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Bush Rejects Tax on Oil Companies' Profits

Fri, 28 Apr 2006 14:50:23 -0700

 

 

Senator Ron Wyden mounts one-man filibuster to reduce oil company

subsidies; Bush says no to windfall profits tax, approves Dubai

purchase of US defense contractor; 10 states sue federal government over global

warming; Afghan security deteriorating; Willie Nelson grows " good food

movement " ; and more ... Browse our continually updating front page at

http://www.truthout.org

 

Join fellow bloggers at the t r u t h o u t Town Meeting. Get

perspective on today's important issues from TO's editorial team and

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Join the debate! http://forum.truthout.org/blog

 

 

 

t r u t h o u t | 04.28

 

Go directly to our issues page: http://www.truthout.org/issues.shtml

 

Bush Rejects Tax on Oil Companies' Profits

http://www.truthout.org/docs_2006/042806R.shtml

President Bush on Friday rejected calls by some lawmakers for a tax on

oil company windfall profits, saying the industry should reinvest its

recent gains into finding and producing more energy. He also said:

" These oil prices are a wake-up call. We're dependent on oil. We need

to get off oil. "

 

Bush Approves Dubai Defense Purchase

http://www.truthout.org/docs_2006/042806S.shtml

President George W. Bush approved Dubai's $1.24 billion takeover of

Doncasters, a British engineering company with US plants that supply the

Pentagon, the White House said on Friday.

 

Corruption Eroding Afghan Security

http://www.truthout.org/docs_2006/042806T.shtml

Nearly five years after the fall of the Taliban, Afghanistan's security

situation continues to be dragged down by endemic corruption, roving militias,

and a growing nexus between narco-warlords and remnants of the Taliban,

officials and analysts say.

 

Wyden's Long Talk Fails to Persuade

http://www.truthout.org/issues_06/042806EA.shtml

Oregon Democrat Ron Wyden seized control of the Senate floor for more

than four hours Thursday in an attempt to reduce subsidies to oil

companies, enraging Republican leaders. Wyden proposed an amendment that would

give the federal government greater authority to collect royalties from oil

companies that drill on public property.

 

Ten States Sue EPA Over Global Warming

http://www.truthout.org/issues_06/042806EB.shtml

Ten states fired a new legal salvo at the federal government Thursday

in a long-running court battle over global warming and pollution from

power plants. The states, joined by environmental groups, sued the

Environmental Protection Agency over its decision not to regulate carbon dioxide

pollution as a contributor to global warming.

 

White House EPA Pick Decried

http://www.truthout.org/issues_06/042806EC.shtml

A chorus of environmental and health advocacy groups is urging Congress to

reject the Bush administration's most recent nominee to an

environmental post. " Virtually anything bad that the Bush

administration has done with air pollution has Bill Wehrum's fingerprints on

it, " said Frank

O'Donnell, president of Clean Air Watch.

 

Willie Nelson | Save Family Farms, Save America

http://www.truthout.org/issues_06/042806HA.shtml

Willie Nelson: " As one of the founders of Farm Aid, I have watched with

admiration and a good amount of satisfaction the growth of what many now call

the 'Good Food Movement' - the growing interest in and demand for organic,

humanely-raised and family farm-identified food that is transforming the way

America grows its food and how our food gets to our tables. "

 

Transit Workers Face Fines, Internal Strife

http://www.truthout.org/issues_06/042806LA.shtml

In the aftermath of an illegal strike that froze the city's bus and

subway systems last December, the Transport Workers Union Local 100,

largely comprised of people of color, has been saddled with crippling

fines, a jail sentence for its leader, and a tentative contract deal

riddled with controversial compromises.

 

Women's Groups Differ Over Immigration Strategy

http://www.truthout.org/issues_06/042806WA.shtml

Immigration activists are weighing in with different strategies on how

to push for legislation that would improve the lives of the 4 million

unauthorized immigrant women estimated to be living in the US.

 

VIDEO | Dennis Banks: Sacred Run

A Film by Rebecca MacNeice

http://www.truthout.org/multimedia.htm

Dennis Banks, co-founder of American Indian Movement, organized the

first Sacred Run across the country 28 years ago. The run is a staggered event

that covers the country by foot between February 11 and April 22, ending in

Washington, DC, on Earth Day. This year's closing ceremony was held at the

Lincoln Memorial. Along the way, the core group of runners was joined

intermittently by other walkers and runners. Banks has always been accompanied

by Buddhist monks from the Nipponzan Myohoji sect.

 

Go directly to our issues page: http://www.truthout.org/issues.shtml

 

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