Community | April 02, 2011 | 30 comments

Rep. Graves Calls GOP’s Billions In Oil Subsidies ‘Market Manipulation;’ Forgets That He Voted To Extend Them

bundlebear
In February and again in March, Republicans in the House of Representatives, on a largely party-line roll call, voted to extend tens of billions in taxpayer subsidies to big oil companies. At the sparsely attended “Continuing Revolution” Tea Party rally on Thursday calling for more budget cuts, we talked to a number of attendees about their thoughts on Republicans giving so much taxpayer money away to already ultra-profitable oil companies. Rep. Sam Graves (R-MO) was among the many lawmakers to vote twice to extend over $50 billion in taxpayer subsidies to the oil companies:

– House Vote 153 on H.J.Res.44: Graves voted to extend billions in oil subsidies.

– House Vote 109 on H.R.1: Graves voted to extend billions in oil subsidies.

However, when we caught up with Graves yesterday, he said he had no idea that the vote had taken place. He didn’t seem to remember voting for them. In fact, after pressing the congressman, Graves called the idea of giving oil companies taxpayer subsidies “a manipulation of the market place”:

FANG: Four billion dollars in oil subsidies that the Congress just passed to extend for the next ten years maybe forty billion for the next ten years to oil companies. Do you agree with that type of subsidy given the state our budget and deficit?

GRAVES: Uh, when was that passed? I’m not aware of what you’re speaking.

FANG: It was in the continuing resolution debate. I think the Democrats raised a point of order to vote on it and it passed.

GRAVES: Hm. Yeah as far as subsidies, I mean I believe in the free market system all together, the capitalism system one hundred percent. Let the markets determine who is going to succeed throughout the market place.

KEYES: Do you think those subsidies are an aberration of the free market?

GRAVES: I mean they definitely influence the market place. Its somewhat of a manipulation of the market place if products aren’t willing, aren’t able to succeed on their own because of consumer demand and likeness of that product then why should government get in there and manipulate it?

Republicans have convinced the media and the Tea Party movement that they are concerned about the deficit. Even as the GOP has voted in lockstep to balloon the deficit with billions in tax giveaways to millionaires and billionaires, they have used concerns about the deficit to justify cutting food stamps, Pell grants, the Weather Service, the Environmental Protection Agency, the Securities and Exchange Commission, and other consumer and middle class protections. The billions in oil subsidies Graves voted to protect — then forgot about — is part of the same ideology of soaking the poor to help the rich.


http://thinkprogress.org/2011/04/02/graves-oil-subsidies-forgot/
  1. groups:
    Community,   Politics,   US Politics,   US News,   4 more
  2. tags:
    GOP Oil Subsidies Oil Companies
  3.     
    |

30 comments // Rep. Graves Calls GOP’s Billions In Oil Subsidies ‘Market Manipulation;’ Forgets That He Voted To Extend Them // Video

  • COMMONSENSEFORCOMMONGOOD_COM
    • 0
      COMMONSENSEFORCOMMONGOOD_COM  
    • DUH! Once again we see rep-tiles speaking from one of the four mouths facing each direction of the compass. Prior figures calculated total OIL subsidies around 80 billion. Four billion in one instance grossly downplays the enormity of the tax payer rip off!

    • 1 year ago
  • UtopianSky
    • +2
      UtopianSky  
    • There they go again- the "Tax and spend" Republicans with their big government subsides.

      The diference from Democrats is the Republicans want to tax the poor and subsidize the rich.

      They are the anti-Robin Hoods.

    • 1 year ago
  • Wicks934
  • Wetdog
    • +1
      Wetdog  
    • ======" GRAVES: Hm. Yeah as far as subsidies, I mean I believe in the free market system all together, the capitalism system one hundred percent. Let the markets determine who is going to succeed throughout the market place."====

      I think he means the capitalists who write him checks. You just have to define what free market means----it means that the capitalists who write him checks are free to do whatever they want throughout the market place.

    • 1 year ago
  • SamFL
    • +2
      SamFL  
    • I am so Damn sick of these lying assholes.
      Makes me want to borrow a hundred cobras from the zoo and turn them loose in the Capitol Building.
      Grrr..

    • 1 year ago
  • August_K
    • +1
      August_K  
    • I wish that reporter would have reminded him that he voted for the big oil slush fund twice. What's amazing is that big oil is recording record breaking profits while simultaneously not paying a dime in taxes.

      The peoples taxes are helping the oil companies line their pockets and we get higher gasoline prices as our "thank you".

    • 1 year ago
  • August_K
    • 0
      August_K  
    • Don't forget that they also want to cut funding for Elizabeth Warrens Consumer Financial Protection Bureau, She wants to come down hard on the bankers that are rubber-stamping foreclosures and make they pay up for the damage they've done.

      They also want to defund Planned Parenthood who helps millions of women with breast cancer screenings, cervical cancer pap smears, HIV testing for both men and women, access to contraceptives and education about family planning.
      They also want to shut down all but ONE Poison Control Center. Every state currently has one and they get a phone call every 5 minutes and their help keeps millions out of the emergency room and saves our country a lot of money.

    • 1 year ago
  • wtthfkovr
    • +2
      wtthfkovr  
    • These pukes can give tax breaks to the rich and profitable companies, and then kick people off H.C.T.C. that helps people with the high cost of health insurance. There is class war fare

    • 1 year ago
  • bike10
  • SoCalFramer
    • 0
      SoCalFramer  
    • I can not recall that Sir, I don't remember that sir, I am unaware of that and have no recollection. Have you heard these ones before?

      Teach them to your children, they may need them.

    • 1 year ago
  • Schnookums
  • Milieu
    • +2
      Milieu  
    • THis boy has a lot of "Trouble" recalling ethics problems.

      "In 2009, the House Ethics Committee began inquiring whether or not Graves used his position on the Small Business Committee to invite Brooks Hurst, a longtime friend and a business partner of his wife, to testify at a committee hearing on the federal regulation of biodiesel and ethanol production. Graves had failed to mention the financial link between Hurst and Lesley Graves at the hearing, which dealt with federal subsidies for renewable fuels. A review by the independent Office of Congressional Ethics found "substantial reason to believe that an appearance of conflict of interest was created."

      The Office of Congressional Ethics referred the case to the House Ethics committee, which ended its own investigation in October, and released a report finding no ethical violations, as it asserted there was no standard in place for appearances like Hurst's."

      In other words, he found a New way to break Ethics Rules.

      http://en.wikipedia.org/wiki/Sam_Graves

    • 1 year ago
  • chew_chew
    • +3
      chew_chew  
    • He didn't forget. He knows damn-well what he did.

      He, like all the professional extreme right-wing radical Republican politicians, believes he can lie his way out of it. Until recently, he/they have been correct. But the dynamic is changing. Americans are finally remembering that actions speak louder than words. His actions show his true colors.

    • 1 year ago
  • bluestranger
    • +3
      bluestranger  
    • Either he had a vapor lock or he admitted that he failed to uphold his core values of the free market system. What he definitively did was fail his constituents by voting for more subsidies to bloated mega corporations.

    • 1 year ago
  • cherry5000
  • Persecuted
    • +2
      Persecuted  
    • cherry5000:

      the senator from minnesota openly admits to reading at a 6th grade level... he blames it on the school system... and colored people... they dont mind being stupid... its a red blooded american pride to be stupid these days.

    • 1 year ago
  • Milieu
  • telcod
    • 0
      telcod  
    • Persecuted:

      So when exactly did stupid become a virtue in America? Apparently, it is on its way to becoming the eight of the seven deadly sins which we here are so enraptured with/in/by these days. Peace be upon us.

    • 1 year ago
  • telcod
  • Persecuted
  • UtopianSky
    • 0
      UtopianSky  
    • telcod:

      It's all a part of anti-intellectualism.

      Don't elect a president who is intelligent, elect someone you want to have a beer with!

      Don't trust scientists and scholars in their ivory towers!

      Don't go to doctors who actually study the human body, go to some herbalist instead who just last week worked in a nail salon!

      Heck, just on this website five minutes ago I had some kid telling me that knowing how to spell is antiquated.

      It is now cool to be an imbecile.

    • 1 year ago
  • Wetdog
  • FLeggplant
    • +6
      FLeggplant  
    • I'm beginning to suspect that the right-wingers close their eyes and mutter eeny-meeny-miny-mo to themselves while they vote.
      Either that or they are Bald-Faced LIARS!
      Lying would probably be easier for them since they obviously have no idea what they are doing or can't read at all.
      "I do not recall if I was issued a brain"

    • 1 year ago
  • Milieu
  • Wetdog
  • bundlebear
  • KB723
  • Persecuted
    • 0
      Persecuted  
    • bundlebear:

      most of them do... someone summarizes it for them, im sure.... hes got an assistant that says... vote for this, the sponsors sent you a check... or vote against this, the corporations said so.

    • 1 year ago
  • Wetdog
  • UtopianSky
more from Community:

top videos