Blogger Chairman Mao spanks O’Reilly

June 17, 2008

I have not heard Bill O’Reilly and do not know where he stands on the oil situation. However, the column by Chairman Mao leads me to believe O’Reilly is wrong on the issue:

Comrade (Bill) O’Reilly is mad at “Big Oil” . He warns that Republicans are on the “wrong side” of the issue and would be soaked come November. Comrade O’Reilly has his numbers all wrong.

Out of every dollar you pay at the pump for gasoline; fourteen cents go to “big oil.” Twenty Seven cents go to taxes. Very simple math: “Big Government” makes twice as much as “big oil” out of every gallon.

Can Comrade O’Reilly mention any other industry were government makes twice as much as the industry? Is very easy to calculate; if the oil industry made $280 million dollars in profits that means they paid almost $600 billion dollars in Taxes.

Our Socialist government, and apparently Bill O’Reilly, will want to keep the discussion of gasoline prices and “Global Warming” separate. So they blame “big oil.” The truth is that gasoline prices and Al Gore’s Global Warming are intimately related.

Read the rest of the blog post here.

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