HomeUncategorized9/16-17 News Roundup & Open Thread at Benny’s Bar

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jcitybone

https://truthout.org/articles/house-democrats-tax-plan-fails-to-eliminate-domestic-fossil-fuel-subsidies/

Environmentalists found a glaring omission when they reviewed the latest plan from House Democrats for raising taxes on the wealthy and corporations to fund the $3.5 trillion budget reconciliation package: There’s no repeal of domestic tax breaks and other subsidies for the fossil fuel industry. Climate activists say such a repeal is crucial for keeping coal, oil and gas in the ground.

The latest revenue blueprint released by the House Ways and Means Committee on Monday would partially reverse some of the tax cuts approved by Republicans and President Trump in 2017 and close a corporate tax loophole enjoyed by U.S. fossil fuel firms extracting and profiting abroad. The plan also includes a range of subsidies and tax credits for clean tech and renewable energy, as well as for nuclear power plants and controversial carbon capture technologies that have yet to be proven feasible on a mass scale.

However, domestic subsidies for fossil fuels remain untouched. Those subsidies include a controversial tax break that allows oil and gas companies to write off many costs of drilling new wells, according to Lukas Ross, a program manager at Friends of the Earth, a nongovernmental environmental organization. The tax breaks and subsidies allow the costs of expanding fossil fuel production to be quickly deducted and, in some cases, have been around for more than a century, thanks to a powerful extraction lobby.

Markup on the bill continues this week, and Ross called on Ways and Means Committee Chairman Richard Neal (D-Massachusetts) and other leading Democrats to heed President Biden’s call for lawmakers to end domestic subsidies for the fossil fuel industry. Earlier this year, Biden ordered federal agencies to eliminate subsidies where possible and pause oil and gas leasing offshore and on public lands, but subsequent court rulings have determined that there is only so much the administration can do unless Congress acts. Unless the tax bill is improved, advocates say Congress is falling short.

“Climate justice is tax justice, and tax justice is climate justice,” Ross said in an interview on Monday. “This bill is a monumental failure of climate leadership, and we are calling on Chairman Neal and Nancy Pelosi to rise to the challenge of improving it before it reaches that Senate floor.”

Estimates vary by source, with some environmental groups claiming that the United States government gives away at least $20 billion in handouts to fossil fuel firms each year — money they argue should be used to fund renewable energy. A recent analysis by environmental and watchdog groups found that coal, oil and gas companies received between $10.4 billion and $15.2 billion in direct economic relief during the COVID pandemic thanks to efforts by the Trump administration to prop up the corporate economy.

orlbucfan

Richard Neal and Nancy Pelousy? Couple of real “environmentalists.”

jcitybone

jcitybone

Aint Supposed to Die A Natural Death
Aint Supposed to Die A Natural Death

Love me some Bernie. Went to Lowes last week wearing one of my Bernie t-shirts and the young woman helping me, admired it. Said she once went to a Bernie rally and it was so exciting.

orlbucfan

My latest t-shirt is one Anna Eskamani has called: “Governor Who?” for that idiot we endure down here in Dumbshine State-ville. When I wear it, no reaction, but not surprising as I follow strict CV protocol and rarely go out.

magsview

You surely are severely tried down there in Florida!

magsview

Saw a vid the other day, youngish man was asked if he’d bother voting (this was back in early 2020) his shoulders slumped, but then he brighened saying, “Well yes, if for my man Bernie!”

Dems don’t seem to realize that they need something to drive voter turnout.

(“My man Bernie!” did my heart good)

orlbucfan

Bernie, knock off calling it lobbying and call it what it actually is: BRIBERY!! You have nothing to lose.

magsview

At least Biden is talking about income equality? 😬

It was somewhat odd to hear Biden talking about that today, but I’m glad he did.

wi63

Funny how the Dems scream the loudest about income equality and other topics when thier not in power. Once they get power they cant get their shit toegether and do something about it!!! Dont get me wrong i would love to see the voting rights bill pass and Bernies 3.5 bill pass but the Dems just dont inspire confidence at the moment.

polarbear4
polarbear4

I have mixed feelings about Dems like Pelosi and Biden talking about how unequal America is, because it fills liberals hearts with joy and makes them feel satisfied and like all is well and the reality is Pelosi and Biden will not live by that. I’m glad for the programs that Bernie has helped usher through, but there is so much more that he could do with the flick of a finger.

otoh, yes, If people in power say it, at least it brings it more to the attention of everyone and perhaps someday will allow them to realize that they can push for more, that they don’t have to defend the extremely flawed blue candidate all the time, especially once she’s elected.

wi63

Even Pelousy can get it right once in a while,

“I’d say to my Republican friends — and I do have some — take back your party. You’re the Grand Old Party of America. “You’re now being hijacked by a cult. That’s just not good for our country.”

Torabs
Torabs

In the vein of “we need a strong Republican party,” huh? Not a fan of the sentiment.

We have no need for any political party to the right of the Establishment Democrats.

jcitybone

wi63

what ever you say Clarence

e7d[1].gif
orlbucfan

My favorite grafix!!! 🙂 🙂

Torabs
Torabs

Granted they are making these proclamations in Republican strongholds, but no responsible journalist should re-publish this nonsense without highlighting the records of these robed buffoons.

jcitybone

Bernie on Chris Hayes last night.

https://www.msnbc.com/all-in/watch/bernie-sanders-justifies-3-5t-budget-how-much-is-too-much-to-save-planet-121070149937

Bernie Sanders justifies $3.5T budget: ‘How much is too much’ to save planet?

“How much is too much when you’re talking about saving the planet? How much? And if the planet goes down in 50 years—well, Gee-whiz—how much should we have spent or not spent?” says Sen. Bernie Sanders on why the value of the reconciliation package is worth the price.

wi63

Probem it that craprate america only cares about next quarters profit margin, 5 -10-50 years from now inst in thier thought process unless thier a profit windfall associated with the time line.

magsview

I happened to listen to some of Biden’s speech around noon while eating food (tv channel=hubby’s choice) and was somewhat heartened to hear Joe cite stats asserting that ‘every dollar investested now results in a six-fold return down the road’

(or something to that effect, my taking-notes hand was occupied with eating some much needed sustenance)

I have to wonder who’s whispering in his ear..every now and then I hear Bernie stuff.

At one point during the short bit I saw I must admit I expressed concern at Joe’s overall delivery, it didn’t seem very robust, but mr. mags (a total Independent) jumped in to Biden’s defense.

I think there’s a segment out there that’s just happy Biden isn’t being crazy man.

jcitybone

https://www.democracynow.org/2021/9/17/occupy_wall_street_10th_anniversary

On the 10th anniversary of Occupy Wall Street, we examine the legacy of the historic protests with three veterans of the movement: Nelini Stamp, now the director of strategy and partnerships at the Working Families Party; Jillian Johnson, a key organizer in Occupy Durham who now serves on the Durham City Council and is the city’s mayor pro tempore; and writer and filmmaker Astra Tayor, an organizer with the Debt Collective. Occupy Wall Street “broke the spell” protecting the economic status quo and marked a major shift in protests against capitalism, Taylor says. “Occupy kind of inaugurated this social movement renaissance,” she tells Democracy Now! “We’ve been in an age of defiant protest ever since Occupy Wall Street.”

magsview

Wow, that was only 10 years ago?? It seems like a lifetime.

jcitybone

https://truthout.org/articles/bernie-sanders-blasts-conservative-democrats-for-siding-with-big-pharma/

Sanders has been spoiling for this fight for just about the full term of his political life, and he’s not wrong about the strength of his long-despised opponent. “The drug industry has spent years donating to political campaigns, lobbying members of Congress, and developing allies in the business community,” reports The New York Times. “They are now urgently leveraging those relationships. PhRMA announced a ‘seven-figure’ advertising buy on Wednesday, and published an open letter in several Washington publications, adding to television ads running on national news programs and football broadcasts. It’s a playbook that other powerful health lobbies have used.”

Fortunately, there is more than one way to skin a cat in Washington, D.C. After the PharmaDem betrayal in the Energy and Commerce Committee, Speaker Pelosi was able to get the House Ways and Means Committee to advance the same package of Medicare and drug pricing reforms to the House floor, where they will join the rest of the bill for the fraught road ahead. Peters, Schrader, Rice, every Energy Committee Republican, along with Pfizer and its pals, found themselves outflanked for the moment.

There is a vein of bright, shining irony shot through this whole debacle. After Joe Biden became president, the amen corner that is the corporate “news” media fell over themselves voicing warnings of how his legislative agenda would be foiled because of Rep. Alexandria Ocasio-Cortez, “The Squad,” and the Progressive Democratic Caucus in general. Even the slightest bit of static between that cohort and the speaker’s office elicited howls of, “OOOOO, IT’S ON NOW, DEMS IN DISARRAY!” Hardly a day went by without some talking head grimly predicting a progressive uprising against Biden’s agenda.

Flash forward to the debate over the most consequential piece of legislation in generations, and it has been the progressives offering the steady, guiding hand. They have shown their teeth when necessary, and may do so again if there is a concerted effort to decouple the budget reconciliation bill from the infrastructure bill, but they have been striving to shape the legislation and usher it forward.

Instead, the process is threatened with collapse because of a pack of conservative Democrats beholden to greedy pharmaceutical companies and polluting coal barons. Bob Dylan was right: Money doesn’t talk, it swears.

magsview

Sanders has been spoiling for this fight

Somehow we need to put Bernie in the ring with Manchin, it’s really come down to this.

Who wants to start a petition with me to have a debate between Sanders vs. Manchin?

It would certainly make good ratings (and my money is on Bernie).

polarbear4
polarbear4

🙏👍🏻🌷