American Samizdat

Monday, February 27, 2006. *
EXCLUSIVE HOW LOBBYISTS ARE PULLING OFF A SYNFUEL SCHEME WITH HELP FROM KEY LAWMAKERS--AND YOU'LL PAY
The wording is so bland and buried so deep within a 324-page budget document that almost no one would notice that a multibillion-dollar scam is going on. Not the members of Congress voting for it and certainly not the taxpayers who will get fleeced by it. And that is exactly the idea. (...)

.. a select group of investors and companies will walk away with billions of dollars in tax subsidies, not from oil but from the marketing of a dubious concoction of synthetic fuel produced from coal and dependent on government tax credits tied to the price of oil. (...)

The stealth amendment would roll back the calendar. (Sort of like your missing the deadline for your mortgage payment, then backdating your check to avoid a late charge. But much more lucrative. (...)

...the provision originated as an amendment from Sen. [Rick] Santorum... When contacted by TIME, Santorum's staff had no comment...


"Sit down my son. We [members] don't actually read most of the bills we vote on. ...-Representative John Conyers
posted by Uncle $cam at 3:21 AM
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