Washington (CNN) - Ahead of oil executives testifying on Capitol Hill before the Senate Finance Committee, Republican Sen. Orrin Hatch of Utah bemoaned the perhaps inevitable comparison of the hearings to a "dog and pony show" in this exchange with Committee Chairman Max Baucus, D-Montana. (Referenced picture above)
Hatch: "This hearing should not be used to score cheap political points, but I am afraid with all due respect Mr. Chairman that that's what we are going to see here today. I have a chart depicting what I expect this hearing will turn into. There you go. I think that's a real nice picture. I think that's pretty good myself."
Baucus: "Who is the horse and who is the dog?"
Hatch: "I think we both know. I know who the horse's ass is I'll put it that way."
Democrats have no idea how to lower gas prices, fix the economy or anything else that has to do with economics because they all majored in fingerpainting and diversity studies in school. All they know how to do is spend money and raise taxes.
Dog and pony show.
The thing is though, that a lot of Americans are seeing this show for the first time, you know, getting the chance to see oil execs called to the mat over their tax breaks while the average American is suffering at the pump.
We're also getting to see who is on who's side.
Pretty enlightening for a dog and pony show if you ak me.
Worth the ticket price Senator Hatch.
That's funny. Though I do not agree with him politically, I have always seen Senator Hatch as a very brilliant and dedicated public servant. So glad to see he has a very sharp sense of humor.
Come out Sarah Palin and make your comments, this subject is simple enough, it's about a dog and a pony.
America, Republicans seem to think that corporate welfare is a joke. They would rather cut school lunches that remove tax breaks that pay for corporate bonuses. Take that to your ballot box.
Sen. Hatch expects to get primaried for 2012, so he's going to stick up for his bosses: Big Oil
Perhaps Senator Hatch isn't aware that $4 gas isn't a joking matter to the majority of Americans supporting their families on the meager wages offered them by the Corporate Elites of this country ... begging the question: Why are Republicans hell bent on their continual support of the Oil Companies who use their free market, freedom of speech *constitutional* rights to continually hike up gas prices benefiting only themselves?
Yes, because giving billionaire businesses tax breaks when we are in a deficit situation is very funny. Thank you Mr. Hatch for you sensitivity to the Americans that you expect to take cuts in their Medicare and Social Security while you dish out corporated welfare to a business that made 10 trillion in profit over the last 10 years.
What is really frustrating to most Americans is that we have all seen these hearings before and most see them for what they are. Nothing EVER comes from them with real legislation to alter this outrageous corporate behavior!
If it is Wall Street speculation in commodities , then why can’t that be dealt with in a realistic way? It is "Free Market" out of bounds..
Orrin Hatch should do Utah and all America a favor and retire.
The IRS will hound you if you owe a few bucks in taxes, and when the Dems attempt to level the plane field, here come the Republicans sticking up for the rich and corporate greed. Whoever voted or votes Republican must be insane. Unless you are top 5% of the richest.
That's right Orrin. Americans in pain at the pump is all just a big joke to you and your Republicant friends. "Drill, Baby, Drill", damn the environment or the fact the oil companies have proven safety is the lowest rung on their ladder and gets stepped on first.
Our refineries are working now at 100% so, unless you build more refineries, that 'new' oil has no place to go.
But the only way you'll allow a refinery to get built is with all the safety controls turned 'OFF'.
Return to 1906 and the era of the "Robber Barons" is what the current Republican Party stands for. No taxes on corporations, minimum taxes on their financiers, and reduce the workers to the level of a common soldiers rifle bullet – expendable.
Is Hatch not concerned about waste of taxpayer money?
You have to be kidding me. This is OUR tax payer $ that you are trivializing. Why should be pay Corporate Welfare for the most wealthy and powerful industry in the world? Yeah we all know you're getting wined and dined by shiester Big Oil lobbyists. Teddy Roosevelt would be ashamed at today's Republican Party. Shame on you Sen. Hatch.
Where is Texas Rep Joe Barton to appologize to the oil companies for this "terrible shakedown"?
Yes, any form of tax reform for corporations is a big joke to repugs.
I hear the dog hasn't decided yet!!
So it's ok to give tax breaks to companies that do not need it but the auto companies should have been shut down? Joke is the correct word!
Bush tax cuts – Existed BEFORE AND DURING the recession. Didn't stop the recession from happening, didn't blunt its effects, didn't prevent the job losses and didn't fix the recession. GOP tells us that we simply must extend the duration of the tax cuts in order to create jobs or the recession will get worse, i.e., "it'll work this time, we promise."
Big Oil subsidies – Existed BEFORE AND DURING this price spike, the last price spike under Bush and several other price spikes. They didn't stop the price spikes, didn't prevent them, didn't blunt them and didn't fix them. GOP tells us that wwe simply have to keep giving Big Oil more subsidies to pervent future price spikes and fix the current one, i.e., "it'll work this time, we promise."
This is what is called "magical thinking." We've been doing these things for decades now and they have had a measurable empirical effect on the economy, jobs, middle-class incomes, average household debt, etc. The next time we do them or extend them or continue them is not going to result in them suddenly having the opposite effect, or a different effect (or even an effect at all in cases where they heretofore have had none), than they did the myriad times they were done before. Believing otherwise is Einstein's definition of crazy.
Any idea how much this stupid analogy cost taxpayers? That giant print doesn't look cheap...
Good one Hatch!! Just more of the same BS from the Democrats. Wasting time and money. Just another way to attack businesses. I wish I was one of these CEOs. I'd show up, read my prepared statement in which I called them all a bunch of flaming idiot politicians that can't run a country and then stand up and walk out.
Isn't that picture an abuse of animals? Where's PETA when they could have actually done some good for once?
I though the republicans said all government expendures are on the table. Or that's right, only social welfare is to be cut. Corporate welfare (subsdies) if they are cut will be a tax increase? I teach economics and I never heard anything about subsdies being a tax. There is a term in economics called "rational igorance" where people do not spend the time to become informed on issues. Instead they listen to the propaganda the parties put out and vote according. Republicans are hell bent to privatize all public goods and have their corporate sponsors profit from them.
All of you clamoring to 'tax big business' need to know one simple economic fact...CORPORATIONS DON'T PAY TAXES, THEIR CUSTOMERS DO!!!!