{"id":15445,"date":"2012-06-11T18:36:19","date_gmt":"2012-06-11T18:36:19","guid":{"rendered":""},"modified":"2012-06-11T18:36:19","modified_gmt":"2012-06-11T18:36:19","slug":"obama_puts_big_oil_big_coal_on_kill_list_and_looks_to_replace_them_with_a_109_year_old_new_idea","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/06\/11\/obama_puts_big_oil_big_coal_on_kill_list_and_looks_to_replace_them_with_a_109_year_old_new_idea\/","title":{"rendered":"Obama Puts Big Oil, Big Coal on Kill List and Looks to Replace Them with a 109-Year-Old “New” Idea"},"content":{"rendered":"

RUSH: Woodbridge, Virginia, welcome to the EIB Network. Hello.<\/p>\n

CALLER: Hello, Rush, mega dittos. It\u2019s a real pleasure to get a chance to talk to you.<\/p>\n

RUSH: Thank you, sir, very much. I appreciate that.<\/p>\n

CALLER: Sir, I would like to say that, you know, when you talk about these residents not wanting to cut off their property taxes<\/a>, I couldn\u2019t help but think to myself, didn\u2019t Obama publicly come out and say he wanted to kill the coal industry. So I can\u2019t help but think that maybe they may anticipate that he wants to go after the oil industry as well and so why not —<\/p>\n

<\/p>\n

RUSH: I understand the point that you\u2019re making. He\u2019s already going after the oil industry. It\u2019s called the Keystone pipeline and the drilling moratorium in the Gulf of Mexico. He\u2019s doing everything he can to hamper Big Oil. Now, this story, he\u2019s talking about property taxes here. This is out of the Wall Street Journal: “An energy boom has flooded North Dakota\u2019s coffers at a time when almost every other state is struggling to make ends meet. But when its fiscally conservative residents get the chance Tuesday to vote themselves a big tax cut, they are expected to say ‘no.\u2019 At issue is a referendum for a proposed constitutional amendment to eliminate local property taxes, requiring the newly flush state government to make up the difference.”<\/p>\n

They got plenty of money because of this boom. It\u2019s an oil boom, and the residents have a chance to get rid of property taxes. Public unions, employee unions, are leading the charge to oppose eliminating the property tax. They want it maintained. Basically what we have here: “Proponents, a loose group that includes people ranging from progressives to tea-party members, say the state can afford it, thanks to as much as $3 billion in expected revenue from taxes on oil and natural-gas production in the current and next fiscal years. They also cite sales-tax revenue that has jumped 86% from two years ago because of an influx of new residents and businesses.<\/p>\n

“But the measure\u2019s many opponents, including Republican Gov. Jack Dalrymple and organizations ranging from the North Dakota Chamber of Commerce to public-employee unions, fear that eliminating property taxes is too risky a bet on prosperity that might not last. They point out that state government already is pumping more money into local communities that is helping to reduce property taxes. And they say the proposed amendment doesn\u2019t explain clearly how it would cover the loss of the estimated $810 million that counties, towns and other local entities receive annually from property taxes.” Likely voters oppose the measure by nearly three to one. So they\u2019re worried here that the boom won\u2019t last. And what Ben here is saying is they might have a fear, since Obama is telling the coal industry that they\u2019re toast, that he might also tell these people he might outlaw fracking. He might make the way they are extracting oil illegal, shut it down. <\/p>\n

Now, the story does not allude to that. But it\u2019s an intelligent thing to suspect, given Obama\u2019s track record on other conventional sources of energy. But the oil industry is on Obama\u2019s Kill List, just like coal is. The Kill List is not just terrorists. No, no, no, no, no. The Kill List is not just terrorists. Big Oil and a number of other private sector<\/a> businesses and industries. Now, we know that Obama hates fracking. Anything that\u2019s new. “What do you mean, Rush, he\u2019s for electric cars.” That\u2019s not new. Do you realize how old the electric car idea is? Would you like to take a guess? How old? When was the first electric car idea proposed? You\u2019re gonna be stunned when I tell you. One hundred nine years ago. One hundred nine years ago. That\u2019s how old the notion of an electric car is. A hundred nine years. You could say people have been working on this for 109 years and we\u2019ve not gotten past the golf cart, in practicality. <\/line><\/p>\n

Everything Obama\u2019s doing is looking backwards. He\u2019s against fracking, a new way to get more oil. We\u2019ve got more oil deposits in this country than the Saudis have. Now, we can\u2019t get it the conventional way. It takes new techniques, which are now viable, which are now profitable. Big Insurance is on the Kill List, Big Pharmaceutical, Big Sugar. And not just Obama\u2019s, but practically every liberal Democrat has these industries on the Kill List. So in a way you can understand the people in North Dakota. They know property tax funds certain things, and they\u2019re afraid Obama might just come shut down the source of all the revenue \u2019cause he doesn\u2019t like private sector revenue this way.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Woodbridge, Virginia, welcome to the EIB Network. Hello. CALLER: Hello, Rush, mega dittos. It\u2019s a real pleasure to get a chance to talk to you. RUSH: Thank you, sir, very much. I appreciate that. 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