Thursday, March 02, 2006

New Bush Scam

Bush has snuck a loophole into a bill that will allow Energy Companies to get a lot of money selling synthetic fuels.

"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."

So what's a synthetic fuel?
According to this bill coal sprayed with tree resin qualifies.

Sometimes I wonder if Bush even knows this is going on in his name.

CNN "A magic way to make billions"


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