CNN’s Velshi Takes Shots at GOP, Oil Firms

Photo of Dan Gainor.
By Dan Gainor (Bio | Archive)
June 22, 2007 - 15:31 ET

The energy debate on the Hill could help determine policy and prices for decades. Just don’t expect CNN to report it in a fair way.

Instead, you get Ali Velshi, the ‘American Morning’ business reporter, taking swipes at energy companies and the Republican Party. While the GOP stopped plans for a new tax to pay for more Democratic goodies, Velshi said the Republican wasn’t “particularly sound.”

That’s OK, he also complained that the oil companies are “getting off free.” Apparently, Velshi, not always known for math accuracy, needs a tune-up when it comes to taxes. Oil companies paid an estimated $48.36 billion in income taxes in 2004. They also collect a similar number in excise taxes for Uncle Sugar.

After all, this is CNN, the home of Jack Cafferty and his wacko conspiracy theories about oil companies.


Comments Policy

All comments are owned by whoever posted them and are subject to our terms of use. They should not be assumed to represent the views of NewsBusters.

Viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I'll believe the Dems and lib

June 22, 2007 - 17:26 ET by SoftRight

I'll believe the Dems and libs care about obscene profits when they investigate the bottled water companies........

Congress: Do your Duty!  Enforce Article 4 Sect 4 of the Constitution!

Oil companies paid an estimat

June 22, 2007 - 18:08 ET by general company

Oil companies paid an estimated $48.36 billion in income taxes in 2004. They also collect a similar number in excise taxes for Uncle Sugar.

Who do they think pays those taxes? We do, upping their or anyones taxes gets passed on to those who are suggesting them. Good grief