Friday, May 10, 2024

The Selling Of America!

There is a fire sale going on in the US, environmental protections are up for sale for a measly $1 billion! That is what what Trump told a bunch of CEOs.
What Trump promised oil CEOs as he asked them to steer $1 billion to his campaign
Donald Trump has pledged to scrap President Biden’s policies on electric vehicles and wind energy, as well as other initiatives opposed by the fossil fuel industry.
The Washington Post
By Josh Dawsey and Maxine Joselow
May 9, 2024

As Donald Trump sat with some of the country’s top oil executives at his Mar-a-Lago Club last month, one executive complained about how they continued to face burdensome environmental regulations despite spending $400 million to lobby the Biden administration in the last year.

Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted, according to people with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.

Giving $1 billion would be a “deal,” Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people.
How brazen is that! Investopedia writes,
Bribery involves the payment of something—either money or goods or an intangible favor—in the subversion of normal practices, for gain or special treatment, or in order to get an advantage.
That sure does sound like making a suggestion of buying legislation!
In recent months, the Biden administration has raced to overturn Trump’s environmental actions and issue new ones before the November election. So far, Biden officials have overturned 27 Trump actions affecting the fossil fuel industry and completed 23 new actions affecting the sector, according to a Washington Post analysis. The Interior Department, for instance, recently blocked future oil drilling across 13 million acres of the Alaskan Arctic.

Despite the oil industry’s complaints about Biden’s policies, the United States is now producing more oil than any country ever has, pumping nearly 13 million barrels per day on average last year. ExxonMobil and Chevron, the largest U.S. energy companies, reported their biggest annual profits in a decade last year.

Yet oil giants will see an even greater windfall — helped by new offshore drilling, speedier permits and other relaxed regulations — in a second Trump administration, the former president told the executives over the dinner of chopped steak at Mar-a-Lago.
The new Trump presidency, the best money can buy!

It sure sounds like that Trump found a way out of his financial problems… “At one billion… do I hear two billion? One billion going once… one billion going twice… Sold! Next up on the auction block... Air pollution laws, who wants to being the bidding?”

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