how many times do we hear him say this in the last couple years? millionaires and billionaires can afford to do a big more. we can close corporate loopholes so oil companies aren t getting necessary tack breaks. eric: i was shocked when i learned that facebook earned $1 billion and not only did they not pay a penny in federal taxes but getting a refund of half a billion dollars. full disclose sure, i m a facebook shareholder. but trillions in debt. trillion dollar deficits. why haven t we heard from the obamanist on this? dana: you were doing great until there. bob: right until there, i thought this is the eric, mellowed back version. but obamanist? he said in the state of the union speech he wanted to rewrite the tax code. included that doing away with the loopholes like this. shocked me they can do it.
how many times do we hear him say this in the last couple years? millionaires and billionaires can afford to do a big more. we can close corporate loopholes so oil companies aren t getting necessary tack breaks. eric: i was shocked when i learned that facebook earned $1 billion and not only did they not pay a penny in federal taxes but getting a refund of half a billion dollars. full disclose sure, i m a facebook shareholder. but trillions in debt. trillion dollar deficits. why haven t we heard from the obamanist on this? dana: you were doing great until there. bob: right until there, i thought this is the eric, mellowed back version. but obamanist? he said in the state of the union speech he wanted to rewrite the tax code. included that doing away with the loopholes like this. shocked me they can do it.
american you haven t talked to my daughter, but go ahead. (laughter) if she had a choice, really, between, you know, a gallon of gas to get to work or that ipod. i don t know. i think she but she would walk, she would walk to the apple store to get her iphone. neil: bingo. saying she had to do that. and dagen hit on this, too, americans admire the entrepreneurialism of apple and they don t admire the entrepreneurialism of the oil companies right or wrong. i don t think for the president, by the way, that this is about making money. you know, oil companies aren t bad because they make a lot of money, they re bad because they re bad. okay. oh, my god. i can t believe it. i love him dearly, but i think the administration has a problem with those who make money. i really do. i think there s a great sort of inherent belief that it s through ill gotten gains and the only thing the administration and they don t have a problem with technology companies and the executives
poll numbers. gas prices hitting an all-time high for april are now fueling a political feud. house speaker john boehner lays some of the blame on president obama. the fact is he s done nothing to help the situation. reporter: but while he says oil companies also bear some blame he defended their role. the fact is there s a limited supply of oil around the world. there s unrest in the middle east driving up the price. reporter: the president is feeling the hit along with american consumers. these gas prices are killing you right now. reporter: as prices have spiked since january has approval ratings have sunk. when the president was sworn in, gas averaged $1.84 a gallon. it s now $3.88. potential 2012 gop hopeful donald trump has even weighed in. look at what s going on with your gasoline prices. they are going to go up to $5, $6, $7. reporter: there s no shortage, it s largely speculators driving prices due to the middle east turmoil. the price is being driven by an
for more than $100, you do the math that. is great profit numbers for the big oil companies. and more than 80% of their campaign contributions are going to republicans. look, i don t mind people making a huge profit. they re taking our oil and saying let me drill for more oil and i m going to charge you an $82 profit per barrel. it s insanity, right? and there s thousands of leases in the gulf of mexico where oil companies aren t even paying a dime in loyalties to the american taxpayer. i get frustrated by politics. tyson slocum, thank you very much. my pleasure. now we have an update about a fox news executive who admitted to lying on air about barack obama and socialism.