The Discerning Texan
All that is necessary for evil to triumph, is for good men to do nothing.
-- Edmund Burke
-- Edmund Burke
Tuesday, May 20, 2008
Rocket Scientist Dems discover The Solution to High Gas Prices; Arab World Shakes in Boots
Imiginary Democrat conversation up on Capitol Hill: "I know what we'll do: let's tie up the courts with lawsuits we can never win, funded by taxes that we'll raise on every single American who works--and their evil employers! And we'll tell them we are doing it to lower prices! Our Trial Lawyer contributors will sue OPEC to try and get them to lower prices--which at least looks good to those idiots out there who vote for us, even if it will have the reverse effect: causing shortages and astronomical prices--but the idiots won't know that until it's too late. Then we'll go after the Oil Companies! Meanwhile our lawyer friends will get rich and keep donating big bucks to us!!!"
And then...they actually voted for it (via QandO):
And then...they actually voted for it (via QandO):
The Democrats have finally solved the oil price problem:Are you ready to start waiting in long gas lines? Are you ready for a second (but worse) Jimmy Carter? There is still time, fortunately--but not much. First you need to tell your Senators what you think of this insanity. Please do that now.The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.I would love to have some of what these yahoos are smoking.
The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow.
The measure passed in a 324-84 vote, a big enough margin to override a presidential veto.
The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation.
"This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities," said Democratic Rep. Steve Kagen of Wisconsin, who sponsored the legislation.
Aren’t these the same folks that claim we shouldn’t be "imposing" democracy on anyone? And yet here they are trying to impose (and that’s not going to happen, trust me) US law on an international cartel.
Yeah, that’ll solve the problem, wont it?
Are you catching on yet that these morons in Congress (and elsewhere) haven’t a clue about how the world works?
It seems the guy everyone hates, however, does:The White House opposes the bill, saying that targeting OPEC investment in the United States as a source for damage awards "would likely spur retaliatory action against American interests in those countries and lead to a reduction in oil available to U.S. refiners."Ya think?
The administration said less oil going to refineries would limit available gasoline supplies and raise fuel prices.
Thanks Democrats.