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WASHINGTON (Reuters) - 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.
So, what kind of "weed" are our prestigious Members of Congress smoking these days...!
House passes bill to sue OPEC over oil prices - Yahoo! News (broken link)
Haha.. thats one of the funniest things I've heard in my entire life...
"This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities,"
So they are passing laws on what could perhaps be happening.. Add to this the fact that Congress wont allow our own oil companies to be competitive, by giving domestic oil companies tax hikes, and foreign oil companies tax breaks, and by limiting our oil companies ability to provide more oil, and limiting alternative energy like nuclear.
Haha.. thats one of the funniest things I've heard in my entire life...
"This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities,"
So they are passing laws on what could perhaps be happening.. Add to this the fact that Congress wont allow our own oil companies to be competitive, by giving domestic oil companies tax hikes, and foreign oil companies tax breaks, and by limiting our oil companies ability to provide more oil, and limiting alternative energy like nuclear.
Oooh, the clowns we elected into Congress
Yeah, and there all piling out of the VW Beetle like a bunch of ants fleeing the colony!
Now, if they would just pass a bill that lets me sue local governments all across America for subsidizing road construction and utilities expansion that has led to suburban sprawl, which has led to increased demand for gas and thus higher prices.
I would also like the ability to sue manufacturers and drivers of cars that get bad gas mileage.
Give me a while and I'll come up with more potential targets.
Now, if they would just pass a bill that lets me sue local governments all across America for subsidizing road construction and utilities expansion that has led to suburban sprawl, which has led to increased demand for gas and thus higher prices.
I would also like the ability to sue manufacturers and drivers of cars that get bad gas mileage.
Give me a while and I'll come up with more potential targets.
Why not sue people who that committed fraud by making false statemnts on loan applicants that have effected your abiltity to get a home loan ad caused the inerest rates to go up. Thye go after the fraudulant claims made on SS that amount to theft of your money.There is alot more you can collect on from the takers in society. Many would get jail time besides.
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.
Are you kidding me? What are they smoking?
What the hell do these people think OPEC does? ITS A OIL CARTEL AND ITS FIXES OIL PRICES. dah!
What the hell do these people think OPEC does? ITS A OIL CARTEL AND ITS FIXES OIL PRICES. dah!
OPEC influences oil prices, but only slightly.
The dillweeds that Americans elect who pursue weak dollar policies actually have more to do with higher prices now.
But when it comes down to it, it's really the demand of the consumer that sets oil prices. So let's all just sue each other for too much oil usage!
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