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Waxman Plans Tougher Oversight Of Companies [Nostrildamus predicts]
The Wall Street Journal ^ | October 28, 2006 | By YOCHI J. DREAZEN

Posted on 10/28/2006 6:15:45 AM PDT by aculeus

Drug Prices, Oil Profits Are Among Democrat's Priorities If His Party Retakes House

WASHINGTON -- California Rep. Henry Waxman, the vocal corporate critic slated to run a powerful committee if Democrats win the House, said he would aggressively expand oversight of many large industries -- with a focus on drug prices, oil-company profits and Halliburton Co.'s contracting work in Iraq.

In an interview, Rep. Waxman, the senior minority member of the House Government Reform Committee, said he also would boost oversight of the Bush administration, along with "waste, fraud and abuse" across the federal government -- especially rebuilding efforts in Iraq and the Hurricane Katrina-ravaged Gulf Coast. The committee has extensive -- and vaguely defined -- oversight responsibilities covering broad swaths of corporate America and the government, and the chairman has the power to issue subpoenas, compel testimony and call hearings.

Of particular concern, Mr. Waxman said, would be rooting out what he called "profiteering." His aides define the term broadly enough that it encompasses Iraq contracting, the massive growth in homeland security expenditures, pharmaceutical prices and soaring oil-industry profits. Probes into prices and profits could prove controversial, however, because the government itself has never be

(Excerpt) Read more at online.wsj.com ...


TOPICS: Extended News
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Full article behind subscription wall.

But you've got the idea.

1 posted on 10/28/2006 6:15:47 AM PDT by aculeus
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To: aculeus

2 posted on 10/28/2006 6:17:51 AM PDT by b4its2late (50-50-90 rule:You have a 50-50 chance to get it right,there's a 90% probability you'll get it wrong.)
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To: aculeus
Nostrildamus

lol

3 posted on 10/28/2006 6:18:42 AM PDT by sporkweasel
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To: aculeus

Just the usual politics of hatred, resentment, and envy. He's pandering to the hand-to-mouth voters who never invested a nickle in their lives.


4 posted on 10/28/2006 6:21:42 AM PDT by D.P.Roberts
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To: aculeus

Oh, so he's going after big University, big Media and Big legal then?


5 posted on 10/28/2006 6:22:12 AM PDT by Not now, Not ever! (The devil made me do it!,.......................................................( well, not really.)
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To: aculeus
The best laid plans of miceRATS....


6 posted on 10/28/2006 6:22:50 AM PDT by johnny7 (“And what's Fonzie like? Come on Yolanda... what's Fonzie like?!”)
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To: aculeus

Does cheating by hiring illegal aliens count as profiteering to Henry "Nose Hair" Waxman?


7 posted on 10/28/2006 6:23:27 AM PDT by Bernard (Democrats are willing to defend terrorists' rights over your dead body.)
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To: aculeus

Praying to GOD that the dims lose seats.


8 posted on 10/28/2006 6:23:48 AM PDT by Dustbunny (The BIBLE - Basic Instructions Before Leaving Earth)
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To: aculeus
LOL! The title alone deserves a "sporfle alert" (Don't sip any liquid before you read...)
9 posted on 10/28/2006 6:24:11 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: aculeus

Where exactly in California is he from?


10 posted on 10/28/2006 6:24:42 AM PDT by csmusaret (Urban Sprawl is an oxymoron)
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To: johnny7
That is just plane scary, sir.

As for a caption, how about "I'm too sexy..."

11 posted on 10/28/2006 6:25:21 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: aculeus

This is really from the "Onion" isn't it?


12 posted on 10/28/2006 6:25:39 AM PDT by CMailBag
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To: b4its2late

13 posted on 10/28/2006 6:26:20 AM PDT by reagan_fanatic (The fool hath said in his heart, there is no God." (Psalm 53:1))
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To: johnny7

This guy is a living breathing cartoon character. What a doufous.


14 posted on 10/28/2006 6:27:52 AM PDT by catfish1957 (Republictarian.....)
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To: aculeus

Sharper Image execs will be subpoenaed, hauled up to Capitol Hill to testify under oath, because their company is the largest seller of nose nhair clippers in the US


15 posted on 10/28/2006 6:30:27 AM PDT by ken5050
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To: aculeus
Photobucket - Video and Image Hosting
16 posted on 10/28/2006 6:31:58 AM PDT by sporkweasel
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To: Caipirabob

Black & white really captures his hideousness...


17 posted on 10/28/2006 6:32:22 AM PDT by johnny7 (“And what's Fonzie like? Come on Yolanda... what's Fonzie like?!”)
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To: aculeus

"profiteering."

Does this mean he is going to investigate Sen Reid on his million dollar profit from his land sale?


18 posted on 10/28/2006 6:34:30 AM PDT by ArkansasBushfan
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To: sporkweasel

DimocRAT 'bat-boy'!


19 posted on 10/28/2006 6:34:51 AM PDT by johnny7 (“And what's Fonzie like? Come on Yolanda... what's Fonzie like?!”)
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To: aculeus
"waste, fraud and abuse" across the federal government

This hog-nosed commie is going to root out waste, fraud and abuse in the federal government? Shouldn't this be in comedy, not breaking news?

20 posted on 10/28/2006 6:35:00 AM PDT by Hardastarboard (Why isn't there an "NRA" for the rest of my rights?)
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