Posted on 05/06/2008 6:05:52 AM PDT by .cnI redruM
"We’re going to go right at OPEC," she said. "They can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil they’re going to produce and what price they’re going to put it at," she told a crowd at a firehouse in Merrillville, IN. - Hillary Rodham Clinton (5 May 2008)
From the palace of her delusional Shangri-La, Empress Clinton has decreed that OPEC can no longer exist as a cartel. It’s a good thing that the Sultan of Brunei, like washed-up Rapper, MC Hammer, insures all of his mansions and Bentleys through Nationwide.
Senator Clinton goes on to explain why the Clinton Health Security Plan of the early 1990’s represented such an execration in the domain of public policy. Like William Jennings Bryant decrying the gold standard, Hillary sounds the war-tocsin of economic populism.
“That’s not a market. That’s a monopoly," she said, saying she'd use anti-trust law and the World Trade Organization to take on OPEC.
Hillary tells us that she intends to break out the whipin’ stick against a bunch of oil-rich Middle Eastern despots and make them charge her concept of a fair price. She has yet to flesh out the detailed strategy to make a nation who elects a man who believes the 13th Imam is returning from the hereafter, to make all the infidels burn in lakes of hellfire, abide by The Sherman Anti-Trust Act. The details of this are probably as nebulous and broad as that Middle-Class Tax Cut that Bill Clinton ran for President on in 1992.
Hillary’s calls for OPEC to disband and engage the market the way a small-town farmer running a road-side fruit and vegetable stand would become even more risible in the face of her efforts to dismantle the only countervailing force we have against the JP Morgans and Cornelius Vanderbilts of South West Asia. She openly accused our oil industry of intentionally manipulating the aftermath of Hurricane Katrina for fun and for profit.
"I want to go after the oil companies and the oil speculators and the manipulators of the money, because they're the ones who I think are really behind this," Clinton told an audience in Elmira Heights on Thursday. "You have a hurricane, and all of a sudden you see prices going up like that. That has . . . everything to do with people trying to make money off the backs of this tragedy."- Washington Post (September 3, 2005)
I can assure the Senator who would be Queen that Ghadaffi, Ahmadinejad, and the rest of that region’s oil-rich supporters of international terrorism are rooting for Senator Clinton to take those profits. Racing against an opponent wearing ankle weights is not a daunting proposition. In keeping with Osama Bin Ladin’s admonishment that the people will always back the stronger horse, the ministers of OPEC cheer with glee at the prospect of the horse of American industry being saddled with the authoritarian dead weight of Senator Hillary Rodham Clinton.
Her newest bone-headed 1970’s revival involves the idea of slapping a Windfall Profits Tax on Oil companies. She claimed to Bill O’Liely they have failed to adequately perform R&D to her specifications. Apparently, their capital stocks and their industrial processes are as badly out of date as The Democratic Party’s national platform.
But once her tax policies have quenched the desire of any enterprising American to enter the oil and gas industry, she will still have to take on OPEC. Only once she’s demobilized Exxon-Mobil, it will be OPEC on Roger Clemmons Juice. At that point, OPEC would be happy to take their offensive product completely off the market and let America do without. Oh boy, would they be happy!
At that point someone could even be impolitic enough to ask her “Oh yeah, you and what Army?” Given her party’s current views of long-term military entanglements in the Middle East, that’s not a question she could laugh off or take lightly. Her answer could be both telling and apocryphal.
Then-Senator Daschle once denounced George W. Bush for following a short-sighted policy that forced the United States to war against Iraq in 2003. Hillary’s willingness to lay waste to America’s domestic oil producers for the crime of acting like businesses and making profits would put us in similar straights with either Venezuela or Iran. Perhaps the pseudo-sapients at Infowars are right to accuse her of threatening to nuke Iran. Once she’s taken those profits, she’s removed other, more rational options from the table.
Oh great. Maybe Madame President can do the same for the oil companies as she did for our flu shots. If the Beast get elected expect gas lines again!
R-P is used more often in the petroleum trade than Sherman
domestically.
Do you really think the Saudis and Venz would give a bleep about either one ?
If it is never on the table, of course not.
Simply remove it from international law then.
R-P could apply to the Venz and Saudis. Both have operating companies in the US. Both offer favorable pricing to some of their customers, which is at the heart of Robinson-Patman.
China already gets all of the oil it wants. Loss of U.S. purchases would be devastating to OPEC.
Hmm. Not a bad point about Chavez. - I assume that you are speaking to the sweetheart deal that some democrat/socialist governor got on heating oil from him?
I can see how you could legally argue that one.
To do any of these things would take some real balls, and I am surprised that Hillary spoke up about it.
Don't know of any like actions by the House of Saud.
Thank you for the post. - and the idea. 8^) - bill
The Fed is a cartel...but so is the government.
hey Hillary opec just called-they said you have no “gravitas”
hey Hillary opec just called-they said you have no “gravitas”
I see in the interview that hillary has replaced ‘you know’ to ‘well’ to start all her sentences.
not an improvement.
After looking at her in the infamous pants suit, how can say she has no gravity?
In she loses too badly in NC, it could usher in the “well, you know” era.
What's the difference between her and Hugo Chavez?
She's literally talking about nationalizing a percentage of the the oil industry!?
And for what? Where's the biggest profits in the history of the world? When is she going to qoute the numbers? The oil stocks I own haven't been gushing like say, Google's 50% increase over the last few months - hey, maybe we should nationalize 50% of Google while we're at it!
Once this train starts rolling, it doesn't stop until we go the way of the USSR, China, Cuba, Venezuela.....
Fortunately this is all a stunt, unfortunately there are many millions who believe in her.
Plumbing.
It’s not OPEC she’s after. “Big Oil” has always been American companies. She doesn’t say squat about OPEC.
So then you advocate a war against the oil producing nations in the ME?
I had a conversation with my aunt a few months back. She forwarded me an e-mail about how the rich oil company owners were manipulating prices at the expense of the poor. I asked her if she had an IRA and she said yes. I asked her if she had any oil company stocks. She said she wasn’t sure, but might have some. I told her that she was one of the rich oil company owners and needed to go to the next stockholders meeting and demand the company stop making a profit and start selling oil at cost.
When she ran for the senate in New York she promised 250, 000 jobs to the upstate area. I think the last time I read anything about it, they had lost an additional 200,000 jobs.
It’s like trusting a Kennedy. They always drive you off the bridge. (Or leave you for the buzzards in Fort Marcy Park)..
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