Posted on 05/22/2008 5:31:41 PM PDT by Kaslin
Energy: Senate Democrats, dragging executives from five major U.S. oil companies before them for a second day, say they're alarmed by our "failed" oil markets. What they should be is ashamed.
Others concluded that this must be a market problem. "We need to get prices under control," said Sen. Herb Kohl of Wisconsin. "We can only conclude that the oil markets have failed."
Well, markets have failed. But the failure is due to Congress' refusal to let oil companies drill on federal lands, thereby cutting sharply into our supply of crude as world demand grows and prices soar both here and abroad.
Congressional ignorance of basic laws of supply and demand is at once bizarre, breathtaking and frightening. For example, the American Thinker Web site this week took note of a speech delivered by New York Democratic Sen. Chuck Schumer on May 13. In it, he urged the U.S. to force Saudi Arabia to pump a million barrels a day more of oil — which Schumer claimed would slash the price of crude by $25 a barrel.
(Excerpt) Read more at ibdeditorials.com ...
The sheeple are paying at the pump for re-electing and re-electing corrupt pols like Teddy (May Allah Be With Him) and not paying attention. Who reads IBD, or WSJ? Talking heads tell them it’s the evil oil companies (in which the sheeple’s 401Ks have healthy investments, coincidentally), and the sheeple take that as gospel truth. You can see now why Dan Rather misses his job as a National Evangelist. The blood boils.
Chuckie is part of the problem, not part of the solution. Soon voters will realize that these schmucks who they sent to Washington as leaders are not really leaders.
How soon is “soon”??? We’ve been waiting for a long time as it is already!
"SOON" is when the public realizes that the incumbents (all of them) need to be replaced regardless of political party. None of them are serving the American people anymore, IMHO.
I agree. Representing the people on a national level was not meant to be a career choice/plan ala Kennedy, Byrd, etc.
“We need to get prices under control,” said Sen. Herb Kohl of Wisconsin. “We can only conclude that the oil markets have failed.”
The prices at Kohl Department Stores are out of control in my opinion. Maybe someone should drag Herb Kohl in front of Congress to find out how his markets has failed.
I love it when boobs give corporations human qualities. Corporate conscience, corporate citizen, etc.
It only proves the ignorance of democratic politicians when it comes to business and how things truly operate in the real world, somewhere these idiots have not worked in a long time, if ever.
With government interference.
No Way!!!! Is that how it works?
“So, why aren’t Democrats happy about today’s prices?”
Because the politics is turning against them. As Rush pointed out, even a moron can see that the Dems arguments are ridiculous.
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