Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a "Reasonable Profits Board" to control gas profits.Apparently this bill is called "The Gas Price Spike Act". If these fools want to know why gas prices are spiking, perhaps they should look at the activities of this administration before they look at the oil companies. We could have gotten millions of barrels of oil from the Canadians, but no, Obama decided to appease the radical environmental lobby and kill the Keystone XL pipeline. Why don't you start by investigating those people?
The Democrats, worried about higher gas prices, want to set up a board that would apply a "windfall profit tax" as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit.
Friday, January 20, 2012
These people are making it so hard for me to come up with funny stuff anymore because their actual headlines sound like satire:
Posted by Rick Moore on 1/20/2012