Now The Democrat Fools Want To Sue OPEC?
Democrats now want to sue OPEC for price fixing.
Unbelievable! These Democrat morons did everything they could to limit new domestic supply of oil for years, and now they want to sue sovereign nations because they aren’t pumping more oil to help lower global prices?
Just when you think the Democratic Party can’t get more idiotic, it does. First off, how do you sue a sovereign nation when they are not obligated to do anything for you at all? Secondly, how can you even think of suing countries when you have refused for years, and still are refusing, to allow more domestic drilling for oil? You want to sue countries for not doing what you yourself refuse to allow? Thirdly, where is the evidence of price fixing? Is there any?
Also, how the hell could anybody in their right mind suggest doing anything to antagonize suppliers of oil–the lifeblood of our economy–by filing lawsuits against them? What if they get mad and refuse to supply us with oil? Then what? We would have massive shortages!
With the average price of gas in the United States now above $4, Senate Republicans today rejected a plan by Democrats to give the president the authority to declare an “energy emergency” and sue OPEC nations, prosecute price gouging, assess a “windfall profits tax” on oil companies and cut down on speculation in the energy markets.
OK, I can see limiting speculation per the Democrat plan. But here’s the thing that Democrats are too dumb to realize: oil is a globally traded commodity and it is not possible to limit speculation in other countries. Foreign nations are not subject to American law or, fortunately for them, the idiocy of the Democratic Party. If you tried to limit speculation in America, what you would probably end up doing is driving trading of oil outside of America. Then what do you have?
As usual, the Republicans are the voice of reason; they provide the logic to the backdrop of Democrat foolishness.
Republican opponents of the oil-tax measure have argued that higher taxes on Big Oil would backfire, driving up gasoline prices and discouraging new domestic oil production and exploration. If the bill were approved, the American people “will get exactly what they don’t want,” said Senator Pete Domenici, Republican of New Mexico, who predicted higher prices and more reliance on imports.
Yes, that makes logical sense. Higher taxes always retard investment, in this case investment in exploration and development. Regarding the Democrats’ windfall profits tax scheme, which would not do a thing to lower gas prices:
Senator Mitch McConnell of Kentucky, the Republican minority leader, summed up the argument of most of his party colleagues by asserting that “those who think we can tax our way out of this problem” are wrong.
Yes, that too, makes sense. You will not solve the problem of high oil prices–which are being felt worldwide–by increasing taxes.
The White House said the United States was “paying a price today for decades of Democratic opposition and regulatory obstacles to increasing domestic oil production,” as President Bush’s spokesman Tony Fratto put it. “Instead of populist votes that would do nothing for gas prices, we need to allow domestic oil production in environmentally sensitive ways,” Mr. Fratto said.
Yes, that too, makes logical sense. Democrats blocked domestic oil drilling for years. Now, all of America is paying the price. Interestingly, I did not see this mentioned on any of the national newscasts I watched tonight. Why is that?
Why are the news networks not talking about how Democrats blocked oil drilling all these years?
As you can clearly see, it is the Republicans who make sense and the Democrats who do not.
Democrats created this mess. Every American is paying the price.