Jimmy Carter did this and we got gas lines in the 70's. So, how does this help us now? It doesn't. It just gives Democrats a way to pretend to be helping people with the high gasoline prices that their policies are causing.
Excerpts:
- 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 would also seem to exclude industry representatives from the board, as it says members "shall have no financial interests in any of the businesses for which reasonable profits are determined by the Board. [ comment: Anti business attitude. I suppose Kucinich and his crew can figure out a way to bring more energy to the consumer?]
- "Gas prices continue to rise, creating a hardship for the American people," he said. "At the same time, oil companies are making record profits gouging their customers. This bill would tax only the excess profits and create forward-thinking transportation alternatives." [ Comment: Obama has blocked the Keystone pipeline, and these idiots complain about higher energy prices. Prices will come down if they stopped blocking production. This is not industry's fault, it is big government policies that are causing this problem.]
Reagan showed the way to beating these fools, so why can't the Republicans figure it out?
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