Where do they come from?!? Where do the voters find them; under a particular type of rock?!? Have said 'flakes' gone over the edge?!? Headed up by Dennis 'The Flake' Kucinich, owe-bamacRAT, Ohio, along with John 'The Flake' Conyers, owe-bamacRAT, Michigan; Bob 'The Flake' Filner, owe-bamacRAT, California; Marcia 'The Flake' Fudge, owe-bamacRAT, Ohio; Jim 'The Flake' Langevin, owe-bamacRAT, Rhode Island and Lynn 'The Flake' Woolsey, owe-bamacRAT, California are all co-sponsors of the bill to form the Reasonable Profits Board. Said board will be created by passage of H.R. 3784; the Gas Price Spike Act, coupled by a simile bill from the Senate.
I'm doing my part: I NEVER vote for incumbants at the state or federal level. This should push YOU to do your part as well!! The well-entrenched Ruling Class is so insulated from normal American life that they think this will pass as reasonable legislation!! This has absolutely NOTHING TO DO with reasonableness, consumer protection or even sanity. It's all about the money; all about the control!
This speaks volumes to the devistating federal price controls. Anyone old enough to remember the blocks-long gas lines of the Oil Embargo Era of 1973-74. "Ahab-the-Arab" used the price and availability of middle-eastern and North African oil to punish those countries that supported Israel during the Yom Kippur War (October 6-25, 1973). This embargo forced a U.S. policy of gas rationing; odd-even fueling days; week-end driving bans; Christmas lighting ban and the 'three-flag' information/warning system.
This ludicrous proposal by said six federal miscreants is laughable!! Corportations--be they in the oil industry or any other--do not pay taxes. While they may 'write a check' to the Treasury, the expense is passed on to the consumer as part of the cost of doing business. These added expenses (the taxes) will--and do--hit hardest, those least able to afford them. The very "rich" people the Congressional miscreants habitually target, can easily afford any increase in fuel price.
For anyone who actually gives a crap, here's some historical oil prices
[Year; Price (inflation adjusted price) president/ruler]:
1946: $1.63 ($18.55) Truman
1952: $2.77 ($23.55)
1953: $2.92 ($24.58) Eisenhower
1960: $2.91 ($22.23)
1961: $2.85 ($21.52) Kennedy
1962: $2.85 ($21.26)
1963: $2.91 ($21.46) Johnson
1968: $3.18 ($20.60)
1969: $3.32 ($20.43) Nixon
1973: $4.75 ($23.95)
1974: $9.35 ($42.73) Ford
1976: $13.10 ($51.96)
1977: $20.20 ($33.47) Cahtah
1980: $37.42 ($102.61)
1981: $35.75 ($88.85) "Ronaldus-Magnus"
1988: $14.87 ($28.42)
1989: $18.33 ($33.36) Bush-41
1992: $19.25 ($30.96)
1993: $16.75 ($26.18) "Slick-Willie"
2000: $27.39 ($35.88)
2001: $23.00 ($29.33) Bush-43
2008: $91.48 ($95.57)
2009: $53.48 ($56.15) Soros
2011: $87.04 ($87.33)
The chart really means little--presidents have very little affect on oil prices--I just felt like puttin' it in here, but I digress.
Back to said Congressional miscreants. I suggest if they're pushing for the Reasonalble Profits Board, we should push for:
Reasonable Vetting Board: owe-bama would STILL be looking for a job.
Reasonable Spending Board: This would eliminate automatic growth in the federal budget.
Reasonable Debt-Limit Board: This would go far to eliminate the huge owe-bamaesque national debt.
Reasonable Ethics Board: Ferret out those Congressional miscreants who enrich themselves at taxpayer expense.
Reasonable Taxation Board: To limit taxpayers' responsibility toward the Treasury.
Reasonable Entertainment Earnings Board: Align small and large screen actors and other entertainers' earnings to the MEDIAN U.S. earnings--say 125%.
Reasonable Sports Earnings Board: Same as above with respect to professional sports performers.
Reasonable Federal Executive Compensation Board: Same as above with respect to those like Franklin Ranes who bankrupted federal agencies for millions-of-dollars in annual pay.
The Ruling Class--of ANY party--has to go!!!!