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And people still think McCain will help America....
MagnesDrachen13 3 years ago
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PART-1
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
(Few Americans know about this!!)
The Americans need "IMMEDIATE" action to lower the gas price at the pump--which would "IMMEDIATELY" help not only them the consumers, but EVERY INDUSTRIES that either made petroleum derivative products, like plastic--or use fuel, like the AIRLINES & TRANSPORT CO. that move every known merchandise across our Nation, like food, appliances, construction material, medical supplies, etc.
librophile 3 years ago
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PART-2
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
This added transportation cost due to the HIGH FUEL PRICE ... is also passed on to the CONSUMERS. So beside being attacked at pump with a $4.00+ per gallon price tag, the AMERICAN CONSUMER is being hit in the pocketbook, from all sides.
- The DEMOCRATS in Congress have urgently responded by introducing Bill HR-6346 ... the "Price Gouging Prevention Act" ... which was sadly OPPOSED & BLOCKED by the REPUBLICANS by a 276/146 vote.
librophile 3 years ago
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PART-3
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
(Stopping illicit Market Manipulation)
- The Democrats are now introducing Bill HR-6330 ... the "Prevent Unfair Manipulation of Prices" or (PUMP ACT) ... to close the ENRON loophole and to reign-in the oil commodities speculators and place them under the Federal Control & Supervision of the "Commodity Futures Trading Commission" (CFTC) which will have the "IMMEDIATE" effect to bring the price at the pump down by 50%.
librophile 3 years ago
PART-4
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
- The Republicans again siding with "BIG FINANCES" & "BIG OILS" oppose Bill HR-6330 and oilman president Bush said he'll veto it, if it reaches his desk !! (WALL STREET --Big Oils have raked in over 600 billion$ in record profit$ since 2000.)
OIL DRILLING--ALTERNATIVE FUEL--NEW TECHNOLOGY will NOT help the American consumers in the "IMMEDIATE" future.
librophile 3 years ago
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PART-5
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
Because both BILLS HR 6346 & 6330 were introduced in Congress by the DEMOCRATS--and NOT the Republicans & because of the upcoming presidential election--the Republicans would rather play politic & ignore the American Consumers. They do not want the Democrats to receive credit for the help they are trying to "IMMEDIATELY" provide to the American Consumers, SO THEY CAN FALSELY CLAIM LATER, the Democratic Congress to be a "DO NOTHING CONGRESS."
librophile 3 years ago
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PART-6
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
P.S. Why buy into the propaganda of investing billions "DRILLING FOR NEW OIL" and remain hooked on OLD TECHNOLOGY.
"NEW OIL" would take years to come to market. Let instead invest NOW these billions in NEW TECHNOLOGY. By the time that new "DRILLED-OIL" would have made it to market we would have already made SIGNIFICANT PROGRESS IN NEW TECHNOLOGY. It's pure & simple logic.
TESLA MOTORS CO. ALREADY HAS "THE" ELECTRIC CAR ... google it.
librophile 3 years ago
Oh what web we weaved. McCain better have a prayer and God on his side to win this election, But I highly doubt that.
faifaalelei 3 years ago
It's more than corporations, It's their innapropriate relationship with the IMF & the World Bank (Bankers) and what does congress do nothing, there is a reason a person spends millions to gets a job worth a couple hundred thousand!
jen472 3 years ago
if olbermann was bias.. he wouldn't have mentioned that a republican was the first to notice the loophole.
RedPandaBoy 3 years ago
Why is this report not on FoxNews?????? Do Americans take FoxNews seriously??
jamesocon1 3 years ago
and a dem CONTROLED congress did nothing??? and didnt say a word...why???
mike1111qq 3 years ago
This is not about Republicans and Democrats. This is about John McCain or Barack Obama and whether you want a President that has so many ties to lobbyist that will influence the votes that Create or not Create your lifestyle. If you want people like Enron Creating you Enegery Policy, then go for McCain. This is what the video is about.
tonchi2a 3 years ago
You have to realize that Corporations like Enron, and you heard the tape, don't care about you at all. If that is what you want, you are in bad shape.
tonchi2a 3 years ago
did he say anything about all the demacRATs that got special loans from country??
mike1111qq 3 years ago