Ken Bell submits:It
looks like our overpaid Congressfolk are at it again - flexing and
preening for the American public. This time, the House has approved a
law that would allow us to sue OPEC for high oil prices. They’ll debate
and pontificate about limiting frivolous lawsuits and excessive
malpractice awards but then turn around and pass a law like this? It makes me pine for the glorious days of the Truman-era "Do-Nothing Congress". Good times.
Before
getting to the new OPEC law, let’s look in at yesterday’s Senate Judiciary
hearing which is questioning oil executives about the rise in oil
prices. Here’s my favorite quote so far, and it comes from Senator
Patrick Leahy, D-VT: "Normal supply and demand says prices should be
around $55 to $60 a barrel."Complete Story » …
May 28