20

Feb

Countdown Special Report: McCain’s Tie’s To High Gas Prices

Posted by admin as Gas Prices

Keith Investigates the price of oil and uncovers the reason for high oil and gas prices. The Enron Loophole. The Enron Loophole is just as it states, it’s a loophole in the law that lets traders manipulate oil and gas prices. However, every attempt to close this loophole has been blocked by Joh McCain and his K Street buddies. That’s right lobbyists and the McCain campaign has blocked the close of this loophole.

Duration : 0:9:13


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GE0RGERHARRSONSUCKS says February 20th, 2009 at 4:58 pm

Both parties are …
Both parties are crooks you dummy. Illinois now has its 4th democrat governor going to prison. Only idiots from both parties point fingers and think their party is oh so innocent and never done anything criminal.
Last election we had a Nazi or a racist, and we picked the racist. How sad.
We need a good third party.

GE0RGERHARRSONSUCKS says February 20th, 2009 at 4:58 pm

The problem is we …
The problem is we need to stop drilling for oil and we need to start drilling for gas.

Many thanks to all …
Many thanks to all you s who voted twice for “W”-how’s that “New World Order” coming, huh?

The Republican …
The Republican party is more than a joke, they are unpatriotic. They will do any criminal act in the name of corporate greed and control, locking most Americans out of any reasonable ability to influence their government when it comes to fairness, freedom, and economic independence.

you mean people who …
you mean people who are crooks who tweak the system to their own advantage, instead of the public’s best interest

The Republican …
The Republican party is a joke

How do I blamed …
How do I blamed everything on people I don’t like?

ENRON LOOPHOLE …
ENRON LOOPHOLE PART-I
In 2000 Texan Ken Lay (ENRON CHAIRMAN) met with Bush/Cheney & asked to be able to speculate “freely” on Electrical Power commodities OUTSIDE Federal Supervision or Control. He got the OK. This became known as the “ENRON LOOPHOLE.” Ken Lay contributed heavily to Bush 2 Governor elections & Presidential Campaign. ENRON ripped-off the California consumers & charged up to 5x times the average cost of electricity. ENRON made billions on that Bush/Cheney/ENRON/Rep. Congress Deal

ENRON LOOPHOLE …
ENRON LOOPHOLE PART-II

- In 2000 “Big Oils & Speculators” asked Bush/Cheney for the same “ENRON LOOPHOLE” deal. The price at pump started to increased artificially thru speculations. WALL STREET reports that Big Oils raked in 600 billions in Record Breaking Profits since 2000

Closing that “ENRON LOOPHOLE” & placing Speculators in Oil Commodities under Federal Control would bring the price down at the pump by 50% within 30 days.
This was the Bush/Cheney/Big Oils/Republican Congress Deal.

PART-6
WHY THE …

PART-6
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE

P.S. Why buy into the Republican’s propaganda of investing billions drilling for “New Oil” and remain hooked on OLD TECHNOLOGY.

“New Oil” that would take years to come to market. Let invest NOW these billions in NEW TECHNOLOGY. By the time that new “Drilled-Oil” would have come to market, we would have made significant progress toward NEW TECHNOLOGY. It’s pure & simple logic.

PART-5
WHY THE …

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 “DO NOTHING CONGRESS.”

PART-4
WHY THE …

PART-4
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
- The Republicans again siding with “BIG FINANCES” and “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.

PART-3
WHY THE …

PART-3
WHY THE AMERICAN CONSUMER PAYS THRU THE NOSE
- 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%.

PART-2
WHY THE …

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.

PART-1
WHY THE …

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.

This is a massive …
This is a massive scandal!

Obama 08
Obama 08

I can’t give this …
I can’t give this less than 5 stars, but, it has already been posted 3 times.

I knew when all the Republicans started doing the offshore drilling shuffle in lockstep that something was up… more disaster capitalism.

McEnronned again. Disgusting.

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