Thursday, February 16, 2012

Unreasonable Men

Though this news came out on January 19, 2012, I was not aware of this madness until just moments ago.  Dems propose ‘Reasonable Profits Board’ to regulate oil company profits

The Gas Price Spike Act, H.R. 3784 (pdf of 11 pgs. - ed), would apply a windfall tax on the sale of oil and gas that ranges from 50 percent to 100 percent on all surplus earnings exceeding “a reasonable profit.” It would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. Unlike other bills setting up advisory boards, the Reasonable Profits Board would not be made up of any nominees from Congress.

And what, exactly, is a reasonable profit?  This.

(4) REASONABLE PROFIT.—The term ‘reasonable profit’ means the amount determined by the Reasonable Profits Board to be a reasonable profit on the sale.

The six unreasonable individuals sponsoring this madness.

Rep. Dennis Kucinich (D-Ohio)
Rep. John Conyers, Jr (D-Michigan)
Rep. Bob Filner (D-California)
Rep. Marcia Fudge (D-Ohio)
Rep. Jim Langevin (D- Rhode Island)
Rep. Lynn Woolsley (D-California)

Via Vanderleun’s Sidelines.

UPDATE: The above unreasonable individuals’ mentor, Hillary Clinton in 2007.

Posted by John Venlet on 02/16 at 02:56 PM
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