ThePoliticalCat

A Blog devoted to progressive politics, environmental issues, LGBT issues, social justice, workers' rights, womens' rights, and, most importantly, Cats.

Saturday, May 26, 2007

Politics - Whose Side Did You Think They Were On?


'Tain't ours, that's fersure.

By William L. Watts

WASHINGTON (Dow Jones) -- President Bush is likely to veto legislation that would create hefty fines and criminal penalties for gasoline price-gouging, the White House said Wednesday.

The threat came as the House prepared to vote on a Democratic plan aimed at battling rising gasoline prices by requiring the Federal Trade Commission to define "price gouging." The bill would create fines and criminal penalties, including jail time, for industry executives found guilty of gouging.
So Georgie doesn't think his buddies in the oil industry should be fined or jailed for ripping consumers off? I guess I'm not so much surprised as disgusted. Bear in mind that the oil companies are not being penalized for making a profit, but for illegal acts.

More here, from The Raw Story.

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You Think They Were On?"> Stumble It!

1 Comments:

At 5:50 PM, Blogger McBlogget said...

What's really shameful here is not the gouging legislation but that there's not even a discussion of raising the gas tax to a reasonable level.

 

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