Author Topic: Clinton: OPEC 'can no longer be a cartel',She threatens to break up OPEC  (Read 2694 times)

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Offline megimoo

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"Now she has lost it ,Just how does she propose to do that ?"

Clinton's attacks on oil prices as artificially inflated, Enron-style, keep escalating, and today she appeared to threaten to break up the Organization of Petroleum Exporting Countries.

"We’re going to go right at OPEC," she said. "They can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil they’re going to produce and what price they’re going to put it at," she told a crod at a firehouse in Merrillville, IN.

"That’s not a market. That’s a monopoly," she said, saying she'd use anti-trust law and the World Trade Organization to take on OPEC.

Clinton has cast herself as a warrior for working people against the oil industry and malicious "speculators," and made that -- along with her push for a gas tax holiday -- central to her closing message in Indiana.

It's a potent message, like the attack on "Wall Street money brokers," with deep roots in American politics. It' It's also very hard to figure out what exactly she means by the threat to break OPEC.

http://www.politico.com/blogs/bensmith/0508/Clinton_OPEC_can_no_longer_be_a_cartel.html
« Last Edit: May 05, 2008, 09:49:22 PM by megimoo »

Offline Wretched Excess

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drill for oil in ANWR.  that would be a good first step.

Offline Lord Undies

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She's gonna use some "international woopass" on OPEC??   :lmao:

Hey, Sir Hillary!  The best way to control OPEC is by making them irrelevant.  Drill Drill Drill, you ignorant slut!

Offline Chris_

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Hey, Sir Hillary!  The best way to control OPEC is by making them irrelevant.  Drill Drill Drill, you ignorant slut!

Heard from bill clinton while he was hunched over with his ass in the air on their wedding day.
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Offline Wretched Excess

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Hey, Sir Hillary!  The best way to control OPEC is by making them irrelevant.  Drill Drill Drill, you ignorant slut!

Heard from bill clinton while he was hunched over with his ass in the air on their wedding day.

hillary wouldn't have heard it.  she wouldn't have been in the same room when that was happening.

Offline Baruch Menachem

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I tried hitting your plus button twice in a row over that one undies.  The system wouldn't let me.

Just what army is she going to use to break up OPEC, and how will she do it,  and how would they respond? 

Most of them have enough money already. 

She is supposed to be smart?
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Offline rich_t

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She really is a moonbat ain't she?
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Offline JohnnyReb

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She really is a moonbat ain't she?

Yeah, but that's not a problem when you're speaking to other moonbats.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline DumbAss Tanker

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I call that large talk for someone who can't even keep her own husband in line.
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Offline JohnnyReb

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So, what does she plan to do, start a "War for Oil"? :whatever:
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline DixieBelle

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BWAHAHAHAHA!!!!!!!!!! Okay, now let me clean my monitor and keyboard. I just spit coffee everywhere.

Okay, I'm no financial wizard but, isn't the price of oil tied to the dollar? And wouldn't the Fed slashing interest rates have some effect?
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