.


When, oh when will a hotshot legal beagle or politician finally
get some real balls with a monopoly-antitrust investigation or consumer
protection legislation to regulate our current robber barons, big oil and OPEC?
Over 100 years ago, the United States had to break up monopolies in different
industries and impose various business regulations.
When oil companies are making obscene profits, then everyone knows something
is very wrong. The public shouldn't be the only one crying foul. It's time to
tell Congress, the federal Justice Department, and state Attorney Generals to do
something now!
Is it a monopoly, collusion or a violation of some old law? We won't know
unless someone really investigates these companies.
Record obscene profits mean Joe-Q-Public is getting ripped off.
It doesn't help that OPEC is holding the world by the balls by limiting oil
production when the world is crying out for more. Iraq, Saudi Arabia and Kuwait
ought to be paying us in oil for providing security to the Middle East.
Someone in the administration or Congress needs to remind OPEC that if they
screw with our economy, then we can withhold our military and other aid. Just
send all those Arab college students home.
Even if the oil company executives aren't in collusion, it is sure time to
regulate this vital public industry. America regulates utilities such as gas,
water and telephone companies and services such as the broadcast airwaves,
airlines and health care.
So why not limit excessive executive salaries and perks plus obscene profits
if they exceed boundaries like the state's usury limit?
Outrageous, sky high salaries and perks for the top dogs wouldn't be so bad if
the executives shared the wealth with lot higher salaries and perks for the
grunts who do the actual work. Or actually invested profits in developing more
refining and production capacity.
If you agree, write this fine newspaper, call or write your state or federal
legislator, or tell your local politician or business leader. Let's see some
action before gas hits $5 a gallon!
KW
Jacksonville, Ark.






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