View Single Post
  #11 (permalink)  
Old 06-01-2008
Luap's Avatar
Luap Luap is offline
Secretary of Defense
NBA Champs 2008

 
Member Since: May 2006
Location: The world
Posts: 2,297

Earth    
Re: House passes bill to sue OPEC over oil prices

This is a little more informative: [U.S. House Passes Legislation To Sue OPEC Over Oil Price Fixing] and [GovTrack: H.R. 6074: Text of Legislation].

I don't know the chances of this succeeding, since the Senate must pass it and has a little more experience in foreign policy matters. If the Senate passes it or comes to a similar compromise, then this looks like it could be pretty big, since a Presidential veto could be overriden. It would amend parts of the concept of "sovereign immunity" in US Code, essentially allowing the established DOJ Task Force to sue a foreign government that is violating the text of the Act.

Quote:
Originally Posted by underboss
OK - let's say the DOJ wins, what next?

The US invades Saudi Arabia, Iran and Venezuela?
I'm not sure what the consequences would be, but it could include seizing assets, imposing sanctions, etc. Still, whatever measures were taken to enforce a court decision, OPEC could retaliate.

Quote:
Originally Posted by AkDiesel
The Dems did say that they where going to shake things up.... and finally they are by leading the charge to the court house with a law suit......

There is only one group that is truely going to like this idea.....
Whatever group you're thinking, it includes 103 Republicans.
__________________
No man is an island...
Each man's death diminishes me,
Because I am involved in Mankind.
And therefore, never send to know
For whom the bell tolls;
It tolls for thee.

—John Donne
Reply With Quote