Forum Discussion
Bumpyroad
Mar 14, 2013Explorer
cekkk wrote:Greydog 1 wrote:
CEO's of major 3 oil distributors had a hearing with U.S. Senate at the request of some senator. It was noted during that session that all 3 CEO's sat in their chairs, looked at the Senator and Reps with laughing eyes and smiles and answered all the questions laughingly. Just to please the Senators, then went back to their offices in their corporate jets and continued to raise prices . That was a few years back now. Any changes, are price related only. Speculators feasted well too.
Were that it were so. As one whose job entailed working at hundreds of US House and Senate committee hearings over three decades, I can promise you that, BS-loaded as they usually are, no one responds with laughing eyes and and answers. You don't make light of those who can give you things you are looking for, take stuff away, or just generally make your life miserable.
The chairmen usually invite either witnesses who hold their views, or ones that they can beat up. It's a useless, expensive process 99% of the time.
speaking of corporate jets, I remember when the big 3 for autos were called into DC on the carpet. the first time the govt. fussed that they took the corporate jets and not commercial. on the second trip, they all flew commercial and had the data to show that that cost more than if they had taken their own jet. :s
bumpy
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