Thank you, Mr. President. I thank my colleague for initiation of this bill. It will protect the American taxpayers and say to big oil: You did it, you pay for it; that is the way it goes. I was lucky. I had two lifetime experiences that have stayed with me. One was growing up in a blue-collar family where we worried almost daily about how we would pay our bills. My father was sick for 13 months before he died at age 43 and we owed everybody--the pharmacist, the hospitals, the doctors. No insurance. No protection for the average person. Then I was fortunate enough to be able to be engaged in a business with two other fellows who had success beyond our wildest dreams. The company we started with nothing now has 46,000 employees in 26 countries, headquartered in New Jersey, of course. I learned something in those experiences. I learned that if you fouled up, you were responsible for cleaning up, as mentioned by Senator Menendez. The American people want those responsible for doing dirt to clean up that mess, just as families do in their own lives. But the oil executives and their lobbyists don't see things that way. They want to continue gouging the public whom they have by the tank and by the throat. They want to continue to accrue billion dollar profit gains year after year and leave the American family, the average American family, stretching daily to pay their bills. Look at this.…
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