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Will then go on to form the basis of the pitch, the offer they make to voters at the next General Election. So, the Liberal Democrats are currently the fourth Largest Party in the uk parliament. They have, though, in the past, held the Balance Of Power and that adds i think, an extra interest to what we hear coming from them this weekend. So, what are we likely to hear in terms of policy . Well, were expecting that they will be putting forward new policies on housing, on sewage, in waterways. Thats been a huge issue for them in recent years. But primarily, were expecting to hear an awful lot o...

Apartment building in manhattan, and rent started to go high because of housing shortage, you are saying that the president of the government acting on behalf of we the people who as you say own the land, own america, can walk into your office and say you are going to lower the prices because people are hurting. >> bill: two different things. >> listen, you are making a fundamental mistake. if i buy a piece of land, a home, anything like that, i tone outright. oil companies don't own what they drill outright. they get a permit. they rent it. they get approval from the government to rent it. th...

Speculation costs. that means people driving up the cost of gasoline on paper, all right? now, the oil companies don't have to pass that along to us, charles. they choose to do it. and just like in 1960, when john kennedy confronted the steel companies that were on the verge of bankrupting the united states, i think president obama has got to be proactive here. go ahead. >> let me take your points one at a time. you are making a distinction between you owning an apartment building and the oil companies owns the wells and the land it's on. >> bill: leasing. >> first of all, some of it, they do ...

Speculation costs. that means people driving up the cost of gasoline on paper, all right? now, the oil companies don't have to pass that along to us, charles. they choose to do it. and just like in 1960, when john kennedy confronted the steel companies that were on the verge of bankrupting the united states, i think president obama has got to be proactive here. go ahead. >> let me take your points one at a time. you are making a distinction between you owning an apartment building and the oil companies owns the wells and the land it's on. >> bill: leasing. >> first of all, some of it, they do ...

Insult to injury. give them a subsidy. come on. that's a no-brainer. if we can't do away with that by next tuesday at midnight when we go back in session, i think the republicans are -- silly. >> deep trouble. people are starting to get really mad about it giving away our money is crazy. let's talk about that speculation. congressman brings up a good point here. we know drilling at host creates a three cent difference. that might or might not happen within a year from today. but some say speculation costs as much as 70 cents a gallon. is that really true? is that part of what's driving up the ...