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With gasoline hovering around $4/gallon, the President this morning is expected to announce...
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Tuesday, April 17, 2012, 8:09 AM ETWith gasoline hovering around $4/gallon, the President this morning is expected to announce proposals to crack down on higher oil prices, including increased penalties for market manipulation and allowing for an increase in margin requirements. Wouldn't phone calls to the FOMC, BoE, and the ECB be easier? WTI crude +0.8% to $104.22.
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Desperation..desperati...
Desperation..
Desperation..
Desperation..
Mr. Monk..
Mr. Monk..
This is not yet desperation. This is just the first act. Another release from the strategic petroleum reserve would be the second act.
The third act is for show trials to punish "wreckers."
How many times do we have to repeat history?
Bernanke is the one to blame for the increased "Speculation" Obummer like to talk ignorance on!
The debasement of the U.S. dollar through constant QE and the monetizing of our debt (Something Bernanke swore in front of congress he would NEVER do), doesn't that make him guilty of perjury?
Nahhh,
I suppose when you have Eric Holder Perjure himself more than once, and Jon Corzine also LIE to congress, what the hell, I guess Bernanke and his single perjure gets a free pass?
NOT!
This is the problem we face today!
No respect for the rule of law from the top on down!
Lord have mercy on our country!