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William Place
9 Comments
Incorrect Media Speculation About Those Oil Speculators [view article]
Require all energy trading to be cash settled at the end of the trading day. No margin trading, if you buy 100 contracts you pay the price of them at that time. If you can not take physical delivery you can not buy the contracts or the products. This should apply to all derivatives trading! If you want to gamble go to Vegas or Jersey, I think the consumer has had enough of the parasitic drain of speculators taking a cut of all the money spent on energy! I believe another solution would be to allow oil consumers to purchase speculator futures, I myself would bet that the amount of speculators would decrease especially if hunting permits to thin the herd out would be available. I would be willing to pay a significant sum for permits such as these! Sep 01 08:07 PMA Reprieve for Hedge Funds - But Challenges Remain [view article]
All hedge funds should be OUTLAWED! They are just another instrument to siphon off more money from the working class to transfer to the wealthy. I pray all of the parasites involved with them take a dive to the sidewalk from a thirty story window! Apr 26 11:22 PMCommodity Forecasters See Prices Declining [view article]
Eliminate the speculators and eliminate the high prices. Legislate or regulate them out of business or simply liquidate them as the how matters not to me, only the result, LOWER prices! Apr 08 10:39 PMWhy Commodities Are Likely to Struggle in 2008 [view article]
Outlaw or ban speculative trading in all fuel products, if you cannot take delivery of it you cannot speculate on it. Stop all margin trades and percentage purchases. If you buy 1000 bbl of oil or gasoline you must settle the full price before close of business of that day and take delivery. Lastly, just liquidate all of the speculating parasitic hedonists that are financially destroying the world wide working class and feed their bodies to the swine for dinner. Any or all of these solutions are perfectly acceptable to me, however we need to get it implemented NOW! Apr 07 12:38 AMOutlook for Oil: 2008 Thus Far and a Preview of Coming Attractions [view article]
It is a stinking shame that the 911 terrorists did not target the new york stock exchange and the new york mercantile exchange instead of the world trade center. If they had destroyed those dens of thieves there would be a Mohammad Atta street in every community in America. Our only hope is that the Iranians develop nuclear weapons quickly and use them on wall street. The real terrorists that threaten the american way of life are financial terrorists and they are right here in the US. Only with these parasitic leaches DEAD will the middle class have a chance of getting though this mess intact! Mar 07 11:34 PMThe Next Credit Crisis Will Originate in China [view article]
When the Wall street bankers are selling apples on fifth avenue and the analysts are sweeping the streets do you suppose the out of business American middle class will still be buying Chinese poison products? Not likely. The economic meltdown will be swift and planetary, it has happened before and is in process again as we discuss the minutia of the possibilities of financial redemption. We are in serious trouble, folks, and we need some new ideas posthaste! Jan 04 09:36 PMPedaling Prosperity Propaganda: Rhetoric of Depression? [view article]
Actually duck tape is correct also (duckproducts.com/). However during the coming depression we will not be able to afford any tape regardless of the name! Jan 03 06:33 PMCould China Crash the US Dollar on a Whim? [view article]
America has systematically exported all of the manufacturing that produces potentially hazardous wastes or might cause injury to workers health. The only way real wealth is created is by converting raw materials into products. In doing so it has also exported all of the jobs that can be performed by unskilled or semi skilled labor. Unfortunately not everyone has the potential to be a skilled or professional worker. Therefore we are continuing to march toward a situation where we have wealthy persons and peasants. It is interesting that China is elevating it's peasants to middle class status and the United States is lowering it's middle class to peasantry.It is time for another tea party! Oct 25 08:38 PM
Energy Stock Trader: Friday Outlook [view article]
You hedonistic parasite speculators have just about killed off the American working class. I can only hope that all of you bastards end up selling apples on a street corner! Sep 21 09:19 PM