lookit

The Proposal to Limit Commodity Positions Will Hurt Free Markets and Economic Growth

hey, Zach - aren't you making a good six figures working in that murky speculative world you're now saying the government shouldn't regulate? Real people (i.e. consumers) are FED UP with artificially high oil prices due to rampant speculation. Your gravy train is about to come to a screeching halt, and I think you know where you can stick your commodity trading profits...

Is Excessive Speculation in Oil and Commodities Markets Actually Occurring?

more BS from the pro-oil lobby. in the current recession (am sure the writer would argue there IS no recession) demand is down, supply is up - but prices are going up. Why? Because SPECULATORS "think" the economy will improve and demand will go up. Didn't we learn anything from the artificial manipulation of energy by that other stellar Houston brand Enron? Trading in oil and other commodities we all need to survive should be BANNED. Period. OR trading should be taxed to the point that profits are miniscule. The industry can not and WILL not police itself.

Oil Price Implications of a Strike on Iran

BTW, we are all forgetting some recent history - in 2003 the previous Iranian administration reached out to the Bush Admin via the Swiss embassy wanting to open up a dialogue with the US about a host of issues - including their nuclear program. The response? The Bushies told the Swiss to "mind their own business". Our policy of refusing to deal with a country because we don't "like" them reminds one of a petulant child. Whether we like it or not, Iran IS a regional power (and the situation in Iraq has only made them stronger). Our military is stretched to the limit - recruiting standards have been lowered, those in active service are worn out - some on their 3rd and 4th tours. 45 year-old National Guardsmen who signed up for "two weeks a year" are watching their mortgages and marriages go down the drain as they serve in Iraq. The administration can't be contemplating opening up a THIRD front. (And hey - whatever happened to Osama bin Laden anyway? weren't we supposed to get him?!)

Oil Price Implications of a Strike on Iran

Attacking Iran would be yet another crowning mistake for the Bush administration. The American people do NOT want another "preemptive" war and if consumers are enjoying $4.50 a gallon gas, they'd love the dividend of an attack on Iran - $10 a gallon gas or more, not to mention driving even more Middle Eastern youth into the open arms of Al Quaeda. What is Dick Cheney smoking? Didn't the the (entirely avoidable) nightmare of Iraq teach him/them ANYTHING? I am starting to believe the religious right has prevailed upon this administration to bring about their longed-for "End of Days".