JayQ

Oil Futures: Money for the Taking?

Munim, the reason why that would not work with a stock, is because with a stock you would be selling an option not a contract. The buyer would have the option to buy, but would not be obligated to do so.

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

We need to put this into perspective; there's a lot of chatter about executive compensation being too high, and in general I wouldn't disagree with that statment. However, in GM's case total executive compensation was less the $50 million, and GM lost more than $43 Billion last year. Exec Comp is a drop in the bucket.

GM has too many problems to name, not the least of which is grossly overpaid factory workers. The real avg is around $100k plus bennys. That is a rediculous amount for a person working in a factory production line. The truth is that the unions have caused the Big Three to be uncompetitive in the global marketplace. We need to let the these companies fail!!! They can restructure and start over paying a MARKET wage of approx $40k plus benefits.

World Oil Supplies Declining Faster Than Expected - IEA

Fred, I was against the war in Iraq from the beggining, but if you think that an extra $10 billion per month is going to fund Barack Hussein Obama's socialist agenda your nuts!