Oil Price Manipulation
http://www.msnbc.msn.com/id/36107405/ns/business-oil_and_energy/
This has been going on for 10 years. It is still happening. Bush did nothing about it and Obama is also doing nothing about it. Shocking I know.
Demand down 13%. Prices up 50%. That is not how a free market is suppose to work. Regulations are in order (and years overdue).
Will it happen? Of course not!
"Wall Street has been urging investors to snap up oil for several reasons. The huge flood of money into the financial system since the September 2008"
That huge flood of money is taxpayer bailout money which is being used to screw the taxpayer on oil prices. Could that be anymore wrong........
This has been going on for 10 years. It is still happening. Bush did nothing about it and Obama is also doing nothing about it. Shocking I know.
Demand down 13%. Prices up 50%. That is not how a free market is suppose to work. Regulations are in order (and years overdue).
Will it happen? Of course not!
"Wall Street has been urging investors to snap up oil for several reasons. The huge flood of money into the financial system since the September 2008"
That huge flood of money is taxpayer bailout money which is being used to screw the taxpayer on oil prices. Could that be anymore wrong........
posted by res17 at
March 31, 2010
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