Protecting Soros: Obama's Dishonest Oil Price Investigation

If you listen to Obama, it's the speculators and traders who are to blame. The same people who create the liquid market for commodities. He suggests that they've bid up the price of oil and are rigging the markets to force consumers to pay up for something they need. It's a move right out of Hugo Chavez's playbook - blaming the free market for accurately reflecting reality. Chavez has made a very good career for himself by impoverishing the Venezuelan people while simultaneously blaming capitalism. It's a strategy that depends on a high degree of ignorance in the population.

Now that Eric Holder's on the case, we can expect to see traders and money managers paraded in front of the public like so many criminals for, basically, doing their jobs. It'll make for great press, as the MSM focuses like a laser on the greed that they'll say is causing our crisis. They'll help the left wing and Obama portray a frenzied rush for oil, and suggest that speculators are causing a bubble in the price of this rare commodity that the world's running out of. But that'll be a bunch of crap, a message for the morons, if you will, and here's why...

Last year’s dollar was worth $1,00 This year it’s worth 80cents. Tha oil people are not stupid, so they charge $1.20 for it to make up the difference.

That’s pretty simple.

Obama knows it. He caused it. Now he is looking to shift the blame.

They sell us oil purchased with a dollar that is becoming less valuable, They add Corn to it which makes our food more expensive and we have to subsidize the ethanol folks, We get less fuel mileage because of the ethanol, and this dipstick in the White House wants an investigation.

Look in the mirror Hoss. There is the guilty party.

No problem, Gunner. Here it is -

Oil is a global market, and it’s denominated in dollars. What that means is that, whenever anyone, anywhere, buys oil, they are doing so on the basis of its price in dollars. Right now, there’s no shortage of oil. Obama and the left wing are lying about that. In fact, Saudi Arabia’s talking about reducing the amount of oil produced, due to oversupply. Despite what Obama’s administration is saying, there’s definitely no frenzied rush for oil right now. So, why the sudden rise in oil prices?

The dollar. What’s really going on is that the dollar is crashing. Relative to other currencies. Relative to other commodities. And relative to oil. You may have noticed gold is pushing $1500 an ounce, and silver nearing $50, but you don’t pump those in your tank every day. Obama knows that, so he’s going after the lowest common denominator - the price of oil. Like every other dollar-denominated item anywhere in the world right now, including the bread I bought today at the supermarket, and the train ticket I buy every month, the price of oil is rising. More accurately put, the instrument we use to buy oil, gas, bread, gold, silver, and train tickets is going DOWN in value. And that’s because Obama’s monetary policy is devaluing the dollar.

This is no small threat to our national prosperity. Obama, Bernanke, Geithner, and the whole lot of them should be arrested for what they’re doing. The America that watches the mainstream news is about to get really angry at the commodity traders who are getting blamed for the rise in the price of oil, but the real villains are the henchmen carrying out yet another George Soros-led attack on a currency. The differentiating factor between this hit on the American dollar and Soros’ previous attacks on various European currencies is that this time, Soros has the ultimate inside man - Barack Obama.

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