The “hot money” going into oil & food commodities is coming from Ben “Mr. Potter” Bernanke’s Quantitative Easing 2 (QE2).
Why not post it here?
Arrest Soros and Obama.
Obama’s oil investigation is nothing more than a head fake. It will just be incorporated into his re-election campaign.
Well if it needs a High degree of Ignorance to suceed then we are Done.
While they’re at it, maybe they should investigate why the U.S. dollar is in a freefall. Must be evil speculators, right? Nothing to do with the quantitative easing and the largest government fiscal deficit in history.
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.
Speculators to blame? Obama has supporters right here at FR for that one. See them all the time.
The SS must arrest Obama and lock up ‘till the treason trial is over.