(misprision of a felony) in the US Congress
are not indicted by grand juries this afternoon,
then "no one cares".
They all belong in prison for destroying America
with their bribe-bought smiles.
Posted on 04/25/2011 4:17:14 AM PDT by radioone
What this country needs
Is some Soviet-style show trials...
That will set things right.
It is only a matter of time before they put faces on these speculators... And I think we all know what group they are going to scapegoat. Plus ça change...
Here’s a question: What’s the difference between speculators and commodity traders?
It’s not just gas prices that are going up. Check the corn market, it’s been rising astronomically due to the demand for ethanol. Why aren’t grain traders referred to as “speculators”?
“Speculators” now has a strong negative connotation, it helps deflect blame.
You are because you let the administrati create a bogeyman called “speculators” to be your antihero. And you bought it hook, line and sinker, tools.
1. Drilling "Permitorium" in the Gulf of Mexico. US Offshore Production down 13%
2. Ban on drilling in proven oil fields in Alaska, West Coast Offshore, etc
3. High excise taxes (Gas at the pump)
4. Refinery shortages
5. Boutique fuels
6. Ethanol requirements
7. Restrictions on coal leading to substitution for power generation
8. Increased demand in China, India and Brazil
9. Continued instability in Libya
10. Seasonal demand spike
11. Debased US currency
12. "Protection" money extorted from BP
13. High US corporate taxes discouraging domestic production
Items 1, 2, 3, 4, 5, 6, 7, 9, 11, 12, and 13 are the direct result of US government policies championed by the Obama administration.
Items 8 and 10 were predictable as the sunrise and could have been planned for, but were not.
But it is the speculators who are doing this, don'tcha know...
Time magazine, Monday, Apr. 30, 1928:
As a historical note, the Soviet Party took all the grain from the Ukraine, resulting in a famine which killed millions of Ukrainian peasants. The party didn't care. They eliminated millions of opponents, cowed the survivors, kept "their people" fed, and sold the excess grain to get money to cover their deficits.RUSSIA: Stalin Speaks
[...]Grain Hoarding. Secondly M. Stalin announced that unrelenting pressure would be maintained upon the Peasant Squires or "Fists" who hoarded their grain during the last three months of 1927 and finally produced something very like an artificial famine (TIME, Feb. 27).
"These Kulak speculators," rasped M. Stalin, "shall be prevented from ever again attempting to starve the Red Army and the urban Proletariat."
As everyone knows, the recent "speculators' famine" was broken by sending through the provinces bands of strong-arm grain collectors who literally forced the peasants to sell their hoarded grain at the fixed prices offered by the State.
Do not be fooled by what's coming.
Excellent post.
14) Not a single new refinery built in the USA since the mid 70s. Some have been expanded, but there are so many regulations regarding different "blends" due to localities that it's very expensive to manufacture "boutique type" blends.
Yabut...it didn't...did it.
14) Not a single new refinery built in the USA since the mid 70s. Some have been expanded, but there are so many regulations regarding different "blends" due to localities that it's very expensive to manufacture "boutique type" blends.
Opps forgot the punch line.
If we eliminated ethanol, built two new modern refineries, eliminated all local and state regulations for blending gasoline and had a standard 87, 89, and 93 octane that could be shipped anywhere in the USA, gasoline costs would be cut in half, the price at the pump would still vary, but from a much lower starting point.
That's something where the federal government can and should use its power to regulate interstate commerce.
Sugar, Corn , Coffee, Wheat, Solver, Gold ( see Weiner on not investing at gold at 800.00 an ounce to get Glenn Beck) Wow almost would have doubled your money.
You gotta hand it to the Soviets. They had that propaganda stuff dialed in...
The main reason we need to support domestic oil production is so we’ll have enough supply to lubricate the money printing presses.
(IOW hyperinflation)
Try $12 a gal
http://www.youtube.com/watch?v=8D_IL3Vwbqg&feature=share
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