Posted on 04/17/2012 11:40:11 AM PDT by Nachum
WASHINGTON—President Barack Obama on Tuesday called for increasing penalties on oil speculators and boosting oversight of U.S. energy as part of a plan to crack down on an "irresponsible few" who he says rig oil markets.
"Rising gas prices means a rough ride for a lot of families," President Obama said from the White House Rose Garden. "We can't afford a situation where speculators artificially manipulate markets by buying up oil, creating the perception of a shortage and driving prices higher, only to flip the oil for a quick profit."
(Excerpt) Read more at online.wsj.com ...
The list, Ping
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Did I mention that I hate capitalism, especially when markets price in how much I hate capitalism?
... and the show of burrying America must go on... idiots
Well, that’s it. American traders should be very afraid and stop buying oil. That will fix the problem. Besides, Asia needs more oil every year for manufacturing, transportation and hundreds of millions of new drivers.
“It’s 3 o’clock in the morning. The White House phone rings. It’s OPEC. They want to know if President Obama has Prince Albert in a can.” Then they fart.....
Heil, Hussein!
LOL! Well said.
And our “conservative” House says and does...
NOTHING!
...as usual.
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