[Spridgets] Oil ( no direct LBC )

Bill Gilroy wmgilroy at gmail.com
Tue Jun 24 18:30:09 MDT 2008

Is it rubbish?
Check out http://hsgac.senate.gov/public/_files/052008Masters.pdf
Is this testimony before the US Senate correct, bias, or complete rubbish?
If the laws have been changed to allow more money into the market I smell
another Resolution Trust.  It seems when Wall Street works to make money
when the laws change it bites the US in the butt.


On Mon, Jun 23, 2008 at 9:52 PM, B- Evans <b-evans at earthlink.net> wrote:

> Phil Nase wrote:  "They're reporting the investigation  of investors in oil
> futures and blaming them for the high retail price  of gas.  Also stating
> that if the futures traders activity is  curtailed that the pump price of
> gasoline could be cut in half within  several weeks."
> I am afraid, Phil, that this "speculator" rubbish is just that.  Obama got
> that dumb assed bogeyman started when he needed a strawman to attack;  one
> that made sense to those who don't want to make the effort to look deeper
> at
> the issue of gas prices
> Buster.
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