nogooder asked:


Seculators on wall street are driving up prices on oil and other consumer goods. Why isn’t the government intervening, oil exporting countries say there is no shortage. They have even started pumpimg more oil.

ALI
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Comments

coho51 on 15 June, 2009 at 10:02 pm #

CORNELIUS

Speculators crave disaster. In some cases they invent non existing disaster. There is not much the government can or should do. It will take its course, and the speculators will have their backsides handed to them. Look at the current situation with regard to real estate. Look at the dot com rupture. Look at 1929. History will repeat itself. Those who are saying it will not want the oil prices to remain artificially high. Who benefits? Democrats and speculators benefit.


Al on 15 June, 2009 at 10:42 pm #

ALFONSO

The worldbank and IMF are pulling the strings in the financial markets, thats why the small investor has no voice, and the Government answers too the Worldbank and IMF, and if you dont agree with that, here’s the proof..
The only way to hurt oil prices…. is simply to quit buying gas…. easier said than done, and its likely to hurt our economy if we quit traveling… talk about a rock and hard place….. this is all about globalization in the end.


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