Mr. Obama chooses for you.
Never mind the fact you have a nutbar in Iran building a nuke.
Never mind the fact you have US troops in Iraq and Afghanistan.
Never mind the fact you declined the Keystone pipeline.
Never mind the fact you banned drilling in the Gulf.
Never mind the fact you ban drilling in parts of Alaska.
Never mind the fact you have printed hundreds of billions of U.S. dollars.
Never mind the fact nat gas is so cheap they can't give it away.
Never mind the fact Boone Pickens gave you a plan to actually use nat gas.
Never mind the fact China and India are gobbling up oil at a ferocious rate.
Never mind the fact that the peak oil preachers tell us we're out.
Never mind the fact that oil traders don't need you or your country.
No, no, no, never mind all of that, it's the speculators fault that crude oil is so high.
It's like having a four year old child running your country.
Oh I'm sorry Mr Obama, from now on I will only short oil, unless you give me permission to go long.
Free To Choose 1980 Vol. 2 - The Tyranny of Control from Free To Choose Network on Vimeo.
3 comments:
You oil traders are more than welcome to come over to the S&P 500 and Dow and "run prices up through the roof for your own personal gain". In fact, millions of Americans with 401-k's would love you for it.
Yes, or the grain markets???
Oh you can't bash the fact farmers are getting rich by blaming speculators for high grain prices now can you??
No that would not be politically prudent.
What about gold???
Everyone is speculating that gold is going up. They better investigate that too.
Except they might discover that gold is being used to hedge against the hyper inflation that is coming from printing money.
Sorry not printing money, "quantitative easing", ohhhhhh that sounds so much better.
LMAO @ YM-Traders comment. I'm long a DIA Jun Call option if any of you oil speculators are interested in running up the price.
It's easy to confuse US politics with reality of being POTUS, regardless if they are Democrat or Republican.
When Bush was president, he and Cheney were blamed for profiting from high oil prices, now that it's Obama, he's blamed for trying to promote "alternative energy
http://checksandbalancesproject.org/2011/10/14/more-drilling-happening-under-obama-than-last-three-administrations/
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