Evolution of Dispossession

Evolution of Dispossession
How to Steal a Country?

Monday, August 03, 2009

Oil Speculators

When oil demand was static and production was static, Americans saw a rise in gas at the pump from $1.75 to about $4.50 per gallon, and analysts later pointed the finger at oil speculators who drive the price of oil upwards from $30 / barrel to $156 / barrel and racked in the profits when contracting demand normalized the prices.

But the company that is to pay out this speculator's bonus is a company that received $45 BILLION in US tax dollars in bailout money, the obvious questions to ask are :

1. Should Americans subsidize individuals' profits at their own personal expense?

2. What does this example illustrate about the integrity of our markets when unscrupulous traders can drive prices up on artificial scares and reap the windfall when people understand that the market dynamics have been usurped?

This dude ought to be tied to an 18-wheeler and dragged all around this country for people to behold !!!!!!!

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