speculators

John Stossel has written an excellent column that ends with the statement “It would be nice if McCain would finally learn some economics.”
Stossel points out several statements John McCain has made against oil companies who, gasp, make profits, and also speculators, the new “bad guy” on the block.
John McCain served his country in Vietnam, and [...]

I figure half the price of oil is due to the Iraq War and another half is due to speculators. I know that sounds funny but look at it like this...

Oil was on a downward trend for the year 2000, going from almost $40 a barrel to $20. Then Republicans took over. By May of this year it was around $120 (and all this is adjusted for inflation) and we have seen it go higher still after that. For

A comment from yesterday's post pointed out a column by one Phil Valentine in The Tennessean and Phil says there is only one reason oil prices and oil drilling are a problem today: Democrats.

Phil Valentine echoed his fellow members of the VRWC yesterday in his Tennessean column in which he blamed those damned environmental whackos for the high price of oil.

One of the best campaign ads for the dems would be the current joblessness, the trouble with manipulative speculators, and the weak dollar.

Gee whiz, I just asked a couple of days ago if the Democrats would move towards nationalizing the oil industry.  Some of you may have thought I was being over the top—a little juiced up on rhetoric.

Sadcox discusses who is to blame for the “oil crisis”:

Maria Bartiromo was my big crush at the turn of the century.  My daily schedule was to get up really early to work out, take a nap, and then get up to wat