Showing posts with label Speculators. Show all posts
Showing posts with label Speculators. Show all posts

Sunday, September 18, 2011

What Wall Street doesn’t want us to know about oil prices

What Wall Street doesn’t want us to know about oil prices: "The top six financial institutions in this country own assets equal to more than 60 percent of our gross domestic product and possess enormous economic and political power. One of the great questions of our time is whether the American people, through Congress, will control the greed, recklessness and illegal behavior on Wall Street, or whether Wall Street will continue to wreak havoc on our economy and the lives of working families.

I represent Vermont, a rural state where many workers drive long distances to jobs that pay $12 an hour or less. Many seniors living on fixed incomes heat their homes with oil during our cold winters. These people have asked me to do all that I can to lower outrageously high gasoline and heating-oil prices. I intend to do just that...."

Monday, May 9, 2011

9 In 10 Americans Blame Wall Street And Big Oil For Spiking Gas Prices

9 In 10 Americans Blame Wall Street And Big Oil For Spiking Gas Prices - Think Progress

I'm glad that a lot of Americans know who to blame for the high gas prices. Now if we could just get someone to do something about it, that would be pretty awesome.

Friday, April 22, 2011

Our Inflation vs Uncle Sam's

Why your inflation rate is different than Uncle Sam's - MSNBC

I really hope that Obama is able to get the speculation on Wall Street undercontrol because that would really help a lot of people when it comes to inflation. Especially the poor and the elderly. Also, with prices going up, high unemployment, assistance programs getting cut, police unions getting crippled and many states it a financial pinch it wouldn't surprise me if crime rates started to go up. I really think people are going to start feeling desparate.

I had heard on the radio this morning that Obama knows the people are hurting because of gas prices and they started looking into it. They haven't seen any illegal activity but then again unless they start including speculation they won't.