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Originally posted by Escrotumus
It's obvious to me that the 'speculators' are just the big banks et al who are trying to save their butts from their mortgage messes and recover their losses in that sector by driving the cost of oil and food through the roof. All of that low interest money that the FED has been giving out at auctions for the past 6 months; where do you think it has gone??
Originally posted by wolf241e
What a great way of looking at things!! I never thought of that.
I agree with you about the oil, but not about the food. Too many other things dictate the price of food, in my opinion. Transport, manufacturing, marketing and the fact that everyone is on the"ethanol" wagon, growing a top paying cash crop only makes sense.
Originally posted by gottago
Going back to the Op, and avoiding the gas question, I'll just note that according to the old adage that the less the Congress and the gov't in general do, the better, we should be thankful.
This is of course the guiding principle of the founding fathers--set elements of govt against each other, to ensure the maximum of sand in the cogs of governance. Frankly, we should pour the Mojave Desert on Washington.
Originally posted by zerotime
What is the government suppose to do about gas prices or foreclosures?
Government is not mommy and daddy.
Third, remove corporate citizenship from the table. Corporate entities are NOT people and deserve neither the rights nor privileges stated in our founding documents. Corporations should NOT be allowed to create policy, or self regulate on matters of national security, public safety, nor international policy.