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Wmd futures reached almost $143 per barrel on Friday. Is this the start of peak wmd?

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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 04:30 PM
Original message
Wmd futures reached almost $143 per barrel on Friday. Is this the start of peak wmd?
Discuss.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 04:53 PM
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1. Excellant way to frame the reality of the situation.
:thumbsup:
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 05:26 PM
Response to Reply #1
3. Well, it occurred to me that GWB was misunderstood.
He spoke of the existence of wmd in Iraq so perhaps when he says "wmd" he means "oil."
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 05:02 PM
Response to Original message
2. Not at all, financial WMDs have been around for centuries and as long as
....the Big Central Banks and the Federal Reserve are around we will go right on "getting it up the ass" on the PT Barnum basis that a sucker is born every day.

http://www.wilmott.com/blogs/satyajitdas/index.cfm/2006/5/24/Fear-and-Loathing--WMD-or-What-are-Derivatives

http://www-personal.umich.edu/~kathrynd/FinancialWMD.Jan04.pdf
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conspirator Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 06:02 PM
Response to Reply #2
4. PT Barnum never said "a sucker is born every minute". Do your research nt
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 08:00 PM
Response to Reply #4
5. Someone said it, maybe you did
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-28-08 08:04 PM
Response to Reply #4
6. Actually he did say that, so do your own research
<snip>

“There's a sucker born every minute”
-- P.T. Barnum quote
American circus Entertainer, He created The Greatest Show on Earth (1871). 1810


http://thinkexist.com/quotes/p.t._barnum/


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