autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 07:47 PM
Original message |
Libya, Gas Prices, and the Big Payday at Your Expense |
|
Libya, Gas Prices, and the Big Payday at Your Expense
Image
We have the usual suspects looking for hot money. The fast-money types, as Moenning calls them, smell another victory in the air. Their market activity is driving prices in a self-reinforcing cycle of increases that are highly profitable when you get in and out at the right time (and if you pull the strings for the market, that's easy).
Everyone who benefits will raise prices because they can.
They have no concept of enough and there is nobody standing in their way.
Link: http://agonist.org/michael_collins/20110307/libya_gas_prices_and_the_big_payday_at_your_expense
|
formercia
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 08:05 PM
Response to Original message |
1. Flipping the Oil among themselves to drive up prices. |
|
Libya only supplies a couple of percent of production. These assholes need to go to prison.
|
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 08:06 PM
Response to Reply #1 |
2. They need to do some serious time |
|
After all the bailouts and other socialist programs for the ultra rich, they're still pulling this crap. Time for some serious prosecutions. If not now, then later but definitely some time soon.
|
joshcryer
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 11:50 PM
Response to Reply #1 |
13. My thoughts exactly, they're criminals, full stop. |
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Mar-09-11 12:22 AM
Response to Reply #13 |
Kennah
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 08:08 PM
Response to Original message |
3. Higher oil prices will make it too expensive to build cheap shit in China ... |
|
... so I expect "Made in Mexico" labels to replace "Made in China" labels.
|
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 08:09 PM
Response to Reply #3 |
|
Globalized trade=Unilateral disarmament
|
Agony
(865 posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 09:12 PM
Response to Original message |
|
Will BHO pull a JFK? Wouldn't that be something.
|
Me.
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 09:22 PM
Response to Original message |
6. To Every Thing There Is A Season |
|
And then there is an end. The rude pundit had a column today where he said if he was one of the rich ones he'd have a meeting with the others and tell them to cool it. There's something in the air and I bet there is a change of season coming.
|
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 10:08 PM
Response to Reply #6 |
8. I never thought I'd say this |
|
...but the Rude Pundit is an optimist if he thinks that could happen (besides Buffett and Gates have done this already on inheritance tax, to no avail). Not for long, based on his excellent grasp of our current reality.
|
Me.
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 11:43 PM
Response to Reply #8 |
11. He Doesn't Think It Will But Should |
|
if the richies were smart and looking after their own best interests because what is going to happen is that the so called 'barbarians' are going to storm the gate.
|
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 01:35 PM
Response to Reply #11 |
|
In either case, they're not behaving with any thought about the future and they're not capable of doing so based on their own self-deluded theories, j'espere.
|
stevedeshazer
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 09:28 PM
Response to Original message |
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 10:09 PM
Response to Reply #7 |
|
They're picking every apple in the orchard and going back to double check.
|
mod mom
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 11:05 PM
Response to Original message |
10. Slowing down the growth during a Democratic presidency while raking in the dough. |
|
Killing 2 birds w one stone. rec'd :hi:
|
formercia
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 10:42 AM
Response to Reply #10 |
16. Drive another stake into the heart of the Economy. |
|
...and when things really go bust, they will buy up all of the scraps of any value to cinch the deal.
|
Imagevision
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-07-11 11:45 PM
Response to Original message |
12. Gas price hikes purely on speculation - wait till the hurricane season hits Florida! |
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 01:36 PM
Response to Reply #12 |
19. That's a scary vsion! |
leftstreet
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 12:00 AM
Response to Original message |
14. "Have you heard of any congressional investigation?" LOL - good one! |
autorank
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 01:41 PM
Response to Reply #14 |
20. As I recall, way back, they used to do that |
|
But that's probably just a conspiracy theory or something...
|
FogerRox
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 04:03 AM
Response to Original message |
15. Crude futures for June delivery $200, today oil is $106. Is that speculation? |
Imagevision
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Mar-08-11 10:49 AM
Response to Reply #15 |
17. Absolutely! > Options traders are betting more than ever... |
|
that crude oil is heading to $200 a barrel as some websites call for a “Day of Rage” in Saudi Arabia and anti- government protests spread in the Middle East and North Africa.
|
DU
AdBot (1000+ posts) |
Fri May 10th 2024, 03:46 AM
Response to Original message |