Now this gentleman says it's all about the dollar. Of course, he belongs to the financial industry, so even if his focus on the shredded dollar makes sense, it does not follow that speculators and big oil companies are merely innocent scapegoats, aye - practically lambs 'being trotted out' - helpless I tell you. Please. They certainly do use the current situation to fatten their own wallets. Everything is interrelated. The complexity of the situation gives all sorts of cover stories to people who want to make a killing. They just keep pointing the finger somewhere else. Everything seems plausible, and therefore Joe Sixpack stays confused until all his money has been vacuumed up. This guy wants you to invest with him. Fine, at least he makes it clear, but let's not pretend that he is truly unbiased. - Ed.It is unfortunate that the Supreme Court, in its ruling this week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline.
In their search for explanations as to why oil has surged past $130 per barrel, Washington, Wall Street, and the financial media are as clueless as cavemen after a freak summer snow storm. Despite the head scratching, the blame game is nevertheless in full force. Speculators and big oil companies are being trotted out as scapegoats, and increased margin requirements and taxes on windfall profits and futures trading have been mentioned as appropriate sanctions. It should be clear that this is pure farce, and that no one understands what is actually happening.
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