On May 17, 10:36 am, "Swingman" wrote:
"Lew Hodgett" wrote in message
news:AuBXj.1265$dh.254@trnddc05...
"Swingman" wrote:
Supply and demand have NOTHING to do with the current price of oil,
instead
put the blame squarely where it lies ... greed, by hedge funds and
other
speculators, using manipulation made possible by regulatory
differences
between global stock markets.
The real problem is the weakness of the USD.
The price of oil is tied to the USD.
Just another benefit of our adventures around the world.
This guy called it on the nose almost two years ago:
http://www.informationliberation.com/?id=17812
"detention centers instead of soup kitchens" Read it and weep!
I agree with most, but I always cackle when these guys list $4
trillion (or mroe) in losses to foreign trade because of NAFTA. Sure,
we've lost mroe than we've gain to Mexico, and probably to Canada. But
most of that money went to the Pacific Rim, which is not part of the
North American Free Trade Agreement, or, at least, wasn't the last
time I looked. Christ alone knows what our lunatic Prez is claiming
this week.