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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: steve harris who wrote (121568)4/26/2008 4:05:49 PM
From: TideGlider  Read Replies (1) of 173976
 
The Oil companies have nothing to do with the price of oil. The commodities market does. The oil futures are bought as high as they like by trillions of dollars of hedge fund money. They are simply raping the world. When stocks crumble they buy them at the bottom and sell off the commodities causing the stocks to rise. Occasionally the fat assed elephant funds can't get out of their positions due to lack of liquidity. The world will suffer enough until the corrupt marketing of essentials is outlawed. What happens now to the farmers who planted all the rice and corn if the prices plummet?

The world are far less regulated than are casinos. In fact if the casinos attempted to operate like the markets , they would all go to jail.
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