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Politics : President Barack Obama
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To: ChinuSFO who wrote (24491)6/23/2008 4:27:00 PM
From: tejek  Read Replies (2) of 149317
 
"I can tell you, from my days as a trader of financial assets, the volatility you see is absolutely indicative of speculation in the marketplace," Corzine said on a conference call with reporters and Obama advisers. "We've just got a real problem that is squeezing American families over and over again."

I think speculation is only a small part of the problem. From everything I read by people who are in the business......the problem is mostly that supply can't meet demand.
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