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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: spiral3 who wrote (72563)6/17/2008 9:39:08 AM
From: Triffin  Read Replies (1) | Respond to of 542138
 

Just this week, Senator Joe Lieberman, the Connecticut independent, said he was working on a proposal to ban large institutional investors from the commodity markets entirely.


Great .. How about some testimony before Congress
from any college Geology professor on depletion !!

Triff ..



To: spiral3 who wrote (72563)6/17/2008 1:16:27 PM
From: TimF  Read Replies (1) | Respond to of 542138
 
traders are definitely deciding and consciously setting a price, how else would it arise, clearly they don't all have the same price in mind, that's what makes the market.

The market sets a price, through the interaction of competing traders. No one is writing out a menu defining prices for the world.

" Well that's some people's objective..."

Excuse me, that's what that was about, reducing consumption.


There is a difference between putting downward pressure on consumption and getting a "guarantee that usage targets will be achieved".