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Forum Post: truth about High oil prices--Speculators rule now

Posted 13 years ago on Oct. 10, 2011, 2:53 p.m. EST by BringBackGlassSteagallAct (67)
This content is user submitted and not an official statement

I have an idea for us to help re-regulate Wall Street, how about arranging a million people march on the Hill to bring back the Glass-Steagall Act and to Close the Enron Loophole once and for all? The public needs to be educated; I feel once this gets out, they will respond accordingly. How about Michael Greenberger as the key note speaker...

http://www.youtube.com/watch?v=zbdtTGYQBMU&feature=related http://www.youtube.com/watch?v=PNp0y0SjOkY&feature=related http://www.youtube.com/watch?v=f-kExdTgNZA&feature=channel

8 Comments

8 Comments


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[-] 1 points by EarlRichards (6) 13 years ago

OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, bribed by Big Oil. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam." "Paper oil" and the crude oil futures market have to be done away with. Over 75% of crude oil futures trading takes place in the ICE. ICE is a super Enron. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy traders, greedy refiners and greedy speculators. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed.

[-] 1 points by EarlRichards (6) 13 years ago

OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, bribed by Big Oil. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam." "Paper oil" and the crude oil futures market have to be done away with. Over 75% of crude oil futures trading takes place in the ICE. ICE is a super Enron. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy traders, greedy refiners and greedy speculators. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed.

[-] 1 points by EarlRichards (6) 13 years ago

OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, bribed by Big Oil. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam." "Paper oil" and the crude oil futures market have to be done away with. Over 75% of crude oil futures trading takes place in the ICE. ICE is a super Enron. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy traders, greedy refiners and greedy speculators. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed.

[-] 1 points by EarlRichards (6) 13 years ago

OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, bribed by Big Oil. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam." "Paper oil" and the crude oil futures market have to be done away with. Over 75% of crude oil futures trading takes place in the ICE. ICE is a super Enron. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy traders, greedy refiners and greedy speculators. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed.

[-] 1 points by EarlRichards (6) 13 years ago

Senator Sanders should join the Occupy Wall Street protests.

[-] 1 points by EarlRichards (6) 13 years ago

Senator Sanders should join thre Occupy Wall Street protests.

[-] 1 points by Im1percent (30) 13 years ago

The truth about oil prices is that the Federal Government makes more in taxes from a gallon than the oil companies do to find it, drill it, pump it, store it, transport it, refine it, transport it again, and dispense it. Who is greedy? The F-ing Government, that's who!

[-] 1 points by BringBackGlassSteagallAct (67) 13 years ago

I agree and check letter I send to Ed show in Jan, please check out the links to see how widespread the regulation is:

Anyway, I have an idea for you to help re-regulate Wall Street, how about arranging a million people march on the Hill to bring back the Glass-Steagall Act and to Close the Enron Loophole once and for all? Considering what's happening in Ohio and Wisconsin, and the Middle East, it seems like a timely thing to do. The public needs to be educated; I feel once this gets out, they will respond accordingly. How about Michael Greenberger as your key note speaker...he was great on your show the other night.

http://www.youtube.com/watch?v=zbdtTGYQBMU&feature=related http://www.youtube.com/watch?v=PNp0y0SjOkY&feature=related http://www.youtube.com/watch?v=f-kExdTgNZA&feature=channel