SheeplePeople.com

No…

Government intervention will make the problem worse. Didn’t we already experience what happens when government interferes with the free market while Carter was president?

Speculation makes markets react faster and increases liquidity.  Without liquidity the market could be much worse and subject to larger price fluctuations.

Speculators are not the problem.  The number 1 problem is government created:  The Gulf War has cost 600 Billion dollars.  Rather than force Americans to pay for this in taxes, the government has borrowed and printed money.  This has caused the dollar to crash in value.  Oil is a commodity, just like gold, copper, and steel.  All of these items have gone up in dollars as the dollar has gone done in value.

If the dollar held it’s past value, oil would be under $100 a barrel.

Besides the crashing dollar, other significant causes are:  increasing demand from Asia, decrease in new discoveries, subsidized gas in China, and high per capita consumption in the U.S.

Speculation is a debatable factor.  I don’t think it hurts us, but I know government interference will!

Stumble it!

Filed under: American Economy, Blogroll, Dollars & Sense, Falling Dollar, Free Thinkers, In the News, Missed the Point, Oil prices, Regulation, Suckered, US Dollar by admin 6 Comments »

“How do you know if a politician is lying? His lips are moving.”

Sure it’s an old joke, but the truth of it is inescapable.  Why do any of us even bother to listen to politicians in speeches and debates?  What they say is meaningless.  Most of the time they just spew platitudes and buzz words.  When they actually discuss their positions or make promises, then what they say means even less.

From listening to Hillary and Obama, you’d think they are against the war in Iraq.  Sometimes they even rail against the direction our government is taking with the Patriot Act.

So which of the leading candidates voted against the War in Iraq?  Not Hillary, she was for it.  Ron Paul was the only popular candidate with the wisdom to go against the majority in 2002.

In 2001 surely Hillary was against the Patriot Act!  Nope, she voted for it.  What about when it resurfaced in 2006, Hillary once again supports the right wing stance of giving up civil liberties to big government.

What about Obama?  He wasn’t in the Senate to vote for the War in Iraq.  But he did vote for the Patriot Act reauthorization in 2006.  Although he spoke against some of the provisions, ultimately he supported the Patriot Act.

There is only one candidate that has consistently stood by his position, whether it was popular or not:  Ron Paul.  If you want out of Iraq, if you want your civil liberties returned, support the candidate that has a proven track record of standing by his convictions.

By the time most of us are the voting age we should have learned the valuable life lesson:

“It’s what they DO, not what they SAY that matters.”

Unfortunately we are all too lazy to bother looking up the candidates voting records…

Stumble it!

Filed under: Free Thinkers, Presidential Candidates, Ron Paul, Sheeple People, Truth & Lies by admin No Comments »