A few weeks ago, I was very irritated with what I saw as hugely inflated oil prices being driven almost entirely by stuffed shirt speculators sitting on Wall Street, so I looked into my magic snow globe and made a prediction of my own: that oil would be $50 by the 4th of July. This problem of speculators has been the topic of the day on Capitol Hill. Here’s part of the discussion: A hedgeread more…
… and while you’re at it, shed a tear for congress as well. The oil execs were summoned to congress today to account for the high price of gas combined with their record setting profit numbers. Here’s my summation of the conversation (read the following with lots of “whining”): Congress: “You’re making too much money while the average citizen is having trouble buying gas to get to work and still feed their family”. Big Oil: “It’sread more…
I found a website for immigration reform that has (by state) all candidates running for the US Senate and for Congress. Their promotion of candidates is based on that person’s position on immigration reform, but it is useful beyond that topic as well.
