WikiLeaks: Saudis Often Warned US About Oil Speculators

By BVN -
Coverage from The Real News Network on McClatchy research into the role finance speculators are having on oil prices.  There is no overstating the economic impact of oil prices,  it is also now true that no amount of drill baby drill will have the same impact on price as regulating the futures market.  Who knew? Apparently the largest global producer. 

Comments

Post a Comment

Popular posts from this blog

Tea It UP!!!

By BVN -
Three cheers for the Tea Party. Hip Hip! I was reminded recently of an acquaintance who like me was socialized deep in the heart of movement conservatism. He maintained his love of all things Republican while I had moved on. Still we would see each other occassionally and always enjoyed debating the current trajectory of public policy. Then around 2005 he said, "You know I am really more Libertarian than Republican." And we proceeded with a discussion of what this high school career counselour thought it meant to be a libertarian. Well, since then he has voted for democratic candidates including a presidential vote for Obama. My point is that true Republican or movement conservatism leads down the road to libertarianism and ultimately anarchy, really. As Egan points out once the reality of what that really means becomes apparent, as it has, no former actor turned California governor can spin it any other way. Rand Paul's victory is huge because he bypassed the ou...
Read more

Golfing, Culver Style

By BVN -
Not intended to be my first post but I can't find it, so in honor of this Labor Day weekend, a change in season usually punctuated with a fond farewell. Golfing, Culver Style A story about a game I love and the place I learned to play. You were my first time What a treat! To go for a ride seemed at first enough Until you took over, elusive and seductive Anxious anticipation as we pull out and look at you, the first hole, Waiting for us, calling us like a siren Torture to look upon you at times So close, another care free round How long would we have to wait?. Get a group together, What’s up partner? I’ll drive. A couple of drinks…sure Maybe a stereo! Let’s roll, A nod and your up Safe in the thought, no matter how cruel you were That we were close to home Perhaps a dip in the lake Like a good friend I hit predictably around you, Various shades of green, pushing white dimpled balls Sometimes consumed, hidden I’ll just take a muligan Finely cut grass and rounded edges Big trees and w...
Read more

Nostalgia Politics Redux

By Bryan VN -
Exiting the party conventions, the theme guiding both Republican and Democratic strategies aims to highlight past electoral glory.  Not surprisingly, how far back each party would have you selectively remember is variable requiring additional research for many of today’s young voters.   Still viewing the 2012 narratives through the nostalgia filter-reminding the public when they were strong and the people concurred with their leadership is the horse race, marketing campaign we’re watching through November.   So it’s fair to say that the GOP, in an effort to garner credibility for its current flock of candidates and policy proposals, have attempted an 80’s nostalgia tour doubling as party platform.  Unwilling to rehash the achievements and legacies of the two most recent Republican Presidents for different reasons, we’re back congressing with the Republican party of the early 80’s in the hopes they might forget the space in between.  Why so far back ...
Read more