Showing posts with label Enron. Show all posts
Showing posts with label Enron. Show all posts

Monday, June 23, 2008

Obama watches You Tube?

Either that or an aide showed him that Keith Olbermann You Tube video I posted a few days ago. His plan to crackdown on speculators and the Enron loophole...and his blaming of former Republican Sen. Phil Gramm can't be a coincidence, can it? The fact that he's also McCain's co-chairman and economic advisor does not sit well with me personally.
WASHINGTON - Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing price of oil. The Democratic candidate's campaign singled out the so-called "Enron loophole" for allowing speculators to run up the cost of fuel by operating outside federal regulation. Oil closed near $135 a barrel on Friday — almost double the price a year ago.

Friday, June 20, 2008

Curse lobbyists and the oil companies!

You know it was only a matter of time before politics got on this blog. But this video should make you downright vex, even if you don't live in the U.S. The oil companies have one big monopoly on the market and with lack of regulation and oversight, they can price gas at whatever price they want. Rants in the comments section is allowed.

Internet Coupons
Internet Coupons