Lieberman: Restrain Large Speculators

Quote from gnome:

We've need an energy policy for more than 30 years, but our spineless and greedy politicians can't do anything until it's a crisis... never wanting to step on anyone's toes (except taxing the rich, of course) in fear it might hurt their chance at reelection.

Our Federal Gummint really is nothing short of PUKE!
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WHo elects them? It is the public that is spineless and greedy - they want cheap oil for their gas guzzling SUVs, then whine when the consequences of 2 decades of cheap prices and absurdly polluting unnecessary demand come back to bite them in the ass. Politicians are simply responding to voter imperatives, don't blame them. If they try reform they get ignored (voter apathy) or voted out (voters love their special interests).

Ron Paul's run showed that most people WANT more of the same mainstream socialist politicians.
 
Quote from AAAintheBeltway:

In all this blathering, never a word about the true culprits for our current problem. How many nuke plants have we built? How many new refineries? Why are there scores of different regional formulations for unleaded gas? Think that helps prices? How about coal, as we are the Saudi Arabia of coal? Shouldn't we be building coal-fired plants like the Chinese are doing? Coal gassification, good idea or not? Oil sands? Or, to keep it simple, drilling in alaska and off the east coast? Or is it better to let the Cubans and chinese suck up that florida oil?
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I would love someone to ask LIEberman what initiatives in the last decade he promoted to increase the oil supply, or incentivise investment into alternative energies so that the US would pollute less and have more independence (not to mention lower energy prices). What does he think of his fellow politicos in Washington who just recently voted to continue restricting domestic energy production, or who supported ethanol programs and thus hit Joe Sixpack in the wallet for his daily bread. What was Lie-berman doing to promote a sound and stable dollar over the last 5 years?

It looks to me as though Lie-berman was asleep at the wheel for the last 5-10 years, doing absolutely nothing to address the factors that have led to the current commodity price boom. If he thinks the current state of affairs is a mess, well it happened on his watch while he did nothing. I would suggest he holds an inquiry into why him and his colleagues were so blindsided by such a clearly forseeable development. Oh, and maybe they can hash out a coherent energy, currency, fiscal, financial, regulatory and agricultural policy while they are at it.
 
Quote from ByLoSellHi:

You left out the disaster of a clusterf$!$ck that is the Iraq War, and the financial and social legacy that will befall to future generations of Americans because of starting the wrong war against the wrong country.

Not only that, they want to double down, in Iran!!

And give ALL ADDITIONAL government funding to private contracting and defense contractors, rather than the middle class of America (who will actually spend the money in American stores and places of commerce)!!!!

Whatever happened to common sense Republicans such as Reagan? Seriously?

Am I alone here in believing you don't screw around starting MASSIVELY EXPENSIVE wars unless you have a damn good reason to do it (as in necessity), and that you talk to anyone (like Reagan talked to Gorby), no matter what, as long as it gets your goals accomplished?

Bring back Reagan or the GOP can rot in hell.
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89% of Americans after 9/11 supported and approved of Bush. Don't try and pretend you were one of the 11%. You are just one of the 75% of unprincipled flip-floppers who loved him when things looked good, and are now sticking the knife in when things look bad.
 
Quote from libertad:

Excellent Commentary

.........................................................................

Kudos to Lieberman.....


This is common sense....and this is the way to solve it....

...................................................................

Next step....

Get rid of Bush/Cheney and sharply soften middle east
war unease.....which continually has caused the oil market to substante higher price logic....

..........................................................................

Next step....

Conservation and technology shift

Both legally and actuals

All vehicles.... 40mpg mandate or alternate propulsion....

Now....not later.....
.....................................................................

Kudos to Common Sense Lieberman....
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very nice thread, worth the read time

thanks guys!
 
Quote from Cutten:

89% of Americans after 9/11 supported and approved of Bush. Don't try and pretend you were one of the 11%. You are just one of the 75% of unprincipled flip-floppers who loved him when things looked good, and are now sticking the knife in when things look bad.
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Unlike Maverick and some of the others on this website that were some of the more vocal Bush "cheerleaders", I am proud to say that I was one of the 11%.

He was an idiot then, and he is still an idiot now. You can take Phil and Wendy Gramm with him too, and the rest of his neo-con bunch that wouldn't know a STRONG DOLLAR policy if it hit them square in the face!
 
Quote from Cutten:

89% of Americans after 9/11 supported and approved of Bush. Don't try and pretend you were one of the 11%. You are just one of the 75% of unprincipled flip-floppers who loved him when things looked good, and are now sticking the knife in when things look bad.
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F$%ck off, you shit stained neocon lover.

I never fell for the constant BS about Iraq like you and your ilk.

You're a presumptuous and ignorant little bitch.
 
Quote from libertad:

Excellent Commentary

.........................................................................

Kudos to Lieberman.....


This is common sense....and this is the way to solve it....

...................................................................

Next step....

Get rid of Bush/Cheney and sharply soften middle east
war unease.....which continually has caused the oil market to substante higher price logic....

..........................................................................

Next step....

Conservation and technology shift

Both legally and actuals

All vehicles.... 40mpg mandate or alternate propulsion....

Now....not later.....
.....................................................................

Kudos to Common Sense Lieberman....
More...

Lieberman is a real genius. It's him and his democratic party that got us here with their stonewalling on an energy policy that has been blocked for 30 years.

Plus he look great when he was trying to steal the 2000 election by only recounting democratic counties.

Lieberman should be in the hat business.
 
Wow BLSH sounds like he gets upset quite easily. Kinda makes me regret ever believing some of the BS he writes about. Why does every oil thread turn into an Iraq war thread? Look at Iraq's oil production pre and post war. Insignificant in both time frames. On the other hand Iraq does have a massive amount of oil under its feet. Hopefully as stability comes to the region Iraq will start to be a major contributor to the world oil supply. Again whether or not you agree with the war, the fact is that this never would have been possible under the old regime. The infrastructure was already unable to keep up with its current production. A little known fact; however you feel about him now pre invasion Bush had the highest approval ratings of any president..... ever. He may not be the best president we've had but he's by far not the worst (cough carter). On the matter of speculation in the market. Speculation is good for ALL markets, even the commodities market. But as was pointed out in the legislation it should be 80% consumer/producer driven and 20% speculator driven. Thus the speculators don't have control of price they simply follow it to profit. The commodities market with its recent influx of money has gotten an inverse ratio where speculators have an 80% market share. Liebermans proposal does not keep institutions out of commodities markets it simply brings the margin and position limit regulations up to par with the other markets. Where they should have been all along. If you disagree with me I would rather you don't go the route of BLSH and personally bash me. I would much rather have an intelligent debate.
 
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