Democrats want to take all our money and return to us one dime out of each dollar.
Republicans want to take all our money and give it to corporations and the wealthy.
Neither is acceptable!
Campaign 2010
Countdown to Congressional Elections
The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.
Noam Chomsky, M.I.T. emeritus Professor of Linguistics
Today Bob Pisani of CNBC called them the conspiracy theorist (see first video below). “Them” is those who know oil traders drive the price of oil, not supply & demand — and say so. Sharon Epperson said energy traders on the floor were nervous. At 6:15 this morning oil was down just 20 cents. Then Bart Chilton, one of four CFTC (Commodity Futures Trading Commission) commissioners, was a guest on Squawk Box saying they were investigating energy traders (see second video below – a good one). At 11:00 o’clock CNBC, along with their “reliable source”, Craig Donohue of the CME Group, were vigorously defending the energy speculators (see third video below). At 12:25, while discussing “Products Vs. Profits”, a news flash on the screen said “Citi is scheduled to pay an energy trader a $100 million bonus later this year” (2:19 seconds into the fourth video below). By noon oil was down $1.50.
Eichberger did point out that as soon as Congress and the CFTC started looking at speculators and talking about reining them in, the prices started dropping. That coincided with the price of oil dropping over $10 per barrel over the past ten days or so. In other words, when the bank robbers hear of renewed efforts to stop them, they curtail their bank robbing — until no one is looking. [...]