NCAAbbs

So I listen to No Agenda with John C. Dvorak and Adam Curry. They were saying that the current oil prices are fixed and bs.

Google "Enron Loophole". It's very interesting.

I believe that market manipulation jacks energy prices up 35-40%.

Political manipulation jacks it up 10%

Notice how everything started going down once legisation was introduced in Congress that prohibited public pension plans and institutional investors from investing in energy futures.

CalPERS, the California Public Employees Retirement System, racked up a 68 % return playing the commodities market in the past 12 months. The Texas Teacher Retirement System racked up a bit over 40%.

When you dump that much money into a unregulated system you know that the prices are going nowhere but up.

Add in threats from that idiot Chavez and the Iranians threatening to block the Strait...

i guess that confirms it.

Yep, I'm convinced.

I'm not surprised he cannot read or do basic research, but I'm disappointed in you swoosh.

So let me get this straight. You post

like it came from the heavens and offer nothing more than that. You say google Enron Loophole (didn't have to as I'm well aware of what it is), and that's all you give us. Then you have the nerve to say I can't read or do research?

Then again you are king of GTS land, those in reality need not apply for residency.

All results on the first page:

http://blogs.abcnews.com/politicalradar/...seeks.html

http://www.crooksandliars.com/2008/06/19...-loophole/

http://economistsview.typepad.com/econom...looph.html

i let you down, didn't i. i'm hanging my head as we speak.

Listen, i'm not saying i agree or disagree with you, i'm just poking fun at the way you categorically stated it as fact.