Bridge to the GOP

Readers, be informed, and beware! Sam Bodman, US Energy Secretary, is a Bush appointed Yes-man. Bodman states that insufficient production is making oil prices soar. Bush wants you to think that the OPEC countries are responsible for high oil prices, but the truth is, OPEC has been significantly increasing production over the past several months. Where is all that oil going? It's being stockpiled by US investment banks, who are creating a fake shortage to drive up the price. Congress has already started to investigate this criminal practice. Bush, who has deregulated the banking industry, tries to blame it on OPEC. By now you should be familiar with Bush's MO: he says you should be very afraid of Muslims.

Who you should really be afraid of are investment bankers at Merrill Lynch, Morgan Stanley and Lehman Brothers. Check this out:

Michael Masters of Master Capital Management (a global investment manager) testified before the Senate Committee on Homeland Security & Government Affairs a couple of weeks ago. Quotes from his testimony:

"Today, Index Speculators are pouring billions of dollars into the commodities futures markets, speculating that commodity prices will increase. In the popular press the explanation given for rising oil prices is the increased demand from China. According to the DOE, China's demand for petroleum has increased in the last five years from 1.88 billion barrels to 2.8 billion barrels, an increase of 920 billion barrels. Over the same five year period, Index Speculators' demand for petroleum futures has increased by 848 million barrels. THE INCREASE IN DEMAND FROM INDEX SPECULATORS IS ALMOST EQUAL TO THE INCREASE IN DEMAND FROM CHINA. Index Speculators have now stockpiled, via the futures market, the equivalent of 1.1 billion barrels of petroleum, effectively adding EIGHT TIMES as much oil to their own stockpile as the US Government has added to the Strategic Petroleum Reserve over the last five years."

"The Senate has asked the question "Are Institutional Investors contributing to food and energy price inflation?" And my unequivocal answer is "YES." In this testimony I will explain that investment banks are one of, if not the primary, factors affecting commodities prices today. Clearly, there are many factors that contribute to price determination in the commodities markets; I am here to expose a fast-growing yet virtually unnoticed factor, and one that presents a problem that can be expediently corrected through legislative policy action..."

The US Commodity Futures Trading Commission is ASLEEP AT THE WHEEL. They're supposed to be protecting us from these kinds of abuses, but Bush allowed loopholes in the CFTC regulations that you can drive a truck through. An oil truck, that is.

Links to Masters' Senate testimony, and 2 articles:
http://hsgac.senate.gov/public/_files/052008Masters.pdf
http://www.informationclearinghouse.info/article20011.htm
http://globalresearch.ca/

Guess who is hiding tonight? Good old Holy Roller. He's got his tail between his legs and is laying low.

Holy Roller, your "hero" Larry Sinclair was arrested today on outstanding warrants for theft and forgery. His disbarred lawyer Mr. Sibley showed up wearing a kilt (that's right, a skirt).

What I want to know is this: since you and the religious right hate gays so much, why will you get in bed with them when it suits your twisted purpose?

I hope you are sobbing yourself to sleep, now that your latest stink bomb has been shown to smell even more than the offal you were serving.

Everything that Holy Roller says is false.

Rassmussen to the rescue! When the latest Florida polls showed Barack leading McCain, Rassmussen threw together a hurry-up poll using "500" likely voters to put McCain back on top. I thought my co- mouth-breathing -worker was going to hurt himself running in with it this morning. On another subject but somewhat related. Charlie Crist's bid for the VP spot will have the opposite effect McCain hoped for. Crist's flip flop on off-shore drilling in florida will surely cause mcCain to lose Florida and it looked as if he had it locked up with the defecting Hillary voters. If there's anything we floridians worry about most its losing our Beaches and our livelyhood to an oil spill on the coast. I'm the first one to agree that the process has proven safe with the North sea Drilling daily in the worst kind of weather, but the people who depend on the tourist will not even consider it. McCain will lose florida and the white house and Crist will lose his chance at being VP and his chance to be a two term Governor.

The War Secrets Sen. John McCain Hides
Former POW Fights Public Access to POW/MIA Files
April 25, 2000
By Sydney Schanberg

PART 1 OF 2

NEW YORK (APBnews.com) -- The voters who were drawn to John S. McCain in his run for the Republican presidential nomination this year often cited, as the core of his appeal, his openness and blunt candor and willingness to admit past lapses and release documents that other senators often hold back. These qualities also seemed to endear McCain to the campaign press corps, many of whom wrote about how refreshing it was to travel on the McCain campaign bus, "The Straight Talk Express," and observe a maverick speaking his mind rather than a traditional candidate given to obfuscation and spin.

But there was one subject that was off-limits, a subject the Arizona senator almost never brings up and has never been open about -- his long-time opposition to releasing documents and information about American prisoners of war in Vietnam and the missing in action who have still not been accounted for. Since McCain himself, a downed Navy pilot, was a prisoner in Hanoi for 5 1/2 years, his staunch resistance to laying open the POW/MIA records has baffled colleagues and others who have followed his career. Critics say his anti-disclosure campaign, in close cooperation with the Pentagon and the intelligence community, has been successful. Literally thousands of documents that would otherwise have been declassified long ago have been legislated into secrecy.


Link to complete article: http://www.aiipowmia.com/sea/schanberg_mccain.html

Yes, but is the republican method of paying for it going to leave future generations in massive debt again?