It’s Not About the T Shirts

Europeans should be aware that living here as a citizen is not the same as being a European talking to American travelers there... or visiting the USA from Europe. Many Americans look to Europe as the model of what-we-should-not-do! And it has been so for over 200 years, and not a confrontational practice.
Obama may have capitulated to King George from behind a podium with a Church of England facsimilie emblem for the sake of impressions, were this another point of history, and while that might excite Europeans many of us don't think these are the hallmarks of a great leader. It's sort of like Sauer *** made from plastic cabbage leaves. A combination violin and Kookoo clock, or combination MP3 player and chainsaw!
Not actually change, but more like a novelty.
The next President will have an impact on our REALLITY.

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. But 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

Obama said he could pay for his programs by eliminating the Bush administration???s tax cuts for the wealthy, winding down the Iraq war and spending more on alternative energy programs that eventually will save money.
First, let me simple say just one thing - since I want to really focus on personal income taxes and not corporate taxes. Any confiscatory tax strategy on companies will hurt the economy - especially if oil companies are the ones targeted. Taxes are always passed on to consumers in the form of higher prices. These taxes punish shareholders who invest in oil companies. They will also slow the exploration of oil and the development of new technologies. If Barrack Obama really does care about the ???little guy??? - screwing over Exxon with confiscatory taxing is not the way to reduce prices at the pump.
Now - back to the issue of income taxes. From Barrack Obama???s campaign website:
Sounds good, right? Screw the rich - those idiot rich - with all their gold toliets, and fancy cars, and caviar lifestyle. Take their money away from them??? right! Confiscatory taxes - raise them through the roof on the wealthy - the evil, evil, wealthy. Like that commercial for JG Wentworth - Obama dressed as Uncle Sam is screaming, ???It???s my money??? and I WANT IT NOW!???
Those stupid millionaires, and billionares, like oh - well like Barrack Obama for example - or George Soros - and Bill Gates - or Warren Buffet - those guys will pay lots and lots more??? right! They deserve to pay more - since clearly they ripped us all off to get where they are??? the fat lot of them.
That???s what democrats THINK when they hear Obama speak. Now - that???s the ???smear??? in Obama language. Now let???s talk the truth.

Some of you who read my posts about investment banks driving up the price of oil through commodities futures trading did not believe me that this was a real issue, despite the fact that the Senate is investigating it. Well, it really is an issue and an important one, so important the the Department of Justice is going to investigate.

Today Senator Obama announced a plan today to crack down on excessive energy speculation and fully close the loophole in the CFTC regulations that I referred to in my blog. This loophole is also called the "Enron Loophole" because it was created by McCain Campaign co-chair Phil Gramm at the behest of Enron lobbyists, and exempts most trading on energy commodities from regulation. As a result, the CFTC is unable to oversee the oil futures market or investigate cases where excessive speculation is driving up oil prices. Just last month, John Hofmesiter, President of Shell Oil Company, says that the proper, uninflated production price of a barrel of crude oil is no more than $65.

http://www.financialpost.com/reports/oil-watch/story.html?id=532747

Clarence Cazalot, CEO of Marathon Oil, stated in November of 2007 that "$100 oil just isn't justified by the physical demand on the market - it is speculation on the futures market that is driving this."

http://money.cnn.com/2007/11/12/markets/oil_hundred/index.htm?postversion=2007111216

Larry Chom, Chief Economist of Platt's, states in a recent Businessweek article that speculation is adding at least $50 to the price of every barrel of oil. You can read this article in the May 13, 2008 edition of Businessweek, but it is no longer available on their website unless you are a member.

http://www.businessweek.com/bwdaily/dnflash/content/may2008/

To see what Senator Obama is doing to correct this serious problem and lower the price of gas and oil, go to his website:

http://my.barackobama.com/page/community/post/stateupdates/gG5Rzb

Now THAT is my kind of President! Sees the problem, and moves to fix it, while Bush and McCain are sitting on their hands.

Now we will begin another round of latching on to NY Rohter article by those already anti-disposed. Really, read that article 3 times and ask sincerely - does the article really infer that Barack's policies on alternative energy are not the right one for America? Does it establish that he is REALLY influenced by the ethanol lobbyists.

If I am favorably disposed to anti-cancer research group - could it be that it simply coincides conveniently with the fact that they have a right agenda? Could this be that it serves my country better than coddling up to the oil company lobbyists and announcing moratorium on drilling on a speech with oil execs. The earth is 65000km in diameter. Oil is in a mere 0.001% of it. It WILL END. The answer is always going to be in renewable (regrowable) sources like ethanol, corn or cane or other - lobbyists or not.

Could it be this position serves us better in a new clearly increasing phenomena of extreme weather, alternate record heating and extreme freezing, melting of the ice caps, and floods in the midwest, and hurricanes in the south east and soon possibly everythwere.

Barack Hussein Obama is a puppet, he has no clue about energy. I feel sorry for the people who believe about "his change scam". He will not be willing to do the right thing when it comes to energy policies. He is owned by the "Ethanol Lobbyists" who are financing his campaign. He has been traveling with his friend Tom Daschle , the former Senate majority leader from South Dakota who is a big ethanol backer and has close ties to the powerful agri-business "Archer Daniels Midland". We all know that ethanol from corn will not do the trick and that Brazil (an up and coming financial power in the world) has been using ethanol from sugar cane more succesfully. In addition, France that is so loved by the leftist liberal has about 80% of its energy from nuclear power. Thus, Obama opposing to drilling, nuclear power and even ethanol from sugar cane rather than corn ( which will increase hunger in the world since since human being can no longer afford the price of corn). You may want to read the article of " LARRY ROHTER " a journalist for one of the most liberal newspaper agency in the US "The New York time" called "Obama camp closely linked with ethanol, Industry endorsed by candidate has provided some of his top advisers. I wonder if it is a tactic of the New York Times to soften people reaction when the story gets out in main tream media, because it will be out. Obama notion of change is nothing than the introduction in the White House of corrupted politic "South Chicago-style." As much as I think bush is a moron, I trust him better than Obama because he is not audacious enough to play the American people. Obama has no intention to change anything when it comes to energy policy. The guy is an egomaniac that will do and say anything to get to power. He will play us the same way that he played the poor black people in South Chicago. Let them believe that he is helping their causes, while he is getting mega investment with crooks like Rezko. We the American people will not be fooled by Obama. He is just another typical politician that will flip flop anytime just for another buck. By the way, the Saudis are smart. They can increase the price of oil as much as that want and make more money to finance terrorists because they know that many of our politicians are selfish crooks that only care about their pocket. They know that most of our politicians will not have the courage to block special interest and truly do whats best for American energy policy. They know that liberal who are so crazy about the environment will put animal first and will not allow drilling and nuclear power. therefore, they can increase the price as much as they want. If we elect Obama and his ethanol lobbyists, we will be sorry because 2 years from now, when the price of a gallon of gas hikes to $10.00 just like it is in Europe, we will wish that did save a barrel of oil when the price was $4.50 a gallon. You Oba