President Obama and his Chief of Staff, Bill "The Other" Dailey, are proposing opening the national oil reserve to deal with the recent crude oil and gasoline price spikes.
I have an even better idea. Since we know that speculators were part of the run-up to the $147 price in 2008, how about some legislative action?
But, oh, no, those speculators give too much money to neolib Democrats like Obama.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
March 07, 2011
Rather than dipping into the national oil reserve
Labels:
financial derivatives,
Obama (Barack),
oil prices
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