Commodity Speculation News Today

Loans in the fed during this period. people are worried about a few hundred million in the federal budget. i think theres a misplaced outrage towards regular expenditures and not enough to the bailout money. >> where can regular americans get involve in this process. were doing the segments on the fact that gas prices are going up high. thats what affects people. how can regular people, everyday people get their ire up about this when theyre struggling so much about their own critical needs day ...

Gas production. they werent looking for an explanation on why unregulated speculation leads to rising gas prices. in their attempt to destroy the dodd/frank finance reform act the house gop already introduced a measure that would cut funding to the commodity futures trading commission, the cftc is charged, of course, with regulating commodity speculation, which is taking place. michael fox, who represents the national gasoline retailers, told the house committee that the measure would be a disas...

Speculation leads to rising gas prices. in their attempt to destroy the dodd/frank finance reform act the house gop already introduced a measure that would cut funding to the commodity futures trading commission, the cftc is charged, of course, with regulating commodity speculation, which is taking place. michael fox, who represents the national gasoline retailers, told the house committee that the measure would be a disaster. >> the fastest way to $6 retail gasoline prices is to not fully fund ...

So to speak, is the federal reserve and treasury department trashing the dollar. you cannot have a weak currency and get a real recovery. its never happened in discovery. if you take the gold prices on proxy. if thats up, employment goes up and the economy goes down the this is a key reason why the recovery is weak. it encourages currency speculation, encourages commodity speculation, sends capital overseas. its a weak dollar, huge, huge drain. >> it was a clear strategic decision as a way to --...

Made wall street an issue on gas prices and food prices? its very clear where theyre going. it is very clear the escalation that the american consumers are putting up with right now. we are headed to $4 a gallon gas and some say its going to go beyond that. how can president obama and the white house be slow on this issue? >> well, i dont think this is any big mystery, you know, if you look at barack obamas number one private campaign contributor was goldman sachs which is one of the two major c...

In the early 90s a series of wall street companies that were engaged in commodity speculation quietly applied to the government for exemptions that allowed speculators to be treated as physical hedgers so the result of that was that there was suddenly this huge influx of speculative money on the markets and just to show you how much of an influx there was, as of 2003 there was less than $30 billion a year of speculative money on the commodities markets. last year there was $350 billion. so there...

Interest that bp has control of all the facts and that sort of thing. very good point, sarah palin. i mean, thats actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country, yelling drill, baby, drill, and the crowds would cheer and she was beloved of the m...

With oreilly last night, she went on and on about how bp, theres a huge conflict of interest that bp has control of all the facts and that sort of thing. very good on the, sarah palin. i mean, thats actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country...

Went on and on about how bp, theres a huge conflict of interest that bp has control of all the facts and that sort of thing. very good point, sarah palin. i mean, thats actually an interesting thing to say. but she -- and this is a problem that a lot of conservatives have. they can never bring themselves to talk about the role of commodity speculation in the huge, you know, oil -- the oil shock of 2008. the one, remember when sarah palin was going around the country, yelling drill, baby, drill, ...