Thursday, August 28, 2008

Get Ready To Take it In The Ass!

I'm On My Way Home From Work And I Notice That Gas Has Gone Up .25 Since I Went In!

Oil speculators provide the perfect microcosm of what happened to the economy under Bush. Back in 2001, investment banks like Goldman Sachs and JP Morgan got together and created an online exchange called the ICE for trading energy commodities. The ICE ended up buying the British-regulated International Petroleum Exchange; it then opened trading windows in the U.S., allowing Wall Street investment banks to make oil-futures trades on American soil, on their very own commodities exchange, without any federal regulation whatsoever.

"In financial terms, they were playing blackjack at tables where they themselves were the dealers, in casinos they themselves owned," says Warren Gunnels, a senior policy adviser to Sen. Bernie Sanders. "It was crazy." Trading on the ICE had a massive impact on U.S. gasoline prices, and more than one legislator wondered if energy speculators were manipulating the market, as energy traders like Enron had been before.

Read More...

Sunday, August 24, 2008

Victory Garden Or Just Frugal?

My Neighbor Works For Walmart And She Has To Travel A Lot. This Past June She Left For A 3 Month Stint In Hawaii, Lucky Bastard, And Had To Leave Her Garden Untended. She Told Us To Help Ourselves To Whatever Happened To Grow In Her 100 Sqft Plot.

Read More...

Saturday, August 23, 2008

My Blog

I Got Bored With Myspace And Decided To Just Start A Blog. I Intend This To Basically Be A Repository For Everything. I've Got Stuff Spread All Over The Net And Decided To Consolidate It All To here.

We'll See How Long That Lasts.

Oh Yeah, Much To The Chagrin Of My Friends, I've Also Decided To Go Back To My Old Posting Style Of Caps At The Beginning Of Every Word. Those That Hate It Will Continue To Hate It. ;P

][vy