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Obama FTW


xa1022

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Well before I start, I am a diehard democrat. Now I am voting obama, and everyone that I know is voting for obama. Im just wondering who all out there thinks that Obama is the antichrist. Or how many people have head this. Either way, it all started from his rival runner, McCain. He started the ad called "The one" Which was all about showing the similarity's between obama, moses, and the antichrist from the popular Left Behind series. The thing is, I did some research, and well the bible states that when the antichrist comes, he will be unknown to the world. This means in turn, that people thinking obama is the antichrist just means that hes not. Think about it....
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How do you expect for us to pay for the gas prices when Obama says no to gas companies? Well, it's your decision. I got my own.
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During the Democratic primaries (at the beginning of the whole thing), the only two I did not like were Obama and Clinton. (Full Disclosure: I liked Kucinich and Richardson for the Dems and Ron Paul for the GOP. In my primary (Libertarian) I voted for Mike Jingozian).

 

With the current situation of candidates, I am 90% sure I will be voting for McKinney since I cannot get over Barr's vote for the Patriot Act.

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How do you expect for us to pay for the gas prices when Obama says no to gas companies? Well, it's your decision. I got my own.

Except that there's almost nothing that the government will do about it. The latest is that Congress has recenlty passed legislation to curb energy speculation. But oil refineries are operating at 66.7% capacity. There is a forceful market manipulation from investors by dumping huge amounts of money into oil futures, and from the refineries themselves. This latest shortage is completely manufactured.

 

There's no shortage of crude, anywhere. Just less is being refined. The only way to change that is to take a very unconstitutional stance to force oil companies to refine more oil. We can stop oil futures manipulation though by eliminating energy speculation altogether.

 

So, there's nothing Obama, McCain or anyone else can do about gas prices, except we, the consumer by refusing to purchase it.

 

-T-

 

Edit: I give you this and this as food for thought.

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Except that there's almost nothing that the government will do about it. The latest is that Congress has recenlty passed legislation to curb energy speculation. But oil refineries are operating at 66.7% capacity. There is a forceful market manipulation from investors by dumping huge amounts of money into oil futures, and from the refineries themselves. This latest shortage is completely manufactured.

 

There's no shortage of crude, anywhere. Just less is being refined. The only way to change that is to take a very unconstitutional stance to force oil companies to refine more oil. We can stop oil futures manipulation though by eliminating energy speculation altogether

 

Absolutely correct, the high (US perspective) gas prices are caused by a lack of refining capacity and oil being a manipulated market. The manipulation comes from the refiners (they have an oligopoly and can not refine at fully capacity to drive up the price) and the OPEC (a cartel which controls the amount of crude oil pumped, and therefore, control that price) countries.

 

Speculators have little impact on the price. Speculation is simply a sophisticated word for hoarding, and it is extremely difficult, and Draconian, to eliminate hoarders. It is also important to keep in mind that speculators have to sell what they are hoarding to make money, which means that the when these "evil" oil speculators sell their commodities, oil prices will go down because the sale of the oil by the speculators will put more oil on the market.

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Absolutely correct, the high (US perspective) gas prices are caused by a lack of refining capacity and oil being a manipulated market.

There is no lack of refining capacity. Refineries in the US are operating at 66.7% capacity. That's an engineered shortage.

 

Speculators have little impact on the price.

Except that the market only started to drop AFTER investors had pulled $33 billion from the oil futures market. Granted, the weak dollar doesn't help, but manipulation from both sides is keeping gasoline prices high.

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