IN CONGRESS, July 4, 1776
The unanimous Declaration of the thirteen united States of America,
Whenin the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.--Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world..........
The Declaration of Independence
A U.S. Vet cuts down an illegal Mexican flag.
Gas hit's $4.28 a gallon
Are you better off than you were 8 years ago?
Michael LD4P2008
In March of 2000 gas costs $1.54 a Gal. then two Republican oil men were elected(?) and eight years later we go from $1.54 a gal. ...... To $4.28 a gal. and rising.
"As detailed in an earlier article, a conservative calculation is that at least 60% of today’s $128 per barrel price of crude oil comes from unregulated futures speculation by hedge funds, banks and financial groups using the London ICE Futures and New York NYMEX futures exchanges and uncontrolled inter-bank or Over-The-Counter trading to avoid scrutiny. US margin rules of the government’s Commodity Futures Trading Commission allow speculators to buy a crude oil futures contract on the Nymex, by having to pay only 6% of the value of the contract. At today's price of $128 per barrel, that means a futures trader only has to put up about $8 for every barrel. He borrows the other $120. This extreme “leverage” of 16 to 1 helps drive prices to wildly unrealistic levels and offset bank losses in sub-prime and other disasters at the expense of the overall population.
The hoax of Peak Oil—namely the argument that the oil production has hit the point where more than half all reserves have been used and the world is on the downslope of oil at cheap price and abundant quantity—has enabled this costly fraud to continue since the invasion of Iraq in 2003 with the help of key banks, oil traders and big oil majors. Washington is trying to shift blame, as always, to Arab OPEC producers. The problem is not a lack of crude oil supply. In fact the world is in over-supply now. Yet the price climbs relentlessly higher. Why? The answer lies in what are clearly deliberate US government policies that permit the unbridled oil price manipulations."
[Update: Oil is now $134 a barrel] (source: GlobalResearch.ca)
Call Congress NOW!
Call your Congress person now to put intense pressure on them to start and finish legislation that would curtail Wall street banks and other large financial institutions from continuing to be completely unregulated. Tell Congress to "Close the Enron loophole" which allows these banks and oil speculators to go unregulated which in turn allows them to set the price of oil which they buy low then raise the price themseleves to make a killing on the backs of the American people. ENOUGH IS ENOUGH! This needs to stop NOW!
International loophole
But time is running short. The Commodity Futures Trading Commission, the federal agency that regulates oil trading, has drawn the increasing ire of lawmakers for exempting financial firms from rules that limit speculative buying, a prerogative usually reserved for airlines and trucking companies that need to lock in future fuel costs. The CFTC has also waived regulations on U.S. investors who trade commodities on some overseas markets, allowing them to accumulate large quantities of the future oil supply by making purchases on lightly regulated foreign exchanges.
Until recently, Congress had been reluctant to intervene in the energy futures markets, and the lobbying by financial entities has been a major reason. "We have known since 2001 that there were problems here, but we've run up against people on Wall Street who don't want to be helpful in policing the market," said Sen. Maria Cantwell (D-Wash.), one of several lawmakers frustrated by the effectiveness of the financial lobby
(sourse MSNBC)
Tim Russert
1950 -2008
Please 
YOU CAN MAKE A DIFFERENCE!
Let us not forget
All those that have given everything for
us in the last 229 years of our country.
As of Monday, June 30, 2008, at least 4,113 members of the U.S. military have died since the beginning of the Iraq war in March 2003, according to an Associated Press count.
Gas hit's $4.28 a gallon
Are you better off than you were 8 years ago?
Michael LD4P2008
In March of 2000 gas costs $1.54 a Gal. then two Republican oil men were elected(?) and eight years later we go from $1.54 a gal. ...... To $4.28 a gal. and rising.
"As detailed in an earlier article, a conservative calculation is that at least 60% of today’s $128 per barrel price of crude oil comes from unregulated futures speculation by hedge funds, banks and financial groups using the London ICE Futures and New York NYMEX futures exchanges and uncontrolled inter-bank or Over-The-Counter trading to avoid scrutiny. US margin rules of the government’s Commodity Futures Trading Commission allow speculators to buy a crude oil futures contract on the Nymex, by having to pay only 6% of the value of the contract. At today's price of $128 per barrel, that means a futures trader only has to put up about $8 for every barrel. He borrows the other $120. This extreme “leverage” of 16 to 1 helps drive prices to wildly unrealistic levels and offset bank losses in sub-prime and other disasters at the expense of the overall population.
The hoax of Peak Oil—namely the argument that the oil production has hit the point where more than half all reserves have been used and the world is on the downslope of oil at cheap price and abundant quantity—has enabled this costly fraud to continue since the invasion of Iraq in 2003 with the help of key banks, oil traders and big oil majors. Washington is trying to shift blame, as always, to Arab OPEC producers. The problem is not a lack of crude oil supply. In fact the world is in over-supply now. Yet the price climbs relentlessly higher. Why? The answer lies in what are clearly deliberate US government policies that permit the unbridled oil price manipulations."
[Update: Oil is now $134 a barrel] (source: GlobalResearch.ca)
Call Congress NOW!
Call your Congress person now to put intense pressure on them to start and finish legislation that would curtail Wall street banks and other large financial institutions from continuing to be completely unregulated. Tell Congress to "Close the Enron loophole" which allows these banks and oil speculators to go unregulated which in turn allows them to set the price of oil which they buy low then raise the price themseleves to make a killing on the backs of the American people. ENOUGH IS ENOUGH! This needs to stop NOW!
International loophole
But time is running short. The Commodity Futures Trading Commission, the federal agency that regulates oil trading, has drawn the increasing ire of lawmakers for exempting financial firms from rules that limit speculative buying, a prerogative usually reserved for airlines and trucking companies that need to lock in future fuel costs. The CFTC has also waived regulations on U.S. investors who trade commodities on some overseas markets, allowing them to accumulate large quantities of the future oil supply by making purchases on lightly regulated foreign exchanges.
Until recently, Congress had been reluctant to intervene in the energy futures markets, and the lobbying by financial entities has been a major reason. "We have known since 2001 that there were problems here, but we've run up against people on Wall Street who don't want to be helpful in policing the market," said Sen. Maria Cantwell (D-Wash.), one of several lawmakers frustrated by the effectiveness of the financial lobby
(sourse MSNBC)
Tim Russert
1950 -2008
Please YOU CAN MAKE A DIFFERENCE!
Let us not forget
All those that have given everything for
us in the last 229 years of our country.
As of Monday, June 30, 2008, at least 4,113 members of the U.S. military have died since the beginning of the Iraq war in March 2003, according to an Associated Press count.
"As detailed in an earlier article, a conservative calculation is that at least 60% of today’s $128 per barrel price of crude oil comes from unregulated futures speculation by hedge funds, banks and financial groups using the London ICE Futures and New York NYMEX futures exchanges and uncontrolled inter-bank or Over-The-Counter trading to avoid scrutiny. US margin rules of the government’s Commodity Futures Trading Commission allow speculators to buy a crude oil futures contract on the Nymex, by having to pay only 6% of the value of the contract. At today's price of $128 per barrel, that means a futures trader only has to put up about $8 for every barrel. He borrows the other $120. This extreme “leverage” of 16 to 1 helps drive prices to wildly unrealistic levels and offset bank losses in sub-prime and other disasters at the expense of the overall population.
The hoax of Peak Oil—namely the argument that the oil production has hit the point where more than half all reserves have been used and the world is on the downslope of oil at cheap price and abundant quantity—has enabled this costly fraud to continue since the invasion of Iraq in 2003 with the help of key banks, oil traders and big oil majors. Washington is trying to shift blame, as always, to Arab OPEC producers. The problem is not a lack of crude oil supply. In fact the world is in over-supply now. Yet the price climbs relentlessly higher. Why? The answer lies in what are clearly deliberate US government policies that permit the unbridled oil price manipulations."
[Update: Oil is now $134 a barrel]
Call Congress NOW!
Call your Congress person now to put intense pressure on them to start and finish legislation that would curtail Wall street banks and other large financial institutions from continuing to be completely unregulated. Tell Congress to "Close the Enron loophole" which allows these banks and oil speculators to go unregulated which in turn allows them to set the price of oil which they buy low then raise the price themseleves to make a killing on the backs of the American people. ENOUGH IS ENOUGH! This needs to stop NOW!
International loophole
But time is running short. The Commodity Futures Trading Commission, the federal agency that regulates oil trading, has drawn the increasing ire of lawmakers for exempting financial firms from rules that limit speculative buying, a prerogative usually reserved for airlines and trucking companies that need to lock in future fuel costs. The CFTC has also waived regulations on U.S. investors who trade commodities on some overseas markets, allowing them to accumulate large quantities of the future oil supply by making purchases on lightly regulated foreign exchanges.
Until recently, Congress had been reluctant to intervene in the energy futures markets, and the lobbying by financial entities has been a major reason. "We have known since 2001 that there were problems here, but we've run up against people on Wall Street who don't want to be helpful in policing the market," said Sen. Maria Cantwell (D-Wash.), one of several lawmakers frustrated by the effectiveness of the financial lobby
(sourse MSNBC)
Tim Russert
1950 -2008
Please
YOU CAN MAKE A DIFFERENCE!
Let us not forget
All those that have given everything for
us in the last 229 years of our country.
As of Monday, June 30, 2008, at least 4,113 members of the U.S. military have died since the beginning of the Iraq war in March 2003, according to an Associated Press count.
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