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oil skyrocketing againOctober 16th, 2009
I dont care what the gov is saying, any thinking person can tell that the end of the recession is no where in sight. People are still losing jobs, and sales of just about everything is still going down.

Even oil stockpiles have been going up in the last few months, the price of diesel/gas has not really gone down. In fact, diesel has gone up. Because of the stockpile of oil, the oil suppliers have now cut production. Oil is now almost $80.

JPMorgan (for example) has just posted huge profits. And guess what. According the newspaper (I know, consider the source), those profits are not from banking operations. They are from trading stocks, and commodities (oil, gas, etc). In other words, they are again speculating on oil and causing the price to go up. I wonder where congress is on this ? Where is the news media on this ? I havent even heard it mentioned on fox news or cnn.

Im just venting. But, I bet a lot of other people have noticed the raping of america and the world again. But, Ill bet that this time nobody even mentions anything.

TRat

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