ya know I've enjoyed many of your posts OMOF,
and there have been a number of times where I think you state an OBJECTIVE valid "argument", raise critical questions, and come to a likely conclusion
something that is refreshing being as many of the members here are extreme and biased in their beliefs/values
however in this instance you need to REREAD my post,
here it is again just as a reference:
Quote:
there are "Certain things" speculators SHOULD NOT be able to speculate on,
OIL is one of those things,
anything that has an affect on national security interests should not be speculated on,
the reality is that right now speculators affect the price of oil, and therefore influence the current price.
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most importantly I stand by my quote, and reemphasize it
you are contradicting yourself OMOF
quote:
Quote:
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Speculators do not affect national security.
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then you say,
quote:
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At the most they only affect prices.
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sounds like a contradiction to me, especially if you understand the implications
Fact:
since prices are affected by speculators, then consequently the fact that they do influence prices affects National Security
quote by OMOF:
Quote:
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And why single out only oil?
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I never singled oil out, read my post
I said oil was
ONE of those things
quote by OMOF:
Quote:
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And these prices are based on 'international' supply and demand...not just what happens within the USA.
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I completely agree wth you that the primary factor is that this is a Supply and Demand issue in a Global market, and unfortunately will be for some time.