No.
Good.
Will.
Come.
Of.
This.
I guarantee it. Anytime the government meddles in what a market can bear, it is a disaster. Yesterday, it was corporate salaries. Now it is a roof on speculation. Tomorrow, what is it going to be? A limit on how much you can make by investing? How much you are allowed to be paid in a middle class job?
Once this line is crossed, there will be no stopping it. Every success they have in this type of intrusion only emboldens them to go further and deeper.
And they will. I guarantee it.
I predict gas lines and shortages. Just sayin. But hey, that might be JUST what they want. See my tagline.
OPEC will really have the upper hand as it will have a bigger impact in manipulating prices. These severe fluctuations will then usher in Cap and Trade where we will will see those gas shortages. OPEC will then have even more leverage as countries beg them to increase output.
And this is what Obama wants.