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To: LomanBill
If you can’t/don’t intend to take physical delivery of the commodity you shouldn’t be allowed to trade....

Agree 100%. Most people do not know that 4 men basically in NYC (4 firms) possessed 71% of all the oil futures contracts for July 2008.

And the SEC regulates how?

Food, clean water, oil and electrical power will be the commodities that are run on next. We've just witnessed this summer the use of a non-native minnow to fry 30% of the agriculture in central CA.

I say oil because Zeewoe's thugs, the EPA, etc. are on an all out push to ban exploratory drilling of the coasts off the US and all federal lands not covered to date.

14 posted on 02/14/2010 7:42:00 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt
>>And the SEC regulates how?

It is my observation the S.E.C. couldn't find it's own arse with two hands and a SQL statement telling them exactly how to find every loan application for which Argent Mortgage (Aka Ameriquest, Now Aka Citi Mortgage) falsified FICO scores.



Where's LEO?
21 posted on 02/14/2010 8:44:23 AM PST by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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