This has the potential to make the Libor scandal that roiled financial markets last year seem like a minor event. The fact oil prices were artificially manipulated by oil companies and hedge funds means any large scale trader with a nefarious goal could drastically affect the price of oil for political ends. Does the name George Soros ring a bell?
To: RayChuang88
Soros ought to be in prison.
2 posted on
05/18/2013 5:23:14 AM PDT by
Shady
(Abolish The IRS and Obamacare...it isn't going to cure anything...)
To: RayChuang88
Theres two ways to manipulate the price of oil, you can cut back production thus increasing demand or you buy up all the production or as much as you can and sit on it creating the same demand. Which one are they being accused of?
To: RayChuang88
Just going after deep pockets.
Call me when they go after the real culprits...OPEC
7 posted on
05/18/2013 5:58:54 AM PDT by
griswold3
To: RayChuang88
Would not be surprised Soros would be involved...
But, too many GOP are tied to Soros. McCain and Graham have received money from Soros via his Open Society group....and Marco Rubio’s Chief of Staff, Cesar Conda, worked for a Soros publication.
Too many in GOP are tied to Soros....nothing probably will happen
13 posted on
05/18/2013 6:27:15 AM PDT by
SeminoleCounty
(GOP - Greenlighting Obama's Programs)
To: RayChuang88
16 posted on
05/18/2013 7:01:24 AM PDT by
TArcher
("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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