Thread: Obama's plan to fix Enron loop hole.
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Old 06-26-2008   #6 (permalink)
leagle
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Re: Obama's plan to fix Enron loop hole.
Quote:
debby
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There is no way to stop speculation when it's done on foreign soil.

If our government continues to tax the oil compainies they will only pass on the price to consumers. Which is what Obama wants to do.

Investigate What???
This site shows all they need to know about what to do. JUST DO IT!!!

We know what's making prices higher. What needs to be done now is "Do something!" Investigating is just going to cost taxpayers more hard earned money.
And how can a government tell investors how much or who they can invest in. It's just not the American way.
Obama's plan to tax is typical of Democrates. It's just not American to tax Americans for making money. If anyone should be punished it's those who speculated and made the price so over inflated. Oil compaines have a right to make money. It's their business. In the past I thought it was their fault. I was wrong. Even this site shows it's speculation not the oil compaines fault.
It will not work!
Do what? This makes absolutely no sense to me.

Commodities speculation is not illegal, immoral or unethical. It is an all-American way of making money. It's just risky, but then so is investing in oil companies, or investing in anything for that matter. Do you want market regulation or don't you?
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