[Cashmere]

PriceControlsNeverWorkandAlwaysHurt

This is the part about which I wonder . . .

$this->bbcode_second_pass_quote('', 'B')ut Levin also said he is introducing a bill, calling for an end to all electronic loopholes, including the buying of oil electronically in regulated markets like the commodities exchange in London.

[americandream]

This is one contradiction of the capitalist market. In it euphoric embrace of no controls and rejection of all forms of regulation, it confronts its failures and consequently turns to the very mechanisms it professes to eschew, for relief.

Ironic!

[emersonbiggins]

$this->bbcode_second_pass_quote('americandream', 'T')his is one contradiction of the capitalist market. In it euphoric embrace of no controls and rejection of all forms of regulation, it confronts its failures and consequently turns to the very mechanisms it professes to eschew, for relief.

Ironic!

[bonehead]

It's about fucking time,think about it,almost every day the price goes up because of "geopolitical issues" like Iran cutting off supplies because of their nuclear program.The supplies never get cut off but the price just keeps going up day after day for the same reason.Katrina was a justified price spike,a real,not imagined event.There's no doubt that supplies are tight but i'm convinced there's a whole lot of greed out there.

[emersonbiggins]

$this->bbcode_second_pass_quote('bonehead', 'I')t's about fucking time,think about it,almost every day the price goes up because of "geopolitical issues" like Iran cutting off supplies because of their nuclear program.

[mattduke]

Price controls are people controls.

[Ferretlover]

No law is passed without a backdoor.
Just because someone plants a tree in the middle of the road, doesn't mean people won't walk Around it!

[mattduke]

Anyone who seriously desires prices controls doesn't believe in the concept of economics.

[Twilight]

$this->bbcode_second_pass_quote('Cashmere', '')$this->bbcode_second_pass_quote('', 'B')ut Levin also said he is introducing a bill, calling for an end to all electronic loopholes, including the buying of oil electronically in regulated markets like the commodities exchange in London.

[Pops]

I gotta wonder; So What?

Gamble all you want on futures but when the delivery date comes around, what the buyer is willing to pay on the open market pretty well sets the tone - no?

[MD]

Trading controls?? Knee jerks like this will start to occur all over the place, until somebody takes one on the chin.

This sudden commodities-run increases war risk by an order of magnitude or so, don't you think? Resource conflict historically accounts for what percentage of wars again? . . . anyone?

The majority? Perhaps even the vast majority?

[Cashmere]

MD.

Isn't it all?

Did anybody ever start a war just to kill and then retreat without booty?

I can't think of one.

I'm no historian, however.

[jlw61]

$this->bbcode_second_pass_quote('Pops', 'I') gotta wonder; So What?

Gamble all you want on futures but when the delivery date comes around, what the buyer is willing to pay on the open market pretty well sets the tone - no?

[MD]

$this->bbcode_second_pass_quote('Cashmere', 'M')D.

Isn't it all?

Did anybody ever start a war just to kill and then retreat without booty?

I can't think of one.

I'm no historian, however.