Oil Price Manipulation 1.
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Don't forget what good ole Phil did to the residents of California with the rolling blackouts caused by share holders who conspired with electric utility companies to stage fake electricity shortages to justify a 20% increase in their electric bills. Phil is a corporatist PIG who does not represent the interest of the American people. He represented the interest of electric companies and their bottom line.
stopcorporatism 2 years ago
thats what deregulation gets u, this the same thing as insider trading.
foripu 3 years ago
Phil Gramm and his wife Wendy opened the floodgate of oil future speculation with what may be called the "Enron Loophole." Gramm is one of McCain's advisors. Deregulation in both the sub-prime market and oil futures is what has precipitated today's economic woes. Fully 1/3 of gasoline price is artificially inflated from speculators betting on higher oil prices. Gramm's buddies are making a mint at the expense of every American. Voting for McCain is a vote to further the rape of the common man.
rwbmusic 3 years ago 2