As the United States sinks further and further into this economic funk, I've really developed a great distaste for that group of sorry folks who do the buying and selling of oil.
As Bill Murray said in "Groundhog Day," "Somebody's got to stop them."
These people, who I will henceforth refer to as GRBs do not seem to care who they are hurting in America or what they're doing to the country in their quest for the almighty dollar.
A few days ago, oil was at $112 a barrel thanks to their greed. The US dollar is fast becoming almost worthless. Inflation is everywhere. Everything's going up except my paycheck, well, retirement check.
I have to think that Big Oil is right up to their GRB's in this whole mess. Those earnings are nothing less than obscene considering that it comes on the backs of the people.
If the GRBs are not careful, this whole country will come down, and then where will all their money be?
My recommendation would be to just close down the commodity market. If they can't play well with the other children, then they shouldn't be allowed to play. Perhaps, even a timeout is needed. Close the market on a temporary basis.
This Whole Mess is Really Starting to Bother Me. --RoadDog
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