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Ghost of Huey Long

(322 posts) Mon Jun 25, 2012, 12:17 PM Jun 2012

Koch Brothers Introduced Oil Speculation and are now using these massive profits to steal elections

How Koch Became An Oil Speculation Powerhouse
From Inventing Oil Derivatives To Deregulating The Market
http://thinkprogress.org/report/koch-oil-speculation/?mobile=nc

October 6, 1986: First oil derivative is introduced to Wall Street by traders at Koch. Koch Industries executive Lawrence Kitchen devised the “first ever oil-indexed price swap between Koch Industries and Chase Manhattan Bank. “Documents reveal that Koch is also participating in the unregulated derivatives markets as a financial player, buying and selling speculative products that are increasingly contributing to the skyrocketing price of oil.gas prices

Excessive energy speculation today is at its highest levels ever, and even Goldman Sachs now admits that at least $27 of the price of crude oil is a result from reckless speculation rather than market fundamentals of supply and demand. Many experts interviewed by ThinkProgress argue that the figure is far higher, and out of control speculation has doubled the current price of crude oil.

Why are we allowing this?

Why doesn't anyone know the real truth about this?

Because they pay the corporate media to lie, to manufacture consent, to blame someone else...like Obama!

This has nothing to do with Obama
U.S. Oil Exports Reach Record Highs; That’s Right…Exports
http://www.allgov.com/ViewNews/US_Oil_Exports_Reach_Record_Highs__Thats_Right__Exports_110905

This is about buying of a government to change laws to manipulate prices for everyone for the benefit of a few.

And then to use that profit to steal whatever is left that still belongs to the people.

4 replies

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Koch Brothers Introduced Oil Speculation and are now using these massive profits to steal elections (Original Post) Ghost of Huey Long Jun 2012 OP

whether or not you think they are stealing elections, they are buying them with citizens united Ghost of Huey Long Jun 2012 #1

Oil speculation is a giant ponzi scheme. Initech Jun 2012 #2

yes Ghost of Huey Long Jun 2012 #3

Financial terrorism is still terrorism. Initech Jun 2012 #4

Ghost of Huey Long

(322 posts)

1. whether or not you think they are stealing elections, they are buying them with citizens united

Reply to Ghost of Huey Long (Original post)

Mon Jun 25, 2012, 12:36 PM

Jun 2012

But the opportunity to steal elections is there, for a price, probably not too expensive to pay some Tech guy for 5 minutes.

It cost a bit more to buy off the media but not that much, they are probably cheap whores, just like our politicians.

Koch Brothers said their prosperity is under attack?

Koch brothers: wealth grew from $7.5 billion to $50 billion in last seven years

Initech

(100,081 posts)

2. Oil speculation is a giant ponzi scheme.

Reply to Ghost of Huey Long (Original post)

Mon Jun 25, 2012, 01:02 PM

Jun 2012

And I think the Koch roaches are learning from the mistakes of Bernie Madoff and buying governments to keep from being investigated and taken down l. Arrest them and try them for treason - they are the real terrorists in our society.

Ghost of Huey Long

(322 posts)

3. yes

Reply to Initech (Reply #2)

Mon Jun 25, 2012, 02:36 PM

Jun 2012

Financial Terrorists have ruined more lives and killed more people than what happened on 9/11

Initech

(100,081 posts)

4. Financial terrorism is still terrorism.

Reply to Ghost of Huey Long (Reply #3)

Mon Jun 25, 2012, 03:12 PM

Jun 2012

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