soros

McClellan's revelations. Where?

There are no "revelations" in McClellans book.
He only got a 2 million dollar advance which means that the book isn't going to make that much money for the publishing company which means it was put out solely for political purposes and a lib agenda.
McClellan was never a good press secretary. In fact, he sucked. He let Helen Thomas and David Gregory walk all over him.
Why?
Because he didn't ever really know what was going on. He was asked and encouraged to sit in on meetings but rarely ever did.
So, how in fact is he able to write a tell all when he was never really privy to insider information at the meetings.
If he was privy to anything important, than he's a modern day Judas who was disgruntled with his boss and stabbed him and his colleagues in the back.
Also, McClellan was hated and mocked by the press and now he's praised. Go figya that one out. Again, lib agenda. It only burns when it's burnin for us.
Let us not forget he was fired. Tony Snow replaced him and Snow actually sat in the briefings and meetings and presented issues to the press in a very knowledgeable way.
As the press still brings up Valerie Plame, we must remind liberal idiots everywhere that SHE WAS NOT COVERT!
Plame outed herself when she gave $1,000 three years earlier to the Gore campaign. Wilson also contributed. She listed her CIA "cover" company as her employer in her FEC filing. She said she worked for Brewster Jennings & Associates, a fictitious Boston-based firm designed to provide cover for some CIA operatives and employees. These are public records. She was not a covert CIA operative but a desk jockey at CIA headquarters in Langley, Va. Her name was certainly no secret, appearing in Wilson's "Who's Who In America" entry. She was there for a length of time that disqualified her from protection under the 1982 Intelligence Identities Protection Act.. Plame's identity was first disclosed to Russia by a Moscow spy in the mid-1990s.

This book will fizzle out like a bad fart.

If liberals like Keith Olbermental aka "bath tub boy" aka "2 minute Sam" want to learn any "revelations" about Bush and Iraq perhaps they should read the John Loftus Report, listen to FBI agents like George Piro and take a minute to know history.  As they will find that at the lead up to the first showdown with Saddam in 1991, Saddam hid his warplanes in Iran fearing they'd be destroyed by our bombers.  The libs would like to believe that Iran and Iraq hated each other but they forget "the enemy of my enemy is my friend".  The WMD is either in Iran or Syria.

Perhaps the only revelation that McClellan missed was that Bush waited TOO long to invade Iraq???

 

 

Fed's Launch Investigation of Oil Prices - Point to Hedge Fund Manipulation

You want to get some juice back.  It's time to start governing.  If there is any here, here the Justice Department should act swiftly and forcefully to restore faith in this administration.  Crossposted at RedMassGroup

I have suspected for a while that the price of oil is being artificially inflated by hedge fund managers and others. I had no proof so I haven't blogged about it. However it seems the Feds think there is something amiss with the oil futures markets. I believe that the hedge funds and other money mangers which control vast amounts of institutional i.e. union pension funds, and endowment wealth have used oil to make up for their losses in the subprime market.

"Federal regulators are six months into a wide-ranging investigation of U.S. oil markets, with a focus on possible price manipulation. more stories like this The Commodity Futures Trading Commission on Thursday said it started the probe in December and took the unusual step of publicizing it "because of today's unprecedented market conditions." Crude prices, which on Thursday hovered around $127 a barrel, have risen more than 42 percent since early December. Gasoline prices are nearing a national average of $4 a gallon, up from about $3.20 a year ago. The commission said details of the investigation remain confidential, but announced a handful of other initiatives designed to increase transparency of U.S. and international energy futures markets. For example, the CFTC said it will immediately require monthly reports from institutional investors who manage funds designed to mimic the price of crude oil and other energy futures. The goal, the agency said, is to identify the amount of such index trading and to "ensure that this type of trading activity is not adversely impacting the price discovery process." The CFTC also said it has reached an agreement with its British counterpart and InterContinental Exchange Inc.'s Futures Europe to expand surveillance of energy futures contracts with U.S. delivery points, including the benchmark West Texas Intermediate crude, which trades on the New York Mercantile Exchange...........

.........A Senate subcommittee investigation last year found that hedge fund Amaranth Advisors LLC, which collapsed in 2006 after losing more than $6 billion in natural-gas trades, had shifted its activities to ICE from the regulated Nymex to avoid trading limits, and that the "excessive speculation" raised homeowners' heating bills. Speculation has been cited as one on many factors contributing to surging petroleum prices, along with assumptions about new supplies, limited demand growth, possible supply disruptions overseas and the dollar's depressed value against other currencies."

Hopefully this action will help to stabilize prices. Even OPEC said they can't figure out why oil isn't 60-70 per barrel because based on supply and demand that is where it should be. Another completely unsubstantiated hunch, Soros has something to do with it. I thought he did during the spike of 2004 and think so now.

Syndicate content