My column a couple of weeks ago predicted that the word "speculators" would be heard a lot between now and the 2012 election. Senator Bernie Sanders, the socialist from Vermont who caucuses with the Democrats, fits the prediction: "To my mind, there is no question, that the same people on Wall Street, who caused this recession in the first place, which has been so devastating to the American people, are at it again, in terms of speculation in oil futures, driving up the price of oil very substantially." YouTube video of Mr. Sanders here and embedded below:
Sanders on Speculators
https://www.futureofcapitalism.com/2011/05/sanders-on-speculators
by Ira Stoll | Related Topics: Capital Markets Regulation, Energy, Politics receive the latest by email: subscribe to the free futureofcapitalism.com mailing list