“At this point in time”

I guess the word “now” is to complicated.

Once again the democrats put up a wishy-washy democrat. The democrats deserve to lose this election. As to the national DNC not pouring money into this election, just proves the Democratic Party is just a tool of corporate interests.

And I guess Obama’s “good walking shoes” to stand with labor must be out at the shoemakers, getting buffed up for his “progressive” transformation during an election year.

Of course the election will be close. Why would anyone think otherwise. We have two candidates that are offering agendas that differ at most on very minute items.

Not to worry, the banksters will just have to overthrow some more governments.

Wow, I didn’t know Obama called Cheney out of retirement!

Just another Obama program to enhance the “trickle up” economy. Or should we call it the “gush” up economy.

Someone needs to hold a teach in on oil hedging for you fogies. Speculation plays an important role in maintaining a functional economy. Blaming Wall Street is so 2009. get over it.

You are correct speculators play an important role in a market and you need them for liquidity. BUT traditionally the oil markets, and for that matter most commodity markets, had about a 10 percent speculators, to 90 percent end users. The ratio today is about 60 percent speculators to 40 percent end users. It has been as high as 88 percent speculators to 12 percent end users.

Speculators used to have caps on the amount of futures contracts they could hold at any one time, until the Commodity Futures Act for 2001 was passed. Funny how that coincided with the continuous run up in prices.

Increase margin requirements to 30 or 40 percent, limit speculators to 15 percent of the market, and watch oil plummet 30 or 40 percent in a week.

The problem is that the real Democratic party went by the wayside with the election of Clinton. Obama is just carrying on the tradition of destroying the Democratic party. Hell, Ronald Regan was a better Democrat than what we have now!

Why do I have a feeling that there will be another “settlement” with the banksters waiving their liability on this issue?

Call me a cynic!

Should we start a betting pool to see which Wall Street firm Holder goes to after the election?

Why would Obama use reconciliation when he got everything he wanted passed and it was passed in the form he wanted.

Did anyone really expect anything different?

Talk about a perfect poster child of what is wrong with America, this is the guy!

“The rules have been changed here,” he said in a radio interview. “The sanctity of their contracts is certainly lessened.”

Union contracts have been broken time and time again. Never heard Gross whine about those contracts.

Just shows you the banksters will screw anyone and everyone, including a fellow bankster!

One can only hope one day the Democrats will learn to be Democrats.

You mean a bill written by big pharma, health insurance companies, hospitals and Wall Street, isn’t popular?. Oh say it ain’t so! Who woulda thunk?

David,

I know you have been a fan of Schneiderman and thought he would actually do something. Let this be a lesson to you that when the banksters want something they will get exactly what they want.

This country is no longer ruled by the people, it’s ruled by the banksters. Actually the whole world is ruled by the banksters. Look what they did to the Greek people. The Greeks are basically slaves to the European banksters and will remain that way for many years to come.

The democratic party of today makes Ronald Reagan look like a progressive. At least back then people actually went to jail for the S & L crises.

By the way look for Schneiderman to take a 7 figure job on Wall Street in the near future. He’s a slime ball like the rest of the politicians in this country.