03/08/2011 07:21:01 PM EST

Video: Cenk on John Batchelor Show (Gas Prices)

posted by yturks

John Batchelor, John Avlon of CNN and Cenk Uygur of MSNBC talk about the rising price of gasoline.

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Video: Cenk on John Batchelor Show (Gas Prices) | 2 comments (2 topical, 0 hidden)
Shame on Cenk Uygur and John Avlon (none / 0)

 

These idiots not once mentioned in this video that deregulation, corrupt politicians and Wall Street speculation is the cause of rising oil prices.  John Avlon of CNN says we should "blame ourselves" and Cenk Uygur of MSNBC says it's the price of freedom by saying "freedom isn't free".  This is typical mainstream media propaganda. 

The national average for the real price of gas is suppose to be at $1.42 a gallon right now. However, due to speculation, the national average of gasoline is artificially inflated for last week was $3.53. For over 10 years you have been paying greedy rich corporations 60% more than you have to from heating your homes to filling up your tanks.  It is wealth redistribution from the poor and middle class America to Wall street and oil companies.

<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:Compatibility> <w:BreakWrappedTables> <w:SnapToGridInCell> <w:WrapTextWithPunct> <w:UseAsianBreakRules> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.000 1pt; mso-pagination:widow-orphan ; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]-->

<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:Compatibility> <w:BreakWrappedTables> <w:SnapToGridInCell> <w:WrapTextWithPunct> <w:UseAsianBreakRules> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.000 1pt; mso-pagination:widow-orphan ; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]-->The CFTC was established by Congress in 1974 specifically to prevent speculation from artificially inflating the price of commodities. Over time, its powers were slowly stripped.

<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:Compatibility> <w:BreakWrappedTables> <w:SnapToGridInCell> <w:WrapTextWithPunct> <w:UseAsianBreakRules> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.000 1pt; mso-pagination:widow-orphan ; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]-->In 2000, Congress (under lobby by Enron and other oil companies) removed the regulatory powers of the CFTC over American oil futures traded over the counter.

<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:Compatibility> <w:BreakWrappedTables> <w:SnapToGridInCell> <w:WrapTextWithPunct> <w:UseAsianBreakRules> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.000 1pt; mso-pagination:widow-orphan ; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]-->In response to calls for better regulation of oil futures, Congress introduced the Consumer-First Energy Act in May 2008. The bill would have extended CFTC oversight to foreign markets, but the act died on the Senate floor the following June. This was due to the corrupt politicians who are paid whores of oil companies and Wall Street.

 

After this last election...did you notice how the price went up? It is because most of the corrupt politicians that just got elected will not paid corporate whores who will not regulate....so Wall Street and oil companies can keep on stealing from you.

Shame on Cenk Uygur of MSNBC and John Avlon of CNN for spewing mainstream propaganda and blaming the average American when in reality it is Wall Street, corrupt politicians, and oil companies shafting you for over 10 years on the price you pay at the pumps.

If you want to learn more on how you have been getting ripped off see:


http://money.howstuffworks. com/oil-speculation-raise-g as-price.htm


 

by G0D on 03/14/2011 11:09:17 AM EST

Shame on Cenk of MSNBC (none / 0)
These idiots not once mentioned in this video that deregulation, corrupt politicians and Wall Street speculation is the cause of rising oil prices.  John Avlon of CNN says we should "blame ourselves" and Cenk Uygur of MSNBC says it's the price of freedom by saying "freedom isn't free".  This is typical mainstream media propaganda.

The national average for the real price of gas is suppose to be at $1.42 a gallon right now. However, due to speculation, the national average of gasoline is artificially inflated for last week was $3.53. For over 10 years you have been paying greedy rich corporations 60% more than you have to from heating your homes to filling up your tanks.  It is wealth redistribution from the poor and middle class America to Wall street and oil companies.

The CFTC was established by Congress in 1974 specifically to prevent speculation from artificially inflating the price of commodities. Over time, its powers were slowly stripped.

In 2000, Congress (under lobby by Enron and other oil companies) removed the regulatory powers of the CFTC over American oil futures traded over the counter.

In response to calls for better regulation of oil futures, Congress introduced the Consumer-First Energy Act in May 2008. The bill would have extended CFTC oversight to foreign markets, but the act died on the Senate floor the following June. This was due to the corrupt politicians who are paid whores of oil companies and Wall Street.

After this last election...did you notice how the price went up? It is because most of the corrupt politicians that just got elected will not paid corporate whores who will not regulate....so Wall Street and oil companies can keep on stealing from you.

Shame on Cenk Uygur of MSNBC and John Avlon of CNN for spewing mainstream propaganda and blaming the average American when in reality it is Wall Street, corrupt politicians, and oil companies shafting you for over 10 years on the price you pay at the pumps.

If you want to learn more on how you have been getting ripped off see:


http://money.howstuffworks. com/oil-speculation-raise-g as-price.htm

by G0D on 03/14/2011 11:19:30 AM EST

Video: Cenk on John Batchelor Show (Gas Prices) | 2 comments (2 topical, 0 hidden)
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