Monday, June 30, 2008

Is this the best we could do?

Barack Obama worries that "unregulated energy speculators may be distorting the market." John McCain complains that "while a few reckless speculators are
counting their paper profits, most Americans are coming up on the short end."

These gentlemen clearly have taken to tossing out any idea of economics and are now in full-scale "pander to the idiots" mode. Here is one author who seems to understand that speculation is not the problem. I just wish I knew a way to profit from those fools who think speculation is the problem.

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