Sunday, August 9, 2009

The Department of No Kidding!

Financial Times talks about oil.

'The nascent recovery in global economic activity could yet be derailed by rising oil prices, with Brent crude hitting $76 a barrel last week, its highest levels of the year to date.

In a blunt warning last week, Goldman Sachs called for a co-ordinated policy response to resolve the problems of commodity shortages, noting: “Although the financial crisis had been addressed, the commodity crisis has not.” '

No, really, let me add, really, who could of known!

Listen to Government Sucks: we got our bailout, now let's fix the real problem! I suppose Government Sucks wants the usual deal, a three day secret warning that Obama will subsidize Big Oil, so they can set their long position.

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