Wednesday, July 28, 2010

Why are the Oil Speculators considered evil for increasing the price of oil, but the Real Estate?

Speculators were not evil for increasing the price of housing?Why are the Oil Speculators considered evil for increasing the price of oil, but the Real Estate?
Yes and a very good point





I think most home prices were vastly over priced..





I bought a house in 1991 and in a few years the price doubled





but then came this crises and down the prices came..





This was a false price as the homes were not worth double





just as stocks are vastly overpriced and then they too sometimes tank out...





Oil is a commodity and the oil production has ';peaked';





please see the documentary called ';:peaked'; on the oil industry and also ';maxed out '; on the credit card industry..





between the two documentaries you will see how the American public has been manipulated to make billionaires richer..it is a very sad commentary on the American dreamWhy are the Oil Speculators considered evil for increasing the price of oil, but the Real Estate?
Like getting screwed do you?





Maybe you'd like to tell them ';thank you,'; and give them a big kiss?





But if the government raises your taxes, that's different, right?
Because that is not what happened with the housing.





I do not think either are evil. They are smart business people.
Because people actually fell for the idea of raised value in your home equals a PIGGY BANK...





Borrowing Equity...





You cant borrow against the gas in your car.
They're all traitors. Kick them out of the country and send them to North Korea. Let them eat LEAVES!

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