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Nancy Pelosi Issues Statement On Soaring Gas Prices

Tyler Durden's picture




 

Warning: Not for the faint of heart.

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the rising gas prices across the country:

 

“Independent reports confirm that speculators are driving up the cost of oil, hurting consumers and potentially damaging the economic recovery. Wall Street profiteering, not oil shortages, is the cause of the price spike.  In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development.

 

“We need to take strong action to protect consumers from this speculation.  Unfortunately, Republicans have chosen to protect the interests of Wall Street speculators and oil companies instead of the interests of working Americans by obstructing the agencies with the responsibility of enforcing consumer protection laws.  They have also repeatedly opposed our efforts to end billions of dollars in outdated taxpayer subsidies for oil companies enjoying record profits.

 

“We support efforts by the Obama Administration to expand domestic energy resources, including natural gas and renewable sources like wind and solar that create jobs in America and will end our dangerous dependence on foreign energy supplies.  This can be achieved because today, the United States currently has more oil and gas rigs at work than the rest of the world combined, and imports of foreign oil have decreased.

 

“We call on the Republican leadership to act on behalf of American consumers and join our efforts to crack down on speculators who care more about their profits than the price at the pump even if these spikes harm the American consumer and our economy.”

Speculators? Such as the Federal Reserve and other central banks who have pumped $2 trillion of "liquidity" into the capital markets in the past 3 months just so Italian BTPs don't implode to fair value and so Europeans can continue living in a socialist "paradise" even as the bankers steal their gold?

Or is it the same congressional speculators who until recently had every right to front run the public on advance knowledge that the SPR would be tapped due to Democrat insistence to sacrifice America's last energy backstop only to win the election?

Or is Nancy simply pissed off that she can no longer trade ahead of any market moving news?

Whatever the reason for the gas surge, with these idiots in charge one thing is certain - the situation is about to get far, far worse.

Solyndra4eva!

 

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Wed, 02/22/2012 - 18:55 | 2186803 Rainman
Wed, 02/22/2012 - 19:09 | 2186864 Matt
Matt's picture

Ron Burgundy syndrome; they just read what's on the teleprompter.

Wed, 02/22/2012 - 23:07 | 2187639 SonOfSam
SonOfSam's picture

She doesn't need to retire, someone needs to put her in a pine box and bury that witch...shes actually been dead for several years now, and they're just using her as a "weekend at Bernies" sort of coverup. Shit, you don't really think her constituents would frigging NOTICE, do you?

Wed, 02/22/2012 - 18:55 | 2186801 css1971
css1971's picture

I love you MDB. Can you send me an autographed photo?

Wed, 02/22/2012 - 18:59 | 2186824 Uchtdorf
Uchtdorf's picture

Are you dat wascally wascal (try reading that in your best Elmer Fudd voice) who only writes in satricial terms? Did you lose your day job over at The Onion or something?

Wed, 02/22/2012 - 19:04 | 2186846 Offtheradar
Offtheradar's picture

Left wing, Right wing, Nut sling.  Wake the fuck up!!  Politicians don't stand up for you unless you've got lots of dough!

Wed, 02/22/2012 - 19:22 | 2186913 MillionDollarBonus_
MillionDollarBonus_'s picture

You just don't get it do you? Speculators trade in DERIVATIVES. Derivatives are basically BETS on prices, which is like GAMBLING. Speculators need to be stopped, and it is only the liberals that realize this.

Wed, 02/22/2012 - 19:26 | 2186932 DosZap
DosZap's picture

MillionDollarBonus_

Pls go back to your Job with ACORN, or the SEIU.(from whence your MDB will come from).

You ASSUME much don't you.

You think we are stupid about how these money changers work?.

Good lord man, get a grip.

 

Thu, 02/23/2012 - 04:02 | 2188121 Temporalist
Temporalist's picture

I want to commend Pelosi on her command of "fear speak" which keeps the elite in power. She's mastered the manipulation of the public mind with her hypocritical double-speak and it's a sight to see. The audience on Jon Stewart couldn't applaud enough for their idol of elitism.  Other than that she's human sewage.

Wed, 02/22/2012 - 19:46 | 2187001 Al Gorerhythm
Al Gorerhythm's picture

MDB, just cast your little intellect into imagining that you are in real life, "Vizzini. You seem to be one of those true believers who has been educated above you abilities to use deductive reasoning. Your story ends like this.

Man in Black: I challenge you to a battle of wits. 
Vizzini: For the Princess? 
Man in Black: [nods
Vizzini: To the death? 
Man in Black: [nods
Vizzini: I accept! 

Man In Black pours two goblets of wine, one supposedly poisoned. 

 Man in Black: All right. Where is the poison? The battle of wits has begun. It ends when you decide and we both drink, and find out who is right... and who is dead. 

 

Vizzini: But it's so simple. All I have to do is divine from what I know of you: are you the sort of man who would put the poison into his own goblet or his enemy's? Now, a clever man would put the poison into his own goblet, because he would know that only a great fool would reach for what he was given. I am not a great fool, so I can clearly not choose the wine in front of you. But you must have known I was not a great fool, you would have counted on it, so I can clearly not choose the wine in front of me. 
Man in Black: You've made your decision then? 
Vizzini: Not remotely. Because iocane comes from Australia, as everyone knows, and Australia is entirely peopled with criminals, and criminals are used to having people not trust them, as you are not trusted by me, so I can clearly not choose the wine in front of you. 
Man in Black: Truly, you have a dizzying intellect. 
Vizzini: Wait till I get going! Now, where was I? 
Man in Black: Australia. 
Vizzini: Yes, Australia. And you must have suspected I would have known the powder's origin, so I can clearly not choose the wine in front of me. 
Man in Black: You're just stalling now. 
Vizzini: You'd like to think that, wouldn't you? You've beaten my giant, which means you're exceptionally strong, so you could've put the poison in your own goblet, trusting on your strength to save you, so I can clearly not choose the wine in front of you. But, you've also bested my Spaniard, which means you must have studied, and in studying you must have learned that man is mortal, so you would have put the poison as far from yourself as possible, so I can clearly not choose the wine in front of me. 
Man in Black: You're trying to trick me into giving away something. It won't work. 
Vizzini: IT HAS WORKED! YOU'VE GIVEN EVERYTHING AWAY! I KNOW WHERE THE POISON IS! 
Man in Black: Then make your choice. 
Vizzini: I will, and I choose - What in the world can that be? 
Man in Black: [Vizzini gestures up and away from the table. Roberts looks. Vizzini swaps the goblets
Man in Black: What? Where? I don't see anything. 
Vizzini: Well, I- I could have sworn I saw something. No matter. First, let's drink. Me from my glass, and you from yours. 
Man in BlackVizzini: [Vizzini and the Man in Black drink
Man in Black: You guessed wrong. 
Vizzini: You only think I guessed wrong! That's what's so funny! I switched glasses when your back was turned! Ha ha! You fool! You fell victim to one of the classic blunders - The most famous of which is "never get involved in a land war in Asia" - but only slightly less well-known is this: "Never go against a Sicilian when death is on the line"! Ha ha ha ha ha ha ha! Ha ha ha ha ha ha ha! Ha ha ha... 
Vizzini: [Vizzini stops suddenly, his smile frozen on his face and falls to the ground dead

 

Wed, 02/22/2012 - 22:18 | 2187525 FrankDrakman
FrankDrakman's picture

Geez, long, boring, unfunny, and not at all germane to the discussion. Practice your drivel elsewhere, and come back when you have honed your skills.

Wed, 02/22/2012 - 22:52 | 2187606 saulysw
saulysw's picture

I disagree. That's classic dialogue from a classic film. I enjoyed reading it again.

Wed, 02/22/2012 - 23:45 | 2187752 Al Gorerhythm
Al Gorerhythm's picture

Frank, you are obviously not versed in the classics.

Thu, 02/23/2012 - 00:19 | 2187818 FrankDrakman
FrankDrakman's picture

What "classic"? Perhaps if you posted a reference, I might check it out. But, regardless, how is it on point to posts about batshit crazy Pelosi is?

 

Thu, 02/23/2012 - 00:31 | 2187834 Al Gorerhythm
Al Gorerhythm's picture

Frank, for your eludication, I'm inferring to how batshit crazy MDB is. He made another of his batshit crazy comments; I replied.  

For your reference, http://www.youtube.com/watch?v=U_eZmEiyTo0

 The Princess Bride, 1987, is a children's classic. Worth a watch. My kids adored it and as adults have made it a keeper in their video files, to show their kids.

Thu, 02/23/2012 - 04:51 | 2188238 The Navigator
The Navigator's picture

The Princess Bride, a true classic.

http://www.imdb.com/title/tt0093779/

Wed, 02/22/2012 - 21:47 | 2187429 Everybodys All ...
Everybodys All American's picture

You really have no clue what you're talking about and that puts you on par with Pelosi. Stupid people like Pelosi can be very dangerous and you by the way are as dumb as they come as well and I hope you are not in a position of power.

Wed, 02/22/2012 - 23:37 | 2187730 Sabibaby
Sabibaby's picture

I can't believe the number of idiots who can't tell sarcasm on this board without some super geeky-@$$ /sarc at the end of the post. You're dumb not to see the joke...

Wed, 02/22/2012 - 23:12 | 2187654 SonOfSam
SonOfSam's picture

Hey Mbot the "speculators" wouldn't be betting on higher prices if the TelePrompter in Chief would stop shutting down every last drop of local production. Yeah, its so much better to NOT drill our own oil in the gulf, or get energy from Canada through a pipeline; lets make sure we get it from 11000 miles away so we have a handy excuse to get involved in stupidass Middle East wars that never end, right? 

gtf outta here fool: go slurp up some more kool aid with the rest of the ObamaNazis

 

Wed, 02/22/2012 - 23:30 | 2187706 MFL8240
MFL8240's picture

You should study up on what you’re writing, I have been a trader for 35 years and derivatives are increasing leverage on an underlying contract.  They do little to change price and they are legal financial instruments.  Enough with the Obama bullshit lies and deception, you want the laws changed then vote in someone who will repeal the Dodd-Franks fiasco!

 

Wed, 02/22/2012 - 19:25 | 2186928 ifishivote
ifishivote's picture

Is that you Paul Krugman?

Wed, 02/22/2012 - 19:27 | 2186938 Al Gorerhythm
Al Gorerhythm's picture

Major Douche Bag.

Wed, 02/22/2012 - 23:33 | 2187717 Sabibaby
Sabibaby's picture

I wonder how long it's going to take for people to realize it's a joke... or sarcasm put the calculators down and have a laugh...

Wed, 02/22/2012 - 19:55 | 2187050 andia
andia's picture

Aren't the Republicans same as Democrats? After all they both serve the same evil master.

Wed, 02/22/2012 - 20:07 | 2187088 lincolnsteffens
lincolnsteffens's picture

Hey Commissar, you are wasting your time here. No, you are too ignorant (I didn't say stupid) to carry on a meaningful

dialogue with. Move along and save your federal reserve notes for your retirement. good luck.

Wed, 02/22/2012 - 20:31 | 2187148 astroloungers
astroloungers's picture

<sarc>There, I took the liberty of fixing that for you. And I gave you green also....you are good!

Wed, 02/22/2012 - 20:26 | 2187153 Dr Bob
Dr Bob's picture

MDB - a paid obama troll? a member of obama's truth squad? last i read its only those in Washington getting bonuses.

Wed, 02/22/2012 - 22:20 | 2187528 Buckaroo Banzai
Buckaroo Banzai's picture

C'mon guys. MDB is pure comedy troll.

Wed, 02/22/2012 - 23:16 | 2187663 SonOfSam
SonOfSam's picture

Hey Doc Bob, why should MDB get paid in Benny bucks? His real goal is to be double tea bagged by Krugman and Geithner

Wed, 02/22/2012 - 20:36 | 2187183 Robslob
Robslob's picture

MDB...I'd fuck her with your pussy...

Wed, 02/22/2012 - 20:41 | 2187199 Meremortal
Meremortal's picture

The left and freedom just don't mix. Regulate regulate regulate. Funny, when Bush was in, the high prices were all his and Cheney's fault. Now it's evil speculators. Anyone who understand futures trading on even a simple level knows speculators serve a needed purpose and contribute to more stable prices of goods and services. You going to tell me that speculators have raised gas prices by 83% during Obama's term? What were they waiting for if it's that easy?

It was Obama's first Sec of Energy who said the USA needed to pay European level prices for gas. We are getting there. Europe's gas prices and Europe's growth rates. Terrific. But it's all the fault of the party that only controls one branch of the govt and can't pass anything. Riiight. 

Wed, 02/22/2012 - 20:50 | 2187233 mayhem_korner
mayhem_korner's picture

Greedy profiteers WILL pay their FAIR SHARE of money to the government.

 

Sounds like an endorsement for a flat tax, MDB.

BTW, whilst you're puking up left-wing blood, tell us this:  Why [Soros] is [Buffet] it [Corzine] that [Gore] left-wing [Gates] richies' [Moore] names [Huffington] so [Colbert] freely [Clinton] roll [Pelosi] off [Stephanopoulos] the [O'Donnell] tongue?

Thu, 02/23/2012 - 05:09 | 2188297 The Navigator
The Navigator's picture

Greedy profiteers = someone who made more than you.

pay their FAIR SHARE of money to the government = pay MORE money to the Govt.

C'mon guys, we know their dialect.

And paying More to the Govt hasn't solved ONE problem since all this shit started. Not the war on poverty, the war on drugs, the "no child left behind", not a single shitty thing the crooks in goverment have promised.

How do these morons even drive themselves home after work with single digit brain cells firing. This is the crowd that keeps getting Pelosi elected.

Wed, 02/22/2012 - 21:07 | 2187289 chopper read
chopper read's picture

who does 'speculating in gold' harm?  Isn't it just a barbaric relic? 

Wed, 02/22/2012 - 21:07 | 2187292 Tegrat
Tegrat's picture

Six years ago, with a Republican in the White House, gasoline prices were up around $3 a gallon. Pelosi and her fellow Democrats could not resist trying to turn that into a political issue.

"With skyrocketing gas prices," the San Francisco liberal raved, "it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular gasoline — 33 cents higher than last month, and double the price than when President Bush first came to office."

Pelosi blamed the "two oil men in the White House." She said Democrats had a "common-sense plan to help bring down skyrocketing gas prices." She demanded that the Federal Trade Commission investigate "price-gouging." Hillary Clinton, Harry Reid, Rahm Emmanuel and many other Democrats parroted the party line that (in Clinton's words) "Today's record-high gas prices are the price that the American people are paying for the Bush administration's failed energy policies."

Democrats seized control of Congress. Pelosi became speaker of the House. And gasoline prices? They continued to skyrocket — to almost $4 a gallon. So much for the Democrats' "common-sense plan."

Wed, 02/22/2012 - 21:07 | 2187296 bigkahuna
bigkahuna's picture

@ MillionDollarBonus:

 

trrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrroooooooooooooooooooooooooooooooooooooooooollllllllllllllllllllllllllllllllllllllllll!!!!!!!!!!!!!!!

Wed, 02/22/2012 - 21:15 | 2187333 Everybodys All ...
Everybodys All American's picture

Democrats, Socialists, Marxists, and Communists all stand up for the little guy and then they push him off the cliff when the money runs out.

Wed, 02/22/2012 - 21:41 | 2187435 cranky-old-geezer
cranky-old-geezer's picture

 

 

The Democrats are the ONLY party that stands up for the little guy.

Hmmmmm...... I don't recall Democrats refusing to participate in Congress's insider trading program.

Wed, 02/22/2012 - 22:02 | 2187443 Justaman
Justaman's picture

Who are the idiots that elect idiots?   

Wed, 02/22/2012 - 22:44 | 2187560 Dead Canary
Dead Canary's picture

And while were're at we have to put a stop to Ron Paul and his band of Libertarian "thugs" and the unholy profits they have made pushing gold to insane levels just to line their own pockets.

Ron Paul is a devil worshiper and puppy kicker.

Wed, 02/22/2012 - 23:08 | 2187643 Sam Clemons
Sam Clemons's picture

What about all those years of declining oil prices?  Speculators decided not to make money those times?

Wed, 02/22/2012 - 23:09 | 2187648 twotraps
twotraps's picture

MillionDollarBullshit......I take Pride in being number -245.  Cheers.

Wed, 02/22/2012 - 23:10 | 2187651 F22
F22's picture

MDB,

I wish you had an Avatar more like Robotrader's.....it might help your updings....

 

Wed, 02/22/2012 - 23:28 | 2187699 agNau
agNau's picture

Picture for the mentally challenged:
http://research.stlouisfed.org/fred2/series/AMBSL
Explain the kindness in this from the controlling Democrat party?
This is a picture of massive inflation/hyperinflation.
I have yet to hear an objection from a single Democrat. Please link IF you can find one.
The Libertarian party is the ONLY party wanting to stop this.
Check your browser settings.

Wed, 02/22/2012 - 23:37 | 2187732 agNau
agNau's picture

Now that I think about it, the FED is quite possibly the Biggest speculator in history! They have taken the largest one sided trade ever.....and continue to add to position.
Wonder when Wall Street will offer a triple short ETF the Federal Reserve?

:o

Wed, 02/22/2012 - 23:30 | 2187705 Sabibaby
Sabibaby's picture

The Democrats are the ONLY party that stands up for the little guy. Libertarians, republicans and other ignorant right-wing interests will almost always support the speculators and traders over average American citizens. America is starting to stand up to right-wing bullies. We are sick and tired of right-wing morons talking about “cuts to the budget” and “personal responsibility”, and we are not going to take it any longer. Speculators WILL be regulated and controlled. Greedy profiteers WILL pay their FAIR SHARE of money to the government. Libertarians have profited for too long from speculative bets on gold and oil, and now it’s time they started giving something back to the community.

 

Thumbs up MDB!!! Your posts are welcome, always spot on from a silly perspective...

Thu, 02/23/2012 - 20:22 | 2191243 skully1969
skully1969's picture

Always good for a laugh!

Wed, 02/22/2012 - 23:40 | 2187739 fockewulf190
fockewulf190's picture

How does $5 billion of national debt being heaped onto the American people every single day somehow not shows up on the democratic partys radar screen? Much sooner than later, this debt time bomb is going to explode, and when it does, the power of our lawmakers to even have a semblance of control on just how cuts can be made will disintergrate with. Speculators and bankers have played a role in causing economic chaos, but overwhelmingly, the biggest threat to the average American is the continual spending of money we don't have, the continual printing of trillions of dollars of money out of thin air which is devaluating every single Americans paycheck and retirement savings, and the insane 0% interest rate policy of the Fed. Obama and the democrats could tax the rich at even double the rate of today, but it still would not solve our debt and entitlement liability issues. Worse, it would drive massive amounts of capital out of the country, and employment opportunities with it...leaving the little guy with a fistful of foodstamps and no job.

Thu, 02/23/2012 - 00:30 | 2187840 Sun Tsu
Sun Tsu's picture

What Radar?

Repeat their Lies enough and (51%) of the voting sheeple is all that need to believe.

Reengineer the family structure and the dumb down the public education system first.

Thu, 02/23/2012 - 00:22 | 2187826 jtg
jtg's picture

MillionDollarBonus, you are suffering an extreme case of cognitive dissonance.

Thu, 02/23/2012 - 01:16 | 2187924 deKevelioc
deKevelioc's picture

He's pushing buttons.

Thu, 02/23/2012 - 01:15 | 2187923 deKevelioc
deKevelioc's picture

I know, I know, tongue in cheek.

Thu, 02/23/2012 - 06:43 | 2188444 blueridgeviews
blueridgeviews's picture

The Democrats have been in charge of congress since January  2007.

The Democrats have had total control of DC since 2009.

THIS little guy can't take much more of this help.

Is this country better off than it was 5 years ago?? Vote the Democrats OUT!!!

Thu, 02/23/2012 - 07:25 | 2188462 mogul rider
mogul rider's picture

Speculation like greed is good. Besides playing video games in my momma's basement instead of working and speculating which is our historical social imperative is not what I see as a great future for myself or my kids.

 

But the commies sure think it's great.

Besides front running Washington kinda has a sexy ring to it.

Thu, 02/23/2012 - 20:21 | 2191237 skully1969
skully1969's picture

I hope this is sarcasm...no one could be this ignorant. Unless your real name is Obama....

Tue, 02/28/2012 - 03:35 | 2202978 FlyPaper
FlyPaper's picture

Nice Trolling MillionDollarBonus!  LOL.

Wed, 03/21/2012 - 14:18 | 2277274 MeelionDollerBogus
MeelionDollerBogus's picture

Wow. That one is a serious -394. Good job on that. Just goes to show how far you've let your standards slip... recent comments are only sitting at -45, maybe even -93. Come on, you can do eeet!

Wed, 02/22/2012 - 18:36 | 2186696 willien1derland
willien1derland's picture

@GetZeeGold - Now THAT is influence - make the demand & have it realized! We need YOU in DC!

Wed, 02/22/2012 - 20:23 | 2187141 Iconoclast
Iconoclast's picture

Lol.. Excellent ... ;-)

Wed, 02/22/2012 - 21:02 | 2187268 Harbourcity
Harbourcity's picture

Zerohedge should print up some shirts that say "FREE JON CORZINE!"

Wed, 02/22/2012 - 21:10 | 2187305 AbruptlyKawaii
AbruptlyKawaii's picture

 

 

     __\_\___               ___/_/__
   /_______ \___       ___/\_______\
           \_\  \/__/\_____/\__\/  /_/
                    \/_____\/                      __
                     \o | o/_____ ________________/\_\
                      \ | /_______\_______________\/
                       \_/        /                           |

Wed, 02/22/2012 - 22:21 | 2187447 Die Weiße Rose
Die Weiße Rose's picture

whats that ?

Wed, 02/22/2012 - 22:47 | 2187588 slewie the pi-rat
slewie the pi-rat's picture

the doe-eyed pelosi

Wed, 02/22/2012 - 18:26 | 2186646 SGS
SGS's picture

I'm willing to bet a 1 oz gold ASE that if they were to put Joan Rivers up there in place of Nancy, no one would notice that it was her.

Wed, 02/22/2012 - 23:33 | 2187716 rufusbird
rufusbird's picture

Best laugh I have had all week. I am still drooling...

Wed, 02/22/2012 - 18:30 | 2186660 TruthInSunshine
TruthInSunshine's picture

Dear Mrs. Pelosi (and your Wall Street, federal reserve note AUM husband):

 

As you know beyond a shadow of a doubt, the most important factor for the rise in price in oil and oil-derived/dependant products is that Benjamin S. Bernanke, the Chairman of the esteemed Federal Reserve Bank (a non-federal and very much reserveless non-bank entity), has been literally passing out near-free federal reserve notes to banking and financial institutions, many of whom have an implicit too-big-to-fail taxpayer backstop no matter how reckless their actions, that these entities have used to invest in all manner of asset classes, including oil futures (as they bear no risk of loss for losing trades, on top of the fact that the fed funds rate is ridiculously low).

I thought I'd clear that up for your constituents who are too stupid to believe your tripe.

Now, STFU forever please.

 

Thank you.

Wed, 02/22/2012 - 18:33 | 2186672 Conrad Murray
Conrad Murray's picture

What does the S. stand for in Benny Whorebucks' name?

Wed, 02/22/2012 - 18:40 | 2186691 TruthInSunshine
TruthInSunshine's picture

As far as I can tell, Shalom.

Ben Shalom Bernanke

And an edit to my post above; I guess his first name is 'Ben,' rather than 'Benjamin.'

 

p.s - Who has had more botox injected into their face? WhorePelosi, John Boner or John Kerry?

Wed, 02/22/2012 - 18:42 | 2186733 Xibalba
Xibalba's picture

"Or is Nancy simply pissed off that she can no longer trade ahead of any market moving news?"

 

 

ding ding ding....we have a weenr

Wed, 02/22/2012 - 23:11 | 2187653 StormShadow
StormShadow's picture

They can still buy land next to their pork projects

Thu, 02/23/2012 - 01:18 | 2187925 deKevelioc
deKevelioc's picture

I that case, I love you long time.

Wed, 02/22/2012 - 18:40 | 2186722 willien1derland
willien1derland's picture

Kudos TiS - You had me at 'a non-federal and very much reserveless non-bank entity'...ZH site needs to add the ability to add multiples of green arrow points at times like these! Well said!

Wed, 02/22/2012 - 19:30 | 2186956 spastic_colon
spastic_colon's picture

Mark my words, this will be used as spin when gas prices begin falling right before the election, and credit given to the Dems, this is obvious political gamesmanship, at least to most of us

Wed, 02/22/2012 - 20:11 | 2187098 lincolnsteffens
lincolnsteffens's picture

I think you should rephrase the political gamesmanship part to illegal manipulation of the financial markets. The RICO act

would be a good place to start.

Wed, 02/22/2012 - 22:49 | 2187597 TruthInSunshine
TruthInSunshine's picture

Just a postscript - I'm not PC by any means, but my response to the question of what the 'S' that is Bernanke's middle name stands for was a factual, non-pejorative, non-snarky answer.

I do find it somewhat ironic that The Bernank's middle name means 'peace' in Hebrew, yet his actions have been a significant factor in the unrest and violence taking place in many nations due to things such as skyrocketing food and energy prices.

Wed, 02/22/2012 - 23:55 | 2187768 palmereldritch
palmereldritch's picture

TIS, it's probably long overdue that the foreign criminal ponzi known as the Federal Reserve be referred to for what it truly is, more like the Fraudulent Preserve...

Wed, 02/22/2012 - 18:43 | 2186740 ilion
ilion's picture

Is this photo taken right before or after when she gave a b.owjob to her wall street daddy?

Wed, 02/22/2012 - 18:56 | 2186787 vast-dom
vast-dom's picture

 I DIDN'T VOTE FOR ANY OF THESE FUCKTARDS! AND FUCK THE CAPITAL GAINS TAXES THEY'LL WANT FROM MY OIL POSITION PROFITS! 

Wed, 02/22/2012 - 19:34 | 2186970 Buck Johnson
Buck Johnson's picture

Trust me if you think Corzine's MF Global was the only one, I have a bridge to sell you.  There are alot more that have done this and continue to do this

Wed, 02/22/2012 - 21:32 | 2187404 Eireann go Brach
Eireann go Brach's picture

CUNT!

Wed, 02/22/2012 - 22:31 | 2187550 Gringo Viejo
Gringo Viejo's picture

I live in the Bay Area. Stone sociopath on pharmacologicals.

Wed, 02/22/2012 - 23:02 | 2187627 StormShadow
StormShadow's picture

The picture in this post makes me think Boehner shanked her with his Boner.

And on that topic, fuck a John Boehner!  Sellout doesn't even begin to describe his treachery.

Wed, 02/22/2012 - 23:25 | 2187691 masterinchancery
masterinchancery's picture

Interesting question is who is the bigger criminal, Corzine being merely guilty of grand theft commo, or Pelosi, the running dog of crony capitalism and corrupt favor selling.  Maybe Ladbrokes could make odds.

Wed, 02/22/2012 - 23:32 | 2187713 Gully Foyle
Gully Foyle's picture

OH NOES!

http://jalopnik.com/5887265/tesla-motors-devastating-design-problem

Tesla Motors’ Devastating Design Problem

Tesla Motors' lineup of all-electric vehicles — its existing Roadster, almost certainly its impending Model S, and possibly its future Model X — apparently suffer from a severe limitation that can largely destroy the value of the vehicle. If the battery is ever totally discharged, the owner is left with what Tesla describes as a "brick": a completely immobile vehicle that cannot be started or even pushed down the street. The only known remedy is for the owner to pay Tesla approximately $40,000 to replace the entire battery. Unlike practically every other modern car problem, neither Tesla's warranty nor typical car insurance policies provide any protection from this major financial loss. Here's how it happens.

Despite this "brick" scenario having occurred several times already, Tesla has publicly downplayed the severity of battery depletion risk to both existing owners and future buyers. Privately though, Tesla has gone to great lengths to prevent this potentially brand-destroying incident from happening more often, including possibly engaging in GPS tracking of a vehicle without the owner's knowledge.

...

How To Brick An Electric Car

A Tesla Roadster that is simply parked without being plugged in will eventually become a "brick". The parasitic load from the car's always-on subsystems continually drains the battery and if the battery's charge is ever totally depleted, it is essentially destroyed. Complete discharge can happen even when the car is plugged in if it isn't receiving sufficient current to charge, which can be caused by something as simple as using an extension cord. After battery death, the car is completely inoperable. At least in the case of the Tesla Roadster, it's not even possible to enable tow mode, meaning the wheels will not turn and the vehicle cannot be pushed nor transported to a repair facility by traditional means.

The amount of time it takes an unplugged Tesla to die varies. Tesla's Roadster Owners Manual [Full Zipped PDF] states that the battery should take approximately 11 weeks of inactivity to completely discharge [Page 5-2, Column 3: PDF]. However, that is from a full 100% charge. If the car has been driven first, say to be parked at an airport for a long trip, that time can be substantially reduced. If the car is driven to nearly its maximum range and then left unplugged, it could potentially "brick" in about one week.[1] Many other scenarios are possible: for example, the car becomes unplugged by accident, or is unwittingly plugged into an extension cord that is defective or too long.

When a Tesla battery does reach total discharge, it cannot be recovered and must be entirely replaced. Unlike a normal car battery, the best-case replacement cost of the Tesla battery is currently at least $32,000, not including labor and taxes that can add thousands more to the cost.

Wed, 02/22/2012 - 23:47 | 2187758 SwingForce
SwingForce's picture

Smells like FISH, tuna?

Wed, 02/22/2012 - 18:19 | 2186611 Big Corked Boots
Big Corked Boots's picture

She left out "it's Bush's fault."

Wed, 02/22/2012 - 18:39 | 2186715 CrashisOptimistic
CrashisOptimistic's picture

It may not have occurred to her that speculators might be the only thing holding the price down.

Wed, 02/22/2012 - 19:19 | 2186903 Ropingdown
Ropingdown's picture

And it may not have occured to her that the price of oil will go nowhere but up as Hillary and Obama hint more and more of war with Iran.  No mysteries lately.  Put aside the fact that the major speculators have backed her crowd heavily for years now.

Wed, 02/22/2012 - 18:19 | 2186612 DrewJackson
DrewJackson's picture

What a  inside trading douche she is!  

Wed, 02/22/2012 - 21:25 | 2187379 Ceteris paribus
Ceteris paribus's picture

She it just pissed because she is holding a lot of oil shorts.

Wed, 02/22/2012 - 18:19 | 2186613 Stoploss
Stoploss's picture

Fuckin A.

Wed, 02/22/2012 - 18:19 | 2186614 JohnnyBriefcase
JohnnyBriefcase's picture

Whew!

I'm glad it has nothing to do with the rabid dog that is Israel and it's insatiable thirst for war.

Wed, 02/22/2012 - 18:33 | 2186661 SMG
SMG's picture

Israel's leaders along with Nancy Pelosi are Luciferian Illuminati puppets.  The ruling Illumianti families are orchestrating this whole economic and political mess, they are the ones to blame.

 

Wed, 02/22/2012 - 18:35 | 2186685 israhole
israhole's picture

"Luciferian Illuminati"?  You mean Zionist Jews, right?

Wed, 02/22/2012 - 18:38 | 2186712 JohnnyBriefcase
JohnnyBriefcase's picture

Yes, that's what he meant.

Wed, 02/22/2012 - 18:56 | 2186793 SMG
SMG's picture

Nope, not what I meant.  Illuminati religion which is practiced by many of the elite,is a seperate religion, with Lucifer is at the top, and you believe you are a god, and do all kinds of unspeakable things. 

Wed, 02/22/2012 - 20:27 | 2187157 engineertheeconomy
engineertheeconomy's picture

same godamned thing as saying zionist jew motherfucker

Wed, 02/22/2012 - 20:46 | 2187218 SMG
SMG's picture

no, it's not.

Wed, 02/22/2012 - 23:27 | 2187697 tmosley
tmosley's picture

Probably includes zionist Christians and zionist atheists as well.

Wed, 02/22/2012 - 18:39 | 2186714 Waffen
Waffen's picture

and their Shabbos goy yes..

Wed, 02/22/2012 - 23:26 | 2187695 tmosley
tmosley's picture

Does that make the Pastafarian Illuminati Italians?

Wed, 02/22/2012 - 18:19 | 2186615 EscapeKey
EscapeKey's picture

Does anyone really care what those self-serving whores read off a teleprompter?

Wed, 02/22/2012 - 18:21 | 2186623 Death and Gravity
Death and Gravity's picture

I was about to express my strong disapproval of the bitch's gumflapping, then I read your post, and I agree.

Politicians and their idiocy is not worth getting worked up over, life is too short.

Wed, 02/22/2012 - 18:40 | 2186720 Waffen
Waffen's picture

I care more about the liberal zombies that will believe it.

Wed, 02/22/2012 - 19:34 | 2186972 unrulian
unrulian's picture

who cares? if things continue the way they are going those same idiocracrats will ensure your life is much shorter

Wed, 02/22/2012 - 18:20 | 2186617 goldencross10
goldencross10's picture

Oil printing!

Wed, 02/22/2012 - 19:35 | 2186978 unrulian
unrulian's picture

i wish i could print diesel for my F250

Wed, 02/22/2012 - 18:20 | 2186618 Lazarus Long
Lazarus Long's picture

CUNT is to kind of a word for her. Bleeding gash comes the closest

Wed, 02/22/2012 - 18:35 | 2186687 Rip van Wrinkle
Rip van Wrinkle's picture

I'm sorry to say I'm using that word more and more these days. Can anyone give me a nicer word that provides just as big an insult? Many thanks in anticipation.

Wed, 02/22/2012 - 18:43 | 2186742 Cheesy Bastard
Cheesy Bastard's picture

Hillary.

Wed, 02/22/2012 - 18:53 | 2186783 Dr.Vannostrand
Dr.Vannostrand's picture

LOL! Perfect!

Thu, 02/23/2012 - 04:10 | 2188148 Temporalist
Temporalist's picture

Hillary and Pelosi are so gross I wouldn't fuck either with Merkel's dick...

Wed, 02/22/2012 - 18:53 | 2186788 DoChenRollingBearing
DoChenRollingBearing's picture

Nice!

Wed, 02/22/2012 - 19:07 | 2186851 Doña K
Doña K's picture

In my circles She is known as the scull. Stare at her face and bring your eyes out of focus. You will see why. Scan for traces of gray matter. I could not see any.

Wed, 02/22/2012 - 19:34 | 2186971 spastic_colon
spastic_colon's picture

+1    ;D

Wed, 02/22/2012 - 20:28 | 2187163 Iconoclast
Iconoclast's picture

Lol..

Thu, 02/23/2012 - 03:37 | 2188083 Al Gorerhythm
Al Gorerhythm's picture

"You are a real Hillary". Beautiful!!! Great insult.

Wed, 02/22/2012 - 18:55 | 2186799 Widowmaker
Widowmaker's picture

Call her moose-knuckle for short.

Wed, 02/22/2012 - 19:25 | 2186927 eatthebanksters
eatthebanksters's picture

crack...

Wed, 02/22/2012 - 18:45 | 2186756 Atomizer
Atomizer's picture

Lazarus, you beat me at posting that very word which perfectly disscribes Nancy. Well done.

Wed, 02/22/2012 - 19:30 | 2186954 Village Idiot
Village Idiot's picture

I thought Palin was "moose-knuckle"

Wed, 02/22/2012 - 19:23 | 2186915 DosZap
DosZap's picture

She is a REPLICANT, I love how Millionaires(made from taxpayers lands) attain power spew lies,trying to be relevant again, and all that while licking the sweat from a Kenyans nads.

Wed, 02/22/2012 - 21:38 | 2187423 thedrickster
thedrickster's picture

Tw'air - A twat hair.

Wed, 02/22/2012 - 18:20 | 2186620 apberusdisvet
apberusdisvet's picture

Americans just got bitch slapped by the biggest bitch on the planet (sorry Hillary, you are only in 2nd place).

Wed, 02/22/2012 - 18:22 | 2186621 bob_dabolina
bob_dabolina's picture

Maybe she should take that stretched out piece of football leather, otherwise known as her face, and STFU and retire. 

Bat shit crazy D o double G

Wed, 02/22/2012 - 18:41 | 2186726 Waffen
Waffen's picture

An early forced, life retirement would be much better.

Wed, 02/22/2012 - 23:33 | 2187718 masterinchancery
masterinchancery's picture

Maybe she could become a rigger when ANWAR gets opened up, find out what oil really means the hard way.

Wed, 02/22/2012 - 18:21 | 2186622 chunkylover42
chunkylover42's picture

speculators driving the rise in oil prices is the herpes of conspiracy theories - we can't get rid of it no matter how many facts prove otherwise.

Wed, 02/22/2012 - 18:55 | 2186785 I Got Worms
I Got Worms's picture

But the frequency with which talking heads blame the speculators is more predictable than herpes flareups.

Wed, 02/22/2012 - 19:28 | 2186939 eatthebanksters
eatthebanksters's picture

it's the easiest way for them to get the uniformed masses behind them...those damned rich speculators and inside taders...oh that would be Nancy!

Wed, 02/22/2012 - 23:29 | 2187704 masterinchancery
masterinchancery's picture

Nixon blamed "speculators", i.e. people who realized that the US rigged gold market was far too low, when he closed the gold window in 1971.

Wed, 02/22/2012 - 23:35 | 2187725 masterinchancery
masterinchancery's picture

And more annoying.

Wed, 02/22/2012 - 18:21 | 2186624 Lost Wages
Lost Wages's picture

I like people in Congress who pretend they didn't vote for the laws that allowed the banks to get away with murder.

Wed, 02/22/2012 - 18:23 | 2186630 dwdollar
dwdollar's picture

And make themselves rich in the process...

Wed, 02/22/2012 - 23:36 | 2187728 masterinchancery
masterinchancery's picture

I like them as candidates for... the guillotine.

Wed, 02/22/2012 - 18:21 | 2186625 cherry picker
cherry picker's picture

I don'tcare what their excuse is.  When energy goes through the roof, recession is around the corner.  That is not an economist's view, it is from a man who lived through a few of these things.  Then they will up the interest rates to battle inflation, causing more inflation.

There are alternatives, like groups of people importing gas and smuggling it in.  If the government and its crony corpoorate executives are bound and determined to screw us, well what do they expect?

Here is to the black market.

Wed, 02/22/2012 - 18:57 | 2186808 I Got Worms
I Got Worms's picture

But isn't the problem that there is no way to raise rates to tame inflation this time around?

Wed, 02/22/2012 - 19:41 | 2186999 XitSam
XitSam's picture

Now you're catching on.

Thu, 02/23/2012 - 00:41 | 2187449 thedrickster
thedrickster's picture

DV01 bitchez?

A thumbs down, really?

Wed, 02/22/2012 - 19:17 | 2186896 Bob Sacamano
Bob Sacamano's picture

FYI -- "they" do not want to "battle inflation."  They desparately need inflation.  Need a debased currency to pay debts. 

Wed, 02/22/2012 - 18:22 | 2186628 notadouche
notadouche's picture

OMFG I thought that wicked witch was off getting more plastic surgery.  If she would only get her lips sewn shut the world would be a far better place.  I wish we could get a look into how much speculation she has been able to profit off of over her many years in the Senate.  We know of what she did with CLNE but I wonder how many millions she has banked over the years.  Favorite politician cry, evil speculators, which anyone who invest in anything is and of course I'm sure she will next call someone a racist before the presidential election is over. Never fails.  Just wait.

Wed, 02/22/2012 - 19:30 | 2186957 eatthebanksters
eatthebanksters's picture

her face brings back memories of an old porn movie...that face was the target of a massive circle jerk...

Wed, 02/22/2012 - 20:25 | 2187151 The Disappointed
The Disappointed's picture

The image of that, eatthebanksters, just made me throw up dinner.

Thanks for sharing.

Wed, 02/22/2012 - 20:47 | 2187224 notadouche
notadouche's picture

Bukaki anyone?

Wed, 02/22/2012 - 21:30 | 2187395 Ceteris paribus
Ceteris paribus's picture

If she has another face lift she will have a beard.

Wed, 02/22/2012 - 18:22 | 2186629 fuu
fuu's picture

Nancy, you ignorant slut.

Wed, 02/22/2012 - 21:47 | 2187452 thedrickster
thedrickster's picture

"ignorant twair".

There, now its fixed. Realistically though who is ignorant, the disingenous twair or the assholes that will believe her?

Wed, 02/22/2012 - 18:24 | 2186632 Cult_of_Reason
Cult_of_Reason's picture

OK, Madam Pelosi

You can start with the leading "speculator" and oil price inflator Ben Bernanke.

 

Wed, 02/22/2012 - 18:23 | 2186634 MiguelitoRaton
MiguelitoRaton's picture

Why can't she frontrun it? insider trading in congress is still legal.

Wed, 02/22/2012 - 18:24 | 2186637 dwdollar
dwdollar's picture

She's just pissed she missed the rally.

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