Comment Text:
It's getting harder and harder to live. Do I buy gas to get to work or make my house payment? After months of no work, I get a short-term job and have to spend $140 a week just getting to work. So the gas expense goes on the credit card which has already been overburdened by the very bad economy, that has just gotten worse the last two years. Without serious economic change, either the house bill or the credit card bill will not get paid.
As I see it, the problem is not speculators but the policies of president Obama that are causing the price of gasoline to spike. When campaigning, Obama said "Under my plan the cost of energy will necessarily skyrocket..." and apparently the President's plan has worked. The devaluation of our currency by the Fed and incompetent Tim Geithner has gone a long way to make sure that oil costs much more. The President's moratorium and politicization of off-shore drilling while at the same time funding Brazil to drill for oil is obscene at best and further damages our country. No need to look at speculators, the problem is the man in the White House. And the man in the White House is going to be responsible for even more home foreclosures as people struggle to just survive.
