Obama Points The Finger
Podcast: Download (Duration: 17:37 — 12.1MB)
Evil speculators at it again; outsourcing in Georgia, gold’s flight to quality
Podcast: Download (Duration: 17:37 — 12.1MB)
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

One US gallon = 3.78 litres
one litre @ $1.15 = $4.35 / US gallon
using $ at par
Obama is a coward in his attack on high gasoline prices. Setting up a surveillance comission to se that the consumer is not gouged. What a joke. The high oil prices are a combination of world shortages and the fall of the dollar from Bernanke ‘s money flood.
There are plenty of other lower cost liquid fuels – methanol for one – but no leadership and a cow towing to the donors of the oil industry. Arrogance, stupidity and cowardice.
No leadership.
Let’s kick it up a notch Irwin:
3.78 L/Gallon * $1.35/L (price on Saturday in Toronto) * 1.05 USD/CDN Dollar
=5.36 Dollars/Gallon
Ouch.