Mr. Pickles
Footballguy
It is.Thanks for the post MT. I was most surprised byI thought California is fairly solid Democrat territory from a presidential perspective.Colorado, Virginia, and California are next-most likely to determine the election
It is.Thanks for the post MT. I was most surprised byI thought California is fairly solid Democrat territory from a presidential perspective.Colorado, Virginia, and California are next-most likely to determine the election
My read on it: Although Doyle appeared to be over her head as "campaign manager," she got that job by being incredibly competent as Clinton's "chief of staff." She just ran into the Peter Principle (also referred to, I think, as the Dilbert Principle). That is, people get promoted out of their competence level.That being said, she was hired to be the VP's Chief of Staff -- her very expertise. Maybe it is a signal that Obama is moving away from Clinton. But maybe (kill me now) it is a signal that Obama will, indeed pick Clinton as his VP. And Doyle will once again be Clinton's COS. I dunno, though.Orange Crush said:That is a very odd choice, since Doyle was outrageously incompetent in her position as Clinton's campaign manager. She kept the fact that the campaign was hemorraghing money and didn't have anywhere near the amounts coming in to justify the rate of expenditure to herself. A lot was made at the time that Doyle must have been terrified to tell Sen. Clinton the truth, and what kinds of insights that showed into Clinton's personality, temperament, and leadership style.Sulla said:I don't know if this has already been posted, but it is a potential insight into the Democratic VP selection process:
Apparently the Clinton camp isn't taking this very well:Former Clinton Campaign Manager Joins Obama Team
The Obama campaign is about to make its first big hire out of the campaign of Hillary Rodham Clinton. Patti Solis Doyle, who was Hillary Rodham Clinton’s campaign manager until she was ousted in a staff shake up in February, will join Mr. Obama’s campaign as the chief of staff to the vice presidential candidate – whoever he (or she) will be, campaign officials said
http://thecaucus.blogs.nytimes.com/2008/06...ins-obama-team/A "thanks, but no thanks" from Obama to Hillary?Solis Doyle -- who after her firing midway through the primaries is no longer on speaking terms with much of the Clinton inner circle, including the senator herself -- has been tapped to serve as chief of staff to the future vice presidential running mate. Not exactly a signal that Obama is considering Hillary Clinton for the job.
At least that's how Clinton loyalists see it. "It's a slap in the face," Susie Tompkins Buell, a prominent Clinton backer, said in an interview. "Why would they put somebody that was so clearly ineffective in such a position? It's a message. We get it." She said it was a "calculated decision" by the Obama team to "send a message that she [Clinton] is not being considered for the ticket."
http://blog.washingtonpost.com/the-trail/2...ml?hpid=topnews
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
I'm kinda puzzled by it too. Why alienate her supporters even more than they are? Surely there's some logic in here that I'm missing.I could. This was a dumb move. Didn't gain him anything and possibly cost him much. Not the smart play.And I for one couldn't be any happier.Well, any confusion about Hillary as VP has probably ended. That 2% chance is more like 0% today.
Spiderman, here's the bounce I believe you were looking for.Another take:Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
*** Now here’s the bounce: A few recent national polls -- which have shown Obama leading McCain by single digits after he essentially wrapped up the Democratic nomination -- have led some in the media to ask: Where’s the bounce? Well, here it is… Obama is now leading in three of the biggest battleground states, according to a new Quinnipiac survey. In Florida, it’s Obama 47%, McCain 43%. In Ohio, it’s Obama 48%, McCain 42%. And in Pennsylvania, it’s Obama 52%, McCain 40%. For the McCain camp, those PA numbers have to be particularly frustrating. And if Obama's getting a bounce like this in Florida now, imagine what happens after a few days of bad off-shore oil drilling press in the state for McCain.
How can he possibly be leading in Florida, after all of those poor anygry disenfranchised voters??Seriously, the fact that he is even close in Florida at this point, after all that has gone on (not campaigning there, the Muslim rumors which probably scare the h### out of the old Jewish ladies, Farakhan/Wright flap, not a huge percentage are black, the flap about their votes not counting, and then only counting half as much, the fact that Hillary blew him away there, the fact that Florida has a GOP governor) is hugely surprising to me. I had written FL off, already, hoping to be pleasantly surprised. If Florida is in any way in play at THIS POINT in the general election, McCain is in real trouble.Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
Also, looking at the electoral math, McCain HAS to win both Florida and Ohio. There's only one possible scenario I can see where McCain wins without Florida that is at all within the realm of reality - he must win Ohio, Michigan, Missouri, Colorado, New Mexico, Nevada, North Carolina, and Virginia. All of these are projected battleground states.If he does win Florida, there's about thirty different combinations of battleground state wins to get him to 270 EVs, and 25 of them include winning Ohio.How can he possibly be leading in Florida, after all of those poor anygry disenfranchised voters??Seriously, the fact that he is even close in Florida at this point, after all that has gone on (not campaigning there, the Muslim rumors which probably scare the h### out of the old Jewish ladies, Farakhan/Wright flap, not a huge percentage are black, the flap about their votes not counting, and then only counting half as much, the fact that Hillary blew him away there, the fact that Florida has a GOP governor) is hugely surprising to me. I had written FL off, already, hoping to be pleasantly surprised. If Florida is in any way in play at THIS POINT in the general election, McCain is in real trouble.Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
I think the number of her "core supporters" is dropping rapidly. I'm not sure it will be a significant number by the time we hit the end of July.I'm kinda puzzled by it too. Why alienate her supporters even more than they are? Surely there's some logic in here that I'm missing.I could. This was a dumb move. Didn't gain him anything and possibly cost him much. Not the smart play.And I for one couldn't be any happier.Well, any confusion about Hillary as VP has probably ended. That 2% chance is more like 0% today.
c'mon, what would the MSM have done if they couldnt raise a stink about FL and MI? I've been saying for months that NO ONE in Florida, outside of a few confused old jewish ladies (its ok i'm jewish)...but no one is/was upset about the Dem primary. It was all just a concocted story by the MSM and an effort by HRC to fan the flames and help her campaign. Oh, and Spidey...does that fit your 10-13 pt "bump"? Or, would you like to invent another reason why Obama is in trouble? Don't worry, i'll wait while you listen to Rush to see what to do next.How can he possibly be leading in Florida, after all of those poor anygry disenfranchised voters??Seriously, the fact that he is even close in Florida at this point, after all that has gone on (not campaigning there, the Muslim rumors which probably scare the h### out of the old Jewish ladies, Farakhan/Wright flap, not a huge percentage are black, the flap about their votes not counting, and then only counting half as much, the fact that Hillary blew him away there, the fact that Florida has a GOP governor) is hugely surprising to me. I had written FL off, already, hoping to be pleasantly surprised. If Florida is in any way in play at THIS POINT in the general election, McCain is in real trouble.Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
Do you believe that Quinnipac University polls are biased yet? They are giving Obama a 4 point lead in Florida. Rasmussen has McCain with a 10 point lead and Obama's own camp came out talking about ways to win the election without carrying Florida or Ohio. They have Ohio to Obama by 6%, which Rasmussen has to McCain by 1%. They give Obama a 12% lead in Pennsylvania, which is basically locked up, but Rasmussen says its a 2% Obama lead, in the margin of error. Can you explain the gaping polling numbers in this data any other way? There is a 14 point gap in Florida, 7% in Ohio, and 10% in Pennsylvania. These are the same geniuses that predicted a blowout by Al Gore the night before the election and a win by John Kerry a week out. There is liberal bias in many of these polling agencies and that has to be taken with a grain of salt.How can he possibly be leading in Florida, after all of those poor anygry disenfranchised voters??Seriously, the fact that he is even close in Florida at this point, after all that has gone on (not campaigning there, the Muslim rumors which probably scare the h### out of the old Jewish ladies, Farakhan/Wright flap, not a huge percentage are black, the flap about their votes not counting, and then only counting half as much, the fact that Hillary blew him away there, the fact that Florida has a GOP governor) is hugely surprising to me. I had written FL off, already, hoping to be pleasantly surprised. If Florida is in any way in play at THIS POINT in the general election, McCain is in real trouble.Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
Yes.It appears that the Rasmussen poll for Florida that you reference was for a May 19 survey, while the Quinnipiac poll is from June 9-16: Link. The Rasmussen poll for Ohio that you appear to be referencing was for a May 15 survey, while the Quinnipiac poll was from June 9-16: Link. And the Rasmussen poll for Pennsylvania that you appear to be referencing was for a May 21 survey, while the Quinipiac poll was taken from June 9-16: Link. In short, the Quinipiac polls are current, while the Rasmussen polls you appear to be citing are a month old.Do you believe that Quinnipac University polls are biased yet? They are giving Obama a 4 point lead in Florida. Rasmussen has McCain with a 10 point lead and Obama's own camp came out talking about ways to win the election without carrying Florida or Ohio. They have Ohio to Obama by 6%, which Rasmussen has to McCain by 1%. They give Obama a 12% lead in Pennsylvania, which is basically locked up, but Rasmussen says its a 2% Obama lead, in the margin of error. Can you explain the gaping polling numbers in this data any other way?How can he possibly be leading in Florida, after all of those poor anygry disenfranchised voters??Seriously, the fact that he is even close in Florida at this point, after all that has gone on (not campaigning there, the Muslim rumors which probably scare the h### out of the old Jewish ladies, Farakhan/Wright flap, not a huge percentage are black, the flap about their votes not counting, and then only counting half as much, the fact that Hillary blew him away there, the fact that Florida has a GOP governor) is hugely surprising to me. I had written FL off, already, hoping to be pleasantly surprised. If Florida is in any way in play at THIS POINT in the general election, McCain is in real trouble.Obama up in PA, OH and FL according to latest Quinnipiac University Poll
Obama is ahead of McCain by a statistically significant margin in each state. He leads 47 percent to 43 percent in Florida; 48 to 42 percent in Ohio and 52 to 40 percent in Pennsylvania, the poll found.
Exactly. By the time we hit the convention her supporters by and large will be Obama supporters. In the end they are Democrats.I think the number of her "core supporters" is dropping rapidly. I'm not sure it will be a significant number by the time we hit the end of July.I'm kinda puzzled by it too. Why alienate her supporters even more than they are? Surely there's some logic in here that I'm missing.I could. This was a dumb move. Didn't gain him anything and possibly cost him much. Not the smart play.And I for one couldn't be any happier.Well, any confusion about Hillary as VP has probably ended. That 2% chance is more like 0% today.
bigbottom said:Interestingly, for the major battleground state polls that were actually conducted by Rasmussen in the month of June (Michigan, Wisconsin, Virginia, and Missouri), Rasmussen has Obama leading in every one. Link, Link, Link and Link.
Rasmussen's June polls also cover Iowa (Obama by 7 points), Minnesota (Obama by 13 points), New Jersey (Obama by 9 points), Oregon (Obama by 8 points) and Washington (Obama by 18 points). Rasmussen's June polls for Georgia, North Carolina and Texas have McCain with the edge (10, 2 and 13 points respectively).
So even if you dismiss all the other polls, and rely solely on Rasmussen's surveys, the numbers for June are looking fairly bleak for McCain.
Wow only 2 points in NC? If McCain loses NC that would be huge. And I would say given the margin of error Georgia is in play. Another huge flashing trouble sign.bigbottom said:Interestingly, for the major battleground state polls that were actually conducted by Rasmussen in the month of June (Michigan, Wisconsin, Virginia, and Missouri), Rasmussen has Obama leading in every one. Link, Link, Link and Link.
Rasmussen's June polls also cover Iowa (Obama by 7 points), Minnesota (Obama by 13 points), New Jersey (Obama by 9 points), Oregon (Obama by 8 points) and Washington (Obama by 18 points). Rasmussen's June polls for Georgia, North Carolina and Texas have McCain with the edge (10, 2 and 13 points respectively).
So even if you dismiss all the other polls, and rely solely on Rasmussen's surveys, the numbers for June are looking fairly bleak for McCain.
Obama's bounce in state polling Below is a just-the-numbers list of all states that have been polled since the conclusion of the Democratic primaries that were also polled by that same polling firm in May; positive numbers indicate an Obama lead.State May June ChangeAR Rasmussen -24 -9 +15KY SurveyUSA -24 -12 +12OH Quinnipiac -4 +6 +10KS Rasmussen -19 -10 +9FL Quinnipiac -4 +4 +8NY Siena +11 +18 +7WA Rasmussen +11 +18 +7PA Quinnipaic +6 +12 +6WI Rasmussen -4 +2 +6IA Rasmussen +2 +7 +5VA Rasmussen -3 +1 +4MI Rasmussen -1 +3 +4WA SurveyUSA +14* +17 +3NC Rasmussen -3 -2 +1NC Civitas -5 -4 +1MN Rasmussen +15 +13 -2MN SurveyUSA +5 +1 -4OR Rasmussen +14 +8 -6=========================================AVERAGE -0.7 +4.7 +5.4
Obama camp thinks they can take both of those states. Based on the primary alone in GA, I agree. The turnout was amazing. Clinton staying in so long allowing the democrats to get a head start on voter registration in all 50 states is going to be huge in these swing states IMO.Wow only 2 points in NC? If McCain loses NC that would be huge. And I would say given the margin of error Georgia is in play. Another huge flashing trouble sign.bigbottom said:Interestingly, for the major battleground state polls that were actually conducted by Rasmussen in the month of June (Michigan, Wisconsin, Virginia, and Missouri), Rasmussen has Obama leading in every one. Link, Link, Link and Link.
Rasmussen's June polls also cover Iowa (Obama by 7 points), Minnesota (Obama by 13 points), New Jersey (Obama by 9 points), Oregon (Obama by 8 points) and Washington (Obama by 18 points). Rasmussen's June polls for Georgia, North Carolina and Texas have McCain with the edge (10, 2 and 13 points respectively).
So even if you dismiss all the other polls, and rely solely on Rasmussen's surveys, the numbers for June are looking fairly bleak for McCain.
Taking NC and Georgia would be shocking. And it would mean of course that McCain pretty much got landslided.Obama camp thinks they can take both of those states. Based on the primary alone in GA, I agree. The turnout was amazing. Clinton staying in so long allowing the democrats to get a head start on voter registration in all 50 states is going to be huge in these swing states IMO.Wow only 2 points in NC? If McCain loses NC that would be huge. And I would say given the margin of error Georgia is in play. Another huge flashing trouble sign.bigbottom said:Interestingly, for the major battleground state polls that were actually conducted by Rasmussen in the month of June (Michigan, Wisconsin, Virginia, and Missouri), Rasmussen has Obama leading in every one. Link, Link, Link and Link.
Rasmussen's June polls also cover Iowa (Obama by 7 points), Minnesota (Obama by 13 points), New Jersey (Obama by 9 points), Oregon (Obama by 8 points) and Washington (Obama by 18 points). Rasmussen's June polls for Georgia, North Carolina and Texas have McCain with the edge (10, 2 and 13 points respectively).
So even if you dismiss all the other polls, and rely solely on Rasmussen's surveys, the numbers for June are looking fairly bleak for McCain.
The interesting thing is besides for the Quinn polls which actually have Obama's support among blacks north of 90%, most every other poll has it in the 60-80% range...so even so a lot of these Rasmussen polls show a relatively tight race, I don't know how close they are in reality. Similar thing to the polling in these states in the primaries.Wow only 2 points in NC? If McCain loses NC that would be huge. And I would say given the margin of error Georgia is in play. Another huge flashing trouble sign.bigbottom said:Interestingly, for the major battleground state polls that were actually conducted by Rasmussen in the month of June (Michigan, Wisconsin, Virginia, and Missouri), Rasmussen has Obama leading in every one. Link, Link, Link and Link.
Rasmussen's June polls also cover Iowa (Obama by 7 points), Minnesota (Obama by 13 points), New Jersey (Obama by 9 points), Oregon (Obama by 8 points) and Washington (Obama by 18 points). Rasmussen's June polls for Georgia, North Carolina and Texas have McCain with the edge (10, 2 and 13 points respectively).
So even if you dismiss all the other polls, and rely solely on Rasmussen's surveys, the numbers for June are looking fairly bleak for McCain.
Deep breaths...it's june, the general election has just begun.Plenty can happen to turn the tide. A bad debate, an off-the-cuff remark, reminders of Rev Wright on stage, the list goes on. What we can tell from this is that Obama has gone into the general election running, and appears to be in a good position to compete with McCain in enough states to give him a fair shot at the presidency.The polling numbers from the last few weeks are phenomenal....300+ EVs entirely possible at this point.
Yeah this is just so much fun with numbers right now. But I am betting the McCain camp isn't to happy.Deep breaths...it's june, the general election has just begun.Plenty can happen to turn the tide. A bad debate, an off-the-cuff remark, reminders of Rev Wright on stage, the list goes on. What we can tell from this is that Obama has gone into the general election running, and appears to be in a good position to compete with McCain in enough states to give him a fair shot at the presidency.The polling numbers from the last few weeks are phenomenal....300+ EVs entirely possible at this point.
Joe says we can't be overconfident.Again - it won't even be close.
IIRC, Obama's up by about the same amount Kerry was up in June 04, Gore was up in June 00, and Dole was up in June 96.Deep breaths...it's june, the general election has just begun.Plenty can happen to turn the tide. A bad debate, an off-the-cuff remark, reminders of Rev Wright on stage, the list goes on. What we can tell from this is that Obama has gone into the general election running, and appears to be in a good position to compete with McCain in enough states to give him a fair shot at the presidency.The polling numbers from the last few weeks are phenomenal....300+ EVs entirely possible at this point.
I just spit soda.Joe says we can't be overconfident.Again - it won't even be close.
I could maybe give you Kerry and Gore, but I don't believe Dole ever polled ahead of Clinton.IIRC, Obama's up by about the same amount Kerry was up in June 04, Gore was up in June 00, and Dole was up in June 96.Deep breaths...it's june, the general election has just begun.Plenty can happen to turn the tide. A bad debate, an off-the-cuff remark, reminders of Rev Wright on stage, the list goes on. What we can tell from this is that Obama has gone into the general election running, and appears to be in a good position to compete with McCain in enough states to give him a fair shot at the presidency.The polling numbers from the last few weeks are phenomenal....300+ EVs entirely possible at this point.
Nice ad.
I give it about a 7.
Really? I go 9.3...the only higher rankings for me involve boobies and/or cheerleaders.I give it about a 7.
Political ads that go to 9 make me want to stand up and salute.Then again, I already know a bit about Obama (I've already stood up and "saluted" him, if you know what I mean) so maybe it will have more impact in the red/battleground states.Really? I go 9.3...the only higher rankings for me involve boobies and/or cheerleaders.I give it about a 7.
Political ads that go to 9 make me want to stand up and salute.Then again, I already know a bit about Obama (I've already stood up and "saluted" him, if you know what I mean) so maybe it will have more impact in the red/battleground states.Really? I go 9.3...the only higher rankings for me involve boobies and/or cheerleaders.I give it about a 7.

Looks like a cross behind him.Nice ad.
Yes it does.Looks like a cross behind him.Nice ad.
...says the mega flip-flopper.If what McCain says is true... then McCain should be disqualified.McCain, for his part, painted the issue as a character test, saying: "This election is about a lot of things. It's also about trust. It's about keeping your word."
McCain opted in when it benefitted him. Then he opted out when it didn't benefit him. Now that it benefits him to have both of them opt in, he wants to opt in again. But if Obama doesn't opt in, then he won't opt in....says the mega flip-flopper.If what McCain says is true... then McCain should be disqualified.McCain, for his part, painted the issue as a character test, saying: "This election is about a lot of things. It's also about trust. It's about keeping your word."
As stated in another thread: It will be very interesting if McCain starts raising a great deal of money.McCain opted in when it benefitted him. Then he opted out when it didn't benefit him. Now that it benefits him to have both of them opt in, he wants to opt in again. But if Obama doesn't opt in, then he won't opt in....says the mega flip-flopper.If what McCain says is true... then McCain should be disqualified.McCain, for his part, painted the issue as a character test, saying: "This election is about a lot of things. It's also about trust. It's about keeping your word."
Four crosses. But they're not glowing luminously like Huck's so it's unlikely God approves.Looks like a cross behind him.Nice ad.
no doubt. Just hope everyone realizes this race is going to get MUCH closer as November draws nearer.June 22nd, Rasmussen Tracking - Obama 49, McCain 42 - Obama +7June 21st, Newsweek - Obama 51, McCain 367 - Obama +15Obama: Favorable unfavorable, Newsweek: Favorable 62, Unfavorable 26 - Obama Favorable +36McCain: Favorable unfavorable, Newsweek: Favorable 49, Unfavorable 37 - McCain Favorable +12General Election: McCain vs Obama , Gallup, Obama 46, McCain 44 - Obama +2California: McCain vs Obama, Survey USA, Obama 53, McCain 41, Obama +12Washington: McCain vs Obama, Survey USA, Obama 55, McCain 40, Obama +15General Election: McCain vs Obama, USA Today/Gallup, Obama 50, McCain 44, Obama +6Interesting numbers.
Obama vows crackdown on energy speculatorsBy JOHN DUNBAR – 1 hour agoWASHINGTON (AP) — Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing price of oil.The Democratic candidate's campaign singled out the so-called "Enron loophole" for allowing speculators to run up the cost of fuel by operating outside federal regulation. Oil closed near $135 a barrel on Friday — almost double the price a year ago."My plan fully closes the Enron loophole and restores commonsense regulation as part of my broader plan to ease the burden for struggling families today while investing in a better future," Obama said in a campaign statement.Obama's campaign blamed the loophole on former Sen. Phil Gramm, a Texas Republican who serves as Republican candidate Sen. John McCain's co-chairman and economic adviser. The Obama campaign accused Gramm of inserting a provision into a bill in late 2000 "at the behest of Enron lobbyists" that exempted some energy traders from government oversight.Houston-based Enron collapsed in scandal in 2001 when it was discovered the company had vastly overstated its income.McCain spokesman Tucker Bonds said McCain has supported efforts to close the loophole and noted the bill in question was signed into law by former President Clinton."The fact that Barack Obama is attacking John McCain, despite McCain's leadership on the issue, shows that Barack Obama is driven by the partisan attacks that Americans are tired of," Bounds said.McCain's campaign supplied a copy of a letter Gramm wrote to Sen. Byron Dorgan, D-N.D., on June 13 in which the former senator denied charges that the adoption of the bill was a "secret maneuver." Gramm said he had "nothing to with the writing of the provision" on regulation of energy trading.Obama's plan was outlined Sunday by New Jersey Gov. Jon Corzine, former chairman and CEO of Wall Street investment firm Goldman Sachs, during a conference call with reporters. Corzine said the volatility in the price of oil "is absolutely indicative of speculation in the markets."Congress already has acted to close the loophole, including a provision in the huge farm bill that passed earlier this year. But Obama's campaign said the candidate would go further by requiring that U.S. energy futures be traded on regulated exchanges.Obama also would ask the Commodity Futures Trading Commission to consider whether traders should be subject to higher margin requirements. He also would work with other countries to regulate energy markets and press the Federal Trade Commission and the Department of Justice to investigate possible market manipulation.The campaign said Obama's proposal is part of his broader energy strategy that calls for reducing oil consumption by 35 percent by 2030.
Hopefully this is just election-year politics. I'm sure Obama's smarter than this. One positive thing that I can definitely see coming out of an Obama administration is a sensible energy policy. I hope he doesn't get hung up on crap like this.Obama vows crackdown on energy speculatorsBy JOHN DUNBAR – 1 hour agoWASHINGTON (AP) — Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing price of oil.
You don't think there's any benefit to taking trading off futures markets? Cut down on much of the speculation?I'll admit that I don't know much about that aspect of it, but i've heard many people suggest that oil not be traded on the futures market anymore. Thoughts?Hopefully this is just election-year politics. I'm sure Obama's smarter than this. One positive thing that I can definitely see coming out of an Obama administration is a sensible energy policy. I hope he doesn't get hung up on crap like this.Obama vows crackdown on energy speculatorsBy JOHN DUNBAR – 1 hour agoWASHINGTON (AP) — Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing price of oil.
I am in no way an expert on crude oil markets. That said:1. Commodities markets generally work pretty well, including their respective futures markets. We know that the demand for oil is up significantly thanks to development in formerly third-world countries like China and India. Considering that the supply of oil is fairly inelastic in the short run and controlled by a cartel in the longer run, it's not surprising at all that oil prices have gone up. I know that some people who know more about this industry than I do think that speculation has played a role in driving up prices, but my sense is that those folks are the minority. There are good fundamental reasons for rising oil prices, and it would be a bad thing to tamper with markets if they're pricing this good efficiently (or close to it).You don't think there's any benefit to taking trading off futures markets? Cut down on much of the speculation?I'll admit that I don't know much about that aspect of it, but i've heard many people suggest that oil not be traded on the futures market anymore. Thoughts?Hopefully this is just election-year politics. I'm sure Obama's smarter than this. One positive thing that I can definitely see coming out of an Obama administration is a sensible energy policy. I hope he doesn't get hung up on crap like this.Obama vows crackdown on energy speculators
By JOHN DUNBAR – 1 hour ago
WASHINGTON (AP) — Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing price of oil.