Podcast: I Spy Minute – Why Republicans Miss it Once Again on Oil

Posted on April 17, 2012 by


This week on the I Spy Radio Show (www.ispyradio.com) we talked with Dr. Daniel Fine about oil speculators–which do play a big role in driving up oil prices.

But it’s not “evil speculators” themselves–like Obama tries to claim–it’s the extremely low margins with which they’re allowed to buy oil. Literally pennies on the dollar–which means there’s no risk. And that’s what corrupts normal free-market forces.

Now, just today, Obama comes out with a plan to raise the margins. Find out why Republicans are completely missing the point–and how, once again, they are completely falling into his trap.

Take a listen: I Spy Minute, Tues., Apr. 17 2012