Re: o/t Gas Pricing. Supply and Demand was not the problem.

Posted by Tom in TN on January 12, 2009 at 00:51:03 from (4.152.159.194):

In Reply to: o/t Gas Pricing. Supply and Demand was not the problem. posted by huntingreen2day on January 11, 2009 at 20:50:59:

I remember when Johnny Carson was starting out in television. Long before "The Tonight Show", he was the host of a game show named "Do You Trust Your Wife?" That program later changed its name to "Who Do You Trust?"

My dilemma is, who do I trust? This is the same news media that just a few months ago had all of the answers for why the oil prices were spiking. It seems that there were hurricanes, rumors of wars, increased demand in emerging nations, etc., etc.

So now, we're to believe this report from the people who were so wrong just a few months ago. I don't know. I have serious mistrust for politicians, investment bankers, news media, and wealthy capitalists.

It'll be interesting see what "conventional wisdom" emerges during the next few months.

Tom in TN

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