Wednesday, January 7, 2015

Americans Saved $14 on Gas this Year; Wall Street Cries to ‘Stop the Bleeding!’

http://aattp.org/americans-saved-14-on-gas-this-year-wall-street-cries-to-stop-the-bleeding/
"To hear some of the folks on Wall Street tell it, especially those in the energy industry, the recent plummet in the price of oil is the most horrifying thing to happen since the Great Depression. Which, let’s face it, wasn’t all that depressing for some people. Energy czars and oil states use phrase like “stop the bleeding,” “hemorrhage” and “panic.” But, as we’ve seen time and time again (and somehow have yet to actually learn), the interests of the American people have kind of an inverse relationship with the vices of Big Energy and Wall Street. When we bleed, they profit; and finally, it seems, vice has become versa."