Why Is The FTC So Inept Over Oil Prices - Can't They Do Anything Right?

The FTC goes after companies due to competitor complaints that originate via a Senator who has taken a campaign contribution, very convenient. Then when it comes to protecting the consumer the FTC fails on all accounts. SPAM increased by 4600% since the FTC took on the task, and in the first six months the FTC could not even come up with a definition of what SPAM was?

Identity Theft - yah, well don't hold your breath; that has increased 10-fold since the FTC took on the case, meanwhile the FTC's own employees lost critical personal data when their lap tops were stolen? Go figure and now they tell us they will help us prevent high oil prices? Ha ha ha. The FTC goes after bloggers who engage in Buzz Marketing, but when it comes to Commodity Traders, artificially hyping the doom and gloom of oil supply, where is the FTC?

The Commodity Traders go on the financial news stations, tell of the terrible Nigerian pipeline problems, Venezuela crisis, Iranian future war and the non-existent Hurricane Season of 2007 thus, running up the price of a barrel of Sweet Crude, which they just happen to fully vested in. When the price goes up they stand to make a financial killing.

So, what is the FTC doing? Running around giving seminars on telemarketing and how to protect yourself from Spammers who try to coax information out of you, [phishing] while the average American family can no longer fill up their gas tanks. But don't despair the FTC says it is now on the trail, ha ha ha, what does that mean, by 2012 they will announce 3-pending cases on low-level commodity investors who the industry threw to the dogs? What a joke, and that's my view, thanks for listening.

"Lance Winslow" - Online Blog Content Service. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/. Lance Winslow's Bio

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