Jeff Ward: You Can't Blame the President for Record Gas Prices
La Grange area residents are paying $4.40 on average for a gallon of gas and feeling the pain at the pump. But according to Jeff Ward, if you really want to point a finger at the person responsible please gaze into the nearest mirror.
Gather round boys and girls, it’s story time. Back in those 1979 days of yore, there were two greedy siblings named Nelson and William. We’ll just call them the Hunt brothers. And when no one was looking, the Hunt Brothers started buying up all the silver in the land. Why, they bought so much silver that the price of that shiny metal skyrocketed from $11 to $50 an ounce in just four months. Legend has it that the Hunt brothers made $2-$4 billion on that move alone. But then something not-so-strange happened. That wise and powerful sage we call “The Market” took over and the price of silver plummeted just two months later costing the heavily leveraged, evil Hunt brothers more than $1 billion. Poor Nelson even had to file for bankruptcy. Let…
Jim Boo
2:23 pm on Thursday, February 14, 2013
6.25 percent sales tax is great contributor to high Illinois gas prices. Higher the price, higher the tax. Illinois discussing tax holiday due to their windfall tax receipts? I don't think so. Energy companies stocks are held by all retirement and many peoples mutual funds and 401k's. Trash the energy companies, trash the economy. more ›