Sojka's Call

Place your bets! What is Bernanke going to do? You can see what Aaron Task and Henry Blodget think here...... Congress and the President will show their spinelessness because as Task and Blodget say, a majority of Americans do not want to give up anything whether it is defense spending, Medicare, Social Security or any of the expensive budget busters dragging the US down. 

I thought this short video conversation from Tech Ticker was interesting in explaining oil prices.... http://finance.yahoo.com/blogs/daily-ticker/oil-endless-bid-financial-players-overrun-energy-markets-155723942.html This is also fits with many analysts views that we have plenty of oil and that the price is independent of supply of demand much of the time.