OPEC Countries expect to Take Home $1.6 TRILLION This Year

That’s right … $1,600,000,000,000 (TRILLION).
I just checked in on CNBC to find out what was happening at the close of the New York Merchantile Exchange (NYMEX) today with the price of crude oil and was struck by this little tidbit.
View the segment of CNBC’s “Street Signs” with this prediction for OPEC:
http://www.redlasso.com/ClipPlayer.aspx?id=4d209572-ae65-475a-9bb4-d75e496026e2
I wonder how much of [...]

Jeremiah Wright’s Speech at the National Press Club on 4/28/2008, Video Clips

The following video clips represent the entire speech that Jeremiah Wright gave on 4/28/2008 at the National Press Club in Detroit, Michigan as shown on CNN. Each comprises a ten minute segment of the speech followed by the question and answer period and some CNN commentary:
#1: http://www.redlasso.com/ClipPlayer.aspx?id=f4de6b30-d7ae-4cc4-96b4-5c254f438d95
#2: http://www.redlasso.com/ClipPlayer.aspx?id=1093d189-51ee-494c-ac6d-c8169e2f1624
#3: http://www.redlasso.com/ClipPlayer.aspx?id=9871184d-5b72-46c5-ac26-0046f0e61ee5
#4: http://www.redlasso.com/ClipPlayer.aspx?id=6001e10c-2d7b-4480-8772-7c663566cb52
#5: http://www.redlasso.com/ClipPlayer.aspx?id=bdf391d6-d8e5-4570-891e-527532fe9e1e
#6: http://www.redlasso.com/ClipPlayer.aspx?id=89fec36c-d434-43b5-bd05-b25264271936
If any descrepencies are [...]

The Cause of the Crude Oil Crisis: Speculation

The only way for the U.S. Congress to have any effect on the price of crude oil in the short term is to end the speculation on crude oil in the world commodities markets.
Anyone who has followed the commodities market in oil knows this. All one has to do is watch the frequently wild fluctuations [...]