October 30, 2009 journal, NBC came on with a financial analyst claiming the recession is over. What kind of idiots do they think we are to believe this depression is over? With a million new foreclosures in the last quarter as at least 20 million people are unemployed. The job of the media is to spin the facts and confuse the people so they will not see that train coming. Crazy Congress is like passing a law ordering that the Titanic cannot sink. The long feared "hate" crimes bill was signed into "law" on October 28, 2009 and it may be a 2 edged sword in the courts or for the government and Fox News spewing hatred. Since they cannot single out people by calling them "gay", "sodomites" or "homosexuals", The general language may apply to journalistic opinions on everybody as violating the "hate" crimes bill and put preachers of the gospel out of business by outlawing the Bible. It is a dangerous thing to legislate God Almighty & His Holy Word out of this country. I have not read the bill and if I had I would not know what it means like Congress does not read what they pass like the medical reform bill at 2000 pages. How ridiculous. I believe every piece- of legislation is passed to get elected or make Congressman money. They will need concentration camps to hold all their prisoners under this new bill I say. The Bible says God hated Esau (Edomites) because he was a devil from the beginning. If you put all the Jews in jail for hating the Arabs then put all the Arabs in jail for hating the Jews, you're going to have a big mess. If you put all the Baptist in jail for hating the Methodist. If you put all the Catholics in jail for hating the Lutherans, if you put all the politicians in jail for hating their opposition then you will have a big mess on your hands. If you put all the gays in jail for things they say about normal people then you got a mess. Does this new bill just protect the g-a-y people or does it protect everyone from h-a-t-e? Republicans will no longer be allowed to h-a-t-e Democrats or the North verses South. What if we could truly get rid of 'hate' forever which we will do in the next glorious life. At least 90 % of Congress is on the take from the corporatist capitalist. (Opinion). "More bad news on the terminal illness of the dollar. While the economy recovers in the U.S. media, in the real-world it is collapsing at an ever accelerating pace. It appears the rest of the world knows what very few Americans can understand, the hour draws nigh." "Javier Blas in London Published: October 28 2009 20:27-Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile money Exchange. The decision by the world's biggest oil exporter could encourage other producers to abandon the benchmark and threatens the dominance of the world's most heavily traded oil futures contract. It is the main contract traded on Nymex. This article can be found at: "FT" and "Financial Times" are trademarks of The Financial Times." More about this erosion of the oil industry and the West Texas Intermediate from nakedcapitalism.com "The New York Mercantile Exchange has said at least 47 million barrels of capacity exists in the various terminals at Cushing, Ok., although analysts have said storage is kept below maximum capacity to facilitate operations. Cushing storage operator TEPPCO Partners LP TPP.N said last week their 525-mile Seaway pipeline from Freeport, Texas, to Cushing was operating below capacity because of a storage squeeze at the NYMEX delivery point. White Cliffs Pipeline, a unit of SemGroup LP [SEMGP.UL] another Cushing storage operator, said its pipeline from Colorado also faced tightness at the NYMEX storage hub. "Cushing is pretty darned full right now," said Jeff Matthews. Cushing crushing crashing. Cushing Oklahoma is where the crude oil lines converge for the largest storage tank area imaginable now bursting with overload & many of the tanks leaking because Wall Street invested in oil at a higher-price and they are holding it rather than sell at a loss. It seems the Saudi's pullout has severely damaged Wall Street more than Cushing because the gambling vehicle has run aground and there can be only one oil price in the world. They can keep on storing the oil until they must sell it like farmers holding on to cotton for a price increase until it rots or in this case rust. It's called sweet crude and it certainly was sweet to those investors who sold it 6 months before it was pumped out of the ground, speculating at public expense. I say good riddance to those worthy deteriorating curses. The Cushing deal of 1991 certainly served to save the crashing Fed dollar so long as the Republican Party lasted but now is a new day and the benchmarks have passed away. This forced capitalism started back in the '60s under LBJ in his deal with Saudi Arabia to protect them militarily if they would sell oil only in U.S. dollars to Europe and the world. It is my guess also that the deal included the capping of wells in the United States to con-trol production. What a dirty spandrel the man was almost as bad as the S&L-Bu*shes. Although oil prices may go up considerably, the Cushion deal surely has been the base of the greedy speculators and now they all may be trapped in higher rates. This is surely the source of the roller-coaster oil ride the American people have been subjected to recently. This is happening without decision from the government being totally out of their control.