Finally, Someone Is Addressing the True Cause of High Gas Prices

Senator Joe Lieberman, chairman of the Senate Homeland Security and Government Affairs Committee, said last Tuesday he is considering legislation to place limits on large institutional investors in commodities markets.

Unlike the leading Presidential candidates, Senator Lieberman is addressing the root cause of recent high gas prices. He is directly targeting the commodities traders who use commodities futures to hedge against swings in other investment instruments like stocks and the dollar. (Source: IHT, U.S. Congress could ban speculators from commodities, May 21, 2008)

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