Devoted to Managers and those that seek to improve their management skills

Now that the ethanol fiasco is damaging even more people, and politicians refuse to open up drilling for billions of barrels of oil on American soil and off American coastlines, congress and the president are attempting to shift blame and focus to other entities to get the focus off of failed policies.

You've recently seen President Bush take the latest trip to the middle east in order to get some press coverage seeing him ask OPEC to increase oil production. In other words, his actions are saying they are part of the problem.

The latest disingenuous move is to put forth legislation that would limit large institutions from investing in commodity markets, implying they're the devil behind the economic woes of Americans and the poor around the world, that have been devasted from the idiotic policies coming forth out of Washington in the name of environmentalism and biofuels.

So billions of barrels of oil sit under American soil, and no new refineries are being built, while stupid laws forbid the drilling of oil of the coastlines of America as well. So the logical step according to lawmakers, is to stop institutions from investing in commodities.

All this is is an attempt to take the focus off the politicians who have caved in to environmental extremists, and those who have peddled fear, in order to make it look like it's anybody's fault but theirs.

The corn-based ethanol idiocy is devastating the poor countries, as well as being the main culprit behind growing food prices across the world. This has all come from lawmakers and the president who have mandated this stupid law, giving huge, corporate farmers gigantic windfalls from the irresponsible subsidy's, creating an artificial market.

This is one of the major reasons Congress has such low approval ratings. People know they have done these things, and now they're not even willing to take responsibility for their stupid actions, and worse, they're unwilling to change them.

They've even gathered together a few so-called experts to say that the blame lies with these institutional investors.

So in answer to the problem of subsidized corn-based ethanol, along with refusal to drill for billions in known oil reserves, the government's choice is to offer up more regulation. Sure, that'll take care of government ignorance.

The truth is that higher food prices are the direct result of misguided ethanol policies, and the high oil prices in America could be much less if drilling and exploration in high-potential areas were to begin or resume. We've already waited far too long in accessing our natural resources.

So what is the new buzz word that will be used to demonize institutional investors in commodities? From now on you'll hear the media call them "speculators." It'll be used in a negative connotation from now on until they try to pass legislation to fix those naughty institutional investors speculators.