Scapegoating Speculators

Walter E. Williams says,

"Congressional attacks on speculation do not alter the oil market's fundamental demand and supply conditions. The long-term price of oil would be lowered if Congress permitted exploration for the estimated billions upon billions of barrels of domestically available oil, not to mention the estimated trillion-plus barrels of shale oil in Wyoming, Colorado and Utah."

Read the whole....

And here is another article.

Income and Hype

Income confusion
By Thomas Sowell

Anyone who follows the media has probably heard many times that the rich are getting richer, the poor are getting poorer, and incomes of the population in general are stagnating.

With that enticement, read the rest of this good article.

And read what Walter E. Williams has to say about this subject in his article entitled The truth about taxes and 'the rich'.