RedState

Those who are blaming speculators for the rise in oil prices, a group that includes Democrats, don’t seem to the understand speculation doesn’t cause prices to rise or fall, writes Pejman Yousefzadeh, noting the risks that speculators take. Sen. John Cornyn (R-Texas) has introduced an amendment to the mortgage lender bailout bill that would require senators, including Sens. Chris Dodd (D-Conn.) and Kent Conrad (D-N.D.), to disclose much of their mortgage information, notes Jeff Emanuel.

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