Obama calls for closing 'Enron loophole'

margaret, baltimore, md. — Sun, 22 Jun 2008 19:46:11 GMT

I don't give a hairy rats behind who thought of the closing of the Enron loophole, just close it ! I would be curious to know how much of an effect moneywise it would save us though.

Obama calls for closing 'Enron loophole'

Mark Thieme — Sun, 22 Jun 2008 19:53:10 GMT

Yeah, John. We're tired of it. Tired.
And you, my dear friend, are worn out.
Yesterday's headlines.

Move over tired dog, the young dog is movin' in.

Obama calls for closing 'Enron loophole'

leon houston — Sun, 22 Jun 2008 20:09:16 GMT

this is what America needs to know: sky high gas prices are due to speculators seeking to make a quick buck on oil just as enron did with energy.
4.00 a gallon gas brought to you by the same folks that brought you enron.

remember keating 5 keating 5 keating 5-- the mainstream media is in love with mccain. they will not bring up thew savings and loan scandal(keating 5) or any of the evidence about mccain's conduct during vietnam that is all over the net.

they were more than happy to aid the swiftboating of kerry but they consider mccain off limits, so we must ask... WHAT LIBERAL MEDIA??????????????

Obama calls for closing 'Enron loophole'

The Truth — Sun, 22 Jun 2008 20:12:41 GMT

After the Depression Congress passed the Glass Stegall Act which kept us safe for 65 years. This was repealed by the Gramm Leach Bliley Act passed by Congress and signed by Mr. Clinton.

Mr. Gramm works for UBS, an investment bank and Mr. Clinton's daughter works for a hedge fund.

Obama calls for closing 'Enron loophole'

Matt, Las Vegas, NV — Sun, 22 Jun 2008 20:14:46 GMT

So if Phil G. is McCains top economic aid, why would McCain go against his own aid? You expect me to believe that a President McCain would put a priority on closing the gap on unsecured commodities? Give me a break, McCain isn't fooling anyone.

Maverick my butt.

Obama calls for closing 'Enron loophole'

McCains Enron Loophole — Sun, 22 Jun 2008 20:21:24 GMT

Truth about Enron & Bush:
Under the first President George Bush, an obscure agency called the Commodity Futures Trading Commission obliged Ken Lay. The CFTC Chairwoman Wendy Gramm left Enron alone. When Bill Clinton beat Bush it took only one week before Enron asked Gramm to lock in her hands off position as official CFTC policy. Gramm started the process and the CFTC approved it after she left on Clinton’s inauguration day. Five weeks later she took a part time post on Enron’s Board of Directors and wound up earning more than $900,000 over the next decade. Clinton never undid Gramm’s change.

Fast forward to the year 2000 and Bush versus Gore. In the chaos and Constitutional crisis, Enron got a pass containing what is now known as the Enron loophole. Where Gramm deregulated individual trades, the Enron loophole deregulated entire markets, online markets. Enron had just started its own online market and set its sights on the state of California. Over the next 6 months California suffered 38 rolling blackouts

Obama calls for closing 'Enron loophole'

Stephan Hall, Greenville. South Carolina — Sun, 22 Jun 2008 20:30:23 GMT

Listen folks. It's not hard to understand ...really!!!! If you want to be squeezed more (middle class and poor) ...then vote to make the rich even more rich. Give them their money. Or the alternative ...... change the politics in Washington. Is it hard to understand. You don't have too be a rocket scientist. Yes ...it's just that simple.

Obama calls for closing 'Enron loophole'

Dan — Sun, 22 Jun 2008 20:42:17 GMT

You guys missed the most important part: Phil Gramm is one of McCain's chief economic advisers.

Obama calls for closing 'Enron loophole'

PLB — Sun, 22 Jun 2008 20:46:37 GMT

Senator Obama needs to explain what speculation is to the average Americans and once he do and Americans find out that it's supported by John McCain and The Bush Administration then John McCain is going to have some major explaining to.

All this could have been avoided.... But many American elected President Bush any way.

Are we willing to do the same?

Obama calls for closing 'Enron loophole'

Jason, Chicago, IL — Sun, 22 Jun 2008 20:59:05 GMT

This whole Enron debacle and the energy crisis that followed, all happened under a Republican Administration, and their is no chance the electorate is going to forget that this election season.

Obama calls for closing 'Enron loophole'

Jim West, Port Aransas, Texas — Sun, 22 Jun 2008 21:02:31 GMT

Speculation with only 5% margins and absolutely no federal regulation in the oil futures market has driven up the price to values that are destroying our economy. The complete lack of oversight by Washington simply opened the oil futures markets to explotatian. The Washington experiment of taking apart federal regulation has been an utter failure, and has made many criminals rich.
Both political parties must put a stop to oil speculation as soon as possible, or both political parties and all incumbants will be held responsible.
We need to spend energy and resources developing alternatives to oil to break our dependency on oil. Responding to this oil crisis with more drilling is like giving a drug addict more drugs.
We need to spend our resources developing technology to break our dependency on oil. That is the one strategy big oil does not want us to choose, and big oil has contributed heavily to many candidates to give us the best Congress money can buy.
We can have electric cars now. It is big oil and the big auto companies that are publicizing misleading information on battery technology. Big oil does not want to see electric cars developed. Big auto companies have a major problem with electric cars. Electric cars require minimum maintenance.
The expensive lithium ion batteries being developed for electric cars by the big auto companies are to discourage the technology and have the auto companies appear to be taking meaningful action. Lithium Ion batteries are an expensive unnecessary choice and end up costing more than the car.
We can develop economical alternatives to expensive batteries, but we must invest in R&D now.
Eventually technology and competition will develop low cost electric cars and again, GM, Ford, and Chrysler will be wondering why they fail to have market share.
Never have a large companies excercised such reckless lack of insight and vision.
Voting for McCain is the same as voting for 4 more years of failed Bush policies.

Obama calls for closing 'Enron loophole'

Robert N.Y. — Sun, 22 Jun 2008 21:03:56 GMT

I find it rather strange that a candidate who's campaign was based on change is meeting with all the old Clinton people that were in power under Bill Clinton,so much with breaking with the old.Perhaps as they say the more things change the more they remain the same.Perhaps come election day it would be more profitable to go fishing,that way you a least could eat your catch...

Obama calls for closing 'Enron loophole'

Marihelen, TX — Sun, 22 Jun 2008 21:07:45 GMT

Thanks for posting this. It's good to see a desire to close oil speculation loopholes. Every little bit helps.

I do think there's a lot more involved in this problem than just supply and drilling. I read the other day that we now have less than half the refineries that existed in 1981 (http://blogs.kansascity.com/unfettered_letters/2007/07/oil-business-do.html); I don't know how to verify that information, but I'd sure like to know if it is true. I also saw the Saudi govt was going to do a slight increase in production, which is also good news.

This is a topic I'd love to see explored more thoroughly by some of the experts that MSNBC has access to....

Obama calls for closing 'Enron loophole'

tool — Sun, 22 Jun 2008 21:16:18 GMT

i say go obama, plus this will make mccain have to explain why he fought for and created this enron loop hole.

http://sensico.wordpress.com/2008/06/22/dwc-checklist-4-change-part-4/

Obama calls for closing 'Enron loophole'

Rick Edelson, Fraser, CO — Sun, 22 Jun 2008 21:25:55 GMT

One thing few people know: Gramm's wife was on the board of directors of Enron when it all hit the fan. Begin to make sense?

Obama calls for closing 'Enron loophole'

john q. citizen — Sun, 22 Jun 2008 21:36:37 GMT

“The truth is Barack Obama is following John McCain’s lead to close a Wall Street loophole that was signed into law by President Bill Clinton,”

I think you need to do your homework1

Obama calls for closing 'Enron loophole'

Joe Reed, Miami, FL — Sun, 22 Jun 2008 21:37:15 GMT

John McCain: Out of touch with America, Bad for cities, Bad for States, Bad for this Country and Bad for the World!

Go Obama! I am fired up and ready to go!

Obama calls for closing 'Enron loophole'

Senator Obama will get it done — Sun, 22 Jun 2008 21:40:03 GMT

Now this is serious effort to help the gas crisis. I'm so glad to hear that Senator Obama is going after this measure. McCain knows about the loophole(s) and yet he, in my opinon has acted decietfully by making other ridiculous offers to ease the crisis. McCain has not made efforts to close this loophole, and if he did then he "failed"!
Let's see what Senator Obama can do with this. I expect it to be awhole lot more than anything that McCain could accomplish. McCain has demonstrated his duplicity to Bush by his weak leadership. McCain knows that Senator Obama is correct and that it will help to close this loophole AND now he wants to get credit by calling Senator Obama names. McCain's rhetoric doesn't fool me. If he did so much, why isn't it closed? He doesn't want the loophole closed because he and his cronies make too much money from it.
Get out of the way McCain, and let Senator Obama lead the way to reform of the Enron loophole, apparently you can't get it done because it is still here.

Obama 08

Obama calls for closing 'Enron loophole'

John, Walnut Creek, CA — Sun, 22 Jun 2008 21:49:11 GMT

Yes, the Enron loophole needs closed. Further, the tax credits need extended for solar and wind energy. Why do the Republicans keep filibustering clean energy?

<a href="http://www.cnn.com/2007/POLITICS/10/03/mccain.interview/">John McCain</a> Opposed Health Insurance For Children

Obama calls for closing 'Enron loophole'

carolyn grace — Sun, 22 Jun 2008 21:49:24 GMT

It figures that Bill Clinton would have signed into law something that would favor big corporations. After all, that was what his presidency was all about and that was where he got his campaign money, also from China, and Hillary got hers. A lot of this crap that has been going on in big business goes back to the 90s. I thought Bill was a democrat.

Obama calls for closing 'Enron loophole'

James, Wichita, KS — Sun, 22 Jun 2008 22:10:23 GMT

Just another example of gimmicks by McCain and real solutions by Obama.

Everyone that has a brain knows it is speculators that are driving the cost of oil... there is plenty of oil.

Phil Gramm knows this very well (McCain's chief advisor on the economy) as he designed the Enron Loophole. It may be legal but it sure is siding with Big Oil and the Saudis over Americans.

Who's side is McCain on anyway? Oh yeah... Oil Men, Iraqis, etc at the expense of Americans.

http://laststopmidwest.blogspot.com

Obama calls for closing 'Enron loophole'

Kendrew — Sun, 22 Jun 2008 23:40:47 GMT

What's the matter McCain supporter's nothing to say because you know he is right!!!!!!

Obama calls for closing 'Enron loophole'

Ray Clearfield UT — Sun, 22 Jun 2008 23:51:34 GMT

This one single action could/would do more to bring relief at the gas pump more quickly and with more impact than any so called "gas tax holiday" or some out year drilling for oil which would still be subject to the loophole if not closed and would prove to be of no appreciable benefit. If Mr McCain supports/ed this measure then why the pandering on the other two issues? It would appear that sound judgment would dictate that the closure of the loophole would do more than any other current proposal including the President begging for more oil or support Mr McCain on off-shore drilling to bring immediate relief. The only other action that would possibly bring immediate relief was also recommended by Mr Obama which is an additional stimulus payment ... although I'm still waiting on the one that was approved and which was misleading on amounts and schedules.

Just another Republican who decided to quit whispering and support CHANGE I BELIEVE IN.

Obama calls for closing 'Enron loophole'

Rhj — Sun, 22 Jun 2008 23:55:35 GMT

Obama is a pandering, Chicago politician who will do and say anything to get elected.

Obama calls for closing 'Enron loophole'

Chris F. Northern Cal. — Mon, 23 Jun 2008 00:08:28 GMT

Finally, this is the issue. For years, I've had the feeling we've been Enroned.

Phil Gramm snuck this thing in at the last moment of 2000. Yes, it's a major failure of Clinton to let this in. But it's even more so a symptom of how evil the GOP is to let these greed-monger speculators go amok with a complacent Congress for six years and a corrupt President for eight years, who wouldn't come close to threaten to get rid of it.

Obama calls for closing 'Enron loophole'

Kathy — Mon, 23 Jun 2008 00:09:57 GMT

We need to CLOSE the 'OBAMA LOOPHOLE'
Hope he loses real bad in Nov. my vote I hope will
help do just that.
This guy is bad news all around--worse than a Jimmy Carter 2nd term---(and I voted for Carter).

Obama calls for closing 'Enron loophole'

Thevaneljournal.com — Mon, 23 Jun 2008 00:12:29 GMT

This loophole couple with the weak dollar could be responsible for 40-50% of price of crude oil. These markets must be regulated

Obama calls for closing 'Enron loophole'

Media exploiting fear!!!! — Mon, 23 Jun 2008 00:23:50 GMT

EVERY TIME MEDIA HAS ANYTHING TO SAY ABOUT OIL, THEY CHANT ""DOOM AND GLOOM" THE SPECULATORS LOVE IT"" THEIR HAVING THE FIELD DAY OF THEIR LIVES!!!!!

We are being scammed and the Washington self serving paper hangers are on for the ride! Hedge funding and speculators are making millions in kick backs. Washington ""Congress is derailed "" The poolrating of Congress is almost nothing. We are being shafted and they could care less with their $165,000.00 salaries. It a drop in the bucket, try $13,000.00 a year you paper hanging bastards!!! I'LL speak up and tell the American people you are riding the hind TET of a Cow, Your Washington paper hanger knows they are worthless, it is the people who are suffering, they don't have plush offices and limos, and open end credit!! Washington and the stock market, driven by the Media is destroying this nation!

Media is Doom And GLOOM. Anything and everything is negative, There with in is our Gloom, MEDIA is inciting the smallest of negative, we all are not stupid. Its time to close the door on This bull sheit media reporting!!! Yes, enough is more than enough,, YOU MEDIA,, YOUR ABOUT TO ""INCITE A CIVIL REVELUTION!

MEDIA IS AMERICAS TERRORIST!!!!!

Obama calls for closing 'Enron loophole'

Carol, Long Valley NJ — Mon, 23 Jun 2008 00:39:03 GMT

It's about freaking time that huge amounts of sunshine were aimed "ENRON loophole", if Bush/Cheney veto this -- it'll be a hard veto to defend given the word "ENRON" in the name.

Obama calls for closing 'Enron loophole'

Obama 08/12 — Mon, 23 Jun 2008 00:40:43 GMT

So once again, it's clear our system of government isn't 'for the people' - it's for big oil, and the rich players who can afford to buy oil futures and play with the price we all pay at the pumps...

And the higher it goes, the richer they get!

If McCain has truly supported efforts to close this loophole, why hasn't anything been done to date? He's been in congress a very long time, and has lots of pull on both sides of the isle. I can't help but wonder if he 'really' wanted this to change, or if it just made a good 'sound bite'...

Washington leaders need to remember they're elected to take care of you and I - and NOT big oil & their fat cat friends... These guys have 7 months left... Let's clean house and start fresh...

Obama calls for closing 'Enron loophole'

laughaday — Mon, 23 Jun 2008 00:41:47 GMT

The only reason McCain'strying to get in front of this is because one his top advisor's, Phil Graham, is up to this eyeballs in this Enron scandal via his wife.........if McCain was really serious and such an outstanding leader in the Senate and elsewhere, this would have been taken care of a long time ago. It takes a young, upcoming Senator--scratch that a young upcomng Future POTUS from Illinois to clean up the most corrupt, immoral, money grabbing, shilling bunch of Bush Cronies this nation has had to suffer through.

Obama calls for closing 'Enron loophole'

paulson, Palatine, IL — Mon, 23 Jun 2008 00:59:49 GMT

John McCain is a liar, his statements are frequently baseless.

Obama calls for closing 'Enron loophole'

Brian, Los Angeles — Mon, 23 Jun 2008 01:04:34 GMT

MSNBC really needs to do a more thorough job then simply quoting soundbites. Where's the investigative journalism? For example, Phil Gramm's wife, Dr. Wendy Gramm, was once chair of the federal Commodity Futures Trading Commission. She moved to exempt Enron's energy-swap operation from government oversight. Enron was a major contributor to Phil Gramm.

Simply offering competing soundbites is not news. Do some research please.

A few days after she got the ball rolling on the exemption, Wendy Gramm resigned from the commission. Enron soon appointed her to its board of directors, where she served on the audit committee, which oversees the inner financial workings of the corporation.

Obama calls for closing 'Enron loophole'

Michael, CA — Mon, 23 Jun 2008 01:19:48 GMT

"Sen. John McCain says he opposes the $307 billion farm bill because it would dole out wasteful subsidies, but his chief economic adviser Phil Gramm also wants to stop its proposed regulation of energy futures trading, a market that was famously abused when Enron Corp. manipulated California’s electricity prices in 2001.

"Clearing the way for that California price gouging, Gramm, as a powerful US senator from Texas, in 2000, slipped an Enron-backed provision into the Commodities Futures Modernization Act that exempted from regulation energy trading on electronic platforms.

"Then, over the next year, Enron -- with Gramm’s wife Wendy serving on its board of directors -- worked to create false electricity shortages in California, bilking consumers out of an estimated $40 billion.

"Gramm left the Senate in 2002 but now has emerged as what Fortune magazine calls “McCain’s econ brain,” not only filling the Arizona senator’s acknowledged void on economic expertise (“I don’t know as much about the economy as I should”) but recognized as one of McCain’s closest friends in politics. The two men talk daily.

"A McCain aide . . ., who spoke on condition of anonymity, acknowledged that the presumptive Republican presidential nominee also opposes the farm bill because Gramm advised McCain that he should resist its regulatory language on the energy futures market."

http://onlinejournal.com/artman/publish/printer_3314.shtml

Tucker Bounds wouldn't know the true facts if they hit him squarely in the head.

Obama calls for closing 'Enron loophole'

Midwest Moms, Illiana — Mon, 23 Jun 2008 01:26:32 GMT

Rural people are not stupid people. We are not going to fall for someone cooking up a gas-tax holiday scheme that will wind up depriving people of jobs and driving debt even higher. We will not settle for the Federal Government starving our already fiscally starved rural cities and towns of highway funds they so desperately need. We need our politicians working hard to find real solutions that help real people in trouble.

http://ilfamilypolitics.blogspot.com

Obama calls for closing 'Enron loophole'

lori, bath, maine — Mon, 23 Jun 2008 01:35:31 GMT

I have been waiting for 2 years for someone in Washington to try to fix the "Enron loophole". It is long overdue. This more than demand, more than production has been driving up oil pricing to unreasonable levels. Here in the Northeast where we heat with oil is the pain felt the most. I'm afraid that if heating oil stays at $4 a gallon or more, you will see folks on fixed incomes and lower income people freeze in their homes come February. We can drive less, but we need heat to survive a Maine, New Hampshire, or Vermont winter and most of us depend on #2 heating oil for our warmth.

Obama calls for closing 'Enron loophole'

Tracy Frankln, Mt Pleasant, TN — Mon, 23 Jun 2008 01:47:14 GMT

If both candidates are in favor of closing the loophole, why don't they both take to the Senate floor and call for its repeal? It won't happen because they both represent politics as usual.

Obama calls for closing 'Enron loophole'

Renny — Mon, 23 Jun 2008 01:47:44 GMT

Obama is as real as that faux presidential seal he created. Now I hear moveon.org (his biggest backer), is holding his feet to the fire on the fisa bill. Wonder if he will flip flop on this issue, too?

Obama calls for closing 'Enron loophole'

James Lee Chatsworth, GA — Mon, 23 Jun 2008 01:57:28 GMT

My, oh my oh my. Obama - McCain argue all you may, but your market interference plans will not curtail the overriding force that has caused gasoline pump prices to rise, the law of supply and demand.

There is a high demand for a limited supply of gasoline, therefore the price is rising.

You have two choices. You can either implement programs that will reduce the demand for gasoline worldwide while holding the global supply steady or you can implement programs that will increase the supply while holding demand steady.

I don't think either one of you is magician enough to accomplish either option.

Obama, if you increase taxes on oil company profits (which are less than 9 cents per dollar sold at the pump while taxes take 30 cents or more of the same dollar), how will that give the companies an incentive to produce more gasoline? And who do you think will end up paying for your increased tax Mr. Obama? The oil companies will pass the increased cost along to the consumer.

Think, think, think before you pull such a bone-headed move.

Obama calls for closing 'Enron loophole'

Larry J Clearwater FL — Mon, 23 Jun 2008 02:21:25 GMT

O'bamboozle is on the side of consumers instead of big oil? I cant wait to see gas prices drop when he starts taxing the oil companies. Yep, tax the oil companies , no better way drop gas prices. Lets see, hes against drilling, against nuclear, against coal. Yep, hes definitely going to get the cost of fuel down. I guess the obamatrons will swallow anything that O'bamboozle will throw to them. And some peolple think theres no dumbing down of America. When yo Obamtrons have low paying jobs and are paying $10 a gallon, whos fault will be? I know GWB and global warming. Start drilling now fools, and give some incentives for alternative fuel. Nuke is safe and efficient. Pull your stupid heads out of your dark side and wake up.

Obama calls for closing 'Enron loophole'

Marti, PA — Mon, 23 Jun 2008 02:21:50 GMT

It's my understanding that the recent Farm Bill, which John McCain didn't support, contained action to close the loophole. So, once again, John McCain has changed his mind and he is now not supporting legislation that would close the loophole.

Obama calls for closing 'Enron loophole'

A.Brocco,Albuquerque, NM — Mon, 23 Jun 2008 02:31:58 GMT

Typical John Mc.
He is always the one to think of some sensible proposal first, but he never gets credit for it.How does this always happen to you, John?

Obama calls for closing 'Enron loophole'

Politivine (SC) — Mon, 23 Jun 2008 02:42:23 GMT

I am not sure that either candidate can provide an immediate solution to the rising gas and food prices. They both talk a great game, yet in the end, both are unlikely to seriously impact the issue with any great deal of ease.

http://www.politivine.com

Obama calls for closing 'Enron loophole'

A Charles, LA, CA — Mon, 23 Jun 2008 03:14:18 GMT

Either McCain is getting bad advice or he is trying to fool the public. There is absolutely no way that more offshore drilling will help us now. Just like the gas tax holiday, it's just a ploy to get votes. I'm really disappointed in McCain. It's almost as if his advisers are trying to make him lose.

Obama calls for closing 'Enron loophole'

BO is out of touch and elitist — Mon, 23 Jun 2008 03:37:11 GMT

Let's not get confused who is the elitist. McCain is down to earth for everyone and deosn't dicriminate on who should get "down to eart treatment"!

McCain 08' --

Obama calls for closing 'Enron loophole'

Keith T. Syverson, Kingston, Wash — Mon, 23 Jun 2008 04:18:47 GMT

No mere words can plumb the depth of miseries created by these... people. Can you yet hear the laughter of the Enron telemonsters about screwing granny? That joke has now stretched out world-wide with us all at the butt-end of our media-delivered ignorance.

How is it even IMAGINABLE that this has been going on for so long?!

Obama calls for closing 'Enron loophole'

Samuel Barwick, Fairfax, VA — Mon, 23 Jun 2008 05:52:48 GMT

If Senator McCain wants to showcase his interest in reform, his first act should be to fire Phil Gramm.

Obama calls for closing 'Enron loophole'

marcopolo51 — Mon, 23 Jun 2008 06:10:30 GMT

Since I am now an older guy, I'd like to be able to give John McCain the benefit of the doubt when he mispeaks. But the more I see of and hear from him now that he is in the public spotlight, the more convinced I am that Mr. McCain just is no longer with it. Heaven help us if he somehow becomes president.

Obama calls for closing 'Enron loophole'

Rod, Indiana — Mon, 23 Jun 2008 06:56:02 GMT

The responses by the McCain campaign on every issue is to try to paint Obama as someone who says what people want to hear, as if that in itself is a bad thing, as if it is contrived and calculated for placation.

Something McCain doesn't realize however is that just because Obama says what people want to hear doesn't mean he doesn't mean them, nor does it mean that what he says is false.

Just because McCain says things people DON'T (evident from his SINKING poll numbers) want to hear doesn't mean they're true, either.

It's funny that in the course of a few sentences Tucker Bounds both attacked Obama for being a Democrat ("voted the party line for Democrats") and then blamed him for "partisan attacks." BTW, who says the Enron Loophole is "fixed"?

Following McCain's lead, indeed.

Anyone see Phil and Wendy Graham lately?

Obama calls for closing 'Enron loophole'

Dutchboy52 — Mon, 23 Jun 2008 09:21:56 GMT

Republicans represent corporate America's interest at the middle class and poors expense. And they appears to get away with it by using cultural hyped up issues like race, war, and fear related issues. People lost their jobs and retirement with Enron and now we're paying high gas prices because the republicans are in bed with the oil companies.
Problems are opportunities, this election we have an opportunity to get rid of these republicans and take back our country. Vote Democratic for a change.

Obama calls for closing 'Enron loophole'

kenn — Mon, 23 Jun 2008 10:49:56 GMT

He also said he would withdraw our troops but like all the demorats they have betrayus Troops will come home as he sees fit not right away and maybe they will stay cant accuse them of cut and run anymore they are now with the repuckers in funding and keeping this war for oil going,oh and he said he wouldnt wear a lapel pin flag ,public financing he said he supported REV wright then under the bus you go BARNNICAL and MICA have become what they hate POLLYANNAS

Obama calls for closing 'Enron loophole'

Fight for what you believe in. — Mon, 23 Jun 2008 11:33:13 GMT

Why did McBush stop fighting the loophole. If Bill Clinton signed it into law then McBush has had 7 and 1/2 years to fight this and we have heard nothing until now about it. Hmm, sound like he gives up too soon when he has to do the fighting.

Obama calls for closing 'Enron loophole'

Janice in NC, Kinston, NC — Mon, 23 Jun 2008 12:01:12 GMT

I support drilling on our own territories, creating jobs for our citizens, and ending our dependence on foreign sources of oil. We need to put Americans first, not caribou who aren't really there anyway!

BHO seems to reject any proposal that could give Americans some relief. What does he stand for other than the poster boy for cheap talk?!!! He scares me!

Janice in NC - an African American Hillary supporter now supporting McCain.

Obama calls for closing 'Enron loophole'

CWW, Phoenix, AZ — Mon, 23 Jun 2008 12:08:09 GMT

That is an actual solution to high gas prices, unlike Bush and McCain giving false hopes. Some say the speculators are scapegoats, but 8 years ago they were 30-35% of the oil futures market, today they are 70%.

This is one issue I would like to see Bush take from Obama and get it done before he leaves office.

Obama calls for closing 'Enron loophole'

Max Headroom — Mon, 23 Jun 2008 12:24:58 GMT

Arg, John McCain supported this bill and then defended the loophole. Rather then reiterating Max Headrooms lies, how about calling some of these people out on their deeds?

Obama calls for closing 'Enron loophole'

Beverly in Chicago — Mon, 23 Jun 2008 12:28:13 GMT

In a long term Barack’s plan is not a gimmick. The ratio of the time it takes to drill is the same. Engineers say…
In addition to that, it’s comparable to a drop on a sandy beach.
Oil in Anwar would freeze.
If there’s another oil spill, who will clean up the damage to the ecosystem?

Obama calls for closing 'Enron loophole'

indycommonsense — Mon, 23 Jun 2008 12:39:11 GMT

Since we live in a global economy and oil as a commodity is traded in virtually every country how will regulating our market accomplish anything if the rest of the world is still trading? We need to produce more oil here, build refineries, and work towards new technologies. This is just another "tell me what you think I want to hear" statement from Obama.

Obama calls for closing 'Enron loophole'

uncle bluster — Mon, 23 Jun 2008 12:47:03 GMT

This is nuts when America could just take over all the oil. We all know who is capable of doing this and who isn't. Who cares about China or India. Experts say the world will end in 2012 anyway. The birds and seals don't know what year it is so let's keep living it up.