By now, Hurricane Gustav is ravaging the great city of New Orleans and the surrounding Gulf Coast. Our hopes and prayers goes out to the good folks of the area. Well you probably have guessed, that Johnny Venom would've found the economic angle on all this. Rest assured, fellow Kossacks, I won't let you down! But once again, I do hope for the best for the folks aflicted by Gustave.
Gustave could raise the price at the pump, among other things
It is the economy, again, stupid. Working class families are fearful, but the opportunity for mis-information is high.
Senator Obama is using the Detroit Labor Day kickoff to emphasize three messages: addressing the needs of working people, the key role unions play in the election, and the role of manufacturing and the auto industry," Shaiken said. Both the Democratic presidential nominee and Republican rival Sen. John McCain are fighting for union members -- a key voting bloc in Michigan, Ohio, Pennsylvania and other swing states. Link
Obama/Biden and the populist message are on-track.
This is fairly strange and unexplained, magically the New York Mercantile Exchange opened early for trading on Sunday to have trades dated on Tuesday in energy futures?
We wanted to provide our customers with the opportunity to respond to the storm's potential impact to energy markets as quickly as possible," said CME Group Chief Operating Officer Bryan Durkin. "The ability to trade both our exchange-listed and over-the-counter energy products during this period will be a significant benefit for global energy market participants.
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