Originally Posted by
DeadHead
That's not by choice, but by necessity. Just because those "airline pilots" aren't airline pilots currently, that doesn't mean they don't still have financial responsibilities.
I don't think you understand what it's like investing approximately $80,000 to $110,000 into a career only to see any hopes of a stable income being swallowed up by the market. I realize I am not a market analyst, and you may very well understand the stock market dynamics a hell of a lot better than me. That being said, somebody is making alot of money off of this and when most companies point that blame towards speculators, I tend to agree.
Agreed, i find it pretty ironic that the only people that say it isnt speculation are the financial institutions and investors that are making lots of money by speculating. Oil is the one thing right now in the market they think they can count on to continue going up. The more the financial institutions tell everyone that oil will go up and hit 200 a barrel the more that gets investors to buy in, raising the price. If someone said they had the lotto numbers for tomorrow would you go buy a ticket? Except this particular lotto ticket carries with it the effects of destroying our economy and industry