daytrader millionaire

Yeah your building them but only on one shift instead of two in kc and dtp has been off since shutdown 3 shifts of production!!!!!!!!!!!!!!

If gas prices were still low f-150's would be selling you jackass!!!!!!!!!!!!! Is it that hard to understand that if there was no spectulators in the oil market that oil would of never went to $148 a barrel which means gas would of never went to over $4.00 a gallon.You can not sit here and tell me that ford would not be selling more F-150 if gas stayed under $3.00 a gallon. EVERYONE ELSE CAN UNDERSTAND THIS JUST NOT YOUR IGNORANT ASS!!!!!!!!!!!!!!!!!

Thats complete bullshit when bush appoints all the people on the sec and the cfct. The sec lets hedge funds naked short stocks in the ground which in turn makes moodys lower fords credit rating into junk because they know theirs no way the can sell stock to raise money now that the stock is so low.Plus they appoint the regulators on the future exchange and they let hedge funds run the price of oil up, and you wonder why ford hasn't been builing f-150's for almost 3 months ,thats alot of profits ford could of made. This is the job of the president appoint the right people to help you run this country not about of crooks. So save me bullshit that this is all ford own doing!!!!!!!!!!!!

Don't worry about it mac these republican(neo-cons) lovers just don't get it ,but they will be the biggest cry babies when ford goes under and they lose there jobs/pensions. Then they can plea to there republicans politicans for help and wonder why they won't help them.BUT THEY WILL GET ALL THE RETRAINING THE CAN GET SO THEY CAN LEARN HOW TO RING THE CASH REGISTER AT WALMART!!!!!!!!!!!!!!

REMEMBER AS JOHN MCCAIN SAID GET OVER IT YOUR AUTO JOBS ARE NEVER COMING BACK!!!!!!!!!!!!!!!!!!!!!!!

Come on dale tell us how mccain won't ship all are jobs to mexico. I got to here this!!! If any autoworker votes for mccain they deserve to lose there job to mexico,china,brazil,or any other foreign country with cheap labor. THATS WHY FOX SUPPORTS MCCAIN IT SUPPORTS HIS CAUSE!!!!!!!!!!!!!!!

Just so you know I am a registered republican that will vote for obama. I am moderate conservative that refuses to let these right wing bible belt pushing wacko's dictate which way this country should be going in, So I am forced to back the Democrats until the republicans can put someone up there for me to vote for like bobby jindal hopefully the future of the republicans. not these crazy religious wacko's we have now!!!!!! By the way I am truly sorry about the name calling,I just get so upset that my fellow republicans want to use this drilling issue as wedge between the democrats and so many people in the us take the bait. So I apologize I didn't mean to make I personal!!!!

HELLO HELLO HELLO MULE COME OUT WHERE EVER YOU ARE!!!!!!!! I'm sure your ignorant ass doesn't even know who Michael Masters but maybe you can google him. The republicans want you to believe that high oil prices have something to do with not drilling but it is just untrue. SPECULATION DROVE OIL PRICES UP: REPORT By PAUL THARP Posted: 3:54 am September 11, 2008 The record jump in oil and food prices that brought the economy to its knees this summer was caused by speculation among giant funds grabbing fast profits to cover their bad bets on housing, says a new report. The report, released yesterday by US lawmakers, confirms months of laments by many analysts that the runaway records for crude, corn and other commodities were the result of unprecedented speculation by the deep-pocketed institutional investors - not the traditional supply-and-demand issues. Co-authored by hedge-fund manager Michael Masters, the report said that from January to May the institutional traders poured $60 billion into commodity markets, causing rapid spikes in crude prices. After record highs were hit in July, traders yanked their billions to reap huge profits, allowing prices to nosedive and wreak even more damage on the way down for some investors. Much of the cash used for the heavy betting was said by many portfolio chiefs to have been a result of the hundreds of billions in liquidity the Federal Reserve pumped into Wall Street banks. That cash enabled their big institutional clients to binge on commodities, which they'd traditionally avoided. Outcries from many investors prompted Congress to hold hearings on the speculation binge for three months, from May through July, resulting in traders promptly pulling $39 billion back from commodities markets, the report said. At the peak of the funds' profit-taking, oil hovered at a record $147 a barrel in July, and then started falling sharply until it reached $102 this week. "We have clear evidence the fund flow pushed prices up and the fund flow pushed prices down," said Masters. Masters' report used data publicly available from the Commodity Futures Trading Commission, the Energy Information Administration and other investment sources. Masters paid for the report to help lawmakers as they consider new regulations for futures markets, which could restrict institutional investors from such speculation. Masters said the big funds "greatly distort the marketplace" and should be banned from betting on futures. The Commodity Futures Trading Commission, which has downplayed the role of speculators, is scheduled to send its own report to Congress in the next few days. "These large financial players have become the primary source of the dramatic and damaging volatility seen in oil prices," concluded the report. Meanwhile, oil prices fell here 68 cents a barrel to $102.58 on doubts that OPEC would be able to pull off its threat yesterday to reduce oil production.

Sorry I hit the wrong reply button. I didn't mean to compare you to that ignorant muleWRONG!!!!!!!!!!!!!!

MULERIGHT I AM WAITING TO SEE YOU POST SOME FACTS TO BACK UP YOUR CLAIM!!!!!!!!! Hell I was one of these speculators and made alot of money trading in the option pits 4 years ago before every hedge fund and there mother got in the market and started to really control the market very wild upswings and downswings. If you really care about what you say. everyone should go to this site just for the fact that you can learn some real important facts and be able to contact your congress man/women and at least see which bills there sponsoring and backing and you will see that most are democrats that are trying to make a change. http://capwiz.com/sosnow/issues/bills/

You need to get your facts straight just cause its down in the us has nothing to do with the fact that demand is up through out the world/global demand is up!!!!!! Have you ever heard of trading in swaps I bet you haven't its when you don't have to have the margin to back your trade in the oil pits without regulation, in the stock market you need $1 to move around $1 in stock. But IN THE COMMIDITY MARKET YOU ONLY NEED $1 TO BE ABLE TO MOVE AROUND $50 IN CONTRACTS YOU BUFFOON!!!!!!!!!!! Here all these experts agree with me lets see who agrees with you! Fadel Gheit, senior energy analyst for Oppenheimer said, "Oil prices are dropping because they are inflated. You cannot sustain an artificial price forever. At the end of the day supply-demand fundamentals will take over." BusinessWeek, 9/3/08 Stephen Schork, an energy consultant in Villanova, PA and editor of The Schork Report said, "A few months ago it was all about Chinese demand. But a lot of the strength [in oil's price] was hype and hot air." BusinessWeek, 9/3/08 A Palm Beach Post editorial said, "The news didn't get enough attention, but there's now confirmation that speculation helped drive the price of oil to record levels, destroying jobs, changing travel plans and affecting the presidential campaign in the process." Palm Beach Post, 9/2/08 "Speculative investment increased from $13 billion in 2003 to $260 billion this year. Yet for weeks, the Commodity Future Trades Commission denied any link between speculation and the higher prices that were roiling world economies. But last week, The Washington Post reported the commission's finding that in July a single speculator held 11 percent of all contracts on the supposedly regulated New York market. The commission also found that 81 percent of all the New York contracts were held by investment banks speculating for clients or themselves. Now we know why analysts for those firms kept predicting that oil prices would rise." Palm Beach Post editorial, 9/2/08 A Philadelphia Inquirer editorial said, "Commodities markets allow commercial buyers of goods such as energy products to lock in a price now for delivery later. But speculators are treating commodities like stocks. They're not interested in taking delivery of oil after they "buy" it; they're just interested in making a profit by the time they resell it. This habit creates artificial demand, driving up the price." Philadelphia Inquirer, 9/2/08 "The findings by the commodities commission about speculators' cornering the oil futures market is all the more reason to approve a Senate bill that calls for increased regulation of commodities trading. The legislation would give regulators at the commission discretion to step in when needed, without disrupting markets. The details of such trading is often hidden, negotiated by parties who don't need to disclose them. Greater oversight of this sector of the economy should limit the chances of speculators making everyone else pay at the pump." Philadelphia Inquirer editorial, 9/2/08 Stephen Schork, the editor of energy-market newsletter the Schork Report "Oil is a bubble today. It wasn't a bubble three years ago. The price action we're seeing now is a clear indication there's still air in this balloon to be let out." Wall Street Journal, 9/2/08 "There is plenty of evidence to indicate that excessive speculation in the energy futures market has, at least to some extent, contributed to major increases in oil prices over the last few years. While there is always the risk of going too far with good intentions and making the market worse for oil prices, I think the latest proposals to rein in speculation make a lot of sense." - Rod Nofziger, Owner-Operator Independent Drivers Association. Land Line Magazine 8/5/08. "This reclassification issue highlights the fact that improvements are still needed in the area of data collection and that the agency does not yet have the comprehensive data we need to make any declarative statements about the overall role of speculators in commodity markets," said Democratic CFTC Commissioner Bart Chilton. Reuters 8/5/08. "High prices have largely been down to speculation but are hard to justify in the short term as reserves are not as low as many suggest and prices do not need to be high to be profitable." - Ian Henderson, JPM Natural Resources. Citywire 8/5/08. "Proposals in the U.S. Congress to limit speculation in futures markets also had spooked some investors who had been long -- or bullish -- on oil. Analysts say many investors, including hedge funds, were now short -- betting on lower prices -- of oil, using listed exchange traded funds, or ETFs" - Reuters 8/5/08. "Some people say that buying oil futures cannot affect prices because someone else is always selling. But then if that were true, no price would ever change. Concentrated buying has to affect the market price for oil." - Ben Stein. Yahoo Finance 08/4/08. "We must crack down on speculation in the oil market and close the ''Enron Loophole.'' Analysts estimate that $25 of the price of a barrel of oil is due to speculation and manipulation in energy commodities." - Sam Bennett. The Morning Call 8/3/08. "Speculators are playing a role. I fear it is a significant amount of speculation." - Michael Greenberger, former director of Trading and Markets for the CFTC. Detroit Free Press 8/7/08. "Excess speculation in commodities markets has ruthlessly driven prices up." - Paul Goulding, Chairman of the North Dakota Petroleum Marketers Association. The Bismarck Tribune 8/6/08. Proving that speculation is responsible for higher prices is always difficult, because it tends to occur against a background of strong fundamentals. However, there is considerable evidence that strongly indicates rampant speculation in today's oil markets. One key sign is the documented change in the character of oil trading, with speculators (i.e., financial institutions and hedge funds) now accounting for 70% of trades, up from 37% seven years ago." -- Dr. Thomas Palley, Economist, RGE Monitor, 8/27/08. "With regard to market fundamentals, there have been no changes in demand and supply conditions that explain the scale of the unanticipated jump in oil prices. Moreover, the actual behavior of oil prices is consistent with speculation. In June, oil prices leapt by $11 in one day, and in July they fell back by $15 in three days. Such volatility does not fit a fundamentals-driven market." -- Dr. Thomas Palley, Economist, RGE Monitor, 8/27/08. Chief investment officer at Vitale, Caturano & Company Jeffrey Korzenik said, "But the distorting effects of index speculation are particularly insidious because they undermine confidence in the ability of markets to set a proper price for a commodity. Without confidence that prices are "real," producers won't increase production appropriately, and policymakers can't weigh trade-offs. Fortunately, there are proven regulatory fixes for this problem. One is to strengthen rules that limit the participation of speculators. Congress, through its oversight of the Commodity Futures Trading Commission, has the authority to do just that, and must address this critical issue." Boston Globe 8/21/08 Jamie Py, the president of the Maine Oil Dealers Association said, "We don't know who the speculators are. What if it's a sovereign fund of Iraq or Iran? It could be that they're in there to injure the economy of the U.S." Seacoast Online, 8/20/08 Thomas Palley, a former chief economist with the U.S. - China Economic and Security Review Commissions said, "With regard to market fundamentals, there have been no changes in demand and supply conditions that explain the scale of the unanticipated jump in oil prices. Moreover, the actual behavior of oil prices is consistent with speculation." The Canberra Times 8/19/08 William Berg, president of Sigma Investment Management in Portland, Oregon said, "The recent bull run in commodities was based more on investment demand than the fundamentals of the world economy." San Francisco Chronicle, 8/18/08 Philip Gotthelf, president of Equidex, a New Jersey commodities trading firm said, "Did you see a huge increase in use of petroleum products? No. Did peak oil happen? No. We didn't have a crisis that warranted this $150 oil." San Francisco Chronicle 8/18/08 Mike Greenberg, a trader at Goldman Sachs said, "These speculators sell oil contracts back-and-forth to each other simply to inflate the price and reap windfalls." The Syracuse Post Standard, 8/18/08 "There is plenty of evidence to indicate that excessive speculation in the energy futures market has, at least to some extent, contributed to major increases in oil prices over the last few years. While there is always the risk of going too far with good intentions and making the market worse for oil prices, I think the latest proposals to rein in speculation make a lot of sense." - Rod Nofziger, Owner-Operator Independent Drivers Association. Land Line Magazine 08/05/08 "This reclassification issue highlights the fact that improvements are still needed in the area of data collection and that the agency does not yet have the comprehensive data we need to make any declarative statements about the overall role of speculators in commodity markets," said Democratic CFTC Commissioner Bart Chilton. Reuters 08/05/08 "High prices have largely been down to speculation but are hard to justify in the short term as reserves are not as low as many suggest and prices do not need to be high to be profitable." - Ian Henderson, JPM Natural Resources. Citywire 08/05/08 "Proposals in the U.S. Congress to limit speculation in futures markets also had spooked some investors who had been long -- or bullish -- on oil. Analysts say many investors, including hedge funds, were now short -- betting on lower prices -- of oil, using listed exchange traded funds, or ETFs" - Reuters 08/05/08 "Some people say that buying oil futures cannot affect prices because someone else is always selling. But then if that were true, no price would ever change. Concentrated buying has to affect the market price for oil." - Ben Stein. Yahoo Finance 08/04/08 "We must crack down on speculation in the oil market and close the ''Enron Loophole.'' Analysts estimate that $25 of the price of a barrel of oil is due to speculation and manipulation in energy commodities." - Sam Bennett. The Morning Call 08/03/08 "The Reid legislation provides mission-critical support to energy market oversight, and will help uncover manipulation, excessive speculation, and most importantly, protect American consumers and businesses," CFTC Commissioner Bart Chilton told Dow Jones Newswires. "Once this legislation becomes law, which I hope is soon, I believe the success window for more economically sensible oil prices will become a much more achievable goal." 7/16/08 "Recently, spot prices have risen far above the marginal cost of production and far-out, forward contracts have risen much faster than spot prices. Price charts have taken on a parabolic shape which is characteristic of bubbles in the making," said George Soros. Soros Fund Management, Testimony before Senate Commerce Committee 6/3/08 "What is clear is that the vast majority of Index Speculators do not trade based on the underlying supply and demand fundamentals of the individual physical commodities. Therefore, their trading decisions damage the price discovery function of the commodities futures markets. Testimony of Michael G. Masters, Managing Member and Portfolio Manager, Masters Capital Management, L.L.C. 6/23/08 "We...note quite simply that there has been a long-term trending flow of buying into this market that has greatly expanded open interest and trading volume...we only see higher prices as undermining the fundamentals...making it that more difficult to pin the record prices on a fundamental cause," said Tim Evans, Citi Futures Perspective, "PM Energy News & Views" 6/5/08 "Commodities futures prices are the benchmark for the prices of actual physical commodities, so when index speculators drive futures prices higher, the effects are felt immediately in spot prices and the real economy. So there is a direct link between commodities futures prices and the prices your constituents are paying for essential goods." - Michael Masters, Managing Member and Portfolio Manager, Masters Capital Management, L.L.C., The Hill 6/17/08 "I firmly believe that major investment banks, commodity index funds, and other financial speculators have played a key role in the current crude oil price bubble." Testimony of Fadel Gheit, Managing Director and Senior Oil Analyst, Oppenheimer Equity Research 6/23/08 "Our conclusion from this study is that we are seeing the classic ingredients of an asset bubble." Lehman Brothers, "Energy Special Report" 5/29/08 "As oil prices reach another all-time high, industry and policymakers must take decisive action to address the volatility and unrelenting rise in fuel prices. Reform and transparency in the energy commodity futures market represents a necessary step toward bringing the price of oil in line with supply and demand." - Glenn Tilton, Chairman, President and CEO, United Airlines. CNN Money 6/17/08 "There may now be upwards of $25-$30 of speculation in the price of crude, which continue to soar despite growing stockpiles in the U.S." MF Global Energy Risk Management Group, "We're in Shipped Shape" 5/9/08 "I do not believe the current record crude oil price is justified by market fundamentals of supply and demand. I believe the surge in crude oil price, which more than doubled in the last 12 months, was mainly due to excessive speculation and not due to an unexpected shift in market fundamentals." Testimony of Fadel Gheit, Managing Director and Senior Oil Analyst, Oppenheimer Equity Research 6/23/08 "The increasing prevalence of futures contracts has transformed the nature of oil markets. It is no longer only about the value of oil as an energy commodity, but also... oil as a financial asset." Goldman Sachs, "Energy Roundup: Oil Bulls Take Charge" 10/19/07 "Commodities futures markets exist solely for the benefit of bona fide physical hedgers, the producers and consumers of actual physical commodities. These markets do not exist for the purpose of speculation." Testimony of Michael G. Masters, Managing Member and Portfolio Manager, Masters Capital Management, L.L.C. 6/23/08 "What has driven the market so far, in our view, is that such a high percentage of the speculative trade has become aligned in one direction." Citi Futures Perspective 6/12/08 John Hofmeister, President, Shell Oil Co...pegged the proper range [of oil] "somewhere between $35 and $65 a barrel." Bloomberg 5/22/08 "...we are seeing the classic ingredients of an asset bubble...Larger allocations by institutional investors...desiring to increase their commodity exposure, play a role." Lehman Brothers, "Energy Special Report" 5/29/08 "Unfortunately, Wall Street is not good at foreseeing the long-term consequences of the instruments that they create. We have to look no further than the recent subprime debacle, which has now grown into a worldwide financial crisis, to see where unbridled financial innovation can lead." Testimony of Michael G. Masters, Managing Member and Portfolio Manager, Masters Capital Management, L.L.C. 6/23/08 "Large investment banks keep fanning the fire by making exaggerated oil price predictions that they believe they can help achieve, given the government's inability or unwillingness to hold them accountable." Testimony of Fadel Gheit, Managing Director and Senior Oil Analyst, Oppenheimer Equity Research 6/23/08 "Now that oil has in effect become a new asset class, we should make sure to have the right regulatory framework, and make sure that we do not give incentives to invest in one asset class over the others, be it through regulatory loopholes or a lower transaction costs such as margin calls." Testimony of Roger Diwan, Partner and Head of Financial Advisory, PFC Energy 6/23/08 "There is a loophole in American energy regulation that permits oil speculators to use foreign commodities exchanges to drive prices far above what they should be in a normal, free-market situation," said Gerry Ramm. Inland Oil Co. Washington Oil Marketers Association (WOMA) Press Release 5/29/08 "Excessive speculation on energy-trading facilities is the fuel that is driving this runaway train in crude oil prices." - Gerry Ramm, President of Inland Oil. Money and Markets 6/6/08 "[C]ombined CHECK THIS SITE MAYBE YOU CAN SEE WHO'S FIGHTING TO GET THESE GAMBLERS OUT OF THE MARKET!!!!!!! DEMS OR REPUBS http://www.stopoilspeculationnow.com/

Sorry your misinformed speculation is the only reason gas $4.00 a gallon, congress says they are going to go after speculators betting on oil futures and oil goes down $40 dollars a barrel in less then 2 months. Even after we shut down all oil rigs in the gulf because of the hurricanes and there still not up and running and we have a draw on oil reserves every week since they said they were going after these hedge funds.If you want to come at me get your facts straight,only people that use oil should be allowed in the market to hedge against there position this is how it has been for the last 50 years until the GOD DAMN REPUBLICANS WANTED TO DEREGULATE EVERYTHING IN THE MARKET. If want to get your congress involved go to this web page http://capwiz.com/sosnow/issues/bills/

Are YOU really that stupid to believe that by allowing drilling is going to lower oil prices .Have you ever heard of petrobras they discovered the biggest find of oil ever, and oil went up the biggest dollar amount ever in one day.You want oil to go down get the speculators out of the market. They are the ones buying paper oil futures which in turn has been running up the price. As soon as congress threatened to get speculators out oil started to tank. There was never speculators in the market before Mccain good buddy Phil Graham slipped the enron loophole through. AND BY THE WAY TWO OF BIGGEST FREDDIE AND FANNIE LOBBYIST ARE ON MCCAIN CAMPAIGN CREW !!!!!!!!!!!

REID AND PELOSI, are the ones that want to help out the auto indrustry with low cost loans which bush is threating to veto. VOTE REPUBLICAN (HERE I WILL HAND YOU THE KNIFE SO YOU CAN CUT YOUR OWN THROAT AND THEN YOU CAN GO HOME WHEN YOU FORD GOES UNDER YOU CAN EXPLAIN TO YOUR KIDS & WIFE YOU CAN'T PUT FOOD ON THE TABLE GOOD JOB)!!!!!!!!!!!

Your wrong the presidents policy's mean everything he repealed glass-segal act (cause of the housing downturn). Changes the way we record the loss of manufacturing to not look as bad he adds manufacturing hamburgers for McDonald's as manufacturing jobs. He deprecated the dollar which was valued at $1.20 when Clinton left office too .78 because of his great fiscal spending.

MCCAIN said the same thing earlier in the year about hillary clinton about her health care plan.LIP STICK ON A PIG!!!!!!!!!!!!

I don't know im married with 3 kids maybe thats why mine cost the company more.

HEY JACK ASS I did check and it cost $11276 just for health care and that was for calendar year 2006 which we know cost a hell of a lot more now!!!!!!!! You need to do your research before you start spouting off thank you.

Can any of are fellow caw's let us know if your healthcare system is as bad as NAF WIFE is claiming.

Do you understand that Mccain wants to make you report your premiums your employer pays for your health care. Which means you will have to pay taxes on roughly $12000 in extra earnings a year!!!!!!!!!!!!! So lets see at an average of 25% taxes of income, this stupid move will cost us roughly on average $3000 right out of are pockets!!!!!!!!!! GREAT MOVE MCCAIN!!!!!!!!!!!!!!!!! And how the hell does this make health insurance affordably!!!!!!!!!!!!

What a rip-off I only got 0.92 ,I was hopeing it wasn't my sub pay since I useally get $200 .

The highlights are on the uaw website, just go to links then auto contracts its under ford hourly in pdf.

It DOESN'T LOOK THAT BAD. I did notice the copays are going up to $25 for office visit and $100 for emergency room visit.

Go to uaw website the highlights are in pdf form under links go to auto contracts under ford its all there.

You can just approve it or they will just close your plant down and take you to a plant thats allready approved it.Its that easy!!!!!!!!!!!!