Big week for the USA as President Trump travels to China and the scoundrels in Iran decide on whether to accept a treaty or continue the madness.
China could very well stop the nuke situation because the Mullahs export so much oil to the communists that it can’t afford to alienate Beijing.
And while we’re on the oil trade topic, we have found out that American companies are selling so much product abroad, they will not moderate pricing here. Supply and demand with no restraint. The American consumer is competing with overseas buyers for gas. That’s why prices are so high for us.
BP doubled its profit in just one quarter, so the Iranian conflict is the Mardi Gras for them. It seems to me that the Trump administration should have a few words with these companies. This is wrong.
Also, harming we the people are Insurance companies that are spending hundreds of millions of dollars on TV advertising. Guess who pays those bills? Regular folks, that’s who. Premiums are up significantly across the board. Another gouge.
I am a committed capitalist, but as Theodore Roosevelt found out, sometimes fairness has to be imposed!
This is one of those times.
See you later for the No Spin News.
