The politicians don't understand a thing for the majority. I say true specs (Floor, CTA's, hedge funds) do their job, there are some bad apples for sure. I totally agree with the politicians when by speculators they mean "long only funds". That should not have been allowed.
Do you remember when the oil peakers and their following said last summer we would never see $50 oil again ? Oil would always be above $100 or $80 .... Of course they were all loaded up on oil stocks or were selling oil themselves bwahaha what a bunch of buffoons... and crooks