Martin Eisenstadt’s Blog

In the last year, there has been no significant change in any fact on the ground, i.e. supply and demand, that would affect the price of oil. Yet, oil has been surging, and always with a handy excuse. Sure. China and India are burning more but we’re burning less and new sources are being found and developed every day at sped up rates all over the world. And that popycock about disappearing oil supplies, that’s fifty to a hundred years away, and the information isn’t new. So why now, in our time, in this last year, have we seen such extreme and sudden rises in the price of oil?

Because Wall Street is out of hand, run by crooks and profiteers. The housing crisis, like the oil crisis, did not explode onto the scene because of something wrong with the fundamentals but because of wild bets and manipulations initiated by glorified gamblers using our nation’s economy as their roulette table. Wall Street was once a serious place, operated by serious families like the Kennedys and Bushes. In the last couple of decades it’s become a free for all, a den of gamblers and speculators, loyal to no one except their wallets.

The time has come, finally and begrudgingly, to declare a War on Wall Street, in the same manner that we’ve had wars on drugs, terror, childhood obesity and diabetes. And this is exactly what the Senator plans to unveil at the upcoming Presidential debate in Mississippi, a friend high up in the campaign and close to Steve Schmidt tells me. The line of argument will go something like this: Wall Street needs to be liberated, like Baghdad, from the thieves and usurpers, so that it can be returned to its rightful, hugely important role in a thriving free market economy.

Barack Obama, who so often boasts that he chose community activism over working on Wall Street, as if those were the only two career options available to a man just out of Columbia and Harvard, is clearly not up to this task. With his disdain for everything military, Barack Hussein Obama cannot be trusted to properly invade, occupy and police Wall Street in this monumental upcoming battle. Obama, as President, would be too constrained and overwhelmed by forgotten deals and palace intrigues to take on his fat cat benefactors and Ivy League buddies. Where does Democratic money come from if not Wall Street, lawyers and entertainment. Shut Wall Street down and you’ve just shut down the Democratic Party.

John McCain, on the other hand, knows Washington and knows how to wage war. And because he’s been around so long, John no longer has to worry about the corrupt influences that new politicians, like Barack, are still beholden to.

In addition, John is a proven reformer with a coterie of hard-learned experiences under his belt. The Keating Scandal taught him the dangers of greed, and he’s learned the lesson well. Look what John did to Jack Abramoff with whom he had a personal grudge. He put him away for half a decade. John McCain is a soldier, a reformer, a maverick, just the qualities we need in the new Sheriff on Wall Street.

And I can attest, from first hand knowledge, that John genuinely enjoys punishing the wicked, that he thrives in war-like environments. John McCain knows how to win wars. Does Barack?

Update:  I noticed in this morning’s New York Times that David Brooks raised points strangely similar to the ones I raised in this article yesterday.  Not the first time that’s happened.  I don’t know if I should be flattered or offended.  Regardless, here’s the link: