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The great oil crunch is another fabricated crisis; another “smoke and mirrors” fiasco; another Enron-type shell-game engineered by banksters and hedge fund managers. As commentator Mike Whitney says: “Once again, the bloody footprints can be traced right back to the front door of the Federal Reserve.”

The Commodity Futures and Trading Commission (CFTC) is investigating trading in oil futures to determine whether the surge in prices to record levels is the result of manipulation or fraud. They might want to take a look at wheat, rice and corn futures while they’re at it.

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