Word: limiters
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...Currently, with virtually no regulation, the oil-futures market - given that it drives the price of oil worldwide - is very small. Dangerously small. To limit trading would make it smaller still. If the government decides to curb trading in the oil-futures market, it would limit trading by purely financial speculators. Instead, the government should focus on trade activity by oil companies, oil suppliers and oil hedgers like airlines. Yes, you read correctly: oil traders with physical ties to crude represent the greatest threat for another price hike...
...Technically, NYMEX has placed limits such that no one firm can control more than 20 million bbl. of oil. Then again, a previously unknown energy-trading company called Vitol controlled 11% of the open interest on NYMEX at one point last summer, which amounted to four times that. Around the same time, SemGroup, a large oil-distribution company, filed for bankruptcy after losing $2.4 billion on a short position that also dwarfed the supposed limit...
...also said that he believed McNamara knew the war was futile early in his Pentagon career, and that McNamara worked diligently inside the government to limit bombings and prevent the conflict from escalating into nuclear war with China...
...that voters are resistant to any means of paying for health reform - and especially to the idea of taxing benefits they are accustomed to getting tax-free. In June, for instance, a Washington Post/ABC poll asked respondents whether they would support taxing employer-provided benefits, even if it were limited to relatively generous plans worth $17,000 a year or more; 7 out of 10 said no. The Finance Committee had been hoping that taxing plans that are more generous than average could raise more than $300 billion over the next 10 years. Now it is considering a higher threshold...
...frustration. "People just don't spend that freely anymore," says Anke Christiansen, co-founder of Hamburg's Geizhaus ("Das Original Discount Bordell") where visitor numbers have dropped by as much as 20% since the crisis began. "Customers who used to come to us three times a week now limit themselves to once a week." That newfound restraint has already forced some brothels to shut their doors. In the Czech Republic, where 14% of men admit to having slept with a prostitute, up to half of all sex establishments outside of Prague have closed in the past year, says Hana Malinova...