Wednesday, June 4, 2008

Oil and The 7 Deadly Sins

What does oil have to do with the 7 Deadly Sins ? Pride for which the other 6 are derived from and Greed are a prime reason for commodities and hedge fund trading. The rich that can invest in others failures which is hedge funds (betting on housing and banking failures resulting in home foreclosures), is Greed. The rich that don't need more money are doing it for Pride being able to say "I'm richer Than You." The ones speculating on commodities are hoping for bad times so the price will increase and they will make more money. Seeing people around the world facing hard times and suffering is the worst type of Greed. Not all people investing in the markets do it out of Greed. Most small investors do it for income no different than working. Gaming the oil market to become rich out of Pride or Greed is using oil to indulge in 2 of the most Deadly Sins.

In "Proverbs" 6:16–19, it is stated that "These six things doth the Lord hate: yea, seven are an abomination unto him:"

  • A proud look,
  • a lying tongue,
  • and hands that shed innocent blood,
  • A heart that deviseth wicked imaginations,
  • feet that be swift in running to mischief,
  • A false witness that speaketh lies,
  • and he that soweth discord among brethren.


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