The Senate Committee on Commerce, Science and Transportation is holding a hearing on "energy market manipulation and federal enforcement regimes" today. How the World Works intends to play close attention all day long. But as an appetizer, readers can feast on this barbed tidbit from the opening remarks of Sen. John Sununu, R-N.H.
I'm pleased to see that we have a very distinguished panel. I have to admit I'm especially interested to hear what Mr. Soros has to say, because, like so many Americans, I'm curious to hear what someone who's made billions of dollars on speculation has to say about speculation.
Ha ha. Maybe Sununu was joking. But Republicans are generally disposed to treat titans of Wall Street with more deference when they come to testify in Washington. I guess the rules are different for multi-billionaires who spend millions trying to remove Republicans from power.