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It seems like politicians are getting better and better at squeezing and extracting more money out of average people throughout the world.

A week ago, at Thursday’s night Democratic presidential debate in Orangeburg, S.C.,
former Sen. Mike Gravel of Alaska reportedly said:


“Every one of those people except Kucinich is taking hedge fund money,” he claimed. “Hedge fund money is the manipulation of the economy overseas and nobody knows anything about it…. If the world economy tanks, it’s going to be because of the hedge funds.”

http://www.msnbc.msn.com/id/18348028/#storyContinued

Can someone give more specifics about what Gravel was discussing?

http://www.globalpolicy.org/globaliz/econ/2006/1201hedgefunds.htm
http://www.hedgefundcenter.com/wrapper.cfm?article_type=hedge%20fund%20facts&content_id=215&content_type=articles&aff_id=0
http://seattletimes.nwsource.com/html/sundaybuzz/2003599491_sundaybuzz04.html

2007-05-04 01:32:56 · 2 answers · asked by Skeptic 7 in Social Science Economics

2 answers

whats a hedge fund

2007-05-04 10:35:38 · answer #1 · answered by Anonymous · 0 0

It's really cold in Alaska.
If someone gives public speeches outdoors without a hat, they chill their brain and it does not work properly.

More generally, If you want more details about what a politician said in his election bid, you should check his website or write him an e-mail. It is his job to explain his position to people, not mine.

2007-05-04 15:06:24 · answer #2 · answered by Anonymous · 0 0

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