immigrants. really, the oversight just went down from there. they even had a task force they disbanded so look and root out fraud. it s no longer there. they cited inadequate resources for it but yet they were able to send out millions of dollars in unauthorized and fraudulent money. i don t know about that. inadequate resources. never forts the star trek video they put together and big dance party videos they put together. inadequate resources. inadequate and not enough to root out fraud resulting in millions of dollars, millions of taxpayer dollars going to people who hoont be getting it. caroline, thanks. nsa leaker edward snowden in air right now on a flight from hong kong to moscow. but russia is not his final destination. why cuba may be his next stop. and i quit smoking. chantix. it s a non-nicotine pill.
easy signing the attorney general to lead it and quote, root out fraud and manipulation in the oil markets. this comes as gas prices near $3.85 a gallon, nearly a dollar more than a year ago. doug mcelway live in washington for us. tell us more about this task force. reporter: the president s task force is called the financial fraud enforcement task force working group. it includes representatives from the department of justice, the national association of attorneys general. the commodities future trading commission and many other organizations. right out of the box its mission is being met with intense criticism. it s their day jobs to ferret out i will legalities in trading, so why appoint a special task force? graying peirong who is a finance person says this is a transparent political fishing
approval rating. two months ago, gas was at $3.16 a gallon and the president s approval rating was at 48%. but since then, gas prices have jumped 68 cents, which is a lot, obviously, and his approval rating has dropped to 43%. now, are those two things directly related? of course, it s impossible to know for sure, but it seems like there s a good chance. so today at a town hall meeting, president obama announced that the justice department is creating a task force that will, quote, root out fraud or manipulation in the oil markets that could be contributing to these high prices. it will focus some of its investigation on the role of traders and speculators. however, in a statement today, attorney general holder suggested that no evidence has turned up yet of unlawful price manipulation. now, let s talk about whether that s the real problem with gas prices. joining me now is tyson slokum. so is this a real issue? are they on to something?