high oil prices, no matter what the global markets / Saudai's say ($70 bbl, not $139 bbl) continued arguements in the media over there being nothing that can be done to severly correct these extortionist fuel prices... continued support for these policies that continue to devastate the American economy, citizens (not residing in Texas or not wealthy).... not to participate in the June 22nd Saudai summit on real world demand & supply continued overly simplistic pundant conversations regarding taxes, taxing excessive profits of these oil companies or the like.... more confusion and less action.... ------------- hard to argue with what has already happened....
The three things Bush will be remembered for is: * increasing the price of oil by 10 times * bankrupting the country with an illegal war and * making the dollar worthless. That is pretty much all he has accomplished. Ralph Nader should be hung now.
utto oh, there goes another airline in bankruptcy... time for more pats on the back for Mission Accomplished
Excellent Commentary ................................................................... The Bush Mostly Cheney Oil Administration do not think that the Iraq War .....nor the Iran rhetoric stokes oil..... It is just demand.... And Haliburton has nothing to do with anything.... ............................................................. One looks forward to the day these people are forever gone from government....and hopefully will be put in jail....forever.... ..................................................... The number 1 problem in the US is corruption in its highest offices of government.... And no one is doing anything about it....
Oil traded between $30-40 a barrel in 2000. How do you figure a 10x rise? How much has your home value increased since 2000? The dollars worthless? News to me. I spend them everywhere. Maybe if Americans wouldn't buy 110% of their goods from Asia we'd have a stronger currency. 'Bankrupting" the country? Whatever. The war has only cost 3x what the Katrina bailout cost. The Democrats could end funding for Iraq today if they wanted but it's easier to campaign as anti-war and then continue to vote for war funding.
Bush wants continued confusion and partisanship and label throwing and divisiveness..... War College teaches the lessons of Pearl Harbor and also the Vietnam experience in that: 1) the enemy took advantage of the US Congress (both houses) public debates and inability to draw a solid conclusion and drew their conclusion that they could attack (whatever the targets were) because the Americans would not act because of being divided... 2) the US has never forgot those lessons, and what you misrepresented proves that too. 3) Bush-II started a war so as to guarantee his re-election on 2 grounds: a) remember the expression in the news: "don't change horses in the middle of the race" regarding changing administrations with a new war on hand b) because of the lessons learned in the 2 above cited wars / enenmies, both houses would have to vote in favor of any war instead of registering a public vote of no confidence which the enemy would use against the troops ------ wonder why your overly simplisticly drawn conclusions conveniently left out those essential facts or details (in case those are not viewed as facts)? ----- nothing is just so plain and cut / dry, Bush-II wants this confusion and $12 prices at the pump......
As a general policy I do not waste my time educating people like you that obviously cannot be educated, but I will point out that oil traded in the teens in late 2001.
OK, lets see just how off base you are. 1) oil is up almost entirely from demand in china/india, speculation, and a drop in the dollar. Bush do this? No. 2) illegal war? possibly. bankrupting the country because of it? not even close. Look at a chart of US spending. Would be in deficit anyway. 3) dollar value. this is much more the FED than anything. The FED is non partisan. The dollar has dropped almost entirely from interest rate differentials. it has even dropped dramatically against currencies that have larger deficits than the US. Think Britain. notice how the dollar moves dramatically when ever the ECB raises or the US lowers, and visa versa. Interest rates.
The drop in the dollar is largely a result of the war in Iraq and all of the borrowing / dollar printing it has necessitated. Did Bush do that? Check. The increase in oil is largely a result of "geopolitical tensions" (i.e. the Iraq war and threats to go to war against Iran) and the decrease in the value of the dollar. Did Bush do that? Check. Also, I am sorry to be the one to tell you but the president does have influence over the Fed.
Listen FUCK WAD, where was oil when Bush BECAME PRESIDENT? Any DILDO can pick the low price a year later. If Bush is so criminally pro-oil then why did he "allow" it to even get in the teens a year after he was President. And Why did it take over a year AFTER the invasion of Iraq for oil to take out it's pre-invasion high? How much GDP (and thus energy usage) have Brazil, China and India ADDED since 2003? Moron.