Oil hits $60..TV "money-honey" is downright GIDDY..

[SoCalDem]

Says it's "exciting", and investors are "taking advantage" of the opportunities..

Doesn't that just warm your cockles:eyes:

Apparently the sale of unocal has already been approved..so now we're just waiting with bated breath to see who "wins" the prize:puke:

WHAT THE HELL IS WRONG WITH OUR GOVERNING ELITES:grr:

We may not be fighting NKorea after all.. It might be China..:scared:

China IS doing business with "rogue nations", and is even thirstier for oil than we are...and they can actually afford the oil.. we cannot :(

[dbt]

1. Oh, there'll be NO fighting China.

Well, we might last a day or two...

[phantom power]

4. They could take us down without a shot.

All China has to do is quit financing our debt, and we won't be able to afford attacking anybody. Or, afford anything else for that matter.

[SoCalDem]

5. or refuse to sell us stuff.. We make very little these days..

How would we survive without $4 plastic shoes and $6 jeans:P

[aden_nak]

9. "Army Loses Due To Lack Of Buckles"

As stupid as it sounds, not even the best army in the world can function without small manufactured goods.

[SoCalDem]

10. love your bumpersticker:)

:)

[phantom power]

11. The fact that we buy their stuff is probably why they keep financing us.

We're already a bad credit-risk, and they must know it, but they also know they can't cut us off without crashing our econonmy, and then they lose their biggest market for their manufacturing industry.

But that won't last forever. They'll be motivated to diversify their customer base as much as possible, until they don't need us. Then they can cut us off. That'll be the ride of a lifetime.

[orwell]

8. Righto

You win the prize.

How to win the next "war" without firing a shot.

[SoCalDem]

12. The DC toadies are scared shitless of China

yet they seem to be unable to be proactive in their legislation..

[Mitt Chovick]

2. Money honey?

Do you have any pics :)

[phantom power]

3. That's our "ownership society" talking.

High oil prices are great, if you're invested in the oil biz.

[ElectroPrincess]

7. That's good news for me ...

The wannabe rich will drive their nasty gas gusslin' Hummers and Escalades LESS-OFTEN around our neighborhood.

Nothing more disgusting than the Middle-Middle to Upper-Middle Class pretending that they're RICH.

What Maroons! :P

[orwell]

6. Except

Dow is currently down around 102 points.

Some "investors" are not too happy.

High oil prices on balance are bad for most stocks as they impact consumer spending for products other than energy. For oil investors (W's cronies) it's "Happy days are here again." For everyone else it could soon be..."Buddy can you spare a dime."

Oils well that ends well...