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What's really going on right now : Oil near $70/barrel

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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:08 PM
Original message
What's really going on right now : Oil near $70/barrel
A clear admission today by bush that there isn't any plan to end the Iraq War.

The Stock Market hasn't moved in months.

The trade deficit with China got bigger again.

The rest of the stuff is pure distraction.
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shoelace414 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:10 PM
Response to Original message
1. Bush is
Silent on Oil prices
Silent on Medical costs
Silent on Global Warming
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pitohui Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:11 PM
Response to Original message
2. price gouging
like bartcop sez, the oil co. were completely taken off-guard by that sneaky calender, who knew august was coming, & people would be traveling

it's like, who knew, king faud would croak, he was only in a state of senile dementia since 95, who knew abdullah would be in charge

they really think we're stupid

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sattahipdeep Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:14 PM
Response to Reply #2
6. Yep Abdullah's Farm in Riyadh
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Brotherjohn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:23 PM
Response to Reply #6
13. They look like they're at a party! nt
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:24 PM
Response to Reply #6
15. Not a woman in sight. How about Jewish people? Any of them?
How dare we cater to the prejudices and biases of the Saudis by sending only men to this event when women play major roles in our society. And, did we send any Jewish members of the administration? Or are we also catering to their bigotry on that count?
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Lindacooks Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:12 PM
Response to Original message
3. The stock market hasn't moved in 4-1/2 years.
It was around 10,500 when chimpy stole the election in 2000.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:14 PM
Response to Reply #3
5. It's been up & down, but it hasn't moved away from 10,500
for god knows how long.
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Burried News Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:18 PM
Response to Reply #3
10. You would think with the dollar tanking the way it has the market
would go up just to handle the inflation factor. If you accept an inflation rate of about 3% a year, in real terms the market has dropped close to 15%. The Dow would be around 12,000 if the market were even with its value in 1999-2000.
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Burried News Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:20 PM
Response to Reply #10
11. Now if they had gotten our SS money they could have pulled a
rabbit out of the hat and made all the big boys happy not just the oilmen.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 04:11 PM
Response to Reply #11
19. Look for that to happen, soon.
bu$h** is like a dog with a bone, he will get our SS monies for his Wall Street cronies, or he'll know the reason why. Can he just steal SS monies through an executive order?
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puerco-bellies Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:13 PM
Response to Original message
4. America used to be able to influence much of the world's events
Now we SOMETIMES react, with the predictable results.
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:14 PM
Response to Original message
7. Maybe they know there's uncertainty because the Bush Administration's
dirty little secrets are now being revealed?


Take your money and run before the public discovers the deceptions that may be driving the market.
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Bonhomme Richard Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:15 PM
Response to Original message
8. The industry knows Iran is next. n/t
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:18 PM
Response to Original message
9. Wait until Iran and/or Venezuela take a million or two barrels of oil...
...per day off the world market. Then the shits going to really hit fan. Boosh will have to bring the troops home from Iraq to try and control the insurgency we will have here when they start gasoline rationing. I can just feel it coming.

Don
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:22 PM
Response to Reply #9
12. Imagine what SUV drivers would do under a rationing plan.
There would be riots for sure.
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K-W Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:24 PM
Response to Reply #12
16. And allot of very expensive lawn ornaments with plenty of cargo space. nt
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 04:04 PM
Response to Reply #12
17. It would look like the movie Mad Max (Special Edition) around here
Wouldn't be good.

Don
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Burried News Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 02:24 PM
Response to Reply #9
14. Imagine how much money Putin is making?
Yukos Yukos Yukos - ahhh what might have been. :smoke:
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Dinger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 04:07 PM
Response to Original message
18. Clear Correlation To The So-Called Energy Bill
The timing is pretty obvious, isn't it?
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-05 04:14 PM
Response to Original message
20. Add to that the end of life as we know it, and soon:
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