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Safron
Joined: 05 Feb 2007
Location: portland, or
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 Posted: Wed Sep 03, 2008 6:32 pm Post subject: Cheap Oil - Aggressive Military Action - Elections |
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Does anybody remember the last election? Remember how gas suddenly dropped, and we all got happy and re-elected GWB? Now they're adding in Aggressive Military Action to this proven formula. Russia has been accusing the US of trying to steer the elections towards the Republicans - through Georgia. Pakistan is wondering why the US suddenly and without warning attacked the Taliban inside it's sovereign territory. If I didn't know better, I might think that there's some sort of pattern. Might think that some sort of conspiracy is happening. Sad. People's collective memory is short. Someone tell me I'm not seeing the right pattern - and restore my faith in my country and our political system.  Please! |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Wed Sep 03, 2008 6:54 pm Post subject: |
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| Oil prices have dropped because much of the world is in recession. This is called "demand destruction". |
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Safron
Joined: 05 Feb 2007
Location: portland, or
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| Posted: Wed Sep 03, 2008 6:59 pm Post subject: |
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What was it called 4 years ago?  |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Wed Sep 03, 2008 7:14 pm Post subject: |
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| Ask OPEC? Oil prices are determined by demand, hedge funds/Ibanks and a cartel called OPEC. |
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