Ummm, we get less than 40 % of our oil from OPEC... and they are probably working in collusion with our lovely oil corporations whose OWN profits are slipping below their previously record breaking profit levels... more than likely they're looking at a profit margin that won't shatter the last quarters --- and that is just NOT ACCEPTABLE.
I'd like to add that it's the OIL CORPORATIONS and their connections to our government that have prevented any real energy policy change in the last hundred years, ensuring that we'd HAVE NO CHOICE but to keep using petro products... If you want to talk about enemies, let's talk about the Oil Corporations and their hold on US energy policy.
HereinDC
· 1 year ago
What would Sarah do?
LOL
Webster
· 1 year ago
Sarahk bin Palin?
DCinDC
· 1 year ago
The problems the United States faces are all coming from the GOP’s lack of ability to govern in an effective, efficient manner. Too many of these GOP radicals have put out false ideas and reasons behind the fall of the United States from prosperity.
To solve a problem correctly the real cause of the problem has to be identified correctly. The radical elements inside the GOP continue to identify democrats as the cause of the United States fall from glory. This is a false assumption and belief on their part. The radical GOP cannot face the fact that they are the root cause of the collapse of the United States. The radical GOP and its propaganda has continually identify the cause of the problems facing the United States in every media outlet they possess wrongly. Now the radical GOP is whipping up hate along with their leader John McCain and Sarah Palin just to win. GOP propaganda is killing the United States.
GrMtGirl3
· 1 year ago
When have the Republicans ever admitted to any of the wrongs they have caused or committed? I don't recall even one in the 7+ years of this administration.
aquarius2
· 1 year ago
OT
McCain supporter, JP Freire of The American Spectator is getting his ass whipped on MSNBC by Ari Melber of the Nation.
KarenMrsLloydRichards
· 1 year ago
Back off, bitches! Ari is MINE!!
bosdav
· 1 year ago
"Do we need any more evidence that OPEC, and its leader Saudi Arabia, are our enemy?"
If flying airplanes into our buildings didn't convince people, I doubt oil prices will.
Wild_Weasel
· 1 year ago
Trouble is, WE are reaping what THEY sowed.
Next Prez needs to deal with the culture of greed.
GrMtGirl3
· 1 year ago
Next president needs to re-instate all and if needed more regulations to keep these greedy guys honest . . . it's not a natural instinct . . . proven factor!
FunMe
· 1 year ago
Exaaaaaaactly!
Webster
· 1 year ago
But the Saudis are our friends! Bush and Cheney told us so (and Bush even likes to hold hands with their leaders):
Why hasn't the MSM exposed the role of hedge funds in this week's debacle on wall st.? They are another darling of Greenspan and Bernanke. The volatility on Wall St isn't due to the piddling activity of individual investors. It's the hedge funds. And it was well known there would be trouble this week as the hedge funds' deadline s arrive for notification by investors that they would withdraw from the funds at year's end.
Another darling of Greenspan and Bernanke.
There is Pulitzer-Prize level material in abundance right now. And no one is covering it.
You need an inside wall street blogger on this blog.
GrMtGirl3
· 1 year ago
Professional economists basically have said the market will crash no matter what they (Bush+cronies) do. They allowed the situation to go too long too far. So save our billions they intend to rob only to bail out their rich friends . . . . let it crash . . . . and as in the past we will rebuild. This will be the 2nd time the Republicans have dealt this tragedy to "We the People" but "We the People" are strong, determined and proud Americans that will survive.
munjoyfan
· 1 year ago
PS the market can and will come back, so long as the panic ceases and someone calls out the hedge funds and institutional investors to stop their crazed dumping of stocks. Perhaps the market needs to suspend for a few days. But we no longer have a leader, and neither candidate is going to put himself up as a target by calling for any kind of a solution right now. Too bad. Barack could really do something important by naming the behavior that must stop, and the groups that must stop doing it, under threat of massive nationalization in the future. If the panic doesn't end, there is a real possibiiity that major companies will start to go under. And that could be a real problem.
hawkseye
· 1 year ago
If memory serves me, OPEC has never been able to maintain a cutback in production. Saudi Arabia is always the first to undermine it, and they usually can't agree to it anyway.
Poopyman
· 1 year ago
It's now 3:40 on the East Coast and the Dow has rocketed 700 points in the last 30 or so minutes.
This proves that the market is deeply, deeply insane, and nothing else.
ron071
· 1 year ago
Poopyman: What this proves is that the goverrnment is MANIPULATING THE MARKETS THROUGH SECRET INTERVENTION VIA THE PPT. Bush/Cheney have stripped the government of most other regulations and violated our freedoms and now the market is being manipulated to prevent politically disasterous truth on the economy run wild due to lack of regulation. Face the truth of reality.
Diane_Mason
· 1 year ago
Oil is the only significant natural resource the OPEC countries have. If oil was the only natural resource the USA had, and our whole future development depended on exploiting our only resource before it ran out, you can bet your ass we would be charging $250 a barrel.
Diane_Mason
· 1 year ago
And it wasn't the Saudis who planned our towns and suburbs for a totally car-dependent lifestyle. And the Saudis never forced us to chronically under-invest in mass transit. And the Saudis never held a gun to the heads of US auto makers and consumers, and insisted we produce and buy ludicrous badass SUVs that get 8 miles to the gallon or whatever it is they get. We did that all by ourselves.
So if we don't like the cost of a totally oil-dependent lifestyle, maybe the answer lies closer to home, rather than in scapegoating some stereotypical "greedy Arab" enemy.
ron071
· 1 year ago
I'VE SAID IT BEFORE, AND I'LL SAY IT AGAIN and AGAIN, and A G A I N. There is ONLY one reason that any voter could vote for McSame over Obama and that is racial antipathy. The gulf in competency between the two tickets is so vast that only the irrationality of racism could intervene in the votes of some " AMERICANS". We must face the truth even if it hurts us to admit it. Perhaps reason, self-interest and decency will intervene in those minds.
All Comments
I'd like to add that it's the OIL CORPORATIONS and their connections to our government that have prevented any real energy policy change in the last hundred years, ensuring that we'd HAVE NO CHOICE but to keep using petro products... If you want to talk about enemies, let's talk about the Oil Corporations and their hold on US energy policy.
LOL
To solve a problem correctly the real cause of the problem has to be identified correctly. The radical elements inside the GOP continue to identify democrats as the cause of the United States fall from glory. This is a false assumption and belief on their part. The radical GOP cannot face the fact that they are the root cause of the collapse of the United States. The radical GOP and its propaganda has continually identify the cause of the problems facing the United States in every media outlet they possess wrongly. Now the radical GOP is whipping up hate along with their leader John McCain and Sarah Palin just to win. GOP propaganda is killing the United States.
McCain supporter, JP Freire of The American Spectator is getting his ass whipped on MSNBC by Ari Melber of the Nation.
If flying airplanes into our buildings didn't convince people, I doubt oil prices will.
Next Prez needs to deal with the culture of greed.
http://www.moremuslimthanobama.com/moremuslimth...
HATE TALK EXPRESS
is chugging along!
Another darling of Greenspan and Bernanke.
There is Pulitzer-Prize level material in abundance right now. And no one is covering it.
You need an inside wall street blogger on this blog.
This proves that the market is deeply, deeply insane, and nothing else.
So if we don't like the cost of a totally oil-dependent lifestyle, maybe the answer lies closer to home, rather than in scapegoating some stereotypical "greedy Arab" enemy.