Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (29697)	3/17/2003 2:27:30 PM
From: pezz	Read Replies (1) of 74559

<<Pezz, you must have a weird idea on what stealing is. When you kick the door in and help yourself, it's theft, even if you give the oil concessions to your buddies then buy it from them. >> LOL MQ you do have a way of putting your own spin on things don'cha? ... Tell ya what I say the average standard of living in Iraq is gonna be the highest it ever wuz as a result of this war....Do ya challenge that? <<Don't worry about $40 barrel oil - that's no big deal for the world's economy,>> I beg to differ .It would be a big deal especially in the world's current fragile economic condition...Oil finds it's way into the cost of everything.Big tax ...All recent recessions in America have been associated with higher oil prices. No you don't understand American politics if you think the US wants high oil prices...No they don't nope not at all.Iraq pumps about 2M barrels per day. With their reserves they could be pumping as much as the Saudis. That IS what we want lower oil prices.Every President wants power and reelection means power ."it's the economy stupid"....

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