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Politics : Foreign Affairs Discussion Group

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To: Hawkmoon who wrote (192033)	7/19/2006 2:11:40 AM
From: geode00	Read Replies (1) of 281500

No, that would be 20% of the population. 15 or 30% unemployment doesn't include children. It includes people who would be working if they had jobs. I don't know how the Saudis calculate it but in the US it's calculated by using those filing claims. Once they're long-term unemployed they fall out of the 'unemployed' population which is absurd. 5% unemployment in the US doesn't mean 5% of the entire population. That would be 15 million. Our unemployment rate of 4.6% means 7 million unemployed. Maybe someone will tell me if my math is correct. If I understand the situation, Venezuelan oil profits go to the people. Chavez was elected and leans left which is why Venezuela was an unintended consequence. Bush only wants dictators and megacorporations profiting. Support Venezuela, buy at Citgo! T. Boone Pickens believes in peak oil. He's a billionaire and a geologist so it's likely he knows something. He's watching production versus demand and he isn't expecting massive amounts of new production and dwindling demand. I think he said 85 million bbls/day production and 86 million bbls/day demand or something like that. We may have to bring back horses and the buggy whip.

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