Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (373550)	3/10/2008 8:51:49 PM
From: RetiredNow	Read Replies (3) of 1572943

Hi Tim, the point tejek was trying to make about Brazil's stock market going up, because they are oil independent is a very good one. Economists have long known that oil acts as a giant tax on our economy. The more money we have to spend at the pump the less we have to drive the Consumer Spending portion of GDP. Consider this: Projection: US to Pay $440B for Imported Petroleum in 2008 greencarcongress.com That's $440B we could have been spending on other things in the US, perhaps on homegrown US companies making alternative fuels, instead of pumping $440B more money into the Middle East's coffers. Oil independence is a no-brainer. Too bad Bush has no brain to even begin to contemplate no-brainers.

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