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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (57065)	7/20/2005 11:31:29 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

I wish everyone would stop using the 1981 inflation adjusted crude oil price, it is a useless measure of nothing, as the rest of us live in real time here in 2005. As for the other thing, the beat goes on> Message 20571889 War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses.

To: Rock_nj who wrote (57065)	7/20/2005 12:33:02 PM
From: tsigprofit	Read Replies (1) \| Respond to of 57584

I don't think you are factoring in the following costs for oil due to our presence in the Middle East for 15 years plus now: 1. Worldwide loss of reputation and condemnation - even among most US Allies. 2. Expenditure of over $ 300 billion and counting - probably on track to top 1 Trillion dollars over the next 7-10 years if we are still there. 3. Terror attacks beginning in the 90s, including 9-11. We have inflamed Middle Eastern groups who are now determined to have a 50 years war with us to expel us from their territory - which they see that we have increasingly invaded and occupied - beginning with Saudi in 1990. What was the cost of the 9-11 attacks to the US economy and in lives? How much financial damage did that do - and how many businesses went under in 2001-2003? I know of a number myself directly from this. 4. Added "friction" due to vastly increased security costs in the US. These costs from more security, dogs, technology, etc. are all expenses added to the American economy and products as a result of terrorism, which has occurred mainly due to bad US policies in the Middle East. Those are 4 I can think of. I know there are more. You can see that the real cost is easily in the trillions over a 10-20 year period. Add those costs to the 2.50/gallon now in many areas of the US (cheapest grade) and I don't know what the number is - but it's high - probably 5.00-7.00/gallon if all costs were taken into consideration. Wind, solar, clean US coal, US nuclear, Canadian oil shale, fuel cells, hydrogen, biomass - they all look pretty good to me compared to that. t >> We're not there to protect the camel trade. Why do Americans have so much trouble reading between the lines of our foreign policy (even when it's clearly spelled out in previous statements and actions)? We're there for the OIL, and it's cheaper because our military is there.