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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (52701)2/5/2006 9:58:50 AM
From: shades  Read Replies (1) | Respond to of 110194
 
You need to search for bensons AMERICAS TRIBUTE article - he said oil is priced in dollars cause we got the big guns and keep the saudi royalty in power while they buy our treasuries - if they dont buy our treasuries - why keep them in power? If they go against our wishes - we deliver shock and awe saddam style. But some saudi boys have been meeting with chinese gubbment types and such so maybe we dont have the hold over saudi boys that benson thinks.

Look at the macro issue - politco leaders want to stay in power - they stay in power by J6P staying pacified and not showing up at the polls - the incumbents keep thier washington la vida loca party rolling - ted kennedy gets some more hot hookers in DC and Blount gets some more private jet flights to the bahamas - etc etc - if j6p get laid off or pissed off because of global imbalances or trade deficits or globalization and declining standard of living or such he is gonna have free time to show up at polls and make some voting decisions. What would all these career politicians do if booted to the street? Go work for wall street or become big business lobbyists? well I hear there are ethics rules trying to stop dat.