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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: whitepine who wrote (13256)	10/30/2006 7:09:21 AM
From: robnhood	Respond to of 25575

Wouldn't control of who gets oil & who does not mean anything. If The US controls a huge supply it stands to reason that they control who gets what. Pretty important if you want to control the world IMHO.

To: whitepine who wrote (13256)	11/1/2006 7:19:49 AM
From: robnhood	Respond to of 25575

<<So, how will this cadre of plutocrats coerce the other nations to continue to use the dollar while it plummets from its perch? Oil. As long as oil is denominated in dollars, the central banks will be forced to stockpile American scrip regardless of its value. It’s no different than holding a gun to someone’s head. They will use our debt-plagued greenbacks or their cars and trucks will sputter, their tractors and factories will wheeze, and their economies will grind to a halt. It’s just that simple. America cannot maintain its superpower status unless it continues to control the global economic system. That means the linkage between the dollar and oil must be preserved. The Bush troupe sees this as an existential issue upon which the future of America’s ruling class depends. By 2020, 60% of the world’s oil will come from the Middle East. Bush will do everything in his power to control the resources of the Caspian Basin, thereby expanding US dollar-hegemony and paving the way for a new American century>> Message 22963005