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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (248122)	11/11/2007 5:20:54 PM
From: Ruffian	Read Replies (1) \| Respond to of 281500

it seems like the tide is turning, Clinton backing Spitzer, (what an ass), Iraq, continued progress, Clinton using set up questions.........North Korea seeing the light..........Lib blogs on Defcon 2................

To: steve harris who wrote (248122)	11/12/2007 12:18:01 AM
From: c.hinton	Read Replies (1) \| Respond to of 281500

steve, this is the only mention of bushs name...how does it trash him? " Bush administration officials said overthrowing Saddam Hussein would cost as little at $50 billion, and that much of the reconstruction could be paid for with the Iraq's oil revenue."

To: steve harris who wrote (248122)	11/12/2007 12:41:06 AM
From: c.hinton	Respond to of 281500

Oil has been interesting in that it has been parralled by gold and certain "hard"currencies. In global terms(non dollar) the price has not moved much........ the value of the dollar has dropped 10% as oil has risen . It is possible that oil will remain inverse to the dollar as long as chinas consumption keeps growing strong. When china breaks...the effect on commodity prices and will be dramatic. At that point we will see weather gold is viewed as a reserve currency or commodity. If it is viewed as currency the drop in energy costs will be a boon for miners.