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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (52635)	3/9/2008 12:54:38 PM
From: quehubo	Read Replies (1) \| Respond to of 544266

What impact has the massive wealth transfer through petrodollars been on the US economy? LNG was supposed to be a large factor helping lower CO2 footprint. Just when LNG was supposed to become cheap and plentiful we have worldwide shortages and price escalation. The housing mess is a large factor, but my sentiment is that energy costs are another elephant in the living room no one is considering seriously. We have only taken actions to worsen energy costs. Bigger houses, bigger cars, longer commutes, etc. No drilling in USA, no coal plants, nukes maybe if the developer is really lucky. Homeowners were not only borrowing against inflated home values to pay for Chinese imports, they were borrowing from OPEC to buy their oil and LNG. This Summer if it is not a cold one with no hurricanes is likely to cause massive pain as home electric bills see records never seen before. This is the sacrifice the GW have been implying. Just wait until they tack on CO2 credits on top of $10 NG.

To: Dale Baker who wrote (52635)	3/9/2008 1:03:31 PM
From: wonk	Respond to of 544266

And McCain is running almost even against his likely opponents, a pair of pols who will be driving each other's negatives through the roof for the next 3-5 months. Well, it is what it is. I think history shows that the election really does not get started until Sept 1. I would think that many of those polled are indicating preferences by type. IMO, this is McCain's ceiling with Hillary, because her negatives can't be much higher. You can drive Obama's negatives up, but McCain's will go up too. When people stop focusing on preference reflexively, then again, I think its a wave, but time will tell.