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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: PROLIFE who wrote (767362)	4/23/2008 5:54:23 PM
From: longnshort	Read Replies (1) \| Respond to of 769670

The left let them be exempt from Kyoto

To: PROLIFE who wrote (767362)	4/23/2008 10:55:20 PM
From: BEEF JERKEY	Read Replies (1) \| Respond to of 769670

I think it ludicrous that Bush fart catchers argue that his policies have been oil price neutral. Its the one way the world can screw and really hurt us - the price of oil. Thats why I say Bush has made us weaker with his general belligerence and disdain for the rest of the world. Normally when a country's current account deficit gets out of whack it's currency falls and they are able to export more bringing the account more in balance. Whats keeping that from happening in the US is the continually rising price of oil. The current account is still way out of whack - approaching a trillion a year - even though the buck has lost almost half its value. "The Inevitable Collapse of the Dollar" youtube.com The biggest supplier of oil, the Saudis are pissed at us for Iraq and our totally biased unconditional support of Israel. Don't be surprised if they quietly want us to fail and be taken down a notch. The Russians are the second biggest suppliers of oil and we have jammed our missiles defense system down their throats - its unlikely they cry as the price of oil goes up. Iran is the forth largest producer and Venezuela is significant - nuff said. Add the fact that the invasion of Iraq has taken supply off the market and you can't say Bush is Oil price neutral. The truth is China could collapse our economy tomorrow if they simply sold their US treasuries and bought Eruo's in mass. Probably though - they won't have to - the buck will implode on its own at some point unless either the price of oil drops way way down or consumption drops way down.