Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bearcatbob who wrote (70080)	6/1/2008 5:30:06 PM
From: Dale Baker	Respond to of 541424

Putin is ruthless and nasty but he knows how to run a balance of payments, and he is doing what the Saudis probably only dreamed about, building an energy and military superpower, and making a profit in the process. While the US spends itself into oblivion and drowns in our credit card charges at the gas pump. It is a multipolar world and likely to become even moreso.

To: Bearcatbob who wrote (70080)	6/2/2008 6:02:46 PM
From: Cogito	Read Replies (1) \| Respond to of 541424

>>Note the oil and gas export earnings. They are amongst the biggest fans of Democrats!<< Bob - I thought that today's sky high oil prices were mostly because of soaring demand from China and India. (Never mind that their demand hasn't risen by an amount that could possibly explain the rise in prices.) Isn't that supposed to be it? Isn't US demand actually down somewhat? With all that demand from the Chinese and Indians, wouldn't Russia be happy even if we were drilling all over the place? - Allen