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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (389211)6/6/2008 2:49:38 PM
From: Road Walker  Read Replies (2) | Respond to of 1577024
 
It will be nice to have a president again. The current one is like Nero. Not that a president could do it all, but where is the leadership, especially on a day oil is up $9.

The thing is, this has been inevitable. And this is just with standard stuff. Imagine if there was a disruptive terrorist attack in Saudi Arabia, what if Iran said it was halting oil shipments because of sanctions, what if Venezuela said it would stop selling to the US for some reason, what if there was a major hurricane in the gulf or something happened in the Straits of Hormuz? What happens to the price of oil then? Where have you been?

As long as we're using 25% of the worlds oil production, needlessly, we are super vulnerable both economically and politically. It's the number 1 economic, political and national security issue the US faces today.

Where is the President today? Same place he has been for 7 years; focused on Iraq not on the US.



To: michael97123 who wrote (389211)6/6/2008 3:08:31 PM
From: Taro  Read Replies (3) | Respond to of 1577024
 
At least Nero had an opera written about his wife's coronation and thus also about him. I wonder if anybody will write an opera about Bush Jr.

Taro



To: michael97123 who wrote (389211)6/7/2008 3:20:18 AM
From: tejek  Respond to of 1577024
 
It will be nice to have a president again. The current one is like Nero. Not that a president could do it all, but where is the leadership, especially on a day oil is up $9. Regardless of what bernanke said last week, fed is going to have to cut rates again to ward off what seems to be coming. Trujet in the EU will be quite shocked with Europe goes into recession as well. By talking raising rates, he launched this wave of speculation that some say will take oil to $150 eom.

Oil went up $9-10 because Israel said earlier today that war with Iran is inevitable. Israel, your fav, wants desperately to start a war with Iran before Bush leaves office. And the whole world knows it.