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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (24508)6/23/2008 5:46:55 PM
From: SiouxPal  Read Replies (2) | Respond to of 149317
 
Cramer said today that China would pay $150 a barrel for all they could get.
He said America is a small player in these prices.



To: tejek who wrote (24508)6/24/2008 12:27:20 PM
From: koan  Respond to of 149317
 
China, India, Russia and Brazil lead the rest of the developing countries who are just swamping supply of almost all commodities hard and soft.

Many of us have been waiting for years for this to happen. We always knew the US with 5% of the worlds poulation, but consumming 25% of the world's resources was ridiculaous. And causing 25% fo the worlds pollution.

The is no way the entire world can consume and pollute like us and have the world remain in tact e.g. the large ocean dump west of Hawaii.

Now the rest of the world is striving to emulate us. And with almost 7 billion people, overpopulation and gluttany is finally reaching a tipping point and certainly a new paradigm has manifested itself.

The biggest worry is if people start fighting wars over lack of food and fuel.