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


To: mel221 who wrote (132283)3/24/2013 4:47:51 PM
From: ChinuSFO  Respond to of 149317
 
From a report on this weekend's talk show on ABC
huffingtonpost.com

Tony Perkins, president of the Family Research Council, told CBS' "Face the Nation" that most Republicans still oppose gay marriage and noted that 30 states have defined marriage between a man and a woman.

Ha ha ha. Continue to shove your heads further up your ass my Republican friends. Keep it us because at this rate, the White House will surely belong to your party in 2016 even though you will have to face a very formidable candidate in Hillary.



To: mel221 who wrote (132283)3/25/2013 10:55:55 AM
From: Wharf Rat2 Recommendations  Read Replies (1) | Respond to of 149317
 
Yeah, and what happened in '08? The supply had been flat for 3 years, the demand pushed the price up to $147, and the world economy collapsed.



Another spike started in '11, because we had lost over 1 M BPD from Libya, but it was stalled by the release of 60 M bbls from the worlds' SPRs.

==

St. Louis Federal Reserve Bank agrees: “For most countries, oil shocks do affect the likelihood of entering a recession. In particular, an average-sized shock to WTI [West Texas Intermediate crude] oil prices increases the probability of recession in the U.S. by nearly 50 percentage points after one year and nearly 90 percentage points after two years.”
reason.com