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World Events
Topic: Oil up $10 last week! Record price of $126 PPB!!

#AuthorMessage
31
Sport Goofy
Tue 5/13/2008 3:30p
Why is anyone surprised with all this? It was all very predictable 7 years ago when we elected Big Oil to the White House. That's when I bought my shares in ExxonMobil.

Expect prices to remain inflated through the end of W's administration. Commodity inflation is all just a game to prevent him from having a negative GDP during the time he is in office. As long as we can inflate commodity prices at a higher rate than the government reports inflation, GDP remains positive. Its a parlor trick designed to deceive the American public. The bad news is that when the house of cards collapses on this scheme, it will be very bad for the U.S. economy across the board. Of course, if it all happens after W leaves office, he could care less while he has his feet propped up in Crawford.
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Happy birthday mickey!
Posted: 11/18/08
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