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Posted by: engineer 1 year, 6 months ago
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engineer1 year, 6 months ago
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Locky12Comment removed: Spammer, Abusive34 Replies
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DropkickaLib1 year, 6 months ago
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Actually, China and India would still be substantially increasing their purchases of oil and food on the world market so the war is not the only, maybe not even the most important factor in prices, since there are other demand factors.
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populist1 year, 6 months ago
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you're right, spending is fiscal policy. So yes, both fiscal and monetary policy are totally off base and need to be reformed.
By printing, I mean the creation of new money - whether it's done by computer entiries and an artificially low interest rate or by physically printing money (which is rare), doesn't matter. the end result is the same.
This government has been destroying the value of the US dollar for a long, long time.
Too large of an M3 money supply, and too much borrowing/spending can only lead to ruin.
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MRCOFFEECAKE1 year, 6 months ago
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Yeah sure.
and when one oil freighter was grounded the prices increased
20% worldwide in the early 80's (from .78 to nearly $1.00
for several months)..One hurricane sent oil prices up 50% (from $2.20n to $3.50 in 3005, but during election months
(in Oct. 2002, ($1.75 to $1.45) 2004 ($2.00 to $1.65) and 2006 ( $2.65 to $2.00) they can drop 20%?????..You must be an idiot, or a spokesperson for those devils!
Those poor stressed out oil companies.
They are more evil than tobacco executives.
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MRCOFFEECAKE1 year, 6 months ago
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Look who voted to sink this story.
What a list of war mongers who still don't get it.
So much for supporting American ingenuity or even thinking the horrible thought of mankind becoming more civil.
More of the same?? How original. How pro-death and destruction. How blind.
How pro-pollution. How pro-oil company of them!!
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fourthtunz1 year, 6 months ago
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MRcoffeecake, too many people are still living like it's the 50's and believing everything our government and media tell us is true.
They find it hard to believe that our government was taken over a long time ago by special interests. Eisenhower warned us at the end of his term that we should beware undo influence by the special interests and the Military industrial complex.
Unfortunately his warning was at least 50 years too late.
Wilson at the end of his term bemoaned what he had allowed, letting the bankers take ahold of our country through the federal reserve, which is not federal by the way.
Instead of relying on pundits, it is time for americans to start doing their own critical thinking.
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mark-stevens1 year, 6 months ago
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I saw a retired CIA operative on late night news... 20 years Middle East assignment. Al-queda for 20 years has been working towards $300 a barrel. A bullet to the head of the American economy.
The oil companies profit is at 7%. Whats your credit card or bank loan interest??
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