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Saturday, June 07, 2008
Oil and the Dollar, an interesting read
The "oil crisis" is nothing of the sort. The world is swimming in oil. Our crisis (political) is that we are controlled by corrupt politicians that will not allow recovery of oil on our own land, forcing us to rely on foreign sources. The "Hate Bush" crowd tries to say he is the cause, but the road blocks to domestic energy are nearly all on the Democrat side of the fence. As we have seen lately, McCain is of the squishy moderate side that wants to keep the US enslaved to foreign oil. McCain is also a pimp for Algore's "Global Warming Gestapo" which will further enslave the US to foreign interests.
Here is an enlightening read on the "falling" dollar and the runup of gas prices...
http://moneynews.newsmax.com/ max_whitmore/ oil_speculation/ 2008/05/ 30/100169.html
The Dollar and Oil — The Truth
Friday, May 30, 2008 8:21 AM
By: Max Whitmore
About a month or so ago, I wrote a column that was a tongue-in-cheek, fictional story that addressed the oil speculation that was going on at the time. Of course, that speculation is still going on. Well, this column is one where I am going to tell it like I see it, warts and all.
I have been in this business for over 40 years, as you all know by now, and I have seen a lot. Some of it has been very good and some of it has been very bad. I don’t count myself as having seen it all, but what I have seen helps me get to the bottom of problems in this business.
I want to address two much talked about topics, the dollar and oil. Both of these are the most misunderstood of all the current investing subjects out there that occupy financial print and talk space. Now, don’t get me wrong here. I don’t claim to be able to see every nook and cranny of these subjects. But, what I do see are the elements that repeat the oldest scams around.
The Dollar
The most overused phrase today is the one that says “the dollar is declining fast and is in deep trouble.” The first implication is that the dollar needs to go much higher and fast. The second implication is that the dollar is out of control and about to fall off a cliff to oblivion. The third implication is that the Fed...
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And [here] is another fascinating read on what is happening to the dollar from a trader [a bit technical but interesting nonetheless]. The comment section is a hoot.
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the dollar,
corrupt
politicains, commodities,
foreign oil
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Edited on: Sunday, June 08, 2008 6:32 AM EDT
Categories: Alternate Fuels (biodiesel, E85, etc.), Corrupt Banks and Businesses, Corrupt Politicians (Bought Politicians), Democrat Wackiness and Hypocrisy, Local, National, World News, Random Thoughts and Comments
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Thursday, September 13, 2007
E85 is spreading more rapidly now
Here is a link to the E85 page. From there you can find the nearest refueling stations that carry E85, state by state.
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Edited on: Thursday, September 13, 2007 7:03 PM EDT
Categories: Alternate Fuels (biodiesel, E85, etc.)
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