Comments on: Oil Prices Briefly Top $103 A Barrel
Record Prices Retreat After Sell-Off, But Experts Warn Fuel Prices May Rise Again
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- Most peoples have gone up.....must be personal choices made...not the presidents fault
Posted by jwind11 at 02:37 PM : Feb 29, 2008
It''s not the President''s fault? What color is the sky when you look up? Of course it''s his fault. He''s the one that''s let (and encouraged) the economy getting so out of hand. Don''t forget he''s got his fingers in the oil business, too. So he is, among others, are laughing all the way to the bank. I have made more cut backs in my style of living over the past two Presidential terms than ever. Buying gas so I can get to and from work, food, fuel oil for my heater, has become paramount in my household...things like new electronic equipment, and other "toys", are totally out and have been for quite a while. The people whose lifestyle has gone up are among those with huge credit card/housing debt. If I don''t have the cash, I don''t buy it. And saving has become harder with the price of everything. - Reply to this comment
- It''''''''s bad it''''''''s getting worse by the minute. My standard of living has gone down constantly for decades and it isn''''''''t getting any better.
Posted by skyk at 12:59 PM : Feb 29, 2008
Most peoples have gone up.....must be personal choices made...not the presidents fault
Posted by jwind11 at 02:37 PM : Feb 29, 2008 - Reply to this comment
- Thanks, George. I sure do ''preciate you thinking of me and my complete willingness to let you bleed me as dry as a cow-pie in mid-July. You''re one unforgetable world leader and I''m sure gonna miss ya, come next January. NOT!!! Oh, by the way- Let''s not forget those war crimes now, ya hear?!
- Reply to this comment
- and so the rebellion nears... Down with big oil and their speculators!
- Reply to this comment
- Strangely enough, Repukons are not complaining about the Oil price hikes. I think they don''''t drive cars. They just creep over their bellies in front of their masters the Neo-cons to move around and the AIPACkies. Little slaves Repukons...
Posted by grazinggoat at 02:00 PM : Feb 29, 2008
Don''t forget they also donate money to the Billionaire Churches so their pastors can wear Rolex%u2019s, Armani suites and fly around in private jets to their coastal mansions and million dollar condos.
Real bright people - Reply to this comment
- MBCSMITH, try reading again (I know this is asking a lot of you) and answer the question asked, not your beliefs on how they spend it.
The banks and the oil companies are on the same side, the Bush Administration. Picture this, the banks devalue the dollar by bringing the interest rate down to 1% and printing huge amounts of cash to feed inflation. The oil industry, that prices out their product around the world in dollars, now has to charge more for their oil, since the dollar isn''t worth as much. Americans pay inflated prices with their devalued currency. Chevron''s and Exxon''s... see their $40billion record earnings and put it in the bank, (this money isn''t worth $40billion globaly, yet, it''s worth the devalued dollar amount). They switch teams and put the Dems. in office, who raise taxes and the interest rates and the value of the dollar comes back to where it was in 2001.
Answer me this, what now happens to the global worth of that $40billion the oil company put in the bank? - Reply to this comment
- Oil Prices Briefly Top $103 A Barrel
Record Prices Retreat After Sell-Off, But Experts Warn Fuel Prices May Rise Again
-I like the word experts. It means it all. Experts in stealing, in pick-pocketing, in swarming in your account and s*ck every penny out of it.
-Strangely enough, Repukons are not complaining about the Oil price hikes. I think they don''t drive cars. They just creep over their bellies in front of their masters the Neo-cons to move around and the AIPACkies. Little slaves Repukons... - Reply to this comment
- It is renvested in exploration, equipment and rights to oil fields, some pays dividends to shareholders and some pays debt.
Posted by mbcsmith at 01:24 PM : Feb 29, 2008
mbcsmith, the $40 billion was profit! Over and above expenses...get real!
Posted by RowdyTexan2 at 01:53 PM : Feb 29, 2008
mbcsmith greatest gift is his ability to talk out of both ends at the same time - Reply to this comment
- It is renvested in exploration, equipment and rights to oil fields, some pays dividends to shareholders and some pays debt.
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Posted by mbcsmith at 01:24 PM : Feb 29, 2008
mbcsmith, the $40 billion was profit! Over and above expenses...get real! - Reply to this comment
- The Devil''s Tears
The Politics of Oil and Human Rights in Central Asia
Spring 2004
By Lutz C. Kleveman
As a result of its aggressive pursuit of energy interests in Central Asia and its need for antiterrorist allies, the Bush administration has courted some of the region''s nastiest autocrats, including Azerbaijan''s Aliyev, Kazakhstan''s Nursultan Nazarbayev, and Pakistan''s Pervez Musharraf.
But the most tyrannical of Washington''s new allies is Uzbekistan''s Islam Karimov. Under the rule of this ex-communist dictator, tens of thousands of political and religious prisoners languish in the country''s overcrowded jails; many are tortured and executed. "Such people must be shot in the head. If necessary, I will shoot them myself," Karimov once famously told his rubber-stamp parliament. After an assassination attempt in 1999, Agence France-Presse quoted him as saying, "I''m prepared to rip off the heads of 200 people, to sacrifice their lives, in order to save peace and calm in the republic. ... If my child chose such a path, I myself would rip off his head."
Since then, Amnesty International has documented an average of more than 30 executions a year in Uzbekistan, many in secret. Last December, on the eve of an international conference on the death penalty %u2014 organized by a local NGO and which AI was scheduled to attend %u2014 Uzbek authorities forced its cancellation. - Reply to this comment
In sum, the Christian establishment is not Christian at all. It and its leaders are bought and paid for by the Illuminati. It is an integral and inseparable part of the worldwide Luciferian network of evil: The Tower of Infamy. Now, do you understand why today we have hundreds of new false New Age Bible versions? Can you see why heresies and atrocities abound and proliferate within the so-called Christian world?
Ed Ward, MD
http://www.powerofprophecy.com/012005/illuminati_builds_tower_of_infamy.htm- Reply to this comment
- It has been learned that rumors are circulating throughout the Federal Reserve that the Great Emperor Bush II is considering scrapping the dollar as the unit of financial exchange for the USSA, primarily because the dollar isn''t worth the ink and paper it is printed on.
The Great Emperor intends on replacing the currency with a new currency called the "Bushie"! This currency will be a paper currency only with no coins needed since the Great Emperor needs the metal for use in his constant and expanding wars throughout the world.
The "Bushie" will come in the same denominations that the old dollar came in and will be color coded for each different denomination. The design of the "Bushie" will be, essentially, the same as the old dollar currency except that each different denomination will feature the face of a different family member of the Bush family on it, with the Great Emperor''s face on each 1 Bushie, the most commonly used, so that everyone will know who is responsible for causing the collapse of the dollar!!
It is expected that the "Bushie" will only be good in the USSA and not easily traded overseas, especially in Europe where the Europeans have vowed to burn any pictures of the Great Emperor that they find!!!
SIG HEIL, BUSH!!!!
sig heil, McCain???? - Reply to this comment
- hillslug said, "7 years ago gasoline was $.99 a gallon. My paycheck hasn''''t tripled in the last 7 years, has your''''s? And pocket change? I''''m doing good to buy gas and food and trying to keep a roof over my head. Bush and the republicans have sold out the American people to line their pockets and those of his friends. All my life I voted republican and I''''m sorry. It will NEVER happen again."
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The shills for GOP deregulation policy cite the Laffer Curve to justify a hands-off approach to the American economy-- essentially, a "blind faith" in Adam Smith that the unregulated market would take care of everything.
Instead, through the greedy, deregulated 1980''s, Charles Darwin did-- market predators quickly exploited anybody who expected fair play for the consumer. The S&L debacle and the Keating Five scandal were only the beginning.
The American middle class has become an endangered species-- most wealth gains from Bush policies concentrated in the upper income tier. Bush, himself, dubbed this tiny group the "HaveMores" and said, "This is my base."
And the party which consistently chorused this result, with lavish praise for an economic law of the jungle? The aptly-named GOP (greedy old party). Always first to lie, hoping last to be caught. - Reply to this comment
Answer me this, what now happens to the global worth of that $40billion the oil company put in the bank?
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Posted by lochlan at 01:04 PM : Feb 29, 2008
It is renvested in exploration, equipment and rights to oil fields, some pays dividends to shareholders and some pays debt.- Reply to this comment
- January 18, 2008
Bill Moyers talks with David Cay Johnston
DAVID CAY JOHNSTON: Well, there are lots of problems with the government. I''ve spent my life exposing all sorts of problems with government. But government is fundamentally essential. Government is what creates for us civilization.We created this country so that we could be free, so that we could pursue our lives the way that we want to pursue them. And wealth is a byproduct of that. But the government is being turned into a vehicle not to ensure our liberties and create a level playing field but instead into a vehicle to take from the many to enrich the few. - Reply to this comment
- BILL MOYERS: The book is FREE LUNCH: HOW THE WEALTHIEST AMERICANS ENRICH THEMSELVES AT GOVERNMENT EXPENSE AND STICK YOU WITH THE BILL. David Cay Johnston
BILL MOYERS: Yeah, the theme of the book as I read it is that not that the rich are getting richer but that they''ve got the government rigging the rules to help them do it.
DAVID CAY JOHNSTON: That''s exactly right. And they''re doing it in a way that I think is very crucial for people to understand. They''re doing it by taking from those with less to give to those with more. So the other moral authority I cite in the book is the Bible, both the Old Testament and the new. And all the way through those two books you can read condemnation after condemnation of taking from the poor to benefit the rich. You will come to ruin, it says in the Old Testament, if you give to the rich and yet that''s what we''re doing. - Reply to this comment
BILL MOYERS: But did you notice what happened when the Democrats briefly toyed with the idea of removing that tax break from the hedge fund and private equity managers Congress thought very briefly about removing it. And then the industry held a big party for-- Harry Reid, Senate Democratic majority leader down in Las Vegas, and he came back from that big party and said, "I don''t think we''ll be taking that up anytime soon."
DAVID CAY JOHNSTON: The problem of the political donor class''s outsized influence and its grip on Congress is bipartisan. There''s one party in Washington. It''s the party of money. It has different wings and factions. But Washington is the party of money. And the wealthiest people in America, the large corporations in America, are busy milking the government for everything they can get. And you are paying the price of their free lunch.
BILL MOYERS: The book is FREE LUNCH: HOW THE WEALTHIEST AMERICANS ENRICH THEMSELVES AT GOVERNMENT EXPENSE AND STICK YOU WITH THE BILL. David Cay Johnston, thank you for joining me on THE JOURNAL- Reply to this comment
- The banks and the oil companies are on the same side, the Bush Administration. Picture this, the banks devalue the dollar by bringing the interest rate down to 1% and printing huge amounts of cash to feed inflation. The oil industry, that prices out their product around the world in dollars, now has to charge more for their oil, since the dollar isn''t worth as much. Americans pay inflated prices with their devalued currency. Chevron''s and Exxon''s... see their $40billion record earnings and put it in the bank, (this money isn''t worth $40billion globaly, yet, it''s worth the devalued dollar amount). They switch teams and put the Dems. in office, who raise taxes and the interest rates and the value of the dollar comes back to where it was in 2001.
Answer me this, what now happens to the global worth of that $40billion the oil company put in the bank? - Reply to this comment
- killtheliars said, "We need to start using shale oil..."
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Oil industry boosters always can be counted upon to comment, "But there''s always oil out there, if you''re willing to pay for it!" In this case, above poster offers only another way to pay more for oil, not to mention another way to plunder the West like coal companies strip-mined Appalachia.
The difficulty with any scarce commodity like oil is it rapidly loses commodity. People cannot afford to use oil to run their machines and transportation. The larcenous price of oil is more than a market "fever", it becomes a powerful detriment to economic recovery and growth. All to say, price gouging is more than bad market behavior-- it can kill an economy.
(See next, "Oil Price Gouging"-- 2) - Reply to this comment
Oil Price Gouging-- 2
Despite deepening recession, the Big Oil lobby displays utter lack of patriotic concern as its relentless price gouging pushes the economy further into distress. Despite getting the huge tax breaks it wanted from congress, it happily gouges the American public exactly when we least can afford it. Not that its older prices were less of a gouge-- Exxon reported $40.6 billion in profits in 2007! Chevron gouged over $18 billion.
While his Big Oil buddies are busy with their fraternity party at consumer expense, Bush would never admit something like a recession happened on his watch-- or that his friends made it worse. To Bush, all the millions of consumer home foreclosures are simply a "market adjustment", and the economy is only "down".
Bush made matters worse with his lack of a rational fiscal policy. Llike any credit card debtor in desperate straits, Bush borrows to fend off his creditors. Essentially, Bush has borrowed America into debtor nation status and near-insolvency. Heckuva Job, Bush!- Reply to this comment
How gold pays for 
