Comments on: OPEC Faults U.S. As Oil Hits New High

Cartel Blames U.S. Economic "Mismanagement," Not Lack Of Supply, For Pushing Crude Past $104 A Barrel

[j-whitman]

Don,,,,, You are really spinning big time Your entire party is against any oversight & has fought even the creation of the 9/11 Commission

It goes directly agaist Bush & your party''s "No Regualtion"

[donbl1]

Joyous, business oversight has increased with this president. More CEO''s have been put in jail than any time in my memory.

[fishinfool43]

I think the only reason Bush is crying to get more oil is so they can continue raping the U.S. consumers at the pump and keep big oil''s record profits up.

[j-whitman]

Don,,,,, You are spinning hared here

The Fed is this administration & they an Congress was warned of the problem in the 1st administration -

---- Your GOP controlled Congess laughed at the warnings & wouldn''t allow a committee

[beehive21-2009]

The only mismanagement we see, is how chevrontexaco make billions / 1/4 ,and the avg. American is going belly up ? How much are the arab making ? The writing is on the wall ,you my friend will pay seen it before ,you crossed the line it''s the duty of the American people to kick some *** ,let us get it on.

[joyous88]

the president and the republiCons are, of course, responsible for this mess
who wanted deregulation, who wanted trickle down,
who ran up FOUR TRILLION dollars in debt to these same oil countries??????

are you stupid or what?

[donbl1]

ilikecats, good point.

[donbl1]

J, what I am saying is that we must look at trends as some days will be up and some down. If you take a single data point and try to extrapolate you will probably be wrong in your estimate.

[taotxzen]

George Bush''s gift to Ahmadinejad

Wednesday, March 5, 2008
During his state visit to Iraq on Sunday and Monday, Iranian President Mahmoud Ahmadinejad spoke of fraternal ties between the two countries, announced a billion-dollar reconstruction loan that will be used for contracts with Iranian firms, and said foreign forces should withdraw from Iraq immediately.

The irony was hardly lost on Iraqis and their neighbors. The virulently anti-American Ahmadinejad could only be received with pomp and ceremony by Iraq''s president, prime minister and foreign minister because President George W. Bush''s bungling has given Iran predominant influence in Iraq.

(cont)

[taotxzen]

(cont)

Ahmadinejad''s meetings with senior Iraqi officials were staged to remind the rest of the world that key leaders and political factions in the Iraqi government have longstanding affinities with Tehran. This is true not only of the Shiite notables - Prime Minister Nuri Kamal al-Maliki of the Dawa Party and Supreme Iraqi Islamic Council chairman Abdul Aziz al-Hakim - but also of Iraq''s Kurdish president, Jalal Talabani. What most binds them to the regime in Tehran is their common history of suffering at the hands of Saddam Hussein''s regime.

For Iraqi Kurds and Shiites, that history weighs heavily on the present. Iran sheltered Iraqi Arab Shiites who fled into exile in 1991, when Saddam''s forces put down a popular uprising in the aftermath of the first Gulf war, massacring enormous numbers of Shiites. Bush''s father had called for the uprising, but after it began, American forces in Iraq did nothing to stop the slaughter. Saddam''s victims have not forgotten that betrayal. And they know that Iran lost hundreds of thousands of its people in the 1980-88 war with Saddam - while Washington, at the behest of its partners among the Arab states, was giving aid and satellite intelligence to Saddam.

(cont)

[taotxzen]

(cont)

None of the parties to today''s many-sided conflict in Iraq will say as much in public, but the lines of antagonism are little different from what they were during the Iran-Iraq war and Saddam''s suppression of the 1991 uprising. The Sunni Arab tribal groups that recently signed up with the Americans to combat Al Qaeda in Iraq make no secret of their enmity for Iraq''s Shiite-dominated government. They regard that government as a stalking horse for Iran.

Bush has allowed the United States to be trapped in the middle of two superimposed conflicts: one between Sunni Arabs and Shiites in Iraq and another between Iran and the Sunni Arab world. To go on talking, as the Bush administration does, about a diffuse war on terrorism is to deny such complexities.

Ahmadinejad''s visit to Iraq will be put to good use if it spurs Bush - or his successor - to resolve those two deadly regional power struggles through diplomatic deal-making, and with a minimum of continued violence.

International Herald Tribune

[j-whitman]

Don,,,, You can''t keep dismissing these problems as mear ups & downs --- Ups & downs are in relationships

[donbl1]

Neocon, actually, because of the .com bubble/bust, Enron, Worldcom and etc. the current business climate is much more regulated than the 90''s. Sarbannes/Oxley is pretty tough stuff and dangerous to mess with.

The current mortgage problem is not due to the congress or the president. That is at the feet of the Fed who has responsibility for regulating the banking industry.

[j-whitman]

ilikecats1,,,, Not me, I''m a non-conformist --- I left instructions to be sent to a taxidermist & to be displayed waiving from my roof.

[donbl1]

J, I just like to remember that it is kind of sinusoidal with ups and downs but generally down in attacks in Iraq.

Although they had an accident and deaths, I was glad to see that the Iraqis are flying their own helicopters again. That is a big step to getting us out of there.

[j-whitman]

Don, Politics obviously, but it''s still on MSNBC & CNN just not as much as it should be -- People get off on the entertainment of the campaign

You just have to look at more news sources, It''s not a rosey picture as they are painting it in the least...

[donbl1]

J, on Iraq, not much being reported on any of the news sites...... wonder why......

[donbl1]

J, not possible.

The cost exceeds our annual GDP.

AND, we do not get the whole way there in 10 years. 20% improvement would drop the cost of oil like a rock.

BTW, heard an interview with a hedge fund manager yesterday that said that only $80/bl is due to demand/supply imbalance. The other $25/bl is due to speculation.

[j-whitman]

Don you might watch 15 minutes of news a evening, probalbly FOX & They don''t talk about Iraq ----- News is one of my favorite past times.

[j-whitman]

bubbles,,,, ROTFLOL ----- Your GOP was warned about bubbles in the housing market years ago & refused to have a committee to do something about it. --

-- bubbles,,,, Say that in 2 more months, bubbles -- my ribs are hurting