As on the other threads, oil at $300 = world economy STOPS.
...it’s for the children and Earth...
Wow! Extremely common-sensical essay written by a university professor? In the economics department, no less? Color me impressed. I’m sure his students are getting a great education.
He forgot to mention the outright denial of permits for new coal fired power plants because they do not sequester CO2 which is now declared a “pollutant” in the same class as sulfur oxides, nitric oxides and particulate matter. This is absolutely going to kill us.
I’ve always thought that it is criminal to make electricity from natural gas. It is far too valuable as a home and commercial fuel and a feedstock for higher-value products. Nuclear and low-value coal should be used for generating baseload electricity and reserve gas for running peakers.
http://www.freerepublic.com/focus/f-news/2040782/posts
http://www.freerepublic.com/focus/chat/2040746/posts
Countries won’t just sit around and let that happen.
There will be wars and a lot of dead OPEC member citizens before that is allowed to happen for any length of time.
In 2004, the $30,000-$50,000 income range was evenly split between Bush and Kerry. The further down you went the more heavily they voted Kerry, and the further up you went the more heavily they voted Bush.
And last but not least..........THROW THE BUMS OUT OF OFFICE IN NOV.
Truth:
the US Democrat-controlled Congress intends to destroy the Republican middle class with $11 per gallon gasoline and letting Mexico invade the U.S.
False:
And 40 years of congressional bumbling will be the cause.
Some of the traitorous bastards willingly sell out their constituents for a buck and the rest do it to further their commie dreams.
Release one third of oil in the strategic reserve and oil will go down to $50 per barrel says Newt Gingrich! Let’s punish the speculators!!
Poor people aren’t “forced” to take public transit. If they want to use it to get wherever they want to go, they decide to use it.
Friggin liberals.
They want the US to drop being the lone superpower. They loathe their own country. And the people trying to prosper on their own without government ‘assistance’. In fact these are the same people who want less government in all aspects of their lives. Dems can’t have that.
Again, friggin liberal globalist european wannabe socialist, never saw a tax I didn’t want to raise, Christian-hating yet muslim loving, pig-effing liberals.
BUMP!
However, there is a natural delay before all the adjustments take place. And it is during that adjustment period that those who instigated this will skim the cream off the top.
Soros is undoubtedly one of them.
$300 Oil bookmark
Kerry is a billionare who knew I thought Mrs. Ketchup has the purse............
This was previously posted and commented upon:
http://www.freerepublic.com/focus/f-chat/2040746/posts