Posted on 10/19/2009 11:37:02 AM PDT by semperfi1stmardiv
Since taking office as the President of the United States, President Obama has encountered crisis after crisis. His next major crisis will be oil prices. Read full article... http://newsflavor.com/politics/international-relations/next-major-obama-crisis/
(Excerpt) Read more at newsflavor.com ...
I’m waiting for him to impose controls on gold prices, or to eliminate it’s private ownership entirely.
Not really, he has caused crisis after crisis to put fear in the ignorant Americans to get his agenda across.
That’s one of my fears.....that they will eliminate private ownership and call in all gold at prices they set. Then they can hold the gold until prices really go out of site and sell it off.......dropping the floor out of gold prices. This would mean that if you didn’t turn in your gold, it would be worthless.
“Not really, he has caused crisis after crisis to put fear in the ignorant Americans to get his agenda across.”
With the school system run by communists, turning out mush heads, and the news media fully complicit, this is a great plan for the Obamas. And it’s working.
It seems to me that cap and tax would have a harder time passing with oil prices going higher but this admin believes the opposite of reality so they will probably pass it over the people’s objection.
Well at least his buddy soros will make out like a thief in the night!
http://sweetness-light.com/archive/obama-helps-soros-drill-oil-in-brazil
There is NO chance Obama and the communists will let individuals own physical gold if the dollar collapses. You will be ordered to turn in your gold for "new paper money." If you don't and you get caught trading gold for stuff, you will be arrested. Your neighbor will rat on you to claim the reward. Hold other assets.
The nerve!
I guess it would make pretty decent bullets.
“...impose controls on gold prices, or to eliminate it’s private ownership entirely...”
Well, that would come sometime AFTER he’d “collected all of the guns”.....
How’s he do that, since neither are registered?
Wake up!
He could only do that with respect to the dollar!
Which is headed toward worthless anyway, and just happens to be the reason for holding gold in the first place!
I guess “big oil” will be the next villain for Obama?
Given that the vast majority of oil companies like Exxon, Conoco, and Chevron come from overseas, I wonder why they don’t just pack up and move to Dubai or Switzerland, or some other tax haven where they can do business without some leftist Democrat demagogueing their company or attempting to punitively tax them out of existence. Halliburton has already done this.
Rep. Maxine Waters is foaming at the mouth at the prospect of socializing...er..a...managing the oil business.
And the dumb masses are falling in line for their oil ration.
Considering the majority of ‘bailout’ funds went to commodities and propping up stock prices....
Of course oil is going UP!
Sorry.....I disagree. It happened in the past, it can happen again. If gold were called in, the price, eventually would go out of site....but you would not be allowed to buy it.....except for collectors coins and the price for them would go out of site.
My thoughts too. I have been mulling on the likelihood that this pig flu will be used as a 'health crisis' to impose martial law.
I have also been wondering how communications will be shut down. That will have to happen to disconnect us from one another. The only 'information' will the official line from the WH.
Dark days are ahead, I fear.
Next major crisis? With this Empty Suit, it’s been, and will continue to be, one right after the other.
That was the point of the article.
While the ‘oil price bubble’ may be the next little crisis, the next big bubble will be Congress’ unintended consequences! In the old days Congress’ unintended consequences were pikers compared to this Congress! Congress and Zero will cost this country an arm and a leg...oil is pennies by comparison!
Cavuto just pointed out that Reagan knew Congress couldn’t regulate Market Bubbles.
His next major crisis will be oil prices.
I ALREADY HAVE IT!!
WHO’s GONNA TAKE IT FROM ME????
The same people that did it before when they made it illegal to own it. At that point, if you still have it, it would be useless because you couldn’t sell it. Sure you can bury it in the back yard if you want, but what good would it do you. It’s like owning a gun but not beint able to purchase the ammo. But, just keep an eye on what’s going on.
I believe that oil will become a crisis on his watch. And it’s gonna be hard to blame it on Bush since the Dems scuttled the Bush energy plan, and then passed their own.
The Baraqqis can only control gold in the USA.
So it will make little difference to the rest of the world.
“..it would be useless because you couldn’t sell it...”
BUT, could you trade it with other like-minded, trusted individuals who have something you want or need?
You probably could trade it if the government didn’t find out you had it. The question is, how much would it be worth?
Even Obama doesn’t have that much power. A $100 worth of gold is the size of a dime. Imagine FedGov trying to find every dime in the USA... not gonna happen. Mostly people ignored FDR’s gold confiscation and even more will ignore whatever the Rat’s cook up.
He does not give a good darn about oil prices or gas prices. Dimocrats LOVE high oil and gas prices. The higher the better. Just ask Algore.
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