Then what is the problem? He is merely reporting some economic realities.
Do you feel $80 to $100 oil will have a deleterious effect, not only taking the steam out of the housing bubble, but the U.S. and global economy in general?
If those jihad possessed lunatics in Iran are not stopped and soon, their insane goal is to bring the Western world to our knees since the only lucrative commodity (oil) they abuse (for terrorism) coupled with the rest of the OPEC dictatorships have, is still unfortunately the main source of fuel running our economy. Overseas imported crude oil.
There is a far larger picture here then only the American what's transpiring within the U.S. housing market.
Russia dismisses U.S. call to stop cooperation with Iran
