Rush Limbaugh Live Thread Wednesday 10-18-2006

Rush Limbaugh.com ^ | 10-18-2006 | Rush Limbaugh

[MNJohnnie]

http://www.freerepublic.com/focus/f-news/1720277/posts

Why Gas Prices Dropped money.cnn.com ^ | October 16 2006 | Nelson D. Schwartz

Posted on 10/16/2006 10:31:49 AM CDT by kellynla

(Fortune Magazine) -- If the recent plunge in gas prices is the result of a conspiracy by President George W. Bush to help the Republicans retain control of Congress, as 42 percent of Americans believe, according to one Gallup poll, a lot of Wall Streeters wish they'd been in on the plot.

So what really drove prices down - if not an Oliver Stone-worthy scenario involving the Commander-in-Chief, the House of Saud and Secretary of the Treasury Hank Paulson cajoling his cronies at Goldman Sachs to sink the crude market?

By late summer, hedge funds and other investors had poured billions into long positions in oil, gasoline, natural gas and the rest of what traders call the "energy complex," all betting on a replay of the severe 2005 hurricane season that sent prices soaring in the wake of Katrina and Rita. But one day after oil reached a monthly high of $76.98 a barrel on Aug. 7, government meteorologists downgraded their hurricane forecast and cautioned that a repeat of 2005 was "unlikely."

That announcement, combined with the end of the summer driving season and a recalibration of the Goldman Sachs (Charts) commodity index that reduced the weighting of gasoline, prompted speculators to head for the exits even faster than they'd piled in.

The switch in Goldman's basket of commodities had been previously announced by the firm, but that didn't stop the conspiracy theorists.

[AliVeritas]

And...

[imskylark]

"I believe he was one of the few Republicans who ran on term limits and kept his promise"

No, he didn't. He ran, won, and about a month later decided to resign to spend more time with family. We had to have a special election and it cost the taxpayers a lot of money. Luckily, we got Jeff Miller. He is a true conservative.

[American Quilter]

Not true, quidnunc.

[AliVeritas]

Thank you.

[MaestroLC]

George Allen is going to beat Webb. Watch it happen. Washington Post can choke on that one.

[mnehring]

A drive by is a poster who never ever shows up in 'live threads' except to make a quick comment trying to split our side and then rarely posts again..

Some are sincere- that's fine.. they are good to debate.

Some, however, are what we call HSWs (Hillary's Secret Warriors) who are libs posing as conservatives in a viral marketing tactic to suppress the vote & split our side. The dems actually have a stated strategy in doing this..

Reading material on the subject.

http://abaraxas.blogspot.com/2006/02/viral-marketing-in-political-game.html

http://abaraxas.blogspot.com/2006/09/viral-marketing-in-politics-take-2.html

[rightwingintelligentsia]

I recorded the entire Republican Convention on VHS (I'm not as technologically advanced as you . . . ).

[evad]

hmmm...thought that was a cheap shot Rush just took at McCain.

[BigSkyFreeper]

Don't know about that TP... but I know there are some trolls on this thread right now.

Yeah, they come out of hiding during election season, sowing the seeds of discord and dissent within the threads.

[AliVeritas]

Payback for libs having no ideas?

[spatso]

"Very simple, an un-American Party vs the American Party."

I am not sure that I believe that anymore. I was disgusted by the way Limbaugh and Hannity when they tried to explain away the Foley scandal, at one point even trying to blame it on the kids. I was even more disgusted with how may of the FR posters shouted down some of the subsequent commentary when some, including myself, tried to express their moral outrage. So, I guess I am deciding it is time for me to move on. I guess I no longer fit.

[AliVeritas]

Yet... the DCCC has to borrow money, they're so mainstream. /s

[mnehring]

Just ask 'How'?

[Clint N. Suhks]

my so called Republican Boss tried to get me to agree with him that BUSH sat down with Exxon executives and changed the gas prices just before the election.

BWAHAHAHAHAAAAAA!!!

Ask him if Bush first sat down with OPEC to lower crude prices?

[nitejohnboy]

So why listen to him? Spend your time with someone who is consistant. Air America or its replacement or Michael Savage can probably use the ratinings.

[MaestroLC]

Carville predicts 50 seats? He.Is.Crazy.

[American Quilter]

I swear, I wish I hadn't stopped listening to Laura Ingraham over a year ago, so I could stop listening to her again!

LOL

[TexasPatriot8]

The DNC doesn't have the money and has to borrow it because most Americans don't support them. Funny how the GOP has no problem raising money. If most Americans really opposed the GOP right now, the GOP would be the ones having to borrow money. That says it all.

[BigSkyFreeper]

Allen will beat Webb like a drum. I listen to Rush on a station out of Norfolk, VA, and the ratio of Allen ads versus Webb ads per hour is like 4:1.

[MaestroLC]

Ask him if Bush first sat down with OPEC to lower crude prices?

It was Rove. *shhhhhhh* ;)