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Oil leaders' private debate televised by mistake
The Observer, The Guardian (Great Britain) ^
| 18NOV07
| Tim Webb in Riyadh
Posted on 11/17/2007 6:11:08 PM PST by familyop
click here to read article
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To: VxH
...true! Our treasury folks recently told Germany that they’re in favor of a strong dollar and implied that they will prop it up. They would be far wiser, IMO, to try to ease into what’s to come sooner or later (oil much higher and the dollar much lower).
Oh, yeah. “I’m in favor of a strong dollar. Dollar, I command thee, get thee up!” [Dollar goes higher.] “See? We tried, and the dollar is still falling. We even tried Viagra.”
21
posted on
11/18/2007 5:17:51 PM PST
by
familyop
(cbt. engr. (cbt.)--has-been)
To: VxH
Oops. Correction:
“[Dollar goes lower.]” And it will, IMO, given the inevitabilities of international trade. ...might bump up a time or two, but all-in-all, it will fall. I, for one, hope to see it happen gradually rather than suddenly.
22
posted on
11/18/2007 5:19:43 PM PST
by
familyop
(cbt. engr. (cbt.)--has-been)
To: familyop
[Oops. Correction: [Dollar goes lower.] ]
Been reading from the Fed's operating manual have you?
23
posted on
11/18/2007 5:37:13 PM PST
by
VxH
(One if by Land, Two if by Sea, and Three if by Wire Transfer)
To: familyop
It may have been a mistake.It may have been a tactic.
24
posted on
11/18/2007 5:42:55 PM PST
by
arthurus
(Better to fight them OVER THERE than to have to fight them OVER HERE!)
To: VxH
"Been reading from the Fed's operating manual have you?"
Yes! That was the brainwashing kicking in momentarily. ;-)
25
posted on
11/18/2007 5:56:01 PM PST
by
familyop
(cbt. engr. (cbt.)--has-been)
To: SatinDoll
No, the weak dollar has nothing to do with our oil consumption. It’s has to do with runaway spending and a Central bank with it’s head in the sand.
This isn’t the fault of the Chinese, Saudis, Soros or Iranians, this is the fault of the Republicans who cut taxes while increasing spending.
To: HarleyD
Well, that's a big "OOPS". Look for the technician to be the next target of a suicide bomber. Fixed it for ya. ;)
27
posted on
11/19/2007 1:09:15 PM PST
by
AFreeBird
(Will NOT vote for Rudy. <--- notice the period)
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