Oil's Surge Deepens Stocks' Dive

Wall Street Journal ^ | 21 May 2008 | PETER A. MCKAY

[wally-balls]

It is WAY past the time to tar and feather (metaphorically of course) the environmentalists
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No. ‘Metaphorically’ won’t work. Brow beating, debating, pleading, begging, groveling won’t get us anything but more frustration while we continue to lose ground to the enemy. It’s time to get our hands dirty. We’re on the verge of losing everything we hold near and dear unless we act with vengeance. We must be willing to suspend our humanity while we kick our nation’s trash to the curb. We need to do whatever we can to forestall the destruction of this great country.

[Mr. Jeeves]

“But..but Larry Kudlow said it was all over, so I put all my money in Citigroup stock like that nice broker recommended!” ;)

[Zeppelin]

Even IF that wouldn't reduce price, it's a national security issue. And it will reduce price.

It'll reduce the price marginally, mainly b/c of the proximity of the supply and the refineries, but more importantly, it would keep more of the wealth IN our country in times of such high prices. and if it's sold on the world market (duh) then it'll bring more value to our GDP.

[Freedom_Is_Not_Free]

Bullish! Wildly bullish! A recession can’t possibly occur now. The economy has never been better! Good think housing has bottomed and the dollar is strong.

[safisoft]

This is what is going to temporarily wreck our economy.

This is what depressions are made of. I just hung up on a RNC fund raiser. We are on the verge of financial collapse, and the Republicans are the most limp-wristed I have ever seen.

[Williams]

Absolutely agree. Imagine the billions we are sending out of here to make Canada, Mexico, Saudi Arabia etc rich. It's a tragedy not putting that money into our own economy. This country thinks we can do all this ass backwards with no consequences.

What makes sense is so simple, yet the left has us lost in the wilderness.