Posted on 01/14/2009 9:39:41 PM PST by JavaJumpy
These lead balloons are not going to play in Peoria.
$8 a gallon would destroy the economy pretty quickly
Plus, keeping demand for imported oil low also protects the US dollar, which he wouldn’t want to see fall with all the spending he wants to do. A weak dollar will kneecap him.
Our election was Foreign Bought and Paid For.
They will expect a payback.
That depends on where that $8 is going, into Saudi banks or into Federal coffers?
They will not have to raise taxes. They will just not allow any more oil drilling in the US and shrug when OPEC threatens tp raise prices. They will also try to shut off the spigot to projects already underway.
Saudi’s most likely, but if it goes to the fed it will just allow them to destroy the economy faster. Its going to the US government will not help the economy.
For Obama to be the true nanny state communist he dreams of being, he’s going to need royalties from domestic oil, and keep demand for imported oil low as possible. The lower the world market price for oil is, the more tax he can slap on gas.
Ahhhh, too bad Basic Health Care won’t pay for arthritic joint replacements...that will cut into the bicycle profits.
They don’t want ANY domestic production
I doubt the Saudi’s are going to let him make a profit like that if they are selling low. Heads are probably together right now discussing “sharing”
I agree. There is a huge undercurrent of mad as hell people. They are mostly quiet right now but it’s going to become a loud roar.
>>These people are so sick.<<
No, they are EVIL.
“Not time to lock & load yet.”
Closer by the day.
Wanna bet?
Well, no kidding. Their whole plan is to tank the country and take us out as the lone superpower. We’re an economic powerhouse, so you have to destroy that. The huge inflationary process they support will take care of that. It will allow for socialism to flourish, and rationing to occur, and higher prices for everything to occur, and for more control over all aspects of your existence by the state, to occur. And for your civil liberties and rights to be taken away.
Yup, everything is going according to plan.
He can't destroy capitalism if he's a broke Marxist dictator. High foriegn oil prices and a sustained outflow of American dollars for mid east oil would only water the seeds of capitalism by creating demand for alternative domestic solutions for transportation, manufacturing, and energy. Ingenuity's by-product is capitalism, something Obama and his moneymen would NOT want to see. They want dependent sheeple, much like how Islam keeps it's sheeple, in a state of hopeless misery, incapable of independent thought which kills progressive development, which is why the mid east is stuck in the 7th century except for the ingenuity imported from the western world.
The payback to Obama's fund suppliers is destruction of America as a dominant world power.
They want to turn us into a Third World hell hole.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.