Posted on 04/08/2010 5:44:28 PM PDT by NormsRevenge
it’s our government that is the kiss of death.
ebil speculators ping
nobama’s plan is working very well.
You’re not going to get $100 a barrel oil until you get a recovery. But as oil climbs, it will put a damper on economic growth. It’s ironic because the politicians who spent the last 20 years resisting drilling will now reap the whirlwind, as they say.
At the world level, this French analytical group sees no recovery either:
http://www.europe2020.org/spip.php?article636&lang=en
I can’t pretend to know what happened in the house of cards on Wall Street, but the high gas prices are what kicked everybody’s ass around here. People who were living paycheck to paycheck suddenly confronted with $500-600/month fuel bills just to get to work couldn’t make it. What’s the choice- you gotta get to work or you can’t pay anything.
Sounds like round two is coming.
You’re right- the government response has been to run in 180* the wrong direction. They should lower taxes. Eliminate regional formulation requirements. Expand drilling/exploration. Approve coal plants. Approve nuclear plants. Approve/incentivise bio-fuel ( it does make sense in some places)plants. Approve pipelines. And I’ll even go for reasonable incentives for wind, solar, compressed nat gas, etc. It would create a churn of employment and optimism that would actually stimulate this economy because America runs and thrives on energy.
Simple people can see this. Our government can’t.
If they get smacked down, we get smacked down with them.
There is NO FRICKIN’ recovery. How stupid does a person have to be to believe that the economy is actually recovering?
The media keeps repeating RECOVERY because the communists in the White House think Americans are stupid enough to believe there is a recovery occurring. Obama needs more time to do more damage before the real idiots figure out they've been had.
Who are the real idiots? Those are the ones who still have Obama bumper stickers on their cars.
Another manufactured crisis. We have more oil inder this nation than all the reserves in the middle east, but Obama is determined that we be placed into lille golf cart sized deathmobiles.
One real threat to drill baby drill and the oil will be back to $50, bucks.
I will take your word that there is no recovery. (And I am *not* being flippant when I say that.)
The whole recession has had a surreal air about it living where I do—Riley Co. Kansas—at the height of the recession, the least economically stressed county in the U.S. according to, I think it was the AP, and on a county-by-county maps of job losses and gains, over the past year the county with the biggest job *growth*.
There is no recovery... only a deeper and deeper depression.
LLS
Headline on Drudge: Unexpected Rise in US Jobless Claims
Exactly who did not expect this? Why do they have a job predicting anything if they can't predict the obvious!!
Relocating military units to Ft. Riley had everything to do with it. Gov $ as part of the force realignment. The crews in eastern Ks that are still working are driving 2 hrs to and back to your location since there’s no work here.
Sebelius pay back? KSU got the bio-terror lab.
Exactly!!
Drill the hole in the bottom of the boat bigger and bigger and tell me the water will drain out faster.
Clearly- It is and will continue to get WORSE!!
If Goebbels could see the state of the US state run media he would be green with envy...
There can be little doubt that the 08 oil rise was the pin that popped the housing bubble by pushing marginal borrowers over the edge.
Soros hand was all over it then, to create a crisis that would push for a political change. The next price rise will just continue the process until someone says stop. And, that stop sign needs to be “Drill here, drill now.”
http://www.usgs.gov/newsroom/article.asp?ID=1911 go to this link or Google “ND Oil” and then ask yourself WTF is going on?
“the high gas prices are what kicked everybody’s ass around here.”
Exactly right. Maybe no one in Manhattan drives (except the cabbies), but the rest of America was shut down by the $4 and higher gas prices at the pump.
I thought at the time the muslims don’t have to set off bombs to stop America, just control and raise the price of gasoline. Those prices slowed down businesses also, not just individuals.
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