To: Hojczyk; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale; ...
RE :”
Sky-high oil prices weighed on markets Monday as investors worried that the increases could choke off a burgeoning economic recovery, particularly in the U.S.
Sentiment in the markets has been buoyed in recent weeks by a seeming calm in Europe's debt crisis and a run of strong U.S. economic data, particularly with regard to jobs.
One side-effect of the positive U.S. economic newsflow has been to put upward pressure on oil prices. Despite a modest retreat back below $109 a barrel Monday, the benchmark New York rate is trading way above where it was just a month ago. Last Friday, it hit $109.77 a barrel, its highest close since May 3. Crude has soared from $96 earlier this month as stronger U.S. economic indicators bolstered investor confidence. “
How about all those dollars the Federal Reserve has been creating to keep interest rates low while the treasury runs debts of 1.3 T$ per year? That can't lead to a good outcome despite what the MSM tells us.
In Obama’s case he hopes to just get past the election before it all blows up.
10 posted on
02/27/2012 5:17:19 AM PST by
sickoflibs
(You MUST support the lesser of two RINOs or we all die!)
To: sickoflibs; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
“In Obamas case he hopes to just get past the election before it all blows up.”
THIS time, the MSM will pump up the economy, instead of trash it. No Bush to blame it on.
20 posted on
02/27/2012 7:09:20 AM PST by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: sickoflibs
How about all those dollars the Federal Reserve has been creating to keep interest rates low while the treasury runs debts of 1.3 T$ per year? That can't lead to a good outcome despite what the MSM tells us. History teaches us the piper will be paid...
26 posted on
02/27/2012 9:51:09 AM PST by
GOPJ
(GAS WAS $1.85 per gallon on the day Obama was Inaugurated! - - freeper Gaffer)
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