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On Sun, 13 Jul 2008 18:14:30 +0000, Larry wrote:
"Roger Long" wrote in : Since Congress (Red or Blue) seems unable to do anything significant, like pass the EPA Clean Water Act exemption for recreation vessels, what makes you think gas prices have anything to do with them? They drones under the dome don't set gas prices. Increasing demand in China, India, and other rapidly developing nations, together with eight years of disasterous and stupid foreign policy in the oil producing areas of the world are what sets the prices. -- Roger Long I don't believe any of that. Gas prices are fixed by demand, yes, but a much larger factor is the fact that the Yankee dollar is near worthless. That blame lays firmly at the feet of the Federal Reserve Privately Owned Bank Corporation, the bankers behind the curtain. It's why gold is constantly creeping its way back up to $1000/oz. The value of gold hasn't changed in 10,000 years. The money has, quite simply, gotten more worthless as the FED runs the printing press 24 hours a day loaning money to the US Government and failing American banks with nothing but a promise to back it up. You barely hear a thing said on the Propaganda Channels (cable news) about failing banks like the biggest one to close in US history this week: http://www.indymac.com/ Notice the slick bank webpage has been completely replaced by serious Federal Deposit Insurance Corp text. Pages like this: http://web.archive.org/web/200708271...ndymacb2b.com/ and all others, have simply vanished....along with a substantial amount of depositors' money. Who do you think will cough up the $US8,000,000,000 FDIC will pay in insurance? Who will crank up the money printing presses to print it....raising fuel prices even further. We're going to be in VERY serious trouble, very soon, as OPEC is moving operations away from the useless Yankee dollars sliding over the falls and onto the more stable EURO. Gas will really jump on that day as the conversion is nearly 1.5:1 at the moment and widening. More than that Larry, An English historian, Toynbee (sp?) postulated that the vital life of any empire in history is about 200 years. Depending on when you date the start of the American empire, I would say that it is fast coming to an end though will still survive as a powerhouse for some time to come. It started before the sinking of the Maine and the takeover of Spanish colonial possesions such as the Philippines and the economic/political colonialsim of the United Fruit Company. Interesting that in 1868 Commodore Perry forced open the doors of Japan to trade with the US - apart from WWII, look what happened to your home economy when that tiger awoke. Then the Nixon admin. wanted China to open its doors to international trade - 30 to 1 dollar trade imbalance now and it hasn't ended yet. China has the largest armed forces in the world and is rapidly acquiring advanced technilogical weaponry. The last three wars of Vietnam, Afghanistan and Iraq have shown that superior technology doesn't necessarily mean you win. The World Bank has predicted that the four top economies of the world in 2020 will be India, Russia, China and Brazil. The USA will only be in 5th place by countries but will be behind the EEC. You simply cannot move your production and jobs offshore without something giving - at least that is what we were once taught in Keynsian economic model at university. It's amazing how fast living standards can slip. New Zealand once had the 4th highest standard of living (don't know the criteria by which it was measured) and a few years ago it was only about 21st in the world. Awaiting a flame |
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