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   CONTROVERSIAL      Controversial Topics, current events, at      415 messages   

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   Message 139 of 415   
   BOB KLAHN to SEAN DENNIS   
   Why gas prices are really high   
   08 Mar 11 21:21:00   
   
    SD> Hello, All.   
      
    SD> A really interesting article (all links are at the bottom):   
      
    SD> Media Hides Real Reason for Rise in Gas Prices   
      
    Why did the media hid the real reason for rise in gas prices   
    under GW Bush?   
      
    ...   
      
    SD> real reasons for the jump. Unrest in the middle east has   
    SD> given the cabal of President Obama and the media, “cover”   
    SD> to blame others for the spike to the stratosphere.   
      
      
    SD> The real reasons are three-fold, with unrest in the middle   
    SD> east being the least of the three.   
      
    SD> 1) Devaluation of the dollar. The incessant printing of   
    SD> money by this administration began the rise of gas prices   
    SD> months long before the middle east blew up. I'm no Alan   
    SD> Greenspan, but I can figure out that if oil prices are tied   
    SD> to the dollar, and you print more dollars, the oil price   
    SD> will go up, up, up.   
      
    That's one of the dumbest claims. Oil prices are denominated in   
    dollars, but not tied to the dollar. That guy is no Alan   
    Greenspan, and I have no respect for Alan Greenspan either.   
      
    SD> 2) An energy policy that calls for less drilling for oil at   
    SD> home, not more.   
      
    Drilling at home will not affect gas prices for years. Another   
    dumb claim. BTW, where was he when GWB with held 75% of the   
    embargoed offshore oil?   
      
    SD> 3) Unrest in the middle east.   
      
    The amount of oil being produced has been affected very little.   
      
    The price of oil has been affected very little by any of those.   
    Notice that the rise in the price of oil began as soon as the   
    republicans took the house.   
      
    ...   
      
    SD> When Bush was in the White House the media had no problem   
    SD> reporting the fact that the rise in oil prices were due to   
    SD> the depreciation of the dollar, [3] but they seem to have   
    SD> forgotten that little fact today. Can't point the finger at   
    SD> Dear Leader.   
      
    The media was in the republican's pocket for 8 years. Still are   
    for that matter.   
      
    ...   
      
    SD> Some of that is happening here but I've got   
    SD> some reality fer ya, drill here, drill now! How long have   
      
    Why didn't GW Bush allow that? Drill here or anywhere won't have   
    any effect for years. Oh, and the US has comparatively little   
    oil.   
      
    SD> we been hearing that tune while the leftist politicians and   
    SD> their activist old media shout it down? Drill here, drill   
    SD> now. [8]   
      
    Stupid answer to an immediate problem. Which oil company bought   
    his soul?   
      
      
      
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
   ... Error finding COLDBEER.BAT  -  operator not loaded.   
   --- Via Silver Xpress V4.5/P [Reg]   
    * Origin: Since 1991 And Were Still Here! DOCSPLACE.TZO.COM (1:123/140)   

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