Financial System Blowing Out

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hildegaard said:
I suspect there is a reason that we are in Iraq, just not the ones we were told (i.e., WMD, democracy, Saddam is bad, etc.). Of course oil was the one not officially mentioned…
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Which is why oil is so dirt cheap right now, huh? :rolleyes:
 
wabrams said:
Which is why oil is so dirt cheap right now, huh? :rolleyes:
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A few thoughts on that comment (I think you are being humorous, but there may be some connections):
  1. They saw it coming and acted proactively;
  2. The law of unintended consequences;
  3. We are being punished for being in Iraq (Iran, Venezuala asking for Euros for oil);
Or (as I think you are implying),
  1. Iraq actually had nothing to do with oil.
 
I hope sallie mae goes under, so I don’t have to pay my student loans lol.
 
I love conspiracy theorists, it’s proof that people will still believe anything. If you believe the US invaded Iraq because they wanted Euros for trading oil…I have some beach front property in Arizona I’d like to sell you…
 
wabrams said:
Which is why oil is so dirt cheap right now, huh? :rolleyes:
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Read “Energy Victory”… the author goes into a lot of detail on how Saudi Arabia is holding us up … cutting oil production to ratchet up the prices by creating artificial scarcity.

www.energyvictory.net

And of course, we are “helping” the Saudi’s by refusing to drill for oil and gas at home, in Alaska, off shore of course, Cuba is contracting out to China to drill off the Florida coast, but the USA cannot or will not drill there]. No new oil refineries in decades and the existing ones are very tired and worn out. [Remember: ALL oil must be refined and processed before it can be used.] No new nukes in decades … and the paperwork makes it take ten years to build a new one here at a cost of four times what it costs in other countries.

And many of our coal deposits have been put off limits.

So, we are doing it to ourselves.
 
Al_Masetti said:
Read “Energy Victory”… the author goes into a lot of detail on how Saudi Arabia is holding us up … cutting oil production to ratchet up the prices by creating artificial scarcity.

www.energyvictory.net

And of course, we are “helping” the Saudi’s by refusing to drill for oil and gas at home, in Alaska, off shore of course, Cuba is contracting out to China to drill off the Florida coast, but the USA cannot or will not drill there]. No new oil refineries in decades and the existing ones are very tired and worn out. [Remember: ALL oil must be refined and processed before it can be used.] No new nukes in decades … and the paperwork makes it take ten years to build a new one here at a cost of four times what it costs in other countries.

And many of our coal deposits have been put off limits.

So, we are doing it to ourselves.
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Yeah, we’re bankrupting ourselves. It just gets on my nerves that these conspiracy nuts insist we are in Iraq for oil.
 
wabrams said:
It just gets on my nerves that these conspiracy nuts insist we are in Iraq for oil.
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Just because one is nuts doesn’t mean they never hit upon a kernal of truth every once in awhile. If there was no oil under Iraq, we would not be there.
 
Doyle_Mashern said:
Just because one is nuts doesn’t mean they never hit upon a kernal of truth every once in awhile. If there was no oil under Iraq, we would not be there.
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I agree 100%.

And, hey, VW bugs were great cars (the old ones, I mean - I have no experience with the new ones). Great gas mileage too! 😛
 
mschrank said:
I hope sallie mae goes under, so I don’t have to pay my student loans lol.
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Someone will pick up the loans, someone ALWAYS does, so if you’re hoping for an escape from paying them, prepare to be disappointed.
 
wabrams said:
Then why don’t we have cheap gas?
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This is a non sequitur.
wabrams said:
And since you say it is a kernel of truth, prove it we are there for oil.
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Why did we respond so quickly with overwhelming military force when Iraq invaded Kuwait? Why did we set up a defensive position to protect Saudi Arabia? Do you think it was because we wanted to protect the sand dunes?

There are despots all over the place that we leave alone because they harbor no strategic resources.
 
wabrams said:
Then why don’t we have cheap gas? And since you say it is a kernel of truth, prove it we are there for oil.
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And also … by Doyle Mashern: "Why did we respond so quickly with overwhelming military force when Iraq invaded Kuwait? Why did we set up a defensive position to protect Saudi Arabia? Do you think it was because we wanted to protect the sand dunes?

There are despots all over the place that we leave alone because they harbor no strategic resources".
Did the United States enter into military action in Kosovo for their oil?

We also lost a lot of men in Lebanon. And in that “Blackhawk Down” place … where was that? And Haiti. Korea. Vietnam. Were all those interventions for oil?

Oh, and France. Oil? [maybe olive oil]

Read the first two books of the trilogy by Rick Atkinson … “An Army at Dawn” and “The Day of Battle” … 2007 … that discuss the North African campaign and the Italian campaign. Bloody. Very bloody. No oil in North Africa at the time and none in Italy.

(sigh)
 
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