Re: OT: The voice of the Christian Right

On Fri, 26 Aug 2005 09:59:51 -0700, "Minor Glitch"
<a1626@xxxxxxxxxxxxxxx> wrote:

>Actually, I am not going to take the time to educate you in full because I
>have far better things to do (and am apparently far more confident in my
>intellect) --
>

I can see where you might not want to take the time to educate DP, but
I would ask you to re-consider.

All kinds of people here have offered to educate me on the intricacies
of economic theory, but alas, I have been disappointed time and time
again.

Would you consider giving me the benefit of your knowledge of
economics?

>Supply and demand are important, but a good portion of the supply and
>demand in the petroleum industry is controlled by particular countries and
>organization -- countries and organizations that can be influenced by what
>our vacationing leader does or does not do -- and he can also do certain
>things unilaterally that can aide the American people... come on -- you
>stick that nose up in the air and pretend to be more intelligent than the
>rest of us -- do some research and figure it out.
>
Here is one site I found that tries to explain the current runup of
crude oil prices.

http://www.forbes.com/markets/feeds/afx/2005/08/09/afx2176025.html

They do note that adjusted for inflation, the price is still not as
high as its peak in 1979.
------------------------------------------------------------------------------------------
Oil prices are around 40 pct higher than a year ago. However adjusted
for inflation, they remain far below levels reached in the wake of the
1979 Iranian revolution when prices surged to upwards of 80 usd a
barrel in today's money.
------------------------------------------------------------------------------------------------

Do you think we will see a repeat of the 1979 situation?


>Or just admit that Bush is f*cking up. Why didn't any conservative run
>against him in the primary? Bush is in the process of causing a big
>backlash against the Republicans that will put them back in the minority
>for 50 years (understanding the past...)
>
You ask why Conservatives didn't run a candidate against an incumbent
President?

Surely you must be jesting?

If not, I have to wonder if your understanding of economics could be
any better than your understanding of politics.



------------------------- E-mail me for my free book ---------------
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