Let’s be civil. The Flathead Beacon encourages vigorous discussion and lively debate, but we will delete comments that attack other readers, make accusations we can’t verify, stray too far off topic, criticize local businesses (call them if you have a problem), convict someone of a crime, use profanity or are simply judged to be in bad taste. We don’t always have someone moderating comments, so we ask for your help: If you see a comment that violates these ground rules, or you simply deem it offensive, please e-mail editor [at] flatheadbeacon.com. The views expressed in the comments section do not reflect those of the Beacon.
By ITS THE DOLLAR STUPID! on 07-09-08
This week OPEC finally came out and said, “ITS THE DOLLAR STUPID!“ Oil is costing more, primarily because our currency is weaker and it takes more worthless 2008 greenbacks to buy oil. Its that easy. Inflation and poor monetary policy, alongside deficit spending is killing our economy. The Bears will rule until 2011. According to many this is the twilight zone when it comes to market history and trends. Uncharted waters where the safe havens have been destroyed. Stocks again fell over 2% again today with the DOW down 236 and the Nasdaq down 59. Now at low 2006 levels combined with the 18.3% inflation rate (anual according to BBC and financial sense economists) alongside the fed rate of 2%, and the real estate d-i-s-a-s-t-e-r spreading and only going to get worse for the next 4 years according to economists Gary North, David Walker, and Peter Schiff (all who have called whats happening now to a tee!).
Look up Peter Schiff on youtube when he was debating some bozos on cnbc back in 2006 stating this would all happen and them telling him it is impossible. Ron Paul, Peter Schiff, Antal E. Fekete. These guys know whats up. Its only going to drop further. The dollar is weakening still and setting up to drop below 70 for the first time in well forever! Should have voted for Ron Paul.
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By John on 07-09-08
One reason why America is in such a serious state of decline is because of the complete idiocy of people like Dave Skinner. America consumers 25%! of the world’s petroleum resources and has 2% of the the world’s petroleum resources within its borders. You do the math Dave Skinner (or maybe you can’t do fractions?). The ugly reality is that if the US tripled its domestic output of oil overnight—it would make only a small impact on the overall supply of oil in the world. So—the only way out of this morass is for America to come up with alternative forms of energy. This is very possible despite what the oil barons will tell you—and also despite what the dull thinkers of the world like Dave Skinner will tell you. They will all say why we can’t and why we have to up our oil fix. The numbers don’t lie. Only Republicans do.
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Comments on: Dang Big Oil, Dang You Too
Let’s be civil. The Flathead Beacon encourages vigorous discussion and lively debate, but we will delete comments that attack other readers, make accusations we can’t verify, stray too far off topic, criticize local businesses (call them if you have a problem), convict someone of a crime, use profanity or are simply judged to be in bad taste. We don’t always have someone moderating comments, so we ask for your help: If you see a comment that violates these ground rules, or you simply deem it offensive, please e-mail editor [at] flatheadbeacon.com. The views expressed in the comments section do not reflect those of the Beacon.
By ITS THE DOLLAR STUPID! on 07-09-08
This week OPEC finally came out and said, “ITS THE DOLLAR STUPID!“ Oil is costing more, primarily because our currency is weaker and it takes more worthless 2008 greenbacks to buy oil. Its that easy. Inflation and poor monetary policy, alongside deficit spending is killing our economy. The Bears will rule until 2011. According to many this is the twilight zone when it comes to market history and trends. Uncharted waters where the safe havens have been destroyed. Stocks again fell over 2% again today with the DOW down 236 and the Nasdaq down 59. Now at low 2006 levels combined with the 18.3% inflation rate (anual according to BBC and financial sense economists) alongside the fed rate of 2%, and the real estate d-i-s-a-s-t-e-r spreading and only going to get worse for the next 4 years according to economists Gary North, David Walker, and Peter Schiff (all who have called whats happening now to a tee!).
Look up Peter Schiff on youtube when he was debating some bozos on cnbc back in 2006 stating this would all happen and them telling him it is impossible. Ron Paul, Peter Schiff, Antal E. Fekete. These guys know whats up. Its only going to drop further. The dollar is weakening still and setting up to drop below 70 for the first time in well forever! Should have voted for Ron Paul.
By John on 07-09-08
One reason why America is in such a serious state of decline is because of the complete idiocy of people like Dave Skinner. America consumers 25%! of the world’s petroleum resources and has 2% of the the world’s petroleum resources within its borders. You do the math Dave Skinner (or maybe you can’t do fractions?). The ugly reality is that if the US tripled its domestic output of oil overnight—it would make only a small impact on the overall supply of oil in the world. So—the only way out of this morass is for America to come up with alternative forms of energy. This is very possible despite what the oil barons will tell you—and also despite what the dull thinkers of the world like Dave Skinner will tell you. They will all say why we can’t and why we have to up our oil fix. The numbers don’t lie. Only Republicans do.