With all the name calling, ne-ne-ne my candidate can beat up your candidate up diaries, I want to post a real problem. It's the economy. So as banks are being nationalized and Moody's is sell their credibility to Warren Buffett, this is the big news today (yes, bigger than the primaries)....
Crude Oil Rises to a Record $100.10 on OPEC Production Outlook
There is no need to list the near-term nightmares that will follow if this price become the floor for oil. Money quote from the article:
``Prices are primarily up because OPEC will more than likely cut production in two weeks,'' said Richard Chimblo, manager of global business development at Calgary-based Genoil Inc. ``OPEC is concerned about the outlook for a slowing global economy and demand.''
Basically, OPEC is worried that their revenue will fall from the shitloads down to just obscene levels, so we will have to screw the US consumer. Hey, if we are lucky, I am sure the oil companies can pile on and clear $100 billion in profits this year.
Which one of our two candidates will DEMAND that the Federal Government, this nations largest employeer and purchaser go GREEN ASAP so that we can spur green, renewable innovation?
For here is a link for the May 08 futures: http://futures.tradingcharts.com/...