I've said several times that at least I should have been cynical enough to see what was coming in 2000, with the election of George W. Bush and Dick Cheney stealing the White House election.
Face it, we all should have bought oil stocks.
Oil and Halliburton--all we could have gotten our hands on, absolutely.
So now? Now that everyone thinks we may have hit the bottom of the market?
A couple of things are going to happen, here, folks.
First, there is going to be, as my partner, Michael said, some very real "irrational exuberance" that's going to kick in.
Everyone's going to want to make up in profits what they lost in the last few years, with this down, bear market.
And second, a whole bunch of people are going to get on that band wagon and buy oil stocks like crazy.
Today it was up to $53.00 a barrel.
That will look like such a bargain in no time, it won't be funny.
Really, it won't be funny.
Every household and speculator--everyone--is going to want to buy in to the roaring oil markets.
Congress should shut this down now by regulating the speculation markets for oil.
But they won't.
Hang on to your seats, folks, it's gonna be a bumpy ride.
Link to markets story today:
http://www.marketwatch.com/news/story/energy-stocks-join-rally-petro-canada/story.aspx?guid={81E7937A-5152-44A8-A238-BFD96B830764}&siteid=yhoof
Showing posts with label 2000 election. Show all posts
Showing posts with label 2000 election. Show all posts
Monday, March 23, 2009
Sunday, December 7, 2008
Monday, September 29, 2008
Sadly, eerily prophetic
In 2004, when "W" was running for re-election, there was a terrific, sarcastic bumper sticker that I liked but would no way own or display--I didn't want anyone thinking I was serious.
It said: "Re-elect President Bush. It takes a 8 years to really ruin a country" or some such thing. You get the jist.
We had no idea, at the time, how true and sadly, scarily prophetic that was.
While he's not completely to blame for the economic meltdown the US--and the world--is in, he is responsible for taking apart our constitution, thrusting government more and more into our private lives, getting us into an international war we should never have gotten into and, therefore, seeing to the deaths of more than 4,000 American soldiers, spending more money than any other President or administration in the history of our country, dismantling our environmental laws, ignoring the needs of our own citizens in times of huge natural disasters, politicizing the Justice Department, forcing government into religion--and religion into government--again, in spite of the constitution and much more.
I'll never forget.
But I have to keep asking, just what, exactly, was or is ever "conservative" about this clown?
It said: "Re-elect President Bush. It takes a 8 years to really ruin a country" or some such thing. You get the jist.
We had no idea, at the time, how true and sadly, scarily prophetic that was.
While he's not completely to blame for the economic meltdown the US--and the world--is in, he is responsible for taking apart our constitution, thrusting government more and more into our private lives, getting us into an international war we should never have gotten into and, therefore, seeing to the deaths of more than 4,000 American soldiers, spending more money than any other President or administration in the history of our country, dismantling our environmental laws, ignoring the needs of our own citizens in times of huge natural disasters, politicizing the Justice Department, forcing government into religion--and religion into government--again, in spite of the constitution and much more.
I'll never forget.
But I have to keep asking, just what, exactly, was or is ever "conservative" about this clown?
Monday, May 26, 2008
I want my country back
If you didn't see HBO's movie, "Reount", you need to make sure you do. After having seen it, it's easy to come to a few important conclusions:
1) It shows on film what we've read about for years and already knew and that is that George W. Bush, the Republican Party and W's brother, colleagues and associates literally stole the 2000 Presidential election and its results;
2) The United States and its 150,000 soldiers would not be in Iraq today;
3) 4,083 American Soldiers who have since died, to this date, in Iraq would not have died;
4) The 30,000 plus American Soldiers by official count, up to 100,000 by unofficial count, would not have been maimed and/or wounded;
5) the half-million Iraqis who have since died in their own country would not be dead
6) the United States would not be in the debt we are in today and
7) finally, as my friend Bryce first and once told me--and I quote him here--"Republicans are evil, Democrats are retarded."
We don't any longer have a democracy folks, if we ever did.
1) It shows on film what we've read about for years and already knew and that is that George W. Bush, the Republican Party and W's brother, colleagues and associates literally stole the 2000 Presidential election and its results;
2) The United States and its 150,000 soldiers would not be in Iraq today;
3) 4,083 American Soldiers who have since died, to this date, in Iraq would not have died;
4) The 30,000 plus American Soldiers by official count, up to 100,000 by unofficial count, would not have been maimed and/or wounded;
5) the half-million Iraqis who have since died in their own country would not be dead
6) the United States would not be in the debt we are in today and
7) finally, as my friend Bryce first and once told me--and I quote him here--"Republicans are evil, Democrats are retarded."
We don't any longer have a democracy folks, if we ever did.
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