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$57,000,000,000 budget surplus!
No, not us, we still have a deficit in the hundreds of billions. Total debt surpassing $8 trillion.
It's the Saudis. The increase in oil prices has been very, very good for them. US officials recently announced that oil is not expected to drop betow $50/barrel in the foreseeable future. ------------edited to add source reference------------ $50-a-barrel oil likely to settle in, energy agency says Associated Press Published December 13, 2005 WASHINGTON -- Oil prices are projected to remain well above $50 a barrel for years to come, resulting in a greater shift to more fuel-efficient cars and alternative energy sources, according to an analysis released Monday by the Energy Department. The analysis reflected a sharp change from the department's projections a year ago, when it predicted oil prices in constant dollars, not counting normal inflation, would decline to $31 a barrel by 2025. The report, issued by the department's Energy Information Administration, now projects oil will cost an average $54 a barrel in 2025 and $57 a barrel in 2030 before inflation. Monday, a barrel of crude for January delivery rose $1.91 to settle at $61.30 a barrel.
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher Last edited by techweenie; 12-13-2005 at 10:36 AM.. |
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12-13-2005, 10:30 AM
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drag racing the short bus
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Time to invade...
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The Terror of Tiny Town |
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12-13-2005, 10:31 AM
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I'm afraid they could now buy enough votes to prevent that.
:-(
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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12-13-2005, 10:35 AM
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drag racing the short bus
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12-13-2005, 10:45 AM
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Did you get the memo?
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Don't we already have bases there to provide for their protection? They then turn around and rake us over the coals for oil, and sponsor terrorism. I'm with dd.
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12-13-2005, 10:47 AM
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drag racing the short bus
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Yeah, man. I have no sympathy for the Arabs. Call Iraq a terrorist state and Iran a jihadist paradise; for my money, I think Saudi Arabia is the root of all problems in the region because, for one, that's where the money is -- particularly our money...
If Bush invaded SA, I'd be behind him 100% of the way...
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The Terror of Tiny Town |
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12-13-2005, 10:53 AM
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You buy congress, not voters.
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12-13-2005, 10:54 AM
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I think there is some confusion of who gets to vote and who "we" are. Those getting raked over the coals don't have a vote. Those that have a vote are likely invested in companies that profited from the much "needed" price increases.
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12-13-2005, 10:58 AM
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I'm with Bill
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12-13-2005, 11:00 AM
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Did you get the memo?
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This time we'll just be honest. "Hand over the oil, and nobody gets hurt."
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12-13-2005, 11:03 AM
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Originally posted by onewhippedpuppy
Don't we already have bases there to provide for their protection? Ws used to. I believe we closed all of them and moved over to Quttar (sp?) We built a multi billion dallar air base there a few years ago.
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12-13-2005, 11:05 AM
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The Terror of Tiny Town |
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12-13-2005, 11:18 AM
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Did you get the memo?
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Along with their oil, we should also seize their cars. Have you seen the collections the Saudi royal family has?
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12-13-2005, 11:21 AM
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Re: $57,000,000,000 budget surplus!
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12-13-2005, 11:30 AM
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Where is that wrench?
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12-13-2005, 12:19 PM
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In the shop at Pelican
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12-13-2005, 12:26 PM
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Taking on SA directly would hurt us tremendously economically. Maybe if all of SA's neighbors go democratic, they will evolve into more of a constitutional monarchy. Keep in mind, England is still a monarchy...
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12-13-2005, 12:33 PM
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Right you are. Dubya's way to smart to just walk up to the biggest bully on the playground and pop them in the mouth. Nosirree. He's smart enough to pick on somebody all alone and small. Brave Sir Dubya.
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12-13-2005, 12:58 PM
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SA has so much investment in the US that we could not invade, or even sanction them in any way.
IIRC 15 of the 9/11 hijackers were Saudis and most of Bin Laden's financial support has always come from there. There's plenty of good reading to explain why SA will never be a target of this administration. Here is one: http://www.houseofbush.com/
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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12-13-2005, 01:30 PM
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But get another president in '08 or 12, etc., whose ideals aren't minced with oil dividends, and I'm not sure sanctioning SA wouldn't be so far fetched. Personally, I'd like to see a complete U.S. nationalization of all Saudi investments in this country.
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12-13-2005, 01:37 PM
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