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Thread: Oil rises above $90 amid US crude supply drop

  1. #921
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    Re: Oil rises above $90 amid US crude supply drop

    The experts warned us. The inflation due to low interest rates and devaluing the dollar is upon us with a vengeance. What will Bernanke do now?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post
    on a day when americans learn that the dept of transportation finds that 4 million of us are trapped in "extreme commutes," those defined as exceeding 90 minutes each way...

    as tens of thousands of californians stuck in the commuter parking lot that is 680S over the sunol grade are informed by the sacbee via hottalk560 ("driving bay area liberals crazy")...



    Car perk will get scrutiny - Sacramento Politics - California Politics | Sacramento Bee

    1-800-carpool
    Have they ever heard of mass transit in California?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  3. #923
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Have they ever heard of mass transit in California?
    LOL!

    what do you think

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    What will Bernanke do now?
    Fed Gears Up for Stimulus - WSJ.com

    TWO POINT SEVEN TRILLION dollars of public TRUST tied up in mortgage backed junk---UNDIVERSIFIED

    worry

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post
    Fed Gears Up for Stimulus - WSJ.com

    TWO POINT SEVEN TRILLION dollars of public TRUST tied up in mortgage backed junk---UNDIVERSIFIED

    worry
    That's old news. What is he going to do now to stop inflation before it gets out of hand?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Bernanke also indicated that policymakers are trying to craft a plan to strengthen the economy and lift inflation from super-low levels.

    For now, the Fed is more interested in seeing prices rise — rather than fall.
    Bernanke signals Fed will pump cash into the economy - USATODAY.com

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    Re: Oil rises above $90 amid US crude supply drop

    up two point three percent IN A DAY

    Oil Climbs Above $112 on Libyan Armed Revolt, Dollar Weakness - Bloomberg

    worry

    happy summer motoring

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    Re: Oil rises above $90 amid US crude supply drop

    Where did this Bernanke tool come from, anyway? He is going to destroy this country.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    If I recall correct a Princeton economics prof with a singular focus on the great deppression

    Perhaps not the cause of it (Greenspan certainly did not pay attention to that aspect) but with more of one directed towards fighting the great depression

    His Nickname of Helicopter Ben is due to a statement that deflation is a far worse fate for an economy then is inflation and that in order to fight deflation he would if he had to drop money from helicopters.

    The country was destroyed already in reality ( the tech bubble and the housing bubble did that) Bernanke will effect how destructive the effects are and who is destroyed ( and too what degree)
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

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    Re: Oil rises above $90 amid US crude supply drop


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