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Subject: 
Re: interest rates & "Economic Health"
Newsgroups: 
lugnet.off-topic.debate
Date: 
Tue, 20 Apr 2004 17:07:02 GMT
Viewed: 
2817 times
  
In lugnet.off-topic.debate, John Neal wrote:
   The one thing that sucks is the price of gas, but since we invaded Iraq for their oil, I’m sure that that will be coming down any day now.

Why so?

The US administrations gets to decide if Iraq sells or not its oil. If they decide Iraqi oil stays out of the market, and the price goes up, who benefits?

A hint: do the people who decide have shares in oil producing companies? Interests in Saudi oil? Texan oil?


Ya, I thought so.


Pedro



Message is in Reply To:
  Re: interest rates & "Economic Health"
 
(...) That is old news with outdated figures. And BTW, that reminds me. Seen our rate of inflation lately? I am a small business owner, and for me, this is the best economy I have experienced since I started paying taxes some 30 years ago. It has (...) (20 years ago, 20-Apr-04, to lugnet.off-topic.debate, FTX)

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