• Why gas prices are really high

    From BOB KLAHN@1:123/140 to SEAN DENNIS on Tue Mar 8 21:21:00 2011
    Hello, All.

    A really interesting article (all links are at the bottom):

    Media Hides Real Reason for Rise in Gas Prices

    Why did the media hid the real reason for rise in gas prices
    under GW Bush?

    ...

    real reasons for the jump. Unrest in the middle east has
    given the cabal of President Obama and the media, ôcoverö
    to blame others for the spike to the stratosphere.


    The real reasons are three-fold, with unrest in the middle
    east being the least of the three.

    1) Devaluation of the dollar. The incessant printing of
    money by this administration began the rise of gas prices
    months long before the middle east blew up. I'm no Alan
    Greenspan, but I can figure out that if oil prices are tied
    to the dollar, and you print more dollars, the oil price
    will go up, up, up.

    That's one of the dumbest claims. Oil prices are denominated in
    dollars, but not tied to the dollar. That guy is no Alan
    Greenspan, and I have no respect for Alan Greenspan either.

    2) An energy policy that calls for less drilling for oil at
    home, not more.

    Drilling at home will not affect gas prices for years. Another
    dumb claim. BTW, where was he when GWB with held 75% of the
    embargoed offshore oil?

    3) Unrest in the middle east.

    The amount of oil being produced has been affected very little.

    The price of oil has been affected very little by any of those.
    Notice that the rise in the price of oil began as soon as the
    republicans took the house.

    ...

    When Bush was in the White House the media had no problem
    reporting the fact that the rise in oil prices were due to
    the depreciation of the dollar, [3] but they seem to have
    forgotten that little fact today. Can't point the finger at
    Dear Leader.

    The media was in the republican's pocket for 8 years. Still are
    for that matter.

    ...

    Some of that is happening here but I've got
    some reality fer ya, drill here, drill now! How long have

    Why didn't GW Bush allow that? Drill here or anywhere won't have
    any effect for years. Oh, and the US has comparatively little
    oil.

    we been hearing that tune while the leftist politicians and
    their activist old media shout it down? Drill here, drill
    now. [8]

    Stupid answer to an immediate problem. Which oil company bought
    his soul?





    BOB KLAHN bob.klahn@sev.org http://home.toltbbs.com/bobklahn

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  • From Ross Sauer@1:123/789 to BOB KLAHN on Wed Mar 9 00:39:14 2011
    "BOB KLAHN -> SEAN DENNIS" <1:123/140> wrote in news:231 $CONTROVERSIAL@JamNNTPd:

    Media Hides Real Reason for Rise in Gas Prices


    This article is from Andrew Breibart's "Big Journalism."

    http://bigjournalism.com/rfutrell/2011/02/27/media-hides-real-reason-for- rise-in-gas-prices/

    Breitbart lost all credibility last year, in fact he's being sued for libel
    by one of his victims.

    Now? The same page that has this article on it, has a "critique" of NPR's taking James O'Keefe, the discredited video maker to task.

    O'Keefe has an even worse record than Breitbart, including now having a criminal record.

    --- Xnews/5.04.25
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