Search This Blog

Thursday, December 13, 2007

Oily Stuff


The majority of Americans are more concerned with the state of the economy than the war in Iraq, or so we are told.

Of course there is a link between wars and economies but that large understanding is elusive and overly complex for many.

A war with Iran will cause even more economic deterioration for the general Amerian population excepting the wealthy and war profiteering classes of which Bush and company are staunch members. With this in mind, why is opposition to a war with Iran not at a feverish and frantic rate. This gets back to point number two - "Of course there is a link between wars and economies but that large understanding is elusive and overly complex for many."

From the BBC: Oil price raises US trade deficit
Rising prices for imported oil meant that the US trade deficit widened by more than expected in October.

Oil prices hitting $95 a barrel at the end of October were enough to offset the effect of the weaker dollar, which makes US exports more competitive.
A weak dollar, rising oil prices, increasing trade deficit, failing mortgage industry, a continuing drain of America's resources into Iraq, yet President Bush and Vice President Cheney believe that the situation is ripe for war with Iran.

2 comments:

Glynn Kalara said...

You see you don't get it Sande. A weaker dollar means higher oil prices for the OILY wealthy and since thats the same crowd who are also the War profiters a weaker dollar boosts exports! Since the only thing we export anymore is WAR ( weapons.) Its a perfect circle of greed and death! Higher priced oil fuels more wars to grab more oil which means more weapons ....you get the picture! Death to Eastasia!!

Jim Sande said...

I've wasted my life not being part of the military industrial complex. That is clear to me. I coulda been a contender.