RE: Obama care
July 28, 2012 at 10:45 am
(This post was last modified: July 28, 2012 at 10:48 am by 5thHorseman.)
(July 28, 2012 at 10:22 am)Manowar Wrote: You guys just don't get it. The economy is awful, oil prices are the highest they have ever been which mean gas, products, services all go up. People are stretched to the bone they don't need another TAX not now anyway. By all means fix health insurance problems just don't madate it people are worried aout paying their bills. The money i would have to pay for Obamacare is needed for my bills
Manowar
Oil prices have gone down, are continuing to go down, and will go further downhill until the 2013, according to economists and oil analysts. Haven't you noticed the Republicans have shut up about it? Not that the President can do anything to help oil prices, it's a world market, no matter what crap Newt 'for sale' Gingrich says. Increasing production with Keystone will do nothing for the price either. It's a drop in the ocean.
![[Image: chart_ws_commodity_energy_oil_2012621153832.top.png]](https://images.weserv.nl/?url=i2.cdn.turner.com%2Fmoney%2F2012%2F06%2F21%2Finvesting%2Foil_prices%2Fchart_ws_commodity_energy_oil_2012621153832.top.png)
I will put one other point across about oil. The Koch brothers, Goldman Sachs and other speculators add around a 1/4 of the price:
Quote:If there were no speculation in oil futures on commodities exchange, the price of a barrel of oil might be as low as $74.61– not more than the present price of $108.00 a barrel.
http://www.forbes.com/sites/robertlenzne...er-barrel/
Oh, Manowar, a Republican president made speculation possible.