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Lobby Okay Activist Archives topic #33076

Subject: "RE: hopefully the stock market will bounce back" Previous topic | Next topic
moot_point
Member since Mar 22nd 2005
3842 posts
Tue Mar-29-05 05:35 PM

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12. "RE: hopefully the stock market will bounce back"
In response to In response to 9


          

>I don't know exactly how that's gonna work, someone else is
>going to have to fill you in. On one hand, it's not like
>America is going to control the terrirtory, Iraq is going to
>be and independent country. On the other hand, you're
>probably going to have American oil companies over there. I'm
>not sure how that translates into cheaper oil prices for us
>though, maybe we're going to get some kind of "special deal"
>in exchange for liberating the country.

>But i'm really not clear as to how overthrowing Saddam is
>going to translate into cheaper oil prices, maybe someone can
>help me out.

Firstly, the price of oil has been so high for the past few years as result of the global shortage of supply - thanks to the Iraq war. Once the oilfields in Iraq anre controlled and safe for distribution, the global supply will again increase. Increased supply reduces price; its a economic principle.

Secondly, there is a consensus in the UK that the issue with Iraq related to the explicit appropriation of oil. I have not always subsribed to this. I think the reasons for war have been several, and US and UK governments could not allow themselves to be seen as entering Iraq and simply forcing the oil barons to hand over their fields. However, governments and business owners make great bedfellows. Look at the Former Soviet Union. Those barons who have pandered to Putin (such as Abravomich) have been allowed to amass obscene fortunes; whereas those who have not have been investigated, indicted etc. Now that the US and UK have imposed democracy upon Iraq (with what many consider a puppet government), this country is ostensibly a political friend of the west. In the light of this you can see how many 'special deals' may arise between the new Iraq government, the oilfield owners of the country and the west..

  

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Folk talk about Social Security, but pensions are in [View all] , FireBrand, Tue Mar-29-05 12:56 PM
 
Subject Author Message Date ID
RE: Folk talk about Social Security, but pensions are in
Mar 29th 2005
1
can be scary, can't it? If you don't have a plan in place.
Mar 29th 2005
4
      RE: can be scary, can't it? If you don't have a plan in place.
Mar 29th 2005
6
           I'm aware of this. That's their fault tho. Would you leave
Mar 29th 2005
10
The article is extensive, I encourage ya'll to read on
Mar 29th 2005
2
Okay, really quickly, I'm late for class...
Mar 29th 2005
3
RE: Okay, really quickly, I'm late for class...
Mar 29th 2005
7
Well in America at least these pension plans are privately
Mar 29th 2005
11
RE: Well in America at least these pension plans are privately
Mar 29th 2005
13
      well, the dollar today isn't worth what the dollar will be
Mar 29th 2005
17
Not Exactly
Mar 29th 2005
14
      RE: Not Exactly
Mar 29th 2005
15
      My Bad
Mar 30th 2005
18
      Yeah...so what are your thoughts? I was hoping you'd show
Mar 29th 2005
16
           To be honest, it's tough, real tough
Mar 30th 2005
19
hopefully the stock market will bounce back
Mar 29th 2005
5
RE: hopefully the stock market will bounce back
Mar 29th 2005
8
      RE: hopefully the stock market will bounce back
Mar 29th 2005
9
          
                RE: hopefully the stock market will bounce back
Mar 30th 2005
20
                     RE: hopefully the stock market will bounce back
Mar 30th 2005
21
                          RE: hopefully the stock market will bounce back
Mar 30th 2005
22
up
Jun 02nd 2005
23

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