Comments on: Obama speaks on the war and economy, and completely misses the ball… http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188 Fri, 20 Nov 2009 12:33:28 -0500 http://wordpress.org/?v=2.8 hourly 1 By: blakmira http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188/comment-page-1#comment-8101 blakmira Sun, 30 Mar 2008 07:34:54 +0000 http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188#comment-8101 You got that right, brother! Ron Paul is the ONLY candidate qualified to talk about the economy! As far as Obama, I believe that voting to fund the war does not qualify you as an anti-war candidate, in my opinion... You got that right, brother! Ron Paul is the ONLY candidate qualified to talk about the economy!

As far as Obama, I believe that voting to fund the war does not qualify you as an anti-war candidate, in my opinion…

]]> By: Shaun Pickford http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188/comment-page-1#comment-8058 Shaun Pickford Fri, 21 Mar 2008 14:16:58 +0000 http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188#comment-8058 McClum, you're correcet, uncertainty helps drive speculation, which direcly affects the price of a barrel of oil. However, the effects of speculation on the price of oil would not make it shoot up 400%, as Obama states. No doubt, the uncertainty due to the war has been a factor in the oil prices, but is not a major factor in it. Speculation will lead to a change in few dollars each day in the market for a barrel of oil, but does not lead to a near doubling in prices over the last few years, that is due to massive depreciation of the dollar and inflation. I am trying to point out that Obama does not understand that the "throw money at the problem" philosophy of Congress right now (whom he is a part of) is the reason that our dollar has declined so much, because there is more of it out there. When the dollar declines, the price of goods goes up, as we see with a barrel of oil. Therefore, it feels more expensive to us, when in actuality, the price is adjusted for inflation and when compared to other, steady currencies, is not much more expensive than in the past (aka gold, silver). McClum, you’re correcet, uncertainty helps drive speculation, which direcly affects the price of a barrel of oil. However, the effects of speculation on the price of oil would not make it shoot up 400%, as Obama states. No doubt, the uncertainty due to the war has been a factor in the oil prices, but is not a major factor in it. Speculation will lead to a change in few dollars each day in the market for a barrel of oil, but does not lead to a near doubling in prices over the last few years, that is due to massive depreciation of the dollar and inflation. I am trying to point out that Obama does not understand that the “throw money at the problem” philosophy of Congress right now (whom he is a part of) is the reason that our dollar has declined so much, because there is more of it out there. When the dollar declines, the price of goods goes up, as we see with a barrel of oil. Therefore, it feels more expensive to us, when in actuality, the price is adjusted for inflation and when compared to other, steady currencies, is not much more expensive than in the past (aka gold, silver).

]]> By: McClum http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188/comment-page-1#comment-8057 McClum Fri, 21 Mar 2008 12:18:12 +0000 http://www.politicallore.com/uncategorized/obama-speaks-on-the-war-and-economy-and-completely-misses-the-ball/188#comment-8057 The one reason for price fluctuation that you forgot to mention is uncertainty in the market which drives speculation. When there is a war that threatens supply the speculators buy and drive the price up. There is tremendous uncertainty in the market. Speculators drive the price up and because of the war we pay more for gas. Makes sense to me. The one reason for price fluctuation that you forgot to mention is uncertainty in the market which drives speculation. When there is a war that threatens supply the speculators buy and drive the price up. There is tremendous uncertainty in the market. Speculators drive the price up and because of the war we pay more for gas. Makes sense to me.

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