TheRealMafoo said:
http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbblpd_a.htm OPEC is less then half of our import. There is no way you can tie the value of our dollar to the price OPEC sets for oil. The value of our dollar is tied to the value of the assets of the US in comparison to how many dollars we have. Doing things like spending trillions of dollars we don't have is what effects the dollar. That, and a 1.3 trillion in lose of US value. Not how much someone else sets for a product we buy. |
I guess I must have been imagining the depreciation of U.S. currency before this recession even started that was directly tied to the spike in oil prices.
And this chart is totally made up too:

This one is made up too:

We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson







