Let me list what is currently happening and you tell me what should be happening to the price of oil.
- Oil has been spilling into the gulf for 40 days and is already 4 times larger than any prior spill.
- The president has announced that all new oil exploration and drilling projects will be put on hold.
- The middle east is on the brink of conflict with Iran's open defiance of UN nuclear demands and attacks on the Gaza blockade.
- The summer driving season is about to begin.
- The economy is said to be picking up with manufacturing up and jobs being created.
- NOAA has predicted a very active hurricane season for the gulf states.
Why is it that despite all these factors that should be pushing the price of oil up the price continues to fall? Remember how just a year ago a story about
an Iranian ship firing on Americans caused the price of oil to spike. Little things, the threat of any problem would always send the price spiking up.
Something radical has changed in the past year that has been slowly leaking out despite the best efforts of those in the media. The price of oil is an
indicator of what the commodities brokers believe the demand will be for energy in the future. Despite all these very real threats to the supply of
oil the people who know believe that the demand for oil is only going to fall.
If the world economy really is beginning to recover then what exactly are they going to fuel that activity with? The truth is that there is no recovery
coming and in fact the world is about to take a deep breath before the plunge into economic collapse.
Right now world leaders are dealing with problems with giant kid gloves. They are desperately trying to hold off the event that will start the dominos
falling and the guns blazing. Look at how we are dealing, or actually not dealing with what North Korea did. They intentionally sank a South Korean
military vessel in international waters but because China will not openly say the believe this to be true we are sitting on our hands paralyzed.
Radical activist groups have banded together to use propaganda and martyrdom to break the Israeli blockage of Gaza. Their intention is clearly stated,
to break the blockade so that Hamas and Iran can freely bring weapons into Gaza to carry out attacks against Israel. If they do not succeed in
breaking the blockade then they will martyr themselves before the Israeli military in order to create world wide condemnation of Israel.
What kind of peace mission has members of radical Muslim groups, Al Queda and Hamas aboard. Along with the toys and medical supplies the boats
contained gas mask, night vision goggles and bullet proof vests. Once again the world is pushing the Jewish people into a corner. The
UN has become an extremely anti semitic organization and the enemies of Israel are becoming bolder as the support of the US gets weaker and weaker.
May 26, 2010 - Terminally Ill.
May 24, 2010 - The 10 Planks Today.
May 19, 2010 - The 10 Planks.
May 11, 2010 - Buying Time.
May 3 - Mission Organization.
April 27 - My name is America, and I'm and addict.
April 26 - This time you've been warned.
April 23 - Mutually Assured Economic Destruction
April 22 - The Truth, Does it matter?
April 21 - Name that Mob?
April 20 - Why So Quiet?.
April 19 - The Deadbeat Bubble.
April 16 - Oh no you didn't.
April 15 - The Party of Silence.
April 14 - You've got to be kidding me.
April 13 - Where do we go from here
April 12 - Youth of the Nation
April 9 - Turning the Tables
April 8 - New Age of Discrimination
April 7 - Thank You Kind Stranger
April 6 - The Cost of Compassion
April 5 - Happy Days are Here Again
April 2 - Of Course We Can Do a Better Job
April 1 - The New Normal
March 31 - Take a Deep Breath
March 30 - Metaphors and Blinking Lights