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Today's further collapse of Wall Street will result in 1000's of job losses & the lose of financial fortunes of many Americans. Bad news for President Bush & his failed de-regulations of the economy.
Hurricane Ike devastated Galveston with millions of Texans without electricity & 1000's of now homeless citizens. Because of damaged oil derricks, the price of gas is expected to shoot up again.
President Bush is desperately trying to leave office on a good note but it seems things get worse every day.
Will all of this effect the campaigns of Obama & McCain?
HHMMMM Sounds like a good excuse for the Pres to declare martial law. start the round up of a bunch of folks ( he's been keeping track of the bush bashers)and use all those FEMA camps.....
Yeah you got that right!
Light, sweet crude for October delivery fell $5.47 to settle at $95.71 a barrel on the New York Mercantile Exchange -- oil's first settlement under $100 since March 4. Earlier, prices dipped to $94.13, the lowest trading level in seven months. The sell-off gained momentum in aftermarket trading as prices fell more than $6.50.
Crude has fallen more than $50 -- or 35 percent -- from its all-time trading record of $147.27 reached July 11 as a global economic slowdown continues to weigh on demand for energy.
At this price we should see no more than $3.30 a gallon of regular, and realistically $3.10 or less, but nooooo, they found another excuse to shoot it back up for more record profits---Amazing---and nobody does nothing about it but takes that corporate golden rod. All the way, I might add.
They gave loans to people who couldn't afford them, they knew they wouldn't! And they still approved them! Skimmed the profits off the top, and repackaged the deals and sent them on to someone else. UNBELIEVABLE-Now we all will pay for it. Man I can't see the rod anymore. Ohhh it's all the way up there! Enjoy
Oil closes below $100 for first time in 6 months: Financial News - Yahoo! Finance (http://biz.yahoo.com/ap/080915/oil_prices.html - broken link)
how will this result in the financial fortune loss of many americans? the accounts will be transferred to another company.
Quote:
Originally Posted by happ
Today's further collapse of Wall Street will result in 1000's of job losses & the lose of financial fortunes of many Americans. Bad news for President Bush & his failed de-regulations of the economy.
Hurricane Ike devastated Galveston with millions of Texans without electricity & 1000's of now homeless citizens. Because of damaged oil derricks, the price of gas is expected to shoot up again.
President Bush is desperately trying to leave office on a good note but it seems things get worse every day.
Will all of this effect the campaigns of Obama & McCain?
Rumor has it President Bush was eating Doritos during the time of the hurricane.... We're talkin Cooler Ranch people.... how despicable.
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