What’s the bigger problem, price of oil/gas or the value of our dollar?
I think Bush is trying to pull another WMD by trying to place as much blame as he can on the Democrates as he can for the high price of fuel because of the drilling restrictions there fighting for. Bushes bungled policies have had every thing to do with the value of our dollar, when the value of our dollar goes up only then will we see lowering of fuel prices.
January 17th, 2010 at 3:24 am
they are one in the same. If the dollar was more valuable, gas would be less. Look at how Gold and Copper have skyrocketed at the same time as Gas. This tells me that it’s more a matter of the value of dollar than any other issue. We need to stop borrowing to pay for a war we’re fighting now. Have a war tax, or don’t fight the war.
January 17th, 2010 at 3:24 am
They are both problems and are linked.
http://video.google.com/videoplay?docid=3340274697167011147
January 17th, 2010 at 3:24 am
Value of the dollar.
January 17th, 2010 at 3:24 am
The American dollar is collapsing, thats the biggest reason why oil prices are high. Oil will almost double when U.S attacks Iran.
http://www.youtube.com/watch?v=zUbA-vz0Py0&feature=related
The Federal Reserve ruined the American dollar.
January 17th, 2010 at 3:24 am
The biggest problem? Corperate Greed! Those 20% who own 80% of the wealth that don’t give a dam about the rest of America.
January 17th, 2010 at 3:24 am
Price of everything IS related to the money supply. You’ve hit on something that almost no one understands
January 17th, 2010 at 3:24 am
To some extent, these are both symptoms of another problem; they are not the root. The problem is one of economics related to the number of dollars that leave this country every day to purchase foreign oil. If you reduce the amount of money spent on imports (through conservation, switching to alternative fuels, drilling, ect, I’ll let you pick your poison), then the price of oil drops and the value of the dollar increases.