"Nothing To See Here, Go Back Home..." CHART: Oil Prices 1994-2008

From Pottersville. Note that the chart only goes to March:

http://welcome-to-pottersville.blogspot.com/2008/06/nothing-to-see-here-go-back-home.html

Nothing To See Here, Go Back Home



…that is, if we have any homes to go back to.

This NYMEX chart that goes back to the middle of Bill Clinton’s presidency to the present day pretty much tells you everything you need to know about how efficacious it is to have two Texas oilmen in the White House during a Middle Eastern occupation and the effect it has on gas prices. Note that gas prices, as I’d predicted at the time, dipped just before the 2006 elections then we went back to getting reamed as if being punished for voting in a Democratic-controlled Congress (Same thing around Election Day 2004 except we got saddled with Bush for four more years and gas prices started to skyrocket, again, anyway.).

So thank God we have a Preznit who, in these troubling’, turbulous times addresses and acknowledges the problems facing us… if not providing any specifics as to how to go about remedying these problems other than making tax cuts permanent.

Yeah, unemployment’s a bit higher than we’d like (5.5%, a jump of half a percentage point), sure, over a million people got their mortgages foreclosed on including Jose Canseco and Ed McMahon, sure, the Dow Jones lost 394 points today and, yeah, we’re paying $4 a gallon at the pumps and when I ask the Saudis for help time and again they laugh at me and tell me to go fuck myself, but “recession”?

How dare you throw the “R” word around here. You tryin’ to excite class warfare? ’Cuz I’m a war preznit and I can fare war with the best of ’em.

And it doesn’t help any when the Wall Street Journal calls our economy “turbulent.” Turbulent is when a plane experiences wind shear during a flight. Turbulent can define a husband and wife having spats.

This is recession heading rapidly toward a depression, plain and simple. You don't need to be Paul Krugman to know that.

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the first rec.

you?
dp

He's the worst at everything.

I believe he has succeeded at every enterprise he's tried. I believe him to be an incarnation of Shiva, Hindu god of destruction. As such, he has succeeded at destroying EVERYTHING he has laid his filthy little hands upon.

And, that has been his mission...

I suppose many have this feeling that these 8 Bush years were just one gigantic payback to his contributors and "friends" in the oil business.

"My sincere thankitude to you noisy American proles for your generous contributions at the gas pump to me and VP Dickie 'Five Military Deferments' Cheney and our republicon homelander oil cronies. Smirk."

- Commander AWOL