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Oil trades in dollars and with the printing presses running at the rate they are there is only one thing that's going to happen, devaluation of the dollar. Oil is just reflecting the actual value of the dollar.
Stuck in Kansas,
You seem to have missed Clinton had 4 years of balanced budgets, and more importantly the luck of the calendar, Y2K. Every level of the economy was over producing inventory for fear of what might happen on 1/1/2000.
Once that passed without incident, then maunfaturing slowed to a crawl needing to ...more
remember "opinions are worth as much as they cost" except when Obama et al entered the auto industry and are using the taxpayers money to support his opinions.
The real issue is why do we have a tax system that requires a return at all. We should be seriously looking at a consumption tax that would treat everyone equally including the underground economy and eliminate the cost of the IRS.
1/27/2011
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