Off-Topic: SPR Release

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	Name:	water_watcher -
	Subject:	SPR Release
	Date:	7/5/2011 3:16:20 PM

Obama, in an effort to teach those greedy oil companies a lesson, decided to release oil from the SPR to manipulate oil prices and drive them lower. The forecast was it would drive oil back to $80 a barrel or below.

Today, oil is trading at $97 ... higher than it was BEFORE the SPR release.

The guy is a dope ... what was the national emergency that necessitated the release ... originally they said they would replace what is released ... but at a lower price, saving tax payers money ... hmmm, now if they buy it back it will be at a higher price.

When is the media going to start calling this joke of an administration to task.

Now they want higher taxes for more stimulus ... like the $850 billion in shovel ready projects really drove down unemployment.

Foreclosures are running at all time highs with 1 in every 70 homes in the US in foreclosure. There are cities that 1 in 12 homes are in foreclosure.

But Obama goes plays golf ... and Biden trys to scare union workers and seniors .... people, this is disgusting.

Other messages in this thread:

View Entire Thread

SPR Release - water_watcher - 7/5/2011 3:16:20 PM

SPR Release - Jim Dandy - 7/5/2011 3:34:33 PM

Another idea............... - rude evin - 7/5/2011 5:31:08 PM

He needed to help China ... - water_watcher - 7/6/2011 12:51:56 PM

SPR Release - Barneget - 7/5/2011 10:04:07 PM

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