Oil prices continue to fall; capitalism works! Why so quiet today libs?

They are out getting their welfare checks.Oil prices continue to fall; capitalism works! Why so quiet today libs?
I am a passionate supporter of capitalism. I think it's the freest, fairest, and most pragmatic way to distribute resources to the greatest number of people.





That being said, I resent that we think capitalism only works when prices are where we want them to be. Even if gas skyrockets to $5 per gallon, capitalism still works. Capitalism doesn't promise low prices or equality of means or anything like that. It's merely a system in which individuals can freely exchange goods and services without interference. You're right - gas prices are going to fall slightly and capitalism does work. But eventually gas prices will go up and your argument (that capitalism works because gas prices fell) won't make sense any more. People who oppose capitalism are going to seize that opportunity.Oil prices continue to fall; capitalism works! Why so quiet today libs?
So you think everybody that`s fed up with the way things are- are just libs ? Think again. A whole $4.00 don`t do much and wait till the wind blows a bit hard and it`s jacked up again.





Capitalism only works for Wall Streeters,


but there are no signs things will get better soon for the consumer, long the driving force of U.S. economic growth.





';For the areas of the economy that rely on heating oil, high fuel prices are going to be another blow to the consumer this winter,'; said Jack Kyser, chief economist at the LA County Economic Development Corp.





';The hotter states will feel the pinch during the summer months but in the mid-America states where you get hot summers and cold winters, it's going to be very uncomfortable,'; he said.





';This is going to eat into the disposable income of American consumers -- supposing they have any left.';





Oil prices, now $130/$126.62 a barrel, have risen six-fold since 2002. On Wednesday, heating oil reached a record high above $3.90 a gallon and the price is expected to stay high.


Thu May 29, 2008 12:46pm Est





http://www.reuters.com/article/idUSN2248鈥?/a>
Oil prices have been rising since 2002 because of President Bush's policies. Before the Iraq War we had the ability to influence OPEC members like Saudi Arabia, Indonesia, and the UAE.





But now we've lost this influence; as a result OPEC will not increase oil production to meet increasing demand. Both Cheney and Bush visited Saudi Arabia to ask them to use their influence in OPEC.....but the Saudis only made a token increase in their own oil production.





With the Saudis remaining quiet, every other oil producing country is making hay, including US-haters like Mahmoud Ahmedinejad of Iran and Hugo Chavez.
if people continue to consume less those prices will continue to fall. Too bad that trend has already begun, and if the democrats win in November the Liberals will give Obama credit. They blame Bush now!
amazing!





Capitalism single handedly drops the price of oil!





OPEC is stunned!








is it genius day today? Did I miss a memo?
Prices fluctuate, but they aren't going down and staying down any time soon.
The Investigation into Oil Price Fixing WORKS.
Lol for how many days wil they fall before settling at 140$ next
continue to fall? where do you shop? gimme some of that.