Was Iraq a setup?

[0p7!mu5]

Opportunity was not there initially, it came quick after 9/11. Understand those that claim oil prices still rose, this Euro theory was never about keeping gas prices down and to understand it you have to look deeper than the surface.

If all oil sold by OPEC and across the globe is denominated in Dollars what happens when a major supplier switches currency? With even a high school diploma you should be able to answer that question. The value of the Dollar has become so dependent on oil that it is critical to keep the system as it is.

Have you heard any woes about the Dollar since gas has gone above $3.60 a gallon? Didn't think so..

For people who say "Well the Dollar has still risen" Again, theories require thought, inflation in our country is happening because of fiscal irresponsibility. Our spending in Iraq, $600 Billion.. this wasnt the plan. The plan was go into Iraq, take the leadership out in a matter of months at the MOST and put in a transition government, that didn't happen obviously.

Tie that with the crash of the stock market and the lowered interest rates for years THEN the crash of the housing market and you have inflation at the rate we have it. It would have been worse had Iraq's oil stayed in Euros, matter of fact the Euro was relatively weak until Saddam switched their reserves.

so what do you see happening in the new few months then? I think its still goin to rise but what im wondering about is this so called investigation of tryin to move oil stocks out of the sec's reach starting with Enron. Hence where I think McClellan and the Iraq thing may finally see justice.
The way i see it is that if there was some shady backdoor price gouging being setup with Enron and other companies/investors would the exposure of that eventually bring down prices? Maybe not back to 2.00 levels but certainly not raise it anymore.
One way or the other we are going to be paying more for now on but hiking it up that high would be extremely detrimental to our economy moreso than current prices are. Im just wondering how all this will play out and if there is something larger than oil going from dollars to euro's because if the US economy bombs how would companies like that be able to sustain themselves even they would feel that kind of a backlash.

[tony]

so what do you see happening in the new few months then? I think its still goin to rise but what im wondering about is this so called investigation of tryin to move oil stocks out of the sec's reach starting with Enron. Hence where I think McClellan and the Iraq thing may finally see justice.
The way i see it is that if there was some shady backdoor price gouging being setup with Enron and other companies/investors would the exposure of that eventually bring down prices? Maybe not back to 2.00 levels but certainly not raise it anymore.
One way or the other we are going to be paying more for now on but hiking it up that high would be extremely detrimental to our economy moreso than current prices are. Im just wondering how all this will play out and if there is something larger than oil going from dollars to euro's because if the US economy bombs how would companies like that be able to sustain themselves even they would feel that kind of a backlash.

No clue as to what may be coming, there will be a drastic change in the current administration over the next year and that could effect a lot of things. With interest rates being so low the value of the dollar is likely to continue to fall and our demand for foreign oil has not tapered.. that makes for even higher gas prices.

The Euro thing is just a theory.. as I said I think it was a fringe benefit rather than a deciding factor (at least I hope)