Has anyone seen the actual demand numbers for oil compared to the rise in the price of it? It is a startling difference. The actual increase in the demand is a far less percentage than the price change in the commodity itself.
I think that what will happen is that the Mortgage business and high oil prices will be blamed for the upcoming economic problems. After the fact, the politicians and the Spitzers of the world will do their grandstanding. They will bring action on these two sectors blaming them, for the debacle and the fraud that we all know is there right now.
This will solve nothing. Big oil is making big money for too many politicians, so they are not going to do anything about this until the run is over.
SDR and poway, I think might hate each other enough to actually get married! Are you guys husband and wife secretly?