Who Should We Invade Next?

Who Should We Invade Next?

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IntruderLS1

IntruderLS1

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RecklessTim said:
The $60 a barrel was only interesting in the fact that it was considered the high water mark if everything went wrong in Iraq. Well we are well above that mark.

This article was only to point out China's interest in Iraqi oil. It doesn't address the cause of war. And don't kid yourself, Saddam made it very clear that he was intending to sell the Iraq oil to China, cutting us out of the loop.

Putting Iraq's oil back onto the market is not increasing the world supply, it's just bringing it back to what it was before the sanctions. If China were to buy Iraq's oil, that would not free up other markets because their demand for oil is growing faster than the worlds supply is. They want to have their strategic oil reserve in place before 2010 so they are trying to find new/cheap markets to supply their reserves. They will not stop purchasing somewhere else just because the Iraq oil fields are opened to them.

As far as trading oil for euro... read this entire article, it goes into the problems and concerns of the failing dollar.

source...
Click to expand...

They can't cut us out of the loop. That isn't how it works. Okay, let's say they had a trading agreement with China, and they were willing to sell exclusively to China for moral reasons. I can buy that.

Now what happens? The "old" world supply is still unchanged, therefore the "new" world supply doesn't affect us directly.

Let's say it does though. Okay, our prices go up. Now China is buying oil for $10 a barrel from Saddam, but the U.S. is offering $100 a barrel on the free market. Who else is going to supply China?

Now China has a new problem. You want to talk about U.S. dependence on foreign oil? LOL They would be totally at the mercy. When Saddam kicked the bucket, do you think the new leader would want to continue selling @ $10 bucks? If any common sense what-so-ever existed in that country, he's going to tell China they can stuff it, and they'll now sell it to them for $95 a barrel out of their undying generosity.

As for your article on the woes of a weaker dollar, I would put this out. Do you think you could write an equally devastating picture of the future on the strong dollar side?

Hello off shoring. Hello job loss. Hello total loss of self reliance. And so forth for a long ways...

Strong dollar = Weak selling power , strong buying power
Weak dollar = Strong selling power, weak buying power

Would you suggest that our purchasing power in the world today is not top shelf? How much higher do you think it should be?

It sounds like conspiracy theory to me. Article A, plus newscast B, plus IF this C had happened, plus you have to know they could, then you have your answer. Don't you think the Congress would have sniffed this stuff out by now? The Dems have a lot of research capability, and if they could make something even halfway stick, they would have done it. They trumpet this crap to stir people up, but they don't go anywhere with it because there isn't anywhere to go.


RecklessTim said:
Is there anything of substance you can add to the topic at hand, or do you just enjoy coming into the debate section to agree with all of Scott's posts?
Click to expand...

90% of this entire website is made up of "+1's."

Your prejudice is ugly.
 
Tim

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IntruderLS1 said:
They can't cut us out of the loop. That isn't how it works. Okay, let's say they had a trading agreement with China, and they were willing to sell exclusively to China for moral reasons. I can buy that.

Now what happens? The "old" world supply is still unchanged, therefore the "new" world supply doesn't affect us directly.

Let's say it does though. Okay, our prices go up. Now China is buying oil for $10 a barrel from Saddam, but the U.S. is offering $100 a barrel on the free market. Who else is going to supply China?

Now China has a new problem. You want to talk about U.S. dependence on foreign oil? LOL They would be totally at the mercy. When Saddam kicked the bucket, do you think the new leader would want to continue selling @ $10 bucks? If any common sense what-so-ever existed in that country, he's going to tell China they can stuff it, and they'll now sell it to them for $95 a barrel out of their undying generosity.
Click to expand...

I'm sorry that you are unable to see how the world's second-largest known oil reserves are important to the US. Oil that some of the easiest and cheapest to extract...
Page 1, Chapter 1 of the Iraq Study Group report lays out Iraq's importance to its region, the U.S. and the world with this reminder: "It has the world's second-largest known oil reserves." The group then proceeds to give very specific and radical recommendations as to what the United States should do to secure those reserves. If the proposals are followed, Iraq's national oil industry will be commercialized and opened to foreign firms.
Click to expand...

IntruderLS1 said:
As for your article on the woes of a weaker dollar, I would put this out. Do you think you could write an equally devastating picture of the future on the strong dollar side?

Hello off shoring. Hello job loss. Hello total loss of self reliance. And so forth for a long ways...

Strong dollar = Weak selling power , strong buying power
Weak dollar = Strong selling power, weak buying power

Would you suggest that our purchasing power in the world today is not top shelf? How much higher do you think it should be?

It sounds like conspiracy theory to me. Article A, plus newscast B, plus IF this C had happened, plus you have to know they could, then you have your answer. Don't you think the Congress would have sniffed this stuff out by now? The Dems have a lot of research capability, and if they could make something even halfway stick, they would have done it. They trumpet this crap to stir people up, but they don't go anywhere with it because there isn't anywhere to go.
Click to expand...

It's not just the problems of having a weaker dollar, you have to look at what is causing a weak dollar. What is it that's pushing the value down? If it was the fact that other foriegn markets were getting stronger while we were stagnant, then I can see the weaker dollar being a good thing. But the causes of our weakening dollar are what worry me...

  • Lower interest rates in home country than abroad (which we keep lowering to help our economic woes)
  • Higher rates of inflation
  • A domestic trade deficit relative to other countries
  • Relative political/military stability in other countries
  • A collapsing domestic financial market
  • Weak domestic economy/stronger foreign economies


Ah hell Scott, you are right... the economy is going gangbusters, our national debt is a flash in the pan, we have no need for foreign oil, our military is as strong as ever and we have never seen such flawless leadership as what Bush has ushered into the White house.
 
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