About Me

Name: theoilpatchplug
Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Make the Bullet , Reserve Currency for Texas

Posted by theoilpatchplug on Saturday, December 06, 2008 1:15:28 PM
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Derivatives -$50 Quaddrillion Nightmare -World's GDP X 20

Posted by theoilpatchplug on Saturday, November 29, 2008 5:17:09 PM
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

The Economy.. It's Your Fault!

Posted by theoilpatchplug on Friday, November 28, 2008 8:24:25 PM
 
The Effete Elite Blame the Consumer
 
 

Of course the American consumer didn’t consume the right quantities of the right consumable to meet the demands of the right market sector. All you hear from most TV talking heads and print opinion makers is a steady line of this bravo sierra.

Americans consumed -Congress and the President sent checks to insure this consumption. Just as debt is a racket to enslave the weak willed the actions of our political leaders were a trap set to entrap most of the American middle class into slavery.

It’s worked. Democrats and a willing President allowed the buying of votes in exchange for houses, auto loans, monthly checks and tax refunds where no taxes were paid. They have stimulated us into poverty. I believe this was a planned willful action not some economic anomaly.

Now as our economy melts into oblivion we watch the banks (and their owners) that will own our souls receive the last bit of good faith and credit our government has left. Our 4th estate which is s shill for our new masters has told us all along that Brittney and Dancing with Stars are more important that turning over a free nation with opportunity for success and failure to our children. We watch the Federal Reserve and Treasury Secretary loot the treasury in broad daylight without the benefit of reasonable explanations.

Hope, change and fairness have replaced Home of the Brave and Land of the Free. Our media has built an inexperienced Marxist social climber into the new Jesus.

So here we are. Our government is killing off the last vestiges’ of capitalism and our economy to insure only the elite will have prosperity. The orgy of spending engaged by the treasury will insure collapse of the dollar and the capitulation of the Treasury. The Obama half of the population will wonder about what their Messiah will be dining on, if they can join the new secret police and if their IPods can run on green energy.

The rest of us will be looking for food and a place to hide from the Elites and their proxy Obama Zealots.

May God help us.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Not Only at Gas Pumps-Dollars tough to sell on streets of Amsterdam

Posted by theoilpatchplug on Monday, March 17, 2008 9:39:58 PM

AMSTERDAM  The U.S. dollar's value is dropping so fast against the euro that small currency outlets in Amsterdam are turning away tourists seeking to sell their dollars for local money while on vacation in the Netherlands.

"Our dollar is worth maybe zero over here," said Mary Kelly, an American tourist from Indianapolis, Indiana, in front of the Anne Frank house. "It's hard to find a place to exchange. We have to go downtown, to the central station or post office."

That's because the smaller currency exchanges -- despite buy/sell spreads that make it easier for them to make money by exchanging small amounts of currency -- don't want to be caught holding dollars that could be worth less by the time they can sell them.

The dollar hovered near record lows on Monday, with one euro worth around $1.58 versus $1.47 a month ago.
 
(Reuters) -
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Oil isn't Going Higher, The Dollar is Falling

Posted by theoilpatchplug on Wednesday, March 05, 2008 9:05:46 PM
 
Tags: oil   dollar   gas  
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive
« Previous1Next »