Posted by
Aaron G on Monday, July 07, 2008 9:01:48 PM
At this point, they either make or break us, the oil speculators and the Democrats that is. Both groups unwittingly rely on each other.
You see, the higher the prices the more Democrats can say that the profits are obscene and they can play on peoples fears and use the class warfare tactic that comes with it. So the Dims rely on the speculators to keep raising prices, it actually helps their cause.
The speculators on the other hand rely on the Democrats to continue their obstructionist ways. To do any thing besides drilling means the supply remains low for now and the foreseeable future. This makes the speculator feel the need to raise the price based on future supply.
Did the Democrats take Macro or even Micro Economics in college? If so, they must have slept through the supply side section, oh wait, that's what the whole semester is pretty much based on. They must have cutting classes and protesting something instead that semester.
Check this article out, it outlines the problem pretty well actually.