tag:blogger.com,1999:blog-4223398383609158624.post1036354657602113916..comments2024-02-24T00:37:43.087-05:00Comments on The Other McCain: Economics: 'The Current Weirdness'Robert Stacy McCainhttp://www.blogger.com/profile/03084541621503669804noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4223398383609158624.post-27144661730335767732009-06-10T12:14:07.295-04:002009-06-10T12:14:07.295-04:00As someone who trades for a living I'll just s...As someone who trades for a living I'll just say that it has little to do with supply and demand. It's an inverse play on the weaker dollar. It's actually up abt/ 100% from the bottom and down 50% give or take from its last top.Mr. Darthttps://www.blogger.com/profile/17861948420597834287noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-23462847523882611772009-06-10T11:44:22.901-04:002009-06-10T11:44:22.901-04:00"The current weirdness" is SO very apt. ..."The current weirdness" is SO very apt. As a center-left kind of guy (aka "realistic liberal"), I'm just in fog right now. Does anyone in Washington have the "smarts" and "cajones" to get up in front of we regular Joes and Janes and EXPLAIN everything financial with charts, presentations, animations, etc? That is what is scaring the heck out of me. ALL this cash flying around and I don't know who, what, where, when, and why!<br /><br />I through with Blame Bush. How about "Blame Everyone So We Can Suck It Up And Make The Hard Choices". My wife and I have already downsized our life considerably. We have gotten ourselves into good physical shape as well. Why? Because like it or not, hard choices are coming and we all better be up for it. Dreamers need not apply at this time.T-Steelhttps://www.blogger.com/profile/13329875454199766462noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-9639948338253861422009-06-10T10:35:18.388-04:002009-06-10T10:35:18.388-04:00Nevertheless, while diligently auguring for auspic...<i>Nevertheless, while diligently auguring for auspices of doom in the economic entrails, I'm trying to check my pessimistic biases at the door and entertain the possibility -- however remote -- that the inherent dynamism of the American economy can overcome even the Keynes-on-steroids interventionist approach of Obama, Pelosi and Reid. We may yet muddle through somehow.</i><br /><br />I have hope too.. but it's going to be a LONG and tough two years before any real check or balance might be possible.Dave Chttps://www.blogger.com/profile/13779153708960447630noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-38944131394016607622009-06-10T10:20:15.589-04:002009-06-10T10:20:15.589-04:00I think oil prices might also be explained by expe...I think oil prices might also be explained by expectations that the economy is improving - IF the economy is getting better, that indicates greater future oil consumption, which will fuel speculation on oil futures, which will force prices higher.<br /><br />Note that none of this depends on the economy ACTUALLY getting better. It's just what oil speculators think might happen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-22307841436975637812009-06-10T10:14:52.968-04:002009-06-10T10:14:52.968-04:00When Obama is in his 8th term as Emperor-in-Chief ...When Obama is in his 8th term as Emperor-in-Chief and we're all huddled around our burning houses to stay warm, Barry's true believers will still be blaming all their problems on Bush. It's actually quite creepy, this way beyond a man-crush thing.physics geekhttp://physicsgeek.mu.nunoreply@blogger.com