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Title: Trump: Obama Cut Deal with Saudis to Keep Oil Prices Low Until Election
Source: breitbart.com
URL Source: http://www.breitbart.com/Breitbart- ... il-Prices%20Low-Until-Election
Published: Jun 16, 2012
Author: The Donald
Post Date: 2012-06-16 18:46:59 by whyofcourse
Keywords: None
Views: 4044
Comments: 12

Trump: Obama Cut Deal with Saudis to Keep Oil Prices Low Until Election

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#1. To: whyofcourse (#0)

I already assumed this was why.

Tooconservative  posted on  2012-06-16   18:52:00 ET  Reply   Trace   Private Reply  


#2. To: TooConservative (#1)

He has also removed "cost" of 'energy' and 'food' from the cost of living equation.

whyofcourse  posted on  2012-06-16   18:58:47 ET  Reply   Trace   Private Reply  


#3. To: whyofcourse (#2)

Bread and circuses.

Tooconservative  posted on  2012-06-16   19:33:16 ET  Reply   Trace   Private Reply  


#4. To: whyofcourse (#2)

He has also removed "cost" of 'energy' and 'food' from the cost of living equation.

I think that happened before President Obama.

Never swear "allegiance" to anything other than the 'right to change your mind'!

Brian S  posted on  2012-06-16   19:52:56 ET  Reply   Trace   Private Reply  


#5. To: Brian S (#4)

You may be right, I think it was in 2008.

whyofcourse  posted on  2012-06-16   19:59:19 ET  Reply   Trace   Private Reply  


#6. To: whyofcourse, Brian S (#5)

Cost of Living has always (since Nixon) had the 'excluding food and energy clause'....;}

mcgowanjm  posted on  2012-06-17   8:14:51 ET  Reply   Trace   Private Reply  


#7. To: All (#6)

Peak Oil:

Where petroleum is priced out of reach of the Bttom 99%.

But it's too cheap to pay for Deepwater/Arctic.

The USSA has the cheapest gas in the world.

Except for the Major Oil producer states,

which btw, are keeping a larger %age of their product every year and exporting less.

mcgowanjm  posted on  2012-06-17   8:16:49 ET  Reply   Trace   Private Reply  


#8. To: whyofcourse (#2)

He has also removed "cost" of 'energy' and 'food' from the cost of living equation.

Untrue.

Question: What goods and services does the Consumer Price Index (CPI) cover?

Answer: The CPI represents all goods and services purchased for consumption by the reference population (Consumer Price Index for All Urban Consumers or Consumer Price Index for Urban Wage Earners and Clerical Workers). The Bureau of Labor Statistics (BLS) has classified all expenditure items into more than 200 categories, arranged into eight major groups. Major groups and examples of categories in each are as follows:

FOOD AND BEVERAGES (breakfast cereal, milk, coffee, chicken, wine, full service meals and snacks);
HOUSING (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture);
APPAREL (men's shirts and sweaters, women's dresses, jewelry);
TRANSPORTATION (new vehicles, airline fares, gasoline, motor vehicle insurance);
MEDICAL CARE (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services);
RECREATION (televisions, cable television, pets and pet products, sports equipment, admissions);
EDUCATION AND COMMUNICATION (college tuition, postage, telephone services, computer software and accessories);
OTHER GOODS AND SERVICES (tobacco and smoking products, haircuts and other personal services, funeral expenses).

What actually happened in 1999, is that they changed the weight that gasoline and food have on the CPI. The items are still included, just weighted differently than they were before.


we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plague -- lucysmom (A.K.A. minnigold)

jwpegler  posted on  2012-06-17   10:40:16 ET  Reply   Trace   Private Reply  


#9. To: whyofcourse (#2)

He has also removed "cost" of 'energy' and 'food' from the cost of living equation.

Bull.

Since the year 2000, there's been two inflation numbers released simultaneously, a core number, which is ex-food and energy, and an aggregate number which includes them.

I'll believe that a corporation is a person 1 second after Texas executes one...

war  posted on  2012-06-17   12:42:40 ET  Reply   Trace   Private Reply  


#10. To: TooConservative (#3)

Bread and circuses.

?

Serenissima Venezia  posted on  2012-06-19   16:43:13 ET  Reply   Trace   Private Reply  


#11. To: Serenissima Venezia (#10)

How the emperors pacified Roman civil unrest.

Tooconservative  posted on  2012-06-19   17:09:14 ET  Reply   Trace   Private Reply  


#12. To: TooConservative (#11)

How the emperors pacified Roman civil unrest.

oh.

American Idol and ... government cheese? food stamps?

Serenissima Venezia  posted on  2012-06-19   18:40:20 ET  Reply   Trace   Private Reply  


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