Sunday, October 28, 2007

Argentina, Oil and Dem Politics

Today, hopefully, the Argentines will do what a few months ago the French failed to do: elect a babe to be president. Cristina is her name. She'll be the most exciting thing to happen to that pink crib since Shakira's boyfriend's old man had to be airlifted off the the roof. (Forget Evita.)

Is it true that the rising price of oil is due to the declining value of the US dollar? The price of a barrel of oil is approaching $100, yet there isn't much being said, unlike the tirades earlier in the year when the price was going over $60? Why? Granted that it isn't (or hasn't been) so much the price as the availablity that concerned USA citizens, but why isn't the press focusing on the current price level? Is there a scab that dare not be picked? i.e. Real money? i.e. China?

Although I don't give a fig about USA politics, I predict a Clinton-Richardson ticket.

No comments: