Even though I voted for Barack Obama, I am not disillusioned enough to believe everything will be better within a few months or even a few years. This has been going on for a long time and there is going to be some tightening of the belt necessary.
One of the things many people don't know is the reason oil got so high because its price is fixed in US dollars and our dollar has depreciated so much over the last several years that they had to continue to raise the price. The only reason it has dropped like a bowling ball falling off a cliff is because the speculators have realized there is going to be a significant reduction in demand. There are so many things facing the new president it's going to be interesting to see if he can succeed in the majority of them. There is no way he's going to be able to fix everything. Even if he serves eight years, he will probably only get a good start. Just my two cents. Quadius On Mon, Nov 10, 2008 at 4:39 PM, <[EMAIL PROTECTED]> wrote: > George W may have succeed in his effort to scare off foreign investors > who own so much of this country directly and indirectly. American soil was > always consider a safe haven for foreign investors who wanted to invest in a > major country that wasn't at war with itself and had a stable economy. > Can't say that now... can we? > > Best Wishes >
