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normative postulate...,
2008-06-26 23:34:17
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Robert Waldmann is funny...,
2008-06-30 16:33:29
math is hard:
On the one hand, says Beltway Establishment, we must drill every last drop of crude and process every metric ton of shale oil, forever, damn the consequences. On the other the government is supposed to intervene in the free market and chase the speculators out of the temple, promising that if we do so the price of oil will crash back down to 50 dollars a barrel. Meanwhile, the producers who are supposed to invest in the increasingly expensive exploration and extraction operations will apparently do more and better for $50 what they haven't done for $140.
If this makes sense to you, then you have the depth of experience and commitment to free markets necessary to be the Chief Executive of the United States of America.
:: posted by buermann @ 2008-06-27 12:31:54 CST |
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