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Stock Ideas Investors Daily Edge Raining Petro-Dollars In Georgia
Stock Ideas Investors Daily Edge Raining Petro-Dollars In Georgia 
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Profit From the Fed's P&B Campaign Agnico-Eagle Mines (AEM:NYSE) Printing & Bailing R Us -- that's the new name for the Federal Reserve. As they ramp up the presses and bail out the banks, one thing is for sure: Gold prices will soar. |
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| Raining Petro-Dollars In Georgia |
| Saturday, 06 September 2008 | |||
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Page 1 of 2 The US just gave $1 billion to the country of Georgia… a billion freekin’ dollars to help clean up a mess that the US created with more of its stupid petro-diplomacy. That billion doesn’t include the hundreds of millions in military aid the US has racked up in Georgia in the past year… money spent on antagonizing Russia so it would go nuts before the US elections… or the hundreds of millions the US will spend on more military aid until at least January 2009. And, forget for a minute that if the next US president is Sen. John McCain, the US’s next war will likely be fought in Georgia… let’s focus on that billion dollars. A billion suddenly appreciating smackeroos. If the US was so intent on blowing that wad overseas, instead of, say, on the US state of Georgia’s terrible public school systems, why didn’t it spend it this way... I’ll bet you a cool billion would have loosened some tongues. Hell, Osama might have turned himself in – a billion bucks buys a lot of C-4. Of course, the problem with a big reward is that someone might catch the scoundrel alive. That’s a dicey reality that could lead to a messy public trial – one that embarrasses both the US and its skanky ho mistress, Saudi Arabia. You know, the kind of mistress where your wife divorces you and your friends go “for that.” In fact, every time I think of the US’s relationship with Saudi Arabia I think about President Bill Clinton… and what many men, including me, who are still not totally detached from the media assault on image and sex, thought about him. “You are the leader of the free world you could have had the Swedish Bikini Team. Instead every one of your hoes was u-g-l-y… even-after-thousands-of dollars-of-cosmetic-surgery ugly.”
Raining Dollars In Georgia So, here we are this week, and the Dark Prince, aka The Vice President of the United States, is in Georgia with the US’s wallet. He’s spreading big bucks around Tbilisi and talking tough – doing advertorials for Sen. McCain from what amounts to a GOP convention offsite. Senator Barrack Obama may have had Invesco Field… but Cheney, doing his best George C. Scott doing Gen. George Patton, was preaching to the US’s right wing from yet another foreign battlefield… talking tough about the need to slap down the dreaded Ruskies. It was surreal – like a black comedy. What’s even more surreal is that certain segments still fall for the Red Menace marketing ploy… kind of like some people can’t help themselves from opening emails with the subject line – “lose 40lbs in 30 days.” Slippery Isolation Now, this is just a gut feeling – a big gut since I’ve never fallen for the “lose 40lbs in 30 days come on…” But, doesn’t US foreign policy – that will continue under McCain… and in a year or two under Palin – make a strong case that the US is trying to isolate itself from the rest of the oil-producing world? The US will get little or no oil or gas from Russia. None from Iran. There’s a chance it could get some from Iraq, but turn your back on that mess for a second and fugetaboutit! On top of that, Saudi Arabia needs to manage its reserves to make them last. And, finally, McCain/Palin won’t kiss OPEC darling Hugo Chavez’s butt, so don’t count on much more than a dribble from Venezuela. NIMBY’s Last Gasp So, who is going to feed the beast? In the end, the neo-isolationism will force US citizens to demand a rapid expansion of domestic production – offshore and on – or pay $5 to $6 at the pump. |
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