Bush is going begging to the Saudis again - Today’s Headlines 5/13/08

[Caro]

Top Story

Bush to discuss oil prices with Saudi king
WASHINGTON - President Bush said Monday that when he meets Saudi Arabia's King Abdullah later this week, he'll bring up the effect that high oil prices are having on the U.S. and global economies.
He’s going begging again. How humiliating is that?—Caro

A Blast from the Past by Russ Donegan

For more headlines, visit MakeThemAccountable.com.

Carolyn Kay
MakeThemAccountable.com

[Clear Blue Sky]

1. Maybe he should beg harder. Prices continue to rise...

[hisownpetard]

2. Hell, he's not begging for us! He just misses all the hand-holding and strolls through the park...

[Andy823]

3. It's the investors

That are killing us with high oil prices. They keep buying it up because the dollar is so low, and then they sell it off and buy it up again when the price drops. They stock pile oil and are using it to gain back the billions they lost in bad housing loans. If he really wanted to do something he should start at home with his "base" of rich, greedy self centered corporations and investors who don't give a shit about the people of this country, only their profits!

[Warpy]

4. This is window dressing

and a cheap show for people who don't know any better.

There is no oil shortage. None. Some fields are showing lower production but we are far from seeing the absolute last dregs of oil. This price runup is entirely due to hedge funds gaming commodities futures, aided by Stupid buying up the expensive oil and beating war drums.

Meanwhile, he refuses to release oil from the Strategic Reserve to glut the market and knock those speculator prices down. In fact, he's more concerned with protecting the profits of the hedge funds than giving relief to working people who are suffering.

If he's going to the Saudis, you can bet they're all laughing at us on the other side of the closed door.

[ladjf]

5. Theater, nothing more.