Larry Kudlow Shows His Compassionate Conservative Side
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is the caller a crackhead?
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Yes, obviously a child molester.
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Douchebag of the fucking century. May he be wrongly convicted of child raping and spend the rest of his life in solitary confinement.
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Kudlow is without a doubt a child molester and a scumbag. Should he ever run for anything I give him a week before he's chewing a bullet. I don't condone violence,but would be thrilled to see him in a chalk outline. Here's to HOPE.
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Kudlow sucks...fucking crackhead...
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"Demand is growing in all but the US"
What are you talking about? I'm not sure what world you are living in but the US doesn't have the pull anymore to get oil prices from 140 to 40 with it's own recession. The whole deal why this is such a crisis and commodities are tanking is because it is global. China isn't turbo charged anymore and Russie certainly isn't. And seriously though Russian growth hasn't been that impressive. I mean they were at 1989 levels for the first time again in 2007/2008.
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The suspension was based one of the foreign banks funding the project went bankrupt. Talks are going on now with local banks and investors to resume as an entirely Russian financed project. The price of 47 for oil is still not a loss, and OPEC promises to reduce supply with a target well above the $65 that the Russian projections are based. Demand is growing in all but the US.
My home here gains 30%-40% a year in value but my house in California lost $300,000 (20%)in 2 months. My mom's; 40%
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What does it matter who it is sold to? The problem is the global prices are little more than $40 right now instead of $140, it's a global market and prices are going down. That's why you see Russia canceling big construction projects like the Russia tower and why the stock market in Russia especially has tanked so much. I see no reason to assume why Russia should do any better than any Western country this cycle. Debt is reflected in currency exchanges and the dollar is doing ok.
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Con't. The outlook for Russia is actually quite good, it sells very little oil to the US,but many strategic materials ARE sold to the US which have no easy replacement. The fast growing customers for the oil have been Asia and India which are not highly indebted states so will do ok in the recession. The countries with massive foreign debt are likely to be hurt badly in this cycle, Russia is not one of those. The people handled '98 ok, a devaluation that would have caused the US not to survive.
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jpbalkenende: I am afraid you have been reading too much whitehouse propaganda. The general economic plan for projections and budgeting was set at $65/brl oil prices. The stock market did drop a lot but has little effect on average citizens who;s primary investment is their home, most of which have no mortgage. Major industries are growing very quickly in areas such as automobile, aircraft, chemicals, contruction etc. Ford's most profitable unit last year was their Russia division as were others
There is no such thing as compassionate conservatism. That is a contradiction in terms.
newmanfrigan 3 years ago 8
Kumload's an asshole
grrcrl 3 years ago 7