Ron Paul on $100 Oil and the Root Cause - NH Debate 1-5-2008

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http://www.youtube.com/watch?v=NIwlKyz6LvU

Ron Paul explains the increasing price of oil as being due to the depreciation of the dollar by the Federal Reserve, and a warmongering policy in the Middle East. He notes that oil was $27 a barrel when Bush went to war to protect "our" oil. He mentioned a WSJ chart that shows that oil is up 350% in terms of dollars, 200% in terms of the Euro, and flat in terms of gold

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http://anonym.to/?http://digg.com/politics/Ron_Paul_explains_increasing_price_of_oil_100_2

edit:
WSJ article:
http://online.wsj.com/article/SB119941453085566759.html?mod=googlenews_wsj
 
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Peter Schiff was probably crying tears of joy when he said that.
 
http://www.youtube.com/watch?v=NIwlKyz6LvU

Ron Paul explains the increasing price of oil as being due to the depreciation of the dollar by the Federal Reserve, and a warmongering policy in the Middle East. He notes that oil was $27 a barrel when Bush went to war to protect "our" oil. He mentioned a WSJ chart that shows that oil is up 350% in terms of dollars, 200% in terms of the Euro, and flat in terms of gold

Digg:
http://anonym.to/?http://digg.com/politics/Ron_Paul_explains_increasing_price_of_oil_100_2

This was an absolute softball question. It is like they put it on a tee for him and asked him to knock it out of the park. I can't believe they were so stupid to ask something like this .....
 
I had commodities brokers hounding me when it hit $35. I wish I had the money at the time to invest:mad:
 
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WSJ article:
http://online.wsj.com/article/SB119941453085566759.html?mod=googlenews_wsj

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