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FDIC tells Congress to prepare for 2nd Financial Tsunami, commerical loan defaults:

FDIC sees another wave of U.S. credit stress coming
05.16.08, 10:19 AM ET

United States - WASHINGTON (Reut ...

Australia preparing for shortages:

Brian Williams and Graham Redfearn
May 17, 2008 12:00am

FUEL rationing may be one in a series of shocks facing drivers and commuters in Queensland.

Looming ...

Israel says it and the U.S. see need for "tangible" action on Iran, meaning, something in addition to diplomacy.

Israel: US sees need for "tangible action" on Iran
Fri May 16, 2008 4:10pm IST
...

JD,

I also started a thread on this. I'm interested in why Iran would hold oil in tankers. Is it just to drive up the price of oil? The best arguments I've heard against that theory are: (1) it ...

I thought there was a lot of death, starvation and disease in the world, or is that all propaganda coming out of Africa for example? Is that a big business conspiracy b.s. to justify sending money an ...

JD,

What do you believe oil should be trading out based on supply and demand?

Interesting, the link above says Bush authorized a massive covert operation against Iran which authorized assasination of Iranian officials. I just read a news article which said Iranian diplomats we ...

Lumpy,

Its my understanding that you and your husband own the land and therefore are paying the mortgage? Is this right? If so, I would not enter any type of written agreement with your kids for ...

One of the big impediments to a US attack was the supposed "devastating effect" an attack would have on the world economy by increasing oil prices. Thus, Iran has supposedly always had a trump card, ...

That video did not say all six carriers were going to one location. In fact, if I remember it right, it said locations throughout the world.

Is Iran using the oil weapon? Oil prices rose to their highest level ever yesterday after it was reported Iran may cut their production and further reports that Iran is doubling its oil held in tanke ...

Iran using the oil weapon? Oil prices rose to their highest level ever yesterday after it was reported Iran may cut their production and further reports that Iran is holding some oil, not shipping it ...

OF wrote:

I don't see how most of the things you mentioned will affect American agriculture. Indeed, the US agricultural sector is booming right now.

OF, if you think the farmer is living a new ...

Sword and Oil4u,

Are the articles true or false in the facts reported? Analyze the article which started this thread and show me which facts are not true - re-educate me and enlighten me please.

OF,

Its not just the weather that affects agricultural production, bc as with oil and gas, politics plays a big role. Look at most of Africa which is very fertile, but bc of poverty, war, and lack ...