Where Is All The Oil Money Going?
Posted by Big Gav in dubai, oil
Mish Shedlock has a great set of photos showing the growth of Dubai over the last 20 years. No wonder Halliburton shifted residence to the Gulf...
Dubai 1990
Dubai 2007
The Burj Dubai
The Trump International Tower
Lots more at the link.
The next time you drive into a gas station, thank Bush for the war that helped make all this possible. Thank Bush for all those sorties and combat ships that use all that fuel. Thank Bush for the fact that there is less oil coming out of Iraq today than there was seven years ago. Thank Bush for the policies of fear, intimidation, and strike first ask questions later that keeps the Mideast in a constant state of stress and adds to the price of oil.
The fake fiscal conservatives who supported Bush and this stupid war, the fake fiscal conservatives who supported Bush's insane military spending, and the fake Republican conservatives that supported numerous other Bush insanities in clear violation of the constitution brought this all about.
And as amazing as it seems, the public has finally figured out that Bush's policies in the Mideast are a significant part of the reason why the dollar is collapsing and oil prices are soaring.
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