I know we are all very preoccupied with Bolt's 9.69 sec 100m, and how many chicken sandwiches Phelps eats for breakfast and other trivia that makes a whole lot of difference in our lives. So, i am almost feeling guilty about posting this link for you to read and well..think.
How do you you right old wrongs? There havent been many, fortunately. But the few gnaw, bit by bit, inch by inch, at your peace of mind. They linger and fester. Mock at you. They shant be silenced till you have the courage to go back and right the wrong. Even if the other person(s) has moved on and can scarce remember what you are talking about. I am feeling reckless today. One of my biggest and oldest wrongs was when I refused to walk to the medical shop to fetch my sister pain killers when she was in agony. This was when I was in 6th grade. They say children can be cruel. But I was no child. It cannot be explained away. I still am frightened about my capacity then to be cruel. I have never apologized to my sister. But I have, ever since, tried to never let my sister down. But an apology is long overdue. I am sorry.
Comments
for one, if prices were artificially inflated, shouldn't that show up in decreasing consumption? i.e oil inventories should be higher because people start buying less oil.. that doesn't seem to be happening.
also the common view among a lot of people in the 'know' (by this i mean the extremely erudite cabdrivers in singapore who advise me on everything from property investments to whether or not to support Chiru's new party)is that oil price rise is mostly due to the loss in dollar value. Simply, it just costs a lot more dollars now to buy oil.
things go bad, everyone blames wall st. things are good, everyone blames wall st. bah!
Thus, I now have to believe the other theory that says significant part of the increase can be attributed to the downturn in US economy (led by mortgage crisis) which led fed to take steps that lowered the dollar value.
I guess the democratic primary contenders contributed significantly to this theory with their objective of sounding pro-poor, they never seemed to have talked on how much (according to their theory) would the oil prices come down if those speculators can be reined in. Also, the oil producers goal is to maximize the profit from the oil, it happens at optimal price, a price higher than this would lower demand significant enough resulting in lower overall profit.