Presto
T has been telling me for some time that it might be a good idea to vent on my blog (subtext, I'm sure, is and not to me, despite her endless patience), and between news I've read yesterday and today, I've decided I may as well. What the hell, you aren't reading this anyway, right?
So here's the roundup of news that made me want to tear my hair out over the last few days:
Bush calls himself, America, "worlds biggest polluter" ...at the G8 summit in Japan.
Saddam tried to sell oil for Euros... just one year before the US arrived to kick his country back to last century. Coincidence? Especially given the fact that I'd never heard this little detail put in perspective, I highly doubt it.
(to fully understand this, one must understand that oil is priced in US Dollars on the world market. That means up til recently you could only buy oil from OPEC with a Dollar. Effectively, the dollar isn't worth it's weight in gold anymore, it's worth it's weight in oil. Or rather, the other way 'round. Which is why, obviously, as the dollar falls, the Euro starts to look pretty attractive)
Euro looks especially attractive to Iran... who stopped accepting the US dollar for oil in 2007. This story is literally invisible on the major US news networks (all I could find were similar headlines from 1975).
Hmm. Suddenly makes a Democrat in office even more appealing, doesn't it?
So here's the roundup of news that made me want to tear my hair out over the last few days:
Bush calls himself, America, "worlds biggest polluter" ...at the G8 summit in Japan.
Saddam tried to sell oil for Euros... just one year before the US arrived to kick his country back to last century. Coincidence? Especially given the fact that I'd never heard this little detail put in perspective, I highly doubt it.
(to fully understand this, one must understand that oil is priced in US Dollars on the world market. That means up til recently you could only buy oil from OPEC with a Dollar. Effectively, the dollar isn't worth it's weight in gold anymore, it's worth it's weight in oil. Or rather, the other way 'round. Which is why, obviously, as the dollar falls, the Euro starts to look pretty attractive)
Euro looks especially attractive to Iran... who stopped accepting the US dollar for oil in 2007. This story is literally invisible on the major US news networks (all I could find were similar headlines from 1975).
Hmm. Suddenly makes a Democrat in office even more appealing, doesn't it?
Labels: wtf news links
posted by -m at
9:30 AM
1 Comments:
Hey, I'm reading this, and I appreciate your venting on these particular subjects because sometimes it can feel like I'm the only one who notices just how much the corporate "news" fails to inform Americans about the facts. So I say Hooray! There is so much that is worthy of hair-tearing...
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