analyst predict that oil could very well reach $200 per barrel

[Douglas Carpenter]

over the next six months. http://www.bloomberg.com/apps/news?pid=20601087&sid=armYFIWZS8V0&refer=home

To be fair, it would be a stretch to blame this entirely on John McCain and the Republicans. There are many, many factors effecting the massive rise in oil price. Although it would not be a stretch to assign some of the responsibility to the policies of the Bush Administration.

But regardless whose fault this is, the consequences will reverberate throughout the entire world economy and the incumbent President of the United States and his Party will be held responsible in the eyes of many, many Americans.

There is no doubt that many, many Americans will associate John McCain with the problem.

This has the potential to create for John McCain and the Republicans a political disaster this coming November.

And all of this aside, Rasmussen which has many times be criticized for having a Republican bias reports trending very favorable to the Democrats and very unfavorable to the Republicans. - link:

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

"Rasmussen Markets data gives Democrats a 62.4% chance of winning in November (results are updated on a 24/7 basis by market participants)."

"Underlying this dismal outlook for the GOP is the fact that more and more people are considering themselves to be Democrats. In fact, the Democrats now have the largest partisan advantage over the Republicans since Rasmussen Reports began tracking this data on a monthly basis nearly six years ago. " see also this Rasmussen report on Party identity trending: http://rasmussenreports.com/public_content/politics/mood_of_america/party_affiliation/partisan_trends

_______________

And on top of everything else, along with a very low interest level as reflecting in very low primary participation, the Republicans are having a lot of trouble raising money for the Presidential campaigns:

http://www.opensecrets.org/pres08/index.php

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ALL OF THIS POINTS TO A GENUINE POSSIBILITY (BY NO MEANS A CERTAINTY) OF A LEARNING OF A DEMOCRATIC LANDLIDE SOME BRIGHT NOVEMBER MORNING IN THE VERY NEAR FUTURE!!!

.

[Faygo Kid]

1. And yet some people say Bush/Cheney have been failures. . .

They may end up seeing oil go to $200 a barrel on their watch.

They could only have dreamed of such success even just a few years ago.

[cliffordu]

2. Wasn't it 20 bucks a barrel when the idiot took office??

[MikeDJohn]

3. This prediction, if it comes true......

Will make the issues in the Presidential campaign change RADICALLY FAST!


If a barrel of oil costs roughly 120+$ NOW, and we are paying $3.60_+ a gallon now, my math, (I know, some folks hate math, but I still know how to do simple equations)..... 200/120 is as 3.60 is to $6.00!!!!!!!!!!!!!!!!!!!

Life, as we know it, will CHANGE! All prices will shoot through the roof. Food, heating, transportation, EVERYTHING will be

ALMOST TWICE THE PRICE IT IS NOW!

Lower values for homes far away from cities, higher prices for everything else. Interest rates will drop in half for investors, almost double for borrowers. Recession will look like good times.

Obama over McSame..........an easy choice for any working or retired person.