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My personal musings about anything that gets on my radar screen--heavily dominated by politics.

2005-04-21

Keeping An Untrained Eye On the Markets

The stock market has just been decimated lately. From a high of about 10,800 in early March, the Dow Jones today dipped below 10,000 before settling in just above 10,000 at the close.

Now, I know next to nothing about the market, but just about every day you hear the explanation that the price of oil is in control of the market.

Once again, it's time to end our dependence on foreign oil. Not only does our investment in middle easter oil creat and sustain fundamentalist regimes that we'd rather not have to do business with, but it has a huge detrimental effect on our own economy.
Posted by: Michael / 4/21/2005 12:02:00 AM

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