Donald Trump: OIL PRICES TO DROP!

United States
September 30, 2008 11:11am CST
Yes, it is true. The "DONALD" has predicted an upside to the failure of the bailout bill. Oil prices to drop! Read about it here. http://www.foxnews.com/story/0,2933,430583,00.html I say the "DONALD" is right. It is time to quit playing the oil producers game of allowing them to bleed us dry. The USA and the west have the talent and brains to invent, produce, and manufacture. We can overcome anything. What can the typical middle east oil producer do? Sell oil? Anything else? Not much! Let's forget the bailout and get back to basics, which we are darn good at with our backs to the wall. What do you say?
2 people like this
4 responses
@James72 (26790)
• Australia
1 Oct 08
Any country that is so dependent on a commodity that is NOT locally controlled is in danger over time so getting back to basics and seeking self production startegies (oil based or otherwise) as you have suggested is a very smart idea indeed. What I would like to know though is if the "Donald" used his own efforts to come to this conclusion or did he use everybody else's cash, resources and talent and then whack his name on it like he usually does?
2 people like this
• United States
1 Oct 08
I actually think that if the DONALD had not had who he did for a father, he would likely be a middle manager somewhere. So, I pretty much agree with you that this opinion he is brandishing about could have been produced by research assistants. Gee... I wish I was rich enough to rent some brains!
2 people like this
• United States
2 Oct 08
Hmmm... come to think of it, one wonders if John McCain could have gotten into Annapolis on his own, but that is another story.
@James72 (26790)
• Australia
1 Oct 08
Gee RYBD..... The "Father analogy" sounds familiar? I just can't quite place where else I have seen a similar example. Hmmmm. It's SOMEONE seen as important on the world stage today..... Damn my memory, hopefully it will come to me at a later date.....
2 people like this
• United States
1 Oct 08
I saw this article a few days ago even before the bailout failed and as quoted from the article Donald Trump said "But, again, the lifeblood of the world, of the economy, is going to be oil, and that is going to drop faster than it has ever dropped ever in history before. And, honestly, the people that invested their money in stocks and bonds, which are, you know, a lot of the oil-producing states, those people are going to use — lose more money than has ever been lost before." That does not sound at all good!! So I am not expecting to see any silver lining in the near future. I am pretty sure "The Donald" is not going end up in foreclosure of his home or penniless.
2 people like this
• United States
1 Oct 08
I still remember some years back when the DONALD went bankrupt. He does not let that fact humble him one bit. Of course, I also remember some judge allowing him something like $300,000 per month for personal living expenses and recreation as part of the agreement. So, even in bankruptacy, the DONALD was not penniless.
1 person likes this
@Destiny007 (5805)
• United States
1 Oct 08
I agree. We need to drill here, and we need to drill now. The democrats will scream, but it is the democrats who created this mess.
1 person likes this
• United States
1 Oct 08
It is really getting to the point that when any democrat says anything, thinking people should think to themselves, "Why are they really saying this?", "What do they really mean?", or "What's the hidden 'catch' to this?".
@clrumfelt (5490)
• United States
1 Oct 08
I think the cloud has a silver lining after all. The drop in oil prices may be the one thing that gives our economy a fighting chance to get back on its feet after the smoke from the economic downturn clears. It will be amusing to see OPEC squirm a little when they can't have so much control over the economy of the USA by controlling oil prices.
• United States
1 Oct 08
Don't forget too, that OPEC has almost nothing but oil. They have not invested successfully in manufacturing, industry, or practically anything else. Most OPEC countries don't even drill their own oil, pump their own oil, or transport their own oil. They hire it all done. Except for owning oil, they are worthless for almost anything. So, anything that reduces oil revenue really kicks OPEC in the nuts. Kick them again while we adapt to the new and changing world by shaping it and building it ourselves.
1 person likes this