Tuesday, October 21, 2008

Payback Time! 3 Oil Countries Face Hard Times from Oil Price Drop

I'm lovin' it.

Venezuela, Russia, and Iran have been able to spout off at the mouth to the US because they had petro-dollars ut the wazoo.

Hugo Chavez has been stealing the freedoms of his countrymen while shaking his stick at the US.

Putin in Russia was able to invade Georgia and send a destroyer to Venezuela.

And Ahmadinejad in Iran has continued to be a body part that I won't mention here.

But their plans counted on oil at high prices. Now oil is in the mid-$70's and these countries are hurting. (They were hurting before, but with lots of bucks, they paved things over.)

The British International Herald Tribune says that these countries may be in the soup now.

Unfortunately, our new president will probably send them aid to pay their terrorist bills until the price of oil rises.

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