Revolution, Betrayal, Liquidation, and Silence
Most of economists said that they could not judge if the steep hike of oil prices in the summer of 2008 was due to China or Wall Street.
Can't they still judge it today?
Anyway, many voters in the 2008 Presidential Election must have felt betrayed by those economists when they watched the crude oil prices collapsing down along with the NYSE indexes while holding ballots in their hands...
SECTION I: OIL PRICES - Index of Economic Change
The two basic and main materials of the today's industry-based civilization are iron and oil.
So, let's observe the trend of crude oil prices taking several minutes。
(Click to enlarge.)http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=RWTC&f=D
Incidentally, if you cannot describe histories of steel and coal/oil/gas, you cannot be an economist. You are just a learner of economics formulae forever, simply enjoying a rich life in civilization you guess wrong or fail in understanding.
What an economist to tackle is how he can justify his salary while not contributing to GDP by increasing sales and production of valued goods and products.
SECTION I: OIL PRICES - Index of Regime Change
During and after the Gulf War period around 1991, oil prices were hiked by 100%, from a $20 per barrel level to a $40 per barrel level. However the prices plummeted down by 50% to a $20 per barrel level.
Then, Mr. Bill Clinton was elected as U.S. President in 1992; Mr. Morihiro Hosokawa elected as Japan's Prime Minister in 1993. They were so much welcomed by the media as a new type of leaders.
During and after the subprime-loan mortgage boom around 2008, oil prices were hiked by 100%, from a $70 per barrel level to a $140 per barrel level. However the prices soon plummeted down by 70% to a $40 per barrel level, though it climbed up again to a $80 per barrel level in 2009.
Then, Mr. Barack Obama was elected as U.S. President in 2008; Mr. Yukio Hatoyama was elected as Japan's Prime Minister in 2009. They were so much welcomed by the media as a new type of leaders.
SECTION III: Caught in a Dilemma
Somebody said on a TV screen that Mr. Karl Rove looked like a Japanese soldier who had continued his mission alone in the jungle of an island in the South Pacific for decades after WWII (believing that the war was still going on since no surrender was possible for the Empire of Japan).
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In 2005, Rove and then-Senator Barack Obama first met in the White House. Rove asked Obama about a passage in The Audacity of Hope, Obama's memoir, where Rove and others had been described as saying, "We are a Christian nation." Three years later, Rove found himself sharing a table with Obama's friend and adviser Valerie Jarrett at the White House Correspondents' Dinner. "At the dinner,” Rove writes, "Jon [Meacham, the editor of Newsweek] sat between me and Valerie Jarrett… During the dinner, Jarrett emailed Obama on her BlackBerry to let him know she was breaking bread with Satan himself. He emailed her back and Jarrett made the mistake of showing Jon and me his reply, which was ‘Rove hates me.' I knew Senator Obama was alluding to our run-over the passage in his book. I asked Jarrett to tell him I wasn’t in the habit of hating people."
http://www.thedailybeast.com/blogs-and-stories/2010-03-08/the-10-biggest-scoops-from-karl-roves-memoir/2/
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It seems that Mr. Karl Rove cannot retire from politics as long as President Mr. Barack Obama stays in the White House.
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Voters are almost evenly divided about whether they'd re-elect President Obama over a Republican if the 2012 election were held today, according to a Gallup poll conducted Feb. 1-3.
Forty-four percent of registered voters would back Obama, 42 percent who choose the Republican candidate, 3 percent prefer some other choice and 11 percent are undecided. Independents would back the Republican over Obama by 46 percent to 31 percent, with the rest preferring someone else or having no opinion. The margin of error is 4 points.
http://www.politicsdaily.com/2010/02/11/voters-divided-on-re-electing-obama-in-2012/
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However, it is poor European Americans who should decide the case in 2012, too.
Especially, it might be such poor European-American voters as chose Mr. Obama though they do not like the Democratic Party.
When a person or persons are caught in a grave dilemma, sometimes he or they try to lose a game so as to hide his or their mind, since he or they might get great help from others after the contrived loss.
However, it can look like betrayal to some.
The 2010 midterm election and the 2012 Presidential Election in the U.S. are going to be very complicated.
In Japan, the coming summer Upper House election can be, even if Prime Monister Mr. Yukio Hatoyama is determined to hold on the premiership.
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What dilemma was Judas Iscariot in?
Was he intimidated in a manner that he or his family might have been harmed by the Romans and Judaist authorities unless he had betrayed Jesus Christ?
Then, did Jesus Christ accept the betrayal by Judas Iscariot and the inevitable crucifixion just to save the life of Judas Iscariot and his families?
Was it a dilemma for Jesus Christ as a physical entity?
But, one thing sure is that Jesus Christ is the one who never betrays anybody.
Have you ever met such a man in the political circles of Washington D.C. or Tokyo?
Mar 3:14 And he ordained twelve, that they should be with him, and that he might send them forth to preach,
Mar 3:15 And to have power to heal sicknesses, and to cast out devils:
Mar 3:16 And Simon he surnamed Peter;
Mar 3:17 And James the son of Zebedee, and John the brother of James; and he surnamed them Boanerges, which is, The sons of thunder:
Mar 3:18 And Andrew, and Philip, and Bartholomew, and Matthew, and Thomas, and James the son of Alphaeus, and Thaddaeus, and Simon the Canaanite,
Mar 3:19 And Judas Iscariot, which also betrayed him: and they went into an house.