Igorsky

The Georgian Crisis: Impact on ETFs?

TRUE, (your name is a misnomer) I saw the blownup bridge both in print and in the news taken by newpeople on the ground. The Russians want to control the oil flowing to the West so they can manipulate the price. They have enjoyed seeing their coffers balloon with $140/bbl oil and want more. Besides, they enjoy seeing the West squirm helplessly as they twist balls. Power and control is the name of their game. They want their old Russian glory back just like the good old days.

This is why we need to drill for oil and do it fast. This is also why we should follow T Boone Pickets' lead and free up CNG for our vehicles. This is why we need to build more nukes to provide reliable electrical power. This is why we need to revive nuclear research on fast breeder reactors which can provide us with electric power forever.