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Bad vision

Ron Suskind has a nice archive of Bush White House documents that he’s releasing now and again. Interesting stuff. One recent piece of interest was this projection of oil price rises following an invasion of Iraq. Suskind notes the optimism inherent in the assumption that oil prices will be the only thing affected. Me, I notice the optimism that $45 a barrel is the worst case scenario. We’ve beaten that by $7 a barrel, for reasons that the memo doesn’t even speculate on. Namely, terrorist action to prevent the flow of oil.

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