DailyMarkets.com - The Oil-Autocracy Link And Drill, Drill, Drill

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The Oil-Autocracy Link And Drill, Drill, Drill Posted: 28 May 2011 07:49 AM PDT The chart above is from a Bloomberg article and shows that “Most of the world’s oil is produced in states that are undemocratic. The U.S., Canada and Norway are the exceptions.” The article refers to this 2009 research paper “Oil and Democracy Revisited” by UCLA professor Michael Ross whose findings include: a) “Oil wealth strongly inhibits democratic transitions in authoritarian states, and b) Oil's anti-democratic effects seem to vary over time and across regions: they have grown … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

What’s Stopping Job Creation At Medium-Sized Firms? It’s Washington’s “Climate Of Uncertainty” Posted: 28 May 2011 06:38 AM PDT I highly recommend this very insightful Bloomberg article “Economic Stagnation Explained, at 30,000 Feet” by Yale law professor Stephen Carter, based on his conversation while flying and sitting next to a successful business owner, about how regulatory and tax uncertainty is preventing job creation at small and medium firms. Because he faces a “climate of uncertainty” created in Washington, the successful business owner refuses to hire new employees despite rising demand and sales for his … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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