Obama has Already Closed the Deal

By Byron A. Ellis, April 23, 2008

The spin from Hillary’s pundits is that Obama cannot close the deal, but Hillary the “entitled” Democratic nominee is not even close to closing the deal. Statistically, she cannot overtake Obama’s lead in pledged delegates. Therefore, Obama has already closed the deal.

It is time for Obama to focus on the Republican nominee and ignore Hillary and her pundits. Obama must inform the electorate on the present consequences of the decision to invade, and to remain in, Iraq, such as death and destruction, as well as, rising crude oil and food prices.

Furthermore, he should succinctly explain to the public how the general war induced price rise (inflation) is affecting the living standards of Americans and the rest of the world. Additionally, he should explain how an Obama presidency would mitigate the rise in energy and food prices.

He should also explain to the electorate that wherever there is violence, or potential for violence, prices of goods and services tend to increase. And, that oil (commodity) traders understand this trend.

As a result, they purchase commodities in the futures at higher prices, knowing that the price trend is upward and that they will be able to resell the commodity at higher prices. Traders understand that as long as there is instability they can always make a profit by bidding up commodity prices.

Clearly, it is instability in the Middle East and not crude oil scarcity that causes prices to rise.