Today, oil futures hit the landmark $100 a barrel. Perhaps not coincidentally, Starbucks stock basically hit an all-time low. Who knows what else may happen in light of Thursday's Iowa caucuses. In addition to all of the existing divisions in American society, maybe now we'll see another one: those who are too scared sh*tless to go out and spend money and those who aren't. Politically speaking, some who want a Democrat in the White House next year might willingly greet the prospect of a rough economic year. Remembering that high oil prices effectively serve as a tax one everything, It's almost certain to be just that.



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