Originally posted by ScareCrow57
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Chicken sh*t Nancy Pelosi!!!!!
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They told me if I voted for Hillary Clinton the president would be emotional, impulsive, and unpredictable. They were right. I voted for Hillary Clinton and got a president that is emotional, impulsive, and unpredictable.
I'm not saying you're stupid. I'm saying you have bad luck when it comes to thinking.
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Originally posted by scfire86 View PostBecause in order for the people doing the work to be able to buy things they need to be paid a wage that will allow them to do just that.
If very few people are making a lot of money, and many people are making very little money, the ability to purchase goods and services is diminshed. It's how an economy works.The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened. --Norman Mattoon Thomas, 6 time presidential candidate for the Socialist Party of America
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Originally posted by txgp17 View PostThey told me if I voted for Hillary Clinton the president would be emotional, impulsive, and unpredictable. They were right. I voted for Hillary Clinton and got a president that is emotional, impulsive, and unpredictable.
I'm not saying you're stupid. I'm saying you have bad luck when it comes to thinking.
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Originally posted by scfire86 View PostBecause in order for the people doing the work to be able to buy things they need to be paid a wage that will allow them to do just that.
If very few people are making a lot of money, and many people are making very little money, the ability to purchase goods and services is diminshed. It's how an economy works.
If people can't afford goods, they don't buy them and the market adjusts.
It's how an economy works.I am now a past chief and the views, opinions, and comments are mine and mine alone. I do not speak for any department or in any official capacity. Although, they would be smart to listen to me.
"The last thing I want to do is hurt you. But it's still on the list."
"When tempted to fight fire with fire, remember that the Fire Department usually uses water."
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Originally posted by ChiefKN View PostAgain.... so what?
If people can't afford goods, they don't buy them and the market adjusts.
It's how an economy works.
I receive a tax break. Which I agree is an indirect subsidy. But I have to earn the money in order to qualify. In the case of the oil companies, they are given direct subsidies irrespective of their earnings.
Which is a socialist concept. I've been called that and worse on these boards in a derogatory manner. But I guess it's okay if it benefits a group that you approve.They told me if I voted for Hillary Clinton the president would be emotional, impulsive, and unpredictable. They were right. I voted for Hillary Clinton and got a president that is emotional, impulsive, and unpredictable.
I'm not saying you're stupid. I'm saying you have bad luck when it comes to thinking.
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Originally posted by scfire86 View PostYou believe that pricing isn't affected by the subsidies you believe the oil companies should receive?
I receive a tax break. Which I agree is an indirect subsidy. But I have to earn the money in order to qualify. In the case of the oil companies, they are given direct subsidies irrespective of their earnings.
Which is a socialist concept. I've been called that and worse on these boards in a derogatory manner. But I guess it's okay if it benefits a group that you approve.
Calling subsidies to oil companies a socialist concept is stretching the definition and meaning of the concept pretty far. But so be it, call it what you will. Makes no difference to me.I am now a past chief and the views, opinions, and comments are mine and mine alone. I do not speak for any department or in any official capacity. Although, they would be smart to listen to me.
"The last thing I want to do is hurt you. But it's still on the list."
"When tempted to fight fire with fire, remember that the Fire Department usually uses water."
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Originally posted by scfire86 View PostThen how does an economy work o wise one?Originally posted by scfire86 View PostYou or George have yet to prove it had any impact. There is not one commodities broker who deals in oil futures claiming it to be related.
The benefit of owning an oil future is only realized when it's sold at a higher price. If the price falls, the owner of a future loses money (or opportunity cost, if they actually intended to use the oil for something). No different than owning a stock that will never pay a dividend. They only way one profits from owning that stock is to sell it at a higher price. It is in their best interests to bid up the price, even if you don't intend to buy anymore of it.
And since I had already posted a report showing that 71% of the oil futures market was held by speculators, it proves that the vast majority of that market lives and dies based on tomorrow's price. If tomorrow's rises, then the speculator eats steak, if it falls he has bologna.
An investment report by Bernstein Global Wealth Management explains it in detail. On Page 15, ...our research indicates that investors’ large-scale buying of oil futures may be artificially propping up the price of crude in the spot market.
And they go on (page 16) to explain what happens if expectations fall: But what would happen if investors’ fascination with crude oil futures were to wane, perhaps as a by-product of that forbidding negative roll return? Passive investment in commodity futures index funds might start to dry up, pressing crude oil prices downward.
That’s the way traders work. They discount the future. Psychology and expectations can turn on a dime. President Bush's announcement to lift the ban changed their attitudes and the results were seen with the price falling by 6.3% on the very day of his announcement. Steven Milloy gets it.
Plus George & I have timing on our side. The price fell within hours of Bush's announcement. Our Economy didn't slow down overnight. The American people didn't collaborate to suddenly start driving less on July 13th, or any day before that. What other event can you put an exact date on that coincides with the July 14th price drop?
And your "10-years to production" song & dance is busted. Some reports show that we could have oil from California in less than a year. Because there the oil is in shallow water, and drilling platforms have been there since before the moratorium was instituted.Originally posted by ChiefKN View PostIf people can't afford goods, they don't buy them and the market adjusts.
It's how an economy works.Originally posted by scfire86 View PostYou believe that pricing isn't affected by the subsidies you believe the oil companies should receive?
I receive a tax break. Which I agree is an indirect subsidy. But I have to earn the money in order to qualify. In the case of the oil companies, they are given direct subsidies irrespective of their earnings.
Which is a socialist concept. I've been called that and worse on these boards in a derogatory manner. But I guess it's okay if it benefits a group that you approve.Last edited by txgp17; 08-30-2008, 03:40 PM.The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened. --Norman Mattoon Thomas, 6 time presidential candidate for the Socialist Party of America
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Actually THNozzleman, crude or unrefined oil is not actually toxic or poisonous. Its sure as heck not good for the environment but it is a natural product, (keep in perspective, we're basically burning 100 million year old dinosaur sh*t) It does affect the environment by smothering both flaura and fauna. It biodegrades quite quickly and if you would like, fly to Valdez and see Prince William sound. You would never know there had been a spill. That being said, I still support 100% alternate energy sources, but with an injection of realism. Wind, solar, hydro, just won't ever do it.
Originally posted by ThNozzleman View PostRiiiiight...just drill here, there and everywhere, and watch those prices at the pump fall. Why, we should just drill a hole every ten feet all over every wildlife refuge in the world. Screw the animals and the environment. Exxon still hasn't paid for the 1989 Valdez incident that is still poisoning the land and ocean...and that's not even close to the size of numerous other spills. I'll bet those compassionate oil companies will have the price of gasoline back down to 65 cents a gallon in no time! Hell, let's just pay for it ourselves...to hell with the "free market" you guys rant about all the time. Let's just give them billions of our taxpayer dollars so they can continue to get filthy rich raping the earth for a buck. No need for regulation...these guys always have the best interests of the little guy at heart! I mean, Exxon Mobile only raked in a mere 15 billion this quarter. Surely we can help out these struggling companies a little, right? I mean, why invest one thin dime in alternative energy sources; the oil will last forever!
If you think the price-fixing son of a bitches that run the oil companies are going to lower their prices after we pay through the nose for them to drill all those holes you want, you're crazier than I thought you were.
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Just as a totally bit of irrelevant information, I believe that term horsehockey originted on the Canadian Prairies as kids would use frozen horse turds as hockey pucks on the frozen sloughs to use play hockey. Them prairies did produce a few fairly decent lads on the rink. I would gues the original "old man of hockey" the great Gordie howe has slapshotted a few horese turds in his time
Originally posted by jsin925 View Postthanks for watching, and your opinion. i still don't trust it. by the way, i was really digging the word horsehockey. that's a new one for me.
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Originally posted by GeorgeWendtCFI View PostNo its not. Its just plain old lying.They told me if I voted for Hillary Clinton the president would be emotional, impulsive, and unpredictable. They were right. I voted for Hillary Clinton and got a president that is emotional, impulsive, and unpredictable.
I'm not saying you're stupid. I'm saying you have bad luck when it comes to thinking.
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Originally posted by GeorgeWendtCFI View PostI'll say it again. It's lying.They told me if I voted for Hillary Clinton the president would be emotional, impulsive, and unpredictable. They were right. I voted for Hillary Clinton and got a president that is emotional, impulsive, and unpredictable.
I'm not saying you're stupid. I'm saying you have bad luck when it comes to thinking.
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Unless I'm mistaken, I believe the quotation comes from Karl Marx. We all know how well that little governance experiment worked.
Originally posted by jsin925 View Postit's also the same economy that put pinochet in power, and the reason why south america is moving away from it. what's good for the goose isn't always good for the gander. brazil and venezeula have paid off their national debt. can america say the same?
have you ever bought fair trade coffee, or chocolate? no socialism involved, all capitalism.
if i apply for jobs in my field where i live, there are obviously jobs in my field where i live. my point is that the economy sucks right now. it's more about who you know and not what you know (in the private sector). i have a friend who has an mba and he can't find a full time job. he works three part-time jobs, one delivering subs. regardless of what my major was, the answer you all would give would be to move. if it were that easy, don't you think i would have done that. i have a son who is type 1 diabetic so my wife and i can't go anytime without health insurance. you all want to be judgemental, and offer up tough love solutions.
listen, i've applied to other jobs outside of the field i've studied in, like the fire dept. being a firefighter was always one of my dreams as a kid, and i had a lot of dreams that i have tried to attain. i don't have a defeatist attitude and i believe i can make it here, where i live.
well, i do have the education i claim (with great references too), and i am having trouble finding a job (in the private sector) in the field i studied regardless of what you believe. i teach in my field and i am totally aware of the pitfalls and setbacks that come with it. i just can't believe how judgemental you all are. a guy is having trouble finding a job and it's my fault. i'm not against moving, if i have a job lined up. otherwise moving would be stupid.
not at all. it could be from hilter or milton friedman. that's why i said it sounds good, because i have no idea of its origin. please enlighten me. do you know the origin of judge not lest ye be judged?
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