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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
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Default A TRUE economic stimulus

On Tue, 20 Jan 2009 15:18:44 -0800 (PST),
wrote:

On Jan 20, 6:11*pm, jps wrote:
On Tue, 20 Jan 2009 17:57:33 -0500, "JoeSpareBedroom"





wrote:
"Frogwatch" wrote in message
...
Do the calculation yourself and you will find that the drop of gas
from $4.00 to now $1.85/gal will save the USA about $500 billion over
a year. *This is real money, not some government sleight of hand
accounting or taking money from our great grandchildren. *The real way
to stimulate the economy is obvious, DRILL NOW. *Of course, the Dems
have no real interest in helping average Joe American, they just want
to concentrate power in their hands. *The appointment of Clueless
Caroline is obvious evidence that their interests lie with the moneyed
elite class and they will ignore the good of the rest of us. They will
not approve new offshore drilling.


When would the production from new drilling have a significant impact on the
price? I honestly don't know the answer, but I'm sure you have the number
handy.


And, prove that speculators wouldn't jack up the price of that new oil so it
was just as expensive as oil was a year ago.


Anyone with a brain knows that no matter when or where the crude would
be harvested, it'd make a several penny difference on pricing.


Anyone with any brains knows your analysis is generally based more on
ideology than any known or provable facts... Pffffttt


Uh no, it's not. Go talk to an economist about why oil went to
$150/barrel while demand was going down and supply was going up.

You may also want to look up the definition of ideology.