In article , payer3389
@mypacks.net says...
On 3/9/11 1:10 PM, jps wrote:
On Wed, 09 Mar 2011 13:07:20 -0500, wrote:
On Wed, 09 Mar 2011 08:45:09 -0800, wrote:
On Wed, 9 Mar 2011 07:26:09 -0800 (PST), Frogwatch
wrote:
I say do not tap into the Strategic Petroleum Reserve now. It is
intended fro a real emergency, not for the political convenience of
pols who are unwilling to allow domestic drilling. If you want
cheaper oil, then allow drilling. DRILL Offshore HERE, DRILL NOW .
Evidently, you haven't kept up with the news. They've determined that
our drilling everywhere in America will result in doing absolutely
nothing to affect oil or gas prices.
Read, learn, stop wasting our time with bull****.
I agree this is speculation, not a real oil shortage. The price could
go down as fast as it went up. All it takes is some symbolic gesture
that scares the speculators, like the Saudis dumping some extra oil on
the market or a quick resolution in Libya. (like someone shooting
Qdaffy)
Supplies have been going up since the start of the year, and so is the
price. That's nothing to do with supply/demand but speculation.
Has Morgan Stanley been investing in commodities again? These ****ing
manipulators should be sent to Guantanamo for some R&R.
Tax these sorts of short-term speculative gains on oil at 90%.
Then all short term speculative gains should be taxed at the same rate.
Your gains from the time you were at Ullico should have been taxed at
this rate. You remember, the gains you had which enabled you to purchase
your Zimmerman like Lobasta' boat.
If you will notice I didn't say you made the gains off of Ullico, I said
you made the gains while you were at Ullico.