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Gas getting higher.
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Gas getting higher.
On 27/02/2011 2:02 PM, Tim wrote:
$3.38 in my local but from $3.05 a week ago. I wonder if this summer if the "talk" will produce between 4 and 5 per gallon. Sux for a river cruise, but We're still planning on going anyhow. I know this is hard to comprehend, but oil didn't go up. The USD lost value. It lost value against oil, coal, gold, silver, copper, wheat, barley, coffee, sugar, cocoa, bananas you name it, the USD is worth less this week than last week. A barrel of oil is still a barrel of oil, a ounce of gold is still an ounce of gold and 20 lbs of flour is still 20 lbs of flour. They have not changed at all. But the value of the USD has depreciated (inflation). Why? Simple, the US Fed now creates more debt-inflationary dollars than Americans consume in sheets of toilet paper. Worse yet, US Fed is buying US Federal bond debt as no one else in the world, including American investors, will buy US government debt. Hey, you would have to be a FOOL to buy a T-Bill at below inflation then pays taxes. And you expect a strong dollar? -- Socialism is a great ideal as long as someone else pays for it. And when no one is left to pay for it, they all can share nothing. |
Gas getting higher.
In article , payer3389
@mypacks.net says... On 3/1/11 1:11 PM, wrote: On Tue, 01 Mar 2011 08:35:17 -0500, Wayne.B wrote: On Tue, 01 Mar 2011 08:12:59 -0500, wrote: On 3/1/2011 2:09 AM, Wayne.B wrote: On Mon, 28 Feb 2011 20:39:06 -0800, wrote: Great... except for the part that the Wall Street price manipulators play... I guess you don't remember Enron... I remember it well. I also remember that Wall Street is located in Manhattan. I worked there for many years and know the location well, not to mention a few things about the industry. Enron, on the other hand was headquartered in Houston, Texas - part of the energy industry, the fraudulent part. You're wasting your time spoonfeeding her Wayne. Case in point Anchoring. Probably so but there are other people who also believe their lives are controlled by some giant conspiracy. It's good to get the facts out there once in a while. With regard to anchoring, first you need a boat... The problem with you is that you're sanctimonious. You have no interest in actually having a discussion. When someone disagrees with you, you tell them stop posting off topic. When you agree with someone, you have no problem playing nice, as evidenced with this last post. You know the saying..."big boat, small dick..." Says something about you Mr alleged 40 foot twin diesels! |
Gas getting higher.
In article ,
says... On 3/1/11 8:22 AM, Wayne.B wrote: On Mon, 28 Feb 2011 23:26:39 -0800, wrote: On Tue, 01 Mar 2011 02:09:55 -0500, Wayne.B wrote: On Mon, 28 Feb 2011 20:39:06 -0800, wrote: Great... except for the part that the Wall Street price manipulators play... I guess you don't remember Enron... I remember it well. I also remember that Wall Street is located in Manhattan. I worked there for many years and know the location well, not to mention a few things about the industry. Enron, on the other hand was headquartered in Houston, Texas - part of the energy industry, the fraudulent part. You're claiming that there was no connection between Enron manipulation and Wall Street? http://www.forbes.com/2001/11/29/1129topnews.html Enron borrowed from large money center banks before their fraud was suspected and exposed. No crime there, just questionable risk analysis on the part of the lenders who were mostly relying on audited financial statements. Large corporations don't order toilet paper without consulting with their investment bankers, brokers and others in the financial services industry. You haven't got a clue about how a company really works. I can get a multi-year, multi-million dollar project approved and with my spend plan in place it is just like writing checks. And, the BOD doe not need to approve such a piddly amount of money. They usually don't get involved until the spend is in the tens of millions of dollars. Surely you are not trying to let the so-called "Wall Street financial community" off the hook for its major role in bringing down our economy. It is all of the mutual plans that the various state and union pension plans that are invested in wall street that demand immediate gratification so that they can continue to improve the pensions and payout the current pensions who are at fault. Un realistic expectations. Wait...you probably are. Ahh, audited financial statements...as if the big CPA firms weren't part of the game. Just like CBO reviewed items. |
Gas getting higher.
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Gas getting higher.
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Gas getting higher.
On Tue, 1 Mar 2011 20:30:17 -0800 (PST), Tim wrote:
On Mar 1, 10:24*pm, wrote: On Tue, 1 Mar 2011 16:47:37 -0800 (PST), Tim wrote: On Mar 1, 12:13 pm, Harryk wrote: On 3/1/11 1:11 PM, wrote: You know the saying..."big boat, small dick..." i do have a 6' row boat. Wow, I'm in luck! ?;^ ) You and your dick must have to take turns riding in the boat. Well, I've never tired to paddle with it. If you had twin diesels, you'd never be able to find it! |
Gas getting higher.
On Wed, 2 Mar 2011 06:50:58 -0500, BAR wrote:
In article , payer3389 says... On 3/1/11 1:11 PM, wrote: On Tue, 01 Mar 2011 08:35:17 -0500, Wayne.B wrote: On Tue, 01 Mar 2011 08:12:59 -0500, wrote: On 3/1/2011 2:09 AM, Wayne.B wrote: On Mon, 28 Feb 2011 20:39:06 -0800, wrote: Great... except for the part that the Wall Street price manipulators play... I guess you don't remember Enron... I remember it well. I also remember that Wall Street is located in Manhattan. I worked there for many years and know the location well, not to mention a few things about the industry. Enron, on the other hand was headquartered in Houston, Texas - part of the energy industry, the fraudulent part. You're wasting your time spoonfeeding her Wayne. Case in point Anchoring. Probably so but there are other people who also believe their lives are controlled by some giant conspiracy. It's good to get the facts out there once in a while. With regard to anchoring, first you need a boat... The problem with you is that you're sanctimonious. You have no interest in actually having a discussion. When someone disagrees with you, you tell them stop posting off topic. When you agree with someone, you have no problem playing nice, as evidenced with this last post. You know the saying..."big boat, small dick..." Says something about you Mr alleged 40 foot twin diesels! ~~SNERK~~ |
Gas getting higher.
On Mar 1, 11:50*pm, Canuck57 wrote:
Worse yet, US Fed is buying US Federal bond debt as no one else in the world, including American investors, will buy US government debt. *Hey, you would have to be a FOOL to buy a T-Bill at below inflation then pays taxes. And you expect a strong dollar? T-bills,? I dont' have any T-bills. |
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