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  #11   Report Post  
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Posts: 1,524
Default Dont tap the SPR

On 3/9/11 3:05 PM, jps wrote:
On Wed, 09 Mar 2011 14:50:16 -0500,
wrote:

On 3/9/11 1:24 PM, Harryk wrote:
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%.


You idiot, the futures market is a world wide market. It doesn't matter
if US Citizens are buying futures or not, the price is determined by
investors all over the world.


Did he say that we should tax offshore investors?

Do we tax profits made in US stocks if the investors aren't Americans?

Who's the idiot?


If memory serves, the email " is the one once used
here by a right winger who posted here as "Reggie Smithers" and about 30
other handles. There's just no end to these right wing toads.
  #12   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Feb 2011
Posts: 285
Default Dont tap the SPR

In article ,
says...

On 3/9/11 1:24 PM, Harryk wrote:
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%.


You idiot, the futures market is a world wide market. It doesn't matter
if US Citizens are buying futures or not, the price is determined by
investors all over the world.


Harry's not very bright.
  #13   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default Dont tap the SPR

On Wed, 09 Mar 2011 10:10:50 -0800, jps wrote:

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.


Who owns those supplies and why did they build their inventories?
You might be surprised to learn that the motives might have more to do
with availability than price. If so, that's commendable . No one
wants to be caught short or stuck in lines at the station. In any
case, building inventories is a self limiting process because there is
only so much capacity.

  #15   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Jun 2008
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Default Dont tap the SPR

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.




  #16   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
Default Dont tap the SPR

In article ,
says...

On Wed, 09 Mar 2011 14:50:16 -0500, spamfree
wrote:

On 3/9/11 1:24 PM, Harryk wrote:
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%.


You idiot, the futures market is a world wide market. It doesn't matter
if US Citizens are buying futures or not, the price is determined by
investors all over the world.


Did he say that we should tax offshore investors?

Do we tax profits made in US stocks if the investors aren't Americans?

Who's the idiot?


Why should we tax US citizens in a punitive manner for engaging in a
world wide market? This is the problem. The individual risked their
money and they should reap the benefits of that risk.

I assume that you would be all for paying 90% of what is left from your
operating costs in taxes. And, no I am not talking about just your
profits.
  #17   Report Post  
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Posts: 9
Default Dont tap the SPR

Harryk wrote:
On 3/9/11 3:05 PM, jps wrote:
On Wed, 09 Mar 2011 14:50:16 -0500,
wrote:

On 3/9/11 1:24 PM, Harryk wrote:
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%.

You idiot, the futures market is a world wide market. It doesn't
matter
if US Citizens are buying futures or not, the price is determined by
investors all over the world.


Did he say that we should tax offshore investors?

Do we tax profits made in US stocks if the investors aren't Americans?

Who's the idiot?


If memory serves, the email " is the one once used
here by a right winger who posted here as "Reggie Smithers" and about
30 other handles. There's just no end to these right wing toads.

Whatever, Sherlock, it doesn't mean the poster was wrong. Try a
different diversion tactic next time.
  #18   Report Post  
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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 7,720
Default Dont tap the SPR

On Wed, 09 Mar 2011 15:27:24 -0500, spamfree
wrote:

On 3/9/11 3:05 PM, jps wrote:
On Wed, 09 Mar 2011 14:50:16 -0500,
wrote:

On 3/9/11 1:24 PM, Harryk wrote:
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%.

You idiot, the futures market is a world wide market. It doesn't matter
if US Citizens are buying futures or not, the price is determined by
investors all over the world.


Did he say that we should tax offshore investors?

Do we tax profits made in US stocks if the investors aren't Americans?

Who's the idiot?


It doesn't matter if we tax US investors at 100% on their short term oil
speculations, it will NOT have an impact on the world wide futures price
of oil.

Now try to figure out why this is correct. Here is a hint, the US
doesn't control all investors or investment markets in the world.


Wrong. If there's a significant disincentive to trade in speculative
markets brought on by a stiff tax, how much of that speculative
market's assets are going to be removed from trading?

You think a market moves up and down regardless of how many investors
take an interest in the commodity?

Think again.
  #19   Report Post  
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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 7,720
Default Dont tap the SPR

On Wed, 09 Mar 2011 17:14:18 -0500, Wayne.B
wrote:

On Wed, 09 Mar 2011 10:10:50 -0800, jps wrote:

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.


Who owns those supplies and why did they build their inventories?
You might be surprised to learn that the motives might have more to do
with availability than price. If so, that's commendable . No one
wants to be caught short or stuck in lines at the station. In any
case, building inventories is a self limiting process because there is
only so much capacity.


You mean there's only so much storage capacity. Wasn't Morgan Stanley
manipulating some commodity a couple of years ago by purchasing and
storing it's own supplies?

How's that fit your model? Pure freaking speculation.
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