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#121
posted to rec.boats
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Why gas is $5.00/gal
On 25/04/2011 7:11 AM, BAR wrote:
In articleHs6dnccI4r3x1yjQnZ2dnUVZ_rqdnZ2d@earthlink .com, payer3389 @mypacks.net says... Corporations are not, like any individual, entitled to commit treason with impunity.... no matter how important profit is, to some self centered investors... How unAmerican of you, Gene! :) Don't you believe in corporations über alles? I believe we need to "restructure" certain aspects of our society, and part of that restructuring should be how we handle leases to explore and drill for oil and natural gas. There's nothing sacred about for-profit corporations. That model isn't working anymore for us. It's milking the middle class dry and accelerating the transfer of wealth to the very rich. There are any number of oil-producing countries in which ownership of that asset is retained by the state, and the revenues used to finance the government. The problem here is that Americans have been brainwashed into thinking the price-fixing, for-profit private sector that dominates the energy business is the only way to do that sort of business. This collectivization thing was tried before and it failed miserable. Also, government control of all industry has failed miserable too. Actually, every government before the governments we have today failed from one or more of corruption, idealistic corrupt socialism, power greed when government got to big and dysfunction...all resulting in their disappearing. Roman Empire comes to mind but tons of others too. -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
#122
posted to rec.boats
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Why gas is $5.00/gal
On 25/04/2011 7:44 AM, Harryk wrote:
BAR wrote: In articleTtudndrW4ch87ijQnZ2dnUVZ_tGdnZ2d@earthlink .com, payer3389 @mypacks.net says... BAR wrote: In articleHs6dnccI4r3x1yjQnZ2dnUVZ_rqdnZ2d@earthlink .com, payer3389 @mypacks.net says... Corporations are not, like any individual, entitled to commit treason with impunity.... no matter how important profit is, to some self centered investors... How unAmerican of you, Gene! :) Don't you believe in corporations über alles? I believe we need to "restructure" certain aspects of our society, and part of that restructuring should be how we handle leases to explore and drill for oil and natural gas. There's nothing sacred about for-profit corporations. That model isn't working anymore for us. It's milking the middle class dry and accelerating the transfer of wealth to the very rich. There are any number of oil-producing countries in which ownership of that asset is retained by the state, and the revenues used to finance the government. The problem here is that Americans have been brainwashed into thinking the price-fixing, for-profit private sector that dominates the energy business is the only way to do that sort of business. This collectivization thing was tried before and it failed miserable. Also, government control of all industry has failed miserable too. Again, lack of education and deficits in your knowledge base of "current events" have done you in. As I stated, "There are any number of oil-producing countries in which ownership of that asset is retained by the state, and the revenues used to finance the government." Yeah right. Where is the line Harry, where is the line of good corporations and bad corporations? When does a corporation go from being a bad corporation to being a good lackey of the government? I'm not talking about the failed Communist states here, Bertie. But you think I am. Shouldn't the government be running all farming? Shouldn't the government be running al agriculture? What about fishing? Should we be paying mother nature in whatever currency she wants to take her bounty? Reductio ad absurdum. Although I do believe we need to be much more careful about the environment so that we continue to have a "nature" that produces bounty for us. You mean the flebagger empire where nothing gets done? Everyone shares having nothing? -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
#123
posted to rec.boats
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Why gas is $5.00/gal
On 25/04/2011 4:43 AM, John H wrote:
On Sun, 24 Apr 2011 20:39:41 -0400, wrote: On Sun, 24 Apr 2011 18:25:30 -0400, Wayne B wrote: On Sun, 24 Apr 2011 12:41:35 -0400, Gene wrote: Holding a big inventory of oil in your tank farm is not without risk and it takes massive investments in time and money to build the infrastructure. Not surprisingly, the people who make those investments expect to earn a profit once in a while. "A profit once in a while.....?" http://www.nytimes.com/2011/02/01/business/01oil.html http://www.grist.org/article/2010-04...ution-while-am http://money.cnn.com/2010/07/29/news...xxon/index.htm http://money.cnn.com/magazines/fortu...anies/profits/ The oil companies and speculators are almost single-handedly preventing an economic recovery.... and they are being paid handsomely to do so..... and you are DEFENDING that? Incredible..... It's a very cyclical business and no one feels sorry for Exxon when they have stagnant growth, or even worse, when they fail to discover enough new oil to replace what they sold. Unfortunately that is what is happening. It is probably reasonable to assume that as their exploration and acquisition costs go up, and as their reserves go down, they will want a higher price for the product. In the interest of full disclosure, I own stock in both Exxon and Chevron-Texaco. Their annual reports make interesting reading and the future for energy prices is not good. Somehow, you are missing the reality that when Exxon loses money, the stockholders are ****ed..... when Exxon continues to make record profits in an otherwise miserable economy, they are sticking it to all of the users of gasoline.... one way or the other, the entire American population.... and to the entire American economy.... Gene, do you not think the drop in value of the dollar has had any affect on oil prices? Is it a coincidence that oil and gold are both hitting new highs? Has Obama had any affect on the value of the dollar? Remember...without corporations, there would be no unions. Then where would all the liberal whining come from? Oh wait, I suppose even a socialist government *could* allow unions. Obama has more influence than anyone else I know on the value of the dollar. But through his ignorance, and perhaps surrounding himself with clowns like Bernake and US Treasury idiots and corruption, well, maybe Obama just be stupid. In any casee, the more money you print the less money is worth. Money is just like a stock in a company, it is in fact stock in an economy. So if like a big company does a 2:1 share split to double the shares, the individual share decreases to about 1/2 of the previous value. Currency is no diffferent, you flood the market with more no-value newly created fiat money in a ponzi scheme, once it hits the market the money stock drops. Obama could coheres congress and say this is ponzi banking your up to, fix it. Problem is it is also why interest rates are so low. As if government had to borrow real money and not the ponzi fraud money, then it would have to pay enough yield to attract $1.6 trillion over spend. Interest rates would be high, 10% or more. So to keep the fraud low interest rates, government counterfeits its own currency. Primary cause of oil, gold, silver, copper, flour, other foods, gas going up...and the value of wages going down. Simple really, only fleabaggers think it would operate any differently. And Obama supports it. Right from day one, Obama was happy with the record debt spend and record counterfeiting going one. They have pooched the system and like Zimbabwe, I expect hyper-inflation due to currency devaluation for the next10 to 20 years. -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
#124
posted to rec.boats
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Why gas is $5.00/gal
On 4/25/2011 11:50 AM, Harryk wrote:
Further, many of the state-owned companies are marvels of efficiency. Where? |
#125
posted to rec.boats
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Why gas is $5.00/gal
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#126
posted to rec.boats
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Why gas is $5.00/gal
On Mon, 25 Apr 2011 06:43:55 -0400, John H
wrote: Remember...without corporations, there would be no unions. Then where would all the liberal whining come from? That's easy. They'd have to look in the mirror and blame the first person they saw. After all it must be someone's fault that oil is running out and the primary producing region is politically unstable. Wait until they start rioting in Saudia Arabia. That's probably coming at some point. But for now, let's blame Harry unless it's really you John. You two guys live closer to Washington than anyone else I know. |
#127
posted to rec.boats
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Why gas is $5.00/gal
On 25/04/2011 9:50 AM, Harryk wrote:
Canuck57 wrote: On 24/04/2011 8:29 PM, Lil Abner wrote: On 4/23/2011 7:32 PM, wf3h wrote: On Fri, 22 Apr 2011 19:33:15 -0400, Lil wrote: Obama's oufit and Ayers has an agenda to socialize America regardless of or in spite of the cost to Middle America. They are in bed with Wall Street on many issues. face it. how can obama be BOTH a socialist AND a wall street pawn?? you right wingers are SSOOO stupid in addition it's the RIGHT that deregulated us into a plutocracy owned by wall street How can China be Marxist and Capitalist. There are many apparent contradictions. Webster doesn't fit all the scenarios. The essence is herd the people for the socialist cause. Manage The People for the benefit of the upper regions of wealth Supply Side economics/govt. Corporatism. We seem to be receiving from both camps. Nothing like poor, discontented, crowded, but well monitored flexible labor pool for both camps. is this utopia or what? It would be better to coin China an Authoritarian-capitalist society. Not sure there is much Marxism there at all, in fact there is more in the US as the US owns an auto manufacturer. And once again you demonstrate how little you know of the real world. Further, many of the state-owned companies are marvels of efficiency. That said, the PRC is a communist country and there are continuing instances of near slave labor factories and other facilities... As for Marxism, well, a lot passes for Marxism, but isn't and never was, in China and in other places. Ya, but you vote for USSR -- United States Socialist Republic. The first one failed, the second one isn't going to last long either. -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
#128
posted to rec.boats
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Why gas is $5.00/gal
On 25/04/2011 11:29 AM, Despot wrote:
On 4/25/2011 11:50 AM, Harryk wrote: Further, many of the state-owned companies are marvels of efficiency. Where? Well run to harryk is a sink hole for money, like GM, GMAC, Fannie Mae, Freddie Mac and others. -- I can assure you that the road to prosperity is not paved with fleabagger debt. |
#129
posted to rec.boats
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Why gas is $5.00/gal
Canuck57 wrote:
On 25/04/2011 9:50 AM, Harryk wrote: Canuck57 wrote: On 24/04/2011 8:29 PM, Lil Abner wrote: On 4/23/2011 7:32 PM, wf3h wrote: On Fri, 22 Apr 2011 19:33:15 -0400, Lil wrote: Obama's oufit and Ayers has an agenda to socialize America regardless of or in spite of the cost to Middle America. They are in bed with Wall Street on many issues. face it. how can obama be BOTH a socialist AND a wall street pawn?? you right wingers are SSOOO stupid in addition it's the RIGHT that deregulated us into a plutocracy owned by wall street How can China be Marxist and Capitalist. There are many apparent contradictions. Webster doesn't fit all the scenarios. The essence is herd the people for the socialist cause. Manage The People for the benefit of the upper regions of wealth Supply Side economics/govt. Corporatism. We seem to be receiving from both camps. Nothing like poor, discontented, crowded, but well monitored flexible labor pool for both camps. is this utopia or what? It would be better to coin China an Authoritarian-capitalist society. Not sure there is much Marxism there at all, in fact there is more in the US as the US owns an auto manufacturer. And once again you demonstrate how little you know of the real world. Further, many of the state-owned companies are marvels of efficiency. That said, the PRC is a communist country and there are continuing instances of near slave labor factories and other facilities... As for Marxism, well, a lot passes for Marxism, but isn't and never was, in China and in other places. Ya, but you vote for USSR -- United States Socialist Republic. The first one failed, the second one isn't going to last long either. I don't have any serious issues with modern European socialism, as practiced in Scandinavia. I have friends there who are educated, middle class types. They have jobs, good health care bennies, their kids go to college for "almost free," and they have a decent retirement. |
#130
posted to rec.boats
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Why gas is $5.00/gal
On Mon, 25 Apr 2011 14:00:31 -0400, Wayne B wrote:
On Mon, 25 Apr 2011 06:43:55 -0400, John H wrote: Remember...without corporations, there would be no unions. Then where would all the liberal whining come from? That's easy. They'd have to look in the mirror and blame the first person they saw. After all it must be someone's fault that oil is running out and the primary producing region is politically unstable. Wait until they start rioting in Saudia Arabia. That's probably coming at some point. But for now, let's blame Harry unless it's really you John. You two guys live closer to Washington than anyone else I know. I keep calling 'Bama and asking him to make the government bigger. I'm thinking he could take over the Lawn Maintenance and Landscaping services nationwide. Once he unionized them, he'd have more ardent followers. I'm not sure I follow the rationale that says we attack Kaddafi because he's attacking his people. What would our government and military do if a bunch of us started shooting soldiers? Would we get shot, or would 'Bama say we shouldn't be hurt? |
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