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On Sat, 25 Jun 2005 09:50:19 -0400, "NOYB" wrote:
"P. Fritz" wrote in message ... "Tim" wrote in message ups.com... Jun 24, 7:57 am show options Newsgroups: rec.boats From: - Find messages by this author Date: 24 Jun 2005 04:57:44 -0700 Local: Fri,Jun 24 2005 7:57 am Subject: Oil reaches record $60 a barrel Reply | Reply to Author | Forward | Print | Individual Message | Show original | Report Abuse *JimH* wrote: wrote in message oups.com... That's: Bad for Bush Bad for the US Bad for boating. :-( I agree. And what exactly did Bush have to do with this? Here you go Jim: Don't Blame OPEC; Higher Gas Prices Are Almost Entirely Bush's Fault Dave Lindorff, ILCA Associate Member What is making oil so expensive is not energy policy or even SUV's, dangerous as those are for the environment. It's Bush's massive deficits and his willful destruction of the US dollar that has gas selling at $2.30 a gallon and rising. There's been a lot of hand-wringing going on among economists and politicians, and a lot of fuming at the gas pump by consumers over the soaring price of oil over the last two years. Increasingly, concern is being expressed by treasury officials and economists about the negative impact soaring oil prices and related gas prices could have on the overall economy. Politicians--especially Republicans--are also fretting, since the thousands of extra dollars consumers are now spending on electricity, home heating and gasoline have, for all but the wealthiest taxpayers, more than cancelled out any minimal benefits they saw from the president's tax cuts. What's wrong with this picture? The focus of all this anger and angst is oil prices. As a result, everyone is looking at culprits in the wrong place, blaming wasteful energy use, OPEC production quotas, monopolistic oil companies and/or conniving oil traders. In fact the real culprit behind these higher oil prices is the Bush Administration, which, thanks to its massive deficits and tax give-aways to the rich and corporations, to its war spending, and to its failure to combat unprecedented and ever-larger trade deficits, has been causing the dollar to plunge in value. Oil is a commodity and it is priced in dollars. If dollars decline in value, then the price of oil will rise in inverse proportion. Man, this gets old. did you ever consider supply and demand? or would that get in your way. Like T. Boone Pickens (oil tycoon) said: : When you need 36 mil. Barrel of crude to run a country, and can only get 34 Mil barrel, what does that do to pricing? I know, I know. That doesn't fit any kind of political logic. because it is one of a few circumstances of reasoning. I know, know...it's so much easier (and to some its much more fun) to bash Bush........ that little meanie.....LOL And if it is the declining value of the dollar.....why have gas prices risen when the dollar has gained in the last view weeks.........damn facts always get in the way of the liebrals. Sheesh. I haven't been following this thread, but is someone stupid enough to suggest that a weak dollar is responsible for high oil prices...rather than increased demand (from countries like China), and instability in the oil producing countries? Harry found a cut'n'paste in which he firmly believes (else he wouldn't post it, right?). Forget demand, forget supply, it's all due to the Bush budget deficit. Hee, hee! -- John H "All decisions are the result of binary thinking." |
On Sat, 25 Jun 2005 10:04:32 -0400, HarryKrause wrote:
NOYB wrote: "P. Fritz" wrote in message ... "Tim" wrote in message groups.com... Jun 24, 7:57 am show options Newsgroups: rec.boats From: - Find messages by this author Date: 24 Jun 2005 04:57:44 -0700 Local: Fri,Jun 24 2005 7:57 am Subject: Oil reaches record $60 a barrel Reply | Reply to Author | Forward | Print | Individual Message | Show original | Report Abuse *JimH* wrote: wrote in message oups.com... That's: Bad for Bush Bad for the US Bad for boating. :-( I agree. And what exactly did Bush have to do with this? Here you go Jim: Don't Blame OPEC; Higher Gas Prices Are Almost Entirely Bush's Fault Dave Lindorff, ILCA Associate Member What is making oil so expensive is not energy policy or even SUV's, dangerous as those are for the environment. It's Bush's massive deficits and his willful destruction of the US dollar that has gas selling at $2.30 a gallon and rising. There's been a lot of hand-wringing going on among economists and politicians, and a lot of fuming at the gas pump by consumers over the soaring price of oil over the last two years. Increasingly, concern is being expressed by treasury officials and economists about the negative impact soaring oil prices and related gas prices could have on the overall economy. Politicians--especially Republicans--are also fretting, since the thousands of extra dollars consumers are now spending on electricity, home heating and gasoline have, for all but the wealthiest taxpayers, more than cancelled out any minimal benefits they saw from the president's tax cuts. What's wrong with this picture? The focus of all this anger and angst is oil prices. As a result, everyone is looking at culprits in the wrong place, blaming wasteful energy use, OPEC production quotas, monopolistic oil companies and/or conniving oil traders. In fact the real culprit behind these higher oil prices is the Bush Administration, which, thanks to its massive deficits and tax give-aways to the rich and corporations, to its war spending, and to its failure to combat unprecedented and ever-larger trade deficits, has been causing the dollar to plunge in value. Oil is a commodity and it is priced in dollars. If dollars decline in value, then the price of oil will rise in inverse proportion. Man, this gets old. did you ever consider supply and demand? or would that get in your way. Like T. Boone Pickens (oil tycoon) said: : When you need 36 mil. Barrel of crude to run a country, and can only get 34 Mil barrel, what does that do to pricing? I know, I know. That doesn't fit any kind of political logic. because it is one of a few circumstances of reasoning. I know, know...it's so much easier (and to some its much more fun) to bash Bush........ that little meanie.....LOL And if it is the declining value of the dollar.....why have gas prices risen when the dollar has gained in the last view weeks.........damn facts always get in the way of the liebrals. Sheesh. I haven't been following this thread, but is someone stupid enough to suggest that a weak dollar is responsible for high oil prices...rather than increased demand (from countries like China), and instability in the oil producing countries? In the Middle East and in South America, a lot of that "unrest" can be traced directly to President Idiot, er, Bush. His budget, right? -- John H "All decisions are the result of binary thinking." |
On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter"
wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? That would depend on the demand and the supply. If the demand greatly increased, but the supply remained decreased or remained constant, then most likely the goods would be more expensive. -- John H "All decisions are the result of binary thinking." |
"John H" wrote in message ... On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter" wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? That would depend on the demand and the supply. If the demand greatly increased, but the supply remained decreased or remained constant, then most likely the goods would be more expensive. And it still doesn't have anything to do with the "evil' bush tax cuts. Black markets tend to develop when guvmints interfer with supply and demand..... I still believe that liebrals cannot grasp the simple supply/demand economics because of their static thinking. -- John H "All decisions are the result of binary thinking." |
"P. Fritz" wrote in message
... And if it is the declining value of the dollar.....why have gas prices risen when the dollar has gained in the last view weeks.........damn facts always get in the way of the liebrals. This was already explained in an earlier message. When you create an unstable environment relative to ANY investment, the price increases. Respond to this idea, or stop asking. |
"HarryKrause" wrote in message ... Doug Kanter wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? There is not one example in the history of rec.boats that would demonstrate that Fritz is sentient. Before I dumped him into the bin, I noted that 99.9% of his posts consisted of him calling Basskisser names. I doubt the percentages have changed since. Harry, do me a favor. Stop helping me. |
"John H" wrote in message ... On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter" wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? That would depend on the demand and the supply. If the demand greatly increased, but the supply remained decreased or remained constant, then most likely the goods would be more expensive. -- John H Let's assume that it's something people normally want ALL the time, John. Coffee, shoes, whatever. Don't hand me junior high school economic theories. |
"P. Fritz" wrote in message ... "John H" wrote in message ... On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter" wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? That would depend on the demand and the supply. If the demand greatly increased, but the supply remained decreased or remained constant, then most likely the goods would be more expensive. And it still doesn't have anything to do with the "evil' bush tax cuts. Black markets tend to develop when guvmints interfer with supply and demand..... I still believe that liebrals cannot grasp the simple supply/demand economics because of their static thinking. -- John H "All decisions are the result of binary thinking." "It is all Bush's fault. Bush is evil. Cheney is evil. Bush's cabinet members are evil. The conservative Supreme Court Justices are evil. Republican members of congress are evil." That sort of sums up their position on anything. ;-) |
"*JimH*" wrote in message ... "P. Fritz" wrote in message ... "John H" wrote in message ... On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter" wrote: "P. Fritz" wrote in message ... Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO If this country became a war zone like Iraq, and a black market developed for certain goods, do you think those things would be MORE expensive, or LESS expensive than before the war? That would depend on the demand and the supply. If the demand greatly increased, but the supply remained decreased or remained constant, then most likely the goods would be more expensive. And it still doesn't have anything to do with the "evil' bush tax cuts. Black markets tend to develop when guvmints interfer with supply and demand..... I still believe that liebrals cannot grasp the simple supply/demand economics because of their static thinking. -- John H "All decisions are the result of binary thinking." "It is all Bush's fault. Bush is evil. Cheney is evil. Bush's cabinet members are evil. The conservative Supreme Court Justices are evil. Republican members of congress are evil." That sort of sums up their position on anything. ;-) Yeah,,,,,well I will be doing my share of increasing demand.......will be heading down your way for the Fourth......leaving Thursday for PIB..........about 130-140 gallons for the RT....... |
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