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Price controls on fuel?
"Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
Excuse me? president Idiot? You are the freeking idiot....the laws of
supply and demand dictate that if we force the price down, the supply will not be able to keep up with demand.... I'd rather pay $3/gallon and have gas than pay $2 per gallon and not be able to get it. There are two solutions... use less or make more. Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
"Ed" wrote in message ... Excuse me? president Idiot? You are the freeking idiot....the laws of supply and demand dictate that if we force the price down, the supply will not be able to keep up with demand.... I'd rather pay $3/gallon and have gas than pay $2 per gallon and not be able to get it. It just proves that harry, doug, and crew arre suffering from terminal BDS (Bush Derangement Syndrome) There are two solutions... use less or make more. Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
I don't know about you, but if the price was 25 cents a gallon, I wouldn't
buy more gas. Before it went up, I was already adverse to driving more than necessary. "Ed" wrote in message ... Excuse me? president Idiot? You are the freeking idiot....the laws of supply and demand dictate that if we force the price down, the supply will not be able to keep up with demand.... I'd rather pay $3/gallon and have gas than pay $2 per gallon and not be able to get it. There are two solutions... use less or make more. Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
Doug Kanter wrote:
: "Harry Krause" wrote in message : ... : : How long do you think it will be before President Idiot is forced to : impose price controls on gasoline and diesel? : I would welcome that, but not for financial reasons. I'm sure that shortly : after he suggested or implemented the idea, one of his oily friends would : invite him to visit an oil rig in the Gulf, ride in a real live : hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be : an oil rig guy. I suspect they'd arrange for him to "slip and fall in the : ocean", by accident, of course. Already being done: http://www.msnbc.msn.com/id/9071642/ Oil runs the gubment though and there's little hope for real relief. b. |
wrote in message roups.com... Doug Kanter wrote: : "Harry Krause" wrote in message : ... : : How long do you think it will be before President Idiot is forced to : impose price controls on gasoline and diesel? : I would welcome that, but not for financial reasons. I'm sure that shortly : after he suggested or implemented the idea, one of his oily friends would : invite him to visit an oil rig in the Gulf, ride in a real live : hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be : an oil rig guy. I suspect they'd arrange for him to "slip and fall in the : ocean", by accident, of course. Already being done: http://www.msnbc.msn.com/id/9071642/ Oil runs the gubment though and there's little hope for real relief. b. Just saw a news report about a Marathon station in Chicago that's charging 3.69 for regular. That's a 3, not a 2. No typo error. The owners slipped out the back when the TV crew tried to interview them. This is going to get ugly. |
"Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? never - because doing that would be the worst thing ever... and no one in his administration is that dumb |
Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. Should those that are calling for prosecution of Pat Robertson (for his stupid remarks about Hugo Chavez) be going after you now? After all, it sounds like you just threatened the president. |
"Doug Kanter" wrote in message ... wrote in message roups.com... Doug Kanter wrote: : "Harry Krause" wrote in message : ... : : How long do you think it will be before President Idiot is forced to : impose price controls on gasoline and diesel? : I would welcome that, but not for financial reasons. I'm sure that shortly : after he suggested or implemented the idea, one of his oily friends would : invite him to visit an oil rig in the Gulf, ride in a real live : hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be : an oil rig guy. I suspect they'd arrange for him to "slip and fall in the : ocean", by accident, of course. Already being done: http://www.msnbc.msn.com/id/9071642/ Oil runs the gubment though and there's little hope for real relief. b. Just saw a news report about a Marathon station in Chicago that's charging 3.69 for regular. That's a 3, not a 2. No typo error. The owners slipped out the back when the TV crew tried to interview them. This is going to get ugly. I live in Chicago, and have not seen anything around 3.69, but I don't doubt it... however, check this out http://www.gaspricewatch.com/new/ Highest gas is in Death Valley, CA at 3.88 a gallon... |
Not knowing of a President Idiot, I cannot answer the question.
However, price controls would have the opposite effect of that intended, they would make gasoline scarce by removing the incentive to produce more oil. In the early 80s, I was a drill stem tester on oil and gas rigs. That meant I actually went out and made the flow and pressure measurements that would determine if a oil or gas well would be completed or plugged and abandonded. The price controls on gas meant that most wells I tested had to be plugged because there was no way to make them economical. Today, most oil in the USA comes from "stripper" wells producing less than 10 barrels/day. Thousands of such stripper wells are pluggedand abandonded each year not because the oil ran out but because it cannot be economically produced. Price controls will force the abandoning of even more. Once abandonded, it is as expensive to re-open them as it is to drill new wells so the they would not be re-drilled because the operator would never recover his cost. Price controls are thus a really bad idea that will force us to use even more foreign oil. Even small increases in the price of oil can make it feasible to keep a stripper well running so I welcome increases in the price of oil by reasonable amounts. I estimate that a price of $3.50/gal would be enough (for gas) to re-plumb some older stripper wells to be economical. The greatest cost of such wells is that of the energy to keep them running. Most of them produce more water than oil and any method that reduces the ratio of water to oil pumped greatly increases the probability of keeping these wells running. |
Dan J.S. wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? never - because doing that would be the worst thing ever... and no one in his administration is that dumb Oh yes they are. But it doesn't mean that they any dumber than previous administrations. At some point, maybe $5 - $6 a gallon, they will do something that will do no real good. It's a catch 22 - Doing it early will cause all kinds of problems, and doing late won't solve any. |
"Curtis CCR" wrote in message oups.com... Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. Should those that are calling for prosecution of Pat Robertson (for his stupid remarks about Hugo Chavez) be going after you now? After all, it sounds like you just threatened the president. No, I'm simply explaining what his employers will do to their pawn if he gets out of hand. |
wrote in message
oups.com... Not knowing of a President Idiot, I cannot answer the question. However, price controls would have the opposite effect of that intended, they would make gasoline scarce by removing the incentive to produce more oil. Nice theory, but the recent price hikes are in no way connected with "incentives to produce more". You know that. |
Harry Krause wrote: Curtis CCR wrote: Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. Should those that are calling for prosecution of Pat Robertson (for his stupid remarks about Hugo Chavez) be going after you now? After all, it sounds like you just threatened the president. Reads to me as if it would be some of Bush's "oily friends," and that group would not include Doug, who was only guessing what some of those "oily friends" might do to their puppet if he interfered in any way with their ability to gouge the public. Sounds like Doug supports the idea. Robertson said that he thought the government should assassinate Chaves - didn't say the he, himself, would have anything to do with it. And I have seen a couple of articles by Bush-hating attorneys that are trying to twist "threat" laws and suggest that Roberston should be prosecuted. I figure if it's good enough to prosecute Roberston for vocalizing his assinine ideas, then it's good enough for Doug. :) And that is what those "oily friends" are doing: they are gouging the public. It appears that it doesn't matter to Doug who does it, or why. "[He] would welcome" someone killing the president. I am just applying the same standards to idiotic remarks from a Bush-hater that are being applied by some to idiotic remarks by a Bush-lover. |
Doug Kanter wrote: "Curtis CCR" wrote in message oups.com... Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. Should those that are calling for prosecution of Pat Robertson (for his stupid remarks about Hugo Chavez) be going after you now? After all, it sounds like you just threatened the president. No, I'm simply explaining what his employers will do to their pawn if he gets out of hand. You said you would welcome it. You have the right to remain silent. You should. :) |
"Curtis CCR" wrote in message oups.com... Dan J.S. wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? never - because doing that would be the worst thing ever... and no one in his administration is that dumb Oh yes they are. But it doesn't mean that they any dumber than previous administrations. At some point, maybe $5 - $6 a gallon, they will do something that will do no real good. It's a catch 22 - Doing it early will cause all kinds of problems, and doing late won't solve any. doing it late or early will not solve any problems, as the tankers will just sit there and refuse to off load crude at below market prices... this was done before and it failed... these high gas prices are not that bad for the U.S. , it's a wake up call and it will FORCE car manufacturers to look at other renewable energy sources... it will force people to take public transportation and finally unlock the traffic gridlocks... --- and best of all, it will make more people walk and ride bikes, thus decreasing our obesity... |
"Curtis CCR" wrote in message ups.com... Doug Kanter wrote: "Curtis CCR" wrote in message oups.com... Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. Should those that are calling for prosecution of Pat Robertson (for his stupid remarks about Hugo Chavez) be going after you now? After all, it sounds like you just threatened the president. No, I'm simply explaining what his employers will do to their pawn if he gets out of hand. You said you would welcome it. You have the right to remain silent. You should. :) Curtis, using the only method available to me, I suggested to him twice that he not take the job. He didn't listen. Now, he has to put up with employers who are much bigger than he is. Sort of like the mob (which doesn't really exist). He's their problem now. Really, if they want to do the country a favor, they'd need to invite Bush, Cheney, what's his name the speaker of the house, and one or two others for a one-way oil rig trip. Then, we'd end up with the postmaster general, if I recall the chain of replacement correctly. There might be some hope. |
"Curtis CCR" wrote in message
oups.com... Sounds like Doug supports the idea. Robertson said that he thought the government should assassinate Chaves - didn't say the he, himself, would have anything to do with it. And I have seen a couple of articles by Bush-hating attorneys that are trying to twist "threat" laws and suggest that Roberston should be prosecuted. Curtis, what do you suppose would happen if you agreed to do some VERY important work for the Gambino family, and then you decided not to do it? I'm simply predicting what any sane adult KNOWS will happen. |
"Harry Krause" wrote in message ... Doug Kanter wrote: wrote in message oups.com... Not knowing of a President Idiot, I cannot answer the question. However, price controls would have the opposite effect of that intended, they would make gasoline scarce by removing the incentive to produce more oil. Nice theory, but the recent price hikes are in no way connected with "incentives to produce more". You know that. Indeed. We're being gouged by OPEC and by the Big Oil companies, and they're laughing with each jingle of the gallon counter at the local pump. This is far worse terrorism than Osama and his pals could ever perpetrate, and we have a POTUS who has neither the brains nor the balls to see it for what it is and do something about it. But, then, why would we expect Bush to economically penalize his family and friends in the oil business, and jeopardize his relationships with the Saudis? Meanwhile, the simple-minded righties defend "the free market," but there is no "free market," not for oil. It is a manipulated market. Perhaps this is exactly what OBL was planning all along. Lure a moron into a war, knowing full well that it would cause the price of oil to go through the roof. |
OlBlueEyes wrote: Harry Krause wrote in : How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? What? And rob environmentalists of their wet dream of pricing SUV owners out of their gas-guzzling monster-mobiles through high gas prices? You should be CANONIZING Bush, you moron: he's giving you what you've wanted for fifty years! No kidding... Where are all those friggin idiots? Hell, they want us out of boats too! The one's that say we have been spoiled by underpriced gas and that we should be paying the same as europeans? |
"Harry Krause" wrote in message ... Doug Kanter wrote: "Harry Krause" wrote in message ... Doug Kanter wrote: wrote in message oups.com... Not knowing of a President Idiot, I cannot answer the question. However, price controls would have the opposite effect of that intended, they would make gasoline scarce by removing the incentive to produce more oil. Nice theory, but the recent price hikes are in no way connected with "incentives to produce more". You know that. Indeed. We're being gouged by OPEC and by the Big Oil companies, and they're laughing with each jingle of the gallon counter at the local pump. This is far worse terrorism than Osama and his pals could ever perpetrate, and we have a POTUS who has neither the brains nor the balls to see it for what it is and do something about it. But, then, why would we expect Bush to economically penalize his family and friends in the oil business, and jeopardize his relationships with the Saudis? Meanwhile, the simple-minded righties defend "the free market," but there is no "free market," not for oil. It is a manipulated market. Perhaps this is exactly what OBL was planning all along. Lure a moron into a war, knowing full well that it would cause the price of oil to go through the roof. I'm not really much of a conspiracy theory maven, but...one of Osama's stated goals was to bring down the US economy. Well, guess what...OPEC, which mainly consists of states who have an ax to grind with us, and Big Oil, which mostly consists of whore and thieves, many of which are multinational, are sucking this country's economy dry. But why should we interfere with "the free market," that doesn't really exist, at least not for oil. Can you imagine trying to explain to Bush that the prices we're paying for oil now are helping Osama and friends more than anything he has done to hurt the terrorists? D'oh. About a buck from every fillup goes directly to the Saud family, whose younger members have alliances that our own intelligence services have described as "dubious" (to be polite on TV). |
Doug Kanter wrote: "Curtis CCR" wrote in message oups.com... Sounds like Doug supports the idea. Robertson said that he thought the government should assassinate Chaves - didn't say the he, himself, would have anything to do with it. And I have seen a couple of articles by Bush-hating attorneys that are trying to twist "threat" laws and suggest that Roberston should be prosecuted. Curtis, what do you suppose would happen if you agreed to do some VERY important work for the Gambino family, and then you decided not to do it? I'm simply predicting what any sane adult KNOWS will happen. You did say you would welcome the circumstances. And one might call the scenerio you envision a fantasy. You think that oil executives would try to push the president off an oil rig... and then try to say that you are sane? Stop trying to defend yourself. I don't take you seriously on this. But I hardly take Roberston seriously either. |
"Shortwave Sportfishing" wrote in message
... Now, is it a speculative market? Of course, but that's what commodity markets do - place huge bets. Eventually everything evens out. When, Tom? As long as the speculators (the actual traders who process futures contracts) make commissions no matter who wins or loses, I don't ever think the situation will change. |
"Harry Krause" wrote in message ... Curtis CCR wrote: Doug Kanter wrote: "Curtis CCR" wrote in message oups.com... Sounds like Doug supports the idea. Robertson said that he thought the government should assassinate Chaves - didn't say the he, himself, would have anything to do with it. And I have seen a couple of articles by Bush-hating attorneys that are trying to twist "threat" laws and suggest that Roberston should be prosecuted. Curtis, what do you suppose would happen if you agreed to do some VERY important work for the Gambino family, and then you decided not to do it? I'm simply predicting what any sane adult KNOWS will happen. You did say you would welcome the circumstances. And one might call the scenerio you envision a fantasy. You think that oil executives would try to push the president off an oil rig... and then try to say that you are sane? Stop trying to defend yourself. I don't take you seriously on this. But I hardly take Roberston seriously either. Please...the next thing is that the idiot known as Jim Hertvik will call the FBI again... Great. They can listen in on my phonecalls as I try to find a roofer this week, set up an appointment for the kitten to get her shots, and try and finish selling one more truck of Joan of Arc beans. Anyone need $16,500.00 worth of kidney beans, 3 kinds available, any mix you want? Delivers end of September. 1615 cases, 24 15.5 oz cans per case. Makes a great gift for someone with a garage the size of a 40 ft trailer. |
Harry Krause wrote:
How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? Any bets as to how long it will take for you to post informative content instead of always asking asinine questions? -- I'm smarter, bigger, stronger, and a lot meaner than you are. You also won't be the first person that I didn't like who I had to kill. Legally. -- john wesley gilmer III http://www.lowcarbsite.com/forum/pro...wprofile&u=468 john wesley gilmer III is, of course, president of the Atlantic Beach Vintage Motorcycle Club http://www.ABVMC.com/ |
Doug Kanter wrote:
wrote in message roups.com... Doug Kanter wrote: : "Harry Krause" wrote in message : ... : : How long do you think it will be before President Idiot is forced to : impose price controls on gasoline and diesel? : I would welcome that, but not for financial reasons. I'm sure that shortly : after he suggested or implemented the idea, one of his oily friends would : invite him to visit an oil rig in the Gulf, ride in a real live : hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be : an oil rig guy. I suspect they'd arrange for him to "slip and fall in the : ocean", by accident, of course. Already being done: http://www.msnbc.msn.com/id/9071642/ Oil runs the gubment though and there's little hope for real relief. b. Just saw a news report about a Marathon station in Chicago that's charging 3.69 for regular. That's a 3, not a 2. No typo error. The owners slipped out the back when the TV crew tried to interview them. This is going to get ugly. Just paid $ 1.20 per liter of regular self serve as I topped up a rental truck. My second son suckered me into helping him move today. |
Doug,
You may find this hard to believe, but the price of fuel makes a major impact on consumption. "Doug Kanter" wrote in message ... I don't know about you, but if the price was 25 cents a gallon, I wouldn't buy more gas. Before it went up, I was already adverse to driving more than necessary. "Ed" wrote in message ... Excuse me? president Idiot? You are the freeking idiot....the laws of supply and demand dictate that if we force the price down, the supply will not be able to keep up with demand.... I'd rather pay $3/gallon and have gas than pay $2 per gallon and not be able to get it. There are two solutions... use less or make more. Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
Harry,
Since you have only put about 1 hr. on YoHo in the last 2 years, it probably won't have a major impact for you. I am curious, is there a medical reason you don't spend much time boating? Now, if you actually owned a Lobster Boat, you could buy some less expensive diesel fuel, but even if you did own the Lobster Boat, you still would not do much boating. "Harry Krause" wrote in message ... Dan J.S. wrote: "Doug Kanter" wrote in message ... wrote in message roups.com... Doug Kanter wrote: : "Harry Krause" wrote in message : ... : : How long do you think it will be before President Idiot is forced to : impose price controls on gasoline and diesel? : I would welcome that, but not for financial reasons. I'm sure that shortly : after he suggested or implemented the idea, one of his oily friends would : invite him to visit an oil rig in the Gulf, ride in a real live : hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be : an oil rig guy. I suspect they'd arrange for him to "slip and fall in the : ocean", by accident, of course. Already being done: http://www.msnbc.msn.com/id/9071642/ Oil runs the gubment though and there's little hope for real relief. b. Just saw a news report about a Marathon station in Chicago that's charging 3.69 for regular. That's a 3, not a 2. No typo error. The owners slipped out the back when the TV crew tried to interview them. This is going to get ugly. I live in Chicago, and have not seen anything around 3.69, but I don't doubt it... however, check this out http://www.gaspricewatch.com/new/ Highest gas is in Death Valley, CA at 3.88 a gallon... $3.21 today at BP Marina in my area. |
Back in 1980-83 when I was testing oil wells, many people (similar to
Harry Ks accusation) were accusing the oil companies of price gouging. The oil companies responded by saying that only 1 in 40 wild cat wells produced anything and they were called liars. Since I was the guy who actually determined if the wells could produce, I know they were telling the truth. There is no doubt that price controls will result in much less production of domestic oil due to shutting down stripper wells thus driving us to use more foreign oil. It is easier and more PC for Harry and Doug to make silly arguments about price gouging than to really look into the situation. Price controls would send more money to Saudi by making us use more foreign oil thus financing terror. If you want to see the Saudis get shafted, pray for a moderate increase in oil price. |
***WHOSE*** consumption? It's too much of a generalization.
- The Rochester-Toronto ferry announced that they'd cut back trips after labor day due to fuel costs. - You may go driving around for absolutely no reason other than to just drive around. Or not. - You may cancel a 5 hour trip if the cost of gas goes too high. Or not. - I might, or might not. Who are you talking about? "Starbucks" wrote in message ... Doug, You may find this hard to believe, but the price of fuel makes a major impact on consumption. "Doug Kanter" wrote in message ... I don't know about you, but if the price was 25 cents a gallon, I wouldn't buy more gas. Before it went up, I was already adverse to driving more than necessary. "Ed" wrote in message ... Excuse me? president Idiot? You are the freeking idiot....the laws of supply and demand dictate that if we force the price down, the supply will not be able to keep up with demand.... I'd rather pay $3/gallon and have gas than pay $2 per gallon and not be able to get it. There are two solutions... use less or make more. Doug Kanter wrote: "Harry Krause" wrote in message ... How long do you think it will be before President Idiot is forced to impose price controls on gasoline and diesel? I would welcome that, but not for financial reasons. I'm sure that shortly after he suggested or implemented the idea, one of his oily friends would invite him to visit an oil rig in the Gulf, ride in a real live hel-i-o-copter (pretending to fly it), and put on a hard hat & pretend to be an oil rig guy. I suspect they'd arrange for him to "slip and fall in the ocean", by accident, of course. |
Shortwave Sportfishing wrote:
Look at what happened to NASDQ and the Dow starting in 2000. They were totally and completely over valued during the Clinton Administration due to the lack of SEC enforcement. You mean, like the SEC not coming down hard on George W. Bush Jr for his many infractions? DSK |
Great. They can listen in on my phonecalls as I try to find a roofer this week, set up an appointment for the kitten to get her shots, and try and finish selling one more truck of Joan of Arc beans. Anyone need $16,500.00 worth of kidney beans, 3 kinds available, any mix you want? Delivers end of September. 1615 cases, 24 15.5 oz cans per case. Makes a great gift for someone with a garage the size of a 40 ft trailer. You could probably ship them to the Astrodome - sure they would not go to waste. |
"Tom" wrote in message ... Great. They can listen in on my phonecalls as I try to find a roofer this week, set up an appointment for the kitten to get her shots, and try and finish selling one more truck of Joan of Arc beans. Anyone need $16,500.00 worth of kidney beans, 3 kinds available, any mix you want? Delivers end of September. 1615 cases, 24 15.5 oz cans per case. Makes a great gift for someone with a garage the size of a 40 ft trailer. You could probably ship them to the Astrodome - sure they would not go to waste. It's already under discussion. We donate a lot of stuff to food banks, too. |
You mean, like the SEC not coming down hard on George W. Bush Jr for his
many infractions? Shortwave Sportfishing wrote: I'm not aware of his "many" infractions, - I'm not even aware of one and would appreciate some info on that. The whole Harken Energy deal would have landed anybody else behind bars. Be that as it may, every major corporation benefited from the false monetary values of EBITDA, but the best benefits were from the dot.com companies who were mostly friendly to the Clinton Administration and contributors. Oh yeah, that's definitely true. And not only that the Clinton Administration caused my beer to go flat! Don't you Clinton-haters ever get tired of hearing the same old ****? Doesn't it ever occur to you that the people screaming so loud about blaming whatever's wrong at the moment on Clinton actually are trying to distract you from what they've been doing themselves? DSK |
The whole Harken Energy deal would have landed anybody else behind bars.
Shortwave Sportfishing wrote: Bull****. There are deals like that done all the time and I don't see thousands of CEOs in jail because of it. Really? You mean that thousands of CEOs use family connections to set up a business with no assets using foreign capital, leverage it into a stock swap with a company to get in on looting *that* companies assets, then sell *all* their own stock in the now-bankrupt company before any accounting info is made public? And then have the investigation dismissed (and thus all charges dropped) by a prosecutor appointed by that CEO's father? Yeah Tom, I'm sure that happens all the time. It is - I'm not making any of it up. That's what caused the tech bubble which brought the house of cards down. I couldn't embellish it even if I wanted to - it's exaclty the truth and exactly what happened. I'm sure you believe that Clinton somehow drove up tech stocks. The truth is that it was a market situation... people were convinced the stock market never goes down and that these dot-bombs (with no assets... hmmm, where have we seen that before) were sure to bring home the mint. A cycle of irrational buying drove up the tech bubble, nothing else. If the irrational buying weren't happening, none of those stocks would have gotten off the ground in the first place. You may be right about the Clinton Administrations complicity & garnering party funds from these companies, but did they create the irrational buying? You've got the cart before the horse. Don't you Clinton-haters ever get tired of hearing the same old ****? I never, once, ever said I hated President Clinton - not ever. No, you just join in the chorus blaming him for everything from the stock market crash to warm beer. DSK |
Shortwave Sportfishing wrote:
No I don't. What created the false valuations? EBITDA which the Clinton Administrations SEC allowed as a value generation methodology. Essentially, you could value nothing as something. And, if the market in general... those buying stocks... had greeted these valuations with a big yawn, they'd have gone nowhere. Unless you believe that some kind of secret gov't laser satellite ray controls people's stock buying behavior, there is simply no way that artificially high stock prices are the gov'ts fault. If anything, Greenspan & Co tried to point out aberrations and unrealistic expectations often... only to have eggs & rotten fruit thrown at him by the market movers & shakers. That's what created the false valuations to begin with which created the heated market which created the bubble. I don't have it backwards - you do. Perhaps so, but you're the one looking in an upside down mirror. Funny, you don't seem to see the contradiction between believing in the power of a free market, and insisting that a small gov't committee can control the stock market. DSK |
And, if the market in general... those buying stocks... had greeted
these valuations with a big yawn, they'd have gone nowhere. Shortwave Sportfishing wrote: You believe what you want to believe - I'll believe the experts from both sides who agree that's exactly what happened. From both sides of what? Do the "experts" explain why these dot.bomb stocks zoomed up in the market, if nobody was buying them? DSK |
"Shortwave Sportfishing" wrote in message ... On Thu, 01 Sep 2005 13:34:27 -0400, DSK wrote: Shortwave Sportfishing wrote: No I don't. What created the false valuations? EBITDA which the Clinton Administrations SEC allowed as a value generation methodology. Essentially, you could value nothing as something. And, if the market in general... those buying stocks... had greeted these valuations with a big yawn, they'd have gone nowhere. Unless you believe that some kind of secret gov't laser satellite ray controls people's stock buying behavior, there is simply no way that artificially high stock prices are the gov'ts fault. If anything, Greenspan & Co tried to point out aberrations and unrealistic expectations often... only to have eggs & rotten fruit thrown at him by the market movers & shakers. That's what created the false valuations to begin with which created the heated market which created the bubble. Another reason was the limit on compensation deduction imposed by Clinton.......it made stock options that much more valuable......and gave an incentive to drive up stock value at the detriment of long term fiscal responsibility. I don't have it backwards - you do. Perhaps so, but you're the one looking in an upside down mirror. Funny, you don't seem to see the contradiction between believing in the power of a free market, and insisting that a small gov't committee can control the stock market. You believe what you want to believe - I'll believe the experts from both sides who agree that's exactly what happened. There is not a totally free market as long as guvmint regulations and tax policy are involved. |
P. Fritz wrote:
There is not a totally free market as long as guvmint regulations and tax policy are involved. That's true, but it can't really overturn the laws of supply & demand totally unless the gov't squashes market forces... which is usually both obvious and disastrous. So, should we take it that you're also of the opinion that some kind of secret pro-Clinton committee used some kind of evil mind control to make people bid up the prices of dot-bomb stocks during the late 1990s? Where was the Republican controlled Congress during this process? DSK |
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