Gasoline prices - another record high/ supply and demand
 

JoeSpareBedroom wrote:
"Bert Robbins" wrote in message
...

JoeSpareBedroom wrote:

"Jack Goff" wrote in message
...

On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:


34% return on your money? Again, Trump would love that kind of profit!


It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.


But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?



A sentient being would understand why what you have said is completely
illogical.


Nice dodge Doug. Why can't you answer the question? Maybe because it
doesn't fit your agenda, which is bashing the oil companies and wanting
the government to regulate more of your and my life.



Make up which of your identities you're going to use during this particular
discussion, and stick with just one. I will not respond to both. Either be
Bert, or Jack.


Did I miss something? Are Bertram and Jackoff one and the same? Figures!

Gasoline prices - another record high/ supply and demand
 

wrote:
lets see, Now according to you, I can't post a "childish name calling "
, and petty insult correctly, so I need to "grow up"


amazing.........

Yes, your actions ARE amazing in so many different ways. Unfortunately,
none of them involves intelligence, thought, or foresight.

Gasoline prices - another record high/ supply and demand
 

"JoeSpareBedroom" wrote in message
...
"Harry Krause" wrote in message
. ..
NOYB wrote:
"basskisser" wrote in message
oups.com...
NOYB wrote:
"basskisser" wrote in message
oups.com...
Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding vehicle?
Oil
makes about 16% profit. Citigroup about 34%.

Horse****!! How would Citigroup make a 34% profit when their interest
rates aren't even that high?????? Let alone their operating expenses!
LOL. You really are clueless.
Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit.

You mean, of course, that they reported an 18.8% profit. Large
corporations work closely with their outside auditors to cook the books.

Seriously, it's the absolute price that bothers us all at the moment.
Other businesses make higher margins and it doesn't bother you.

I made 31% last year, and I'm expecting 34% this year. I just wish that my
revenues were in the billions like Exxon/Mobil's. ;-)

Gasoline prices - another record high/ supply and demand
 

"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You stated that
"their interest rates aren't even that high"...implying that they could
earn
a profit that was only as high as their interest rate (whatever that is).

This shows ignorance on multi-levels.

There is an enormous range in Citigroup's lending rates. There is no such
thing as "their interest rate".

Are you REALLY trying to say that Citigroup's interest rates on money
lended is in the neighborhood of 35%????? Friggin' sign me up! If
that's the case, then most of the biggest corps in the U.S. will be
selling everything and investing in Citigroup. Better not let them in
on your secret!

Citigroup's profits are derived from a much larger pool of revenues than
just the money they take in from their lending practices.

Just what are they doing to earn back 35% or so on their money? Donald
Trump would love for you to share this informatioin with him!


Go up 6 paragraphs from this post and read. See where I said that "they
made 18.8% profit"?

As for what they are doing to earn 18.8%...

http://www.citigroup.com/citigroup/business/index.htm


I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5% just 1
month later. I sell your loan to another bank for a one-time fee (perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized return.

Gasoline prices - another record high/ supply and demand
 

NOYB wrote:
"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You stated that
"their interest rates aren't even that high"...implying that they could
earn
a profit that was only as high as their interest rate (whatever that is).

This shows ignorance on multi-levels.

There is an enormous range in Citigroup's lending rates. There is no such
thing as "their interest rate".

Are you REALLY trying to say that Citigroup's interest rates on money
lended is in the neighborhood of 35%????? Friggin' sign me up! If
that's the case, then most of the biggest corps in the U.S. will be
selling everything and investing in Citigroup. Better not let them in
on your secret!

Citigroup's profits are derived from a much larger pool of revenues than
just the money they take in from their lending practices.

Just what are they doing to earn back 35% or so on their money? Donald
Trump would love for you to share this informatioin with him!


Go up 6 paragraphs from this post and read. See where I said that "they
made 18.8% profit"?

As for what they are doing to earn 18.8%...

http://www.citigroup.com/citigroup/business/index.htm


I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5% just 1
month later. I sell your loan to another bank for a one-time fee (perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized return.

And that equals 34% how?

Gasoline prices - another record high/ supply and demand
 

"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You stated that
"their interest rates aren't even that high"...implying that they
could
earn
a profit that was only as high as their interest rate (whatever that
is).

This shows ignorance on multi-levels.

There is an enormous range in Citigroup's lending rates. There is no
such
thing as "their interest rate".

Are you REALLY trying to say that Citigroup's interest rates on money
lended is in the neighborhood of 35%????? Friggin' sign me up! If
that's the case, then most of the biggest corps in the U.S. will be
selling everything and investing in Citigroup. Better not let them in
on your secret!

Citigroup's profits are derived from a much larger pool of revenues
than
just the money they take in from their lending practices.

Just what are they doing to earn back 35% or so on their money? Donald
Trump would love for you to share this informatioin with him!


Go up 6 paragraphs from this post and read. See where I said that "they
made 18.8% profit"?

As for what they are doing to earn 18.8%...

http://www.citigroup.com/citigroup/business/index.htm


I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5% just
1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?

Oh. My. God.

Gasoline prices - another record high/ supply and demand
 

"basskisser" wrote in message
oups.com...

I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5% just
1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?


Bassy, you know I side with you much of the time, because like me, you're
always right. But, in this case, I have to say I'm 99.9% sure you're either
playing games, or not getting enough sleep. NOYB said he was giving you AN
EXAMPLE. Do you want him to enumerate every single source of income for
Citi?

Gasoline prices - another record high/ supply and demand
 

"JoeSpareBedroom" wrote in message
...
"basskisser" wrote in message
oups.com...

I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5%
just 1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?


Bassy, you know I side with you much of the time, because like me, you're
always right.

I just threw up in my mouth.

Gasoline prices - another record high/ supply and demand
 

"NOYB" wrote in message
k.net...

"JoeSpareBedroom" wrote in message
...
"basskisser" wrote in message
oups.com...

I'm going to give you a really simple example of how I can earn a lot
of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5%
just 1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?


Bassy, you know I side with you much of the time, because like me, you're
always right.

I just threw up in my mouth.



The truth's a bitch.

Gasoline prices - another record high/ supply and demand
 

JoeSpareBedroom wrote:

Bassy, you know I side with you much of the time, because like me, you're
always right. But, in this case, I have to say I'm 99.9% sure you're either
playing games, or not getting enough sleep. NOYB said he was giving you AN
EXAMPLE. Do you want him to enumerate every single source of income for
Citi?

Basskissers quote:

"Yes, your actions ARE amazing in so many different ways.
Unfortunately,
none of them involves intelligence, thought, or foresight. "

And you must ask him if he's playing games, or not getting enough
sleep?

I think he's living up to his own quotes.