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#51
posted to rec.boats
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When Bush took office...
"BAR" wrote in message
. .. That doesn't answer the question. Please name the socialized medicine which you approve of and would not want to see eliminated. I would get rid of Medicaid, Medicare and any other government sponsored, managed or promoted medicine. People live too long. Those over 60 should have the decency to do the right thing and die. This would stop the drain on the Social Security and Medicare and Medicaid. And that silly Part D plan that Bush promoted. There's one more example. It fits the definition nicely. Here's a pretty generic definition: "medical and hospital services for the members of a class or population administered by an organized group (as a state agency) and paid for from funds obtained usually by assessments, philanthropy, or taxation" This is easy. Think hard. We need to finish this branch of the discussion before justwait's attention span fizzles. |
#52
posted to rec.boats
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When Bush took office...
JoeSpareBedroom wrote:
"BAR" wrote in message . .. JoeSpareBedroom wrote: "Canuck57" wrote in message news:EzEZi.200735$1y4.155047@pd7urf2no... "JoeSpareBedroom" wrote in message ... "Tim" wrote in message ps.com... On Nov 10, 9:49 pm, " JimH" ask wrote: "HK" wrote in message . .. JimH wrote: "HK" wrote in message . .. ...gasoline was $1.46 a gallon. And the highest gasoline prices were under the leadership of Carter. And your point is? Just another data point with which to bury Republicans next year. Explain how the "Republicans" caused the increase in gasoline prices. Why would gasoline prices be different today if a Democrat were in office? Well I'm not worried about it. Pres. Hillary Obama will get it right back down to a "buck forty-nine" in just six months, and will have exec. reps on a rope just like a stringer fll of blue gills. Nobody will get the price down until we eliminate oil speculation by investors who have absolutely no connection with the oil business. Most of the increases in gasoline prices for the last year are due to the devaluation of the greenback, not in any real way has the value of a barrel of oil changed. It is opposite thinking from what politicians preach. A paper currency is just like stock. It goes up when people want it, and down when people don't want it. Just like commodities, currency fluxuates in value. If the US fed raised interest rates and tightened up the money supply the dollar would have more value. Does not congress work with the Fed on such maters? Combine this with sub-prime mortgages and asset backed paper liquidity problems.... It is more accurate to think of the barrel of oil value being constant and the currency has lost value. If you had 100% of your investments in a stable currency last year, they would have gone up 20% against the USD not including interest. Blame government monetary policy. All true, but I stand by my original comment. Oil is one commodity which should be untouchable by recreational speculators. I'm talking illegal, go to jail, that sort of thing. You know I'm right. Why should oil be off limits to "recreational" speculators? A commodity is a commodity and should be treated as such regardless of who is speculating. Those "recreational" speculators can and do become the institutional speculators of the future. Give me 3 examples of institutional speculators, please. The Roman Catholic Church Any Protestant Church The Bush Administration |
#53
posted to rec.boats
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When Bush took office...
On Sun, 11 Nov 2007 15:59:04 -0500, BAR wrote:
The Dems are less than not effective. They are pursing political ends rather than doing what this country needs and that is long term planning. Heh, and the republicans are doing what? The republicans have lost their way as the traditional advocates of fiscal stability. There are many reasons for that, none of which are on topic for this newsgroup. I'd be happy to discuss via EMAIL if anyone is interested. |
#54
posted to rec.boats
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When Bush took office...
On Sun, 11 Nov 2007 21:41:03 GMT, "Canuck57"
wrote: "Short Wave Sportfishing" wrote in message .. . On Sun, 11 Nov 2007 00:43:13 -0500, Wayne.B wrote: On Sat, 10 Nov 2007 22:49:44 -0500, " JimH" ask wrote: Explain how the "Republicans" caused the increase in gasoline prices. That's easy: - The Iraq war - Huge federal defecits - Weak dollar - Poor energy policies - Huge trade imbalance They are all intertwined with high energy prices in various ways. You forgot the most important one - namely defending the dollar against speculation. That, in my opinion, is the real crime. Defend it exactly how? It isn't backed by silver, gold or oil in a known guaranteed quantity of something of tangible fixed value. Thus, it is open to speculation. Duh - by buying dollars. You know - like over governments do? |
#55
posted to rec.boats
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When Bush took office...
On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom"
wrote: Give me 3 examples of institutional speculators, please. Index hedge funds Private hedge funds Sovereign funds. Reinsurer funds. Want me to continue? :) |
#56
posted to rec.boats
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When Bush took office...
"Short Wave Sportfishing" wrote in message
news On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom" wrote: Give me 3 examples of institutional speculators, please. Index hedge funds Private hedge funds Sovereign funds. Reinsurer funds. Want me to continue? :) Good work. You get extra chocolate milk later. Now, why should any of those entities be entitled to move the price of a commodity that's so crucial to almost everything we do? Answer: They shouldn't. But, I'll stand by for your creative "other answer". |
#57
posted to rec.boats
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When Bush took office...
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#58
posted to rec.boats
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When Bush took office...
On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom"
wrote: Give me 3 examples of institutional speculators, please. There's lots on the web about futures markets. I'm not sure why you're bitching about commodities futures, which spot markets always bring quickly to reality. It's the equities markets - Wall Street - that has weakened the dollar, and the U.S. If you seriously think that the equity market caps of many companies are more real than a commodity futures price, try liquidating the shares of a large corporation for actual cash and see what it brings. Wall Street is more of a fantasy than any commodity futures market. Most equities just doesn't reach the real spot market - not yet anyway. Any return on Wall Street equities beyond paid dividends is the result of speculative forces, and nothing else. Gambling is gambling. Poker, craps, horses, equities, futures, real estate. Your pick. --Vic |
#59
posted to rec.boats
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When Bush took office...
"Vic Smith" wrote in message
... On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom" wrote: Give me 3 examples of institutional speculators, please. There's lots on the web about futures markets. I'm not sure why you're bitching about commodities futures, which spot markets always bring quickly to reality. It's the equities markets - Wall Street - that has weakened the dollar, and the U.S. If you seriously think that the equity market caps of many companies are more real than a commodity futures price, try liquidating the shares of a large corporation for actual cash and see what it brings. Wall Street is more of a fantasy than any commodity futures market. Most equities just doesn't reach the real spot market - not yet anyway. Any return on Wall Street equities beyond paid dividends is the result of speculative forces, and nothing else. Gambling is gambling. Poker, craps, horses, equities, futures, real estate. Your pick. --Vic If a bunch of fools bid up the price of a stock to a level that's absurd, you (and I mean specifically YOU) do not have to buy that stock at that price. Do you agree with that statement? |
#60
posted to rec.boats
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When Bush took office...
On Sun, 11 Nov 2007 22:14:31 GMT, "JoeSpareBedroom"
wrote: "Vic Smith" wrote in message .. . On Sun, 11 Nov 2007 21:44:16 GMT, "JoeSpareBedroom" wrote: Give me 3 examples of institutional speculators, please. There's lots on the web about futures markets. I'm not sure why you're bitching about commodities futures, which spot markets always bring quickly to reality. It's the equities markets - Wall Street - that has weakened the dollar, and the U.S. If you seriously think that the equity market caps of many companies are more real than a commodity futures price, try liquidating the shares of a large corporation for actual cash and see what it brings. Wall Street is more of a fantasy than any commodity futures market. Most equities just doesn't reach the real spot market - not yet anyway. Any return on Wall Street equities beyond paid dividends is the result of speculative forces, and nothing else. Gambling is gambling. Poker, craps, horses, equities, futures, real estate. Your pick. --Vic If a bunch of fools bid up the price of a stock to a level that's absurd, you (and I mean specifically YOU) do not have to buy that stock at that price. Do you agree with that statement? Yes. --Vic |
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