Author Topic: Would gas prices go down if..  (Read 3926 times)

kmitch200

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Would gas prices go down if..
« on: May 15, 2008, 08:48:05 PM »
If we took every worthess politician - which last time I looked - was EVERY STINKING ONE OF THEM and threw them out in the street on their ass?
Do you think they would get the point that we aren't happy with the way things are shaking out?

That should be our goal.
Vote out every incumbent politician until they get it through their thick skulls that they aren't immune to our misery.

We want someone who represents us and not their fat wallets. 2nd Amendment? Don't like it? YOU'RE OUTTA HERE!
And that cushy Congress retirement plan? SCREW THAT!!  Tell the next batch to vote that out like so many of their decisions have trashed retirement plans across the country orthey get tossed next go around.

Professional Politicians should be dumped like a dirty diaper and for the same reason. If you can't provide for your family outside of Congress, what the hell are you doing in Congress?
   
 
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ccd

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Re: Would gas prices go down if..
« Reply #1 on: May 15, 2008, 11:32:51 PM »
Unfortunately no it wouldn't do much.

Most what is happening is the result of:
a)Federal Debt
b)Federal Reserve-unelected
c)Inflation- related to fiscal policies of above two
d)Large Institutional investors seeking refuge for their dollar based capital
e)Sinful(stupid) reliance on foreign oil(imagine how bad off we would be without the Canadian Athabascan field having come online when it did)
f)Economic growth in China and India
g)American oil consumption keeps going up no matter what happens year after year
h)Failure(refusal) to use American offshore oil fields
i)Foreign oil interests wanting to rake in the bucks while they can
j)incredible negligence of our past leaders over the last 50 years for at least having backup plans to oil in case of another embargo
  (Ex. syngas or using oil shale in emergencies)

What is voting for new crooks going to do? Look at Obama and his economic policies and realize that he is a devoted follower of Keynesian economics. The bureaucrats in the various areas of government control policy, and politicians have very little idea of what is going on. Most of them(politicians) have a very narrow scope of knowledge(the ones who are smart)

The most useful thing we can do is DEMAND that there be a Constitutional Amendment requiring a Balanced Budget(and not using three or four sets of books either(like the present))


Ron J

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Re: Would gas prices go down if..
« Reply #2 on: May 16, 2008, 09:07:51 AM »
Gas going down?  Not likely no matter who gets elected.  It’s a commodity.  Higher world demand and less supply bring higher prices.  We need to be less reliant on oil, less reliant on foreign product and increase domestic supply if we want to effect the cost equation. And that’s something that congress should have paid a little more attention to twenty+ years ago.  Unless we can get supply increased you can expect oil to hit $8 per gallon within the year.

Along with what CCD posted, voting “new blood” into office would do little to resolve the problems/issues we face.  Love the concept of kicking them out and getting a clean slate!  However it is more to what Pete Townshend sang, "... meet the new boss, just the same as the old boss." 

Unfortunately, what it comes down to is that we sometimes have to weigh or vote for what is “the better of two evils”.  Sure.  It’s not the ideal situation but it is the reality of politics.  Example of this is our presidential election in November.   

As it stands today there is no viable 3rd or 4th party candidate.  Viable candidate means someone who can win the popular vote AND the electoral vote needed to win the election.  Given this, one of two things will happen in November in the presidential election; McCain or Obama will win and become President of the United States. With this, you can effect this election in one of two ways. 

1) Vote for Barack Hussein Muhammed Obama.  Great speaker but has not really spelled out any policy for hard fiscal realities other than raising your taxes.  Obama, from what his own books state, is a Marxist and the furthest left sitting person in congress.  Along with such notables as Rev. Wright, Bill Ayers, Rosie O’Donnell, Louis Farrakhan, Teddy Kennedy, Jimmy Carter and John Kerry backing him, Obama also has to his credit the support of Hamas.  They actually do tele-marketing for him from Gaza to the US!  True, that Obama “may not” like their endorsement or support, it says a lot to his platform that a terrorist organization would support him.  On the flip side, if someone makes less than $30,000 per year, spends more money on Bud Light instead of healthcare, could care less about radical Islam’s plans to spread Sharia law to all points of the globe, and owns no firearms; then B-Ho is your man. 

2) Vote for John McCain.  May not like everything about the man BUT do your really want what Obama brings to the table?!?

While not really a valid option since it defaults to giving Obama the election, some would argue that there is a third way to effect this election.  This third option would be to vote for a candidate who will “send a message” for their “true conservative values”.  Another variant of this is as Jesse Ventura suggested, send a message by voting for “none of the above”.  While these are well intended they are highly delusional.  Only message this will send is to give Obama the election and more importantly, give what Obama stands for momentum.  With this option you may as well vote for Obama because it will have the same effect on the outcome of the election. 

I don’t like McCain but I don’t want four to eight years of Obama in combination with a Democratic controlled House and Senate.  In November, I really don’t want to plug my Telecaster in and sing, “Meet the new boss … a lot worse than the old boss” either. 

warhawke

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Re: Would gas prices go down if..
« Reply #3 on: May 16, 2008, 11:12:43 AM »
The core issue is the Federal Reserve is destroying the US dollar and monetizing the debt, you have to remember that the Fed is a private corporation (incorporated 1913 in Delaware, as are each of the Fed banks) that "Loans" us our money at interest and sells bonds to cover those loans also at interest. It is just as "Federal" as Federal Express and it is doing what any corporation does, acting in the interests of it's shareholders, the banks. Why do you think the Federal Reserve Bank of New York would loan Chase 30 Billion dollars to buy Bear-Sterns? Because the biggest shareholder of the New York Fed is CHASE! Chase bought 51% of the New York Fed in 1913, the other two major holders were Manhattan Bank and Chemical Bank, Chase bought Chemical in the '30's (IIRC) and merged with Manhattan in the '60's, but since Delaware Corps. are not required to issue lists of shareholders we do not know exactly how much Chase actually owns.

Until and unless we destroy the Fed and repudiate the debt they have saddled us with nothing is going to change.
"Una salus victus nullam sperare salutem"
(The one hope of the doomed is not to hope for safety)
Virgil

tombogan03884

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Re: Would gas prices go down if..
« Reply #4 on: May 16, 2008, 01:55:29 PM »
The core issue is the Federal Reserve is destroying the US dollar and monetizing the debt, you have to remember that the Fed is a private corporation (incorporated 1913 in Delaware, as are each of the Fed banks) that "Loans" us our money at interest and sells bonds to cover those loans also at interest. It is just as "Federal" as Federal Express and it is doing what any corporation does, acting in the interests of it's shareholders, the banks. Why do you think the Federal Reserve Bank of New York would loan Chase 30 Billion dollars to buy Bear-Sterns? Because the biggest shareholder of the New York Fed is CHASE! Chase bought 51% of the New York Fed in 1913, the other two major holders were Manhattan Bank and Chemical Bank, Chase bought Chemical in the '30's (IIRC) and merged with Manhattan in the '60's, but since Delaware Corps. are not required to issue lists of shareholders we do not know exactly how much Chase actually owns.

Until and unless we destroy the Fed and repudiate the debt they have saddled us with nothing is going to change.

Finance is not a subject I'm well versed in, What is meant by "monetizing the debt" ?

Sponsor

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Re: Would gas prices go down if..
« Reply #5 on: Today at 10:54:40 AM »

ericire12

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Re: Would gas prices go down if..
« Reply #5 on: May 16, 2008, 02:12:57 PM »
The core issue is the Federal Reserve is destroying the US dollar

That is exactly why we are having an economic slow down right now - because our dollar is so weak. The Euro is worth approx $1.60 and the Pound is worth approx $2.00

No one would really have a problem with $4 a gallon gas if our dollar was at least doing as well as the Euro and the Pound. If that were the case, that $4 a gallon would feel more like $2 a gallon.
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Ron J

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Re: Would gas prices go down if..
« Reply #6 on: May 16, 2008, 02:55:11 PM »
Finance is not a subject I'm well versed in, What is meant by "monetizing the debt" ?


My understanding (and I could be wrong) is that the government has to pay for various services and doesn't have the cash on hand to do it.  So they print more money which will shift the debt from the Treasury to the Fed.   

tombogan03884

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Re: Would gas prices go down if..
« Reply #7 on: May 16, 2008, 08:14:09 PM »
Finance is not a subject I'm well versed in, What is meant by "monetizing the debt" ?


My understanding (and I could be wrong) is that the government has to pay for various services and doesn't have the cash on hand to do it.  So they print more money which will shift the debt from the Treasury to the Fed.   

OK. and that causes inflation like adulterating Gold coins, Same amount of value spread between more tokens, means each token shares a smaller percent of the base worth, therefore price increases are simply maintaining value by requiring more tokens to pay .

Teresa Heilevang

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Re: Would gas prices go down if..
« Reply #8 on: May 19, 2008, 09:45:11 PM »
Gas was $3.93 in Louisville Kentucky Saturday.
Then it was $3.84 on Sunday evening.

Got into Tulsa, Ok and we paid $3.53

On up to Bartelsville Oklahoma it was $3.69

Here in Howard it is $3.81

I don't care where it is.. it is all too high.
It is really scary when it cost you $20 to fill  your 5 gallon lawn mower gas can.  :P

Used to use gasoline to burn brush piles.. not now! We use a torch and some wind.. LOL
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CurrieS103

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Re: Would gas prices go down if..
« Reply #9 on: May 20, 2008, 07:47:51 AM »
Around $3.93 for regular here in south Florida.  I run the higher grades so $65 to fill up w/16 gallons the other day.
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