Very Bad News For Republicans

cat's meow · #91 (**permalink**) 06-09-2008, 08:49 PM

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which I suspect stems from a larger fear of Capitalism itself....

Hmmm, nope. You have no idea of how Capitalism is no more and the system has been manipulated into making you thinking we have a free market of supply and demand. If this existed (true Capitalism) then we would not have these problems. I am for Capitalism any time you can show me it is there; we do not have that at all. This is all very comparable to the Hunt brothers buying up Silver in the late 70s and it making prices bounce off course, this got regulated and it settled things down.

The bottom line is each country and set of corporations loosely tied to those countries set up economic systems and also manipulate them. Without either the country or the corporations there is no system...you seem to think printed money comes falling out of the sky and all of a sudden we have this wonderful Capitalistic system. There is no inherent system, this does not happen naturally.

Again, you did not read. There are just as many articles and studies showing there is enough oil/gas being produced but unregulated speculators are driving the price.

areyoushittin'me? · #92 (**permalink**) 06-09-2008, 09:15 PM

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This is all very comparable to the Hunt brothers buying up Silver in the late 70s and it making prices bounce off course, this got regulated and it settled things down.

Lol...talk about a blast from the past...I was working in the oilfields in Taft California...SW corner of San Joaquin Valley...45 miles west of Bakersfield...used to be called Moron until President Taft came to Bakersfield...close enough

Anyway, I was working too damn many hours to get to town and didn't really make it all that big a priority but I picked up a hundred ounce bar at 17...it jumped up to over 50 but had started dropping and by the time I got a chance to cash in, it was down to 35...it was a pretty quick double up and I got in late besides.

Hmmm...I've got a bunch of empty containers out at the ranch, lol...speculate.

Amazed · #93 (**permalink**) 06-09-2008, 09:32 PM

Quote:

Originally Posted by cat's meow

Hmmm, nope. You have no idea of how Capitalism is no more and the system has been manipulated into making you thinking we have a free market of supply and demand. If this existed (true Capitalism) then we would not have these problems. I am for Capitalism any time you can show me it is there; we do not have that at all. This is all very comparable to the Hunt brothers buying up Silver in the late 70s and it making prices bounce off course, this got regulated and it settled things down.

The bottom line is each country and set of corporations loosely tied to those countries set up economic systems and also manipulate them. Without either the country or the corporations there is no system...you seem to think printed money comes falling out of the sky and all of a sudden we have this wonderful Capitalistic system. There is no inherent system, this does not happen naturally.

Again, you did not read. There are just as many articles and studies showing there is enough oil/gas being produced but unregulated speculators are driving the price.

No, you did not read. You choose to believe only what you want...I read them...and quoted them, and showed you definitions of what you were trying to talk of...and now, having chosen NOT to read what I posted, are attempting to put words in my mouth. Capitalism indeed has it's drawbacks, but it is still the best Economic System in History.

cat's meow · #94 (**permalink**) 06-10-2008, 12:16 AM

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Originally Posted by Amazed

No, you did not read. You choose to believe only what you want...I read them...and quoted them, and showed you definitions of what you were trying to talk of...and now, having chosen NOT to read what I posted, are attempting to put words in my mouth. Capitalism indeed has it's drawbacks, but it is still the best Economic System in History.

...that is not what is called Capitalism. Here is the best definition of what we live in (overall):

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A mixed economy is an economic system that incorporates aspects of more than one economic system. This usually means an economy that contains both private-owned and state-owned enterprises or that combines elements of capitalism and socialism, or a mix of market economy and planned economy characteristics.

The U.S. is considered a mixed economy. Some examples of this include:

People can own their own businesses, but political leaders make policies concerning these.
The government controls the mail system.
The government controls most of the road networks.
Waste collection and treatment are usually provided as a service by the local government.
The government has a virtual monopoly on the provision of policing.
Intercity passenger rail (Amtrak) is a nationalized industry, as are almost all local trains.
All American airports are government operated but all American airlines are private.
The government tells manufacturers what to make if something is in need during war time.
The FDA bans certain drugs.
The government has created a minimum wage law.
The government provides social welfare payments to some citizens.
The majority of pre-college education is government-provided and a large part of tertiary education is run by state governments.

Amazed · #95 (**permalink**) 06-10-2008, 09:39 AM

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Originally Posted by cat's meow

...that is not what is called Capitalism. Here is the best definition of what we live in (overall):

Typical to avoid all areas where the facts do not support your contentions....and typical again to "parse" meanings in order to obfuscate.

George O Well · #96 (**permalink**) 06-10-2008, 10:31 AM

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McCain is NOT Bush, so you can stop the Propaganda, Fool!..

>>>Maybe not, but they share the same shriveled gonads.

George O Well · #97 (**permalink**) 06-10-2008, 10:35 AM

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What specific laws are you suggesting the speculators broke?

>>>They didn't break any laws, the laws were changed to accomodate their bullshit. That's were Bush comes in.

reccles44 · #98 (**permalink**) 06-10-2008, 02:32 PM

Quote:

Originally Posted by cat's meow

Hmmm, nope. You have no idea of how Capitalism is no more and the system has been manipulated into making you thinking we have a free market of supply and demand. If this existed (true Capitalism) then we would not have these problems. I am for Capitalism any time you can show me it is there; we do not have that at all. This is all very comparable to the Hunt brothers buying up Silver in the late 70s and it making prices bounce off course, this got regulated and it settled things down.

The bottom line is each country and set of corporations loosely tied to those countries set up economic systems and also manipulate them. Without either the country or the corporations there is no system...you seem to think printed money comes falling out of the sky and all of a sudden we have this wonderful Capitalistic system. There is no inherent system, this does not happen naturally.

Again, you did not read. There are just as many articles and studies showing there is enough oil/gas being produced but unregulated speculators are driving the price.

Um wrong about the oil. It isn't so much speculators as it is two huge nations forging their way into the industrial world. It doesn't mean there is not enough oil to go around but it does mean that the supply we have is in far greater demand than it was a decade ago.

More people who need something, no matter how abundant it is, raises that items value. The only way to bring the price down is to reduce demand or increase supply. OPEC has refused to increase supply in order to keep the price high. We refuse to go get our own oil so it helps to keep supply down and prices high. It has been this way (supply and demand) for centuries. Yup even before oil and this supply and demand thing works on things other than oil too. Go figure.

areyoushittin'me? · #99 (**permalink**) 06-10-2008, 03:04 PM

Quote:

Originally Posted by reccles44

Um wrong about the oil. It isn't so much speculators as it is two huge nations forging their way into the industrial world. It doesn't mean there is not enough oil to go around but it does mean that the supply we have is in far greater demand than it was a decade ago.

Exactly...demand is going through the roof because of China and India...we've actually remained fairly level...even dropped a bit in recent years.

Quote:

Originally Posted by reccles44

More people who need something, no matter how abundant it is, raises that items value. The only way to bring the price down is to reduce demand or increase supply. OPEC has refused to increase supply in order to keep the price high. We refuse to go get our own oil so it helps to keep supply down and prices high. It has been this way (supply and demand) for centuries. Yup even before oil and this supply and demand thing works on things other than oil too. Go figure.

Yeah, I remember reading some numbers on how world demand on number of barrels per day was greater than supply...and then I also recalling the Saudi's claiming that they were fullfilling all of their contracts...go figure.

I can see how we might jump to a conclusion regarding they are just posturing or even lying but I'm thinkin' there is more to it than that.

In any case, going up a million barrels or two per day is just a band-aid at best...we use over 20...roughly 5% of our usage...and no way we should complain much...we consume a quarter of the world's usage...

Peak Oil: Association for the Study of Peak Oil & Gas - USA - Prospects For China