edin508
13 years ago

This is like a train wreck....

grmcooper wrote:


This, in a bad way.


rfenst
13 years ago

wrong...
we have an overabundance of oil and gasoline,,,

The reason the price is up is because hard commodities have real value ...

wheelrite wrote:



Supply and demand- yes. But, only foreseeable long-term high prices will spur U.S. supply in the market.
edin508
13 years ago

who wants to buy an AK47 before it's too late ?

wheelrite wrote:


Did that before he got in last time, all set.
rfenst
13 years ago


China?

Who doesn't think it is the biggest producers of goods in the U.S.? We will NEVER be able to compete with their labor costs. If they are diddling with their currency and that is helping them, then they are accomplishing what is best for them. I don't want to see us play fair in the dirty game of international trade and production- i just want to see us winning!
rfenst
13 years ago

wow how unbleeding heart liberal of you,,

I'm shocked,,,

wheelrite wrote:



If you are shocked, then you have been relying on others' misstatements or projections of my opinions. Trade is war. Trade war is WAR. There is no such thing as fighting dirty in a war.
DadZilla3
13 years ago

Jobs are his "albatross".

The current price of gas sucks, but I think it is mostly due to current and anticipated greater instability in the middle east. We are a long time away from being able to really tap in to our petroleum/coal energies.

rfenst wrote:



That, and from what I understand most of the world's oil is still priced in dollars. So if you're selling oil and pricing it in dollars and the dollar declines in purchasing power, naturally you're going to ask for more dollars in return for your barrel of oil.

Like Wheel said, hard commodities (like oil) have real value. Countries use fiat currency nowadays, so everybody's money is basically backed by nothing more than faith. Our money still has some value left but it is declining. By the time QE23 rolls around, we'll be paying about $1,200 a gallon for gas.

Hyperbole yeah, but we shouldn't forget that at one time not so long ago the Zimbabwean dollar was worth slightly more than a US dollar. Now you can buy 100 trillion dollar Zimbabwean notes on eBay for a couple of bucks.
HockeyDad
13 years ago

If you are shocked, then you have been relying on others' misstatements or projections of my opinions. Trade is war. Trade war is WAR. There is no such thing as fighting dirty in a war.

rfenst wrote:





Get rid of the antiquated borders. Problem solved.
DadZilla3
13 years ago

Get rid of the antiquated borders. Problem solved.

HockeyDad wrote:


Give California back to Mexico? 🤔
frankj1
13 years ago
vote how you want, Romney won the first, Obama won tonight. Only the weirdly undecided will be swayed by the debates anyway.
rfenst
13 years ago

vote how you want, Romney won the first, Obama won tonight. Only the weirdly undecided will be swayed by the debates anyway.

frankj1 wrote:



And, a small percentage of them- in just a few states- will decide the election.
KPP
  • KPP
  • Herf-A-Holic Topic Starter
13 years ago
I don't think Obama won tonight....as much as he didn't lose.

After the outcome of the 1st debate though, I can see where that might seem like a victory for Obama.
rfenst
13 years ago

That, and from what I understand most of the world's oil is still priced in dollars. So if you're selling oil and pricing it in dollars and the dollar declines in purchasing power, naturally you're going to ask for more dollars in return for your barrel of oil.

DadZilla3 wrote:



Yes, but that devalued dollar in foreign hands permits greater purchasing power for our goods, services and real property and the like. All of these elements here and there on each issue interlock them so much that there really is no discreet, correct analysis or answer to any of this.
DadZilla3
13 years ago

Yes, but that devalued dollar in foreign hands permits greater purchasing power for our goods, services and real property and the like. All of these elements here and there on each issue interlock them so much that there really is no discreet, correct analysis or answer to any of this.

rfenst wrote:


I'm not seeing how a devalued dollar carries greater purchasing power in foreign hands. It just means that they'd have a greater accumulation of dollars, each worth less than before.

Agreed though...there are a lot of moving parts to the issue of currency valuation.
SMGBobbyScott
13 years ago
CNN Poll (Dis-proportionally GOP due to audience) - 46% Obama 39% Romney - we have a tie going into the third debate...
rfenst
13 years ago

I'm not seeing how a devalued dollar carries greater purchasing power in foreign hands. It just means that they'd have a greater accumulation of dollars, each worth less than before.

Agreed though...there are a lot of moving parts to the issue of currency valuation.

DadZilla3 wrote:



When, for example, a country's currency increases on the dollar or the dollar falls against that currency, they can buy more dollars for each unit of their currency. As long as we aren't suffering disproportionate inflation,our goods become cheaper to the holders of that currency. This stimulates demand.
ZRX1200
13 years ago
Yes exports are skyrocketing!
DrMaddVibe
13 years ago

Yes exports are skyrocketing!

ZRX1200 wrote:




and so are the LIES!!!

Numismaniac
13 years ago

Jobs are his "albatross".

The current price of gas sucks, but I think it is mostly due to current and anticipated greater instability in the middle east. We are a long time away from being able to really tap in to our petroleum/coal energies.

rfenst wrote:





Why doesn't anyone keep playing a statement he made as he was either running or just elected.


"Energy prices will necessarily have to go up during my administration"
Maybe I'm paraphrasing, but I don't think so, I remember what I heard, from his mouth

If you think the prices are high now, wait until the inflation kicks in from this idiots agenda!!!!!
Numismaniac
13 years ago
would take a dissertation and a book, but the gas price problem is very complicated and yes, tied to the fact that at one time the only way oil could be purchased was with US dollars, now that is not the case at all, and has been slowly changing over the last 5-7 years, a concerted effort by other countries to "war" as rfenst properly puts trade, against us by agreeing to exchange oil in other currencies and gold. Now even the largest countries like China, Russia, etc. have done the same thing.

Just a few of the things that have really affected the price, the biggest............lowered production, and permitting here over the 1st couple of years during Obama's reign and the oil companies went to where the easier and better money is, duh
snowwolf777
13 years ago
May I just inject a town hall forum comment and then move on:

Who the hell is an "undecided" voter with only 3 weeks to go? How much more do you need to see/hear/research before you make your decision? Every answer that came out last night should have already been known if you've paid any attention to either candidate in the last year.

These must be the same people I get behind at the McDonald's drive through. They stare at the board for 10 minutes, like that Big Mac thingie and those Large Fries are all new additions to ponder.#-o



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