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Old 06-24-2008, 01:41 PM   #1
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Originally Posted by Perfectlap
Today's Consumer Confidence findings are tracked by a private group in NY.
I'm assuming the credit markets look at these studies closely.

Here's an interesting piece on the electric cars, solars, etc.


Here's a company EEstor that's come up with a battery that can be charged in 5 minutes at a special charging station and will allow a car to be driven 300 miles or at home in using off peak rates at night for a few hours. People say had we started drilling 10 years ago we'd still have $3 gas. I keep thinking if we had put real money behind these hybrids and electrics 10 years ago we'd actually be exporting a ton of eco friendly cars to billions in Asia and India. That could have provided a ton of of middle class green collar jobs.

The problem is always, Who is we?

The govt policy has been clear. Don't allow energy development of any kind domestically.

Predictably, we now are very vulnerable to the Mid East.

Plenty of blame to pass around.

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Old 06-24-2008, 01:59 PM   #2
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The problem is always, Who is we?

The govt policy has been clear. Don't allow energy development of any kind domestically.

Predictably, we now are very vulnerable to the Mid East.

Plenty of blame to pass around.

Well seem to recall an energy bill that was shot down by the energy lobby back in December that would have requried a 15% committment to renewable energies by power companies. The 15% clause was removed and Bush went along with it.
Can't exactly say Congress wasn't at least trying to push renewables.

I mean its getting to be a joke. Status Quo defenders don't want the "We" to be private engergy companies and their profits, but neither do they want the govt. to kick in the money. Something's gotta give we can't just stand around looking at each other waiting for someone to step up to the plate. Flipping the country upside down and off of oil is going to require all hands on deck both govt and the most well profited private sectors. Otherwise its going to take 20 years.
We fought WWII by pulling govt and the private sector up by the boot straps.
In this current era we'd a been arguing until the Germans were at the statue of liberty on who was going to pay for it all.
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Old 06-24-2008, 02:25 PM   #3
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Well seem to recall an energy bill that was shot down by the energy lobby back in December that would have requried a 15% committment to renewable energies by power companies. The 15% clause was removed and Bush went along with it.
Can't exactly say Congress wasn't at least trying to push renewables.

I mean its getting to be a joke. Status Quo defenders don't want the "We" to be private engergy companies and their profits, but neither do they want the govt. to kick in the money. Something's gotta give we can't just stand around looking at each other waiting for someone to step up to the plate. Flipping the country upside down and off of oil is going to require all hands on deck both govt and the most well profited private sectors. Otherwise its going to take 20 years.
We fought WWII by pulling govt and the private sector up by the boot straps.
In this current era we'd a been arguing until the Germans were at the statue of liberty on who was going to pay for it all.

There is plenty of private capital ready to explore for energy. I think Congress is showing you exacly why we are in the mess we are in right now.

Drill? Yes/No.

Next question
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Old 06-24-2008, 03:10 PM   #4
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Let's make the best of a bad situation !!

We're in Iraq and will be for many more months, probably years !!

Gasoline prices are at an all-time high and crippling the economy and the Middle-Class !!

So, let's force the Iraqi's into an agreement whereby whatever we spend on keeping our troops in their country to maintain order (which range from the Congressional Research Service (CRS) estimate of $8 billion per mo. to an estimated $12 billion per mo. by economist Joseph Stiglitz), an equivalent amount of Iraqi Oil is given the US in exchange.

This Oil would go into the Nat'l. Reserves and be dispensed 50/50 with crude from the Oil Cos. at the refinery !! That way, we would cut the price of gasoline and actually get something for all the tax dollars pouring into Iraq !!
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Old 06-24-2008, 03:24 PM   #5
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I can't disagree with that LB.
The Iraqi government is sitting on over 70 billion in oil revenue and don't know what to do with it, while we're still paying all the bills for their defense and reconstruction.
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Old 06-24-2008, 05:52 PM   #6
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Let's make the best of a bad situation !!

We're in Iraq and will be for many more months, probably years !!

Gasoline prices are at an all-time high and crippling the economy and the Middle-Class !!

So, let's force the Iraqi's into an agreement whereby whatever we spend on keeping our troops in their country to maintain order (which range from the Congressional Research Service (CRS) estimate of $8 billion per mo. to an estimated $12 billion per mo. by economist Joseph Stiglitz), an equivalent amount of Iraqi Oil is given the US in exchange.

This Oil would go into the Nat'l. Reserves and be dispensed 50/50 with crude from the Oil Cos. at the refinery !! That way, we would cut the price of gasoline and actually get something for all the tax dollars pouring into Iraq !!

Oh but then the Euros won't like us even more! How will we hold up under such criticism?

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Old 06-24-2008, 07:26 PM   #7
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Old 06-24-2008, 07:30 PM   #8
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Quickurt is right on about the crooked lawyers on both sides that are ruining this country. BruceLee is right on about the fact that these losers in Congress and the white house get to hang around without any performance review and then they get to collect ridiculous windfall pension benefits. I hope both McCain and Obama come to Florida for a town hall because I plan on going to it just to see if I can ask them some questions that will expose them both for what they are. Stupid highly privileged jackasses. Well Obama is a recently privileged jackass.

The funny thing is that whoever wins the election will be the next Jimmy Carter. The winner is going to have to tell the public that interest rates have to go up to boost our dollar so oil prices can come down. This will force more people into foreclosures and create an even more drastic drop in home prices. The winner is going to have to tell people that we are going to have to raise taxes so that we can pay for all the modernization of our infrastructure and the jobs that will come of it. This kind of reminds me of when Dinkins took over as Mayor of New York City. Mayor Koch ran the city into the ground and Dinkins got elected and everybody blamed Dinkins for not being able to fix the problems he inherited from Koch.

Let’s see what Washington has done in the past 30 years.

Reagan and his Administration created what is now know as Al Qaeda and gave Sadam Hussein banned chemical weapons that violated the Geneva Convention. Way to go Rappin Ronny Reagan!

Clinton and his administration did away with Glass-Steagal Act and opened the door for the banks to merge with one another to create an anti-competitive environment and also allow the banks to get into all forms of investments. The type of behavior that caused the run on the banks in the great crash of 1929. Way to go Bill! That brought us the dotcom bubble, the housing bubble and now the creidt and banking crisis. Let's not forget Nafta and the beginning of what became China trade.

Whether you like Dubya Bush or hate him. You got to admit that he is the smartest one of them all. He got everyone to rally behind his decision to go to war with Iraq. He killed two birds with one stone. He got rid of the WMD that his daddy and his administration gave to Saddam Hussein and he got to drive the price of oil up for his buddies to get rich in the same process. Now that is pure genius!

Now we get to vote for McCain or Obama. What a privilege!

Anyway on a positive note we should have built more nuclear plants during the past 30 years and that way we could focus more on Solar, Hydrogen and Wind today. I can’t wait to see how bad these jackasses are going to screw up next!

I got to turn my attention back to the Box and sorry for getting all righteous here!

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Old 06-24-2008, 07:46 PM   #9
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Good stuff Ultimate.\

you are pretty much right on.

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Old 06-26-2008, 06:56 AM   #10
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Let's make the best of a bad situation !!

We're in Iraq and will be for many more months, probably years !!

Gasoline prices are at an all-time high and crippling the economy and the Middle-Class !!

So, let's force the Iraqi's into an agreement whereby whatever we spend on keeping our troops in their country to maintain order (which range from the Congressional Research Service (CRS) estimate of $8 billion per mo. to an estimated $12 billion per mo. by economist Joseph Stiglitz), an equivalent amount of Iraqi Oil is given the US in exchange.

This Oil would go into the Nat'l. Reserves and be dispensed 50/50 with crude from the Oil Cos. at the refinery !! That way, we would cut the price of gasoline and actually get something for all the tax dollars pouring into Iraq !!
By far the best idea I've heard in years. (Being used to the VWVortex shenanigans, it's sure nice to read intelligent discussions on this site.)

Last edited by AddictionRacing; 06-26-2008 at 07:09 AM.
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Old 06-26-2008, 08:32 AM   #11
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THere's a guy on CNBC saying that we WILL have $7 gas base on $150 oil within a year. Based on that his group is saying 10 million Americans will not be able to afford to cars. Say hello to more public transportation budget deficits and Detroit may close down for business...
He's saying we are 5-6 years away from Hybrid cars becoming available to the public in big numbers.

Also heard an economist from Barrons say that ANWR drilling, best case scenario, at full supply will reduce the per barrel cost of oil maybe, ONE DOLLAR.
And of course there's no obliging the oil companies to sell that oil to the lowest bidder (USA).
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Old 06-26-2008, 09:27 AM   #12
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THere's a guy on CNBC saying that we WILL have $7 gas base on $150 oil within a year. Based on that his group is saying 10 million Americans will not be able to afford to cars. Say hello to more public transportation budget deficits and Detroit may close down for business...
He's saying we are 5-6 years away from Hybrid cars becoming available to the public in big numbers.

Also heard an economist from Barrons say that ANWR drilling, best case scenario, at full supply will reduce the per barrel cost of oil maybe, ONE DOLLAR.
And of course there's no obliging the oil companies to sell that oil to the lowest bidder (USA).

Those who oppose driling of any type are hanging their hat on the $1 figure. The number may be right or not.

The issue really is this: Will we be better off not developing all of our energy sources or not? I think the answer is obvious. Energy sources are largely substitutes for each other.

Lets do them all and see how it turns out!

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