Gas Price Commonsense Plan
- Thread starter FromTexas
- Start date
Everyone knows they didn't really mean it!
That would be the logical way to do things, but since when is the entire congress known for logic..LOL.
Also if they could end cajoling to the enviromental lobby which has gone past good sense now. We could grow sugar cane like Brazil and go from there, but I think the Middle eastern lobby will see that that idea goes nowhere.
Looks like we have to begin cleaning house here in the grass roots before someone up on that fool hill remembers the American constituents as the priority.
However.
Pete
Repete
You know that the middle easterners are not the ones who are jacking the prices, it is the speculators and commodities brokers. The middle easterners happily just deposit the checks written to them for oil.
That being said having been in Saudi and knowing that the only thing other than oil they produce is sand, they must import everything. I think it might be time for us to play fair with them and have every country tax the living crap out of every export with a destination in the middle east. They will have cheap gas for sure but lets see how they like a $15 Coca-Cola, a $10 bottle of water and $25 loaf of whatever they eat in place of bread.
The revenue from those tariffs could be rolled into pay for the regulation and subsidizing of crude as it is taken off the commodity market where retards with a brokers license drive the price up for no reason at all other than stupidity.
That being said having been in Saudi and knowing that the only thing other than oil they produce is sand, they must import everything. I think it might be time for us to play fair with them and have every country tax the living crap out of every export with a destination in the middle east. They will have cheap gas for sure but lets see how they like a $15 Coca-Cola, a $10 bottle of water and $25 loaf of whatever they eat in place of bread.
The revenue from those tariffs could be rolled into pay for the regulation and subsidizing of crude as it is taken off the commodity market where retards with a brokers license drive the price up for no reason at all other than stupidity.
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FromTexas
This Space for Rent
But they own large chunks of coca-cola and pepsi... which also produce the bottled water.
Pete
Repete
MMDad
Lem Putt
If oil prices are truly artificially high, won't the market correct on it's own? Kind of like the dotcom bubble bursting? Or (don't tell patchy I said this) the housing bubble?
Kerad
New Member
Pete
Repete
Apples and oranges. The Dot Com bubble was pure frenzied speculation based on the unfounded chubby of all things internet. The internet is infinitely expandable and not in short supply and we now know that Greenspahn was right about grossly overvalues companies with no assets and little profit potential.
The housing bubble is because too much credit was granted based on low interest rates. Housing is not "consumed" therefore it is a "durable good". When interest rates tightened the money supply tightened not the supply of houses for sale.
The oil market could correct slightly but IMO you will never again see gas below $3 a gallon because they don't have to. People must have it and as long as they pump it people line up to try and outbid each other for it. It is foolish to expect any of the OPEC nations to blush, throw up their hands and say
"Stop, stop you silly people, $117 a barrel is foolish and we are ashamed. We will now sell oil uniformly for $75 a barrel because frankly we have more money than we know what to do with already. So no matter how much you offer we will not budge! $75 is the max price!"
We have the money (generally speaking of course) they have the oil, there is no shortage of either.
I like your ideas better.
Since they like to play over here, make em pay a pleasure tax too over here. Sure would love to see them get shook down prior to entering a casino or a brothel. FAir is fair.
Pete
Repete
I've been trying to understand why we don't do this.
Simple, because the French, Germans, Japanese, and Chinese will not follow suit. If we slap a 40% tax on exports to Saudi the French will step right in and either provide French products in place of ours or buy ours and resell it to the Saudi's and cop a profit.
The "world" is only united when it comes to opposing us. Helping us out is not cool, even if it helped them too.
kom526
They call me ... Sarcasmo
We have the oil also. Unfortunately we also have a bunch bark humping weirdos that have the ear of congress and we can't tap into any of it because they like to play "worst case scenario" every chance they get. The ironic thing here is that the folks who are crying for the gubbmint to do something about the economy and housing etc are the same ones that don't want the US to tap into its resources because the jewel eyed, narrow mouth, spotted prairie dog might lose some territory.
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ImnoMensa
New Member
Pelosi’s office did not respond immediately for comment.
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Dont expect a response any time soon either.
Democrats have no plan , only criticism.
When told to crap or get off the pot Nancy is going to continue to sit there and pass wind.
The message of the great 110th Democrat majority in Congress is
Here we sit broken hearted, paid our nickel and only fa**ed
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Dont expect a response any time soon either.
Democrats have no plan , only criticism.
When told to crap or get off the pot Nancy is going to continue to sit there and pass wind.
The message of the great 110th Democrat majority in Congress is
Here we sit broken hearted, paid our nickel and only fa**ed
SamSpade
Well-Known Member
About damned time they did this.
I'm still waiting for Bill Clinton's middle class tax cut....