From: jcr on 13 May 2007 17:41
> -------- Original Message --------
> From: hc23hc <hc23hc1(a)mac.com>
> Billions of Dollars in windfall profits every
> week. That money is leaving the economy, as far as civilians are
So where are the oil companies sending the money? To the moon?
The money is going to the owners, those who own shares of stock. Which
means the money does return to the economy in terns of earnings. It is
also good for for retirement and 401(k) plans as well. Companies making
money is a good thing...at least if anyone wants to retire someday of
the earnings made by those companies.
IF $4.00 a gallon gas were hurting so much, consumption would drop as it
has historically in the past when gas prices were higher than people
could bear (BTW, Jimmy Carter, A Democrat was in office then). So far,
apparently, the prices haven't reached the point of truly hurting yet.
From: hc23hc on 14 May 2007 11:31
jcr <nos...(a)nospam.com> wrote:
> > From: hc23hc
> > Billions of Dollars in windfall profits every
> > week. That money is leaving the economy, as far as civilians are
> > concerned.
> So where are the oil companies sending the money? To the moon?
Might as well be, as far as you're concerned. Thanks for the big
snip. If you'd read it first, I wouldn't need to explain this to
you. In fact, I'm not going to again, unless you pay in advance at
Better than buying gas, though...
> The money is going to the owners, those who own shares of stock. Which
> means the money does return to the economy in terns of earnings.
No it isn't. None of it returns. It follows the same preferential
trails to the outer limits of the national economy, then evaporates
into subsidy form for the super-rich and so exits the gravitaitonal
pull of earthly money systems, to all intents and purposes. The
boardroom cast-members' problems are not the same as those of common,
ordinary stock-holders, nor those of automobilists.
Their profits are meteoric and monopolistically obtained. How they
behave once they have your money has nothing in common with mom-and-
pop business life.
From: editor on 14 May 2007 11:59
Why is gas $4 in San Francisco - and $3 here in North Carolina? Ever
occur to you that it's hardly because the Arabs and Venezuela's Chavez
love us and hate you? Ever occur to you that it's hardly because
Exxon loves us and hates you? It's TAXES - as in the TAXES Kalifornia
needs to keep the insolvent Illegal Alien State going.
No $4 to park! No $6 admission! http://www.INTERNET-GUN-SHOW.com
From: Michael Ejercito on 14 May 2007 13:52
On May 13, 11:46 pm, Eeyore <rabbitsfriendsandrelati...(a)hotmail.com>
> "Bill Bonde ( 'Hi ho' )" wrote:
> > Brent P wrote:
> > >Jeffrey Turner wrote:
> > > > Eeyore wrote:
> > > >> AirRaid wrote:
> > > >>>http://img248.imageshack.us/img248/935/gasoverfourdollarstp5.jpg
> > > >>>High gas prices
> > > >> You people haven't a clue what high gas prices are !
> > > >> You want to pay less ? Drive a car with better mileage.
> > > > Idiot Reagan supporters backed gutting the CAFE standards.
> > > CAFE could only be a failure. CAFE was an attempt to tell US car buyers
> > > what they had to buy. This doesn't work out well, ever.
> > > CAFE is something supported ultimately by people who want government to > make
> > decisions for them. There has always been a choice to buy cars with
> > > better fuel economy.
> > The obvious answer is higher gasoline prices which encourage people to
> > seek out vehicles that get better mileage.
> It certainly works in Europe.
That is true.
The problem in America is that too many people want to pretend that
they can have whatever they want, whenever they feel like it.
From: hc23hc on 14 May 2007 13:58
Whaddyaknow, Rube Iaccanoza <forging racist hobgoblin> sharted:
> mackerel-crotch lied:
> > Bill Bonde wrote:
> >> mackerel-crotch lied:
> >>> That money is leaving the economy, as far as civilians are
> >>> concerned. Never to return. They will happily charge you $10/gallon
> >>> next week if you go on acquiescing to their bullshit.
> >> How is that money "leaving the economy"?
> > Rapidly,
> It isn't.
Sure it is, Rube-io. Daily. Faster than a speeding Rube on crack.
"The deal would allow the German automaker, parent of Mercedes-Benz,
to shed liability for $19 billion in Chrysler retirement benefits,
which would be shouldered by the new holding company."
"Shed liability for $19 billion..." Which means, in plain English,
$19,000,000,000 of the employee retirement funds has already been
spent on perks and bonuses for unaccountable bosses. It's gone
overseas, right under your nose. Not unlike the Big Oil and
Halliburton model of 'disappearing' money. You'll never see it
Corporate Elvis has left the building.