Posted on 05/08/2008 4:40:27 AM PDT by moneyrunner
Click on the link to check gas prices in Europe. And take a look at other factors regarding the cost of gas.
And what happended to the Great Depression we were promised? Whatever happened to the Great Depression? Not the real one from 70 years ago, the lost decade of unimagined misery and Steinbeckian angst, the worst period in the history of modern capitalism. I mean the replay we were promised this year.
I don’t know about you but I feel a bit cheated. There we all were, led to believe by so many commentators that the sub-prime crisis was going to force the United States into a new era of dust bowls and breadlines, a slump that would call into question the very functioning of the capitalist system in the world’s largest economy. Carried away on the surging wave of their own economically dubious verbosity, the pundits even speculated that this unavoidable calamity might presage some 1930s-style global political cataclysm to match.
(Excerpt) Read more at moneyrunner.blogspot.com ...
"The media promised a depression and all we got was yet another lousy quarter of economic expansion."
THIS IS NOT WHAT WE ELECTED THEM FOR! oh, that's right, they arn't public officials, even though they act like it...
I am so sick of being compared to Europe. The US is vastly different than Europe in many ways. One is the distance needed to travel to get goods across the area. We do not have a train system as connected as Europe. There are no where NEAR the tractor trailers on the road there. They don’t consume as many gallons of gasoline that we do. There is no reason we should have the same gas price if the almighty supply and demand rule applies. So we are supposed to sit back, consume how many times more the gas and still say “Well, it’s not as bad as Europe. Too bad I don’t have a train to jump on”.
There, fixed it.
AMEN!
It could be a lot worse? You mean, “it will be a lot worse.”
What new measures are being done to remedy the insufficient supply of oil? That’s a real question, not rhetorical. Will someone please tell me?
I have a suggestion that will lower the price of crude oil per barrel by $20 to $30 OVERNIGHT.
President Bush comes out and says as a national security matter he is issuing executive orders concerning the oil supply shortfall. ANWR, sites off the continental shelf on both shores, new sites in the Gulf of Mexico WILL be opened to the oil companies for exploration and extraction of oil.
Also, to head off the argument of “not in my backyard” it will be federally mandated that at least two new refineries are to be built in EVERY state. All the constriction rules, regulations and hundreds of permits needed to do so will be under immediate and swift review.
When speculators finally see the United States has a leader who will act decisively the price of oil will plumment.
Where is our President?
Yeah, we could elect a government that would add the taxes on fuel like Europe does.
LOL
Ethanol defended by President Bush
"As you know, I'm a ethanol person," he (Bush) said, explaining his belief that it can help reduce U.S. dependence on oil. "It makes sense for America to be growing energy."
"My momma told me life is like a barrel of ethanol."
Trains in the US were regulated and unionized out of existence in the 50s-60s-70s ... I am surprised that they were able to survive at all. (I did a master’s paper about the problems) I really didn’t expect that any US trains would be able to survive this long.
Thank the ICC and unions for this.
Look you dolt, President Bush has defended Ethanol,but he has also enouraged oil exploration in Alaska and other energy avenues.
Look you dolt, President Bush has defended Ethanol,but he has also encouraged oil exploration in Alaska and other energy avenues.
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL!
ROFLROFLROFLROFLROFLROFL!
Yep. The "pres" is out there everyday pushing for drilling and new refineries. LOLOLOLOLOL
I just noticed your tagline: "President George W. Bush, the best President in my lifetime."
That makes you about nine years old.
Thanks for the article. I feel much better about paying $4 a gallon.
Were you in the armed forces? Did you fight for a "new America"?
Does your chest swell with pride to know that Bush believes that he was destined to lead us to a "new America"? One where "We're a major source of Latin music, journalism and culture."?
Bush couldn't care less about the price of gas for us. He couldn't care less that his policies have left us vulnerable to an invasion of over twenty million illegals. Hell, he encouraged it.
He couldnt think his way out of an empty pool.
.....<
| We are now one of the largest Spanish-speaking nations in the world. We're a major source of Latin music, journalism and culture. Just go to Miami, or San Antonio, Los Angeles, Chicago or West New York, New Jersey ... and close your eyes and listen. You could just as easily be in Santo Domingo or Santiago, or San Miguel de Allende. For years our nation has debated this change -- some have praised it and others have resented it. By nominating me, my party has made a choice to welcome the new America. Our future cannot be separated from the future of Latin America. As I speak, we are celebrating the success of democracy in Mexico. George Bush from a campaign speech in Miami, August 2000. |
Here is an excerpt of a good critique of that speech:
In equating our intimate historic bonds to our mother country and to Canada with our ties to Mexico, W. shows a staggering ignorance of the civilizational facts of life. The reason we are so close to Britain and Canada is that we share with them a common historical culture, language, literature, and legal system, as well as similar standards of behavior, expectations of public officials, and so on. My Bush Epiphany By Lawrence Auster
I see we have our quota of Bush haters out there. There are always people who, if you disagree with them in one thing, will disagree with you in all. I am finally old and mature and wise enough to know that my thought and belief twin does not exist. As for President Bush, he has done many good things and some not so good. He has seen the Islamofascists threat clearly and realized that it required a military solution, not a police one. He has been steadfast in this belief and has not wavered even when it cost him his popularity and most of his reputation.
He pushed for lower taxes and got them passed.
He proposed overhaul of the social security system – which is absolutely required - and failed to get it passed.
He proposed more exploration for oil and gas and was blocked by the environmentalist lobby.
Because he is not the “Great Communicator” and because so much of the media and Hollywood are anti-American he failed to unite the American people behind the war. It remains to be seen if the military is able to win the war without the wholehearted support of the American people.
So back off this weak echo of Bush Derangement Syndrome and grow up. The man is a flawed human being like the rest of us, but on the whole I thank God that he has been our president during his terms in office instead of his opponents.
I know that we are not Europe and share your resentment of being told we should be more like Europe when in reality they should be more like us. BUT Europe is a fairly large area (look at a map) and has lots of people (more than the US) and uses trucks to haul all their stuff around (they don’t transport a lot on bicycles). My point was not that $4 gas is not financially painful; it was simply to point out that we have it better than they do. And that $10 gas is not the end of the world but something with which people can learn to cope. The buses in our area are still running near empty. On the other hand, I saw my minister on a bicycle the other day.
What I resent is the politicians who are satisfied to keep it that way by blocking exploration for more domestic fuel, by blocking the greater use of coal, and by proposing pie-in-the-sky “alternatives” as if that would solve our problem in the short run.
Look, if tomorrow General Motors produced a car that ran on water, it would not solve our gasoline problem. There are about 250 million cars in the US. How many people are willing and able to immediately scrap their old cars (for zero value, remember they run on gas) and buy a new car? Look around you. The worldwide auto industry could not even replace all the cars we have in less than 15 years! So those “alternative” energy sources - none of which have yet to be produced commercially – are not going to provide an answer for a generation. Meanwhile the Chuckie Schumers in congress are happy to have you paying through the nose because they are rich and want the votes of the environmental Luddites who want you to freeze in the dark.
Good thing about Doomsday: It’s always “just around the corner.”
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