80% of New orleans is now under water..still rising

FOXNEWS

[janetjanet998]

20 feet high in places..2 huge levee breaks

[southlake_hoosier]

At this point I cannot find anything good to say about the oil companies and our own government's stand relating to them. They are making record profits, and the prices are skyrocketing today again.

I know how important NO is to this country and I agree with your position that it needs to be rebuilt.

I feel sorry for the people there and what they are having to go through.

But the oil companies are killing this country economically for their own greed.

[ChefKeith]

LOL!

[doc30]

Maybe more thought about storm damage will be in the minds of people when they rebuild. Hurricane Andrew did that to south Florida and Katrina will do that for New New Orleans. It will be rebuilt, but it will not be rebuilt the way it was.

[Mr. Mojo]

"When the levee breaks, have no place to stay."

[ChefKeith]

Try here

[Seattle Conservative]

Check the other threads - one was set up yesterday just for that purpose (I think by Howlin')

Thoughts and prayers w you and yours.

[azhenfud]

"But the oil companies are killing this country economically for their own greed."

If Microsoft's Bill Gates were to put the squeeze on computer users - government, corporate, and private - in proportion to the oil companies' squeeze, government audits would fly and suits flung with government crackdowns on Microsoft like white on rice.

[HIDEK6]

I see no reason for my tax money to subsidize their poor choices.

Once the government takes it, it's not your money anymore.

[zeugma]

Once the government takes it, it's not your money anymore.

Correct, but they are spending it in my name are they not?

[CMAC51]

But the oil companies are killing this country economically for their own greed.

As long as you use the oil companies as the scapegoat, you will not be part of the solution. The oil companies are just a creation of capitalism providing necessary goods and services at the highest price the consumer is willing to pay. It is called supply and demand and that is what economics is all about. If you want to fix the problem, it will be those evil oil companies that drill for new oil. It will be those evil oil companies that build the refineries and pipelines. The enemy is not the oil companies, they will supply all of the product they can as long as it is profitable.

The real enemy is whoever or whatever artificially restricts the supply of oil, gas, or other forms of consumable energy. Let them drill, let them build refineries, build Nuke plants, build hydroelectric projects and the cost of energy will fall. Focus on the problem, not the people who will really be part of the solution.

[TheForceOfOne]

You're right. People pay fortunes for rare art, cars, etc.. but of supply and demand. The more common an item the lower the cost.

Drill drill drill....now.

[CMAC51]

Well said!!!

[DogBarkTree]

Well youre just one dignified a-hole

[CFC__VRWC]

I'm sure every skilled oil rig and refinery worker they have has been called in to work around the clock getting the platforms and refineries back on line again.

[right wing]

You explained it so well. Thanks!

[Blogger]

Earthquakes can also come as a result of the pressure of flood water weight. New Madrid is too close for comfort.

[kaktuskid]

At this point I cannot find anything good to say about the oil companies and our own government's stand relating to them. They are making record profits, and the prices are skyrocketing today again.

I know how important NO is to this country and I agree with your position that it needs to be rebuilt.

I feel sorry for the people there and what they are having to go through.

But the oil companies are killing this country economically for their own greed.

Then let's nationalize them all...then you would complain about gas lines

[HIDEK6]

Correct, but they are spending it in my name are they not?

No. They're using it to buy votes and acting like it's their money.

Grow up.

[jmc813]

I'm surmising a ton of New Orleans area supermarkets have canceled their fresh produce contracts and that produce has no place to go so a glut has happened.

You're absolutely right. My restaurant gets a weekly report from our produce/meat suppliers faxed to us every week. We just got ours yesterday and the weather down there has disrupted things greatly. For us, it's a good thing, as produce prices have been very high over the last 8-10 months or so, and the decreased demand is going to drop prices, albeit temporarily.

[southlake_hoosier]

The oil companies would be able to expand their oil production, but why should they?

Every other big business throws money at Congress to get what they want. If they really wanted to expand their drilling all they would have to do is throw some money towards Congress to support their position (lobbying).

But, why would they? If everything stays the same they just make money, and don't have to spend a dime.

I know that the oil companies are not spending.

I agree, lets start drilling, build nuke plants, whatever.

If I remember right, the bill that gives the oil companies billions of dollars does not include opening up new areas to drill, so where is the new oil going to come from?

I also seen that Wal-Mart is donating $1M towards the effort. They don't have to do that, and I am sure they can afford more. But, I don't care, they made the gesture.

Let's see the oil industry do the same. Say, hey we don't want to profit from other Americans misfortunes. They got billions of oil welfare coming their way. They don't need it from fellow struggling Americans right now.