There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers
And the price of a barrel of oil, relative to inflation, has drifted above and below a standard for the last 30 years. While you protest speculators who "got rich stealing from Grandma" (my paraphrase), there are just as many who lost. That is the nature of speculation when something does not always go upLet me ask you some thing does and i don't mean to sterotype anyone but I notice what could be a reading comprehension problem with some not all conservatives the reason I bring this up is the article I quoted said the price of oil to increase as much as 50% and then I added doesn't that suck? Lets say the article was wrong and speculation only added 20% to the price of gallon would that still suck? What is youre honest opinon?
Please don't be offended but I think maybe some of the protestors might be upset by some thing called speculation, Did you know that people of means can buy oil, never touch it,smell it,store it or do any thing more then hold on to it until they create an artifical shortage and then sell it at a huge profit? That profit causes the price of oil to increase as much as 50% doesn't that suck?
I don't claim that every rich person steals by speculating but it makes you wonder if they were some how not involved in stealing the heat from someone's grandma's house or the food from some poor kid's table. Any how you are not involved in that type of
thievery are you? If I was I would be more then happy to help those less fortunate then myself, I mean I could have been without being remotely aware of it. Just in case I made a donation to OWS
Its not just "drill baby drill". Its build nuke plants. Its clean coal. It sure as heck is not dumping money down green energy rabbit holes like Solyndra. We will transition to other forms of energy when it is cost-effective to do so. The market will make that happen all on its own. In the meantime, importing 40% of our oil is the single biggest base root of our unemployment, via trade deficit, out there.Lets see you think that the Presidents energy policy is FUBAR, and you really think that drill baby drill is the answer? Do tyou think that more oil will curtail speculators? Do you think that we will ever run out of oil for the drill baby drillers to drill and when we do would you rather have some in the ground that we can drill for or would you rather be paying opec prices. Lets say that life essential need products "oil being one" speculation is regulated would that mean that we should sit by idily and wait for other alternative fuels to be developed? Look into the future the one that you and I may not be part of and think hard about what those who will be part of that future need to survive
We have had highly prosperous economic times all through decades of speculation in the commodities market, btw. It ain't speculation that ills us.
Last edited by Eighty Deuce; 10-09-11 at 11:51 AM.
this very rich man is advocating a fair tax system which places more of the tax burden on that few who gain the most from the richness of the USA ... even tho such a measure would be to Buffett's personal financial detriment. many of us appreciate that he is not a self serving rich bastard ... plenty of those in the republican party, as well as the demo party. which is why this occupation is about social issues of disparity rather than a partisan one
and Buffett himself has stated that we are in the midst of a class war and the rich are winning. he would have an excellent vantage to make such a valid observation. again, one which is other than self serving to him
"hoe" grade whores. Ones that'll take out theiir dentures and give you a "gum job" for $10 extra.
“I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.
It wasn't Reagan, or the GOP, or any President that ruined the unions. It was their own sloth and non-competitiveness.
The truth is painful to libs at times though.