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Obama says new task force will examine gas prices

hypocritexposer

Well-known member
Dang Bush cronies and speculators are causing a market disruption again.

http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-04-21-16-29-39
 

TSR

Well-known member
hypocritexposer said:
Dang Bush cronies and speculators are causing a market disruption again.

http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-04-21-16-29-39

I hope nothing is disrupted keeping Exxon from making their meager profits as I know they have the interest of the average American in mind.
 

hypocritexposer

Well-known member
TSR said:
hypocritexposer said:
Dang Bush cronies and speculators are causing a market disruption again.

http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-04-21-16-29-39

I hope nothing is disrupted keeping Exxon from making their meager profits as I know they have the interest of the average American in mind.

Lower the tax on those foreign profits, you may just see more investment coming home.

as far as I know 15% of nothing is still zero, but 5% of something is still more than zero.

You probably still think GE didn't pay any taxes last year, well they did. 7.5%, but it could have been more if they were not given credits for alternative energy investments.

Some of the biggest alternative energy investors are large oil companies.

Do you think they should be given credits for investing in alternative energy or not?

What does the Tea Party believe? Free market or government intervention?

companies would not pay to influence Government, if Government did not have the power.

Stop giving Government the power.

Regulatory Capture 101
 

TSR

Well-known member
hypocritexposer said:
TSR said:
hypocritexposer said:
Dang Bush cronies and speculators are causing a market disruption again.

http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-04-21-16-29-39

I hope nothing is disrupted keeping Exxon from making their meager profits as I know they have the interest of the average American in mind.

Lower the tax on those foreign profits, you may just see more investment coming home.

as far as I know 15% of nothing is still zero, but 5% of something is still more than zero.

You probably still think GE didn't pay any taxes last year, well they did. 7.5%, but it could have been more if they were not given credits for alternative energy investments.

Some of the biggest alternative energy investors are large oil companies.

Do you think they should be given credits for investing in alternative energy or not?

What does the Tea Party believe? Free market or government intervention?

companies would not pay to influence Government, if Government did not have the power.

Stop giving Government the power.

Regulatory Capture 101

Do I think they should be given credits for investing in alternative energy??? Only if those jobs are to remain in the US. Enough jobs haave been shipped overseas.
Free market without regulation??? Companies like BP would love that. I don't know about the people who lost loved ones or those that live along the Gulf coast. :???: You really think corporations/companies will do whats best for the people instead of thinking about the almighty dollar?
 

hypocritexposer

Well-known member
TSR said:
hypocritexposer said:
TSR said:
I hope nothing is disrupted keeping Exxon from making their meager profits as I know they have the interest of the average American in mind.

Lower the tax on those foreign profits, you may just see more investment coming home.

as far as I know 15% of nothing is still zero, but 5% of something is still more than zero.

You probably still think GE didn't pay any taxes last year, well they did. 7.5%, but it could have been more if they were not given credits for alternative energy investments.

Some of the biggest alternative energy investors are large oil companies.

Do you think they should be given credits for investing in alternative energy or not?

What does the Tea Party believe? Free market or government intervention?

companies would not pay to influence Government, if Government did not have the power.

Stop giving Government the power.

Regulatory Capture 101

Do I think they should be given credits for investing in alternative energy??? Only if those jobs are to remain in the US. Enough jobs haave been shipped overseas.
Free market without regulation??? Companies like BP would love that. I don't know about the people who lost loved ones or those that live along the Gulf coast. :???: You really think corporations/companies will do whats best for the people instead of thinking about the almighty dollar?


Free market with regulations is not possible, think about it for a bit.

If a company has to deal with true capitalism and competition, why wouldn't they think about safety etc? If they didn't, the other companies would to make the sale.

Government intervention is what has screwed things up. picking winners and losers in the name of campaign donations.

Have you ever researched the concept of regulatory capture?

If government didn't have the power, you wouldn't have companies paying to gain influence.
 

TSR

Well-known member
Its very simple, they won't think about safety over the profits, surely you've seen that in history with child labor ,working conditions, etc., they will take their profits and run, saying "We're so sorry, our condolences go out...................
 

hypocritexposer

Well-known member
TSR said:
Its very simple, they won't think about safety over the profits, surely you've seen that in history with child labor ,working conditions, etc., they will take their profits and run, saying "We're so sorry, our condolences go out...................

and a thief in inner city Chicago won't think about safety over greed either, but it seems that the left wants to blame greed on Capitalism, yet give more welfare $$ to the thief in Chicago.

go figure!


What you lefties don't realize is that corruption and theft is not capitalism. And all the redefining of ideologies and words will not make it so.

I realize there is no greed in your socialist utopia, but we are not there yet, so you'll just have to do with capitalist greed for a bit, until we get to what you wish for.
 

TSR

Well-known member
No you are right, corruption and theft is/are not capitalism but capitalism today is, and imo will always be saturated with those two unless they are at least limited, by someone, and a Rambo single-handed, stands no chance against someone like Mobil Oil or Walmart. This is at least in part why governments are instituted among men. Of course governments fall prey also.
 

hypocritexposer

Well-known member
TSR said:
Do I think they should be given credits for investing in alternative energy??? Only if those jobs are to remain in the US. Enough jobs haave been shipped overseas.



TSR, just wondering, but do you think the Government should decide where you spend your vacation money?

Are European holidays a NO NO, or even Canadian holidays?

Who are you or the Government to tell me or a Corporation how or where to spend their profits?

Why not just boycott them?
 

hypocritexposer

Well-known member
TSR said:
No you are right, corruption and theft is/are not capitalism but capitalism today is, and imo will always be saturated with those two unless they are at least limited, by someone, and a Rambo single-handed, stands no chance against someone like Mobil Oil or Walmart. This is at least in part why governments are instituted among men. Of course governments fall prey also.


Capitalism has never been about corruption and theft. Today or otherwise. Capitalism has been redefined by those that do not agree with the premise, and all of society's problems have been blamed on it, without realizing that the opposite of Capitalism brings the same. Adjustments need to made for sure, but it is not the ideology that is faulty, but humanity and the consistent degradation of the law that is supposed to guard against the weaknesses, namely the Constitution.

The US has not seen true Capitalism in many moons. Why?

And why does the left blame all the problems on capitalism, which has not been in existent for many moons?

Think about it for a bit, before you answer.
 

TSR

Well-known member
hypocritexposer said:
TSR said:
Do I think they should be given credits for investing in alternative energy??? Only if those jobs are to remain in the US. Enough jobs haave been shipped overseas.



TSR, just wondering, but do you think the Government should decide where you spend your vacation money?

Are European holidays a NO NO, or even Canadian holidays?

Who are you or the Government to tell me or a Corporation how or where to spend their profits?

Why not just boycott them?

Well if I am giving them the credits/ breaks that is allowing them to profit more, then I think I should have SOME say, especially since it was I (American consumer) that elevated them to their current level for the most part. Where is the most lucrative (at least now) consumer market in the world??? Is it not worth some allegiance, in a material way, to have access to it, after what it has done for you? Maybe one day there will be just one Supermarket chain and one Oil co.
 

hypocritexposer

Well-known member
TSR said:
hypocritexposer said:
TSR said:
Do I think they should be given credits for investing in alternative energy??? Only if those jobs are to remain in the US. Enough jobs haave been shipped overseas.



TSR, just wondering, but do you think the Government should decide where you spend your vacation money?

Are European holidays a NO NO, or even Canadian holidays?

Who are you or the Government to tell me or a Corporation how or where to spend their profits?

Why not just boycott them?

Well if I am giving them the credits/ breaks that is allowing them to profit more, then I think I should have SOME say, especially since it was I (American consumer) that elevated them to their current level for the most part. Where is the most lucrative (at least now) consumer market in the world??? Is it not worth some allegiance, in a material way, to have access to it, after what it has done for you? Maybe one day there will be just one Supermarket chain and one Oil co.

You're not understanding too clearly are you?
 

Steve

Well-known member
In Washington, Holder said he would press ahead with the investigation, even though he did not cite any current evidence of intentional manipulation of oil and gas prices or fraud.

Holder said in a memo accompanying a statement announcing the task force. "It is also clear that there are lawful reasons for increases in gas prices, given supply and demand."

Given that no evidence has yet surfaced of actual fraud or price manipulation in oil markets, Obama's remarks appeared, at least in part, as more of an attempt to assuage public anger over rising gas prices.

so even though it is a waste of Taxpayer money.. he is opening an investigation in an attempt to make the American public less angry at his incompetence?

seems to me Obama should investigate ways to actually fix the problem..


He said when such vehicles become more affordable, "those of you out there driving that 8-mile-a-gallon SUV" should consider a purchase. Otherwise, by buying gasoline that likely came from imported oil, Americans "are putting money in the pockets of people who do not like us at all," he said.

:? :? :???:
 

TSR

Well-known member
hypocritexposer said:
TSR said:
hypocritexposer said:
TSR, just wondering, but do you think the Government should decide where you spend your vacation money?

Are European holidays a NO NO, or even Canadian holidays?

Who are you or the Government to tell me or a Corporation how or where to spend their profits?

Why not just boycott them?

Well if I am giving them the credits/ breaks that is allowing them to profit more, then I think I should have SOME say, especially since it was I (American consumer) that elevated them to their current level for the most part. Where is the most lucrative (at least now) consumer market in the world??? Is it not worth some allegiance, in a material way, to have access to it, after what it has done for you? Maybe one day there will be just one Supermarket chain and one Oil co.

You're not understanding too clearly are you?

Sorry if I misunderstood, but I thought I was answering your 3rd question above.
 

hypocritexposer

Well-known member
TSR said:
hypocritexposer said:
TSR said:
Well if I am giving them the credits/ breaks that is allowing them to profit more, then I think I should have SOME say, especially since it was I (American consumer) that elevated them to their current level for the most part. Where is the most lucrative (at least now) consumer market in the world??? Is it not worth some allegiance, in a material way, to have access to it, after what it has done for you? Maybe one day there will be just one Supermarket chain and one Oil co.

You're not understanding too clearly are you?

Sorry if I misunderstood, but I thought I was answering your 3rd question above.

which question?

Which question did I ask that would make you think that you have any more say than voting?

You voted for those that you thought might change things. You voted for them in 2008 and 2010.

What you haven't realized yet is that the only ones that are determined to change things are the Tea party Candidates, but you won't vote for them because they are supposedly racist. So you will continue to vote for the socialists like Bernie Sanders.

Am I understanding you correctly?
 

TSR

Well-known member
hypocritexposer said:
TSR said:
hypocritexposer said:
You're not understanding too clearly are you?

Sorry if I misunderstood, but I thought I was answering your 3rd question above.

which question?

Which question did I ask that would make you think that you have any more say than voting?

You voted for those that you thought might change things. You voted for them in 2008 and 2010.

What you haven't realized yet is that the only ones that are determined to change things are the Tea party Candidates, but you won't vote for them because they are supposedly racist. So you will continue to vote for the socialists like Bernie Sanders.

Am I understanding you correctly?

Racism has nothing to do with it. Some people I'm sure would classify some of my views as racist. Its ideology, I don't believe in trickle down economics as the amount that will trickle down will be controlled by the trickster at the top who always wants more.
 

hypocritexposer

Well-known member
TSR said:
Racism has nothing to do with it. Some people I'm sure would classify some of my views as racist. Its ideology, I don't believe in trickle down economics as the amount that will trickle down will be controlled by the trickster at the top who always wants more.

Admit it, you won't vote for a tea party candidate, because they are racist.

Everyone knows they are racist.

They disagree with many of obama's policies, which make them racist.

How about trickle down tax dollars, do you believe that 50% of people don't pay federal taxes and that the other 50% pay for all social welfare?

Why not research how much those that don't pay taxes gain from those that do.

Would it surprise you to know that the "rich" receive back 1.4 to 1 of their tax dollars, while those in the lower income brackets receive 8 to 1 back?

Is that unfair?
 

Tam

Well-known member
So TSR tell us again what do you think of GE taking bailout money after shipping 20,000 US jobs overseas, hiding income in foreign banks and taking tax credits to avoid paying their fair share of taxes in the US? Add to that what do you think of the CEO of GE giving Obama advise on how to fix the US economy after all he has done to boost the profits of GE?
 

hypocritexposer

Well-known member
Tam said:
So TSR tell us again what do you think of GE taking bailout money after shipping 20,000 US jobs overseas, hiding income in foreign banks and taking tax credits to avoid paying their fair share of taxes in the US? Add to that what do you think of the CEO of GE giving Obama advise on how to fix the US economy after all he has done to boost the profits of GE?

Tam, I know you are looking for an answer from TSR, but do you really think he is going to acknowledge that GE and Google just set up the largest windfarm in the world, at taxpayer expense?

He's probably still complaining about them not paying any taxes and not "re-investing" in the US.

"Tax the corporations"

"Tax the rich"
 

okfarmer

Well-known member
Its very simple, they won't think about safety over the profits, surely you've seen that in history with child labor ,working conditions, etc., they will take their profits and run, saying "We're so sorry, our condolences go out...................

The issues with child labor laws/safety and taxation idealologies are two different issues.

Safety laws are not designed with the thought of altering economics like taxation does.

Safety in today's world is pretty important to all business' I have been involved with. Injured employees cost the company significant amounts of money. There are: medical bills, possible law suites, having to replace the employee while gone- either with overtime or training someone new, liability insurance, workers compensation, etc....

Also, a company that I operated heavy equipment for several years back, safety was the number 1 most important item and they took pride in it. It affected the sale of their product. Their business partners/customers wanted to know their safety record.


As far as companies becoming too large: If a company has limited competition, and there is not government interference giving them an upper hand, then it would tell me that the consumers are getting the best deal possible. If the company is attempting to take advantage of consumers by providing services, or goods above the market level, this would provide a stimulus for competition.

An example: locally we have a grain elevator company that has bought out several competetors in our surrounding area. They have even closed some elevators down funneling the grain into more centralized locations. They then lowered the price that they would give to purchase grain and raised the bar on quality they would except.

Some farmers started grazing out more cattle, most farmers on the edges started using other elevators, some central farmers started driving to the outer edges to sell their product for an increased profit (cutting the profits of the local elevator at the same time), and there will likely be a new co-op elevator constructed in the middle of the region (also known as competition). And I can promise you that they will be supported well. Who knows, they may be profitable enough to expand. The farmers will get market value.

Once there is a profitable market available, someone will take advantage of it.
 
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