Most of the people here learn from watching TV. I pity you deeply. You have no idea how easy it is to scoop up the oil slick at any time. BP is first focused on controlling the leak. Then they can easily take a few tankers a week or so and vacuum the oil slick through their filtering process and remove over 95% of the oil.
Sad to see how powerful TV is these days.
Wow. I'm impressed with you "mikecart1."
A quick glance at some of your previous posting shows that you're:
a body builder, "bigger than 95% of
people at gyms"
independently wealthy (you just dabble in stocks for fun)
you're getting an MBA and claim you already have expert knowledge on accounting
you're a nuclear engineer
All this, and (according to your profile) you're just 26-years-old!
And that's just what I learn about you from a few random clicks on your previous posts!
I wonder what else I'd learn if I spent time digging?
(I'm calling you out on your BS -- in case you don't understand the sarcasm above.)
I know some of oil and more of engineering. If it is so damn easy, then why is it not happening. You have to get out infront of the problem and its effects. You dont wait for the house to fill up with crap when the septic quits before you even attempt (in all honesty) to clean it up!
You are the moron.
What makes the comment dumb is to say that it is obvious that the government does not want to stop the leak. You might say "I have this nutty idea that the government doesn't want to stop the leak", but you can't say its obvious unless at least a sizeable minority of people agree.
none except what in some mutual funds.
Cramer? who's Cramer? I'm not the type to listen to some moron on cable or CNBC.
I’m a long term guy. CNBC is for short term traders. I tried to help out a friend the other day, directing him to Dave Rosenberg. He came back with “I listen to some guy on CNBC”. I knew at that point there was no helping him. He talks big when the market is rising and gets real quiet during the drops.
We are in a deflationary credit contraction. Money can be made but its much tougher than during a normal market.