grump once again you state your opinion as fact and then try to bind all to your self imposed conclusion.
Again I and I think lots of other people have read a book based on the idea of what we will find in the book.
Some times we are disappointed and sometimes we are rewarded.
Slavery forms an owned asset. Your property has value to you thus to maintain your value you must maintain the asset. A slave owner would food, house and maintain the life of the slaves or suffer loss.
Wiki has this to say: There is no broadly accepted modern definition of feudalism. The adjective feudal was coined in the 17th century, and the noun feudalism, often used in a political and propaganda context, was not coined until the 19th century. By the mid-20th century, François Louis Ganshof's Feudalism, 3rd ed. (1964; originally published in French, 1947), became a standard scholarly definition of feudalism. Since at least the 1960s, when Marc Bloch's Feudal Society (1939) was first translated into English in 1961, many medieval historians have included a broader social aspect that includes not only the nobility but all three estates of the realm, adding the peasantry bonds of manorialism and the estates of the Church; this is sometimes referred to as "feudal society" since it encompasses all members of society into the feudal system. Since the 1970s, when Elizabeth A. R. Brown published The Tyranny of a Construct (1974), many have re-examined the evidence and concluded that feudalism is an unworkable term and should be removed entirely from scholarly and educational discussion or at least used only with severe qualification and warning.
VLCCF are less than half to going rate of suez under 9,000 and suez actually is making money today at 19000 but I see no way for FRO to have a quarter in the black given how low the rates have been since the last quarter ended. If it gets down to 2.40 area I will buy and hope it does not hit the 2.10 gap lol.
grump wow again lies and distortion from the son of the father of lies I am not surprised.
And of course you like the talking heads set yourself up as source of knowledge on the subject of Fuedalism again more lies. Care to quote any of your sources that you claim to have gotten all your great wisdom from?
Insults of course and name calling to complete your post. But from someone who does not see any value in the lives of those who work for lower wages you would of made an excellent feudal Lord.
Last time I checked Washington, Jefferson, Adams and Madision as well as Lincoln had very little to do with what passes for the Demo and GOP of today.
Most people I know decided to buy a book to read because they believe what is inside of it could be of interest to them and I don't know too many folks who have read the book they have decided to buy but of course they and I are not the GREAT and ALL Knowing Grumpy. I guess living alone can do that to person.
well we are now below 10.50 going right according to history. Anything under 10.25 should make a good return for the ups and downs of this stock. Good luck
http://finance.yahoo.com/blogs/daily-ticker/forget-protesting-mcdonald-s-to-raise-wages--this-is-the-solution-to-income-inequality-145759760.html interesting interview where the guest uses history to point out some pure eco facts of how England was a Feudalism society where all the assets in England were controlled by 20% of the people and how today in the USA we are approaching that number right now.
A country ran by Feudalism can not be a democracy as history has zero example of a Feudalism state that was also a democracy. Depending on the top 20% of the people to take care and provide a hope and life for the lower 80% without any rule or laws from Gov. to make sure that is apart of their goal results in the type of society that England had and those that fled to the "Colonies" were escaping from. The author of this book being discussed went back into history and showed how Washington, Jefferson, Adams,Madison and others all land owners and part of the ruling class also wanted America to be a land were all could be "owners" in this case the vast land of the new world. They wanted to escape a world controlled by Feudalism and the old ways and did to some extent go against self interest when they penned the documents that would be the back bone of our nation. Sadly the idea did not reach reality even when Lincoln some 100 years later gave away 20% of all Gov. land under the homestead act to try to complete the founders idea of individual ownership.
From a Historical point of view the book is a fresh look at how the minds of the founders worked in a new twist. Yes they had it wrong on women rights and slavery but the gleam of fairness and opportunity for all and not just their ruling class was also present in their spirit as well.
Try to watch the video from a non political minds set and from a historical one and discover some interesting things that is suggusted. The book would be a nice read.
scs when Jesus entered Jerusalem on what we call palm Sunday he was welcome as a King. The same mob pleaded for his death less that 5 days later. What the crowd does does not make much of a case does it? Yes more people who identify themselves as Christians vote GOP. Mostly because they have been taught that aboration is murder while capital punishment is not. They believe that #$%$ sexual marriage and lifestyle is sin that they should not only be against but also punish the sinners who live such ways by even not hiring them to work. It has been less than 60 year ago that near half of all churches or maybe even over half taught that Jim Crow laws were "Christian" and that churches should keep the races apart. Those folks at that time were mostly Demo's and today they are mostly GOP. Racism being a huge part of which party they were in and are now to be found. Jesus Christ is Lord period. Not because you belong to the "Right" party but because He is KING.
He states CLEARLY in the New Testament how He wants those who are in His Kingdom to live their lives and how they are to treat others. The mobs who follow Him in various churches in all the different belief's and doctrines that has evolved from TWO COMMANDMENTS like to major in minors and be scribes of the NEW LAW. What they do not want to do is accept JESUS AS LORD.
You think I am left wing because I want to make sure I support a Gov. that feeds children, takes care of the sick and treats all with the same law? I am against abortion but I do not protest or kill doctors nor do I want to put women in prison who have them or force them back to back alley's to get them done. I think #$%$sexual lifestyle is a sin. I do not however believe that JESUS would discriminate against that kind sin anymore than other
sins. He surely would not agree with not hiring them and thus letting them starve to death.
Both parties violate and support Kingdom ways but are NOT IT.
getting ready for summer demand or profit taking as usual. I do not see any great need for tankers to bring oil into the US for this as we get most of our oil by pipeline from US, Canada and Mexico. Our % of oil from middle east is small but world wide oil is going up as well and with higher prices it may signal a greater demand or just USA summer time driving demand moving it up across the board.
Fro is holding around the 2.80 mark next couple of days will be interesting I think.
Lake you see correctly but you fail to see the motive behind that which drives them. Hate, fear, greed and
selfishness are powerful tools used to feed the desires of the flesh. American's are issued a double dose of pig headed we can do no wrong at birth. We all know how bad wrong GW Bush was for his given reason to invade Iraq. Yet to admit that would be to join him in a common guilt. Viet Nam was yet another American Wrong and still the great majority of GOP members deny that stupid, useless and deadly war.
You have seen how Fox news works to shape the minds of those who "want to be true believers" and the power of propaganda has only increased as techno has improved. These right wingers can spread their lies and falsehoods over countless media ways today all with the same drum beat. They have targeted groups of people to dislike and look down or outright hate and told those that follow them it is OK to feel such a way about a group of people. You have seen grump on this board show his elitism and dislike for the poor and he is not alone in how he feels. He judges the merit of a person on their salary and can not bring himself to believe that a person who makes not much money can be a person of better character, integrity and love much better than himself or those "better off", more educatied, more powerful. To the Grumps those are the things that make a person a better human being. A guy like Trump who would get over 45% of the vote if he ran for Pres. on GOP takes advantage of a women who may of known better but Trump wealth does not depend on keeping the sale of one unit so he does not release her. A man of character would of done different. A man who values how others think of him, a man who tries to keep with respect the name he was given at birth. A man who was raised by a man of character would not act like Trump's kind act. Character, integerity, honesty, compassion and yes gentleness are the mark of a man.
Today rates are the worse I have seen. VLCCF are below 9,000 suez is at 13 so it is a little better but FRO is over half in VLCCF. I do not see this quarter full of high rates. Not on a daily basis at least so if FRO contracted some out when the rates were high maybe but I doubt that happened.
The market is not so dumb as to bet only by quarter and the stock price today is what it is because of low rates a sick LT sector and no news lately to suggust a change. Turn around in the sector a real turn around is two or more years down the road. Funny how the talk used to be about BK and now it is about a good quarter???? Most of the reason the stock ran up was because the MM boys made it do its trick. They have not yet decided to blow the horn and make the pig jump over the ball yet. I think you guys who have been buying it down are going to do alright just may have to wait for your money. I am down on my gamble but I am keeping my bet on the table. I will add to it if it goes down a little more. I have been watching for a pattern last week or so and it could be finding its bottom then maybe a wait for any good news to do the big pump. The MM can run it up all by themselves in the face of nothing but unchanged news and they have done it in the past but with Good news to jump start them you see what happened last time they ran it up.
Time is on your side. It will go up at some time.
scs it amazes me that you manage to call me a racist for my stance against New World Order now that would put even fox news to shame. Race has nothing to do with me being against Globalism. If you had actually read my post you might have figured that out but instead you choose to sling some muddy lies at me.
No biggie I have grown to expect nothing less from you.
9-11 should of never happened and it did for a while bring the country together. All the bengazi #$%$ and that is what it is #$%$ is pale to how badly Bush and crew blew the warnings from their own terror expert and continued having a good old ranch meeting. Unlike Bengazi the facts speak loud and clear on 9-11. Clarke warned them the type of attack and who it would come from. He could not target where and when but was cut off and not supported in efforts that may of lead to where and when. After the fact I do not fault Bush for doing what he did in Afghan land but he didn't finish the job before he ran off to attack and invade Iraq which had nothing at all to do with 9-11. Where is the Republican outrage at that screw up. Again much worse than Bengazi and not one word of maybe we were wrong even when they were NO WMD to be found.
We pulled together all right then we flushed ourselves down the stupid bowel of the Bush toilet. It was not about Muslim's or sadam or WMD or Nukes or any other LIE that came out of the white house or stupidity it was about TERRORISM and a small but dangerous group of terrorist. JUST AS CLARKE had warned.
We then spent billions and wasted God only knows how many lives for nothing. We formed a hate for ALL those of Islamic faith instead of seeing the terror threat by a small but growing group within Islam. Instead of working with non terrorist Islamic the radical and almost terrorist right wing politicians all but wanted to declare war on all Muslim's. We only embrace others when they are globalist and their is money to be made.
fallenangel If the USA goes down so does the world. The USA is the largest single financial power out there it is bigger than the EU and on more sound footing. America is not going broke as you put it. It is having a rough season or year I will grant that. The way out is not as hard as our political system makes it to be as political power to the parties is more important to them than the overall well being of the USA.
Even though the USA has the world currency and the biggest market place that EVERYONE Wants in on we Give away our advantages like a kid being rooked by an older kid. Any day American's wake up and decided they want to elect politicans who look out for the USA more than Globalist Corp's and start again to protect American industry who employ in the USA then our current financial situation can be easily revered. We are our worse enemies with our buy on the cheap from china and let Asia and South America take all our good paying jobs. It is not the debt or the budget or the taxes that is the threat to the USA but it is Globalism that rewards money only above Nationalism. Nationalism can get out of control and has in history but when a country cares more about letting others make money off of it than it does it own people that is a war than can not be won. The USA is like a Huge wounded bull. It will take a lot to kill it and if you get too close before it has lost enough blood it will strike you down. Within all that XOM wheels and deals and unlike other Globalist does indeed furnish a lot of good paying jobs to Americans. THey have too as oil and NG is not found and produced where the labor is cheapest but where it is in the Ground.
The 2008 disaster showed that while the USA is not "safe" from depression the world eco of all others is in worse shape than ours. Even with stupid, greedy politicians elected by a brain washed voter the USA is still the bad kid on the block.
scs you are a conservative and a stunch one at that. On most issues you want to "go back into the past" for your fuzzy feelings of what will work. On globalism you embrace the future like a wild eyed liberal embraces change without fear and at times moving too fast just for change sake. History shows that before Globalism
or as GH Bush called it NEW WORLD ORDER came on the picture tariff's and quoto's was the way all nations of the world did business. The whole purpose of that system was to PROTECT the American Business machine and thus the American worker. As the US grew and got rich (due to rising wages of the working class not due to more billionaires) the cost of labor started to bother the Big Corp's to an degree that they begin to find more and more ways to "globalize" first it was textiles then house appliances that were shippped down South of border to be either done totally or parts made and sent to USA for assembly.
This proved a death blow to both those USA jobs and more profit for Corp's. Did you see a big fall off in prices on clothes? Home appliances? No you did not. With NAFTA the door swung open and Yes it was a Demo President that got it down over only Demo opposition. Gone were the good old days and gone was protection of small US businesses and gone was both big and small companies labor wages jobs in the US. It had been the Gov. that for 200 years had protected the US market, US companies and US workers with tarriff's and quotos. All Gone. Enjoy your new liberal Globalism as Clinton pushed it as a great Liberal cause to rise the living standards of those poor foreign workers. He was wrong on that count as the gains have been too small to make a difference as 3rd world countries control by money power what the workers will make and how treated not some new market in the USA. Even if he was right the cost to American standard of living has been too high to pay thus more debt to care for lack of good jobs.
scs it amazes you that you actually believe what you wrote. You worship capitalism. You worship a Gov that bows and scraps before it. Yes the deluded capitalist will indeed chase cheap labor as they have in Globalism. How many cars, TV's, washing machines, stoves do you you think is sold in the global countries that supply the slave labor? Only to the ones who oppress the slaves or work for them as overseers.
You actually want to see that life style in the US? Unbridled Capitalism such as we had before FDR.
Working children, paying blacks and women for even less money than the poorly paid men? Working human beings in unsafe condition because safe ones cost more money? Working people 6 days a week 12 hrs or more a week? That is your idea of what God wants from those in business? It is not. The owners are suppose to not hold back wages of those who toil. They are not suppose to abuse by working them in unsafe conditions or make their life simply about work. Capitalism is not from God scs it never was it is centered on greed alone. Greed is not from God. God does use the Gov to correct those who by greed and other means exploit workers. The Gov. forced wage laws on Capitalism. The Gov made capitalism treat all races and sex the same or is trying too. The Gov. demands what passes for safe working conditions.
You actually think that lower wages will cause the Gov. to spend less on keeping the low wage slaves alive so they can serve their capitalist masters? You live in a dream world. Only if people like you win control of the Gov. and turn your back on the cries of the workers in the field with a Gov that lets them die of hunger and their children as well. Obama did not cause the high unemployment did you miss the Bush caused crash and the recession that cost jobs or just care to add that to your delusions.
It will take Gov to act not capitalism/globalism to bring jobs back and wages.
scs you are correct that OSHA and EPA has keep the US from becoming a 3rd world type anything goes but the real reason is not that it is labor cost. In fact you see many corp's coming back to the US because of lower energy cost. Over half of what EU nations pay and even higher than Asian nations. High energy and skill labor manufacturing are coming to the US again. US labor production is still the best in the world.
Clearly we do not pay skilled labor as much as EU nations do and "high tech" is not produced in US as the US is a vast graveyard of most high tech products as far as production is concerned. Mexico handles most of our kitchen and other electro toys as well as Asia, medical because the sick live here and are overcharged but we do have some manufacturing that is skilled labor and energy high cost.
GDP for tourism is how Grump decided to show the most visited countries for tourism lol. Non of them except Macau has much in the way of any other kind of GDP than tourism. If tourism is so hard to find in Swiss land as Grump wants to prove then maybe milking dairy cows for chocolate is where the min wage jobs are to be found? Bank tellers? Sure not fast food joints or Walmart's . The Swiss are a lot more Nationalist than US folks are. Oh sure USA folks talk about flag waving when they are not cussing the Gov. but when it comes to putting their money where their talk is they go buy Asian or some other slave labor produced goods.
That is not how the Europeans do things for the majority.
Grump can go argue with Henry Ford about higher wages making all richer.
If we cut or did away with the min wage all together I guess Grumpy thinks he could get a big make a quarter cheaper and that the Corp's would just suck up the profits? Capitalism is self defeating in the end if allowed to be pure. Take the richest 100 people let them control all the business and wages they pay as little as they can then who can buy? Ford got it long ago.
Investing in XOM is like putting your money in a bank that will promise to pay you less than other banks in the same town and will not offer you any perks that others do. So why choose XOM as your bank?
Its the biggest and safest bank in my town and thus I feel safer there?
I have over the year sold most of my XOM and went with other newer banks that are not as large but pay more interest on my money and some of them has grown in size a lot. Not sure why Warren decided to go with XOM or how long he will ride the stock out but clearly he didn't do it for dividends. Chart out Chev and Conco and compare to XOM the results over the last 6 or 7 years in dividend payout along make being in XOM a sucker play. Oh they buy back their own shares do they. So! not much help in the price of the stock and paying a little closer to chev would have a much greater return of Investment over the long haul.
But hey you own the biggest bank in town so be proud of that. Not the best to invest in but the biggest.
scs I doubt you support a min wage law but do you think that the current min wage is so high it has driven the better jobs out of the US? Do you believe that min wage where they have been over the last 20 years are responsible for the Global exit of manufacturing jobs that left the US during this time period?
Min wage jobs are not to be found in manufacturing except where Corp's are using illegal workers to exploit them but over 90% of min wage jobs are jobs that can not be shipped overseas but require small amount of training such as the food industry and other low skill and often time hard labor jobs are found.
Grumpy blames Swiss how cost of living on high wages. Think about what he is saying. High wages in a country with no min wage. He suggust high wages is the reason. Not the location of the country and its attraction for banking and tourism and the play ground of the rich. How much manufacturing goes on there?
Those who would get the min wage would be those who work in the service of tourist as that today is where the low paying jobs are found. Clearly a great majority of Swiss did not feel that a min wage as high as the trade unions were going for was something they wanted to embrace. I know that the trade unions are making above that wage now and they were trying to help not themselves but the lower wage earners.
To live in the land of banks and mtns does cost twice what it does in Houston so a min wage of around 14 bucks would be equal to what is paid in Houston. I would think that most lower wage earners in Swiss
land make more than the US min wage right now as do most in New York, SF and other higher cost of living US cities. When you look at the min wage in the rest of Europe it appears to me that the amount asked for the low wage earners was on the high side.
It is sad that I see only protest for a wage for lower wage earners and nothing about those that exploit those folks and cost us money. Denying a fair wage.
grgsvll I am surprised and pleased to see chkr holding up above 11 bucks right now. However there is not much reason given the decline of production results to expect to see the stock reach 13.
I will wait out my 30 day time period required to not lose my last sale loss and then reenter the stock
at the price it is trading out which by then I expected to be in low 10's. Given the strength chkr is today showing that may not happen for as much "spread" as I expected but it is early yet and as marklibera stated all it will take is SA or some other article or downgrade to send the stock headed south. This Trust simply did not develop as chk had said it would and the value was overstated
I do think the payout will be around 1.50 over the next 3 quarters maybe more which should keep it trading between 10-12 bucks for awhile. But just my guess.
scs your idea of local support, family and church has been tried and it failed. Read up on Hoover idea's and you will find they match yours. Simply too many folks need help and the help cost too much. Right now you and I both pay more in "local & State taxes" than federal taxes and you actually think local support is the answer? I have always said I am for making those folks that can work Work and retraining or Training is port of that soluation. Just to tell them to do is a joke. But so is all GOP/tea party ideas. Nothing but stupid talk with no chance of working. All you have ever said is no help. No help to old, to children to single parents to disabled all of which can not work. The small amount of people that are on the dole than can work again you need to invest time and money in making them work. Real immigration reform must be pointed at ALL employeers which includes small individuals who employ or big Corp's and all in between. Not fenses but enforcement of hiring laws will make a BIG difference in illegals aliens coming into the US. The GOP offer nothing but billion of dollars wasted on "Border Security" which does not work.
The Gem I am waiting for is to hear you say that you are willing to spend Federal tax dollars on a soluation that will at least improve things from where they are and at same time protect children, old, disabled and single parents. I doubt I will ever hear that from a guy that thinks like Hoover did. Hoover and Bush both said the private sector was the answer and let Wall street and banks do as they please and we say how that worked. At least Bush did show some compassion more than you do that is for sure. Grumpy of course the father of lies Lied I have NEVER SEEN THE GOP or TEA PARTY suggest what I have please post a site to back up that LIE from a hound of hell.
Last few days lightstream has been moving better than other E&P and better than other Canadian's.
Not to mention the last few months. I was hoping that this stock would catch up o PGH at least and it is closing in on it. ERF has also done well too. If Keystone ever gets built I see even higher prices down the road but for now I feel a lot better about sitting on my loses than I about 3 months ago so for now I hold take the dividend and hope it goes to eight this year. If they would bump up the divided by .01 a quarter that would help the stock price but I doubt they will do that but at least the dividend now should be safe.