My solution may be but a temporary fix but it is one I am going to give a shot. Like any good globalist when the scenery begins to suck......expatriate......as in move....as in Yogi is returning to the motherland......I have switched to the BP.L site (that is British Petroleum) on Yahoo UK.....evidently the Yahoo wonks have not FUBAR that nations message board as of yet.......besides it may add a more international flavor to discussions and oil is as much on topic as Fat Fannie these days. SIte is pretty slow for now....just needs an american invasion to spruce it up IMHO
ain't it. lol.....reading "Rough Crossings"....or trying to.......have about a dozen teenagers about the house this evening.....
Volkswagen has brought back the VW Rabbit....will be on showroom floors anyday now if not already........on the other side of the pond GM hopes to add some really neat pimped out features to the Hummer.....such as a mickey d burger holder and newly updated chrome this and that. lmao
and that leaves Yogi......24 years trading, BS Economics, BA History, BA Political Science, MS Finance, presently working on Phd in History at Rice University and I might add going blind from trading screens and reading all day long.....complexion is getting rather pasty too. lol
just life in the oil patch....i did not see anyone bitching and moaning from 1980-1998 when the industry tossed 80% of its infastructure in the can. (far more jobs lost than in the US auto or steel industries during the same time peroid) The US oil industry lost more than 1,000,000 jobs between 1986-1992....ya'll are off chasing rabbits and ghosts....if it were not a ME war it could have been a hurricane (still may be one of those too).......maybe then you can surmise that Glodman payed off mother nature and conspired by going long NYMEX oil contracts. lol
you will need to read it in its entirity to garner the full benefit....the opening pages are basically a primer for what will transpire if change does not occur.....the balance in the hope of change with detailed plans
$3 gas is dirt cheap....try $6-8 in EU land.
Investment bankers do not control the worlds oil.....much is controled by nasty little kingdoms.....after that supply and demand control the situation.....Yogi forcast $80 6 years ago right hear on Yahoo and the target was 2005-2006.....Yogi also promises $100 oil in 36 months or less and $150-180 oil in 60-84 months barring severe recession or new miracle technology that is amazing put in place and up and running.
Realize the world is growing....China and India are a blaze in economic growth and they are driving commodity demand.
if ya want a solution that will cause america to be in a position to become a disinterested party in the middle east, come up with a viable replacement for oil within the domestic economy...till then all the fussing in the world will not change reality one bit.
read the article closer....worker accounts would be fully annutized by age 67 and those who pass before age 67 will have their accounts bequeathed to family members. page 247 Jl/Ag St. Louis Federal Review.
i actually found the article to make quite a bit of sense and to have a rather positive spin......realize the current status qup is a dead end street.
found some tax receipts for my grandparents place the other day.....their house was nice for its day here in Houston.....taxes ran from $18-$42 from the 1930s to mid 1940s........my have times changed....that same property today would generate between 15-18k in annual tax revenues (it is still residential) seems the government made a wise investment in taking over the operation of the nation.
property taxes are a killer everywhere.......out here they can run as much as a house payment.....ie the property belongs to the state and if you do not pay you will be tossed off the state's land. peasants have to be held in check with a firm hand it would seem.
agreed, but what i did find useful was his tie in to Chinese savings and support of direct foreign investment coupled with tax reform, social security reform and health care/medicare/medicaid reform. His proposals go a long way towards solving some of the nations most pressing concerns. I really would like to see this take hold in DC. Personally I have envisioned all three of these reforms in the past and think they are most worthwhile as it is painfully obvious even to the general public that we are going broke.