Does the economy have you nervous?

[richierich75 10+ year member]

The main issue with oil prices is global demand retard. China and India are industrializing at an alarming rate creating a huge spike in demand for oil. So when OPEC refuses to increase supply, the price must increase. There are other issues as well, but president Bush does not directly fit into any of them.

and our foregin relations and foreign policy that Bush has put in place have nothing whatsoever to do with anything

 

[mokedaddy 5,000+ posts]

flip has made many valid points and has proven his intelligence; you on the other hand have done of the such.
I will agree, Bush is not the TOTAL problem; he's just the head of it.

Incase you missed it the last fews time I have posted this...

http://www.usatoday.com/money/industries/energy/2008-06-09-saudis-oil-prices_N.htm

Madani said that the kingdom has informed "all oil companies it deals with, as well as countries that consume oil that (the kingdom) is ready to provide them with any additional oil they need."

The kingdom will work to ensure there will be no "unwarranted and unnatural oil price hikes that could affect international economies, especially those of developing countries," Madani said.

"There is no justification for the current rise in prices," he said

So tell me again why there is a "shortage" when the largest producer says they don't know why and they are willing to produce as much as necessary...

How does this prove Bush is behind the high gas prices, again being as how its a world wide problem?

Not to mention because some guy that wants to get in the paper said it so it must be true.... C'mon even you should know better than that.

 

[Tiger Bass 5,000+ posts]

flip has made many valid points and has proven his intelligence; you on the other hand have done of the such.
I will agree, Bush is not the TOTAL problem; he's just the head of it.

Incase you missed it the last fews time I have posted this...

http://www.usatoday.com/money/industries/energy/2008-06-09-saudis-oil-prices_N.htm

Madani said that the kingdom has informed "all oil companies it deals with, as well as countries that consume oil that (the kingdom) is ready to provide them with any additional oil they need."

The kingdom will work to ensure there will be no "unwarranted and unnatural oil price hikes that could affect international economies, especially those of developing countries," Madani said.

"There is no justification for the current rise in prices," he said

So tell me again why there is a "shortage" when the largest producer says they don't know why and they are willing to produce as much as necessary...

Investors last month shrugged off news that Saudi Arabia had increased production by 300,000 barrels a day after a visit from President Bush, who sought a major production increase.

This says Bush is trying to decrease oil prices...//content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif

 

[mokedaddy 5,000+ posts]

and our foregin relations and foreign policy that Bush has put in place have nothing whatsoever to do with anything

Please provide sources saying its foreign policy making gas high, when its higher in other countries than here.

 

[Tiger Bass 5,000+ posts]

I'm going to say this again. The known reasons for rising gas prices include mostly market reasons (supply and demand, investors manipulating futures, etc), not President Bush or the war.

 

[mokedaddy 5,000+ posts]

I'm going to say this again. The known reasons for rising gas prices include mostly market reasons (supply and demand, investors manipulating futures, etc), not President Bush or the war.

Please note that only inflates the price not sets it. There is a distinct difference in that inflating the true value does not usually last when the true value is already high. It will also speed up the 'bursting' of the bubble so the speak.

 

[bigbangtheory 5,000+ posts]

Op is worried about the economy on 140 k between his wife and him, lol! Amazing!

Maybe you should take your two jet ski's and sell them to someone who don't worry so much.

Also take that 100 dollars you don't care about and shove it straight up your ***!

Me and my wife make about half of what you do. We have our nice things and I have plenty of money in the bank from a house I flipped and sold a few years ago. In the three years, I haven't touched that money really and have just added too it. We have 3 kids and live in a nice apartment complex and do the things we want to do, but we still watch our monies to a degree. We don't seemed to be as worried about the economy as much as you are and your 140k pay between the two of you. Some people amaze me. Who gives a shit what you think, what about people that barely get by?

 

[Tiger Bass 5,000+ posts]

Please note that only inflates the price not sets it. There is a distinct difference in that inflating the true value does not usually last when the true value is already high. It will also speed up the 'bursting' of the bubble so the speak.

The compromise between supply and demand is generally what sets the price of a good.

 

[mokedaddy 5,000+ posts]

The compromise between supply and demand is generally what sets the price of a good.

This is true.

 

[brtnboarder3241 5,000+ posts]

dont know if this was posted just saw it on yahoo

http://news.yahoo.com/s/ap/20080626/ap_on_bi_st_ma_re/wall_street

 

[Slammed 5,000+ posts]

Op is worried about the economy on 140 k between his wife and him, lol! Amazing!
Maybe you should take your two jet ski's and sell them to someone who don't worry so much.

Also take that 100 dollars you don't care about and shove it straight up your ***!

Me and my wife make about half of what you do. We have our nice things and I have plenty of money in the bank from a house I flipped and sold a few years ago. In the three years, I haven't touched that money really and have just added too it. We have 3 kids and live in a nice apartment complex and do the things we want to do, but we still watch our monies to a degree. We don't seemed to be as worried about the economy as much as you are and your 140k pay between the two of you. Some people amaze me. Who gives a shit what you think, what about people that barely get by?

bigbang is in a good mood today //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[bigbangtheory 5,000+ posts]

bigbang is in a good mood today //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

I tried to be nice, honestly.

 

[Slammed 5,000+ posts]

//content.invisioncic.com/y282845/emoticons/tongue.gif.6130eb82179565f6db8d26d6001dcd24.gif

 

[Rmsanger 10+ year member]

the economy is a mess...I own my own business and am part of a 100M+franchise system,,,,,,,most are down 35-40% in gross sales...The good thing is these hard times will shake off the bad apples from the trees and put out of business all the bums and poor business people I consider competition

Winnar... I think somebody actually paid attention in their Econ classes. Recessions and competition help drive long-run efficiency in the economy by reallocating resources based upon their best usage.

 

[reid1boys 10+ year member]

Op is worried about the economy on 140 k between his wife and him, lol! Amazing!
Maybe you should take your two jet ski's and sell them to someone who don't worry so much.

Also take that 100 dollars you don't care about and shove it straight up your ***!

Me and my wife make about half of what you do. We have our nice things and I have plenty of money in the bank from a house I flipped and sold a few years ago. In the three years, I haven't touched that money really and have just added too it. We have 3 kids and live in a nice apartment complex and do the things we want to do, but we still watch our monies to a degree. We don't seemed to be as worried about the economy as much as you are and your 140k pay between the two of you. Some people amaze me. Who gives a shit what you think, what about people that barely get by?

Couple of things. I didnt say that I couldnt sleep at night due to worrying about the economy.

The 100 dollars I was referring to was to point out that saving 100 hundred dollars in the short term doesnt mean jack, and that the person commenting about buying a scooter was missing the entire point of the thread.

And you will have to excuse me for not falling down and crying for those that make less. i was married at 18 and had 2 kids by 21. I didnt get any help from anyone for anything. So if you arent happy with where you are in life, do something about it.

When people in my area were rushing to sell their homes to buy a 4-500k house, I sat tight and was fine with the home I have been in with my small mortgage.

And because we make a decent living I am not supposed to be concerned about the economy? What is your point to this???

We don't seemed to be as worried about the economy as much as you are and your 140k pay between the two of you. Some people amaze me. Who gives a shit what you think, what about people that barely get by?

For some reason my concerns mean less because i am in the upper income bracket? I am not supposed to be concerned?

What about those that barely get by? Go to school after working all day like I did. Work hard to get out of that shitty job.

So take that and shove it up your ***.