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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Author Message
  Topic: Fed Bailout marks beginning of end of Pax Americana
Byron100

Replies: 18
Views: 458

PostForum: Americas Discussion   Posted: Fri Jul 25, 2008 5:59 pm   Subject: Re: Fed Bailout marks beginning of end of Pax Americana
I think all of us are going to have to come to grips with the fact that America is doomed as a country. Totally and utterly doomed, as in no more USA kind of thing.

Perhaps this is some nefariou ...
  Topic: Given a Shovel, Americans Dig Deeper Into Debt
Byron100

Replies: 33
Views: 1077

PostForum: Economics & Finance   Posted: Fri Jul 25, 2008 3:50 pm   Subject: Re: Given a Shovel, Americans Dig Deeper Into Debt
You gotta pick one or the other, though...

No, I do not support dictatorship. Sorry. I just don't. Mad

I don't either, but that's what we're going to get in the USA in the coming years. That ...
  Topic: Given a Shovel, Americans Dig Deeper Into Debt
Byron100

Replies: 33
Views: 1077

PostForum: Economics & Finance   Posted: Fri Jul 25, 2008 5:58 am   Subject: Re: Given a Shovel, Americans Dig Deeper Into Debt
Maybe we should just ban consumer credit and be done with it?

+1

To me, allowing the "unwashed masses" (like the woman in that vid) to have virtually unlimited access to credit is like allowin ...
  Topic: Confessions of a Grocery stocker .
Byron100

Replies: 86
Views: 4839

PostForum: Peak Oil Discussion   Posted: Fri Jul 25, 2008 5:02 am   Subject: Re: Confessions of a Grocery stocker .
A question from a dumb European:

are they shrinking boxes but leaving the price as it is????
Shock Shock

This is illegal here. You must write the price per kilo by law. So people can do ...
  Topic: Housing & Economic Collapse - In Progress - #2
Byron100

Replies: 1422
Views: 78771

PostForum: Economics & Finance   Posted: Fri Jul 25, 2008 4:24 am   Subject: Re: Housing & Economic Collapse - In Progress - #2


----

It is going to get worse, much worse. Notice how the stock market has barely moved up in response to this bailout. Today, even, it went down. This bailout is the beginning of the end. ...
  Topic: US food groups plan hefty price rises
Byron100

Replies: 65
Views: 2136

PostForum: Economics & Finance   Posted: Fri Jul 25, 2008 4:02 am   Subject: Re: US food groups plan hefty price rises
Wow...after reading that last post, I can certainly see why you have so little faith in government to solve the problem of the day. Evil or Very Mad

So, what happens if the water really does run out...ev ...
  Topic: Given a Shovel, Americans Dig Deeper Into Debt
Byron100

Replies: 33
Views: 1077

PostForum: Economics & Finance   Posted: Fri Jul 25, 2008 3:56 am   Subject: Re: Given a Shovel, Americans Dig Deeper Into Debt
Maybe we should just ban consumer credit and be done with it?

+1

To me, allowing the "unwashed masses" (like the woman in that vid) to have virtually unlimited access to credit is like allowin ...
  Topic: US food groups plan hefty price rises
Byron100

Replies: 65
Views: 2136

PostForum: Economics & Finance   Posted: Thu Jul 24, 2008 8:05 am   Subject: Re: US food groups plan hefty price rises


----

Unfortunately, the problem with societal collapse - either financially or environmentally or both - is that the good get washed away with the bad. The individual lives in society. It is ...
  Topic: Hynix closing facility in Eugene, Oregon...
Byron100

Replies: 13
Views: 687

PostForum: Current Events   Posted: Thu Jul 24, 2008 5:41 am   Subject: Re: Hynix closing facility in Eugene, Oregon...
Another scum bag Benedict Arnold company. Don’t worry, anybody who speaks English as their first language will be unable to understand the people in Bangladesh they are hiring to take their place. T ...
  Topic: US food groups plan hefty price rises
Byron100

Replies: 65
Views: 2136

PostForum: Economics & Finance   Posted: Wed Jul 23, 2008 9:26 am   Subject: Re: US food groups plan hefty price rises
Don't go around preaching die-off for tomorrow. People get around, and they find solutions. Read the posts in the thread: more expensive food = more incentives to produce food = more food produced. Ju ...
  Topic: US food groups plan hefty price rises
Byron100

Replies: 65
Views: 2136

PostForum: Economics & Finance   Posted: Wed Jul 23, 2008 9:10 am   Subject: Re: US food groups plan hefty price rises
Once the baby came and it was time to do some parenting I realized how hard it is to get some of that stuff done. Parenting done right is a full time job all by itself.

I've gone from having a full ...
  Topic: US food groups plan hefty price rises
Byron100

Replies: 65
Views: 2136

PostForum: Economics & Finance   Posted: Wed Jul 23, 2008 8:54 am   Subject: Re: US food groups plan hefty price rises
When I hear stories like this, I can only hope that the Age of the Corporation is drawing that much closer to its inevitable end. I would love nothing more than to see a huge, debilitating increase i ...
  Topic: You got a Friend in Pennsylvania
Byron100

Replies: 10
Views: 283

PostForum: Welcome   Posted: Wed Jul 23, 2008 6:49 am   Subject: Re: You got a Friend in Pennsylvania
Hey there, first post hello from pennsylvania...

Im just a fiddle player / luthier who spends too much time in the stock market... Great to be here, the discussions seem very well informed...

...
  Topic: Asperger's Syndrome
Byron100

Replies: 20
Views: 704

PostForum: Psychology   Posted: Tue Jul 22, 2008 12:05 pm   Subject: Re: Asperger's Syndrome
They just never learned to lie compulsively and put on an act. From my experience that's the only way to get along with people. At a party and can't think of anything to say? Just make up an interesti ...
  Topic: Slavery by another name
Byron100

Replies: 20
Views: 649

PostForum: Book/Media Reviews   Posted: Mon Jul 21, 2008 6:28 pm   Subject: Re: Slavery by another name
I really, really, REALLY hope humans become extinct before we go back to the age of slavery, as there is just no point in being human if most individuals have to live sh*t lives. And I mean this, wit ...
 
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