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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: Matt Simmons uber doomer on CNBC
TommyJefferson

Replies: 82
Views: 5363

PostForum: Current Events   Posted: Mon Jul 14, 2008 1:12 pm   Subject: Re: Matt Simmons uber doomer on CNBC
The Republican Party is not conservative.

It is controlled by fascists.

Fascism is a form of leftist collectivism.

In America today Libertarians are the only conservatives.
  Topic: Garden update - drought survival
TommyJefferson

Replies: 59
Views: 1556

PostForum: Planning For The Future   Posted: Sun Jul 13, 2008 7:06 pm   Subject: Re: Garden update - drought survival
Fence is being improved with 1" x 3' chickenwire in addition to the 5' reinforcing wire.

I saw the chickenwire along the bottom of your hogwire. What are you trying to keep out? I'm suffering rab ...
  Topic: Metal thieves may derail the future of trains
TommyJefferson

Replies: 45
Views: 2094

PostForum: Current Events   Posted: Sun Jul 13, 2008 11:57 am   Subject: Re: Metal thieves may derail the future of trains
Yesterday I sold metal at the recycling yard. I got $58 for an old water heater, an old oven, and an old washing machine.

I got $9 for a handfull of copper tubing and an old street sign (aluminum) ...
  Topic: THE Freddie Mac & Fannie Mae Thread (merged)
TommyJefferson

Replies: 136
Views: 3516

PostForum: Economics & Finance   Posted: Sun Jul 13, 2008 10:43 am   Subject: Re: Fannie, Freddie Losses Make Them `Insolvent,' Ex-Fed Pre
It would simultaneously make the federal government a lien holder on most of the real estate in the US.
Which the Federal Government then sells to politically connected clearing house entities at pen ...
  Topic: Price Increases / Inflation Thread
TommyJefferson

Replies: 52
Views: 1893

PostForum: Current Events   Posted: Tue Jul 08, 2008 9:30 pm   Subject: Re: Price Increases / Inflation Thread
As Mises explained in his essay "Inflation: An Unworkable Fiscal Policy":

"Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of mo ...
  Topic: FDIC-lite
TommyJefferson

Replies: 8
Views: 536

PostForum: Americas Discussion   Posted: Tue Jul 08, 2008 9:21 pm   Subject: Re: FDIC-lite
I'm befuddled by the fact that I struggle to afford a meager American lifestyle, yet apparently I can also behind the scenes pay for everyone else's mac daddy phat lifestyle.

It's called socialism. ...
  Topic: THE New Orleans Thread
TommyJefferson

Replies: 225
Views: 3646

PostForum: Americas Discussion   Posted: Wed Jul 02, 2008 1:20 pm   Subject: Re: Entitlement mentality dies hard - New Orleans
Fascism is such a useless term these days. So many definitions for it and no-one usually says what meaning they are using. Some I know people have used:

fascism is
a) attitude of people who wants ...
  Topic: Iraq to Open Oil Fields for 35 Foreign Companies
TommyJefferson

Replies: 10
Views: 592

PostForum: Current Events   Posted: Wed Jul 02, 2008 12:40 pm   Subject: Re: Iraq to Open Oil Fields for 35 Foreign Companies
Traditionally, when one nation conquers another, the winners get to loot the losing country.

The Neocons can't even do a good old fashion war of empire right.
  Topic: Treasury Inflation-Protected Securities (TIPS)
TommyJefferson

Replies: 7
Views: 425

PostForum: Economics & Finance   Posted: Thu Jun 19, 2008 3:03 pm   Subject: Re: Treasury Inflation-Protected Securities (TIPS)
Accumulating any kind of money is something individuals can't do.

You can.

http://ww1.prweb.com/prfiles/2005/02/08/206741/great_gold_bar_pics.jpg
  Topic: People preparing for peak oil?
TommyJefferson

Replies: 21
Views: 1767

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 1:29 pm   Subject: Re: People preparing for peak oil?
People also feel with a probable upcomming liberal democrat president and senate/house majority that you better get it while you can.

That's the reason.

Last year when I learned Hillary was runn ...
  Topic: S starting to HTF in Florida
TommyJefferson

Replies: 40
Views: 3032

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 9:06 am   Subject: Re: S starting to HTF in Florida
What do you mean no air in Paris? Do you mean there was no a/c in Paris?

Not enough air conditioning and a lack of acclimation.

In August of 2003 temperatures in Paris reached 104F for ten days ...
  Topic: Bought a scooter
TommyJefferson

Replies: 14
Views: 1240

PostForum: Planning For The Future   Posted: Mon Jun 16, 2008 8:47 am   Subject: Re: Bought a scooter
When you ride down the road, look down at the pavement whizzing past under your feet.

Imagine falling onto a belt sander.
That's exactly what it's like when you take even a low-speed spill.

Pl ...
  Topic: The Solar Power Wagon
TommyJefferson

Replies: 6
Views: 755

PostForum: Energy Technology   Posted: Mon Jun 16, 2008 8:29 am   Subject: Re: The Solar Power Wagon
Thanks tsakach!

I suspected the wagon was not optimally priced.

I've got a good handle on battery and PV panel technology. Inverters and charge controlers are something I need to learn a lot mo ...
  Topic: The Solar Power Wagon
TommyJefferson

Replies: 6
Views: 755

PostForum: Energy Technology   Posted: Sun Jun 15, 2008 9:45 am   Subject: The Solar Power Wagon
This could greatly benefit me during the coming hurricane season. Problem is, they want $2,100 for the thing.

Surely this could be built cheaper.

http://www.ohmsteader.com

http://www.ohmstea ...
  Topic: John McCain will not win election
TommyJefferson

Replies: 93
Views: 4333

PostForum: Americas Discussion   Posted: Sun Jun 15, 2008 9:21 am   Subject: Re: John McCain will not win election
I agree with you post, but it really doesn't belong in the "environment" forum.
 
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