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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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  Topic: Death, how do you feel about it?
mmasters

Replies: 100
Views: 2708

PostForum: Psychology   Posted: Tue Jul 22, 2008 7:50 pm   Subject: Re: Death, how do you feel about it?
In the early 90's an FDA approved study has been conducted at the University of New Mexico in Albuquerque whereby a brain transmitter substance was focused upon that is emanated in the pinneal gland d ...
  Topic: The Economist: America may default on it's debt
mmasters

Replies: 79
Views: 3416

PostForum: Economics & Finance   Posted: Tue Jul 22, 2008 6:47 am   Subject: Re: The Economist: America may default on it's debt
Yeah I remember Mr Bill saying it too a little less than a year ago when the housing bubble started to unravel. Something like what was happening wasn't even a blip on the radar. Couldn't find it thou ...
  Topic: The Economist: America may default on it's debt
mmasters

Replies: 79
Views: 3416

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 3:32 pm   Subject: Re: The Economist: America may default on it's debt
Hedge fund operators who have pulling in 8 and 9, yes 9 digit salaries in the last few years, by playing, often recklessly with other people's money deserve to have their asses taxed off or handed to ...
  Topic: Zimbabwe introduces 100-billion-dollar note
mmasters

Replies: 22
Views: 782

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 12:41 pm   Subject: Re: Zimbabwe introduces 100-billion-dollar note
Sweet! Bye bye student loans!
Hello poverty!
  Topic: The Economist: America may default on it's debt
mmasters

Replies: 79
Views: 3416

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 12:37 pm   Subject: Re: The Economist: America may default on it's debt
mmasters said:

I don't think they'll default. The government just issues more debt and gets credit from the fed to cover the old debt payments. They can do this basically indefinitely as they have ...
  Topic: The Economist: America may default on it's debt
mmasters

Replies: 79
Views: 3416

PostForum: Economics & Finance   Posted: Sun Jul 20, 2008 7:35 am   Subject: Re: The Economist: America may default on it's debt
I don't think they'll default. The government just issues more debt and gets credit from the fed to cover the old debt payments. They can do this basically indefinitely as they have been doing. I thin ...
  Topic: Why Oil is Falling: Wall Street Journal item
mmasters

Replies: 43
Views: 3407

PostForum: Peak Oil Discussion   Posted: Wed Jul 16, 2008 2:44 pm   Subject: Re: Why Oil is Falling: Wall Street Journal item
It's falling because there's too much downward pressure and fear in the market which is threatening the manipulated control of it. Oil is their card to ease the downward pressure on the market when it ...
  Topic: GM cancels healthcare
mmasters

Replies: 80
Views: 3107

PostForum: Economics & Finance   Posted: Wed Jul 16, 2008 2:38 pm   Subject: Re: GM cancels healthcare
Everyone thinks health care is a growth sector right now. I've got to say, I don't see it.
Because you're not in the corporate side of it...
  Topic: THE Freddie Mac & Fannie Mae Thread (merged)
mmasters

Replies: 136
Views: 3516

PostForum: Economics & Finance   Posted: Sun Jul 13, 2008 10:11 pm   Subject: Re: Federal Reserve announces Fannie and Freddie bail-out
I can't find the cite, but I read in the last 6 hours that part of the plan is to provide legislation for the Treasury to directly buy ownership (stock/equity) of F and/or F if needed.
So let's c ...
  Topic: If american economy crashes?
mmasters

Replies: 30
Views: 1746

PostForum: Economics & Finance   Posted: Sun Jul 13, 2008 6:37 pm   Subject: Re: If american economy crashes?
A few years ago the USA crashing would have set the whole world into a crash. A crash today would send the world into a depression. A crash a year or two from now will probably send the world into a r ...
  Topic: Joining the military as a survival strategy
mmasters

Replies: 25
Views: 1036

PostForum: Planning For The Future   Posted: Sun Jul 13, 2008 6:27 pm   Subject: Re: Joining the military as a survival strategy
It will be an attractive option for many within a year or two I'm sure.
  Topic: So who collects my mortgage payment if big lenders die?
mmasters

Replies: 10
Views: 720

PostForum: Economics & Finance   Posted: Sun Jul 13, 2008 6:25 pm   Subject: Re: So who collects my mortgage payment if big lenders die?
The government? I'm assuming that if Fannie and Freddie go under we'll be in a depression. How does the government explain to people it has to put them out of their homes if government is there to hel ...
  Topic: Jim Rogers.The Dollar is Doomed as is Fed
mmasters

Replies: 3
Views: 702

PostForum: Geopolitics   Posted: Sun Jul 13, 2008 1:01 pm   Subject: Re: Jim Rogers.The Dollar is Doomed as is Fed
In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and ...
  Topic: Death, how do you feel about it?
mmasters

Replies: 100
Views: 2708

PostForum: Psychology   Posted: Fri Jul 11, 2008 8:03 pm   Subject: Re: Death, how do you feel about it?


Hypnagogia, like hallucination isn't understood, at this time.
It's entering the astral realm - an area of existance beyond the physical realm. In this realm thoughts are instantly transformed in ...
  Topic: How much money does the US gov't have???
mmasters

Replies: 17
Views: 846

PostForum: Economics & Finance   Posted: Fri Jul 11, 2008 7:32 pm   Subject: Re: How much money does the US gov't have???
The US Government basically has an unlimited credit line with the Federal Reserve. When the US Government wants money it issues a Treasury bond. The Federal Reserve buys these bonds and does so with m ...
 
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