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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: The Economist on Iran war: "Be afraid"
threadbear

Replies: 58
Views: 3937

PostForum: Peak Oil Discussion   Posted: Thu Jul 24, 2008 8:19 pm   Subject: Re: The Economist on Iran war: "Be afraid"
AP just broke this story.....IRAN tells UN to go F*># themselves in regards to Nuke inspections/negotiations. Will OIL spike tomorrow?

Gold took a jump up at about that time, I think!
  Topic: Confessions of a Grocery stocker .
threadbear

Replies: 86
Views: 4815

PostForum: Peak Oil Discussion   Posted: Tue Jul 22, 2008 11:20 pm   Subject: Re: Confessions of a Grocery stocker .
If Armageddon happened tomorrow morning I'm only 5 days away from resorting to cannibalism. Twisted Evil

That's nothing. If I miss lunch the neighbours start looking yummy. Razz
  Topic: THE Freddie Mac & Fannie Mae Thread (merged)
threadbear

Replies: 136
Views: 3638

PostForum: Economics & Finance   Posted: Tue Jul 22, 2008 11:14 pm   Subject: Re: THE Freddie Mac & Fannie Mae Thread (merged)
Cube, Reinstating the Glass-Steagall act would be a start.
  Topic: The Economist: America may default on it's debt
threadbear

Replies: 85
Views: 3743

PostForum: Economics & Finance   Posted: Tue Jul 22, 2008 4:35 pm   Subject: Re: The Economist: America may default on it's debt
Bas, A number of us have been taken out to the woodshed, called Communists, tin foil hat nutters, etc...by Mr.Bill. Why would you interfere with us lunching on revenge? With the aid of the search func ...
  Topic: Depression
threadbear

Replies: 35
Views: 1891

PostForum: Psychology   Posted: Tue Jul 22, 2008 4:00 pm   Subject: Re: Depression
And then there is Freud's theory of depression as repressed anger.

...anger is a more useful emotion than despair.

Works for me!!
  Topic: The Economist on Iran war: "Be afraid"
threadbear

Replies: 58
Views: 3937

PostForum: Peak Oil Discussion   Posted: Tue Jul 22, 2008 3:59 pm   Subject: Re: The Economist on Iran war: "Be afraid"
I wonder if America will resemble Post WWI Germany in few years? This sort of thought may have been unthinkable few years ago, but not now. I would imagine Jews will become primary scapegoats.

Jews ...
  Topic: Asperger's Syndrome
threadbear

Replies: 20
Views: 703

PostForum: Psychology   Posted: Mon Jul 21, 2008 9:49 pm   Subject: Re: Asperger's Syndrome
Autistics would never survive the social rough and tumble of a tribal society. They are truly products of a highly specialized, technological environment. It must be tough to be unable to empathize. T ...
  Topic: You Want it to Happen!
threadbear

Replies: 44
Views: 6692

PostForum: Psychology   Posted: Mon Jul 21, 2008 9:10 pm   Subject: Re: You Want it to Happen!

Hw do you respond to people who say you "want it to happen" just because you believe PO is a fact?

Personally, it makes me want to cry....

I tell them they are correct. I do want it to happen ...
  Topic: Oil leases not being used
threadbear

Replies: 12
Views: 765

PostForum: Peak Oil Discussion   Posted: Mon Jul 21, 2008 9:02 pm   Subject: Re: Oil leases not being used
One of the best explanations I've seen:
As if!!! Like, who'd pull a stunt like that, just to make money? Laughing
  Topic: Planning for the avian flu pandemic.
threadbear

Replies: 63
Views: 4188

PostForum: Planning For The Future   Posted: Mon Jul 21, 2008 8:55 pm   Subject: Re: Planning for the avian flu pandemic.
The 1918 flu outbreak should be studied by anyone who is seriously interested in what TSHTF scenarios in an industrialized society actually look like.

It's different than you think.

I linked to ...
  Topic: Why Oil is Falling: Wall Street Journal item
threadbear

Replies: 43
Views: 3492

PostForum: Peak Oil Discussion   Posted: Mon Jul 21, 2008 1:35 pm   Subject: Re: Why Oil is Falling: Wall Street Journal item


The idea that oil consumption can rise inexorably in China and India is preposterous. They can't afford the stuff any more than we can, and they can't bootstrap up an industrial economy the way w ...
  Topic: The Economist: America may default on it's debt
threadbear

Replies: 85
Views: 3743

PostForum: Economics & Finance   Posted: Mon Jul 21, 2008 1:18 pm   Subject: Re: The Economist: America may default on it's debt
Bas, A number of us have been taken out to the woodshed, called Communists, tin foil hat nutters, etc...by Mr.Bill. Why would you interfere with us lunching on revenge? With the aid of the search func ...
  Topic: THE Freddie Mac & Fannie Mae Thread (merged)
threadbear

Replies: 136
Views: 3638

PostForum: Economics & Finance   Posted: Mon Jul 21, 2008 12:22 pm   Subject: Re: THE Freddie Mac & Fannie Mae Thread (merged)
...
3. Make sure sufficient regulation is put in place to ensure this can never happen again.such as...

Just reregulate them. The problems began occurring when regulations were lifted. It's not as ...
  Topic: The Economist: America may default on it's debt
threadbear

Replies: 85
Views: 3743

PostForum: Economics & Finance   Posted: Mon Jul 21, 2008 12:11 pm   Subject: Re: The Economist: America may default on it's debt
Mr.Bill dropped the ball on this one. That's the problem with paying too much heed to publications like the Economist. By the time it hits their pages, it's history. The sub prime fiasco has been pred ...
  Topic: Housing & Economic Collapse - In Progress - #2
threadbear

Replies: 1419
Views: 78681

PostForum: Economics & Finance   Posted: Mon Jul 21, 2008 11:59 am   Subject: Re: Housing & Economic Collapse - In Progress - #2


Remember folks it always trickles down to you.

No Sh**? It may trickle down to us, but it geysers UP to them. The catch all trickle down justification, is somewhat appropriate at certain times. ...
 
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