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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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Peakoil.com :: View topic - "Stimulus"
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"Stimulus"
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Pops
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Joined: Apr 03, 2004
Posts: 6350
Location: My Grandkids' Farm

PostPosted: Wed Apr 30, 2008 3:40 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

LastViking wrote:
Real GDP has been revealed today as 0.6% for Q4 and same for Q1. This confirms the "above 0" status as shown by his coincident indicator chart as posted last month and updated Monday.

But I feel your pain, Dude. The Q4/Q1 and its five monthly production records have shamed McPeaksters for yet another year. The twentieth in-a-row if anyone is counting!

All great government stats, LV.

The rules of this forum are here...

Debate the merits of PO and/or PFTF somewhere else please.
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FreddyH
Heavy Crude
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Joined: Jan 14, 2008
Posts: 321
Location: The Yukon

PostPosted: Wed Apr 30, 2008 6:27 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Pops wrote:
All great government stats, LV.


Would the integrity of the gov't stats be doubted if they showed "-0.6" today? Methinx not...
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jimmyz
Tar Sands
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Joined: Feb 06, 2005
Posts: 95
Location: north of New Orleans

PostPosted: Wed Apr 30, 2008 7:02 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

this is bush saying you where right and i can't talk about it. so here stock up.
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PeakOiler
Light Sweet Crude
Light Sweet Crude


Joined: Nov 18, 2004
Posts: 1000
Location: Central Texas

PostPosted: Wed Apr 30, 2008 7:14 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Pops wrote:
...snip...

Where is yours going to be spent?


I think I will use the money towards a greenhouse and/or towards another carport (with gutters) to increase my rainwater collection shadow for the pecan trees I want to plant along the driveway.
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Pops
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Joined: Apr 03, 2004
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Location: My Grandkids' Farm

PostPosted: Wed Apr 30, 2008 7:42 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

FreddyH wrote:
Pops wrote:
All great government stats, LV.


Would the integrity of the gov't stats be doubted if they showed "-0.6" today? Methinx not...


FreddyH (174 posts) or Last Viking (81 posts) - I'm not sure which handle you prefer as you both post from the same IP...

At any rate, what is/ are your plans for your Stimulus check - that was my original question if you (two) remember?
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GeoJAP
Heavy Crude
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Joined: Feb 14, 2008
Posts: 290
Location: Texas

PostPosted: Wed Apr 30, 2008 10:18 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

I get nothing. Which is good and bad.

I most likely would have bought 50 pound bags of beans and rice, and a case of ammo.
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GeoJAP
Heavy Crude
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Joined: Feb 14, 2008
Posts: 290
Location: Texas

PostPosted: Wed Apr 30, 2008 10:25 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

kpeavey wrote:


-Whores and Blow

-gun



Now you're talking. Straight out of my past a la Hunter Thompson.

/sigh

Those were the days.
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Keith_McClary
Light Sweet Crude
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Joined: Jul 21, 2004
Posts: 1213
Location: Suburban tar sands

PostPosted: Thu May 08, 2008 12:53 am    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Gee, I wish i was American so I would get all that free money.
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sittinguy
Heavy Crude
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Joined: Sep 07, 2007
Posts: 248

PostPosted: Thu May 08, 2008 6:33 am    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Got my $1800 yesterday, had it for about 2 minutes, and sent it all to mastercard to pay for all the things I already bought.
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patience
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Joined: Jan 04, 2008
Posts: 1177

PostPosted: Thu May 08, 2008 6:34 am    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Keith,
I don't think it's free. We'll be paying for it in the future, but making the best of it in the great US tradition, I've already spent it!

Actually, we took money from savings with the refund in mind, and put $800 into a good used garden tractor, and $175 for ALL the service manuals for it. $178 for a tandem load of stone on our driveway, $350 for a new LP gas stove, $50 for gas pipe and fittings. A couple gallons of denatured alcohol to treat my stored gas for water condensation, 84 RR ties at $10,25 each for a garden retaining wall. 4 cases of dry mac & cheese, repacked in baggies and frozen to kill any bugs. Some canned black olives on sale at 5/$6. By the time I get some spare oil, spark plugs, plug wires, and filters for the tractor, that will use up the refund.

We got a tax break for our solar PV investment last year, too. That will help fill the 500 gallon LP tank. (cooking use only, probably 10 years worth.)
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wisconsin_cur
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Joined: May 10, 2007
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Location: The Entropisphere

PostPosted: Thu May 08, 2008 8:48 am    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Pops wrote:
FreddyH wrote:
Pops wrote:
All great government stats, LV.


Would the integrity of the gov't stats be doubted if they showed "-0.6" today? Methinx not...


FreddyH (174 posts) or Last Viking (81 posts) - I'm not sure which handle you prefer as you both post from the same IP...

At any rate, what is/ are your plans for your Stimulus check - that was my original question if you (two) remember?


I had thought they must be the same person but didn't know how to check it out... nice to know. Of course I guess well just have to wait until the next incarnation makes itself known now that this one has been outed.
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AgentR
Intermediate Crude
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Joined: Oct 06, 2006
Posts: 993
Location: was rwwff

PostPosted: Thu May 08, 2008 11:15 am    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

Wasn't there some strange little quote out there about what happens to a democracy when the people realize they can vote themselves money.

This is the republic version... long ago, Roman governance was mostly about keeping power by entertaining and feeding the masses.

Today.. congress aims to make us feel better about their performance by handing out checks a few months before an election.

hmmmmmmmmmmm.
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mommy22
Heavy Crude
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Joined: Jul 22, 2005
Posts: 254

PostPosted: Thu May 08, 2008 4:57 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

This is sort of like in Europe...many "EVIL SOCIALIST" countries give money every month to families from the time the fetus is 3 months along til 16 I think. Well, this is a little bit like that!
The money at our house is going toward the mortgage payoff....If we stick to plan, we'll have this mortgage behind us by next Thanksgiving!
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Pops
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PostPosted: Thu May 08, 2008 5:09 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

That will be a good thanksgiving, Mom!
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Hagakure_Leofman
Heavy Crude
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Joined: Jan 02, 2008
Posts: 367
Location: out dispatching ronan...

PostPosted: Thu May 08, 2008 6:18 pm    Post subject: Re: "Stimulus" Add User to Ignore List Reply with quote

mommy22 wrote:
This is sort of like in Europe...many "EVIL SOCIALIST" countries give money every month to families from the time the fetus is 3 months along til 16 I think. Well, this is a little bit like that!
The money at our house is going toward the mortgage payoff....If we stick to plan, we'll have this mortgage behind us by next Thanksgiving!


Well, I don't live in an 'evil socialist' country so much as a 'filthy capitalist' country, and I was just yesterday given 4K for breeding. That's right folks, $4000 dollars for having a child.

Now that's 'stimulus'!

Not surprisingly, they call it the 'baby bonus'. Motivation to breed new tax payers.
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