Economy, Engineered Collapse?

[kronus]

why else is fuel/oil getting cheaper on the way into winter? Election year.

Because teh ikanamy iz geting betar!!!11uno

In reality, it's because commodities prices are being pulled back to prevent people from panicking and leading to a *real* stock market crash. You should check out the price of gold lately - the smart money is betting on it to stay valuable through an economic collapse. Everything else is expendable.

[eric (^__^)]

why else is fuel/oil getting cheaper on the way into winter?

- veil of mystery...

[Farbin Kaiber]

Im also far from an expert on this topic. But I have noticed that in the recent month or so, its costed a lot less to fill up the tank. Also, our totals at Costco and Walmart (yes, I fucking shop at walmart) are cheaper lately. Ive had around an extra $100 or so every pay check I didnt have before. So it seems like things are either getting a little better, or Im budgeting a little more wisely.

The economic powers that be are oft padding the market before the election, gets us all excited for change, gives something to look forward to, why else is fuel/oil getting cheaper on the way into winter? Election year.

[jflip2002]

Im also far from an expert on this topic. But I have noticed that in the recent month or so, its costed a lot less to fill up the tank. Also, our totals at Costco and Walmart (yes, I fucking shop at walmart) are cheaper lately. Ive had around an extra $100 or so every pay check I didnt have before. So it seems like things are either getting a little better, or Im budgeting a little more wisely.

[eric (^__^)]

I'm so glad I bought that sand rail...

[kronus]

Can we please have anarchy now? I want to shoot stuff and eat cup noodles.

[Farbin Kaiber]

Nice being broke when economy is collapsing.

I doubt current government could engineer anything, and I don't believe in Dark Hand behind every government action. If enough people vote, or pick-up arms, we CAN have a revolution and change to suit our needs (and give Florida back to Spain).

What pisses me off the most about current situation, is that a lot of people by law have lost their homes, and by the law were evicted and thrown out. Now government is aiding those banks that crippled many families by bailing them out.

NO, give people their homes back. Give people money to pay off the banks. Not allow those banks double their investment on every given credit, LET investment banks collapse. For better or worse, I would rather have government take money out of my paycheck for the house. Hell, since government dictates drilling (and what not) and gives incentives to oil companies, government should have a state-government based capitalistic stake in profits.

Not pundits and lobbyists and campaign donations. Funny that US government wrote that provision into Iraqi constitution, but never thought of doing it here.

My view is slightly socialistic in this sense, and I see flaws in it. I am also a strong defender of government ignoring people, who whining about stuff that are not an imminent threat. Millions of Americans losing homes is a threat to me (unlike gay marriage and video games violence).

Obama is on our forum?

[Aptyp]

Nice being broke when economy is collapsing.

I doubt current government could engineer anything, and I don't believe in Dark Hand behind every government action. If enough people vote, or pick-up arms, we CAN have a revolution and change to suit our needs (and give Florida back to Spain).

What pisses me off the most about current situation, is that a lot of people by law have lost their homes, and by the law were evicted and thrown out. Now government is aiding those banks that crippled many families by bailing them out.

NO, give people their homes back. Give people money to pay off the banks. Not allow those banks double their investment on every given credit, LET investment banks collapse. For better or worse, I would rather have government take money out of my paycheck for the house. Hell, since government dictates drilling (and what not) and gives incentives to oil companies, government should have a state-government based capitalistic stake in profits.

Not pundits and lobbyists and campaign donations. Funny that US government wrote that provision into Iraqi constitution, but never thought of doing it here.

My view is slightly socialistic in this sense, and I see flaws in it. I am also a strong defender of government ignoring people, who whining about stuff that are not an imminent threat. Millions of Americans losing homes is a threat to me (unlike gay marriage and video games violence).

[Charlie]

http://www.time.com/time/nation/article/0,8599,1843168,00.html?cnn=yes

Seems fitting.

-Charlie

[Funkmasta]

good point. Then again, Obama's economic plan is no different than that of Bill Clinton, and he was president during the biggest economic boom in 35 years.

And the fluke timing of the internet/e-commerce boom had nothing to do with that?

Darin, what do you REALLY know about Clinton's economic plan? You were 11 years old while he was in office...

[Pinepig]

Wow, you are pretty dense.

It's called a "joke"

http://en.wikipedia.org/wiki/Joke

Well fuck aren't you the quick one. Do you really think I thought they were really asking for someone to ship them a AFDB.


May want to go look at the wiki joke link yourself, try sarcasm for a follow up.

[CorvallisBMW]

Jesus guys, make your own.

http://zapatopi.net/afdb/

Wow, you are pretty dense.

It's called a "joke"

http://en.wikipedia.org/wiki/Joke

[BigSam]

Funny, because I agree with you about Clinton being a far better president than Obama could, but a fair amount of blame for what is going on right now can be placed on him. Stay with me here.

1933: Glass-Steagal Act is passed. Post Great Depression, the American government felt that banks needed to be restricted in what they can and can't spend other people's money on. This created the FDIC as well, which insured all commercial bank customers up to $100,000, I'm sure you have seen the signs in your local bank. The FDIC only insures commercial banks, not investment banks like those that are currently collapsing. It also regulated banks in what they could do, to whom they could lend money, and with whom they could do business. All is well.

1999: After 20 years of lobbying by banks, Clinton decides to repeal the G-S Act, save for the FDIC. This allows banks to do what they did, causing what happened. He essentially let the retarded child off the leash, and now he has been found fucking the dog. Had the banks been left on the leash, we would be fine.

Investment banks are very prone to taking big risks for the possibility of big gain, and that is what they have been doing with the sub-prime mortgage market. It just bit everyone in the ass.

[Joey Link]

good point. Then again, Obama's economic plan is no different than that of Bill Clinton, and he was president during the biggest economic boom in 35 years.

Clinton was a much better president than Obama would be. He had a pretty good grasp on economics, cut spending way down, and conserved the countries money (even during an economic boom) instead of spending it on social programs. Clinton also inherited the economic boom, which started near the end of HW's term. Credit does need to be given to him for not messing it up and keeping it alive for eight years. Obama and Clinton are VERY different Democrats.

[Ral]

^^ I bet the Chinese make real great knock-off version