Ohhh I feel the need for a new oil thread

[burroak]

Re: Ohhh I feel the need for a new oil thread

Burroak-Back.....
Tell me that all of the 401K & what not are not invested in hedge funds & connected to subprime mortages.....

Absolutely not!

Both ends of a 401K manager's spine would be on the chopping block if he had retirement funds deep into subprimes. Any investment to be made there would have to be at the direction of the individual; if so, bite the bullet.

Just because you aver all of that stuff you post doesn't make it so. What ever your biases are against BIG, you are wrong on this one. If a "little guy" is hurt by this wrinkle in the stock market then he was in a place he should not have been. If you look at the losses last week, they were taken by the institutionals, not Ma and Pa.

 

[OldMercsRule]

Re: Ohhh I feel the need for a new oil thread

OMR:Sorry OMR that isnt getting it.

Between big oil and absolutely crazy liberal home loan (ya know unfettered business practice's) our econ is very wobbly right now, if you think 1/2 point is going to straightn out 5 year's of mismanaged home loan's your wrong...... unless they have a whole bunch of finger's to keep the dike up..

Never said that TG, don't know who did, but: not me.

"Band aids" don't usually fix cormpound fractures!!

He hit right on the nail head,

What nail head TG? Ya wanna force me ta pay $100 per hour fer labor? Ya think those mean Ruplicans are causin' mortgage defaults? Ya see some nail heads somewhere that I missed? I'm a bit cornfused about this post: my friend!!

i dont believe you really know how close we really are,

Hmmmmm, TG. You know: I only have a single functional brain cell. How close are we really? Please do tell. The subprime market is actually a rather small piece of the TOTAL mortgage business, (as I'm sure ya know). The fact that the European Banks n' some American lenders as well ran low on funds, n' would not trust others' credit n' started hoardin' theirs is a symptem of a POTENTIALLY VERY LARGE problem. I think I said somewhere to me iboats buds: to "be carefull". I intentially don't try ta scare people on the internet who I barely know: TG.

I remember a day back in 1987 (10/19/1987 to be exact), when the system actually did freeze n' every thing was zero fer a few hours, (ya couldn't trade BIG BLUE, [ol' IBM]) at that time the largest cap stock on this particular planet fer several hours when the market was open because the specialist on the NYSE was in the mens' room hidein' n' pukin' because they were flat outa money to assisit orderly markets: as they are suppost ta do. WE SURVIVED: TG!! That was the most amazing thing I ever saw. N' this guy, (ol' Murky) with his single brain cell thinks this Great Country is a real strong place.

Could this present situation get outa hand? Sure could!! Will it?? I dunno, sure hope not!! Is the system still at risk? Likely, yes.

We are in the dog days of summer. Oil is high, 'cause the dollar is weak, (not 'cause small oil is "robin' our eye balls out" as you n' Bro Haut seem ta think). If China does stop takin' our green backs, (the REAL reason fer all the mortgage money in this system today), things will get real hard. That likely? Not in my opionon, (but I only got the one brain cell).

People in the business where large amounts of borrowed money is necessary to maintain sales should be quite aware that times have tightend up over the last few months. Is it the end of the world? I hope not, but it maybe. Are there problems out there? You bet!! Are there always problems out there? You bet!! Could ol' Murky think up a dooms day scenario ta scare all me iboats buds with? You bet! Would it scare 'em? Doubt it.

nor do i want to go into it, it's very dishearting very

TG: me Bro told me yer in one of those businesses that runs on money to fuel the sales. High gas prices don't help ya at all (either). I surely understand yer pessimistic perspective. Hope me Bro or you don't get mad at me, as I haven't stated anything specific here. That said: your outlook could be colored by yer circumstances. The problems are big and very real, but we are a VERY strong Country: TG! Wouldn't wanna be anywhere else. I do think Septemnber, (when the kiddies go back ta school n' people historically get serious about their money could be volitile). Please be carefull out there. N' you cheer up: TG. It really could be a whole lot worse. Respectfully, (N' I mean it), JR

 

[Haut Medoc]

Re: Ohhh I feel the need for a new oil thread

Why, Thank You.!.....
No, these are my own observations....
So, Mr. Edwards is a 'bad guy' in your opinion, even though he is following the guidelines for investment that you find acceptable.....
& he is a 'bad guy' because he can afford an expensive haircut?....
I would think that you are of the leaning that he should have the individual freedom to do what he wants (within the constraints of the law.) regarding his hairdo....
HMMMMM......
I'll have to ponder that one for awhile, but it sure sounds like......
Flip-Floppin'..... 'er ah hypocracy .......as Burroak opoints out.....​

 

[burroak]

Re: Ohhh I feel the need for a new oil thread

So, Mr. Edwards is a 'bad guy' in your opinion, even though he is following the guidelines for investment that you find acceptable.....
& he is a 'bad guy' because he can afford an expensive haircut?....


No. He's a bad guy because his entire campaign is being run on an anti-poverty scheme and he has $16 million invested in a private equity firm that is foreclosing on 34 NOLA home owners.

Can you spell h-y-p-o-c-r-i-s-y?

 

[OldMercsRule]

Re: Ohhh I feel the need for a new oil thread

Why, Thank You.!.....
No, these are my own observations....
So, Mr. Edwards is a 'bad guy' in your opinion, even though he is following the guidelines for investment that you find acceptable.....
& he is a 'bad guy' because he can afford an expensive haircut?....
I would think that you are of the leaning that he should have the individual freedom to do what he wants (within the constraints of the law.)

I heard he used campaign funds to get the $1,200 hair cut, (not $400), which may or may not be illegal, but certianly is hypocritical. Here is a multi million dollar ambulance chaser talkin' to dim wits about the "two America's", raisin' funds from likely people of modest means, (certianly modest brains) gettin' a $1,200 hair cut that initially did violate disclosure laws prior to the revision in his filings. It stinks to a guy who has only one brain cell. Maybe if I had another cell or two I'd like it! Who knows?

regarding his hairdo....
HMMMMM......
I'll have to ponder that one for awhile, but it sure sounds like......
Flip-Floppin'......​

Yer toooooo funny: Bro! : JR

 

[POINTER94]

Re: Ohhh I feel the need for a new oil thread

Met for dinner at my salesmans home this past week. It turns out that his neighbor was in the secret service and covered the white house. Apparently this tour of duty last five years. 3 he served with the Clinton's, 2 with the Bush's.

After his experience, which he provide no examples or stories, he indicated he could NEVER vote for a Clinton. Not just Hillary, the point was made as "a Clinton". Concern for the mass's? They can't even extend common courtesy to those who protected their lives.

As for the Bush's he had plenty of stories about their kindness. I guess being grounded in values does have some advantages. Why is it that the Clintons project such concern for everyone on TV, but can't extend it to those who are directly around them. That sworn to secrecy thing is workin for them. I had heard such rumors but it was astounding to hear it first hand.

21 cents a gallon!!!! Disgraceful..

 

[Tail_Gunner]

Re: Ohhh I feel the need for a new oil thread

If you have or had equity in the market and sincerely believe that, you are bleeding money right now.The mismanaged home loans account for a small fraction of the US economy and the global economy; the effect is more perception than reality. The mismanaged mortgage mess is localized in CA, AZ, FL and those people, builders and speculators, will have to bite the bullet; but to think that situation will bring down the US and world economy is nuts. With all that has transpired to now, the market is still up. Get a grip, man, don't let the opinion makers push you over the precipice.

Actually i do a have a few dollar's or equity in the market and made a correction or turn a few months ago im sure i posted as much. As of now no one know's the depth of this issue, no not even you...

But there are indicator's that one can go by, the entire world market took notice, big oil backed off the the fed came rushing in with a stop gap measure as posted here a bandaid.

Perhap's in 8-12 months the depth of this thing will be or have some transparency, there a lot of state's that are rewriting lending law's (subprime) effectivly blocking them from any avenue but foreclosure and even into the prime market.

And what started this whole thing was big oil hyper inflating the market and the fed closing it down with intrest rate's, I have not even gone into what is going on at GM, Ford or Chrysler, but i can say detroit landscape will have a by far different look in just a few year's by far..

 

[OldMercsRule]

Re: Ohhh I feel the need for a new oil thread

Met for dinner at my salesmans home this past week. It turns out that his neighbor was in the secret service and covered the white house. Apparently this tour of duty last five years. 3 he served with the Clinton's, 2 with the Bush's.

After his experience, which he provide no examples or stories, he indicated he could NEVER vote for a Clinton. Not just Hillary, the point was made as "a Clinton". Concern for the mass's? They can't even extend common courtesy to those who protected their lives.

As for the Bush's he had plenty of stories about their kindness. I guess being grounded in values does have some advantages. Why is it that the Clintons project such concern for everyone on TV, but can't extend it to those who are directly around them. That sworn to secrecy thing is workin for them. I had heard such rumors but it was astounding to hear it first hand.

21 cents a gallon!!!! Disgraceful..

RIGHT ON POINTER, (as usual). I read a book by an FBI guy or SS agent, (gettin' old now n' the brain cell isn't as sharp as it once was: ya know). That spelled out the stopping testing of the Clinton staff fer drugs, (as GHWB #41 and all earlier Presidents had done), the lapses in security, n' some very specific stuff about the "Queen of Mean" throwin' things at Bill, (many agents had to ponder what ta do, 'cause some of the things coulda hurt ol' Bill if Hillary had a better aim).

The book detailed how utterly mean the Queen was, (I think that is where she got the name: "Queen of Mean")! Ya really never know about these guys or gals. Especially: the Clintons!!!! JR

 

[CJY]

Re: Ohhh I feel the need for a new oil thread

Ya may wanna review some of the other threads about the dim wit Dems allways hopin' n' workin' fer bad news fer America so they can blame those mean Republicans fer makin' people eat Chinese dog food n' all. Does this financial liquidity issue qualify fer bad enough news, or do ya wanna force defeat n' Iraq fer some real bad news? Great sport fer Libs eh? Wooooo is me think I'm gonna go cry now! Good seein' ya CJY! JR

Making minimum wage $100 an hour is not the issue, is it? However, without "mind readin," you may prefer that over the real issue in this debate.

I'm tired of hearing you cons tell us all how wonderful the economy is. You then cite employment rates as your proof. Rather than using employment rates as proof, why don't you use per capita income increases, or foreclosure rates over the past seven years as your proof. I think we both know why. Employment rates mean absolutely nothing when the only jobs being produced cannot afford a person a living wage. Rather than retail, how about a Whitehouse working toward bringing back some of those well paying jobs that were lost to those south of our border. Granted, they were not all lost since W has been in office, but he has done nothing to bring them back. I guess his daughters are set for life, so why worry about it when the numbers show a pseudogreat economy. What a joke.

 

[Plainsman]

Re: Ohhh I feel the need for a new oil thread

Making minimum wage $100 an hour is not the issue, is it? However, without "mind readin," you may prefer that over the real issue in this debate.

I'm tired of hearing you cons tell us all how wonderful the economy is. You then cite employment rates as your proof. Rather than using employment rates as proof, why don't you use per capita income increases, or foreclosure rates over the past seven years as your proof. I think we both know why. Employment rates mean absolutely nothing when the only jobs being produced cannot afford a person a living wage. Rather than retail, how about a Whitehouse working toward bringing back some of those well paying jobs that were lost to those south of our border. Granted, they were not all lost since W has been in office, but he has done nothing to bring them back. I guess his daughters are set for life, so why worry about it when the numbers show a pseudogreat economy. What a joke.

Per capita income 1990-2006

I don't see your point by looking at that

 

[Tail_Gunner]

Re: Ohhh I feel the need for a new oil thread



Geeshh one little oil thread and we get all this..............

 

[OldMercsRule]

Re: Ohhh I feel the need for a new oil thread

Making minimum wage $100 an hour is not the issue, is it? However, without "mind readin," you may prefer that over the real issue in this debate.

NO the real issue is pickin' a figure outa someone's arse n' forcin me ta pay it. Show me where it states that the FEDERAL GOVERNMENT can sit back in DC n' dictate what I pay outa me own pocket. The Cornstatution is only 20 pages: it should be REAL easy to find.

I'm tired of hearing you cons

Never been ta prison or jail. Been a Cornservative all me life.

tell us all how wonderful the economy is.

OK Einstein: TELL ME HOW BAD IT REALLY IS. The Great Depression was just a pimple next to this bad situation I guess, eh? Fire away!!

You then cite employment rates as your proof.

That is one measure is it not: Einstein?

Rather than using employment rates as proof, why don't you use per capita income increases,

Ya can cherry pick anything ya want to tell me how bad it is. Alice in Wonderland: I say!

or foreclosure rates over the past seven years as your proof.

Credit secured by Housing is at an all time high, n' the prices are or were as high as anytime in history. SO WHAT? Did George Bush cause that? Did I do it?

I think we both know why.

Hmmmm. We do?

Employment rates mean absolutely nothing

Gee, that is not what I learned, guess I better go back ta school. Maybe a brain transplant. Ya think?

when the only jobs being produced cannot afford a person a living wage.

Hmmmmmm, Really? where do ya get yer facts; Einstein? Move on dot org?

Rather than retail, how about a Whitehouse working toward bringing back some of those well paying jobs that were lost to those south of our border.

Ya really do want a depression then. Hmmmmmm. Study 1929, yer talkin' about one of the many factors.

Granted, they were not all lost since W has been in office, but he has done nothing to bring them back.

You really think the President hires lots of people from abroad? Does yer brain work? Ya been nippin' or maybe yer into PW2s n' Rolmops rope supply. What gives?

I guess his daughters are set for life, so why worry about it when the numbers show a pseudogreat economy. What a joke.

Yah, yer right I can tell. I'll ignore all those lyin' figures showin' strength. Can ya get me some real bad news n' real bad figures I can chew on so I can get real depressed? Maybe I'll start likin' Dennis Kucinich or John Edwards, heck maybe I will like Joe Stalin. Please help me, I really wanna be way down so I can know what it feels like to be a dim wit DEM. Its much worse then the Great Depression, right? I think I need to cry now. JR

 

[Tail_Gunner]

Re: Ohhh I feel the need for a new oil thread

TG: me Bro told me yer in one of those businesses that runs on money to fuel the sales. High gas prices don't help ya at all (either). I surely understand yer pessimistic perspective. Hope me Bro or you don't get mad at me, as I haven't stated anything specific here. That said: your outlook could be colored by yer circumstances. The problems are big and very real, but we are a VERY strong Country: TG! Wouldn't wanna be anywhere else. I do think Septemnber, (when the kiddies go back ta school n' people historically get serious about their money could be volitile). Please be carefull out there. N' you cheer up: TG. It really could be a whole lot worse. Respectfully, (N' I mean it), JR

OMR no offense at all has been takn, i am in a position that is no man's land,yeah if i relied on investment speculation only i would be clapping my hand's with glee, but i am also involed in the nut's and bolt's of everday cash flow, not just mine but the masse's, that's both bank's and people and mfg's.

A monkey standing on the corner would shake his head, seeing nothing but a very bleak outlook for these segment's to survive.

it's just that simple, were not slinging hash here bro, were slinging steel and money and it's really screwed..........really

 

[kenimpzoom]

Re: Ohhh I feel the need for a new oil thread

MHAAAAHAHAHA!!!

Now that I work for big oil, I know all their top secrets on how they pull the strings.

Double, double toil and trouble;
Fire burn, and cauldron bubble

(Insert evil laugh here, picture **** Cheney over the cauldron).

***End fantasy world***

Some of you guys are pathetic. Stop being a victim and be an adult.

Oil prices are a random as stock market prices. They make no sense and are based on nothing but "feelings". Speculators control the prices, oil companies are producing it as fast as they can. Americans and others are using up oil as fast as they can produce it.

If oil companies truly controlled the price of oil, I suggest you explain how they let the price fall to 8 dollars/bbl in 1999.

If you want cheap gas, I suggest you pray for one of the large economies of the world to crash. However, this may have unforseen consequences on your personal income.

Ken

 

[QC]

Re: Ohhh I feel the need for a new oil thread

Hey CJY and KIZ

 

[burroak]

Re: Ohhh I feel the need for a new oil thread

Double, double toil and trouble;
Fire burn, and cauldron bubble

Quoting Shakespeare?......So much for your credibility with the "woe is us" crowd.

 

[CJY]

Re: Ohhh I feel the need for a new oil thread

Hey CJY and KIZ

Hey QC, how ya been?



OMR, you said;

"Ya can cherry pick anything ya want to tell me how bad it is. Alice in Wonderland: I say!"


Hmmm, that's what I would say to you regarding employment rates. No cherry picking there now is there Einstein?




OMR, you also said,

"NO the real issue is pickin' a figure outa someone's arse n' forcin me ta pay it. Show me where it states that the FEDERAL GOVERNMENT can sit back in DC n' dictate what I pay outa me own pocket. The Cornstatution is only 20 pages: it should be REAL easy to find."


You must be mind reading again Einstein. This thread is not 20 pages long, so it should be real easy for ya to find where I said that.




OMR, you also said, "That is one measure is it not: Einstein?" regarding employment rates.


Are foreclosure rates not another measure of it there Einstein. Or are foreclosure rates simply not something that fits your agenda?




OMR, you also said, Ya really do want a depression then. Hmmmmmm. Study 1929, yer talkin' about one of the many factors."


One of many factors, ay Einstein? A factor none the less, right Einstein?





OMR, you also said, "You really think the President hires lots of people from abroad? Does yer brain work? Ya been nippin' or maybe yer into PW2s n' Rolmops rope supply. What gives?"


Nope, not at all Einstein. I believe if you want your cake, you know, giving W credit for such great employment rates, then I think you have to also give him credit for the bad when it comes to the type of jobs being produced. Are you with me Einstein? Amazing how some of you give credit to W for the positive, while saying it's not his fault for ther bad. A bit hypocritical as far as I am concerned.





OMR, you also said, "Yah, yer right I can tell. I'll ignore all those lyin' figures showin' strength."


Someone once said to me, "Ya can cherry pick anything ya want to tell me how bad it is. Alice in Wonderland: I say!" Appears to be applicable to this situation as well. Does it not Einstein?




OMR, you also said, "Hmmmmmm, Really? where do ya get yer facts; Einstein? Move on dot org?"


Maybe.......I guess my point being that those are as good as any that you come up with. BTW, what are the facts?



I find you to be full of hypocrasy when it comes to the Repubs, Einste..... I mean OMR. You give credit when credit may not be due them, and then use sarcasm as an attempt to oppress libs/dems from speaking their minds when being critical of them. At the same time, you fail to recognize any negatives regarding this administration and you paint a very pretty picture instead. Time to pull your head out Einstein. Are you with me Einstein?


This next point is from your little book of tricks there Einstein.


OMR, you said, "The Great Depression was just a pimple next to this bad situation."


On this point, I would agree but maybe not as harshly as you put it.

 

[Haut Medoc]

Re: Ohhh I feel the need for a new oil thread

Murky is up @ Ruby Ridge Island, so I would not expect a reply till Monday night /Tuesday......​

 

[treedancer]

Re: Ohhh I feel the need for a new oil thread

Fortifying the bunker?

 

[Haut Medoc]

Re: Ohhh I feel the need for a new oil thread

Fortifying the bunker?

Nah, preventative maintainence on the gun emplacements!......