Thankyou W

[Kratos]

I just want to thank George Bush for gas prices going down. His connections to the oil industry have paid off.

[Ernst]

Yeah, thanks for embroiling us in two wars and tanking the economy so the Saudis would have to lower prices. You're such a great president.

[Nicotine]

i hope the first post was sarcasm...

if you think it's honestly those reasons - wrong....

it could be the fact the usa is going down the shitter, unemployment is sky rocketing, and people are being left homeless.....

think of that when you fill up at $1.40 a gallon.

[rhino1]

Im curious to know how any body else would have done...especially after the world trade center was attacked...

It is very nice to fill my truck up for under 35$

[Nicotine]

i woulda just pushed the big red button.

no one left to complain after that.

[Panzerfaust]

Im curious to know how any body else would have done...especially after the world trade center was attacked...

It is very nice to fill my truck up for under 35$

Well first off I would have listened to my advisors and CIA reports that stated "Bin Laden is planning an attack on US soil with the use of commercial airliners" and would have stopped it.

Then again, by letting it happen..this allowed the American people to be blinded into to supporting a farce war on Iraq which has benefited Bush and his cronies tremendously.

[WARMachine]

Like ive said before, if the shit really hits the fan, im going back to Brazil...

Whos coming with?

[PT]

actually opec is lowering gas everyday because of the economy. the worse the economy gets the lower fuel prices go. they know that people will stop buying gas in a reccesion if prices remained high so in order to keep us using and dependent they must lower prices. this summer the reccesion will end and we will be just as dependent as ever on fuel and prices will hit $4 by august

[romo6]

Hey i hope it does.Because i would rather see a great economy than low gas prices.But it does show how much they take advantage of us.

[Kratos]

I posted this after a night out so my brain wasn't working great...but it was always funny to me blaming Bush for high gas prices passed for intelligent conversation...gas prices are low now and he's still president.

[J-Dogg]

I never thought I would see gas at under $3 a gallon again.

I just paid 1.62 per gallon.

$40 fills my truck up it's nice.

While the economy is weak, it does not mean there is no work. Houses are forclosing, but those forclosed homes are selling just as fast as they are going up.

[StoneGRMI]

i hope the first post was sarcasm...

if you think it's honestly those reasons - wrong....

it could be the fact the usa is going down the shitter, unemployment is sky rocketing, and people are being left homeless.....

think of that when you fill up at $1.40 a gallon.

Then you should probably stay out of this shitty country.

[bigt10]

Dont worry gas is getting alot more expensive, very soon.

When the rest of the world doesn't put faith in our dollar anymore, it loses its status as a reserve currency. And no body buys our bounds and hyper inflation sets in prices are going to go through the roof.

Part of the reason the dollar is so strong lately is all the deleveraging. Everyone is selling off assets from being so highly leveraged and needs to get dollars when they sell off all their assets. As a result the dollar has boomed and assets everywhere have fallen down incredibly.

It's not going to last, and fundamentally the dollar is in terrible condition ready to have a heart attack.

For a country in trillions of debt ( the world's largest debtor), with no production, over consumption, and an economoy based on over 70 % consumer spending the fundamentals look ugly. Unfortunately everything mr Obama is going to do is goin gto make everything worse. They are going to discourage savings and production.

We now have to borrow once again to finance a massive budget. And for a country creating trillions of dollars out of thin air to save the incompetent companies and those who made bad decisions this does not look good for the dollar at all. Once the rest of the world figures out that we cant pay back our debt's and that inflation risk is so much higher then the interest we are paying interest rates are going sky high.

Can you imagine if interest rates went up to 10 %? Imagine if it costed the government 200 Billion a year to fund a 2 trillion dollar budget.

[Tock]

I just want to thank George Bush for gas prices going down. His connections to the oil industry have paid off.

Thanks for today's big chuckle . . . .



The main reason that gas prices are decreasing is because demand for it is decreasing. The reason that world-wide demand for oil is decreasing is because the US is going into a recession of epic proportions because of massive financial problems in the housing financing industry (investment giants you've heard of in the news had been gambling on whether or not groups of mortgages would be ok, or if they'd fail; and those gambles were considered to be assets for purposes of other investments---and all this was allowed by the Bush Administration---and those assets were sold to foreign countries, which caused a lot of them BIG problems, like Russia bailing out Iceland, which gives them a foothold in the North Atlantic). And now, banks in the US and elsewhere don't have the $$$ to lend each other to keep the fragile system afloat, which makes it difficult to run many other types of businesses.
The net consequense of this BS is that nobody can afford to buy anything anymore. When consumers can't buy, factories slow down, and the factories don't need fuel to make all the stuff they used to make, which makes demand for oil decrease, and prices decrease.

All this will be fine and dandy for the next few times you gas up your tank, but long term -- hold on to your wig and false teeth, 'cause it's gonna be a bumpy ride . . .

-----------

Something to watch out for -- if the strength of the US Dollar is further threatened by the increasing influence of the Iranian oil bourse, you might read in the news that the US military or its alllies bombed it to kingdom come.
http://www.globalresearch.ca/index.p...articleId=1937

[auslifta]

bumpy ride, understatement of the year!

[QuieTSToRM33]

Like ive said before, if the shit really hits the fan, im going back to Brazil...

Whos coming with?

I'll go to Thailand ... you down ?

[BG]

Saudis are cutting production down by 1.5 mill barrels, price will be up soon. Demand is down so they lowered production. Saudis claim they need oil to sell for $75 a barrel in order for them to support their country and keep oil production up and safe.

[thetank]

yeah this shit wont last..pretty soon we'll all be payin 5+ bucks a gallon again. i almost want to fill up a couple big drums and keep em in my garage.

[fit4ever180]

Like ive said before, if the shit really hits the fan, im going back to Brazil...

Whos coming with?

I'll go to Thailand ... you down ?

I'm down for either one...

[bigt10]

I'll go to Thailand ... you down ?

I would go before the government stops letting people go out of the country easy.

In a land of debt beyond redemption they need to collect tax revenue and they arent going to let everyone leave, or atleast leave easily.

Also hide your money cause capital controls are coming next. Spend your US dollars while they are worth something.

[FallenWyvern]

Part of the reason the dollar is so strong lately is all the deleveraging. Everyone is selling off assets from being so highly leveraged and needs to get dollars when they sell off all their assets. As a result the dollar has boomed and assets everywhere have fallen down incredibly.

For a country in trillions of debt ( the world's largest debtor), with no production, over consumption, and an economoy based on over 70 % consumer spending the fundamentals look ugly.

These parts of your post are true.

[FallenWyvern]

I just want to thank George Bush for gas prices going down. His connections to the oil industry have paid off.

I was truly impressed when W made oil prices go up. I am even now more impressed that he made them go down.

[zimmy]

This thread was made worth reading because of FallenWyvern's avatar