OT economy check

[cali_reef]

in 40 years it would be really sad if we still depend on oil.

the technology is there it just needs to be developed. imo.

I hope so too. However, GE transportation\aircraft engine was in our office earlier this week, their feeling is petrol based jet engines will be around for at least another 30+ years, even if they developed an alternative fuel source. The reasoning is it will always be cheaper to extract oil from the ground than growing soy beans, develop hydrogen cell technology, etc.. Until we run out of oil or the technology gets really cheap, people will not switch in masses. Kinda like hybrid cars you are thinking of..

 

[cali_reef]

It is kinda like coal, we know it is no good to burn coal but poorer countries still use a large amount of coal today.

 

[DRZL]

How in the world can we be so vulnerable to the price of oil. Hopefully this will increase investment in alternative fuels rather then trying to increase supply of oil.

And pink Unicorns shall return to grace the land...

There are alternative fuels/power sources already. The oil companies just have corked its research/ knowledge w/ so much money as so it would never come out. Do you think politicians/government would voluntarily give up their "prize horse" hell NO, they make a killing as it's a physical product that can be sold over and over. Anyone ever heard of cold fusion? how about SERN's anti-matter?

Come on, sometimes we need to introspect notions we once believed in for more gritty realities. Do you really think even the media isn't involved in some form w/ the government? On a small scale, just watch U.S. based/affiliated news on Iraq...you'll understand what I mean.
I have family that have visited Israel/ Iraq. Let me tell you they tell a VERY different story of accounts, people w/ nothing to lose.

Things arent gonna change, they never have and never will, thus history repeats itself and only in these times does its underlying maelstrom get felt. Why do you think there were "hippies" in the 70's.. like Jhale said.
now theres "Loony leftists", whats the next psuedonym? maybe a throwback to earlier years...Peasants?Revolutionists? how about non-christians? This all has happened before in its purest form.

 

[jawwad2004]

Personally, I think the oil prices are artificially being inflated to gain approval for the war. The U.S. has become such a consumer nation, which has led us to be dependant on oil. I still remember that huge blackout on the east coast, I felt as if I was going to die! Slowly but surely gas prices will deflate, and if not, this trough that we are in right will benefit the economy in the long run.

 

[nanoreefer22]

hmmmmmmmm thank god for trains I guess. $12 and i get through the week, but it sucks.

 

[jawwad2004]

Kris you should just buy the monthly pass for $76. If you plan to get a job, you're going to have to travel there, and plus you want to have fun, you gotta travel for that, so in the long run you'll save a bunch of money. (on your car insurance, lol I had to say that)

 

[inline6]

I guess i'm kinda fortunate being in the graphic design field. There always seems to be endless amount of misc. work from various clients. I guess the US really is a big consumer of pretty much every consumer based product iut there.
For example since 9/11 it took about a 1+1/2 year for us to see a definite slow in the amount of work flowing in.

 

[wedfr]

which fund do you manage alrha?

 

[alrha]

which fund do you manage alrha?

Sentinel Investment Partners - very small fund so far.

 

[alrha]

these conspiracy theories are ridiculous - why is france paying more for oil too? they sure arent inflating it to prove america's case.
are you also gonna say that the gov't is behind all the terrorism as well, just to justify the wars?

Anyone who wants to truely understand the purpose of the war, should read "The Case For Democracy" by Natan Sharansky (also available as an audiobook for those with an iPod). I HIGHLY reccommend this book.

 

[House of Laughter]

Much of the oil problem is due to history, our confilcts of the past and what we leverage for ourselves as a nation - the reason why we spend so little on oil is cause we created that environ with the historical positioning over years of history, conflict and alignemrnt.

The real oil probem is with China, they are one of the largest growing economies (risky investors read aloud) and are consuming oil at a 30% increase from last year. That being said, the US has left themselves vulnerable to this issue by not leveraging alternate resources for power or transportation. Note, though, hybrids are in such demand, there are waiting lists for them. So now, the motor dealers will start making more, and demand will be filled, but oil is going to remain the same cause another major super world power is going to continue to comsume these resources.

the US is in a great position to move forward in other areas, but since many, if not all, of our politicians are older oil familes whose riches are founded in those historical relationships, it's not going to be a priority until it's an emergency. So voting is key.

Supply and Demand (Alhra) and history (Solbby) are how we need to move forward, and WAR, has it's own historical relevance. Note that the US economy has done it's best after war - great reference Albert.

House

 

[herman]

Very well said house!!!!

 

[DRZL]

these conspiracy theories are ridiculous - why is france paying more for oil too? they sure arent inflating it to prove america's case.
are you also gonna say that the gov't is behind all the terrorism as well, just to justify the wars?.

The global oil crisis IS REAL, but the thing is why have high taxes on the already expensive petrol? Why will it most likely not go down to a middle ground? Maybe because we have a War to pay for, one that many feel is NOT REAL...

BTW here's an article on France among others actually sending petrol aid from their reserves

The last question is so heavily loaded that I think I'd rather keep it to myself.but honeslty terror levels? more like fear/control thermometer you ask me.

Anyway, have u run a search on cold fusion?
Heres an article that's pretty short and to the point

Cold fusion

And here's straight from a collection of scientists from all over the world that publish a quarterly subscription, this article talks about cold fusion and its advancement, and get this alot of the research was done by a Dr. Mallove. Who mysteriously was brutally murdered this summer...

cold fusion breakdown

Here's the subscription in its entirety
http://world.std.com/~mica/cft.html

It might seem far-fetched and crazy but dont you remember a time when scientists were persecuted? Galileo ring a bell? Had this crazy conspiracy the world was round and revolved around the sun. Grade A Nut job!

 

[ShaunW]

I am not a big fan of conspiracy theories, however, this is a really interesting/scary read. After reading this report, that was done in the '60, I can't help but feel that the present administration of the USA is following what was recommended inside the report to a tee.

http://www.davidicke.net/tellthetruth/research/iron1.html

Whether you believe it or not, somebody did actually write it, which is disturbing in of itself. IMO the grammer and logic does have an unmistakenly governmental feel/tone in nature.

 

[DRZL]

Solbby,

I'm halfway through the article, harsh stuff...funny/weird thing is that actually a group of friends and I actually sat down out on my deck and we talked about this type of stuff and thinking of solutions to problem such as the gross overpopulation and overwhelmed resources of the globe.

Some of the stuff though half-jokingly was very cruel and inhumane tactics that could satisfy a solution, much like this document.

Thanks for the interesting read. Glad not everyone takes everything at face value.

 

[Reef Guy]

Maybe you guys should check out www.lifeaftertheoilcrash.net as a look to what our future will be. As far as the gas prices, this is rediculous even after bush taps into the reserve the prices rose to an all time high. Im am guessing this is due to price gouging and of couse the state doesnt care because they make so much money on the taxes alone. On another note wtf is wrong with these ppl looting....why are ppl stealing TVs etc when they has NO HOUSE to put it in. There were even reported rape cases in the coliseum what kinda sick ppl would do that especially in a time like this. Its sad that the US spends billions helping other countries everyday but they cant help their own. As far as the gas prices I use to fill my tank up for under $18 now I spend $28, I wish I could ride my bike it gets me 50 MPG but a Bus ran over my right foot so the only thing I can drive now is a car. Also my tank is MIA....i hope my brittle star didnt get him....I dunno how he would get Leo (my tang) and not get my clown fish...maybe clown fish are too fast?

 

[nanoreefer22]

Shaun
Thats a very interesting read. Only go so far in it but its intriguing. Reminds me a little of the book 1984, from what I read atleast.
Kris

 

[DEEPWATER]

SRRY GUY didnt get in the thead ,,my business is up and down ,really no affect aside from higher prces as you all know ,its seasonal here ,summer is quite and winter is busy ,more ppl are home in winter ,heat is on ,and pipe are breaking do to cold weather ,aside with my contractrs that keep me afloat it good on my end ,not get rich but no poor at all ,just living well ,spending lots of money on reef and other stuff ,since im single ,no one to hold me back ,,i get what iwant

 

[inline6]

US Economy Question...

Anybody else notice a big slow down in Consumer and Corporate spending?
Just wondering if things are looking normal or what.
Kinda scary if you ask me.

What does MR community think?

 

[jgiordano]

Even after 9/11 and the so called "RECESSION" the malls in the the New York Area were still mobbed. People are still buying DKNY, POLO, DG etc... I mean cmon people in the poorest neighborhood have Dolce and Gabanna sunglasses...

We are parasites, complaining that the economy is bad yet the average household expenditure is 20X what it was 10 years ago.

Cable - gotta have all the movie channels, and the sports package. How about a box in every room to go along with the TV, DVD player and game console in every room (what happened to only watching tv in the family room). And all these electronics are sucking up more electricity which most power plants burn coal for) Don't forget the Broadband... Then there are DVR's and Computers in multiple rooms...

Wireless - well gotta have the family plan with the data plan so I can get my email @ all the time. $30 -$150 a month.

Who buys cars anymore WE ALL LEASE! no one keeps a car for 10 years either...Then there are the bigger SUV's with guess what DVD's in them...

How about that small fixer upper cape for $350K that gets made into a mini-mansion?

We don't have the right to say we are struggling when we have the option to buy ROCK for 5 bucks a pound!