InvestorsHub Logo
Followers 125
Posts 17118
Boards Moderated 0
Alias Born 04/19/2006

Re: omegahpla post# 172929

Tuesday, 10/20/2009 6:50:14 PM

Tuesday, October 20, 2009 6:50:14 PM

Post# of 447457
Its obvious your a Bush fan, and you do make some valid points, but none in reference to Bush. He did come before the American people with a face almost tearful, but spoke boldly about the need for the taxpayer to bail out the corruption of Wall Street, according to his Treasury Sec, the new Fed Chair, and Ron Cox former SEC Chair his old man nominated for that position. Not in those terms, he openly admitted he knew little about what was going on in the economy. "The economy!", the economy thats been sold to foreign countries thru concessions.

I agree that rising oil prices do have a negative impact on all of us, unless your one of mega rich, and drive a Bentley, or a Ferrari, or you can own a Yacht the size of Cruise ship, or a Jet, the cost may get into the millions of more dollars, they'll just up their comp packages, and sell a few more stocks, or their hedge fund mgr can short enough in a day to take care of the additional cost, but for most working Americans it shows up on the credit cards. Today when every other vehicle is a Pick-up or SUV some the size of a house people don't need but want to drive to and from work for show or bully with because they have one even bigger draws little sympathy. The impression the people give is that they can afford them, and the gas, in spite of rising oil prices. $35K-$60k+ and a vehicle that can be traded in every 2 years. There's a common sense way to combat rising fuel prices at the pump, but just what will happen to higher energy prices for our homes that are tied to the Cap an Trade is an area I haven't researched?, but from what I gather it will compound.

It didn't start nor finish with out of control fuel cost, but with all thats going on in the world and "our" govt having done little since the oil embargo in the 70's knew it was just a matter of time before our sacks would be in the ringer, a commodity that can be used for black mail should have been enough for steady changes, research, and technology, and our modes of transportation if they would have been working with our car manufacturers. Instead we wind up with $4+ at the pump and the Hummer. The real reasons we went into Iraq, and the real reasons why we don't go after Iran, nor will they, and the reasons for their fear of what Israel may decide to do, and the primary reason why Afghanistan has been left in state of stalemate is due to them not having any resources, other than they supply 90% of the heroin throughout the world. There's not alot to gain from them is there?, except the reason we were supposedly there in the first place, to end al qaeda in that region and Bin Laden. But 8 years of diversion, and the American people are fed up with all of it, they don't want to rebuild Afghanistan with trillions of their tax dollars, when our own shores are sick.

But with the States adopting new marijuana laws, who knows?, maybe they can find a legal market for it.

Our govt has been completely out of control since the end of Eisenhower, and we can contribute half this time to the Republicans, and the other half to the Democrats, and they fight continually with one another. The Republicans want to give little to the American people, but have bent over with their pants down for the rich. The Democrats have proven to be not a whole lot better whose primary political agenda is to support special interest groups who are constantly crying for more at the expense of the rest of the country, and both are responsible for getting us into unjustified wars, and getting this country into things that we're not only dirty on the surface but the undersides to. Just think of where our country would be today if we had a righteous govt with righteous leaders who would have not sold their offices out, and would have worked together to strengthen us, kinda like all for one, and one for all, perhaps today we wouldn't be crumbling like our infrastructure is.

Wall Street owns Washington.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.