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#11
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#12
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![]() "D.Duck" wrote in message ... "Eisboch" wrote in message ... When Bush first took office the national average price for a gallon of regular gas was $1.46. Today, eight years later, regular is selling around here for about $2.21/gal. In some places, like Cleveland, Ohio, the price has dropped below 2 bucks/gal. Not bad for 8 years. Nice job, W. Eisboch (the facts are true, the rest is a joke to yank a few chains) The lower gas prices are nice. It's the rest of the *world* economy I'm worried about. Insightful. It is really called deflation. The opposite of inflation. With the market loosing so much value, people losing jobs, the prices people will pay is going with it. The right "sustainable" price for oil would be about $70-85 barrel. Sounds good at first glance, but it is in reality a sure sign of depression. It means that homes will further decrease in value and even more people will "walk away" from their debts. In effect, the US economy value is equalizing to India, China, South America... This will lead to total collapse as how does the US government pay for a 12 trillion debt in an outright stalled economy? Government prints money like a crack junky shoots dope. Add the insatiable spend-crazy lust for governments to bail out companies like GM and the banks paints a bleak picture for the US economy. Very bleak indeed. Every time the government announces a bail out we get a market tumble. |
#13
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![]() "JR North" wrote in message ... Gas your pigs up while you can. Not gonna tow Cruis'n Rulz! to the pump. Gonna just get 5 gal at a time and fill her up at home. Don't expect the prices will hold till next spring. If you wait, you might just find it back to $4 JR You are likely right. Any market recovery and oil will go right past $100/barrel in light speed due to anticipation of demand. If China kicks in it will be sooner than we think. Too bad gasoline does not keep and if I had a 5000 gallon tank to hold it. |
#14
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![]() "Boater" wrote in message ... Eisboch wrote: "JR North" wrote in message ... Gas your pigs up while you can. Not gonna tow Cruis'n Rulz! to the pump. Gonna just get 5 gal at a time and fill her up at home. Don't expect the prices will hold till next spring. If you wait, you might just find it back to $4 JR Nobody likes a spoilsport. You're gonna give "O" some ideas of things to raise taxes on in order to force you to buy an oversized golf cart which is what he's gonna force Ford, GM and Chrysler to build if they want a bailout. Eisboch Heaven forbid U.S. car makers produce mostly high quality, smaller, fuel efficient cars that people want to buy and dump most of the oversized, overpowered, mediocre quality V8's behemoths that get 13 mpg. Or less. I am going to keep my F150 thank you. Nice ride and pulls a boat and has 4x4 for the winter. Try that with a pint sized electric car up a long hill. |
#15
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posted to rec.boats
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![]() "Boater" wrote in message ... Eisboch wrote: "Boater" wrote in message ... Eisboch wrote: "JR North" wrote in message ... Gas your pigs up while you can. Not gonna tow Cruis'n Rulz! to the pump. Gonna just get 5 gal at a time and fill her up at home. Don't expect the prices will hold till next spring. If you wait, you might just find it back to $4 JR Nobody likes a spoilsport. You're gonna give "O" some ideas of things to raise taxes on in order to force you to buy an oversized golf cart which is what he's gonna force Ford, GM and Chrysler to build if they want a bailout. Eisboch Heaven forbid U.S. car makers produce mostly high quality, smaller, fuel efficient cars that people want to buy and dump most of the oversized, overpowered, mediocre quality V8's behemoths that get 13 mpg. Or less. Again, you get it wrong. If the vast majority of people wanted to buy smaller, fuel efficient cars, Detroit would have been be turning them out by the millions for years. That may change (and it should), but the point is .... Detroit builds what people buy. Eisboch Apparently Detroit builds what people don't what to buy. Actually have a car dealership finance manager in the family. Inside word is that they have buyers, but credit bounces. Basically you need sufficient collateral, job or cash with a good rating. Just like 40 years ago. They are losing 9/10 sales this way. I guess part of this is that a good part of the debt financed middle class is bankrupt. |
#16
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posted to rec.boats
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![]() "Canuck57" wrote in message ... "D.Duck" wrote in message ... "Eisboch" wrote in message ... When Bush first took office the national average price for a gallon of regular gas was $1.46. Today, eight years later, regular is selling around here for about $2.21/gal. In some places, like Cleveland, Ohio, the price has dropped below 2 bucks/gal. Not bad for 8 years. Nice job, W. Eisboch (the facts are true, the rest is a joke to yank a few chains) The lower gas prices are nice. It's the rest of the *world* economy I'm worried about. Insightful. It is really called deflation. The opposite of inflation. With the market loosing so much value, people losing jobs, the prices people will pay is going with it. The right "sustainable" price for oil would be about $70-85 barrel. Sounds good at first glance, but it is in reality a sure sign of depression. It means that homes will further decrease in value and even more people will "walk away" from their debts. In effect, the US economy value is equalizing to India, China, South America... This will lead to total collapse as how does the US government pay for a 12 trillion debt in an outright stalled economy? Government prints money like a crack junky shoots dope. Add the insatiable spend-crazy lust for governments to bail out companies like GM and the banks paints a bleak picture for the US economy. Very bleak indeed. Every time the government announces a bail out we get a market tumble. My hope is that the GM/Ford/Chrysler problems are resolved (if resolvable) in bankruptcy, not throwing more tax payer dollars at them. |
#17
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posted to rec.boats
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![]() "Canuck57" wrote in message ... "JR North" wrote in message ... Gas your pigs up while you can. Not gonna tow Cruis'n Rulz! to the pump. Gonna just get 5 gal at a time and fill her up at home. Don't expect the prices will hold till next spring. If you wait, you might just find it back to $4 JR You are likely right. Any market recovery and oil will go right past $100/barrel in light speed due to anticipation of demand. If China kicks in it will be sooner than we think. Too bad gasoline does not keep and if I had a 5000 gallon tank to hold it. Lots of Stabil. Oh, the 5000 gallon tank. 8) |
#18
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On Nov 12, 4:38*pm, "Eisboch" wrote:
"Boater" wrote in message ... Eisboch wrote: "Boater" wrote in message ... Eisboch wrote: "JR North" wrote in message ... Gas your pigs up while you can. Not gonna tow Cruis'n Rulz! to the pump. Gonna just get 5 gal at a time and fill her up at home. Don't expect the prices will hold till next spring. If you wait, you might just find it back to $4 JR Nobody likes a spoilsport. You're gonna give "O" some ideas of things to raise taxes on in order to force you to buy an oversized golf cart which is what he's gonna force Ford, GM and Chrysler to build if they want a bailout. Eisboch Heaven forbid U.S. car makers produce mostly high quality, smaller, fuel efficient cars that people want to buy and dump most of the oversized, overpowered, mediocre quality V8's behemoths that get 13 mpg. Or less.. Again, you get it wrong. *If the vast majority of people wanted to buy smaller, fuel efficient cars, Detroit would *have been be turning them out by the millions for years. That may change (and it should), but the point is .... Detroit builds what people buy. Eisboch Apparently Detroit builds what people don't what to buy. sigh Correct. *This year. *Or, more accurately the past 6 months. Eisboch Ford and GM took a look at trying to compete with Honda, Toyota and Nissan in the small, efficient cars ten years ago. They were completely unable to compete because of the labor cost in their vehicles compared to their competion, thanks to the UAW. Their only way to make enough money to continue to meet the finacial obligation forced on them by union labor was to continue to build high profit SUVs and trucks. Now that that's over, the UAW slobs with barely a high school education living on easy street may have to tighten their belts to allow the auto makers to survive. Heh.. will that happen? Of course not... the unions say screw everyone else, we got ours! |
#19
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#20
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