So Libs... What's the economic plan for $10 gal. gasoline?

D

Dixie - In Memoriam

New member
I'm just curious about this... now that it's pretty clear the rising gas prices are not because of Bush's Big Oil friends, but because of OPEC and what's happening in the Middle East. It's pretty obvious what our foreign policy is going to be there, so I am just wondering, how do the Democrats plan to rescue the economy when gas tops $10 a gallon?

The way I see it, this is going to be difficult at best, and I don't believe the voters are going to buy that it's the fault of Republicans or GW Bush... so, you better be thinking of something quickly! As the price of fuel rises, it's common sense that consumer goods are going to rise proportionally in price, along with the inflation we're already seeing because of 'quantitative easing' by the Feds.

I guess we can remain in denial a little while longer, but eventually, even the dumbest of the dumb are going to catch on here. Markets are all still fairly good at the moment, but that will likely change as well. It's about to get really bad across the board, I am afraid, and Democrats seem to be a bit flat-footed on this, no one is even talking about it. Shouldn't we be developing a "plan" for when we have gas that no one can afford?
 
Isn't $10/gal gasoline exactly what many of them want? That's not far from what you'd pay in the UK or Denmark.
 
Voltaire said:
Isn't $10/gal gasoline exactly what many of them want? That's not far from what you'd pay in the UK or Denmark.
Click to expand...

Oh, there is no doubt in my mind, some of them would LOVE to see the entire system of government collapse and Communist Socialists take over America! To that ends, the rising cost of fuel isn't a concern, but an aide to their ultimate objective. But for right now, they need to get Obama reelected, and I don't see that happening if gas goes to $10 a gallon...or even $5 a gallon. The ramifications on the economy will not be overcome, and the 'blame game' is not going to work for them.
 
That is because you are insane Dixie and hate your fellow Americans because they dont share your failed ideas.


The left are not the socialist boogey man.

We are capitalists who understand (unlike you ) that capitalism unfettered in no better than complete socialism.


What we want is intelligently fettered caplitalism beccause unfettered capitalism doesnt EVER stay caplitalism. It degenerates into plutocracy.


If you want to keep caplitalism alive and healthy you have to fetter it with intelligent laws and you also have to be a diligent citizen and watch and fix it so the plutocrats in the making dont steal your democracy from you.


There is no automatic setting.

The market isnt magic.

What you claim will happen wont.


You are just unable to face reality.
 
First of all, gas is not predicted to tit $10/gal. $5 maybe. Second, it is not because of turmoil, it is speculation, plain and simple (like you).

If you are worried, perhaps you should utilize some of Obama's work, buy an electric car and get your $7500 credit. If you were smart enough, you could even get some subsidized photovoltaic panels to charge it with.
 
Dune said:
First of all, gas is not predicted to tit $10/gal. $5 maybe. Second, it is not because of turmoil, it is speculation, plain and simple (like you).

If you are worried, perhaps you should utilize some of Obama's work, buy an electric car and get your $7500 credit. If you were smart enough, you could even get some subsidized photovoltaic panels to charge it with.
Click to expand...

YEP, that's what the landscaper down the street plans on doing.
Right after he pays his rent and feeds his 3 kids, on $9.00 an hour.
Well that and pay an average of $3.50 per gallon for gas, for his 10 year old truck.
 
USFREEDOM911 said:
YEP, that's what the landscaper down the street plans on doing.
Right after he pays his rent and feeds his 3 kids, on $9.00 an hour.
Well that and pay an average of $3.50 per gallon for gas, for his 10 year old truck.
Click to expand...

I didn't realize Dixie is a landscaper.
 
Dixie said:
I'm just curious about this... now that it's pretty clear the rising gas prices are not because of Bush's Big Oil friends, but because of OPEC and what's happening in the Middle East. It's pretty obvious what our foreign policy is going to be there, so I am just wondering, how do the Democrats plan to rescue the economy when gas tops $10 a gallon?

The way I see it, this is going to be difficult at best, and I don't believe the voters are going to buy that it's the fault of Republicans or GW Bush... so, you better be thinking of something quickly! As the price of fuel rises, it's common sense that consumer goods are going to rise proportionally in price, along with the inflation we're already seeing because of 'quantitative easing' by the Feds.

I guess we can remain in denial a little while longer, but eventually, even the dumbest of the dumb are going to catch on here. Markets are all still fairly good at the moment, but that will likely change as well. It's about to get really bad across the board, I am afraid, and Democrats seem to be a bit flat-footed on this, no one is even talking about it. Shouldn't we be developing a "plan" for when we have gas that no one can afford?
Click to expand...
Well, apparently you just pass a law that requires everybody to buy some and that will make it cheaper.
 
Dixie said:
I'm just curious about this... now that it's pretty clear the rising gas prices are not because of Bush's Big Oil friends, but because of OPEC and what's happening in the Middle East. It's pretty obvious what our foreign policy is going to be there, so I am just wondering, how do the Democrats plan to rescue the economy when gas tops $10 a gallon?

The way I see it, this is going to be difficult at best, and I don't believe the voters are going to buy that it's the fault of Republicans or GW Bush... so, you better be thinking of something quickly! As the price of fuel rises, it's common sense that consumer goods are going to rise proportionally in price, along with the inflation we're already seeing because of 'quantitative easing' by the Feds.

I guess we can remain in denial a little while longer, but eventually, even the dumbest of the dumb are going to catch on here. Markets are all still fairly good at the moment, but that will likely change as well. It's about to get really bad across the board, I am afraid, and Democrats seem to be a bit flat-footed on this, no one is even talking about it. Shouldn't we be developing a "plan" for when we have gas that no one can afford?
Click to expand...

1) You are correct that the spike is due to what is going on in the mid east, you are incorrect to lump OPEC in with the cause of the spike. Right now OPEC is trying to increase production to compensate for disruption in places like Libya. hence, they are trying to keep the price down.

2) We will not be seeing $10 gas anytime soon. We saw the demand destruction set in when gas crept above $4 in 2008. That will happen again.
 
Dune said:
First of all, gas is not predicted to tit $10/gal. $5 maybe. Second, it is not because of turmoil, it is speculation, plain and simple (like you).

If you are worried, perhaps you should utilize some of Obama's work, buy an electric car and get your $7500 credit. If you were smart enough, you could even get some subsidized photovoltaic panels to charge it with.
Click to expand...

seriously... is there anyone on the left besides toppy who understands what causes speculation to increase?

It is getting quite tiresome explaining it over and over and over again.

Speculation increases as uncertainty increases. Oil is rising in price because the uncertainty of the future supply/demand equation has increased. This in turn has caused speculation to increase. They are intertwined. People don't simply create more speculation because they feel like it.
 
Dune said:
First of all, gas is not predicted to tit $10/gal. $5 maybe. Second, it is not because of turmoil, it is speculation, plain and simple (like you).

If you are worried, perhaps you should utilize some of Obama's work, buy an electric car and get your $7500 credit. If you were smart enough, you could even get some subsidized photovoltaic panels to charge it with.
Click to expand...

If speculators drive the price of gasoline up, then we can conclude "futures" are what determine gas prices... therefore, if we open up new exploration, the speculation of abundant supply in the future is present, and the price goes down. Drill Baby Drill!
:good4u:
 
Dixie said:
If speculators drive the price of gasoline up, then we can conclude "futures" are what determine gas prices... therefore, if we open up new exploration, the speculation of abundant supply in the future is present, and the price goes down. Drill Baby Drill!
:good4u:
Click to expand...
This would be true, but we'd need to reissue permits to already accessible wells or the fact that it takes 9 years to start from scratch would limit that effect. Plus it doesn't fit within the past performance of Obama Administration thought process. First you have to take advantage of the "crisis" and centralize something, FAST!
 
Damocles said:
This would be true, but we'd need to reissue permits to already accessible wells or the fact that it takes 9 years to start from scratch would limit that effect. Plus it doesn't fit within the past performance of Obama Administration thought process. That isn't something the government would be doing and we can't have anybody but the government be heroes.
Click to expand...

Last I checked "9 years" is in the FUTURE, Damo! Speculators base their speculations on the FUTURE supply of oil, not what we presently have. As I said, if speculators are driving the price of oil up, then increasing the exploration for domestic oil, regardless of how long it might take to get it, will decrease the price of oil futures... the price of oil goes down.
 
Plus it doesn't fit within the past performance of Obama Administration thought process.
Click to expand...

You're probably right about that... I can't see Democrats embracing "Drill Baby Drill" ...it would be like embracing an extension of the Bush tax cuts... or the Patriot Act... or Rendition... or keeping Gitmo open... military tribunals for terrorists... can you imagine them doing such a thing???

:D
 
Superfreak said:
seriously... is there anyone on the left besides toppy who understands what causes speculation to increase?

It is getting quite tiresome explaining it over and over and over again.

Speculation increases as uncertainty increases. Oil is rising in price because the uncertainty of the future supply/demand equation has increased. This in turn has caused speculation to increase. They are intertwined. People don't simply create more speculation because they feel like it.
Click to expand...

Of course I get it. Still doesn't change the fact that the speculators are driving the price.
 
evince said:
What we want is intelligently fettered caplitalism
Click to expand...

what you'll get is the same damn system we have now, which is the haves and the have nots.

There is simply no such thing as intelligently fettered capitalism when you have rich, big business cronies in political office and highly paid lobbyists throwing money at the coffers of Democrats and Republicans.
 
You must log in or register to reply here.
Back
Top