Bailed-out banks' temper tantrum

[Guns Guns Guns]

Because you said this.....

You got me.

The only thing that should be regulated with businesses in this regard is to make sure there is no collusion between enterprises to deny consumers any choice. The Sherman Act was made for a reason, use it.

So it's not all or nothing, it's all or one. The Sherman Antitrust Act.

 

[wiseones2cents]

Is there anything you'd like to say that you can substantiate?

BTW, it's "gouging", not "gauging", isn't it?

Check with SmarterThanFew re: The Sherman Antitrust Act. He said it's the only thing that should be regulated with businesses in this regard is to make sure there is no collusion between enterprises to deny consumers any choice.

But substantiate you mean prove? I'll make it easy for you. Can you justify the prices at the pumps?

I dont have time to spell check. Did you understand what I mean? Why point out the spelling mistake? Are you an English teacher grading my paper?lol

I think many things should be regulated. If the gov protected jobs there would be no need for unions.

 

[Guns Guns Guns]

But substantiate you mean prove? I'll make it easy for you. Can you justify the prices at the pumps? I dont have time to spell check. Did you understand what I mean? Why point out the spelling mistake? Are you an English teacher grading my paper?lol I think many things should be regulated. If the gov protected jobs there would be no need for unions.

You sound like a Communist.

You repeated the mis-spelling twice. That's not carelessness, it's ignorance. Your username is a misnomer.

Yes, I mean "prove".

You made the claim.

You can either prove it, or not.

 

[wiseones2cents]

You sound like a Communist.

You repeated the mis-spelling twice. That's not carelessness, it's ignorance. Your username is a misnomer.

Yes, I mean "prove".

You made the claim.

You can either prove it, or not.

One? I can already tell you are an idiot. Two? The proof is easy. Catastrophe = speculation which results in higher prices. Prices that do not come down after the fact. We have experienced this phenomena for quite some time. Every day there are claims of new oil discoveries, and it is now known that Venezuela has bigger reserves then Saudi Arabia. And so does Canada. Not to mention OPEC states that even when they increase output, prices stay the same at the pumps. Can you explain that?

Can you explain how we were paying 69 cents a liter in Canada 10 years ago and quickly jumped over $1 and is now at $1.30 and was over $1.40 this summer? And a sew summers ago it was over $1.50. Can you explain this? This is after the fact that our dollar was at about 67 cents US 10 years ago and is not at par with the American dollar? Only an idiot cannot see the price gauging, which explains why you cant see it.

 

[Guns Guns Guns]

One? I can already tell you are an idiot. Two? The proof is easy. Catastrophe = speculation which results in higher prices. Prices that do not come down after the fact. We have experienced this phenomena for quite some time. Every day there are claims of new oil discoveries, and it is now known that Venezuela has bigger reserves then Saudi Arabia. And so does Canada. Not to mention OPEC states that even when they increase output, prices stay the same at the pumps. Can you explain that? Can you explain how we were paying 69 cents a liter in Canada 10 years ago and quickly jumped over $1 and is now at $1.30 and was over $1.40 this summer? And a sew summers ago it was over $1.50. Can you explain this? This is after the fact that our dollar was at about 67 cents US 10 years ago and is not at par with the American dollar? Only an idiot cannot see the price gauging, which explains why you cant see it.

You made the claim. Can you prove there is price gouging or not?

...Right now the Gov should be cracking down on these oil companies who are price gauging(especially gasoline)! The people should be screaming at the top of their lungs. And if the president isn't willing, all though he does have the power, we kick him out and put someone in that can! Even nationalize the oil companies if we have to!...

You sound like a Communist version of Dixie.

 

[wiseones2cents]

You made the claim. Can you prove there is price gouging or not?



You sound like a Communist version of Dixie.

I just explained how it is obvious! Which word didn't you understand?

Not Communist. Socialist. There is no reason for the doubling of prices at the gas pumps. Unless you can think of one. The war caused them to go up, because of war in Iraq and such, but last time I checked? Oil is flowing freely from Iraq.And new oil discoveries have been made on a regular basis. There is no reason for the price of gas to remain this high.

Not to mention Saudi Arabia was willing to increase output many times to compensate for the lost oil flow in Iraq. Lets see you use your brain(assuming you have one) and come up with a reasonable explanation for oil prices double in the last 10 years.

 

[Guns Guns Guns]

I just explained how it is obvious! Which word didn't you understand? Not Communist. Socialist. There is no reason for the doubling of prices at the gas pumps. Unless you can think of one. The war caused them to go up, because of war in Iraq and such, but last time I checked? Oil is flowing freely from Iraq.And new oil discoveries have been made on a regular basis. There is no reason for the price of gas to remain this high. Not to mention Saudi Arabia was willing to increase output many times to compensate for the lost oil flow in Iraq. Lets see you use your brain(assuming you have one) and come up with a reasonable explanation for oil prices double in the last 10 years.

You forgot to come up with proof or evidence again. Which word didn't you understand?

 

[wiseones2cents]

You forgot to come up with proof or evidence again. Which word didn't you understand?

I cant understand how you fail to see thew robbery.

I keep giving you the evidence! The price at the pumps(doubled over the last 10 years) and the fact that speculation(not supply) caused the prices to go up, but not down. I've given you so much proof and you keep saying you want proof?

The fact that OPEC stated that even though they increase output the price remains the same. The fact that Exxon Mobile has been enjoying record profits.

I keep on asking you if you have a legitimate explanation for the price increases and you cannot come up with one. The only logical explanation is that China has caused demand to go up and thus they(oil companies) can charge any price they want and someone will buy it. The fact that there have been no plans of building more refineries, even though they continually are finding new sources of oil shows that they have no intention of bringing down the prices.

 

[Billy the Great Khan]

You assume that Bank of America's customers will put up with this shit. This one ain't.

Bet they will, especially when all other banks do the same thing. I'm just going to keep my money in a sock. Basically the same rate of interest, and I don't have to pay a fee on it (well, I will have to buy more socks eventually).

 

[Guns Guns Guns]

I cant understand how you fail to see thew robbery. I keep giving you the evidence! The price at the pumps(doubled over the last 10 years) and the fact that speculation(not supply) caused the prices to go up, but not down. I've given you so much proof and you keep saying you want proof? The fact that OPEC stated that even though they increase output the price remains the same. The fact that Exxon Mobile has been enjoying record profits.
I keep on asking you if you have a legitimate explanation for the price increases and you cannot come up with one. The only logical explanation is that China has caused demand to go up and thus they(oil companies) can charge any price they want and someone will buy it. The fact that there have been no plans of building more refineries, even though they continually are finding new sources of oil shows that they have no intention of bringing down the prices.

You've spouted your opinion, which is not evidence.

Do you have any verifiable sources that will affirm your assertions and support your arguments? Cite them.

BTW, what's "thew", and how is 'thew robbery' relevant to a discussion of bank fees and gas prices?