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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (228473)4/9/2005 4:29:18 PM
From: SilentZ  Read Replies (2) of 1578297
 
>In 1965, gasoline was 27.9/gallon. My dad's fast food joint charged $0.10 for a Coke. Today, a Coke is $1.50, or 15x the 1965 pricing. Gas is $2.20, or 8x the 1965 pricing.

What percentage of the average person's salary goes to buy soda? What percentage of the average person's salary goes to gas? People are in financial PAIN because of the price of gas going up so much. But you don't care. It's all "capitalism, capitalism, capitalism; free markets, free markets, free markets." Who's benefitting? People who make 1000X what their average employee is making. This contributes to the serfdom of the American population.

>The oil companies are simply responding to increased oil pricing. This is complicated, but maybe your PhD candidate friend can help you out. If oil is at $30/bbl and goes up to $50/bbl, gasoline at the pump increases accordingly. But oil company gross profit percentages stay the same, meaning total gross margin increases.

First off, why does oil go up from $30/barrel to $50? Manipulation through speculation and the blowing out of proportion of current events.

Second, gas prices have gone up faster than the price of oil.

Third, not all gas (not even half, right?) comes from oil pumped by foreign governments, like those in OPEC and in Venezuela... the oil companies have their own rigs in Texas, Africa, the Gulf of Mexico, the FSU, etc, no? So they benefit when the prices go up.

>Markets. Supply and demand. Complicated, I know. But you can get it if you put your liberal, communist dogma aside and realize that capitalism is a good thing.

Or you could put your blind devotion to the policies which are contributing to bringing feudalism into this country and realize that regulation is sometimes necessary, especially when it comes to things that people are dependent on.

-Z
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