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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (228418)4/9/2005 9:51:36 AM
From: SilentZ  Read Replies (2) | Respond to of 1578561
 
>United States gasoline prices are, and have consistently been, among the lowest in developed countries.

And six years ago they were not much more than a third of what they are today, and the economy was probably better off. The demand for gas is pretty elastic in the short term, but if Americans take 10% fewer vacations and shop 5% less because of high gas prices in the short term, then that hurts the economy. Whether we like it or not, gas fuels transportation and helps keep our economy chugging along.

>I realize you have a friend who is working on a PhD in Economics, but do you know ANYTHING about markets?

This isn't about knowledge of markets, it's about ideology.

-Z



To: i-node who wrote (228418)4/9/2005 10:07:54 AM
From: tejek  Read Replies (2) | Respond to of 1578561
 
United States gasoline prices are, and have consistently been, among the lowest in developed countries.

And unlike other developed countries in the world, we have the weakest, most inefficient public transportation system. While other developed countries have taxed gas and used that money to build fast and competitive public transportation, we have done everything to insure that Americans remain dependent on the price of gas. Only a wise one like you would boast about such an accomplishment.



To: i-node who wrote (228418)4/9/2005 10:36:37 AM
From: 10K a day  Read Replies (2) | Respond to of 1578561
 
>United States gasoline prices are, and have consistently been, among the lowest in developed countries.

I think Exxon Mobil made like 8 billion dollars profit last quarter.

That's almost the entire Health Care (budget) shortfall in California. I guess EXXON MOBIL has a right to make a profit but health care people need to eat too.

This is a very twisted story. But the big corporations GE, GM, IBM ect ect ect. put aside money to take care of their constituents (workers) who pay for ERISA (1974). It gets really complicated when the GOVT gets involved with things like privacy PROTECTION through HIPPA.

Where ERISA can't even talk to the Insurance company who is admnistrating the benefits for the constituent. (ANOTHER REASON NOT TO PAY BENEFITS)

IT'S LIKE CORPORATE VEIL WITHIN CORPORATE VEIL AND THE MONEY TRAIL IS LIKE TRYING TO TRACK A PHANTOM PAYMENT ON A COMPUTER SCREEN. IT GETS REALLY REALLY TWISTED WHEN THE PARENT COMPANY STARTS OWNING THE COMPANY THAT ADMINISTRATES THE BENEFITS (AND THEY STILL CAN'T TALK TO EACH OTHER BECAUSE OF HIPPA) AND THE DRIVING FORCE BEHIND IT ALL IS NOT PAYING FOR THE BENEFIT OF THE CONSTITUENT BUT ACTUALLY FUNNELING, SHELTERING, MAYBE EVEN EMBEZZELING THE MONEY IN TO PRIVATE FUNDS THAT FURTHER HAVE NO BENEFIT TO THE CONSTITUENT WHO IT'S DESIGNED TO TAKE CARE OF.