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


To: Road Walker who wrote (391410)6/16/2008 2:19:45 PM
From: bentway  Respond to of 1574884
 
Besides, I don't agree with i-node. I don't care about $4 a gallon gas. I don't drive much and I've got a car that gets 50 mpg.

Now, if I had to wait in line for gas, knowing that the station might run out before they got to me - that would make an impression. If the government had to ration gas, giving preference to trucks that provide food, ambulances, fire trucks, etc. - that would really bring it home. Especially knowing that the situation THIS time isn't a temporary thing due to a cartel, but likely PERMANENT and undoubtedly to get much worse.



To: Road Walker who wrote (391410)6/16/2008 2:22:44 PM
From: tejek  Read Replies (1) | Respond to of 1574884
 
It is sinking in. As per Krauthammer's column last week, we now know that $4 is the price where things start to happen.

Recession? Depression?

Obviously nothing "happened" in the last 7 1/2 years to head off this crisis.


Not a damn thing........in fact, just the opposite. You would think this country's current president is in the oil business.



To: Road Walker who wrote (391410)6/16/2008 2:22:56 PM
From: i-node  Read Replies (2) | Respond to of 1574884
 
Obviously nothing "happened" in the last 7 1/2 years to head off this crisis.

Were you not aware of the upcoming "crisis" 10 years ago, 15, or 20? I certainly was, and I think most of us who were of age were, as well.

I remember distinctly during the Carter years sitting in rationing lines and realizing the looming problem. Do you not?

I'm not quite sure why some of you act so shocked and surprised. Due to your extreme liberalism, I'm not surprised, either, to see you trying to blame Bush for it.

But the reality this isn't a "Bush" problem. It is a problem that America has known about since the Carter years when not only did prices go up, but actual rationing was necessary.



To: Road Walker who wrote (391410)6/16/2008 2:26:24 PM
From: tejek  Respond to of 1574884
 
Talk about a volatile market:

"Crude oil is now trading down 0.7% to $133.90 per barrel -- which is $6 less than its all-time high that was reached early this morning. The stock market climbs into positive territory thanks to mostly broad-based buying interest, with notable strength within tech (+0.7%) and other larger cap names within the Nasdaq 100 (+1.1%)."