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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (96332)8/16/2008 12:05:53 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
I agree with you there, except I'd amend 'quick fixes' to 'quick fixes to magnify the problems'



To: Jim McMannis who wrote (96332)8/16/2008 1:54:21 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 110194
 
>>The key is a plan like Pickens' plan and not to let up should gas prices drop.<<

This could be easily accomplished by putting on a gas tax that scales up in time. Start with 1.50 immediately, and increase by a buck a year up to 5 bucks. Use the proceeds to subsidize heating/cooling costs for the poor as well as a mass transit subsidy. This would put a floor under prices at the pump, and allow alternative energy to be developed with some certainty of the economics. No politician in Merka has the guts to do this though, so we drift downstream, headed for the falls.....



To: Jim McMannis who wrote (96332)8/18/2008 4:38:25 AM
From: Keith Feral  Read Replies (1) | Respond to of 110194
 
We should nationalize the OCS and use all the money to pay down national debt, keep a lid on oil prices, and develop alternative fuel. Give the oil companies nothing.