Biden to release 50M barrels of oil from Strategic Petroleum Reserve amid gas price spike

Discussion in 'Current Events' started by sec, Nov 23, 2021.

  1. balancing act

    balancing act Well-Known Member

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    We definitely can agree that healthcare can be done a lot better.
    One of the oppositions to changing that is the healthcare industry itself, and the idea of free and fair markets. How much regulation is enough, without infringing on the free market? To reduce the cost, someone has to take a hit. That 3.5 trillion went somewhere and those who get it won't easily let go of that.
     
  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    Anything of an opposing view seems to he biased to you. Simple dismissals refute nothing. And gas comes from the fossil fuel the article was citing are you dense?
     
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  3. Giftedone

    Giftedone Well-Known Member Past Donor

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    The Healthcare-Insurance Oligopolies are the antithesis to free market. At the far end of the spectrum .. "extreme capitalism" and extreme socialism meet .. in both cases you have a few elite controling most resources and means of production.

    This is a system of Healthcare Extortion .. part of the "Oligopoly-Bureaucracy Fusion Monster" .. weaving the worst elements of both extremes into a very ugly beast.

    Did you ever wonder .. how in a nation with less than 5% of the worlds population .. but with 25% of the world economy .. are there poor people ?
     
  4. LiveUninhibited

    LiveUninhibited Well-Known Member

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    I don't think your Fox source supports your claim. You claim oil prices spikes because of green energy policies. But there's no support for that.

    Green policies mean support infrastructure for alternative energy and encouraging the adoption of vehicles and infrastructure that doesn't use fossil fuels or is carbon neutral. None of that is about spiking oil prices. Spiking oil prices are more about supply and demand dynamics, which were heavily screwed up by the pandemic.
     
    Last edited: Nov 24, 2021
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  5. Heartburn

    Heartburn Well-Known Member

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    For the same reason some people design rockets to go to Mars and the rest of us can't balance a checkbook
     
  6. balancing act

    balancing act Well-Known Member

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    No, but now I have!
    I'll bet more millionares per capita than any other nation also. Would it be better if the wealth were more evenly distributed? Probably, but that isn't an easy thing to fix, if it's even fixable. Don't want to take away incentive for excelling in something. I still want people to have a reason to elevate themselves. Recent history has shown that people tend to sit back if they are just handed money.
     
  7. Giftedone

    Giftedone Well-Known Member Past Donor

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    Let me put it two ways .. in the 50's 60's working at Sears -- you could afford a house - and car - and wifey didn't have to work. now with 3 in the house working at Sears would be lucky to do the same .. Promise of industrial revolution was what ? .. More stuff for less labor .. and the dream came true .. productivity rises every year ..

    So what happened ? where all the stuff go .. and why am I working twice as hard ? .. Someone siphoning cream off ..mate . and I know where the loot is stashed !!! muuuaaahhhh haaaa haaaa

    Part 2 .. when in doubt follow the money trail... and where this ends . I do not know .. but I know where it starts .. 3 banks .. old ones
    Now before we begin .. how much you think the world is worth .. heard estimates between 400-700 Trillion .. lets call it 500 T.

    Now .. starting here .. realistically .. how much would qualify as "All the money in the World" colloquially ? say 100 Trillion ? or perhaps a better question would be .. how much is "Too Much" as clearly 100 Trillion is way beyond obscene. I mean .. suppose someone had One (1) Trillion .. call it a Family .. invested at 5% per year.. so 50 Billion in interest per year. not touching the principle ..so thats 4 Billion a month... 1 Billion a week .. roughy 130 million a day .. you have to spend ... before you are dipping into the principles .. think the family might be able to manage ?

    that is 1 Trillion .. a crazy amount of money .. largest hedge fund in the world is Bridgewater -- 105 Billion.

    OK .. so over we go to State Street -- one of the old boys club banks --
    Hold on .. didn't we just say Bridgewater ranks #1 at 105 billion ? what is this 3.1 Trillion .. and whose money is that .. this is not mom and pop investors. but but but but ... What ???? WTF is this 38.8 Trillion under custody and management.

    Then what if I told you if you walk over to Mellon .. then to Morgan .. you find the same amount .. so 9 Trillion invested .115 Trillion .. with a T .. under Custody and management .. 3 banks .. Who are these freaken families - and there is not 100 of them .. meaning there are some with many Trillion.. but the combined Total.. is "All the Money in the World"
     
  8. Zorro

    Zorro Well-Known Member

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