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-   -   ouch! anyone else's wallet in pain? (https://greekchat.com/gcforums/showthread.php?t=96884)

shinerbock 06-07-2008 10:42 PM

Quote:

Originally Posted by windinthewillow (Post 1664639)
Good for you speaking to your financial advisor about it. These are some tough times. Who would have ever thought, just 8 years ago that we'd be in this kind of a soup. Thank you George Bush.

Wishing you much success in your new business.

Yes, Bush caused this. It didn't have anything to do with China, India, hurricanes, 9/11, a global war on terror, irresponsible lenders or IRRESPONSIBLE BUYERS.

I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.

DeltAlum 06-07-2008 10:48 PM

Quote:

Originally Posted by shinerbock (Post 1664781)
Yes, Bush caused this. It didn't have anything to do with China, India, hurricanes, 9/11, a global war on terror, irresponsible lenders or IRRESPONSIBLE BUYERS.

I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.

I'll agree with this. Including the first sentence.

AKA_Monet 06-07-2008 11:17 PM

Quote:

Originally Posted by shinerbock (Post 1664781)
irresponsible lenders or IRRESPONSIBLE BUYERS.

I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.

How does one take personality responsibility when they have lost everything? On a government who has sold them down the river for some kind of profit for rebuilding a place that does not want us there...

Mortgage securities were the big thing 12-15 years ago. I remember when the mutual funds were profiteering off it. But there are disasters that have hit the USA hard--9-11, Katrina and now the war. Yes, many of us can move beyond that. But we also have another problem:

Baby boomers retiring. They might be coerced into not retiring, but too many of them are sick with chronic illnesses that they are going to what you and I, the taxpayer to pay... Folks think they have gotten this under control, but it is not.

Most likely what will happen: the baby boomers will remain working, but with some kind of lessened tax burden or account for longterm care or term life.

The oil cartel will be obsolete in 20-50 years... We will not be using oil anymore. I don't know what else we will be using--but it won't be oil... No matter what the oil companies think...

And terrorism will be what it really is: gang activity...

windinthewillow 06-08-2008 12:47 AM

Quote:

Originally Posted by shinerbock (Post 1664781)
Yes, Bush caused this. It didn't have anything to do with China, India, hurricanes, 9/11, a global war on terror, irresponsible lenders or IRRESPONSIBLE BUYERS.

I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.

It does did have to do with hurricanes (Katrina, "Brownie, you're doing a heck of a job".) Katrina was mismanaged. FEMA awarded about $3.6 billion worth of contracts to companies with crappy credit histories. A Homeland audit found a screwed up bidding process, many of those contracts were awarded to companies who bid unreasonably high.

He put us in a war where there were no weapons of mass destruction. Remember this quote from Bush? "Right now, Iraq is expanding and improving facilities that were used for the production of biological weapons." The ultimate cost of the war is estimated to top 3 trillion dollars. For what?

Yes, irresponsible lenders. Then why did Bush bail them out for $80 billion?


In the year 2000, the federal budget surplus was $230 billion dollars. As of today, the deficit is $9,411,116,201,914.

When Bush took office, oil was $24 a barrel. It's now $138 a barrel.

Yes, it was Bushy Boy.

shinerbock 06-08-2008 10:58 AM

Quote:

Originally Posted by windinthewillow (Post 1664819)
It does did have to do with hurricanes (Katrina, "Brownie, you're doing a heck of a job".) Katrina was mismanaged. FEMA awarded about $3.6 billion worth of contracts to companies with crappy credit histories. A Homeland audit found a screwed up bidding process, many of those contracts were awarded to companies who bid unreasonably high.

He put us in a war where there were no weapons of mass destruction. Remember this quote from Bush? "Right now, Iraq is expanding and improving facilities that were used for the production of biological weapons." The ultimate cost of the war is estimated to top 3 trillion dollars. For what?

Yes, irresponsible lenders. Then why did Bush bail them out for $80 billion?


In the year 2000, the federal budget surplus was $230 billion dollars. As of today, the deficit is $9,411,116,201,914.

When Bush took office, oil was $24 a barrel. It's now $138 a barrel.

Yes, it was Bushy Boy.

On Katrina- Yeah, it was all FEMA. God forbid we place any blame on a NATURAL DISASTER or the people who didn't leave. FEMA had nothing to do with the cost of the storm's destruction, unless they have the ability to steer hurricanes.

He put us in the Iraq war, where we didn't find the WMD we thought we would. You can also blame the Senate Intelligence Committee, Australia, England, Israel, the UN, and IRAQ. But then, it is much more convenient to blame Bush. It is also convenient to ignore the strides our military is making, and the fact that the Iraq war has played a large role in AQ's decline (this according to the CIA last week).

I agree on the bailouts, what does that have to do with Bush and the mortgage meltdown? Unless I'm in an alternate reality, bailouts did not cause the reason for the bailouts (the subprime meltdown).

Yeah, the debt. Guess where it came from? See original post (you know, all that stuff you've failed to respond to).

On oil- You're right, Bush is at fault. It isn't, once again, ALL THOSE THINGS LISTED ABOVE. The President, God bless him, controls the price of oil. Not refinery problems, or India, or China, or those who control the supply of oil. Nope. Just Bush. And to think his party wants to drill for our own oil, here, in the US! How outrageous!

Munchkin03 06-08-2008 11:08 AM

OMG BUSH WAS IN THE GRASSSSSY KNOLLL IN DALLAS! STOP THE PRESSES!!

Back to the topic, my wallet is feeling no pain.

KSigkid 06-08-2008 11:36 AM

My wallet is doing ok - I did stub my toe yesterday though. I'll have to write the White House about that one.

TexasWSP 06-08-2008 04:16 PM

Quote:

Originally Posted by AKA_Monet (Post 1664794)
The oil cartel will be obsolete in 20-50 years... We will not be using oil anymore. I don't know what else we will be using--but it won't be oil... No matter what the oil companies think...

Eh, too many products are produced by petroleum for it to just disappear. The only thing that will make oil "obsolete" is if we run out of it.......and nobody knows when that will be, regardless of what "experts" report in the newspaper. As long as crude can be extracted from the ground it will be utilized to a great extent, even if it isn't needed for cars.

Even if it does happen in that time span, it isn't like oil and gas companies will be hurting. There are oceans of natural gas in this country that are just now being explored, thanks in part to things like horizontal/directional drilling, which is a very new technique.

TexasWSP 06-08-2008 04:20 PM

Quote:

Originally Posted by windinthewillow (Post 1664819)
When Bush took office, oil was $24 a barrel. It's now $138 a barrel.

Yes, it was Bushy Boy.

You are a goddamned moron if you think Bush is responsible for rises in oil prices. The causes for it are numerous and you are, apparently, completely ignorant of all of them.

I'm in the oil and gas business. You can save your idiotic drivel for someone else who is devoid of rational thought.

AKA_Monet 06-08-2008 06:54 PM

Quote:

Originally Posted by TexasWSP (Post 1664958)
Eh, too many products are produced by petroleum for it to just disappear. The only thing that will make oil "obsolete" is if we run out of it.......and nobody knows when that will be, regardless of what "experts" report in the newspaper. As long as crude can be extracted from the ground it will be utilized to a great extent, even if it isn't needed for cars.

Even if it does happen in that time span, it isn't like oil and gas companies will be hurting. There are oceans of natural gas in this country that are just now being explored, thanks in part to things like horizontal/directional drilling, which is a very new technique.

Aside from plastics, what else will "petroleum" be used for? I am just tired of the "cartels" fixing prices and fools enjoying paying for it because there are NO other VIABLE choices. And it is my understanding from the journal "Science" that "accessible" oil in the Earth going to run out soon--in geologic time--maybe 100 to 200 years... Accessible means usable and not difficult to access without destroying the environment. To me, that is a short amount of time to use up natural resources given that humans (in their modern form) have only been on this planet for ~200,000 years. Do we really need that much carbon to function?

Did you hear about the stopped up toilet on the space station... LOL...

shinerbock 06-08-2008 07:12 PM

Quote:

Originally Posted by AKA_Monet (Post 1664985)
Aside from plastics, what else will "petroleum" be used for? I am just tired of the "cartels" fixing prices and fools enjoying paying for it because there are other VIABLE choices. And it is my understanding from the journal "Science" that "accessible" oil in the Earth going to run out soon--in geologic time--maybe 100 to 200 years... Accessible means usable and not difficult to access without destroying the environment. To me, that is a short amount of time to use up natural resources given that humans (in their modern form) have only been on this planet for ~200,000 years. Do we really need that much carbon to function?

Did you hear about the stopped up toilet on the space station... LOL...

What are the other choices? I'm not being contentious, I'm just trying to find out if you know of other entities are having success with these options in the areas where we have the greatest need (autos, for example).

SoEnchanting 06-08-2008 08:37 PM

I'm NOT. Gas just hit $4.00 a gallon today.

windinthewillow 06-08-2008 08:41 PM

Quote:

Originally Posted by TexasWSP (Post 1664960)
You are a goddamned moron if you think Bush is responsible for rises in oil prices. The causes for it are numerous and you are, apparently, completely ignorant of all of them.

I'm in the oil and gas business. You can save your idiotic drivel for someone else who is devoid of rational thought.

Now, now, no need for name calling! If you disagree, at least do so in a civilized manner.

DeltAlum 06-08-2008 09:02 PM

Quote:

Originally Posted by windinthewillow (Post 1665016)
Now, now, no need for name calling! If you disagree, at least do so in a civilized manner.

Last I heard, name calling and language such as was used in the offending post are violations of the TOS.

AKA_Monet 06-08-2008 09:10 PM

Quote:

Originally Posted by shinerbock (Post 1664988)
What are the other choices? I'm not being contentious, I'm just trying to find out if you know of other entities are having success with these options in the areas where we have the greatest need (autos, for example).

Whoops, I forgot the "NO other VIABLE choices"... Sorry... ;)


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