[N8 v2.0]

You're right and I've read your post before and you were right then. I was just ranting.

But explain how loss of airline jobs (what 30,000 this week?), people continuing to pile on the credit problem by having to pay $4 for gas, rising food cost due to corn based ethanol, one of those supposedly oil saving alternatives which actually reduces car fuel mileage, and a overall collapse of the general economy, all due to unregulated trading, can be GOOD for us?

dante, I'm seriously not arguing with you, you write like you have a very good knowledge of the subject, I am honestly looking for education/information.

that main problem is that no one knows what exactly is going on really..

that's why there is so much confusion.

Headline from CNNMoney:

Futures skyrocket $11 on a sliding dollar and a Morgan Stanley report predicting $150-a-barrel oil.




I mostly blame the Fed for dropping interest rates so freakin' low then spending billions bailing out banks for bad... very vey vey bad investments.

This is largely what's kicking the US Dollar's ass right now.

 

[Toshi]

it's good for us in that it's reducing us to a more sustainable level of consumption and growth, not just in environmental but in economic terms. if the airlines were 30k too bloated then their situation was unsustainable over the long term.

if the fundamentals are not there then growth should not be there.

 

[Toshi]

I mostly blame the Fed for dropping interest rates so freakin' low then spending billions bailing out banks for bad... very vey vey bad investments.

This is largely what's kicking the US Dollar's ass right now.

the good news is that it's devaluing my student loans, and that the variable rate portion of them is going to drop from 6.62% to 3.61%

http://www.usafunds.org/financial_aid/policy_regulations/interest_rate_info/current_interest_rates_table.htm

 

[N8 v2.0]

it's good for us in that it's reducing us to a more sustainable level of consumption and growth, not just in environmental but in economic terms. if the airlines were 30k too bloated then their situation was unsustainable over the long term.

if the fundamentals are not there then growth should not be there.

you'll be ubber cool when the chinese are drivin' cars and we are on bikes stealin' 'letrix & wifi.

 

[Silver]

that main problem is that no one knows what exactly is going on really..

Especially you...

 

[N8 v2.0]

Especially you...

or you

or you


or you



or you

 

[Toshi]

you'll be ubber cool when the chinese are drivin' cars and we are on bikes stealin' 'letrix & wifi.

really, tho: if the chinese work harder, are better educated, and do more productive work then why shouldn't they enjoy a standard of living superior to ours in the future?

 

[Silver]

really, tho: if the chinese work harder, are better educated, and do more productive work then why shouldn't they enjoy a standard of living superior to ours in the future?

<PATRIOTIC AMERICAN RETARD>If God wanted the Chinese to have a superior standard of living, he would have made sure that they were born white in the USA!</PATRIOTIC AMERICAN RETARD>

 

[dante]

no worries pilot...

 

[$tinkle]

really, tho: if the chinese work harder, are better educated, and do more productive work then why shouldn't they enjoy a standard of living superior to ours in the future?

ironically, the only thing missing from their work ethic is ethics

 

[Toshi]

ironically, the only thing missing from their work ethic is ethics

true, but in theory the invisible hand should shift work to those who make quality products in an ethical manner, no? or do you think working unethically is cheaper in the long run, in which case it's the stance that all manufacturers should logically adopt?

 

[Silver]

ironically, the only thing missing from their work ethic is ethics

That's like blaming your heroin dealer for the fact that you're a junkie...

 

[$tinkle]

true, but in theory the invisible hand should shift work to those who make quality products in an ethical manner, no?

in theory, yes. but great resistance is found in human behavior

or do you think working unethically is cheaper in the long run, in which case it's the stance that all manufacturers should logically adopt?

if we can agree that america is the largest consumer:
- we are short-sighted, bitching about the same stuff over again
- from a business / bottom line point of view, yes, manufacturers should adopt this stance
- clairvoyance is greatly under-appreciated & undermined, making a splash only when a shadow of its former self


the grabbing hands grab all they can...

 

[DaveW]

ironically, the only thing missing from their work ethic is ethics

Much the same could/should be said about a huge number of American corporations.....

 

[N8 v2.0]

a booming cottage industry:


http://www.google.com/search?hl=en&rls=com.microsoft:*&q=gas-pump+hack

 

[N8 v2.0]

an excuse to increase fees?


http://www.usatoday.com/printedition/news/20080618/1a_bottomstrip18_dom.art.htm

The surging price of gasoline has come to this: a "fuel surcharge" on your next speeding ticket.

Drivers caught speeding in this north Atlanta suburb soon will have to pay an extra $12 &#8212; to cover $4-a-gallon gas costs for the police officers who stop them.

 

[Defenestrated]

ahaha

 

[manimal]

an excuse to increase fees?


http://www.usatoday.com/printedition/news/20080618/1a_bottomstrip18_dom.art.htm

hahaha...that actually makes a lot of sense. me likey. so does that mean that i get to pocket a percentage of said surcharge since i save the city so much $$ by riding?

 

[N8 v2.0]

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/22/AR2008062202193_pf.html

Here's how rising fuel prices affect an organization with a fleet of 1,273 school buses: The Montgomery County school board today will consider giving Superintendent Jerry D. Weast emergency powers to make students walk farther to school, if need be, in the coming academic year.

 

[SkaredShtles]

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/22/AR2008062202193_pf.html

So.... kids walk further and stay in better shape...

What's the downside?

 

[N8 v2.0]

So.... kids walk further and stay in better shape...

What's the downside?

apparently parent's protesting..?

Board members are scheduled to consider the policy revision today. How they vote might depend on public outcry. The board last changed walking distances in 1996, voting to extend the maximum high-school trek from 1.75 miles to two. Dozens of parents called school officials in protest.

 

[SkaredShtles]

apparently parent's protesting..?

High school? WTF? They should make the maximum 5 miles.

 

[N8 v2.0]

 

[Westy]

EMBARGO!

 

[SkaredShtles]

What the...

 

[Defenestrated]

I would embargo us too, that opec bill is bull****.

 

[N8 v2.0]

Gas less than $1.99/gal in several cities now..

and dropping... $2.04 here

http://www.gasbuddy.com/

 

[jimmydean]

And yet my bus pass is still $2.

It was cheaper to fill my truck, I noticed. Maybe I'll get to the mountain a few times this winter.

 

[ridetoofast]

2.09 and the other day i paid 1.98 w/.30 gallon off coupon at farm fresh fuel zone for the shopping i'd done there.
i just wonder how long it will stay there?
as you said, be cool if at least through the winter so i could make it to the shoe or 7 springs for some boarding.

 

[Defenestrated]

better fire up the hummer

 

[SkaredShtles]

Gas less than $1.99/gal in several cities now..

and dropping... $2.04 here

http://www.gasbuddy.com/

Goddammit... I should've bet narlus again when I had the chance.

 

[N8 v2.0]

Obama DOES = cheaper gas!

w00tz

 

[dante]

Bumpity bump bump.

Anyone else looking forward to higher gas prices? Not just for business (bicycle sales skyrocket when gas prices go through the roof), but it has started becoming my favorite form of entertainment: Local news stations interviewing angry motorists filling up their SUV/whatever at the pump.

It's like the American consumer never learns. Ever. 2004 - Gasoline hit $3/gallon for the first time ever, and suddenly bike sales spiked and consumer demand for gasoline went down for the first time in decades. Gas prices fell, and everyone went back to their old ways... Then 2008 hit and gas hit $4.50, and people REALLY went nuts. You couldn't give away SUVs, brands like MINI sold out completely by the end of July (for the year), etc. Gas prices plummeted and people WENT BACK TO THEIR OLD WAYS. SUV sales spiked (again), small car sales plummeted (again), etc. Now we're back up to almost $4. There's wailing and gnashing of teeth.

I doubt news crews would even have to get new footage, they could just take their *old* footage from 2008 and replay it...

edit: Although they'd have to edit out all of the political signs in the background.
edit II: Whoa, embed link fail. Click the link for the video, the embedded one is about a murder or something...

Gas Prices Higher Than Ever - CBS News Video

 

[Inclag]

Bumpity bump bump.

Anyone else looking forward to higher gas prices? Not just for business (bicycle sales skyrocket when gas prices go through the roof), but it has started becoming my favorite form of entertainment: Local news stations interviewing angry motorists filling up their SUV/whatever at the pump.

It's like the American consumer never learns. Ever. 2004 - Gasoline hit $3/gallon for the first time ever, and suddenly bike sales spiked and consumer demand for gasoline went down for the first time in decades. Gas prices fell, and everyone went back to their old ways... Then 2008 hit and gas hit $4.50, and people REALLY went nuts. You couldn't give away SUVs, brands like MINI sold out completely by the end of July (for the year), etc. Gas prices plummeted and people WENT BACK TO THEIR OLD WAYS. SUV sales spiked (again), small car sales plummeted (again), etc. Now we're back up to almost $4. There's wailing and gnashing of teeth.

I doubt news crews would even have to get new footage, they could just take their *old* footage from 2008 and replay it...

I'm not surprised. The average American consumer is a dillhole.

 

[jonKranked]

back in the war, uphill both ways!

 

[Pesqueeb]

I'm not surprised. The average American consumer is a dillhole.

I was pleading with the wife to go out and buy a prius during the whole Toyota floormat/gas pedal disaster-a-thon when we could have picked one up stupid cheap. But after doing the math it turns out gas would have to be like 9 dollars a gallon to make up for the fact that we would have picked up a car payment. No car payments > 48 mpg. Plus thats what the bicycles and the beemer are for. The fuel savings of the motorcycle over the jeep are making my motorcycle payment.

 

[mattmatt86]

I usually fill up at the same station a half mile from my jobsite and a few weeks ago noticed as prices rose there were a lot more people at the pumps which seemed odd but then I remembered 2008's spike in prices and a paper I wrote in college about inflationary spirals.

Good thing I bought a truck a few weeks ago

 

[Toshi]

Regular is damn near $4/gallon out here on Long Island... and I'm totally fine with that. It's not going to bankrupt me, even on my comparatively meager resident's salary. (What may bankrupt is paying to heat our house, but even bankruptcy is only temporary )

 

[jimmydean]

Diesel is over $4 around here. I rode my bike today and will likely ride rain or shine the rest of this pay period so I can pay my registration. The weather this year is unusually cold, but is supposed to get into the 70's next week (only to go back to the 50's).

At least I will get into shape for beach season

 

[KavuRider]

Regular is damn near $4/gallon out here on Long Island... and I'm totally fine with that. It's not going to bankrupt me, even on my comparatively meager resident's salary. (What may bankrupt is paying to heat our house, but even bankruptcy is only temporary )

Exactly.
Even though my van gets horrible mileage, $0.50 more/gallon isn't going to break me. But then, I don't drive that much.

I still think its funny - I rode my bike to a friend's house to have a few beers (he broke his leg DH'ing) and my friends, who ride, couldn't believe it. They always have the same question "did you ride here?". Yes. "you're crazy!".

Funny stuff.