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1. Not our soldiers and government employees-- the Thrift Saving Plan has considerable investments in Big Oil and the profits benefit their retirement. 2. Not teachers-- The National Education Association, largest teacher's union, has considerable investments in Big Oil and the profits benefit their retirement. 3. Not Firefighters-- The International Association of Firefighters has considerable investments in Big Oil and the profits benefit their retirement.
4. Not Law Enforcement-- National Union of Police and Prison Officers has considerable investments in Big Oil and the profits benefit their retirement.
5. Not Blue Collar Workers-- The AFL-CIO, the world's largest labor union, has considerable investments in Big Oil and the profits benefit their retirement.
So who is it that is complaining about Big Oil making profits? Oh, it's politicians that aren't getting their "fair share".
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a quick google shows it to be a UK union, ess...
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"gas is still fucking cheap for the purpose it serves... it fucking gets you places you need to go on your own convenience...
I can drive 10 miles for the same amount it costs me to buy a soda at the gas station... that's not that bad
That post^^^^^^
All I am saying is that the increased fuel prices will be affecting way more then your trip to pick up a can of soda(which by the way will cost more too). People need to understand that the whole economy will be dramatically effected by the rapid rise in fuel costs. Don't be so short cited.
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ess286
(United States)
15,372
Posts.
Joined
10-02-2005.
05-27-2008 10:53 AM
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 GODSHAMGOD: | |
That post^^^^^^
All I am saying is that the increased fuel prices will be affecting way more then your trip to pick up a can of soda(which by the way will cost more too). People need to understand that the whole economy will be dramatically effected by the rapid rise in fuel costs. Don't be so short cited.
but my post has nothing to do with the future, I offered no opinion on what I thought would happen if prices kept escalating...
my point was, now, at $3-4 a gallon gas is still relatively cheap, and I am sick of everyone bitching about it when comparatively it does more for you than many things we pay more for that do less...
of course I can agree that continued rising gas prices will only hurt our economy... however, I wish everyone would stop freaking out so I wouldn't have to read garbage like "consumer confidence at 16 year low" etc...
I am trying to make money on my investments and it would be nice if everyone wouldn't flip out... lol
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Fair enough. Maybe you should be mad at the oil co's. for hurting your other investments though(unless all your investments are in oil of course).
Also, I realize that internet poker pro's may not feel the same pinch as those who have to drive an hour to and from work everyday. Maybe I should actually try and learn to play poker.
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emcee21
(United States)
13,729
Posts.
Joined
02-15-2006.
05-27-2008 11:44 AM
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Yes, it would be nice if people didn't flip the fuck out, for reasons beyond your portfolio. : )
I may have sounded dismissive before, but I'm 100% serious. The rational response to rising prices is to vote with your wallet, and find ways to decrease demand. Carpool. Ride a bike. Ride the bus. This is far more productive than crying, scapegoating, predicting the downfall of civilization, and screaming for the government to step in and "fix" the problem with armed thuggery.
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word... less bitching and more action and personal responsibility would go a long way in helping some of our society's problems, and not just economic...
as I sit on my ass smoking a bong while bitching on the internet*
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Agreed. I'm just mad cuz I'm at work, not sitting on my ass with bong in hand. At least I have free time at work to bitch on the internet though. I guess things aint that bad.
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At what price point per gallon do the politicians feel as though their consituancy is in support of opening reserves in Alaska and finally allowing the building of more off-shore refineries? (if my congressman is listening - I was there at $1.50/gallon)
How big of environmental nuts do we have out there? Anyone hoping for $10/gallon before we tap domestic resources?
fwiw, hating on big oil sure is cool these days. I think I'm going to denounce capitalism all together, and wear a "not my president" shirt.
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savvy
(United States)
3,572
Posts.
Joined
05-17-2005.
05-27-2008 12:00 PM
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didnt read thread. i just have to say paying 4.19 for regular is bullshit. been 3 weeks since i filled up cause i dont drive all that much but shit its like 50 cents higher than it was in 3 fucking weeks. then i go get my chinese lunch special and the guy yells at me for not having cash (says on the menu accept cards for 10$ min) the economy is going to hell.
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he proly owns blue bonnets at this point too
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Leet8s
(United States)
5,821
Posts.
Joined
08-29-2006.
05-27-2008 1:09 PM
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The problem with oil, and with commodities and rising prices in general, is the very weak dollar. It is the main problem we have to fix in America; our standard of living as a nation is going to keep decreasing as our real assets become less and less valuable. In addition, consumer spending will drop as things from abroad will become more expensive and so will consumer goods in general. Oil and commodities are a reflection of a weak dollar.
The best thing we can do as a nation is to change our borrowing and consuming habits and start SAVING. We also need the fed to raise interest rates to strengthen our dollar (and dont fed me the argument that a weak dollar is good for exporting, overall it hurts the American economy and business). In addition, our huge national debt is driving our dollar down.
The root of our problems in the future is the dollar and that is what we must fix before we improve as a nation!
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LDM
(United States)
5,291
Posts.
Joined
02-13-2006.
05-27-2008 6:34 PM
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| Randers: | |
lol yea middle america owns like <5% of big oil
show me where you pulled this number from please?
| mathclub: | |
this thread makes my head hurt.
i don't even get the point of it, and i've read the op like 4 times.
the point of the thread is to show people who actually benefits from Big Oil's profits, and the quick answer is almost everybody who invests.
| ess286: | |
4. Not Law Enforcement--
National Union of Police and Prison Officers has considerable
investments in Big Oil and the profits benefit their retirement.
I have never heard of this union. Never
This is one police organization that i've discovered to invest in a Mutual fund that contains shares of BP. makes since that it's british, but i'm sure American union will have investments in Oil too.
| threebanger: | |
I guess you're smarter than hundreds of Democrats in Congress? They don't agree with that statement at all.
i sure hope i am. they along w/ their right wing counterparts appear to be a collection of economic dunces. though i think a more sinister answer is the actual cause of their pandering. plus many of them own oil, haliburton, and other companies the condemn. for a biased look into left-wing hypocrisy read this book:
http://en.wikipedia.org/wiki/Do_as_I_Say_(Not_as_I_Do):_Profiles_in_Liberal_Hypocrisy
| Leet8s: | |
We also need the fed to raise interest rates to
strengthen our dollar (and dont fed me the argument that a weak dollar
is good for exporting, overall it hurts the American economy and
business). In addition, our huge national debt is driving our dollar
down.
we'd actually be better served if the government did nothing. except paying off it's debt. it's government involvement that F's things up, not fixes. the trade balance and weak dollar will fix itself if market forces are allowed to act freely. and it tends to happen quickly, too.
| TheWacoKidd: | |
word... less bitching and more action and
personal responsibility would go a long way in helping some of our
society's problems, and not just economic...
this is so vital and important that i wanted to repost it in the hopes it sticks.
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