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| Re: State of Economy Grounds for Price Controls on Gas and Diesel (456111) | |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Mon Jun 1 15:35:57 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 15:18:14 2009. That would pretty much end commodities trading completely. No sense throwing out the baby with the bathwater. |
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| (456683) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Mon Jun 1 15:58:35 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Mon Jun 1 15:35:57 2009. The purpose of commodities trading was to ensure a market for the commodities and attempt to regulate pirce and availability. For those speculators, they CAN buy a tank farm, fill it up, and try to resell it. It's the speculators who trashed the market for oil, food, metals and other commodities and look at the disaster they created in all sectors last year. Nothing wrong with getting into the business of being a wholesaler ... plenty of money to be made that way, the RIGHT way, AND it will actually increase competition ... don't see a downside here. |
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| (456693) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Mon Jun 1 17:45:23 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 15:58:35 2009. It would kill the commoditites trading sector, which creates a lot of wealth which common people need in their 401K/pension plans. |
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| (456694) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Mon Jun 1 17:56:38 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Mon Jun 1 17:45:23 2009. Given how that all worked out, let the banks book some rooms in Vegas, Atlantic City or Foxwoods. The returns would be MUCH better, and people could again afford to live. Gambling with our food and oil didn't work out for anybody except a handful who never shared it. :( |
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| (456695) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Orange Blossom Special on Mon Jun 1 18:02:18 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Olog-hai on Mon Jun 1 01:31:11 2009. People don't want any of it. They've gone the opposite of every poll since November. |
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| (456697) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Mon Jun 1 18:19:21 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Orange Blossom Special on Mon Jun 1 18:02:18 2009. I guess there's too many people who weren't around in the 70's to see the results of it. It failed miserably. But one thing that would definitely work as a better alternative is to remove the speculators who don't own warehouses. This creates a new level of competition as they try to sell what they've bought, with the further incentive not to be so greedy as to have to sit on what they bought as those who need the commodities purchase what they need from someone who has the most favorable price at the time the supplies are needed. Make delivery mandatory to the purchasers, and it's a self-curing problem. |
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| (456699) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by BMTLines on Mon Jun 1 18:31:07 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 15:58:35 2009. Where do ya want the 2000 tons of pork bellies? |
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| (456701) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Mon Jun 1 18:44:36 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by BMTLines on Mon Jun 1 18:31:07 2009. Deliver them to the 3rd floor, 2 Broadway ... :) |
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| (456710) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Stephen Bauman on Mon Jun 1 19:11:39 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 18:19:21 2009. Make delivery mandatory to the purchasers, and it's a self-curing problem.That does not always work. The scandal broke Nov 22 1963. It was the reason for Wall Street's tumble, not the Kennedy assassination. |
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| (456717) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Mon Jun 1 19:21:50 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Stephen Bauman on Mon Jun 1 19:11:39 2009. Haupt and the others deserved it ... ah, for the simple want of a dipstick, and someone to use it. :( |
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| (456845) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SMAZ on Tue Jun 2 00:37:23 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Olog-hai on Mon Jun 1 02:49:53 2009. They have Medicare for people of all ages now?!?That is the public health insurance option being proposed. |
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| (456860) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SMAZ on Tue Jun 2 01:55:47 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 18:44:36 2009. haha |
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| (456864) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Tue Jun 2 02:03:32 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SMAZ on Tue Jun 2 00:37:23 2009. Did that say that when the EU bombed Pearl Harbor? Let's *DO* it!
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| (456943) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Stephen Bauman on Tue Jun 2 09:31:05 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by GP38/R42 Chris on Mon Jun 1 13:15:29 2009. it's a disaster in some countries like Canada that have federal.Which country has a higher life expectancy: Canada or the USA? I'd like to know your criteria for making value judgments like "disater". |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by AlM on Tue Jun 2 09:39:55 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Stephen Bauman on Tue Jun 2 09:31:05 2009. Which country has a higher life expectancy: Canada or the USA?I'd like to know your criteria for making value judgments like "disater". My sister, a pediatrician, has seen studies of premature mortality due to poor medical care in the US and the UK (which isn't the same as Canada, but similar). The numbers are comparable. In the US, people without insurance may get no care at all and die prematurely, while those with insurance generally get very good (though expensive). In the UK, just about everyone gets so-so care, with a fair number of "disasters" resulting from serious conditions being overlooked until it's too late. So, if you have a middle class lifestyle with insurance, you're better off in the US. If you don't, you're better off in Canada or the UK. |
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| (456947) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Peter Rosa on Tue Jun 2 09:49:25 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by AlM on Tue Jun 2 09:39:55 2009. My sister, a pediatrician, has seen studies of premature mortality due to poor medical care in the US and the UK (which isn't the same as Canada, but similar).The numbers are comparable. In the US, people without insurance may get no care at all and die prematurely, while those with insurance generally get very good (though expensive). In the UK, just about everyone gets so-so care, with a fair number of "disasters" resulting from serious conditions being overlooked until it's too late. So, if you have a middle class lifestyle with insurance, you're better off in the US. If you don't, you're better off in Canada or the UK. To oversimplify to a great extent, if you take five people at random, in the United States four of them will live to 90 and one will be finished at 60, while in Canada or Britain all five will live to 85. Deciding which system is better depends to some degree on one's risk aversion. My LIRR/NYCT blog |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Stephen Bauman on Tue Jun 2 13:20:12 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Peter Rosa on Tue Jun 2 09:49:25 2009. To oversimplify to a great extent, if you take five people at random, in the United States four of them will live to 90 and one will be finished at 60, while in Canada or Britain all five will live to 85. Deciding which system is better depends to some degree on one's risk aversion.It's a gross oversimplification and incorrect. The life expectancy for those 65 years old was 18.7 years in 2004. The same figure for Canada was 19.5 years. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Tue Jun 2 13:57:51 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Stephen Bauman on Tue Jun 2 09:31:05 2009. Smaller sample size, fewer risks in Canada. Life expectancy has nothing to do with who has a better healthcare system. There are countries other than the U.S. with lower life expectancies which also have a socialized healthcare system, like Denmark, Ireland, Mexico and that paragon of socialism, Cuba (won't see that in Moore-on's "Sicko").Also, no one is defending the status quo in America, Chris and I are just attacking one solution (single payer socialized medicine). Why? It creates more problems than it solves. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Tue Jun 2 13:59:32 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Mon Jun 1 17:56:38 2009. Short term losses do not negate long term gains. Stocks and other financial market investments offer a steady stream of income. It's not a throw of the dice. |
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| (456995) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by AlM on Tue Jun 2 15:15:18 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Tue Jun 2 13:59:32 2009. Short term losses do not negate long term gains. Stocks and other financial market investments offer a steady stream of income. It's not a throw of the dice.1. Usually true, but not in 2008. The losses in 2008 negated an awful lot of gains. 2. False. No reasonable person relies on stocks for a steady stream of income. They rely on stocks for long term returns that are better than other financial investments. 3. Usually a true statement, but not in 2008. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Tue Jun 2 15:18:14 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Tue Jun 2 13:59:32 2009. That may have been the historical reality, but this past year, the entire financial "industry" completely screwed the pooch. The severity of those losses as a result of the Ponzi schemes are likely to never be made up, much less compensated. It's time to change the entire basis as a result of Russian mob-like behaviors. :( |
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| (456998) | |
Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by AlM on Tue Jun 2 15:20:44 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Tue Jun 2 13:57:51 2009. Smaller sample size, fewer risks in Canada.Huh? A system with 30 million people isn't a big enough sample size. Once again, you need to learn some statistics. There are plenty of reasons why Canada has a longer life expectancy than the US, but sample size and "fewer risks" aren't among those reasons. Or do you think it's the lack of tornados, hurricanes, and devastating earthquakes that give Canadians a long life expectancy? |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Peter Rosa on Tue Jun 2 15:33:51 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by AlM on Tue Jun 2 15:20:44 2009. There are plenty of reasons why Canada has a longer life expectancy than the US, but sample size and "fewer risks" aren't among those reasons. Or do you think it's the lack of tornados, hurricanes, and devastating earthquakes that give Canadians a long life expectancy?Mainly it's because there's less poverty in Canada. Poverty is associated with reduced life expectancy. My LIRR/NYCT blog |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Tue Jun 2 15:59:49 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Peter Rosa on Tue Jun 2 15:33:51 2009. There's less poverty in Canada for two major reasons - first, a functional education system which allows any able-bodied citizens a real chance at competing with the world and second, social welfare for those unable to work without the stigma. Add to that proper regulation of hazards and you have a society that is in much better shape than our own. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Stephen Bauman on Tue Jun 2 16:31:08 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Tue Jun 2 13:57:51 2009. Life expectancy has nothing to do with who has a better healthcare system.Fine, what are the criteria associated with a better health care system? There are countries other than the U.S. with lower life expectancies which also have a socialized healthcare system, like Denmark, Ireland, Mexico and that paragon of socialism, Cuba (won't see that in Moore-on's "Sicko"). Actually, Denmark and Ireland now have longer life expectancies at birth, according to the CIA. no one is defending the status quo in America, Chris and I are just attacking one solution (single payer socialized medicine). Which solution are you proposing? N.B. despite your stated dislike of the status quo, I equate "none of the above" to the status quo. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Tue Jun 2 16:43:21 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by AlM on Tue Jun 2 15:20:44 2009. Canadian population: approx 33 millionU.S. population: approx 305 million Canada's population is only one ninth that of the USA. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Tue Jun 2 16:49:35 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Stephen Bauman on Tue Jun 2 16:31:08 2009. Fine, what are the criteria associated with a better health care system?Cost effectiveness would be my main criteria, but not the only one Actually, Denmark and Ireland now have longer life expectancies at birth, according to the CIA. According to the same source, they don't. Which solution are you proposing? N.B. despite your stated dislike of the status quo, I equate "none of the above" to the status quo. First thing I'd do is cease this bizarre connection between health insurance and your employer. It should be purchased individually, like car insurance. If a state wants to mandate someone have some sort of coverage, I could live with that. What I don't want is the government in control of the entire industry. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Chris R16/R2730 on Tue Jun 2 16:51:22 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by SelkirkTMO on Tue Jun 2 15:59:49 2009. There's less poverty in Canada because it's not a magnet for poor, unskilled immigrants.Canada also has a lot less wealth. |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by SelkirkTMO on Tue Jun 2 16:57:00 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Tue Jun 2 16:51:22 2009. I believe Canadians would disagree on both counts ... particularly on the "immigration" angle since it's part of the British Commonwealth and citizens of Asia, Africa and other former British territories are welcomed. And out west, there's plenty of complaining about them. As to less wealth, as you pointed out, it's about 1/9 the size of the US and yet seems to have better per-capitas. One might ALSO note that unlike here, they're not flat broke on their arse. :) |
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by B1bus on Fri Oct 16 01:07:12 2009, in response to State of Economy Grounds for Price Controls on Gas and Diesel, posted by Dieseljim50 on Sun May 31 09:49:54 2009. Yes, I didn't know how to spell his new name. |
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