[This followup was posted to alt.auto.mercedes and a copy was sent to
the cited author.]
We are paying for it once as the Oil War is being charged to Uncle Sam's
Visa Card; the little idiot emporer has decreed that his subjects will
pay less taxes for now. The reckoning will not come until the next
administration (or later) comes in to clean up the Bush II financial
mess. Watch US interest rates skyrocket and the economy tank
It was called 'stagflation' after the USA fought the Vietnam War without
paying for it. If you didn't see the original you will love the sequel.
1. Only a small portion of our fuel comes from Saudi, etc.
Venezuela & other S.A. nations, iirc, are our source for a much higher
We can't really blame the sheiks.
And W is no more to blame than HW or the HillBillies.
2. It's our economy, not the government's.
It is what we make it by how we spend our money.
If we don't buy Chinese goods, China hurts, oil falls, and US business
Government meddling, by both political philosophies, is damaging to the
Adam Smith was always right.
On Mon, 08 Aug 2005 05:48:50 -0700, Cheesehead wrote:
I totally agree with you on government meddling - but we have
a government in place that has told us "be afraid of everything -
vote for us and we'll fix it" Too many idiots buy that propaganda,
as evidenced by the last presidential election. And yes,
frankly, "W" is too blame - his administration, business associates,
and policies have been stunningly exploitive - while "W" shakes
his head and asks (I'm NOT making this up) "Is our kids learning".
Let's hope they are learning - otherwise we can look forward to
Jeb in 2012. And trust me - I have roots in Florida and Texas -
Jeb's no more competent than his brother - it's just that he can
be an idiot in two languages, where "W" hasn't mastered one yet.
I can't totally agree with you on the source of America's petrol.
As you noted in point 2, there are two ways Americans buy
petroleum - one is at the gas pump. But the other is when we
purchas manufactured goods from other companies. Wander
through your home and inspect everything you've bought lately.
When it says Made in XYZ, you've bought petroleum based on XYZ's
petrol purchasing policies. So yeah, maybe we're buying Chavez'
oil at the pump (but given the increasing political friction,
how long will that last?), but we're buying petroleum elsewhere
far too often when we go shopping.
Get used to it. It is likely to get worse over the next five years unless
World recession takes hold.
Here in the UK we are now at somewhere near $7US per US gallon. The economy
is not great but it is not bad either.
Thath's how it is and will be.
Well come to the world of globalisation. While the economics of the
third world rices, it will go down or at least stop growing in developed
countries. And there is nothing we can do about it.
Not necessarily. Consider the decades following WWII, when ruined
European and Japanese economies were developing, yet the US was fairly
prosperous concurrently. As the third world countries develop, they
become not only producers, but consumers. GM sells a lot of vehicles in
The limited and diminishing supply of petroleum is an altogether
differet problem, and when it gets bad enough, some enterprising people
will develop a replacement.
Main issue is are you sure it does not rice GM prices, when chinese buy
Then the other thign is that after WWII GM cars were made in USA and it
was good for US economy. Now GM cars sold in China are not made by
americans any more.
Well, that's a totally different story.
On Tue, 09 Aug 2005 12:41:15 +0300, Harri Markkula wrote:
Uuuurgh - here in the SouthEast U.S., diesel was at or less than
regular prices a couple of year ago. It is now higher than premium.
This has nothing to do with globalization, and everything to do
with the government and petroleum companies believing (correctly)
that the average American consumer has been rendered completely
idiotic by watching too many episodes of Jerry Springer.
When we re-affirmed our voting commitment to Prez Shrub and his
Saudi buddies (quiz - how many 9/11 terrorists were Saudi?) we
sent a clear message that we would bend over and take it in the
rear sans vaseline. When we had the nerve to squeak at the resulting
rise in fuel prices, there was some fast sleight-of-hand, and gas
prices were (temporarily) lowered - but they raised diesel prices.
We thanked the government for saving us yet again, but failed to
notice that we were still paying higher fuel prices - but we were
paing them at the grocery store - because the major consumers of
diesel in the U.S. are truckers. Ooops.
On the flip side - Petroleum is a finite resource. No matter which
theory of petroleum creation you subscribe to, we will run out,
sooner or later - or to be more accurate, we won't run out - it
will just become increasingly scarce and expensive. So what the
heck - let Bush and his petrol buddies make a few bucks while they
can, because sooner or later, we are going to have to change
something and sooner is better than later. And frankly, when I
think of the image of certain mid-east governments sucking the
last few drops of oil from dry sand, while American farmers are
getting paid to raise veggie-oil crops, it can't happen too soon.
I am now paying $ 1.07 - 1.09 a litre = approx. $4.00 a gallon in Canada.
Why the H didn't you invade & take over Saudi Arabia. The big bonus would
have been to control the oilfields & get rid of the "kings". A side bonus
would be putting a bigger dent in the fight against terrorists. How many of
their leaders are Saudis?
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