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balducci
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As I understand it, Hitler had quite a number of apologists for him back in the day.

Anyway, 'ifs' and 'but fors' and 'hypotheticals' don't really matter here, the simple fact is that Saddam's regime did not commit the same scale of atrocities that Hitler's did. You can't really argue that. Hitler was responsible for the death of many millions of people.

We can argue that Markymark's comparison might be off, but factually it was far 'less off' than Tom's. That's all I was saying.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
LobowolfXXX
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Quote:
On 2008-04-07 22:52, balducci wrote:
As I understand it, Hitler had quite a number of apologists for him back in the day.

Anyway, 'ifs' and 'but fors' and 'hypotheticals' don't really matter here, the simple fact is that Saddam's regime did not commit the same scale of atrocities that Hitler's did. You can't really argue that. Hitler was responsible for the death of many millions of people.



I agree with all of this. With respect to the first paragraph, I'd like to think that if the Hitler era had anything to teach us, it's that appeasement doesn't work with evil tyrants. "War is not the answer" always depends on the question.

With respect to the second paragraph, I was only pointing out that we shouldn't compare Hitler and Hussein by comparing the rest of the world's reactions to them. With that said, I wouldn't take the other side of your point about the relative "merits" (??) of the two (and I'm not really sure how anyone could, with a straight face).
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
balducci
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I certainly wasn't trying to make any point about Saddam having any 'merits'. Tom brought Hitler into this conversation (Goodwin's Law?), I was just pointing out that his comparison wasn't a good one.

Anyway, I'd rather get back to a discussion of gas / oil / etc.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
MagicSanta
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The oil companies answered it themselves to congress. They said they were going to make as much money as they could so they could 'make it through the bad times', which don't exist for them it seems.

I'll tell you the problem, they are public companies. As public companies they have an obligation to share holders to increase profits and as such will never do anything that isn't to that end. Here is the problem, they are an industry just like electric companies and water companies, they serve the public good. As such they have the capability, and are doing so now, in causing inflation and bring about a recession, too much power for a few companies to have. A good example is here in the lovely state of Nevada the budget is shot and getting worse. The reasons are people won't pay to drive here because of the cost of gas and that effects tourism which is a major business and you know how that goes. I heard on the news today that the state alloted $1.7 million for fuel used in state vehicles, mostly by the department of transportation. They estimate with less usage and even though the budget didn't increase the cost this year will be around $3 million. Consumer goods are going up, less money is available to buy goods and services, the simple fact is the oil companies who claim they are just trying to avoid 'the bad times' is going to destroy the economy and I can see why many countries control the oil and fuel industry. There are companies dissolved because of monopolies and while I am a capitalist I think those companies in the public good, gas, electric, water, phone, and motor fuel, should be regulated because they cannot be trusted. Enron is a good example of how an electric company can destroy people....I still remember paying over $500 a month for power when I was using virtually none and people with kids to keep warm that I knew had bills over $800 a month due to Enron being thieves in the name of profits and the oil companies are doing the same thing.

I'll tell you what, I really honest to god think the US should pull out of the mid east except for Israel and let the savages have the oil workers and the royal family. If they think, the oil companies, are such hot shots let them deal with paying their own security measures....for the few hours it takes for their crews to all be dead and then the poop will really hit the fan. That won't happen because they knew the same people they are screwing are paying the military to protect them and the royal Saud family. The investors be ***ed, that is the risk you take, maybe if the oil companies could have settled for a fair profit rather than raping the land it wouldn't offend so many people (the only ones really behind them are those making money off them).
Markymark
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True enough...except for the part about Israel!

When I said 2,000 people I was only talking about the mustard gas attack on the
Kurdish village in 1988.
''In memory of a once fluid man,crammed and distorted by the classical mess'' -Bruce Lee
balducci
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Quote:
On 2008-03-11 15:34, balducci wrote:
Just some comments on oil ...

Every week I am amazed at how pathetic are the experts who try and predict the numbers in the U.S. Energy Information Administration's weekly oil inventory report.

Week after week the experts trying to predict this report seem to get the numbers wrong. I mean, REALLY wrong. These so-called experts (mostly Wall street analysts, I imagine) seem worse than weather forecasters or regular run of the mill economists when it comes to making forecasts.

And scads of Wall Street experts are STILL predicting numbers like an average price of "$80 per barrel" throughout 2008. Hello?

I don't know, they just seem totally clueless about oil to me.

Another week, another miss by the expert oil economists:

"In its weekly inventory report, the Energy Information Administration said crude stocks fell by 3.2 million barrels in the week ended April 4. Analysts had been expecting an increase of 2.4 million barrels, according to a Dow Jones poll."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
balducci
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Based in part on the news reported above, we have a new record price for oil:

---
NEW YORK (AP) - The price of oil has surged to a new record, with a barrel a crude trading above $112 a barrel on the New York Mercantile Exchange.

A government report that oil and fuel supplies were lower than expected last week gave crude a push past its latest milestone. But months of buying by speculators and by investors seeking refuge from a falling dollar have also lifted oil to its new heights.

Light, sweet crude for May delivery has traded as high as $112.16, surpassing the previous trading record of $111.80 set ast month.
---
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
gaddy
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May God bless our brave oil executives!
*due to the editorial policies here, words on this site attributed to me cannot necessarily be held to be my own.*
Tom Bartlett
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Quote:
On 2008-04-07 22:52, balducci wrote:
As I understand it, Hitler had quite a number of apologists for him back in the day.

Anyway, 'ifs' and 'but fors' and 'hypotheticals' don't really matter here, the simple fact is that Saddam's regime did not commit the same scale of atrocities that Hitler's did. You can't really argue that. Hitler was responsible for the death of many millions of people.

We can argue that Markymark's comparison might be off, but factually it was far 'less off' than Tom's. That's all I was saying.


Markymark presented his as a mater of fact. My statement was expected to be accepted as an exaggeration. Markymark's comparison was not off, it was a lie.
Our friends don't have to agree with me about everything and some that I hold very dear don't have to agree about anything, except where we are going to meet them for dinner.
balducci
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FWIW, from a link on drudge:

Saudi to leave some oil finds for future
By Agencies on Sunday, April 13 , 2008

Saudi Arabia's King Abdullah said he had ordered some new oil discoveries left untapped to preserve oil wealth in the world's top exporter for future generations, the official Saudi Press Agency (SPA) reported.

"I keep no secret from you that when there were some new finds, I told them, 'no, leave it in the ground, with grace from god, our children need it'," King Abdullah said in remarks made late on Saturday.

US President George W Bush in January urged the Saudi King to help tame soaring prices by encouraging Opec to pump more oil. On separate trips to Saudi Arabia this year, the US Energy Secretary also asked for more oil, while the Vice-President discussed high prices with the king.

The kingdom has spent billions on building over 2 million bpd of spare crude capacity and is the only country in the world able to bring online large volumes of crude supply quickly to deal with unexpected supply shortages.

Opec held production steady at meetings in February and March despite calls for more oil from the US and other consumers. Opec officials blame the high price on factors beyond the group's control such as the weak dollar, investment flows into commodities and speculation. Saudi Oil Minister Ali Al Naimi said last week that global oil markets were well supplied and there was no need to put more oil on the market, despite prices hitting a record of over $112 a barrel last week.

Saudi Arabia has trimmed its output to around 9 million bpd to reflect lower customer demand, a Saudi oil source said on Friday. The kingdom had in previous months pumped around 9.2 million bpd. Crude demand traditionally dips at this time of year after the end of winter as refiners carry out maintenance and prepare to meet summer demand.

Saudi production capacity stands at around 11.3 million bpd, and is scheduled to rise to 12. 5 million bpd next year.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
balducci
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And ...

Oil price climbs to record $112.48 a barrel

Associated Press

Monday, April 14, 2008

SINGAPORE — Oil prices have hit an intraday trading record above $112 (U.S.) a barrel after the U.S. dollar fell further and some crude supplies were disrupted.

Light, sweet crude for May delivery rose to $112.48 a barrel in electronic trading on the New York Mercantile Exchange midmorning in Singapore Tuesday.

That surpasses the previous record set last week at $112.21.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
Dannydoyle
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Yep, sky is falling. Look out.
Danny Doyle
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<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
balducci
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Quote:
On 2008-04-15 12:05, Dannydoyle wrote:
Yep, sky is falling. Look out.

Nah, it's not falling but oil has hit another record of $113.60 per barrel since I last posted.

Hey, I came across an on-line interview earlier today that you in particular might really enjoy listening to. But I want to finish listening to it myself before I post it, so maybe sometime later this evening.

Incidentally and seriously, Danny, you do anything to protect yourself (e.g., through investments) against the high price of oil and gas and, increasingly, food, or do you just sort of ignore it all and hope for the best?
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
Dannydoyle
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Your kidding right?

Of course I have.

Do you think EVERYONE is losing money right now? Just because this is how it is being portrayed in the media?

Do you know a predominant senator has said we need to move away from an "on your own" society and move to one which centers on "shared responsibility and prosperity"? Personally that sounds like socialism to me.

What is wrong with standing on your own, thinking for yourself, being your own person? We have lost this as a society.

Did you read the books I suggested? All your answers lie within. Economics is NOT a zero sum game. People lose money, people make money, and the world still turns.

You can keep posting bad news, good news spun into bad news for an agenda, and I can keep posting good news, and bad news spun into good news.

Here is my thought on the whole subject in a nutshell. If you are a negative person and want to believe the sky is falling and everything is bad, then it is. You (not YOU but you in general) will find a way to make it happen or use it as an excuse. If you are a positive person then things are good. You (again not YOU but you in general) will find a way to make things work and life goes on.

Either way, the debate is pointless for those who have chosen. For those who have not, it is sad to bring them into a bad way if you ask me.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Tom Bartlett
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Quote:
On 2008-04-15 15:47, Dannydoyle wrote:
Your kidding right?

Of course I have.

Do you think EVERYONE is losing money right now? Just because this is how it is being portrayed in the media?

Do you know a predominant senator has said we need to move away from an "on your own" society and move to one which centers on "shared responsibility and prosperity"? Personally that sounds like socialism to me.

What is wrong with standing on your own, thinking for yourself, being your own person? We have lost this as a society.

Did you read the books I suggested? All your answers lie within. Economics is NOT a zero sum game. People lose money, people make money, and the world still turns.

You can keep posting bad news, good news spun into bad news for an agenda, and I can keep posting good news, and bad news spun into good news.

Here is my thought on the whole subject in a nutshell. If you are a negative person and want to believe the sky is falling and everything is bad, then it is. You (not YOU but you in general) will find a way to make it happen or use it as an excuse. If you are a positive person then things are good. You (again not YOU but you in general) will find a way to make things work and life goes on.

Either way, the debate is pointless for those who have chosen. For those who have not, it is sad to bring them into a bad way if you ask me.


Danny, you are a voice of reason in the wilderness of doom and despair.



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Our friends don't have to agree with me about everything and some that I hold very dear don't have to agree about anything, except where we are going to meet them for dinner.
balducci
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Quote:
On 2008-04-15 15:47, Dannydoyle wrote:

Of course I have.

If you don't mind my asking, how exactly? Myself, I've taken advantage of investments in oil and gas and, over the last 6 months or so, in POT (i.e., Potash Corp.). Do you have good and specific investment tips you could recommend?

Quote:
On 2008-04-15 15:47, Dannydoyle wrote:

Do you think EVERYONE is losing money right now? Just because this is how it is being portrayed in the media?


No, I don't. Perhaps you have me confused with someone else? Actually, today my stock portfolio hit an all-time high on the strength of oil and POT. In fact, I scaled the portfolio back a bit because it has run up so far and so fast over the last month or so.

Quote:
On 2008-04-15 15:47, Dannydoyle wrote:

Did you read the books I suggested? All your answers lie within. Economics is NOT a zero sum game. People lose money, people make money, and the world still turns.


Yes, I accessed part of ""Economic Facts and Fallacies" in the form of an interview Sowell gave about the book. He didn't really say anything I wasn't aware of.

And I also read a number of his articles, as archived on his website.

To be honest, his writings did not resonate with me all that much and here is why: So much of his writing concerns itself with race relations, affirmative action, political correctness, and the like. Significant and weighty topics, to be sure, but not really of much relevance to life in my neck of the woods.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
LobowolfXXX
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Good time for consumer staples. I'm also a fan of DRIPs and selling covered calls.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
Dannydoyle
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I would NEVER recomend any spacific investment to anyone. I would not want that responsibility.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
balducci
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Quote:
On 2008-04-16 01:52, Dannydoyle wrote:
I would NEVER recomend any spacific investment to anyone. I would not want that responsibility.

I'm certainly not trying to be anyone's financial adviser, I'm just sharing my knowledge and expertise. Everyone is responsible for making their own decisions and doing their own due diligence.

Since I mentioned POT (Potash Corp.) just yesterday, the company announced that it has now signed a deal and subsequently more than TRIPLED the price it is selling its product to China for. POT had another nice pop up in price today.

If anyone thinks OIL has gone up in price recently, check this out:

"NEW YORK (Reuters) - Chinese fertilizer importers agreed on Wednesday to pay more than triple what they did a year ago for potash imports.

North American exporter Canpotex has agreed to sell potash in 2008 to Sinofert Holdings, the largest distributor of fertilizers in China, for $576 per tonne, a whopping $400 per tonne higher than the price it paid a year ago.

Canpotex is a venture of Potash Corp (POT.TO: Quote, Profile, Research), Mosaic Co (MOS.N: Quote, Profile, Research) and Agrium Inc (AGU.TO: Quote, Profile, Research) that exports potash produced by all three companies from the Canadian province of Saskatchewan."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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