President, Congress offer no immediate help on gas prices

[KLYPH]

Democrats came up with a great Idea! Socialise The Oil Industry!

http://www.republitarian.com/?p=1148

As my friends on another forum put it(lyrics): "There's blood in the streets, it's up to my ankles

Blood in the streets, it's up to my knee"

"This is the endBeautiful friendThis is the endMy only friend, the end"

I couldn't have said it better.

[HashiriyaS14]

not a bad idea. now, how would you pay for it. most good ideas never make it to fruitiion because they cant figure out how to pay.

Easy, the prison system wouldn't pay for it, it would get paid via the budgets of the projects that are getting worked on.

I think that private enterprise should be able to contract prison labor to get a volunteer workforce at low cost. Everyone wins.

[AZhitman]

I think that private enterprise should be able to contract prison labor to get a volunteer workforce at low cost. Everyone wins.

Attaboy - Spoken like a TRUE Conservative Capitalist!

<sniff> I'm so proud... <sniff>

[HashiriyaS14]

Attaboy - Spoken like a TRUE Conservative Capitalist!

<sniff> I'm so proud... <sniff>

Yeah, despite my recently-acquired reputation as a libby on here, fiscally speaking, I'm probably to the right of just about anyone. I support the nearly-unregulated privatization of all sorts of things, including prisons, much of the military, social security, healthcare, energy, police forces, and other even weirder things.

[smockers83]

Read the ICE. ICE articles I have quoted above.

Yes, after rereading those articles and looking into it more, I think the remarks I heard about speculators were misquoted and misleading. Speculators are good for the market, but when they bid up the price of oil, that becomes a problem. Recent hearings have multiple analysts saying the price of gas could drop to about $2 if Congress limits speculators and that the price of oil could fall more closely with its marginal cost of about $65-75 a barrel.

[telcoman]

Unions can kiss my azz?

The decline of the living standard of middle class in this country began in 1982 when President Regan fired the Air Traffic Controllers. As union membership declined so did the standard of living for most Americans.

In the past 40 years there have been only 3 democrats in the white house.The mess this country is in is the result of the present occupant and the republician administration.

Telcoman

[AZhitman]

^ More broad generalizations.

[smockers83]

One thing I'd like to point out is that the rapid decline of the percentage of workers who are members of unions started in 1976. Who was running for president in 1976? Good ole Jimmy Carter and its been in a decline mode since 1953. Union membership in terms of people reached its peak in '75. Union membership can't be attributed to who's in the Oval Office. Since 1975, union membership has increased only once during an election year (1988) and it subsequently fell. It has fallen under every president and has been steadily decreasing since about 1984. This may surprise you telcoman, that downward trend slowed down under George H.W. Bush and then started its decline again under Clinton. Unions can't be tied to standard of living either as GDP per capita has increased. What has changed though is the distribution of income and that isn't necessarily due to union membership.

[smockers83]

Another example of why the futures market and traders can help stabilize markets on a technical basis (without the possible idea of speculators bidding up prices). Look at the onion market, a commodity banned from the futures market.

http://money.cnn.com/2008/06/2...63011