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Post by tigerbait99 on Sept 6, 2004 16:52:13 GMT -5
Their isn't enough oil in Alaska to make a big difference in our prices and the envirnmental risk's outweigh the small oil price change. Who and the hell said I was a Democrat? Because I mentioned Gas Prices? In Europe they pay over $5 a gallon, were just spoiled and used to low prices. Did I ever say ESPNSucks2k5 is a democrat. I don't think I did. I have to agree though, we are spoiled in comparison to Europe. I disagree with you that enviromental risks outweigh the potential price drop. However, this price increase was bound to happen sooner or later. Fortunatly I live in an oil producing state, so this price hike hasn't affected me much.
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ESPNSucks2k5
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Post by ESPNSucks2k5 on Sept 6, 2004 16:56:07 GMT -5
It sounded like you were calling me a Democrat, whatever. I just think we should leave Alaska out of it. It's one of the few great places left and to ruin it over a few decades of oil? I don't think it's worth one oil spill or pipe line break. It's one of few treasures and I would like to see it left alone. We don't need Alaska oil, were just putting energy efficient cars on the back shelf because it will hurt oil prices and what not.
Their will be a day when we wish we would have started the trend earlier.
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Post by tigerbait99 on Sept 6, 2004 16:58:59 GMT -5
It sounded like you were calling me a Democrat, whatever. I just think we should leave Alaska out of it. It's one of the few great places left and to ruin it over a few decades of oil? I don't think it's worth one oil spill or pipe line break. It's one of few treasures and I would like to see it left alone. We don't need Alaska oil, were just putting energy efficient cars on the back shelf because it will hurt oil prices and what not. Their will be a day when we wish we would have started the trend earlier. Alaska is definitly a national treasure. However I still don't see the environmental effects outweighing the price drop. I will say this...Kerrys gas tax is not the answer.
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ESPNSucks2k5
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Post by ESPNSucks2k5 on Sept 6, 2004 17:03:34 GMT -5
I have been to Alaska 4 times and it is my favorite place in the world. Is Alaska worth $.30 more for gas? Anytime you build anything up their the animals leave. Caribou would have to find other places to give birth. It's not worth the short term benefits.
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Post by tigerbait99 on Sept 6, 2004 17:17:22 GMT -5
I have been to Alaska 4 times and it is my favorite place in the world. Is Alaska worth $.30 more for gas? Anytime you build anything up their the animals leave. Caribou would have to find other places to give birth. It's not worth the short term benefits. We will just have to agree to disagree on this one.
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ESPNSucks2k5
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Post by ESPNSucks2k5 on Sept 6, 2004 17:24:17 GMT -5
What a sad race we are when we agree to put life second for a few cents a gallon.
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Post by txheel98 on Sept 7, 2004 7:58:48 GMT -5
Couple of points. Point one, the US never needed a tax cut. Unemployment was still below what economists consider full employemnt (below 6.5 percent). What the US needed to do was continue to pay down the national debt. Why? Because low debt means stable low long term interest rates which in turn usually means stable low unemployment numbers. What we also needed in 2000-01 was a market correction to get rid of the bubble created by the tech industry. All this tax cut is going to do and is doing is overheat the economy and as a result inflation will rise. That's one of the reasons why you're seeing prices go up. Now the Fed is going to have to tighten monetary policy quicker than it probably wants which has the nasty effect of raise unemployment rates! Point two, on the gas tax increase. Gas tax increases are typically meant for highway infrastructure improvements. Since 1999, highway funding has remained stagnant roughly 300 million per year. The heavy highway industry states that in order to keep up with current failures and and much needed new infrastructure, it needs almost 500 million per year and will need a billion per year by 2009 if funding is not increased soon! You know what heavy higway construction means? Jobs that can't be exported to other countries. Furthermore, if you goig to tax in order to build and maintain the highway infrastructure, why not do it at the pump b/c users should foot the bill! You're going to pay for it one way or the other, through a gas tax,increased property taxes, or car registration fee increases. The user fee is the fairest way because you pay based on comsumption!
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Post by felton2unc on Sept 7, 2004 9:05:23 GMT -5
txheel when has america never paid off the debt? we always have and we always will
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Post by catsfaninva on Sept 7, 2004 9:29:11 GMT -5
whats up, you clueless fags? lol I'm back from vacation with sunburn, a hangover and a severly depleted bank account.
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Post by felton2unc on Sept 7, 2004 9:30:33 GMT -5
good to have you back catsfan, someone said you were in florida, any hurricane sightings?
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Post by catsfaninva on Sept 7, 2004 9:36:05 GMT -5
I was in South Florida from August 22-26 but for the past week or so, I've been on the outer banks of NC. freakin beautiful.
I was able to watch the Richmond floods on TV. One of the women here at the facility where I work was killed in the floods, she couldn't get out of her car. (electric windows & locks ect.) I didn't know her. all of my immediate family is fine and dandy.
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Post by txheel98 on Sept 7, 2004 10:45:32 GMT -5
It is the paying off debt that causes the problems as a function of interests rates. Its a function of supply and demand only this time in the rate market. As the Fed. gov't borrows money to finance the debt, it creates excess demand in the market thereby raising everyone's interests rates. This raise in rates causes less private investment in the economy because each loan will demand a higher yield. To keep the rates the same the fed would have to flood more money into the economy and as was discussed earlier in the thread this is basically impossible given where the interest rate lies presently. This situation helps exacerbate a weaker dollar which is great for imports put damages our current account deficit in other ways as higher interest rates encourage foreign markets to sell dollars. The exchange rate and the interest rate have an inverse relationship. There have been arguments that stated one the reasons the US enjoyed such high prosperity in 1990s had to do with the Congress' and President's agreement that there must be a balanced budget with a considerable effort made to pay down the national debt. This stable fiscal environment allowed the Fed's interventions to be targeted solely at keeping employment at a maximum while keeping inflation at a minimum. Conversely, the interest rates hikes and subsequent tax increases of the early 1990s, was a long over due reaction to an overstimualted economy in the mid 1980s.
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Post by roy_who on Sept 7, 2004 11:16:52 GMT -5
txheel you make good points, even though your FFL team is going to get biatch slapped this weekend.... Highway construction funds on the state and federal level have far underrun requirements for a couple of decades now. Portland would be an example of a city where it is now impossible to get around if you are a trucker. Too many people view roads as strictly a commuting issue instead of recognizing the need for transporting commercial goods. And lower interest rates are by far more powerful than tax rates in stimulating business spending. Speaking as a business executive who employs roughly 400 people, interest rates helped a lot and income tax cuts caused us to spend not one red cent more in the past 4 years.
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Post by felton2unc on Sept 7, 2004 11:30:11 GMT -5
catsfan- outerbanks, nc? which island? our family frequents duck, nc pretty much every summer for over 10 years
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Post by catsfaninva on Sept 7, 2004 13:33:20 GMT -5
Duck is too far north for us. we are usually between milepost 5 (kitty hawk) and milepost 16 (nags head) We usually have some kids in our midst, so we need to be close to some sort of entertainment. for as long as I've been going to the OBX, this was the first time that I took the time to drive to Hatteras. We actually climbed that f**king lighthouse. We drove all the way to Hatteras Villiage and ate some lunch while we watched the ferry from Ocracoke. When StepcatJr is a little older, we are going to go more isolated, like Rodanthe, or Buxton, or Avon. Those beaches are wild and untouched. We always go the week before labor day, you get a HUGE discount on the house rentals, b/c the locals are all back in school. This is where we are going to try to stay next year. www.villagerealtyobx.com/book/house.html?PMSUnitID=SS67
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