tag:blogger.com,1999:blog-20377909.post114029485302621714..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Oil back on the RadarRandyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-20377909.post-1140826197877628262006-02-24T16:09:00.000-08:002006-02-24T16:09:00.000-08:00Stu,Outstanding article! I printed it out and sha...Stu,<BR/><BR/>Outstanding article! I printed it out and shared with several friends.Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140517082952731082006-02-21T02:18:00.000-08:002006-02-21T02:18:00.000-08:00From hereIn a stunning speech given on 15th Februa...From <A HREF="http://wakeupfromyourslumber.blogspot.com/2006_02_01_wakeupfromyourslumber_archive.html" REL="nofollow">here</A><BR/>In a stunning speech given on 15th February before the House, Rep. Ron Paul (R-Texas) finally gave the US government the formal and thorough thrashing it deserves for wreaking decades of economic destruction at home and abroad through a corrupt and debased fiat DOLLAR backed by a massive military industrial complex.<BR/><BR/>The full transcript is available here:<BR/><A HREF="http://www.house.gov/paul/congrec/congrec2006/cr021506.htm" REL="nofollow">The End of Dollar Hegemony</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140371876395939922006-02-19T09:57:00.000-08:002006-02-19T09:57:00.000-08:0041 Cadillac: Read the article you provided...That ...41 Cadillac: Read the article you provided...That guy is either smoking crack or drinking way too much kool-aid. Either way, I think he's in for a disappointment.<BR/><BR/>OSMAN, regarding Peak Oil: When we tally in China, India and other growing economies, world energy consumption has never been greater and Oil supply lines are becoming severely strained. I believe we are very near, if not already in Peak Oil.<BR/><BR/>With that said, baring a war with IRAN or a catastrophe in the strait of Hormuz, I don't believe the full effects of peak oil will be felt for several more years. I strongly believe that our economy is set to contract (recession or depression), and when it does, China and the world will also contract. This contraction will reduce oil consumption across the board, and supply lines should have no difficulty keeping up with demand. <BR/><BR/>Only during the next worldwide recovery phase (my thoughts anyway) will Peak Oil really come in to play. <BR/><BR/><BR/>Regarding Baby Boomer Retirements: These are the only folks with any money in our economy today and when they begin to retire, they will take money out of their investments (stock market will decline), they will require earned benefits from previous employers (more pension plans will go belly up and fall on PBGC), and they will require more from our federal government (which will add more red ink to our already dismal state of affairs). Bottom Line: It will be very bad for the US economyRandyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140370278855483002006-02-19T09:31:00.000-08:002006-02-19T09:31:00.000-08:00Also,When OPEC saw the price fall below 60, they t...Also,<BR/><BR/>When OPEC saw the price fall below 60, they threatened to cut exports. MAN! It looks like Opec will do everything in their power to keep prices high!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140364806684290602006-02-19T08:00:00.000-08:002006-02-19T08:00:00.000-08:00Randy: Did you see this! Median home prices coul...Randy: Did you see this! <BR/><BR/>Median home prices could shoot up 30 to 40 percent over the next two years.<BR/><BR/>"I feel comfortable with that, although 40 percent would be in the upper end of possibility," Yun said. "As for the lower end, getting double-digit appreciation will be an easy task for Seattle."<BR/><BR/>The senior economist for the National Association of Realtors, Yun holds a doctorate in economics and regularly analyzes home-sales trends throughout the country from his office in Washington, D.C.<BR/><BR/>Link:<BR/><BR/>http://seattletimes.nwsource.com/html/realestate/2002812615_appreciation19.html?syndication=rss41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140310885051970862006-02-18T17:01:00.000-08:002006-02-18T17:01:00.000-08:00What are your thoughts to Peak Oil and the fact th...What are your thoughts to Peak Oil and the fact that the leading edge of the baby boomers is now of retirement age? <BR/><BR/>Here's my <A HREF="http://boulderrealty.blogspot.com" REL="nofollow">locally focused real estate research blog</A>.Osmanhttps://www.blogger.com/profile/02510751654484933836noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1140298397137329652006-02-18T13:33:00.000-08:002006-02-18T13:33:00.000-08:00Yes, My favorite commodity, oil and natural gas!Pl...Yes, My favorite commodity, oil and natural gas!<BR/><BR/>Plastic made from oil!<BR/>Road asphalt made from oil!<BR/>Cars run on oil of course!<BR/>Airlines depend on fuel oil!<BR/>Electricity from natural gas! <BR/>All construction depends on oil!<BR/>Homes heated with oil and gas!<BR/><BR/>I am sure you get the point. <BR/><BR/>All other energy sourses of course will help, BUT this earth runs on oil. <BR/><BR/>World citizens cannot live without oil. An overpriced house can be chucked. The overpriced houses will be chucked.<BR/><BR/>doremefas41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.com