Obamanomics - Fascist/Statist New Deal II

[4dmin]

Hey Paul, you heard of this thing called OIL? I think we use alot of it, i may be wrong, but im pretty sure its a neccessity.

LOL

OIL is whats causing prices to go up, nothing else. They are raising prices on goods to deal with 100$+ barrels or oil.

But you prob think its because George Bush said so

that is false statement. oil is a factor but there are tons of factors... living standards and goods just cost more in general. if we could point the finger at one thing like OIL you would see price of everything drop w/ it... say gallon of milk... have prices dropped? No. OIL is under 100$ a barrel why hasn't milk? what are the factors? production cost, competition, regulations, taxes, etc, etc, etc

If Hilary was a republican and her vs Obama, GA would be on Hillary nuts.
thats how its always been here.

great post

[BanginJimmy]

oil is a factor but there are tons of factors... living standards and goods just cost more in general. if we could point the finger at one thing like OIL you would see price of everything drop w/ it... say gallon of milk... have prices dropped? No. OIL is under 100$ a barrel why hasn't milk? what are the factors? production cost, competition, regulations, taxes, etc, etc, etc

This is true.

We will use milk becuse you brought it up.

Feed for the cattle is more expensive because of the expanded use of ethanol.

Cattle numbers are down as more farmers are seeing more money in growing corn for ethanol. With less cattle, there is less milk from the source.

Transporting the raw milk to be passturized is more expensive because of increased fuel costs.

Packaging the milk in plastic containers is more expensive because plastic is a petroleum product. Also added in the costs of trandporting the packaging to where the pasturizing is done.

Transporting the packaged milk to the grocery store costs more because of the higher gas prices.


My point: Oil isnt the ONLY factor, it is one of many, but oil is still the main ingrediant in many of the individual factors. The other major factor being using food for fuel.

The law of unforseen consequences comes into effect also as more farmers are trading in their cattle to grow corn.

[4dmin]

This is true.

We will use milk becuse you brought it up.

Feed for the cattle is more expensive because of the expanded use of ethanol.

Cattle numbers are down as more farmers are seeing more money in growing corn for ethanol. With less cattle, there is less milk from the source.

Transporting the raw milk to be passturized is more expensive because of increased fuel costs.

Packaging the milk in plastic containers is more expensive because plastic is a petroleum product. Also added in the costs of trandporting the packaging to where the pasturizing is done.

Transporting the packaged milk to the grocery store costs more because of the higher gas prices.


My point: Oil isnt the ONLY factor, it is one of many, but oil is still the main ingrediant in many of the individual factors. The other major factor being using food for fuel.

The law of unforseen consequences comes into effect also as more farmers are trading in their cattle to grow corn.

benefit cost out weigh almost everything... this is where the majority of company cuts have been. oil doesn't compare to benefit cost.

[BanginJimmy]

benefit cost out weigh almost everything... this is where the majority of company cuts have been. oil doesn't compare to benefit cost.

I agree with you there.