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Folks, gas is NOT expensive. No, really.
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georgia_tech_swagger Offline
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Post: #1
Folks, gas is NOT expensive. No, really.
... it is just that the dollar sucks. And currency is 1/2 of every transaction.

[Image: costofoil.gif]
02-25-2012 08:29 AM
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Ninerfan1 Offline
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Post: #2
Folks, gas is NOT expensive. No, really.
And who do we have to thank for the dollar being in the tank?
02-25-2012 08:43 AM
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Jugnaut Offline
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Post: #3
RE: Folks, gas is NOT expensive. No, really.
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.
02-25-2012 08:45 AM
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Ninerfan1 Offline
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Post: #4
Folks, gas is NOT expensive. No, really.
(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.
02-25-2012 08:48 AM
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WoodlandsOwl Offline
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Post: #5
RE: Folks, gas is NOT expensive. No, really.
(02-25-2012 08:48 AM)Ninerfan1 Wrote:  
(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

Add in Turbo Tax Tim Geithner, Goldman Sachs, UBS, Citigroup
02-25-2012 09:01 AM
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georgia_tech_swagger Offline
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SkunkworksFolding@NCAAbbsNCAAbbs LUGCrappies
Post: #6
RE: Folks, gas is NOT expensive. No, really.
(02-25-2012 08:48 AM)Ninerfan1 Wrote:  
(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

I can't take you seriously unless you admit Dubya did a damn fine job of this, too.
02-25-2012 09:11 AM
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Ninerfan1 Offline
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Post: #7
RE: Folks, gas is NOT expensive. No, really.
(02-25-2012 09:11 AM)georgia_tech_swagger Wrote:  I can't take you seriously unless you admit Dubya did a damn fine job of this, too.

Putting aside for a moment my deep seeded emotional need to have you take me seriously, I was frequently critical of Bush's fiscal/spending policies during his presidency, and after. NCLB, Medicare Part B etc. were all bad policy that were all debt that hurt the dollar. The accessibility of cheap credit to unworthy borrowers hurt as well, though neither was caused by Bush.
02-25-2012 09:44 AM
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