Low Gas Price how long

[Henning]

I don't think you know the people we are talking about here. Many are not sophisticated or educated folks.

Sent from my SM-G900V using Tapatalk

That's their choice. I knew what it would be when I went in, a 5 year job cycle because I bothered to talk to a few people. I will get you most were aware, they just choose to ignore it and have fun while the good times last. It's not an invalid philosophy.

 

[JoseCuervo]

I don't think you know the people we are talking about here. Many are not sophisticated or educated folks.

Sent from my SM-G900V using Tapatalk

Read Steinbeck and Grapes of Wrath.

Read about Detroit in the 80's.

Listen to some Woody Guthrie.


Sent from my iPhone using Tapatalk

 

[Jay Honeck]

That's their choice. I knew what it would be when I went in, a 5 year job cycle because I bothered to talk to a few people. I will get you most were aware, they just choose to ignore it and have fun while the good times last. It's not an invalid philosophy.

With the demise of blue collar America, the oil fields were one of the last places a guy could make a handsome living without a college degree. These guys don't read the Wall Street Journal, or discuss geopolitics at lunch. They just work their butts off.

They play hard, too, and have spent freely and often on the island these last several years.

 

[flhrci]

Back to $1.89 this morning. Is it over? We'll see. Could be the bi-weekly 30 cent correction and it comes back down.

 

[LevelWing]

Back to $1.89 this morning. Is it over? We'll see. Could be the bi-weekly 30 cent correction and it comes back down.

It had been at a low point here and then raised about $0.10 cents and a few days later it dropped again. It could be the holidays or any number of factors.

 

[Henning]

With the demise of blue collar America, the oil fields were one of the last places a guy could make a handsome living without a college degree. These guys don't read the Wall Street Journal, or discuss geopolitics at lunch. They just work their butts off.

They play hard, too, and have spent freely and often on the island these last several years.

Most come from a world of blue collar oil field workers and have seen their relatives, neighbors, and likely parents go through it. They know it, they just choose to live it up while they can. Oil has been in TX for enough generations that today could have been predicted 5 years ago. If you make your income from their fun, well, same cycle affects you, and the entire economy when you consider Walmart is the nation's #1 employer, and their payroll is subsidized with your taxes.

This is why I don't understand "conservatives", this is what the agenda you support does by design.

 

[Jay Honeck]

This is why I don't understand "conservatives", this is what the agenda you support does by design.

The market is what it is. There is nothing better, until we have super computers that can predict everyone's needs before they themselves know what they are.

 

[flhrci]

The market is what it is. There is nothing better, until we have super computers that can predict everyone's needs before they themselves know what they are.

Google, Apple, Microsoft, Amazon??????

 

[Henning]

The market is what it is. There is nothing better, until we have super computers that can predict everyone's needs before they themselves know what they are.

What do you think the conservative agenda supports? "The market" is no more than imagination, speculation, and social manipulation for profit. 'The Market' is about finding every advantage you can take of someone and taking it. Capitalism is no more than feudalism that was redesigned to carry the power and wealth of the aristocracy into the post Magna Carta era. The war we are fighting right now is the culmination of their past enemies from the Crusades, the Opium Wars, and the Bolshevik Revolution combined into one allied force against them.

To be 'conservative' in America is to support your own continued servitude, because that's all there is to conserve that we have left.

 

[Subsea]

What is missing from the management structure is 'oil men', they're all 'money men'. Bankers are the CEOs of oil companies. Don't do what's best for the long term of the industry, do whatever it takes to boost the stock value for the quarterly statement.

And that is what their shareholders are expecting...if the CEO doesn't ride the wave up and make the shareholders the most money, they will find another one. Typical greed.

I rode the oilfield wave, and made more money than I can ever expect to make from an employer. Now I am unemployed and capable of taking a 3 year vacation with no changes to my standard of living, or cutting into my retirement. Worth it? I'd do it again. You can't make the money I made by working for someone else (If you know of someone, let me know...haha).

Like you have said, it should have been no surprise, and the writing was on the wall. A fool and his money are soon parted.

 

[Henning]

And that is what their shareholders are expecting...if the CEO doesn't ride the wave up and make the shareholders the most money, they will find another one. Typical greed.

I rode the oilfield wave, and made more money than I can ever expect to make from an employer. Now I am unemployed and capable of taking a 3 year vacation with no changes to my standard of living, or cutting into my retirement. Worth it? I'd do it again. You can't make the money I made by working for someone else (If you know of someone, let me know...haha).

Like you have said, it should have been no surprise, and the writing was on the wall. A fool and his money are soon parted.

Exactly, if you understand how to work it, it's actually not a bad deal because while you work hard when you work, you get a lot of time off to enjoy life and travel.

 

[Jay Honeck]

What do you think the conservative agenda supports? "The market" is no more than imagination, speculation, and social manipulation for profit. 'The Market' is about finding every advantage you can take of someone and taking it.

You say that like it's a bad thing.

The reason the Market works better than anything yet devised is because it works in harmony with human nature. Every other failed economic model strives mightily against human nature, which is why they all fail, without exception.

Until we have super computers that can command unmanned, fully automated factories to make whatever the public wants in sufficient quantities as required, completely outside and beyond the need for any reward for their expense, we will need to rely on the Market to adequately meet our needs.

And for the service industry there simply is no substitute -- at least not until we have fully autonomous robot servants, built by the aforementioned fully automated factories.

What humans will do with themselves at that point is open to conjecture.

 

[Clark1961]

You say that like it's a bad thing.

The reason the Market works better than anything yet devised is because it works in harmony with human nature. Every other failed economic model strives mightily against human nature, which is why they all fail, without exception.

Until we have super computers that can command unmanned, fully automated factories to make whatever the public wants in sufficient quantities as required, completely outside and beyond the need for any reward for their expense, we will need to rely on the Market to adequately meet our needs.

And for the service industry there simply is no substitute -- at least not until we have fully autonomous robot servants, built by the aforementioned fully automated factories.

What humans will do with themselves at that point is open to conjecture.

We already have a model for that: trust fund kids. They smoke pot, fornicate, and generally do little that is useful.

 

[Henning]

It is a bad thing, it's why we have the crap society we do, and have been outplayed by China. In the next 7 years, if we make it that far, we will face a fork with two choices, nuclear annihilation or Chinese rule. Those are the only options going forward. We cannot win in a conventional war against China without having an autonomous military, and even then, they have nukes they can launch in retaliation. They OWN US, when the Russian/Chinese/Iranian alliance secures all the Asian oil fields (as well as the US fields they are buying with our own worthless cash) away from the Federal Reserve petrodollar tax, our economy will collapse, because that's the last thing supporting the dollar, everything else is debt, and the Chinese own the controlling interest of it. Once the Fed collapses, thanks to the Federal Reserve Act, there is no way the Treasury can stay solvent and pay the bill on the outstanding bonds, and China forecloses.

The markets do not represent mankind, that is what Greenspan finally figured out in 2008, and as long as we give the markets control of all the natural resources, they will use them to take advantages of 'others'. As long as we do that, then we ar 'Infidels' and will be under attack from Islam.

Feudalism wasn't good 1000 years ago and it's still not good now, because it abuses people and ****es them off; it's the tyranny our forefathers fought a revolution to escape. Capitalism is Feudalism using money for control rather than divine right, but the money is a carry over from the wealth garnered by divine right.

 

[Jay Honeck]

The markets do not represent mankind

What's funny is that everything you mention in your apocalyptic post is being driven by "the Market" -- because not only does the Market "represent" mankind, it IS mankind.

We are the market, and it serves us well. Which is why, of course, humanity has never been healthier, wealthier, or better educated than it is right now -- something we should all remember on this Thanksgiving day.

As much as we all love to *****, these truly are the best of times for more people than ever, worldwide.

 

[Henning]

What's funny is that everything you mention in your apocalyptic post is being driven by "the Market" -- because not only does the Market "represent" mankind, it IS mankind.

We are the market, and it serves us well. Which is why, of course, humanity has never been healthier, wealthier, or better educated than it is right now -- something we should all remember on this Thanksgiving day.

As much as we all love to *****, these truly are the best of times for more people than ever, worldwide.

No, "The Market" is a tool, there is nothing anthropomorphic about it. It is a tool of usury, the tool that allows those with wealth enslave mankind if they desire, and the greedy with wealth do desire. It is designed to funnel wealth to the wealthy.

Look at the national debt, look at Quantitative Easing. QE is why the debt is so high, look at the graph and see how that compounded the debt. Your income tax goes to pay the Fed for money they say we needed, we have no say in the debt load.

So we now have doubled our national debt because we allow the people we revolted against in 1776 to run our economy. Unfortunately, they have made so many enemies in Europe, Asia, and Africa, over the centuries by taking advantage of them by seeing them as 'others' and less worthy, they are now in an unsurvivable position, and we are their main battle force to wage the wars of old. Only this time the Boxers Rebellion has won, and since we decided to relinquish our national destiny back to the markets of the aristocracy, we will suffer their fate as well. If you want to remain as a business owner in 7 years, I suggest you start learning Mandarin.

 

[Henning]

The Market does not serve us well, it is why we have the problems in our society you complain about, crime, violence, illegal immigration, even income tax. Even Greenspan finally figured it out, would you at least listen to him? At least he's a big enough man to admit he was wrong and made a huge mistake in his perception of how the world is and how the markets operate to destruction, not equilibrium. How you can look around you and say the market has served us well is astounding. Here's how the markets and the ruling business class have served our society: http://www.theatlantic.com/politics/archive/2014/09/fair-st-louis-and-the-veiled-prophet/379460/ That's the basis of the Ferguson riots, that is the stewardship of 'the market'.

The market concept is fine, until you apply usury. Once the point of 'interest' is to create more money, you lose the direction of society to the greedy, and give them the tool they need to take advantage. That's why usury has always been forbidden since the inception of money, and mankind has never known peace since we adopted it at Caanan, and we won't until we get rid of it.

 

[Jay Honeck]

No, "The Market" is a tool, there is nothing anthropomorphic about it. It is a tool of usury, the tool that allows those with wealth enslave mankind if they desire, and the greedy with wealth do desire. It is designed to funnel wealth to the wealthy.

Look at the national debt, look at Quantitative Easing. QE is why the debt is so high, look at the graph and see how that compounded the debt. Your income tax goes to pay the Fed for money they say we needed, we have no say in the debt load.

So we now have doubled our national debt because we allow the people we revolted against in 1776 to run our economy. Unfortunately, they have made so many enemies in Europe, Asia, and Africa, over the centuries by taking advantage of them by seeing them as 'others' and less worthy, they are now in an unsurvivable position, and we are their main battle force to wage the wars of old. Only this time the Boxers Rebellion has won, and since we decided to relinquish our national destiny back to the markets of the aristocracy, we will suffer their fate as well. If you want to remain as a business owner in 7 years, I suggest you start learning Mandarin.




View attachment 42676

Now THAT was a jumbled leap of logic! lol

The Market, and our national debt, are two diametrically opposed forces. In fact, the desire by government bureaucrats to control everything -- and there is no better way to control us than with debt -- is the antithesis of a free market.

Now, are there dastardly people who have figured out ways to use both the bureaucracy and market forces to make tons of money? You betcha -- it's called "Crony Capitalism", and it is tearing at the very fabric of our economy.

Case in point: We had to compete against a government-built and owned Marriott Hotel in Iowa. It was 100% funded with tax money, and leased back to the Marriott Corporation at a LOSS, so that little Coralville, Iowa could say that they had a "conference center".

This is the worst kind of economic larceny, and it has become pervasive. I'm sure we can each name some "economic development zone" in our areas where this sort of government sanctioned favoritism (bought with bribes and other funny business) is happening right now.

 

[Henning]

No sir, the market IS our national debt. We do not have a free market, we have a market that is dependent on one source of capital to operate on, the Federal Reserve. There is a reason the founders demanded no fiat currency, as soon as you go there, you are trapped by whomever creates the currency. America is a lie, every last bit of it. It's a bunch of good people living the manufactured delusion that America functions in a way that it doesn't.

Henry Ford said something like, "It is a good thing the American people do not understand the intricacies of banking, for if they ever did, I fear there would be a revolution before morning." They have created a system so convoluted, that we look each other in the face and blame each other for the ****ing we are getting from behind. But the reality is, your income tax goes to the people the founding fathers revolted from for taking a whole lot less.

 

[Jay Honeck]

America is a lie, every last bit of it. It's a bunch of good people living the manufactured delusion that America functions in a way that it doesn't.

Henry Ford said something like, "It is a good thing the American people do not understand the intricacies of banking, for if they ever did, I fear there would be a revolution before morning."

True, although at least bankers are honest about their motives. Far more dangerous are the people who are trying to save us, "for our own good". These people, under the guise of "helping", have fleeced us far worse than any bankers could imagine.

Of course, they often work together with bankers, so there you have it.

Take taxes, the primary funding source for these sorts of people. If Americans knew for one minute how much of their hard-earned money went to taxes, there would be an immediate revolution. The American tax system is an astonishing sleight of hand, developed over generations, deliberately made complex and broken up into a thousand sub-parts so that few can discern the whole.

This is yet another reason why I believe prior business ownership should be a prerequisite to holding elected office. It is only at this level that you start to see the whole machine at work. It is only once you become responsible for feeding the machine that it becomes clear how badly we are all being ****ed.

Our government would be quite different with (for example) restaurant owners running it. People who have done honest work know the value of a dollar, unlike community organizers and career politicians. Unfortunately, the political class have made holding public office so degrading that few honest business owners would be attracted to the job.

No, I will take a banker over a government bureuacrat, any day. At least with the banker, you have options, and you usually receive something in return for being raped.

 

[Henning]

Honest? It's all a lie, and the only reason it works at all is mass faith. As soon as a couple people quit believing, we have economic collapse. What do you think will happen when the entire world quits believing? The only thing floating our economy is that for every barrel of oil that comes out of the ground, the Fed gets to sell ~$40, and guess what, we get to pay for it. It's our debt, the creation cost of money. That's why the founders forbade fiat currency in the constitution, it's too expensive and self destructive. Eventually every Ponzi scheme collapses. You know why Bernie Madoff managed to swindle the financial elite? Because the are used to Ponzi schemes, but typically they are the ones on the pay lines, not the sucker lines.

But you do have a point, it's like the frog and the scorpion, and we are some dumb assed frogs that court the scorpion ferry market.