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they should remove fed and state taxes from gas sales. I think it's about 25% total. Those fuchers don't spend much of the gas taxes on highways anyway. Gas taxes is one of the biggest pork barrels in the US. in the 1970s around here cash was king. If real estate crashes way below the 10% from max around here I'll say it's like the 1970s. I need a cheap house in the Hamptons where the blue collar workers live anyway. In the 1980s bank crisis my home dropped 1/3 from max. |
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I'd say dropping 10% is a virtual certainty. I'd expect at least 1/3-1/2 before this is all over. |
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I have not been able to see any decrease in the number of boats heading to the river around here.
Today I dropped my son off for a short campout - the rv park was full of busses/Prevot's. |
My wife was in Mexico last week and she said it was running something like $.79 per liter or $2.99 per gallon. Since PEMEX is making the gas from oil they own, and the price is set by the gov't, this doesn't surprise me. BTW, when gas was running under $2/gallon, gas in Mexico was about $2.50/gallon.
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A friend of mine isn't the least bit fazed by fuel prices. He can afford it and doesn't care. His world view is dictated only by what adversely affects him, not others. Many are like him. Many in positions of power also share this attitude. Sherwood |
My best friend, the Obama supporter, makes well into the six figures, has two monster SUV's and a boat and thinks high gas prices are the greatest injustice ever visited upon this country, and, of course, are George Bush's doing.
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Hovering around the equivalent of US $1.50/ liter down here for regular unleaded.....
Closer to $2.00 for 98 octane BP Ultimate i put in the Porsche |
For what its worth, I was told two months ago that the price of gasoline was .85 per gallon in Egypt.
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only e-mail bs
The OPEC minister may look you in the eye and say, "We are at war with you infidels and have been since the embargo in the 1970s. You are so arrogant you haven't even recognized it. You have more missiles, bombs, and technology; so we are fighting with the best weapon we have and extracting on a net basis about $700 billion/year out of your economy. We will destroy you! Death to the infidels! While I am here I would like to thank you for the following: Not developing your 250-300 year supply of oil shale and tar sands. we know if you did this, it would create thousands of jobs for U.S. citizens, expand your engineering capabilities, and keep the wealth in the U.S. instead of sending it to us to finance our war against you infidels. Thanks for limiting Defense Department purchases of oil sands from your neighbors to the north. We love it when you confuse your allies. Thanks for over regulating every segment of your economy and thus delaying, by decades, the development of alternate fuel technologies. Thanks for limiting drilling off your coasts, in Alaska, and anywhere there is an insect, bird, fish, or plant that might be inconvenienced. Better that your people suffer. Glad to see our lobbying efforts have been so effective. Corn based Ethanol. Praise Allah for this sham program! Perhaps you will destroy yourself from the inside with theses types of policies. This is a gift from Allah, praise his name! We never would have thought of this one! This is better than when you pay your farmers NOT TO GROW FOOD. Have them use more energy to create less energy, and simultaneously drive up food prices. Thank you U.S. Congress! And finally, we appreciate you letting us fleece you without end. You will be glad to know we have been accumulating shares in your banks, real estate, and publicly held companies. We also finance a good portion of your debt and now manipulate your markets, currency, and economies for our benefit. THANK YOU AMERICA!' |
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Maybe one day a large pick-up will be looked upon as a work vehicle?:eek: |
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