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Originally posted by AJ�³:
Originally posted by sigma:
on the ignorant assumption that since oil prices have gone up 300%, therefore demand must have gone up 300%.




Tell me where I made that assumption, because otherwise, your post makes no sense to me.




Sorry, joining in late, but can't pass up an economics discussion.

AJ - On page 4 at 10:00 AM you say:
"So you are telling me that demand has increased worldwide 300% since Clinton was in office, when it was relatively steady before that for a decade! HAHAHAH "

That implies that you are looking at an approximate 300% increase in gas prices and then linking causation to a 300% increase in demand for gasoline. You then proceed to laugh at this absurd statement, correctly realizing that a 300% increase in demand is highly unlikely. However, in your mind you mistakenly continue to link the increase in gas prices to our current president's policies.

You fail to realize that a 300% increase in price does not have to involve a 300% increase in demand. If supply is limited or fixed, especially in the short run, a very small increase in demand can and will send prices soaring.

Don't even make me talk about elasticity. I'll start drawing those little graphs again... Too much fun.


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OK, I understand. It was a semantics problem on my end. I am going to retreat to my hole now. I am having a bad day, and I am taking it out on you guys, unfortunately in a realm (politics, and finance) that I know nothing about.

Goodbye.


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Originally posted by Viss1:
I don't necessarily disagree with the rest of your post, but with all due respect, the above doesn't really make much sense. It's Chinese demand, maxed out refining capability, maxed out OPEC production, and rampant speculating that is driving oil prices right now.




I was purposely "glossing over it". I was hitting minor points that others have not brought up.

Quote:

i bet she's very salty that her son (a reserve) had to go fight in iraq




Do more reading, BP.

She's mad because she micro-managed her entire sons life, up until he enlisted with the reserves BEHIND HER BACK. He didn't discuss it with others, he did what he felt was right for him, and that pissed her off. Now add that with the fact that he lost his life in the line of duty, and she's very mad. I feel sorry for her loss, but she is doing nothing but dishonoring a soldier at this point. She's now in this for personal gain, nothing more.

Quote:

you guys will never admit to the errors




We've admitted many times that the intel was wrong. You just seem to want us to say that the administration was wrong, which is not the case. The administration was right, based upon their current intelligence. You keep forgetting about that whole 'hindsight is 20/20' thing.

E1


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Originally posted by AJ�³:
OK, I understand. It was a semantics problem on my end. I am going to retreat to my hole now. I am having a bad day, and I am taking it out on you guys, unfortunately in a realm (politics, and finance) that I know nothing about.

Goodbye.



Wow, this is like Christmas.

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Originally posted by EternalOne:


...We've admitted many times that the intel was wrong. You just seem to want us to say that the administration was wrong, which is not the case. The administration was right, based upon their current intelligence. You keep forgetting about that whole 'hindsight is 20/20' thing.

E1




Don't bother; I've bare-faced admitted this countless times and structured it as such, but he keeps selectively grabbing post-invasion knowledge, entering a time-warp and decrying the run-up to the Iraqi invasion with information that NO ONE had at the time...

I guess GWB's flux-capacitor wasn't charged up and in use during the 1st term in office...


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Don't you know JaTo, GWB lied all about it so we could get the oil! Duh!


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Originally posted by Davo:
Originally posted by AJ�³:
OK, I understand. It was a semantics problem on my end. I am going to retreat to my hole now. I am having a bad day, and I am taking it out on you guys, unfortunately in a realm (politics, and finance) that I know nothing about.

Goodbye.



Wow, this is like Christmas.




Maybe so, but it doesn't mean I think you know anything about politics


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...and I care what you think I know.

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Originally posted by EternalOne:

You just seem to want us to say that the administration was wrong, which is not the case.





that's where we disagree. i believe that cheney and/or bush helped to mold intelligence to support their case for war and intentionally brushed aside or ignored the clues that the intelligence was flawed. i also think they knew the intelligence wouldn't hold up under the intense scruitiny it eventually got, but by that time we would already be in a position of no return. can't unfire a gun. that's when they changed their case for war from being based on intelligence that supported their initial reasons of nukes, wmds, and terror --- to iraqi freedom. i am still very upset about that and i don't understand why more conservatives don't care.

and you may be right about this lady being mad about her son registering behind her back. honestly i haven't followed her situation very closely other what i catch on good morning america during breakfast. she is being over dramatic about her cause and isn't realistic about our options as far as pulling out. i agree she may be disallusioned by thinking we should just pull out now and leave iraq to fend for themselves. iraq may eventually fall into a worse situation (civil war), but leaving now would guarantee it.


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Originally posted by JaTo:

I guess GWB's flux-capacitor wasn't charged up and in use during the 1st term in office...




based on the below evidence i suspect his flux-capacitor was fully charged!




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