1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Finger pointing jerk

Discussion in 'Politics, Elections & Legislation' started by halfmile, Apr 26, 2011.

Thread Status:
Not open for further replies.
  1. halfmile

    halfmile Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    15,649
    Location:
    Green Bay Wisconsin
    So my grandson (18) asks me about the speculators causing the price of oil to go up. He sounded like he believed the garbage out there blaming "speculators" and oil companies for the runup in fuel costs.

    So I had to explain the futures market to him, somewhat.

    Obama starts a war with Libya, BOOM! crude up ten dollars a barrel. That's a loss of 10,000.00 for a speculator on the short side of the contract, counting on the price to return to normal.

    So holding ten contracts at a margin of some 6700 per contract means you have to have 67,000.00 in your account. Plus the ten grand you just lost.

    The Anointed One should hold up a mirror when he does his finger pointing.

    The first runup in crude was becausae of lack of faith in the dollar due to the reckless spending. Then the Libya pop.

    My grandson, after this little lesson, says (without any prompting) "Why don't they just hang Obama?".

    Wish we could, son, wish we could.

    HM
     
  2. PowellCoho

    PowellCoho Member

    Joined:
    Apr 18, 2011
    Messages:
    40
    HM - I'm a middle-aged fat white guy, and I don't appreciate your reference to hang the President of the USA. While we are all entitled to our opinion, c'mon, hanging the President?

    You should've corrected the young man, and told him when the majority votes a certain way, we live with it for at least four years.
     
  3. shooterIII

    shooterIII Member

    Joined:
    Jan 29, 1998
    Messages:
    826
    Location:
    MN (state of socialism)
    The good thing about kids they don't think PC, they just say what they believe. Smart Grandson you have there HM.
     
  4. halfmile

    halfmile Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    15,649
    Location:
    Green Bay Wisconsin
    He is a politically astute young man and much more mature than I was at that age. He knew damn well he and I were both speaking figuratively. He, like I, hates PC crap.

    BTW, the majority doesn't always win due to the electoral college. Obama lost that election if you look at it in certain ways.

    He lost it by land area.

    He lost it by Working voters.

    He lost the rural vote.

    Still plenty of Obama Zombies out there, though.

    HM
     
  5. Shooting Coach

    Shooting Coach Well-Known Member

    Joined:
    Sep 14, 2006
    Messages:
    8,358
    Location:
    Nashville Tn
    SMART KID!!!

    Pic is for Obama supporters. LOL
     
  6. oz

    oz Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,817
    Your grandson is right and he will be paying for this. Just wait till you see the earnings by the oil companies. oz
     
  7. wireguy

    wireguy TS Member

    Joined:
    Jan 29, 1998
    Messages:
    3,715
    I'd be happy to just live with Obama for four years if he would just operate within constitutional boundaries.
     
  8. BAD 303

    BAD 303 Active Member

    Joined:
    Apr 13, 2006
    Messages:
    3,550
    HM the political correct crap from the left is why this country is where it is at. Keep up the good wrok with your son. There needs to be more economics lessons from "real" teachers in this country. Not the liberal bs they preach in public schools.
     
  9. Setterman

    Setterman Well-Known Member

    Joined:
    Feb 12, 2007
    Messages:
    11,158
    Powell, I'm sure halfmile's grandson meant to hang him from his toes, another appendage, or a waterboard. Nothing leaving scars or permanant scars.
     
  10. Coyote 270

    Coyote 270 Member

    Joined:
    Jun 26, 2009
    Messages:
    579
    Quote of the Day

    "If you voted for Obama in 2008 to prove you're not a racist, you'll have
    to vote for someone else in 2012 to prove you're not an idiot. "

    By unknown.
     
  11. Hawk46

    Hawk46 TS Member

    Joined:
    Jan 7, 2011
    Messages:
    640
    Hey! We doan need no steenking oil!
    From Fox News:

    “Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight. A slipshod EPA permitting process — most likely intentional — set up the credulous Shell for failure. Sad but entirely predictable. What people don’t seem to get is that Obama wants expensive gasoline as a means of causing energy chaos (see Green Hell for more on this point). He doesn’t view high gas prices as an obstacle to re-election. He knows the election will be about personalities, not policies — or at least that will be his campaign strategy. •

    The fact that the EPA has the unmitigated power to make these decisions is outrageous! One can't help to think that Dumbama was consulted beforehand. What will be his next move to drive up the price of gasoline? How many of you are standing in line to buy a $40k electric car that has little room to carry anything of substance? This man is not insane. He knows exactly what he's doing. Unfortunately, half of America has no clue as to his motives.

    He continues to shut down oil drilling in the Gulf and Alaska. The Pacific is certainly on his radar. This is criminal. Period.
     
  12. Hawk46

    Hawk46 TS Member

    Joined:
    Jan 7, 2011
    Messages:
    640
  13. Bob Hawkes

    Bob Hawkes Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,915
    Coyote, That'd make a great bumper sticker. Our EPA has to be brought back to the real world.
     
  14. johnboy

    johnboy Member

    Joined:
    Jan 29, 1998
    Messages:
    725
    Sure wish we would get all that oil we were told by Bush to pay for the war in Iraq. Remember 25-30 dollars we were paying for a barrel of oil before the Iraq invasion! Do not let any of the so call leaders escape responsibility for the mess they have gotten this country in!
     
  15. johnboy

    johnboy Member

    Joined:
    Jan 29, 1998
    Messages:
    725
    Sure wish we would get all that oil we were told by Bush to pay for the war in Iraq. Remember 25-30 dollars we were paying for a barrel of oil before the Iraq invasion! Do not let any of the so call leaders escape responsibility for the mess they have gotten this country in!
     
Thread Status:
Not open for further replies.