Market

by **Phxfan** » Thu Nov 08, 2007 12:58 pm

I stated earlier that SMU alumni had tons of $. Maybe I was wrong. Market is looking pretty bad. Something I did not know was that oil companies only get a 20% share. Countries own the rest. How does this relate? People and big $ people I assume are not having a good week. I guess that excudes Jimmy Johnson. However, people with lots of $ should have good weeks all the time. Agreed. So hire someone, OK. This is getting me on edge.

by **George S. Patton** » Thu Nov 08, 2007 1:04 pm

The only thing I know about the Fed Chair speaking in front of congress today and the media's participation is that it does nothing more than to drive fear than anything else and make the problem worse.

If you're going to let the October sales report and those comments influence your life, you're nuts. Live your life and make the purchasing choices that are within your budget.

by **Stallion** » Thu Nov 08, 2007 1:10 pm

yeah that's the problem with democracy. The Government is suppose to allow the American public to hear both positive and bad news. Now if we could only control the release of the news to the media....

by **George S. Patton** » Thu Nov 08, 2007 1:16 pm

Contrary to what you think, I think the oversaturation of media does influence the pulse of this country more than we think. They do control to daily dialogue whether anyone tends to believe it or not.

I'm going to listen to Herb Alpert!

by **SMU Football Blog** » Thu Nov 08, 2007 1:17 pm

This thread is terrible. Terrible, this thread is.

by **Alaric** » Thu Nov 08, 2007 1:24 pm

where did you get the 20%?

by **EmeraldCityPony** » Thu Nov 08, 2007 1:30 pm

Many people (including our fearless leader) equate democracy with free speech, but that just isn't true. Democracy is a form of government which enables the populace to choose its leaders. Freedom of the press is a civil liberty. They are mutually exclusive.

by **jtstang** » Thu Nov 08, 2007 1:47 pm

Do you think Jenna will join the women's golf team and wear those hot shorts when the Bush library comes to town?

by **EastStang** » Thu Nov 08, 2007 1:51 pm

Nah, she'll be married and preggers by then. Probably barefoot, too. In all seriousness (which is very difficult), her fiance is a pretty good guy. Will Altria sponsor the wedding. His dad is pretty tight with them.

by **George S. Patton** » Thu Nov 08, 2007 4:08 pm

Are these the same people that are competing to win the love of that bi-sexual girl on that MTV show? I've seen the teases. Is the point of it that she wants to keep a male and a female lover at the same time?

by **smupony94** » Thu Nov 08, 2007 8:25 pm

jtstang wrote:Do you think Jenna will join the women's golf team and wear those hot shorts when the Bush library comes to town?

Too many new people that don't understand jt

by **Phxfan** » Thu Nov 08, 2007 9:02 pm

Stallion wrote:yeah that's the problem with democracy. The Government is suppose to allow the American public to hear both positive and bad news. Now if we could only control the release of the news to the media....

Great idea. Lets give GWB the power to control lthe media. Great move.

by **jtstang** » Thu Nov 08, 2007 9:55 pm

smupony94 wrote:
jtstang wrote:Do you think Jenna will join the women's golf team and wear those hot shorts when the Bush library comes to town?

Too many new people that don't understand jt

That sucks. I think everyone with 3000+ posts should form the ponyfans.com admissions committee. I'd haze the hell out of newbies....

by **Phxfan** » Fri Nov 09, 2007 8:40 am

Alaric wrote:where did you get the 20%?

PBS.

by **Ponymon** » Fri Nov 09, 2007 11:03 am

Phxfan wrote:
Alaric wrote:where did you get the 20%?

PBS.

That has been detailed by Forbes and other periodicals. That's the reason big oil companies have little sway over the market price. The price of oil really starting taking off for us when Chavez took over Venezuela. He is nationalizing the country and especially the oil industry to get control of the petro dollars. Before he was elected Dictator, Venezuela was one of our largest suppliers and used to routinely cheat on their quota allowing prices to remain low. He came in and stopped the cheating, which meant less oil on the open market and therefore a much higher price. Also like Mexico and most other nations where Socialists control their oil industry, he is not investing in infrastructure and is experiencing declining production as a result. Less oil produced equals higher prices. Since we do not want drilling in our own country (ie Anwar and off the Florida coast), we should expect and ENJOY these higher prices since we do not want production in this country. One way out is nuclear power, but again the public has said we don't want that. Coal? Can't use that because its too dirty. Well solar and wind power ain't going to cut it flolks! The maximum that they can produce is only a fraction of what it takes to run this country. So expect higher energy and oil prices and enjoy them because they are not going down anytime soon!

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