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World Finance Watch
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<blockquote data-quote="sosuemetoo" data-source="post: 24550" data-attributes="member: 11"><p><strong>Re: World Finance Watch</strong></p><p></p><p><div class='quotetop'>QUOTE(\"Zoomerz\")</div></p><p></p><p>I'd hardly call it amusement anymore. I know I need to switch, because I end up screaming back at Rush. When I'm not screaming, it's just background noise. I'll try to find a local NPR and begin listening to them. Thank you for that recommendation.</p><p></p><p> </p><p></p><p>This is crap! I'm paying today for something that may happen in 6 months! I'm paying for gasoline at a rate of $100/brl of oil that it might have cost them at the time it was refined at $35/brl of oil! When you get into this cycle, it can never go down! And I flunked economics (obviously), but I do run a business. I just know you can never take a loss and stay in business. Greed? I call this armed robbery at the pumps. If I told my clients that I have changed my per/hr rate from $13 to $39 because I'm anticipating a price hike on Windex, Scrubbing Bubbles and vaccuum cleaner bags, I would lose clients!</p><p></p><p></p><p></p><p>Okay, so I am paying more at the gas pumps because China needs more oil than I do. I'm paying more because my country is outsourcing jobs to China to make my wigits that are cheaper to make in China than the US because employees there are willing to work 15 hours a day, 7 days a week for $2/hr and no health insurance. (Sounds like my current rate of pay self-employed, but that's another matter)</p><p></p><p>What about telling these countries that we are buying oil from to take a hike? We have off shore drilling, there's oil in Alaska. Could we become self-sufficient by just drilling more? If we did, the price of gas would go down, the cost of transporting wigits would go down, therefore the cost for a wigit would also decrease? Further, I wouldn't need more money per hour to pay for gas and to buy a wigit. Oh, and we wouldn't have to outsource jobs to China for our wigits, because it would be cheaper to make here.</p><p></p><p>Sorry if these questions seem so basic and elementary. I almost feel like I'm ruining your thread. Maybe a World Finance for Dummies thread is warranted <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite39" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p></p><p>Mom</p></blockquote><p></p>
[QUOTE="sosuemetoo, post: 24550, member: 11"] [b]Re: World Finance Watch[/b] <div class='quotetop'>QUOTE(\"Zoomerz\")</div> I'd hardly call it amusement anymore. I know I need to switch, because I end up screaming back at Rush. When I'm not screaming, it's just background noise. I'll try to find a local NPR and begin listening to them. Thank you for that recommendation. This is crap! I'm paying today for something that may happen in 6 months! I'm paying for gasoline at a rate of $100/brl of oil that it might have cost them at the time it was refined at $35/brl of oil! When you get into this cycle, it can never go down! And I flunked economics (obviously), but I do run a business. I just know you can never take a loss and stay in business. Greed? I call this armed robbery at the pumps. If I told my clients that I have changed my per/hr rate from $13 to $39 because I'm anticipating a price hike on Windex, Scrubbing Bubbles and vaccuum cleaner bags, I would lose clients! Okay, so I am paying more at the gas pumps because China needs more oil than I do. I'm paying more because my country is outsourcing jobs to China to make my wigits that are cheaper to make in China than the US because employees there are willing to work 15 hours a day, 7 days a week for $2/hr and no health insurance. (Sounds like my current rate of pay self-employed, but that's another matter) What about telling these countries that we are buying oil from to take a hike? We have off shore drilling, there's oil in Alaska. Could we become self-sufficient by just drilling more? If we did, the price of gas would go down, the cost of transporting wigits would go down, therefore the cost for a wigit would also decrease? Further, I wouldn't need more money per hour to pay for gas and to buy a wigit. Oh, and we wouldn't have to outsource jobs to China for our wigits, because it would be cheaper to make here. Sorry if these questions seem so basic and elementary. I almost feel like I'm ruining your thread. Maybe a World Finance for Dummies thread is warranted ;) Mom [/QUOTE]
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