Gas prices are influenced by our own damn government officials that have stocks in them, and they are in a panic right now and will support Cepec or whatever other corporations are trying to crank profits back up to trillions per year.
you sound like a pretty smart kid, don't start down this conspiracy theory road. Gas prices are not influenced (much) by our gov't. When the world crude-oil market tightens and lowers inventories, the price goes up. The main culprits are Opec which just announced a production decrease to keep profits up and places like Russia which invaded georgia not too long ago. While Georgia has no significant oil or gas reserves on its own, it is an important transit route that supplies the West. The pipeline has been a key factor for the United States' support for Georgia, allowing the West to reduce its reliance on Middle Eastern oil while bypassing Russia and Iran.
The biggest way our gov't influences prices is by (congress)refusing to drill in places like the outer continental shelf and ANWR thus keeping us reliant on places like saudi arabia, venezuela, and nigeria. They won't even consider building any nuclear plants because they are held hostage by the environmentalists. Ahhhh, I can go on for days, but you see my point...
I have noticed that the government has a tendency to help the people who have made stupid decisions and gotten themselves into trouble. These people were trying to get rich quick by, say, buying and selling homes. Uneducated people should not be running real estate, they will fail. These people are basically trying to scam their way to wealth, without putting in the required effort. They get themselves into really deep debt, and the government gives them an easy out.
If you want to know why we're in the predicament we're in, google the CRA. The Community Reinvestment Act is the federal government's 1977 law under which the Fed and other financial regulators have pressured/extorted banks into making more loans to less-than-creditworthy borrowers than they would normally be willing to risk.
The CRA Scam and its Defenders is a good link to find more info.
I think you're spot on with some of the people that got into real estate to make a quick buck. They had no idea what they were doing, got interest only loans, adjustable ARMS, or, NINJA loans(No Income, No Job, or Assets), the market slowed and then tanked and now they're stuck holding a couple hundred grand in mortgages and are demanding the gov't help them out cause they got inway over their head and had no idea what they were doing to begin with. And isn't life great, the man who partly got us into this mess, Barney Frank, head of the House Financial Services Committee, the man who once called Herb Moses an executive at Fannie Mae, his "spouse", supported passage of the ($700 Billion) American Housing Rescue & Foreclosure Prevention Act intended to protect thousands of homeowners from foreclosure.
Media Mum on Barney Frank's Fannie Mae Love Connection
Frank's fingerprints are all over the financial fiasco
Whereas people like my family, who dont make much, dont invest in stocks, and work hard for what is hardly considered a living(Dad makes about 30K before taxes a year at a sawmill, Mom makes about 25K a year before taxes teaching 1st graders) and it's just not enough for a family of 6 to break even. We could use just a tiny nudge from the government to help us break even, then we could start a savings account and be able to live more stabily, and pay the government back with taxes. The problem with that is that because it is a joint-income family, we dont qualify for help.
Amazing isn't it? You work hard, keep your nose clean but you somehow aren't worthy. I bet they gave the money that could have gone to your family to the crack whore who had another child whose dad is in jail right now. Apparently she needs the money more than you guys.
So the government helps out people who try to scam their way to the top, and they just end up doing it again, and needing more help, costing the Government a crapload.
nope, costing
US a crapload.
The millions of families that just need one small nudge dont get any help, even though they will have a very good potential for return to the government.
So In my shortened opinion, the government has no relation with actual people. They dont represent us one damn bit. They throw our hard-earned dollars at mental fucking idiots that are just going to make the same damn mistakes, whereas the people who PAY those taxes get NOTHING but unnecessary structures like skywalks from building to building, and beautiful bridges that represent nothing, AND WORST OF ALL, MONUMENTS THAT REPRESENT THE VERY GOVERNMENT THAT EVERYBODY IS SICK OF.
EDIT: Sorry if I sounded like a hippy.
kid, you don't sound like a hippy. You sound like a fledgling young conservative that has his eyes open to the bullshit that is the US gov't of today. Whether you consider yourself rep or dem doesn't matter. You realize that gov't IS the problem.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan
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