Oil is nearing $100 a barrel...

[Wabash]

...who's selling those SUVs and large pick ups?

[Saguaro]

I don't have either one of them

[Yellowdogtexan]

You do realize that a large portion of the price run up is due to instability due to worries about bush bombing Iran. Iran does not have a big military but it can shut down most of the oil shipments from the Gulf states without much trouble.

[Wabash]

You do realize that a large portion of the price run up is due to instability due to worries about bush bombing Iran. Iran does not have a big military but it can shut down most of the oil shipments from the Gulf states without much trouble.

Yes dog, I realize this price is rising on "spec"! The threat to Iran is about 1/3 of the reason for the current problem.

[Wabash]

Nevertheless...they are predicting that a gallon of gas will reach $3.50 to $4 per gallon by next Spring if these threats continue!

Two of my cars get 30mpg city/40+ hwy. My bikes all get 45-50 city and 50-60 hwy. My mopeds 150mpg....I've been ahead of the curve for years and hope to continue that trend.

[issac the dragon]

You're a smart man Wabash.

[Wabash]

You're a smart man Wabash.

I like to think so. I have an avg. IQ, can apply myself to many different jobs, and have. I strive to always do better. Somehow thou, I think you jest with me....

[toxic]

The USD$ exchange index against 12 foreign currencies was 1.20 when Bush took office. Last I checked in was .69 and dropping like a rock.

If you factor inflation in, the the USD$ is worth about 35% of what it was 7 years ago. Bush did this so we could still export goods while we were running a terrible trade and national deficit.

There is no increase in oil prices, it is all the decline in the buying power of the USD$.

All the goods you buy that are imported from China are based on $3 per week labor rates. This and our exportation of jobs, has kept these "Wal-Mart" goods from rising in price. Soon the shit will hit the fan.

[toxic]

Here is the value of the dollar, except for the last several weeks of drops.

Short traders are those speculating that the USD$ will continue to drop.

Funds that have invested in America's decline have been making huge profits.

http://www.maoxian.com/images/200707/20070723dxym.png

[The Q]

I like to think so. I have an avg. IQ, can apply myself to many different jobs, and have. I strive to always do better. Somehow thou, I think you jest with me....

Don't be so paranoid. :lmao

Personally, I think you're right on the money with fuel efficient vehicles. In Europe and other parts of the world, bicycles, mopeds and motorcycles have been used forever...they are practical, affordable, inexpensive, and easy to care for.

I want a Vespa. :para

ADQ

[sparks]

Gas prices up, value of the dollar down. So tell me again how those pidley assed tax cuts Bush gave did anything of real value for the average person. :confused

[Wabash]

The USD$ exchange index against 12 foreign currencies was 1.20 when Bush took office. Last I checked in was .69 and dropping like a rock.

If you factor inflation in, the the USD$ is worth about 35% of what it was 7 years ago. Bush did this so we could still export goods while we were running a terrible trade and national deficit.

There is no increase in oil prices, it is all the decline in the buying power of the USD$.

All the goods you buy that are imported from China are based on $3 per week labor rates. This and our exportation of jobs, has kept these "Wal-Mart" goods from rising in price. Soon the shit will hit the fan.

Blaming Bush is only part of the problem....but, it's got to change. WAIT!
Hillary will save you! :rofl

Here is the value of the dollar, except for the last several weeks of drops.

Short traders are those speculating that the USD$ will continue to drop.

Funds that have invested in America's decline have been making huge profits.

http://www.maoxian.com/images/200707/20070723dxym.png

Yep, I bought into those funds on the advice of counsel!:D
Don't be so paranoid. :lmao

Personally, I think you're right on the money with fuel efficient vehicles. In Europe and other parts of the world, bicycles, mopeds and motorcycles have been used forever...they are practical, affordable, inexpensive, and easy to care for.

I want a Vespa. :para

ADQ

Someone said something nice to me last week and were not serious about it...so, suspicion becomes me.....not paranoia.:D

Vespas have made a huge comeback in the last few years......but they aren't the $700 bargain they were when I was young.... now they are between $4,000 and $5,000....Of course they have been modernized.
They are owned by their parent company, Piaggio, who also own Moto Guzzi, Aprillia and a few other brands......largest scooter maker in the western world, maybe in the whole world. I toured their factory in '99. It is HUGE!
Vespa Pic to follow.....

Gas prices up, value of the dollar down. So tell me again how those pidley assed tax cuts Bush gave did anything of real value for the average person. :confused

I got a nice tax return this year....first one in a long time! The tax cuts worked for me.

[Wabash]

Here ya go Q...room for your significant other or groceries....

http://i185.photobucket.com/albums/x77/watermelon039/Vespa64wsidecar.jpg

[Wabash]

http://i185.photobucket.com/albums/x77/watermelon039/Vespaw-sidecar.jpg

[April15]

Feet produce the best form of transport. That the Bush policies of world domination are causing the rise in oil prices and the fall of American purchasing power was not a surprise to all.
What is an unseen addition was the mortgage failures. I didn't think that would happen. And when placed next to the oil induced fall in the value of the dollar we are going in a recessionary direction. Especially if the fed drops rates again.

[The Q]

I've actually gone to look at them, Wab. They may not be $700, but they are still a bargain starting at $1999---and they get incredible mileage.

I love that one with the side car. :woot

ADQ

[Wabash]

Feet produce the best form of transport. That the Bush policies of world domination are causing the rise in oil prices and the fall of American purchasing power was not a surprise to all.
What is an unseen addition was the mortgage failures. I didn't think that would happen. And when placed next to the oil induced fall in the value of the dollar we are going in a recessionary direction. Especially if the fed drops rates again.

I can't picture you going from job to job as a hod carrier instead of a Ford truck!! HAAAAAAAAAAAAA!

I've actually gone to look at them, Wab. They may not be $700, but they are still a bargain starting at $1999---and they get incredible mileage.

I love that one with the side car. :woot

ADQ
Good price. Yes the mileage is very good and many of them will hit 50+ mph......You should see them in Europe! Scoots everywhere...they ride em rain or shine, in avg. clothes or 3 piece business suits and the women in high heeled shoes...I think I have pics of that...I'll look......
Glad you liked the pics.....

[April15]

I can't picture you going from job to job as a hod carrier instead of a Ford truck!! HAAAAAAAAAAAAA!

.I can't either.

[toxic]

...
What is an unseen addition was the mortgage failures. I didn't think that would happen. And when placed next to the oil induced fall in the value of the dollar we are going in a recessionary direction. Especially if the fed drops rates again.


I think most people are completely unprepared for the hyper-inflation that is coming.

http://en.wikipedia.org/wiki/Ben_Bernanke
...
In 2002, when the word "deflation" began appearing in the business news, Bernanke gave a speech about deflation. In that speech, he mentioned that the government in a fiat money system owns the physical means of creating money. Control of the means of production for money implies that the government can always avoid deflation by simply issuing more money. (He referred to a statement made by Milton Friedman about using a "helicopter drop" of money into the economy to fight deflation.) Bernanke's critics have since referred to him as "Helicopter Ben" or to his "helicopter printing press". In a footnote to his speech, Bernanke noted that "people know that inflation erodes the real value of the government's debt and, therefore, that it is in the interest of the government to create some inflation."

[cassandra]

Wabash you have many excellent points. WE have gone round before about safety over money so I do think we need to again but know I would never sacrifice my safety to save a couple of bucks.

April great points about the feet being the best form of transportation. Not very applicable to everyday situations though. Especially for those of us who live a tad out of the city.

Q honey, that is not a car for a family. Besides how do you expect to all be safe.

I think that it is ridiculous that the scare is bringing the prices up so high. We have been scared long enough. What about all the money they should have stockpiled from all the previous increases. I think there is a hole here.

[Wabash]

Wabash you have many excellent points. WE have gone round before about safety over money so I do think we need to again but know I would never sacrifice my safety to save a couple of bucks.

April great points about the feet being the best form of transportation. Not very applicable to everyday situations though. Especially for those of us who live a tad out of the city.

Q honey, that is not a car for a family. Besides how do you expect to all be safe.

I think that it is ridiculous that the scare is bringing the prices up so high. We have been scared long enough. What about all the money they should have stockpiled from all the previous increases. I think there is a hole here.


Well darlin...I've been driving for 45 years ......39 1/2 on motorcycles...accident free....being that way is NO acccident! Italians are some of the craziest drivers in the world, ( I can verify that, I've logged over 6,000 miles on Italian roads)but Italy has the best miles driven vs. accident ratio in the world. There's a reason for that!
Normally, only liberals have this compulsion about safety...:rofl:rofl and Sandi and Q have switched roles!:lmao:lmao

[cassandra]

If you had ever driven with bbrown you would understand my obesession with safety. :lmao

Course I am a safe driver as is my husband but really can you trust all the other people out there to be just as safe.

Sorry Q is driving in that thing. Some idiot in a Hummer bends down to pick up their brain off the other seat and she is a goner. Just not worth it to me.

Wabash you forgot to factor in the wealthy American into the equation. I would never do all that to save a buck. I will just work harder and make another. :lol

[Wabash]

I think most people are completely unprepared for the hyper-inflation that is coming.

http://en.wikipedia.org/wiki/Ben_Bernanke
...
In 2002, when the word "deflation" began appearing in the business news, Bernanke gave a speech about deflation. In that speech, he mentioned that the government in a fiat money system owns the physical means of creating money. Control of the means of production for money implies that the government can always avoid deflation by simply issuing more money. (He referred to a statement made by Milton Friedman about using a "helicopter drop" of money into the economy to fight deflation.) Bernanke's critics have since referred to him as "Helicopter Ben" or to his "helicopter printing press". In a footnote to his speech, Bernanke noted that "people know that inflation erodes the real value of the government's debt and, therefore, that it is in the interest of the government to create some inflation."

Well tox...I'm looking at you differently today! I'm agreeing with you twice in the same day!:faint:faint

The housing market has only begun to take a dive, price of gas is going up, who knows how far...our money isn't going to buy squat....so, I'd say we have 2-3 months before the crash...maybe a bit more...Get ready!
I think Toxic is right...it's gonna get ugly.
I've done my best to hedge on what's ahead...by stock piling a 6 month or more supply of food, juices and water, filled up all the vehicles I have with fuel, have many gallons extra on hand, plenty of firepower if needed, a good bit of cash on hand, gold, silver and other things with which to barter.
Yes, it may get down to barter.
Whoever wins the WH is going to have their hands full!
The Good Old Days are gone.....

[Wabash]

My best advice is that if you are planning on buying a big ticket item, like car, truck, scooter, large appliance....get it real soon! Stock pile food, I'm already seeing a substantial increase of prices here on the Left coast.......on a lot of things...

It's almost time to hunker down!