CALPilotToo

For the record, I own 15,000 shares of UPS. While it is down 25.00 in the last year I recognize how solid over time with dividends your company offers. Keep up the good work. I really like you guys.

forgot to bid

You're looking at this all wrong. The fact that people are not spending is proof they have more money and the economy is strong. Kind of like the fact that it has been and is cold as **** means global warming is accelerating. So whether people are spending or not, either way, that shows the economy is strong... or very weak... I don't know. What do you want the numbers to show?

My Way News - Obama left with little time to curb global warming

Sorry, just having fun. I do not want to take this in a global warming direction I just couldn't resist playing.
...
IMHO, printing trillions (via a computer, not even in real cash) is a very scary thing, so is deflation and so goes the battle. But one thing for sure we don't need to do it more than we should. But it looks like there will be a lot more coming, and a lot more printing possibly, and like someone said we still have this gigantic ponzi entitlement scheme going on as well. It is very scary because I think there are some people who don't think the U.S. can get hurt doing this, kind of the same mentality that said buy things you cannot afford on credit cards and interest only arms- you won't get hurt, the economy will get better and you'll be able to pay it all off if not make money!

ewrbasedpilot

If I had close to $800,000 in ONE STOCK ($1.1 MILLION before the fall), I think I'd be retired and sitting on the beach in SXM sipping Margaritas and enjoying life, not working and stressing myself out............. Sorry for the thread drift............

carl p

Paging aerospacepilot, your wisdom and insight are needed again!

HercDriver130

now that is the funniest comment I have read all morning.

Marvin

Nice. "I'll just post something that supports my own political position and then suggest that I don't want to hijack the thread, thus encouraging others to politely look the other way rather than posting any opposing viewpoints."

Why do people do this? Aren't there enough political forums out there to let people yell at each other incessantly while accomplishing nothing?

PicklePausePull

Some of us tried to educate the "experts" that the price, in large part, reflected speculation in the commodities market. I get a kick out of OPEC demonstrating their irrelevance by cutting back production while the price continues to fall. At least supply and demand are once again setting the price of oil, and not the speculators who have helped destroy many businesses and jobs.
We've now found something more dispicable than the ambulance chasing lawyer...the greedy, short-sighted, economy ruinning investment banker/hedge fund manager!

Lighteningspeed

What OPEC is doing should be illegal. It is illegal in the US. You are right about the supply and demand setting the oil at the moment because speculators have for "some reason" stayed out of the main game. Wonder why?

ryan1234

The "speculators" are very much in the game right now more than ever, especially more so than in the previous months. They were simply the scape goat of Congress and those in oil-consuming industries who knew little about what "speculators" actually did or do.

Oil speculation is rampant, even as gas prices fall - Dec. 1, 2008

ewrbasedpilot

Yep, and UNREGULATED guys like Madoff, who MADE OFF with tens of billions of $$$'s of other peoples money. People like him deserve to be fitted with concrete shoes and given a slight push off the Verazano bridge. What a pathetic excuse for a human being............... Guys like him deserve to rot in prison while making a great wife for some thug......... Too bad our government protects people like him..........