lotstodo

They may stabilize or fall slightly, but they won't "tumble" until the dollar "skyrockets". We won't see $2.50 gas any time soon.

We will soon be in the market for a new car, and I think we will go with a compact rather than a midsize also. There are some fairly comfortable and sporty compacts out there that get 35-40 mpg. I can give up some acceleration for less pain at the pump. Unfortunately, I have a 5th wheel camper that we bought to use in retirement later this year and beyond, and that V-10 F-250 sux at mileage. that means fewer trips, and less "stimulating" the economy for us.

Short term (< 12 months), for every 10 percent increase in gasoline prices, gasoline demand should fall by 2.6 percent. Long term (24 months +), it will fall by about 5.8%. But in today's economy a 38% increase in fuel prices over the year does much more. People begin to cut back in other ways such as eating out or taking a vacation. The effect of this is that for every penny increase in gasoline prices, approximately $1 billion per year is not spent elsewhere in the economy. It's quite plain that in a time of economic stress, the last thing we want is a drastic increase in oil prices.

The point of high school is not to receive a piece of paper saying that you completed it. The point of high school is to prepare you for either college or real life, neither of which give a crap how hard you try, but rather they reward actual performance. The attainment of a participation certificate, which is what a HS diploma is heading for, might make some parents feel better, but it will only hurt the child.

The sharp sell-offs in part were prompted by fears about a slowdown in economic growth in the United States and around the world. After four months of surging higher, oil prices plummeted by 9 percent as traders worried that American drivers were beginning to balk at paying nearly $4 a gallon of gasoline. Oil fell below $100 a barrel for the first time in two months. Oil stockpiles in the United States and other industrial countries have been full, leading experts to expect a correction in prices that had been driven higher by fears that unrest in the Middle East would spread to vital

Funny!

That rotor is in Beijing by now.

How do you become an "Honor Student" if you have test anxiety? Can you become an honor student without passing nearly all of your tests? Really? There are some kids that don't test well, and I will wager you any amount that not a one of them are honor students, at least if that term means anything beyond never tardy. A few students also don't retain what they have learned over a summer, and I would suggest that this may be one of those students. They can pass a test one week and be totally clueless about the subject matter a few weeks later. If this is the case, then just shuffling him/he

According to the administration and the military, there were only two helicopters, both were identical (stealth), and both were loaded with combat personnel and equipment. When one was disabled during the landing, all personnel, necessary weapons, and intelligence were loaded onto the remaining helicopter for the trip back to Afghanistan. Upon leaving the area the pilot shot a rocket into the disabled helicopter on the ground in an effort to destroy it. I am sure, however, that they were aware that if one helicopter was disabled, that the second was big enough to get them all the heck out of

He could have ingested blow back off of a wall for sure, he could have even tipped a rotor. Don't guess we will ever know. But it happened and now we deal with it. I'm really glad that they all got out safe. Those guys are extraordinary. Way cool EMP tech wasn't it? I knew that there was research on that kind of technology, but never knew that it existed outside of the lab. I also kind of pictured it as a more permanent and damaging disruption rather than momentary.

Apparently the fabric skin was a new technology also. The network TV news (ABC and NBC) reported that children were walking off with pieces of it. It is a known fact that the Chinese are a large weapons supplier for Pakistan, and that they would love to have a stealth aircraft of any description. This one may come back to haunt us folks. BTW, it is highly unlikely that the aircraft was loaded to capacity and experienced a failure due to low air density, as all personnel, the seized equipment, and their captive, were loaded onto the other identical helicopter for the escape. That means

I'm fine with the decision. Is it better to have him viewed as a martyr, or as an imaginary leader? I don't know, and I really don't care. The fact of the matter is that he will not be killing any more innocents, and that was, after all, the point. The conspiray theorists on both sides would say that the picture is faked any way, just like the last one that was plastered all over Al Jazeera.

So called core consumer price inflation is relatively low at less than 2%. One problem is that this indicator is a snapshot in time, and totally useless at predicting the future. The other problem is that it totally ignores a large portion of the average household budget. There is another factor that we are not seeing in this number, and that is the coming importation of inflation. China has experienced a sustained period of 5% inflation at home, and this is beginning to creep into the products that are manufactured there for export. The Chinese government has used it's central power ov

The ISM Report was disappointing also. The 22nd month of unrelenting wholesale price inflation is increasing faster, inventories are growing, and job creation has slowed. The Jobs Report was also disappointing, in that the long term unemployed have increased as have the number of discouraged workers dropping from the job market. The private sector created only 216,000 new jobs. that's better than nothing, but still painfully slow. In fact that barely keeps up with demographic expansion. But hey look at the bright side. Our goods are cheaper overseas. But then, our largest export is d

Now that's funny right there...I don't care who you are. Further proof that the gene pool needs a little chlorine.

Don't know, but Intel desperately needs a fanless atom to compete in the tablet market.

Surepip, what I posted on the euro/dollar divergence has absolutely nothing to do with politics beyond how politics affect the devaluation of the dollar. It is the devaluation of the dollar ALONE that caused the difference I pointed out. It's a math problem, not a political statement. It has nothing to do with consumption or tax, as you yourself have pointed out that Oil is a global commodity with a globally set price in dollars. The price is the same in London as it is in New York. The only difference is the color of the paper that pays for it, and green is a color that is increasingly fall

There are just some things you do because your mama taught you right from wrong. Giving that evil bastard a decent burial was the right thing to do, completely unlike beheading a prisoner and parading his dismembered body in the streets for all to spank with their shoe.

From 2001 to the end of March 2011, the dollar depreciated 40 percent relative to the euro, from €1.18/$1 to €.704/$1. During this period, the US spot price of oil increased 348 percent in terms of dollars (from $23.38 to $104.64 per barrel). But in euros, that same barrel of oil increased only 167 percent (from €27.59 to €73.67 euros per barrel)in the same period. If the dollar had held steady relative to the euro at the exchange rate of 1.18 euros per dollar, then the US spot price for oil at the end of this last March would have been $62.42 per barrel. Zoo's right. Economics is such

There is also the not so small matter of 22 months of pent up wholesale inflation waiting to be passed on to the consumer. There is also the not so small matter of the fact that every dollar printed devalues your dollars in savings. When currency has no value, the whole system shuts down, and it is the Government that gives value to fiat currency. Currency is the only commodity that doesn't benefit society from an increase in quantity. The dollar is down because the "full faith and credit of the United States of America" isn't worth what it used to be. We can not continue to print monopol

Look at that Dreidel go.

A wise person once said, "I don't wish death upon another human being, but I have occasionally read an obituary with great joy". Bu Bye Osama. Congrats to all involved in his permanent removal from this earth.

What amazes me is that the Osama topic in the political forum is quite civil. Totally unlike this topic. This is an American victory and a grace upon the world because an evil mass murder is dead. It is the culmination of 9 years of work. Praise be to our men and women overseas who have developed and utilized an intelligence network capable of finding this SOB against enormous odds, and to the unnamed soldiers who carried out that flawless raid inside Pakistan. It's a great day for America. Remember however, that Osama is just one man and our goal will not be achieved in Afghanista

Sorry Pip. I guess at this point there is nothing to do but carry on the good fight. It's obvious that the county is beginning to realize that you might not go away, so stick it out. You deserve a day in court.

It depends entirely upon the family. A person with health problems, family to care for, and three kids in College may need much more to live a middle class lifestyle than a healthy retiree with a paid off house. It is very presumptive and elitist of anyone, including the government, to say how much is "enough" and to take the rest.