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Originally Posted by xmcp123
Oil prices are going to continue going up. The idea of heavily investing in renewable energy then reselling it to other industrial nations is a really. fucking. good. idea. It costs a substantial amount to create a solid infrastructure for that, so we could more or less hold a monopoly on it for quite awhile. Not many places will be able to round up the funding necessary to compete. As long as we're below the price of gas and have a solid method of distribution, we're solid. Additionally, it gives us the ability to put a financial squeeze on oil producing nations we may have conflicts with by lowering our own prices to undercut them. Oh yeah, and this entire thing creates jobs.
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Many who will vote for McCain agree with this. I don't see this as a partisan issue for the most part. We all hate seeing those Saudis driving Bentleys and skiing in the desert.
Quote:
Originally Posted by xmcp123
Taxing those making $250,000 or more keeps the middle class purchasing, and despite what McCain says will not damage the small business economy. I don't know about a lot of people doing well on this board, but I know my own spending habits don't vary drastically after my income passes a certain level.Do I like more money? Yeah. But a bit less money does not necessarily affect my spending habits(to a certain point obviously). Now once again, remember that although I'm getting taxed more I also get more sales because people are willing to part with their money.
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I disagree with anyone who says this won't affect many in America since millions of mom-and-pop S-corps fall into this range. Each one employs 2 to 3 people as well. It all ads up. The larger corps love this one because their leaner, more nimble competition will get slaughtered.
Quote:
Originally Posted by xmcp123
If you look at the polls, the public has a much higher confidence in Obama to deal with the economic situation. The confidence of the public is absolutely important to an economy. If people are more confident/less afraid of losing their asses, they don't restrict their buying habits to campbell's soup.
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I can see a small boost in consumer confidence immediately after the elections but I doubt it will have any lasting sustainability once the reality we are still in a depression sets in. Consumerism is fickle.
Quote:
Originally Posted by xmcp123
Agreed. It was 1968 when the weathermen were formed.
I have VERY straightlaced relatives who were dropping acid and enjoying the free love in a hippy van back then.
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I guess that makes bombing government buildings OK then.