top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Thought For The Day

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Thought For The Day

    Got this in email today and wanted to share.

    OPEC sells oil for $136.00 a barrel.
    OPEC nations buy U.S. grain at $7.00 a bushel.

    Solution: Sell grain for $136.00 a bushel.

    Can't buy it? Tough shit! Eat your oil!
    Ought to go well with a nice thick grilled fillet of camel's ass!!!
    Filed Chapter 7 Pro-Se May 29, 2008
    341 July 1, 2008
    Discharged September 4, 2008
    Closed November 10, 2008 :-)
    Tags: None
    #2
    Can't argue with that!
    "You once asked me for advice. You want some now? Never pass up a good thing." Lieutenant Jean Rasczak, Starship Troopers

    Join the Mobile Infantry and save the world. Service guarantees citizenship.

    Comment

      #3
      OPEC sells oil for $136.00 a barrel.
      OPEC nations buy U.S. grain at $7.00 a bushel.
      Solution: Sell grain for $136.00 a bushel.
      One problem (besides grains being fungible):

      Are you willing to pay $78 for a loaf of bread?
      “When fascism comes to America, it’ll be wrapped in a flag and carrying a cross” — Sinclair Lewis

      Comment

        #4
        Yeah WhatMoney is right at 136 dollars a bushel you'd be paying about 20x what you do now for anything that takes grain
        May 31st, 2007: Petition Filed by my lawyer
        July 2nd, 2007: 341 Meeting Held
        September 4th, 2007: Discharged and Closed.

        Comment

          #5
          Next they will be selling oil for $125.00 a barrel - short barrels.
          Golden Jubilee was a year-long celebration held every 50 years in which all bondmen were freed, mortgaged lands were restored to the original owners, and land was left fallow: Lev. 25:8-17

          Comment

            #6
            Originally posted by JRScott View Post
            Yeah WhatMoney is right at 136 dollars a bushel you'd be paying about 20x what you do now for anything that takes grain
            Not if we keep the price of grain $7 a bushel if it stays in the US and offer our OPEC nation friends a "special price" of $136 a bushel.

            Comment

              #7
              Not if we keep the price of grain $7 a bushel if it stays in the US and offer our OPEC nation friends a "special price" of $136 a bushel.
              Unfortunately the world doesn't work like that. The Saudi's would just buy their grains elsewhere at a cheaper price. The price of a commodity like grain is fungible and determined by world market exchanges, not a single country. Meanwhile the farmers would not have a market for their exported grains unless they kept the price at world market levels. Anyway that e-mail was just a silly joke by some bigot that flunked Econ 101. The Saudi's could bring the US down in a second if they wanted to (by selling all the US Treasuries they own and pulling in those 'Sovereign Loans' they've made to failing US banks) - until they run out of oil they have the world by the short hairs.
              Last edited by WhatMoney; 06-27-2008, 01:57 PM.
              “When fascism comes to America, it’ll be wrapped in a flag and carrying a cross” — Sinclair Lewis

              Comment

              Previous template Next

              bottom Ad Widget

              Collapse
              Working...
              X