Webmaster Forum

Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Controversial Social Issues Discussions concerning controversial social issues. Topics include politics, religion, culture, social and economic issues, etc. Respect required at all times.


Reply
 
LinkBack Thread Tools Display Modes
Share |
  #1 (permalink)  
Old 05-10-2013, 01:56 PM
Contributing Member
Latest Blog:
None

 
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
Are high gas prices another Wall Street scam?

[YT]8ytlgUb31HA[/YT]

Any thoughts on this?
__________________
"The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant."

Robespierre
 
Reply With Quote

Advertisement

Advertisement

  #2 (permalink)  
Old 05-11-2013, 02:12 PM
Contributing Member
Latest Blog:
Special Offer

 
Join Date: 05-20-05
Posts: 452
iTrader: 0 / 0%
It is important to recognize that both the price of gas and the tax on it are "regressive". In other words, someone making $20,000/year might pay 3% of their income in gasoline tax, while someone making $1 million/year would pay something like 0.03% of their income on a gasoline tax.

Social security is another example of regressive taxation.
__________________
Better Than Google - Not the only game in town!
Google PageRank Hacked
 
Reply With Quote
  #3 (permalink)  
Old 05-11-2013, 07:51 PM
Contributing Member
Latest Blog:
None

 
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
Quote:
Originally Posted by dvduval View Post
It is important to recognize that both the price of gas and the tax on it are "regressive". In other words, someone making $20,000/year might pay 3% of their income in gasoline tax, while someone making $1 million/year would pay something like 0.03% of their income on a gasoline tax.

Social security is another example of regressive taxation.
Actually, the high price of the gasoline is pure speculation. Today we should pay 300% less. Wall Street is very good at manipulating the commodities. Just to give you an example, the speculation on the wheat starved to death more than 200 millions of people in Africa.
__________________
"The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant."

Robespierre
 
Reply With Quote
  #4 (permalink)  
Old 05-17-2013, 01:41 PM
Contributing Member
Latest Blog:
Special Offer

 
Join Date: 05-20-05
Posts: 452
iTrader: 0 / 0%
Quote:
Originally Posted by Brave7 View Post
Actually, the high price of the gasoline is pure speculation. Today we should pay 300% less. Wall Street is very good at manipulating the commodities. Just to give you an example, the speculation on the wheat starved to death more than 200 millions of people in Africa.
But it is not just Wall Street. With China adding so many new cars and growing so fast in general they are increasing the demand for gas. That said there are people who manipulate the contracts, but that is more temporary, and they have been cracking down on them.

In some ways gas should cost more because the price of extraction is not the only cost. There is also the cost of cleaning up spills, the costs associated with pollution, and the cost of returning the land where the oil was mined (ex. shale) back to the way it was before the mine existed there. Unfortunately none of those costs are fully assessed to companies like Exxon, the most profitable company in the world (right?).
__________________
Better Than Google - Not the only game in town!
Google PageRank Hacked
 
Reply With Quote
  #5 (permalink)  
Old 05-17-2013, 02:32 PM
Contributing Member
Latest Blog:
None

 
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
Quote:
Originally Posted by dvduval View Post
But it is not just Wall Street. With China adding so many new cars and growing so fast in general they are increasing the demand for gas. That said there are people who manipulate the contracts, but that is more temporary, and they have been cracking down on them.

In some ways gas should cost more because the price of extraction is not the only cost. There is also the cost of cleaning up spills, the costs associated with pollution, and the cost of returning the land where the oil was mined (ex. shale) back to the way it was before the mine existed there. Unfortunately none of those costs are fully assessed to companies like Exxon, the most profitable company in the world (right?).
Do you believe in the gasoline scam?

If they wanted to, we will be able to run any engine with clean energy. For example water engine, unfortunately all the inventors are disappearing mysteriously

[YT]CcNFgDuEYUg[/YT]
__________________
"The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant."

Robespierre
 
Reply With Quote
Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Scam Wall Street Learned From the Mafia Franc Tireur Controversial Social Issues 0 07-14-2012 11:49 AM
Prosecuting Wall Street Franc Tireur Controversial Social Issues 4 12-08-2011 02:19 PM
How Wall Street Can Still Win Franc Tireur Controversial Social Issues 0 10-21-2010 09:33 AM
If women ran Wall Street Franc Tireur Controversial Social Issues 8 04-06-2010 06:35 AM
Wall Streetís War Against Main Street America Franc Tireur Controversial Social Issues 0 02-19-2010 10:09 AM


V7N Network
Get exposure! V7N I Love Photography V7N SEO Blog V7N Directory


All times are GMT -7. The time now is 01:21 AM.
Powered by vBulletin
Copyright © 2000-2014 Jelsoft Enterprises Limited.
Copyright © 2003 - 2014 Escalate Media




Search Engine Optimization by vBSEO 3.6.0 RC 2 ©2011, Crawlability, Inc.