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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Ed Huntress" wrote:
But SUV/light-truck sales have inched up from 45% of total vehicle sales to 49%, so we'll screw ourselves again soon, either way. Foreign oil producers were getting $700 billion/year from us not long ago. They know we're too knuckleheaded to impose a big gasoline tax, so the Russians, Iranians, and Venezuelans are counting on us to come through for them, once again. And where would that big gasoline tax go pray tell? Wes |
#2
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: But SUV/light-truck sales have inched up from 45% of total vehicle sales to 49%, so we'll screw ourselves again soon, either way. Foreign oil producers were getting $700 billion/year from us not long ago. They know we're too knuckleheaded to impose a big gasoline tax, so the Russians, Iranians, and Venezuelans are counting on us to come through for them, once again. And where would that big gasoline tax go pray tell? That's hard to say Wes but it could be used to keep your kids from having to pay off every dime of the trillions of dollars being borrowed to do something to keep you in your job today. There is five hundred trillion dollars or more in the system that is going to have to be bled out over time and that's a lot of money by anyones standards. Personally, I'd roll out a graduated tax on autogas tomorrow. You could index it to some group of economic indicators so that until those indicators are strong enough the tax would be zero and exempt commercial vehicles in the long haul/LTL industries permanently. You can't tax oil directly but you can target a tax that will produce the specific desired result without much trouble at all. Especially in the age of computerized pumps. In a healthy economy you wouldn't see gas below five dollars per gallon if I had my way. The people that fear such a thing most aren't American consumers Wes. It's the producers that are scared to death oif such a thing and rightfully so. We'd be declaring economic war on them and it's the war Bush should have declared instead of the mess he created instead. JC |
#3
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: But SUV/light-truck sales have inched up from 45% of total vehicle sales to 49%, so we'll screw ourselves again soon, either way. Foreign oil producers were getting $700 billion/year from us not long ago. They know we're too knuckleheaded to impose a big gasoline tax, so the Russians, Iranians, and Venezuelans are counting on us to come through for them, once again. And where would that big gasoline tax go pray tell? Wes Right here in the U.S. of A., as opposed to what will happen if we *don't* put a floor on prices -- which is to send the equivalent amount to Saudi Arabia, Russia, Venezuela, Iran, the U.A.R., Kuwait, etc., etc. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. -- Ed Huntress |
#4
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Ed Huntress" wrote:
"Wes" wrote in message ... "Ed Huntress" wrote: But SUV/light-truck sales have inched up from 45% of total vehicle sales to 49%, so we'll screw ourselves again soon, either way. Foreign oil producers were getting $700 billion/year from us not long ago. They know we're too knuckleheaded to impose a big gasoline tax, so the Russians, Iranians, and Venezuelans are counting on us to come through for them, once again. And where would that big gasoline tax go pray tell? Wes Right here in the U.S. of A., as opposed to what will happen if we *don't* put a floor on prices -- which is to send the equivalent amount to Saudi Arabia, Russia, Venezuela, Iran, the U.A.R., Kuwait, etc., etc. When I asked where will the revenue go, I ment it in the sense of how it is going to be used. Government will spend it on something. One would like to see debts paid down but I would not bet anything worth much on that. I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? The chance of me ever owning a car getting 30 mpg again is slight. I know the roadmap a head. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Wes PS Hope you had a very Merry Christmas. |
#5
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"John R. Carroll" wrote:
And where would that big gasoline tax go pray tell? That's hard to say Wes but it could be used to keep your kids from having to pay off every dime of the trillions of dollars being borrowed to do something to keep you in your job today. There is five hundred trillion dollars or more in the system that is going to have to be bled out over time and that's a lot of money by anyones standards. If I had certainty that it would pay down debt, we could consider it. It is a regressive tax as I mentioned to Ed. Personally, I'd roll out a graduated tax on autogas tomorrow. You could index it to some group of economic indicators so that until those indicators are strong enough the tax would be zero and exempt commercial vehicles in the long haul/LTL industries permanently. The first part keeps us from digging a bigger hole. Pickens idea of using windmills to generate electricity and move heavy truck to NG was one of the few 'green' ideas I liked. Electric vehicles, networks and using cars that are charging as a load sink that can be dropped to keep traditional baseline running w/o firing up NG generation would be a piece of the puzzle. Don't forget though that many voters feel the price of gas acutely. I'd hate to have my name on that one if I was a member of the house or senator up for re-election. You can't tax oil directly but you can target a tax that will produce the specific desired result without much trouble at all. Especially in the age of computerized pumps. In a healthy economy you wouldn't see gas below five dollars per gallon if I had my way. I have to ask you how far do you drive? Not everyone lives in a high density population center. Too many solutions, including light rail seem to be city/metro centric ideas. The people that fear such a thing most aren't American consumers Wes. It's the producers that are scared to death oif such a thing and rightfully so. We'd be declaring economic war on them and it's the war Bush should have declared instead of the mess he created instead. Last one first. I don't see Obama making big changes so far. Iraq is winding down, surge in Afghanistan. Game still on. Well we do not have a coherent energy policy. The carbon crowd wants the end of coal fired, the anti nukes block new nuclear power plants. The save the fishies hate hydro. Then the endangered species types will block transmission line corridors and wind farms. The Kennedy clan didn't like windmills in their bailiwick. I am not very hopeful. Wes |
#6
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: But SUV/light-truck sales have inched up from 45% of total vehicle sales to 49%, so we'll screw ourselves again soon, either way. Foreign oil producers were getting $700 billion/year from us not long ago. They know we're too knuckleheaded to impose a big gasoline tax, so the Russians, Iranians, and Venezuelans are counting on us to come through for them, once again. And where would that big gasoline tax go pray tell? Wes Right here in the U.S. of A., as opposed to what will happen if we *don't* put a floor on prices -- which is to send the equivalent amount to Saudi Arabia, Russia, Venezuela, Iran, the U.A.R., Kuwait, etc., etc. When I asked where will the revenue go, I ment it in the sense of how it is going to be used. Government will spend it on something. One would like to see debts paid down but I would not bet anything worth much on that. When the economy is going well, pay down the debt. When it's not, don't. One useful way to look at this is in terms of GDP: you want the debt to go down as a percentage of GDP when GDP is growing. Absolute numbers don't matter as much as fractions of economic activity. When the GDP is flat or dropping, depending on the reason for it, the smart thing often is to increase the debt. I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Your feelings are interesting, but feelings don't solve problems. Setting good policy can help solve problems. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. The serious gas tax plans include a credit, usually based on income. That covers lower-income people financially while still leaving in place their incentive to use less gas. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. That doesn't create a market. That just distorts a market. People will still want bigger cars and the car makers will do everything they can to encourage them to buy them, just like they did with the original CAFE standards. The car makers paid a penalty if they made too many low-mileage cars but it was still more profitable for them to make the cars and pass the penalty on to the customer. And then the small cars they make are junk, because they're just trying to squeeze a distorted market and they're building the cars to meet the standard. That's why their small cars are mostly junk now. When they sell a good one, it's usually because they build it overseas and imported it. This is not maliciousness, greed, or collusion on their part. They're just following the market incentives as we've set them up, trying to keep their heads above water. CAFE standards are better than nothing but they create some perverse incentives that work against us in the long run. If you want a straightforward, clean incentive that pushes in the right direction, a gasoline tax is the best one anyone has come up with. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? Don't outlaw it. Just make it expensive to make choices that hurt the whole country. There's an external cost when thousands of people buy Hummers, and the external cost is higher gas prices for everyone. They did that in Germany for years, with a tax on engine displacement on top of their high fuel taxes. I don't think we need an engine tax. A substantial gasoline tax ought to do it. The chance of me ever owning a car getting 30 mpg again is slight. I know the roadmap a head. As we can see already from the truck/car sales ratio (that 45% was for July, BTW; the 49% was for November. I forgot to mention that), a great many people don't. They just blame it all on market manipulation and think it's the government's job to ferret out the evildoers and to get prices down again. What they don't recognize is that they're the ones regulating the market. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. It will be a shot of heroin -- it can put a lid on the pain, but it doesn't help anything in the long run. But timing is important. If you raise taxes quickly now, you'll stall any recovery. It has to be phased in, perhaps adjusted to the state of the GDP. Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Well, if we could count on everyone to use good sense like that, there would be no need for any regulation and we'd be making smart choices without the coercion of gasoline taxes. But we can't, because people don't, and we therefore do. d8-) Wes PS Hope you had a very Merry Christmas. We did, Wes. And I hope yours was the same. -- Ed Huntress |
#7
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... "John R. Carroll" wrote: And where would that big gasoline tax go pray tell? That's hard to say Wes but it could be used to keep your kids from having to pay off every dime of the trillions of dollars being borrowed to do something to keep you in your job today. There is five hundred trillion dollars or more in the system that is going to have to be bled out over time and that's a lot of money by anyones standards. If I had certainty that it would pay down debt, we could consider it. It is a regressive tax as I mentioned to Ed. Hardly. Given todays technology, you could abate the tax at the pump completely with a card for anyone driving preferred vehicles. Your card could also hold a profile that would "prebate" the tax. Use more - pay more. Car pooling works, even in small shops. Personally, I'd roll out a graduated tax on autogas tomorrow. You could index it to some group of economic indicators so that until those indicators are strong enough the tax would be zero and exempt commercial vehicles in the long haul/LTL industries permanently. The first part keeps us from digging a bigger hole. Pickens idea of using windmills to generate electricity and move heavy truck to NG was one of the few 'green' ideas I liked. Big Rigs are one of the few efficient uses of petroleum for transport. NG ain't going to happen. Taxing those guys would be foolish and there isn't any need to do so. Electric vehicles, networks and using cars that are charging as a load sink that can be dropped to keep traditional baseline running w/o firing up NG generation would be a piece of the puzzle. Don't forget though that many voters feel the price of gas acutely. I'd hate to have my name on that one if I was a member of the house or senator up for re-election. Yeah, bull**** Republican values will finally have to align with reality. There isn't anything conservative about today's Republican party. It's time you realized that we elect people to office at the national level to make hard choices. Don't pull the plug on them when they do so or we will continue to have what we do and don't put them in office unless you are willing to trust them with that responsibility.. They aren't any better than their constituents which is why George W. Bush is such an embarassment. You'll know things are on the right track when you write your Congressman to say that their vote cost you something, but thanks, the good of the country was well served, let's not have this happen again. You can't tax oil directly but you can target a tax that will produce the specific desired result without much trouble at all. Especially in the age of computerized pumps. In a healthy economy you wouldn't see gas below five dollars per gallon if I had my way. I have to ask you how far do you drive? My 1985 Corvette is sporting 273,815 miles and my 1990 is going on the road next week. I did 20,000 miles in four months this summer on the '85, all of it at more than four dollars per gallon. Not everyone lives in a high density population center. Too many solutions, including light rail seem to be city/metro centric ideas. The people that fear such a thing most aren't American consumers Wes. It's the producers that are scared to death oif such a thing and rightfully so. We'd be declaring economic war on them and it's the war Bush should have declared instead of the mess he created instead. Last one first. I don't see Obama making big changes so far. Really? He isn't even our President and he's effected a huge change in public perception. OTOH, I've seen George W. Bush make dramatic changes in everything from his stewardship of America to the active promotion of policies that have lead our economy to the brink. Iraq is winding down, surge in Afghanistan. Game still on. Nobody gives a **** about either of them Wes and you shouldn't either. Let them fight their own battles. We can, and should, help out but it's their beef. Your job, and mine, is to feed our families and grow America into the future with a higher standard of living for us all. Their job is to explain to us why helping them is a good idea. I haven't heard or seen anything from them yet unless their mouthpiece is living at 1600 Pennsylvania Avenue, and I thought the dude at that adress worked for you and I. That means not sacrificing our wants and finding a way to deliver. Convinced as Americans all seem to be of our superior nature, the time has come to rise to the challenge and quit blaming others for our own failure to get it right. When you are told the costs are to high your response ought to be something to the effect that Americans are at least as capable as the rest of the world - go back to the drawing board and figure something out or you're fired. The way to keep Saudi Arabian citizens from crashing commercial jets into American real estate is to bankrupt their country. The way to keep Afghanistan in line is to pulverize them remotely with drones from time to time. They are savages. The real problem in that area is something that you didn't mention - Pakistan and their nukes. We tried to get them to buy into PASS but they wouldn't. That means they can launch at will and undetected. Well we do not have a coherent energy policy. The carbon crowd wants the end of coal fired, That isn't going to happen either. Look for yourself. http://www.eia.doe.gov/cneaf/electri.../gen_tabs.html the anti nukes block new nuclear power plants. BS. The problem with Nukes is they take ten years to build and they are only a bridge. They also have another distinctive drawback. The fuel is EXPENSIVE and nobody wants it in their back yard. Something nobody talks about, but they actually do exist, is environmental sacrifice zones. Look it up. JC |
#8
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
On Sun, 28 Dec 2008 19:08:38 -0800, "John R. Carroll"
wrote: I have to ask you how far do you drive? My 1985 Corvette is sporting 273,815 miles and my 1990 is going on the road next week. I did 20,000 miles in four months this summer on the '85, all of it at more than four dollars per gallon. Sorry, but that doesn't answer the question. How far do you drive to work each day. We don't care how far you drive to your cottage every weekend, or to the golf course, or for "$50 hamburgers" with your 'vette club buddies. |
#9
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
wrote in message ... On Sun, 28 Dec 2008 19:08:38 -0800, "John R. Carroll" wrote: I have to ask you how far do you drive? My 1985 Corvette is sporting 273,815 miles and my 1990 is going on the road next week. I did 20,000 miles in four months this summer on the '85, all of it at more than four dollars per gallon. Sorry, but that doesn't answer the question. Actually it does. He said " I have to ask you how far do you drive?" How far do you drive to work each day. It's 112 miles round trip to the vendor I was working with. At the moment, I'll be running between LA and San Jose two or three times a week for a month. We don't care how far you drive to your cottage every weekend, or to the golf course, or for "$50 hamburgers" with your 'vette club buddies. That's pretty funny. Hamburgers at a good joint haven't been below $60.00 in years. LOL JC |
#10
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"John R. Carroll" wrote:
"Wes" wrote in message ... "John R. Carroll" wrote: If I had certainty that it would pay down debt, we could consider it. It is a regressive tax as I mentioned to Ed. Hardly. Given todays technology, you could abate the tax at the pump completely with a card for anyone driving preferred vehicles. Your card could also hold a profile that would "prebate" the tax. Use more - pay more. Car pooling works, even in small shops. Not really. When you are in a pool and the driver or passenger has to work extra hours it falls apart. When is the last time you car pooled? Been about 30 years for me. Personally, I'd roll out a graduated tax on autogas tomorrow. You could index it to some group of economic indicators so that until those indicators are strong enough the tax would be zero and exempt commercial vehicles in the long haul/LTL industries permanently. The first part keeps us from digging a bigger hole. Pickens idea of using windmills to generate electricity and move heavy truck to NG was one of the few 'green' ideas I liked. Big Rigs are one of the few efficient uses of petroleum for transport. NG ain't going to happen. Taxing those guys would be foolish and there isn't any need to do so. NG isn't going to happen? Why? Rail is way more efficent unless you think JIT is the holy grail. Electric vehicles, networks and using cars that are charging as a load sink that can be dropped to keep traditional baseline running w/o firing up NG generation would be a piece of the puzzle. Don't forget though that many voters feel the price of gas acutely. I'd hate to have my name on that one if I was a member of the house or senator up for re-election. Yeah, bull**** Republican values will finally have to align with reality. There isn't anything conservative about today's Republican party. It's time you realized that we elect people to office at the national level to make hard choices. Oh so the Obama administration is going to trim the UAW? I'm starting to laugh. And to throw you a bone, when Republicans try to play as Democrats they are going to loose every time. Don't pull the plug on them when they do so or we will continue to have what we do and don't put them in office unless you are willing to trust them with that responsibility.. They aren't any better than their constituents which is why George W. Bush is such an embarassment. You'll know things are on the right track when you write your Congressman to say that their vote cost you something, but thanks, the good of the country was well served, let's not have this happen again. I've written my Dems a few times. They are very good at phrasing bend over in a reply. You can't tax oil directly but you can target a tax that will produce the specific desired result without much trouble at all. Especially in the age of computerized pumps. In a healthy economy you wouldn't see gas below five dollars per gallon if I had my way. I have to ask you how far do you drive? My 1985 Corvette is sporting 273,815 miles and my 1990 is going on the road next week. I did 20,000 miles in four months this summer on the '85, all of it at more than four dollars per gallon. Would you say that gas at 4 dollars really isn't a budget killer? You are speaking from the perspective of someone that doesn't think 30K is a good wage in these times. (I think 30K would suck, I love my job, I love my job...) I think your perspective is out of line with the main stream. Not everyone lives in a high density population center. Too many solutions, including light rail seem to be city/metro centric ideas. The people that fear such a thing most aren't American consumers Wes. It's the producers that are scared to death of such a thing and rightfully so. We'd be declaring economic war on them and it's the war Bush should have declared instead of the mess he created instead. Last one first. I don't see Obama making big changes so far. Really? He isn't even our President and he's effected a huge change in public perception. OTOH, I've seen George W. Bush make dramatic changes in everything from his stewardship of America to the active promotion of policies that have lead our economy to the brink. Obama hasn't done anything. He can't. He sticks to 'one President at at a time'. If I was him, I'd use that tactic. I *hope* GWB and Obama are talking though. Iraq is winding down, surge in Afghanistan. Game still on. Nobody gives a **** about either of them Wes and you shouldn't either. Let them fight their own battles. We can, and should, help out but it's their beef. Your job, and mine, is to feed our families and grow America into the future with a higher standard of living for us all. Their job is to explain to us why helping them is a good idea. I haven't heard or seen anything from them yet unless their mouthpiece is living at 1600 Pennsylvania Avenue, and I thought the dude at that adress worked for you and I. That means not sacrificing our wants and finding a way to deliver. Convinced as Americans all seem to be of our superior nature, the time has come to rise to the challenge and quit blaming others for our own failure to get it right. When you are told the costs are to high your response ought to be something to the effect that Americans are at least as capable as the rest of the world - go back to the drawing board and figure something out or you're fired. I bet Obama stays in Afganistan. I'm a strong believer in self defense be it at a national or personal level. I think we get rolled on defending the world. Considering how Nato has supported us, I'm ready to call the troops back from all of Europe. The way to keep Saudi Arabian citizens from crashing commercial jets into American real estate is to bankrupt their country. The way to keep Afghanistan in line is to pulverize them remotely with drones from time to time. They are savages. The real problem in that area is something that you didn't mention - Pakistan and their nukes. We tried to get them to buy into PASS but they wouldn't. That means they can launch at will and undetected. I don't know what PASS is. Likely target is India. India will deal with it. Well we do not have a coherent energy policy. The carbon crowd wants the end of coal fired, That isn't going to happen either. Look for yourself. http://www.eia.doe.gov/cneaf/electri.../gen_tabs.html Thanks for the link. the anti nukes block new nuclear power plants. BS. The problem with Nukes is they take ten years to build and they are only a bridge. They also have another distinctive drawback. The fuel is EXPENSIVE and nobody wants it in their back yard. Something nobody talks about, but they actually do exist, is environmental sacrifice zones. Look it up. I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes -- Reply to: Whiskey Echo Sierra Sierra AT Alpha Charlie Echo Golf Romeo Oscar Paul dot Charlie Charlie Lycos address is a spam trap. |
#11
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) -- Ed Huntress |
#12
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Ed Huntress" wrote:
When I asked where will the revenue go, I ment it in the sense of how it is going to be used. Government will spend it on something. One would like to see debts paid down but I would not bet anything worth much on that. When the economy is going well, pay down the debt. When it's not, don't. One useful way to look at this is in terms of GDP: you want the debt to go down as a percentage of GDP when GDP is growing. Absolute numbers don't matter as much as fractions of economic activity. When the GDP is flat or dropping, depending on the reason for it, the smart thing often is to increase the debt. Having seen how excess social security funds have been 'invested' do you really trust government to do the right thing? I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Your feelings are interesting, but feelings don't solve problems. Setting good policy can help solve problems. Previous response applies. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. The serious gas tax plans include a credit, usually based on income. That covers lower-income people financially while still leaving in place their incentive to use less gas. So you belive tax policy should be a tool of social engineering? Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. That doesn't create a market. That just distorts a market. People will still want bigger cars and the car makers will do everything they can to encourage them to buy them, just like they did with the original CAFE standards. The car makers paid a penalty if they made too many low-mileage cars but it was still more profitable for them to make the cars and pass the penalty on to the customer. If you have 4 or 5 kids, something that tax policy seems to encourage, they are not going to fit in a sub compact. People that are not schooled in physics seem to get that more mass vs less mass means you have a better chance of surviving a head on. So you want to force those that are not as well off into cars they will die in when the rich roll over them? And then the small cars they make are junk, because they're just trying to squeeze a distorted market and they're building the cars to meet the standard. That's why their small cars are mostly junk now. When they sell a good one, it's usually because they build it overseas and imported it. My 2001 Saturn is an excellent car. 161,000 miles and counting. Not a great winter car since Governor Grandholm is balancing the budget by not plowing roads. Of course that means many of us living where I do are looking at suv's again since we need to get to work to keep that job. This is not maliciousness, greed, or collusion on their part. They're just following the market incentives as we've set them up, trying to keep their heads above water. CAFE standards are better than nothing but they create some perverse incentives that work against us in the long run. If you want a straightforward, clean incentive that pushes in the right direction, a gasoline tax is the best one anyone has come up with. That only affects the lower level classes. If I made 300K a year, I'd drive anything I liked. It is not clean in any way. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? Don't outlaw it. Just make it expensive to make choices that hurt the whole country. There's an external cost when thousands of people buy Hummers, and the external cost is higher gas prices for everyone. The hummer drivers are unable to give these things away. At least there were not able to a few months ago. Based on your logic all private jets should be outlawed too. More efficient to fly commercial. They did that in Germany for years, with a tax on engine displacement on top of their high fuel taxes. I don't think we need an engine tax. A substantial gasoline tax ought to do it. The chance of me ever owning a car getting 30 mpg again is slight. I know the roadmap a head. As we can see already from the truck/car sales ratio (that 45% was for July, BTW; the 49% was for November. I forgot to mention that), a great many people don't. They just blame it all on market manipulation and think it's the government's job to ferret out the evildoers and to get prices down again. What they don't recognize is that they're the ones regulating the market. Good Dems. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. It will be a shot of heroin -- it can put a lid on the pain, but it doesn't help anything in the long run. But timing is important. If you raise taxes quickly now, you'll stall any recovery. It has to be phased in, perhaps adjusted to the state of the GDP. Are you supporting the "Laufer Curve"? Seems like one side likes low taxes and another thinks high taxes will maximize revenue. Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Well, if we could count on everyone to use good sense like that, there would be no need for any regulation and we'd be making smart choices without the coercion of gasoline taxes. But we can't, because people don't, and we therefore do. d8-) Well, a lot of people use good sense. Usually the lower on the scale of earnings the better sense they display. The ones thinking they are living large will shrug off gas taxes as they live outside their means. I'm not a fan of social engineering. Social engineering is government working backwards. Wes |
#13
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#OT# More BS on oil supplies
"Wes" wrote in message ... "John R. Carroll" wrote: "Wes" wrote in message ... "John R. Carroll" wrote: If I had certainty that it would pay down debt, we could consider it. It is a regressive tax as I mentioned to Ed. Hardly. Given todays technology, you could abate the tax at the pump completely with a card for anyone driving preferred vehicles. Your card could also hold a profile that would "prebate" the tax. Use more - pay more. Car pooling works, even in small shops. Not really. When you are in a pool and the driver or passenger has to work extra hours it falls apart. When is the last time you car pooled? Been about 30 years for me. It's been a while for me too Wes but when that happened the others played chess in the break room. Personally, I'd roll out a graduated tax on autogas tomorrow. You could index it to some group of economic indicators so that until those indicators are strong enough the tax would be zero and exempt commercial vehicles in the long haul/LTL industries permanently. The first part keeps us from digging a bigger hole. Pickens idea of using windmills to generate electricity and move heavy truck to NG was one of the few 'green' ideas I liked. Big Rigs are one of the few efficient uses of petroleum for transport. NG ain't going to happen. Taxing those guys would be foolish and there isn't any need to do so. NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Rail is way more efficent unless you think JIT is the holy grail. Capacity is a problem with rail. You also have to get goods to and from a rail head. Our highway system is an excellent choice for anything perishable like food. There isn't a silver bullet. Electric vehicles, networks and using cars that are charging as a load sink that can be dropped to keep traditional baseline running w/o firing up NG generation would be a piece of the puzzle. Don't forget though that many voters feel the price of gas acutely. I'd hate to have my name on that one if I was a member of the house or senator up for re-election. Yeah, bull**** Republican values will finally have to align with reality. There isn't anything conservative about today's Republican party. It's time you realized that we elect people to office at the national level to make hard choices. Oh so the Obama administration is going to trim the UAW? I'm starting to laugh. Sort of. The Treasury is going to provide the debtor in possesion financing GM needs to file for bankruptcy. That won't eliminate the UAW but the exsting contracts will be null and void. The same is true with GM's retiree benefit program. It'll just be gone as far as GM is concerned. Still laughing? What is actually going to happen is that Cerberus is going to end up with GMAC, GM and Chrysler are going to become one company and you and I are either going to provide loan gaurantees or loans to make that happen through the auspices of a shrink wrapped bankruptcy filing. Remember you heard it here first. LOL And to throw you a bone, when Republicans try to play as Democrats they are going to loose every time. What we are facing isn't going to involve a partisan solution. Anyone from either party that plays things that way will end up out of office in short order. Should the Toyota Republicans not get with the program, their constituents will toss them out on their ass so fast they won't know what happened. That's my feeling anyway. Everyone is well and truly tired of this crappy approach to governing. Don't pull the plug on them when they do so or we will continue to have what we do and don't put them in office unless you are willing to trust them with that responsibility.. They aren't any better than their constituents which is why George W. Bush is such an embarassment. You'll know things are on the right track when you write your Congressman to say that their vote cost you something, but thanks, the good of the country was well served, let's not have this happen again. I've written my Dems a few times. They are very good at phrasing bend over in a reply. Why would you take that sitting down? Keep writing and here's a tip. Hand write your letters. You would be surprised at the result. Would you say that gas at 4 dollars really isn't a budget killer? You are speaking from the perspective of someone that doesn't think 30K is a good wage in these times. (I think 30K would suck, I love my job, I love my job...) I think your perspective is out of line with the main stream. Well, I'm getting thirty one miles to the gallon on the freeway Wes so you are probably right. I think everyone ought to get at least that. Obama hasn't done anything. He can't. He sticks to 'one President at at a time'. If I was him, I'd use that tactic. I *hope* GWB and Obama are talking though. I'd be surprised if there weren't cooperation but only to a point. Bush IS still our President and that has to be respected. Obama turning into mister big britches wouldn't go over well at all and I think he's conducting himself well enough. I bet Obama stays in Afganistan. I'm a strong believer in self defense be it at a national or personal level. I think we get rolled on defending the world. We'll stay for a while and grow our force there. I don't see how the result can be especially good but I don't think Obama will continue to push a bad hand beyond reason. We'll see. Considering how Nato has supported us, I'm ready to call the troops back from all of Europe. I'd do the opposite. We need to get them commited to the fight. Someone will need to define just exactly what the fight is first but the world is pretty turned off to Bush right now. Hopefully, the incoming administration will be able to take advantage of whatever good will the change in leaders generates. From all appearances, that could be considerable. The way to keep Saudi Arabian citizens from crashing commercial jets into American real estate is to bankrupt their country. The way to keep Afghanistan in line is to pulverize them remotely with drones from time to time. They are savages. The real problem in that area is something that you didn't mention - Pakistan and their nukes. We tried to get them to buy into PASS but they wouldn't. That means they can launch at will and undetected. I don't know what PASS is. Likely target is India. India will deal with it. Well we do not have a coherent energy policy. The carbon crowd wants the end of coal fired, That isn't going to happen either. Look for yourself. http://www.eia.doe.gov/cneaf/electri.../gen_tabs.html Thanks for the link. NP the anti nukes block new nuclear power plants. BS. The problem with Nukes is they take ten years to build and they are only a bridge. They also have another distinctive drawback. The fuel is EXPENSIVE and nobody wants it in their back yard. Something nobody talks about, but they actually do exist, is environmental sacrifice zones. Look it up. I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. OK but I'll want to shut off your electricity for the ten years it will take and ten years after that there will be a much better solution on the nuclear front. Fission is what we can do today, fusion is the long term future. Be a little patient and reap the reward. Your kids will regardless. I've got to hop. One of my guys is having trouble with a turn key I did. They moved everything from one shop (vendor) to another and the top dogs woke me up at three thirty this morning to get me rolling. The Vietnamese food in Witchata is first class if you don't mind the neighborhood. LOL JC |
#14
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#OT# More BS on oil supplies
"Ed Huntress" wrote in message ... "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw Another market that has crashed Ed. JC |
#15
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#OT# More BS on oil supplies
"Ed Huntress" wrote:
Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) But how do they taste? Wes |
#16
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll"
wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. |
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#OT# More BS on oil supplies
wrote in message ... On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll" wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. Not over the road. That's the only applicatoin where they make sense. They were actually pretty good ( about equally efficient) and I've got to believe with the advances in techno;ogy over the last thirty years someone could come up with something spiffy. JC JC |
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 12:52:49 -0800, "John R. Carroll"
wrote: "Ed Huntress" wrote in message ... "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw Another market that has crashed Ed. JC Because you can buy cheaper crabs from China? |
#19
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#OT# More BS on oil supplies
wrote in message ... On Mon, 29 Dec 2008 12:52:49 -0800, "John R. Carroll" wrote: "Ed Huntress" wrote in message ... "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw Another market that has crashed Ed. Because you can buy cheaper crabs from China? People are buying fewer crabs as they stretch food budgets. Crabbers are starting to get out of the business in the Chesapeake Bay area all together because they can't make any money. JC |
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: When I asked where will the revenue go, I ment it in the sense of how it is going to be used. Government will spend it on something. One would like to see debts paid down but I would not bet anything worth much on that. When the economy is going well, pay down the debt. When it's not, don't. One useful way to look at this is in terms of GDP: you want the debt to go down as a percentage of GDP when GDP is growing. Absolute numbers don't matter as much as fractions of economic activity. When the GDP is flat or dropping, depending on the reason for it, the smart thing often is to increase the debt. Having seen how excess social security funds have been 'invested' do you really trust government to do the right thing? Disregarding the fact that social security "surplusses" are actually a net loss after corporate tax deductions for payroll taxes, how would you have wanted them to be "invested"? Think about where you'd put the money. In Treasury bonds? So that we owe the money to ourselves, and gain interest -- but with the other hand we're...paying the interest? g These things get simplified in the popular explanations so that people can relate to them as if they're like a family budget. But they're not. I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Your feelings are interesting, but feelings don't solve problems. Setting good policy can help solve problems. Previous response applies. If you get specific, we can follow the money around the track for an example or two. Then the question boils down to this: Do you want that money to stay here, where it swaps hands among Americans (efficiently or not; it doesn't matter much), or do you want it going to Saudi Arabia? It's our choice. My bet is that we'll continue to send it to Saudi Arabia, because the benefits of taxing gasoline are a little too hard for the average voter to follow. All they know is they don't like taxes -- or much else, for that matter. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. The serious gas tax plans include a credit, usually based on income. That covers lower-income people financially while still leaving in place their incentive to use less gas. So you belive tax policy should be a tool of social engineering? All tax policy is a tool of social engineering, and always has been. It's just a question of whether you want to do the engineering, or to let Exxon and Iran do the engineering by default. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. That doesn't create a market. That just distorts a market. People will still want bigger cars and the car makers will do everything they can to encourage them to buy them, just like they did with the original CAFE standards. The car makers paid a penalty if they made too many low-mileage cars but it was still more profitable for them to make the cars and pass the penalty on to the customer. If you have 4 or 5 kids, something that tax policy seems to encourage, they are not going to fit in a sub compact. Well, then, put them in a horse-drawn wagon. g Too bad. They should have smaller kids... People that are not schooled in physics seem to get that more mass vs less mass means you have a better chance of surviving a head on. So you want to force those that are not as well off into cars they will die in when the rich roll over them? Yup. Get rid of the riff-raff. g Get rid of 75% of the 3-ton SUVs, and we'll all be a lot safer. Tax the hell out of them and you'll get the numbers down. And then the small cars they make are junk, because they're just trying to squeeze a distorted market and they're building the cars to meet the standard. That's why their small cars are mostly junk now. When they sell a good one, it's usually because they build it overseas and imported it. My 2001 Saturn is an excellent car. 161,000 miles and counting. That doesn't make it an excellent car. I have an axe that I use regularly. It's almost 90 years old and it still has the original head. g It's a long-lived axe but I wouldn't call it excellent. If you want to try an excellent car of about the size of your Saturn, take a test drive in a 3-Series BMW. As I told a couple of GM engineers one year at IMTS (admittedly, it was a long time ago), if that doesn't make you want to come home and kick in the doors of your Chevy ****box (or Saturn), you're not a car guy. The engineers were not amused, BTW, but they didn't have a rejoinder, because neither of them had ever been inside of a BMW. That didn't stop them from bad-mouthing the "yuppies" who bought them. Not a great winter car since Governor Grandholm is balancing the budget by not plowing roads. Of course that means many of us living where I do are looking at suv's again since we need to get to work to keep that job. It's a funny thing, but we got along fine without SUVs for around 70 years, so I'm not impressed with their attitude. The best snow car I ever had was a '64 VW bug with studded tires, which carried me to the ski slopes for years, when everyone else was stopped dead. It got 36 mpg on the highway. This is not maliciousness, greed, or collusion on their part. They're just following the market incentives as we've set them up, trying to keep their heads above water. CAFE standards are better than nothing but they create some perverse incentives that work against us in the long run. If you want a straightforward, clean incentive that pushes in the right direction, a gasoline tax is the best one anyone has come up with. That only affects the lower level classes. If I made 300K a year, I'd drive anything I liked. It is not clean in any way. What are you, a communist? d8-) The object is to make the economy work for all of us, or for as many as possible. I'm not impressed with low-income people who tell me they're deprived because they can't fuel their SUVs. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? Don't outlaw it. Just make it expensive to make choices that hurt the whole country. There's an external cost when thousands of people buy Hummers, and the external cost is higher gas prices for everyone. The hummer drivers are unable to give these things away. At least there were not able to a few months ago. Based on your logic all private jets should be outlawed too. More efficient to fly commercial. Nowhere in anything I've said have you heard me suggest "outlawing" anything. You're making that up in your head. They did that in Germany for years, with a tax on engine displacement on top of their high fuel taxes. I don't think we need an engine tax. A substantial gasoline tax ought to do it. The chance of me ever owning a car getting 30 mpg again is slight. I know the roadmap a head. As we can see already from the truck/car sales ratio (that 45% was for July, BTW; the 49% was for November. I forgot to mention that), a great many people don't. They just blame it all on market manipulation and think it's the government's job to ferret out the evildoers and to get prices down again. What they don't recognize is that they're the ones regulating the market. Good Dems. I don't think political affiliations have anything to do with how much people bitch about what the government is doing wrong. The ones who think they know how to do better tend to be the ones who never graduated from high school. They have all the answers. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. It will be a shot of heroin -- it can put a lid on the pain, but it doesn't help anything in the long run. But timing is important. If you raise taxes quickly now, you'll stall any recovery. It has to be phased in, perhaps adjusted to the state of the GDP. Are you supporting the "Laufer Curve"? Seems like one side likes low taxes and another thinks high taxes will maximize revenue. The Laffer Curve is a much-abused device that Laffer himself calls a "pedagogical device" for use in the econ classes he teaches. Of course it's valid -- the idea has been around since the 13th century. It's just that nobody knows where the intersection point of those two curves lies. The most expert analysis says it's at a total tax rate of 65%. I suspect that's in the right neighborhood. Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Well, if we could count on everyone to use good sense like that, there would be no need for any regulation and we'd be making smart choices without the coercion of gasoline taxes. But we can't, because people don't, and we therefore do. d8-) Well, a lot of people use good sense. Usually the lower on the scale of earnings the better sense they display. Nonsense. Their lack of sense is how they got on the bottom of the scale in the first place. The ones thinking they are living large will shrug off gas taxes as they live outside their means. If they have enough money, they *can* shrug off gas taxes. I'm not a fan of social engineering. Social engineering is government working backwards. Everything that government does is social engineering, especially taxation. And big companies that have real market power do the rest of the social engineering for us. -- Ed Huntress |
#21
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#OT# More BS on oil supplies
"John R. Carroll" wrote:
"Wes" wrote in message ... "John R. Carroll" wrote: "Wes" wrote in message ... "John R. Carroll" wrote: If I had certainty that it would pay down debt, we could consider it. It is a regressive tax as I mentioned to Ed. Not really. When you are in a pool and the driver or passenger has to work extra hours it falls apart. When is the last time you car pooled? Been about 30 years for me. It's been a while for me too Wes but when that happened the others played chess in the break room. NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. I think the idea was to divert NG consumption from electric power plants to heavy truck. Then use wind to balance off the loss in capacity. Pickens never mentioned using EV's as a load sink to create a sorta base load capacity but he should have. Maybe that was too much to spoon feed people. Rail is way more efficent unless you think JIT is the holy grail. Capacity is a problem with rail. You also have to get goods to and from a rail head. Our highway system is an excellent choice for anything perishable like food. There isn't a silver bullet. No there isn't. I worked for a place that brought in heavy loads of material. The rail road often lost in in a JIT enviroment. We have GPS and other technology to improve the sitiuation. Electric vehicles, networks and using cars that are charging as a load sink that can be dropped to keep traditional baseline running w/o firing up NG generation would be a piece of the puzzle. Don't forget though that many voters feel the price of gas acutely. I'd hate to have my name on that one if I was a member of the house or senator up for re-election. Yeah, bull**** Republican values will finally have to align with reality. There isn't anything conservative about today's Republican party. It's time you realized that we elect people to office at the national level to make hard choices. Oh so the Obama administration is going to trim the UAW? I'm starting to laugh. Sort of. The Treasury is going to provide the debtor in possesion financing GM needs to file for bankruptcy. That won't eliminate the UAW but the exsting contracts will be null and void. That is going to have to happen. I feel sorry for those affected but economic reality can't be avoided forever. The same is true with GM's retiree benefit program. It'll just be gone as far as GM is concerned. Still laughing? No. I'm not a GM worker. I've supported the greedy beast as an employee of a couple suppliers. What is actually going to happen is that Cerberus is going to end up with GMAC, GM and Chrysler are going to become one company and you and I are either going to provide loan gaurantees or loans to make that happen through the auspices of a shrink wrapped bankruptcy filing. Remember you heard it here first. LOL You may be right. Too big to fail. Where have I heard that? And to throw you a bone, when Republicans try to play as Democrats they are going to loose every time. What we are facing isn't going to involve a partisan solution. Anyone from either party that plays things that way will end up out of office in short order. Should the Toyota Republicans not get with the program, their constituents will toss them out on their ass so fast they won't know what happened. That's my feeling anyway. Everyone is well and truly tired of this crappy approach to governing. The 'Toyota' legislators are not going to vote against their constituants interests. Most of them are in the south where wages are not as high as many blue states. Not a lot of love for the UAW down there. Don't pull the plug on them when they do so or we will continue to have what we do and don't put them in office unless you are willing to trust them with that responsibility.. They aren't any better than their constituents which is why George W. Bush is such an embarassment. You'll know things are on the right track when you write your Congressman to say that their vote cost you something, but thanks, the good of the country was well served, let's not have this happen again. I've written my Dems a few times. They are very good at phrasing bend over in a reply. Why would you take that sitting down? Keep writing and here's a tip. Hand write your letters. You would be surprised at the result. I have Levin, Carl Levin. There isn't a chance I could send him a message he would take notice of unless it was flying fast, made of dense material with a good cD and aimed at his head. The only good Dem, John Dingle got forced out of his chairmanship on his energy committee. Would you say that gas at 4 dollars really isn't a budget killer? You are speaking from the perspective of someone that doesn't think 30K is a good wage in these times. (I think 30K would suck, I love my job, I love my job...) I think your perspective is out of line with the main stream. Well, I'm getting thirty one miles to the gallon on the freeway Wes so you are probably right. I think everyone ought to get at least that. You get that with a vette? Sweet! Obama hasn't done anything. He can't. He sticks to 'one President at at a time'. If I was him, I'd use that tactic. I *hope* GWB and Obama are talking though. I'd be surprised if there weren't cooperation but only to a point. Bush IS still our President and that has to be respected. Obama turning into mister big britches wouldn't go over well at all and I think he's conducting himself well enough. I think Obama is playing it well. I don't lean his way but he seems to be doing the political thing with a lot of good judgement giving what he has to balance. I bet Obama stays in Afganistan. I'm a strong believer in self defense be it at a national or personal level. I think we get rolled on defending the world. We'll stay for a while and grow our force there. I don't see how the result can be especially good but I don't think Obama will continue to push a bad hand beyond reason. We'll see. I'll stand back and watch. Dropping rummy and the surge worked in Iraq. Considering how Nato has supported us, I'm ready to call the troops back from all of Europe. I'd do the opposite. We need to get them commited to the fight. Someone will need to define just exactly what the fight is first but the world is pretty turned off to Bush right now. Hopefully, the incoming administration will be able to take advantage of whatever good will the change in leaders generates. From all appearances, that could be considerable. I really don't think the EU has the back bone. Great Britain excepted. I'd love to sit in when Hillary lays down the law. I also don't believe in good will. You know we don't have friends, we have nations with compatible interests. You have a good night. Never thought of a Vette as an encono car I could see my self driving one of those! Wes |
#22
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#OT# More BS on oil supplies
"John R. Carroll" wrote in message ... "Ed Huntress" wrote in message ... "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw Another market that has crashed Ed. Well, lobsters are down something like 40%, but I haven't priced crabs. Those darned things cost three times as much as good steak. -- Ed Huntress |
#23
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) But how do they taste? Like chicken. If you go upstream near the reactor, you can get them pre-cooked. -- Ed Huntress |
#24
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#OT# More BS on oil supplies
"John R. Carroll" wrote in message ... wrote in message ... On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll" wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. Not over the road. That's the only applicatoin where they make sense. They were actually pretty good ( about equally efficient) and I've got to believe with the advances in techno;ogy over the last thirty years someone could come up with something spiffy. JC With turbines, it's all about operating temperature. No ceramic turbines yet; I predicted them 25 years ago after researching and writing about new ceramic technologies, but fortunately I didn't put any money on it. As a Pratt & Whitney Aircraft engineer once said to me, "son, there are engineers here who would sell their mothers for another 200 degrees." d8-) The peak combustion temperature in a piston engine is almost twice as high (Kelvin) as the peak temperature in a gas turbine. That's why turbines are limited in efficiency. The stationary applications getting those huge efficiency numbers (61% is now the record, with a new GE turbine set) are actually from combined-cycle turbines that run a steam turbine with the waste heat. -- Ed Huntress |
#25
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Ed Huntress" wrote in message ... "John R. Carroll" wrote in message ... wrote in message ... On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll" wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. Not over the road. That's the only applicatoin where they make sense. They were actually pretty good ( about equally efficient) and I've got to believe with the advances in techno;ogy over the last thirty years someone could come up with something spiffy. JC With turbines, it's all about operating temperature. No ceramic turbines yet; I predicted them 25 years ago after researching and writing about new ceramic technologies, but fortunately I didn't put any money on it. As a Pratt & Whitney Aircraft engineer once said to me, "son, there are engineers here who would sell their mothers for another 200 degrees." d8-) They should have been paying better attention then Ed. I did the first ceramic stators for the F-22 in 1998/99. Honeywell, and they are still a customer, has had them in production in Mesa Arizona for several years now. What you don't want to ask is the price but the latest production versions of the plane have about 40 percent more thrust. I think if you can find an on lone history somewhere you'll see the jump in the spec. for the system. LOL See me later, I really have to boogie. JC |
#26
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"John R. Carroll" wrote in message ... "Ed Huntress" wrote in message ... "John R. Carroll" wrote in message ... wrote in message ... On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll" wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. Not over the road. That's the only applicatoin where they make sense. They were actually pretty good ( about equally efficient) and I've got to believe with the advances in techno;ogy over the last thirty years someone could come up with something spiffy. JC With turbines, it's all about operating temperature. No ceramic turbines yet; I predicted them 25 years ago after researching and writing about new ceramic technologies, but fortunately I didn't put any money on it. As a Pratt & Whitney Aircraft engineer once said to me, "son, there are engineers here who would sell their mothers for another 200 degrees." d8-) They should have been paying better attention then Ed. I did the first ceramic stators for the F-22 in 1998/99. Honeywell, and they are still a customer, has had them in production in Mesa Arizona for several years now. I should have pointed out I was talking about automotive turbines, and rotors are the hard part because there's no practical way to cool them in very small turbines. The P&W reference was an aside about operating temperature of gas turbines in general. The hope for automobile/truck turbines was for Norton's polymer-mixed injection-molding method for silicon nitride. They could make them fairly cheap, and they did have some good prototypes they made for the driven turbines in turbochargers. But there was enough diamond grinding involved to bring them to finished dimensions that they never got the car makers interested. The aircraft turbine people showed some interest but it never caught on, for reasons I never tracked down. What you don't want to ask is the price but the latest production versions of the plane have about 40 percent more thrust. I think if you can find an on lone history somewhere you'll see the jump in the spec. for the system. LOL See me later, I really have to boogie. OK. -- Ed Huntress |
#27
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 15:37:28 -0500, the infamous "Ed Huntress"
scrawled the following: "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) You're kidding, right? There have been no radioactive releases from there, have there? I lived next door to (15 crow-miles) and swam downstream of the San Onofre nuke plant for 34 years and never knew it was there other than the occasional test of the warning horns. Those were highly publicized prior to testing so nobody got hurt or panicked. http://tinyurl.com/mhs6k -- We should take care not to make the intellect our god; it has, of course, powerful muscles, but no personality. -- Albert Einstein |
#28
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 16:35:07 -0500, "Ed Huntress"
wrote: snip If you get specific, we can follow the money around the track for an example or two. Then the question boils down to this: Do you want that money to stay here, where it swaps hands among Americans (efficiently or not; it doesn't matter much), or do you want it going to Saudi Arabia? snip It all depends if you regard yourself as an American citizen or a "Citizen of the world." Far too many of out governmental officials (e.g. "trade representatives") and CEOs are now "Citizens of the world" even though their salaries and pensions are paid by the US taxpayers and nominally American corporations. |
#29
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Larry Jaques" wrote in message ... On Mon, 29 Dec 2008 15:37:28 -0500, the infamous "Ed Huntress" scrawled the following: "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) You're kidding, right? There have been no radioactive releases from there, have there? I'm kidding, right. But not about the size of the crabs. They'd make a good nightmare. Did you ever see the movie "The Loved One," where Mr. Joyboy tells about his bad dream, in which the lobsters are tearing apart Mom's flesh? (Mom weighed 400+ pounds.) I think these are the critters. I lived next door to (15 crow-miles) and swam downstream of the San Onofre nuke plant for 34 years and never knew it was there other than the occasional test of the warning horns. Those were highly publicized prior to testing so nobody got hurt or panicked. Hmmm. This explains a few things. d8-) http://tinyurl.com/mhs6k -- Ed Huntress |
#30
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 19:43:47 -0500, the infamous "Ed Huntress"
scrawled the following: "Larry Jaques" wrote in message .. . On Mon, 29 Dec 2008 15:37:28 -0500, the infamous "Ed Huntress" scrawled the following: "Wes" wrote in message ... snip I've said before and I'll say it again. Put a nuke plant next door and give me reasonably priced power and I'm all for it. Beats having a chemical plant next door. Wes Nukes are underappreciated. The cooling water stream from our Oyster Creek plant grows the biggest crabs you ever saw -- they're as big as roosters. And that green glow makes them easier to catch at night. All you have to do is get past the extra claw or two and the third eye sticking out the top of their head. d8-) You're kidding, right? There have been no radioactive releases from there, have there? I'm kidding, right. But not about the size of the crabs. They'd make a good nightmare. Did you ever see the movie "The Loved One," where Mr. Joyboy tells about his bad dream, in which the lobsters are tearing apart Mom's flesh? (Mom weighed 400+ pounds.) I think these are the critters. Warmer waters breeds larger wildlife, but that's not always a bad thing. I wouldn't mind getting a kilo of meat off _each_ crab leg. I lived next door to (15 crow-miles) and swam downstream of the San Onofre nuke plant for 34 years and never knew it was there other than the occasional test of the warning horns. Those were highly publicized prior to testing so nobody got hurt or panicked. Hmmm. This explains a few things. d8-) Turd. -- We should take care not to make the intellect our god; it has, of course, powerful muscles, but no personality. -- Albert Einstein |
#31
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#OT# More BS on oil supplies
On Mon, 29 Dec 2008 13:20:36 -0800, "John R. Carroll"
wrote: wrote in message .. . On Mon, 29 Dec 2008 12:52:07 -0800, "John R. Carroll" wrote: NG isn't going to happen? Why? It isn't any better than diesel. The hot ticket for long haul big rigs is gas turbines. Ford or GM came out with one years back but it was expensive up front and people were leary of technology more so than today. The damned things burn about anything. Only problem is, like jets, there thermal efficiency is DISMALL. Not over the road. That's the only applicatoin where they make sense. They were actually pretty good ( about equally efficient) and I've got to believe with the advances in techno;ogy over the last thirty years someone could come up with something spiffy. JC JC The magnificent 'Big Red' Ford's US experimental 600hp gas turbine truck did a couple of coast-to-coast promotional trips in the early sixties. And what a beast...it managed the trip at an average 40mph delivering a eye-watering 2.9mpg. Well fuel was cheap then. In the mid-nineties Volvo unveiled its Experimental Concept Truck which had a constant speed gas turbine engine powering an electric generator and traction motor. Thus the GT's greatest positive attribute---i.e.best efficiency at a constant speed and load---were fully utilised. Now Turbine Truck Engines of Florida is sucking up R&D dollars on development of their "detonation cycle" gas turbine with regenerators (heat exchangers to preheat the intake air and reclaim some exhaust heat) that they claim will increase fficiency by 30% or something like that.. I'll believe it when I see it. Currently the best technology out there for over-the-road transport is propane augmented common rail turbo-diesel.. Not aware of any manufacturer using even that technology on a large scale. |
#32
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#OT# More BS on oil supplies
"Ed Huntress" wrote:
"Wes" wrote in message ... "Ed Huntress" wrote: Having seen how excess social security funds have been 'invested' do you really trust government to do the right thing? Disregarding the fact that social security "surplusses" are actually a net loss after corporate tax deductions for payroll taxes, how would you have wanted them to be "invested"? Think about where you'd put the money. In Treasury bonds? So that we owe the money to ourselves, and gain interest -- but with the other hand we're...paying the interest? g I know where you are going. The sum of money in social security is so large that the government would end up having an interest in about every publicly traded firm and also other countries treasury bills and stock. That could prove unacceptable to many people. These things get simplified in the popular explanations so that people can relate to them as if they're like a family budget. But they're not. I know that. I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Your feelings are interesting, but feelings don't solve problems. Setting good policy can help solve problems. So you are saying if keeping gas at 4 dollars proves good policy, government will willingly give up the additional revenue when the price of oil rises? Since I'm predicting the future, 'feelings' or 'gut check' matter. Previous response applies. If you get specific, we can follow the money around the track for an example or two. Then the question boils down to this: Do you want that money to stay here, where it swaps hands among Americans (efficiently or not; it doesn't matter much), or do you want it going to Saudi Arabia? Well when we are getting it cheap, I'd rather drain theirs. Our exploitable physical resources are a huge part of the wealth of this country. It's our choice. My bet is that we'll continue to send it to Saudi Arabia, because the benefits of taxing gasoline are a little too hard for the average voter to follow. All they know is they don't like taxes -- or much else, for that matter. About half the people don't mind taxes at all since they really don't pay them. That is a dangerous point to be at. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. The serious gas tax plans include a credit, usually based on income. That covers lower-income people financially while still leaving in place their incentive to use less gas. Got to maintain that 50% of Americans that don't pay taxes. So you belive tax policy should be a tool of social engineering? All tax policy is a tool of social engineering, and always has been. It's just a question of whether you want to do the engineering, or to let Exxon and Iran do the engineering by default. I'm a fan of less engineering. The power to tax is the power destroy. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. That doesn't create a market. That just distorts a market. People will still want bigger cars and the car makers will do everything they can to encourage them to buy them, just like they did with the original CAFE standards. The car makers paid a penalty if they made too many low-mileage cars but it was still more profitable for them to make the cars and pass the penalty on to the customer. If you have 4 or 5 kids, something that tax policy seems to encourage, they are not going to fit in a sub compact. Well, then, put them in a horse-drawn wagon. g Too bad. They should have smaller kids... Let them eat cake? People that are not schooled in physics seem to get that more mass vs less mass means you have a better chance of surviving a head on. So you want to force those that are not as well off into cars they will die in when the rich roll over them? Yup. Get rid of the riff-raff. g Get rid of 75% of the 3-ton SUVs, and we'll all be a lot safer. Tax the hell out of them and you'll get the numbers down. The rich or upper middle class will still have their SUV's. The well off get to be flattened. Btw, the less well off will be running tin cans that have been lightened up to achieve higher cafe numbers so more of the SUV's can be sold. That is a distortion. And then the small cars they make are junk, because they're just trying to squeeze a distorted market and they're building the cars to meet the standard. That's why their small cars are mostly junk now. When they sell a good one, it's usually because they build it overseas and imported it. My 2001 Saturn is an excellent car. 161,000 miles and counting. That doesn't make it an excellent car. I have an axe that I use regularly. It's almost 90 years old and it still has the original head. g It's a long-lived axe but I wouldn't call it excellent. Excellent is subjective. It was reasonably inexpensive. Seldom let me down and gets me to work and somehow hasn't rusted out on my Northern Michigan roads. If you want to try an excellent car of about the size of your Saturn, take a test drive in a 3-Series BMW. As I told a couple of GM engineers one year at IMTS (admittedly, it was a long time ago), if that doesn't make you want to come home and kick in the doors of your Chevy ****box (or Saturn), you're not a car guy. I'm sure it is a fun car. Of course the entry price and price of repair parts might be a bit more than I want to pay for transportation. The engineers were not amused, BTW, but they didn't have a rejoinder, because neither of them had ever been inside of a BMW. That didn't stop them from bad-mouthing the "yuppies" who bought them. I would hope these engineers designing cars had experience in all the competitors product. One the joys of flying somewhere on business was getting to try out a new car (rental) at my employers expense. Not a great winter car since Governor Grandholm is balancing the budget by not plowing roads. Of course that means many of us living where I do are looking at suv's again since we need to get to work to keep that job. It's a funny thing, but we got along fine without SUVs for around 70 years, so I'm not impressed with their attitude. The best snow car I ever had was a '64 VW bug with studded tires, which carried me to the ski slopes for years, when everyone else was stopped dead. It got 36 mpg on the highway. Well if I was driving my 68 Plymouth with limited slip, I could blaze my own trial but that cars days are over. Studded tires are illegal here btw. I'd buy and mount them in a heart beat if legal. Yes, the Beetle was a good snow car. And if the heating system still worked, warmed up pretty quick. This is not maliciousness, greed, or collusion on their part. They're just following the market incentives as we've set them up, trying to keep their heads above water. CAFE standards are better than nothing but they create some perverse incentives that work against us in the long run. If you want a straightforward, clean incentive that pushes in the right direction, a gasoline tax is the best one anyone has come up with. That only affects the lower level classes. If I made 300K a year, I'd drive anything I liked. It is not clean in any way. What are you, a communist? d8-) The object is to make the economy work for all of us, or for as many as possible. I'm not impressed with low-income people who tell me they're deprived because they can't fuel their SUVs. I'm showing that Libertarian side again. Actually minivans are pretty good idea for large families. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? Don't outlaw it. Just make it expensive to make choices that hurt the whole country. There's an external cost when thousands of people buy Hummers, and the external cost is higher gas prices for everyone. The hummer drivers are unable to give these things away. At least there were not able to a few months ago. I notice a lot on the road now. I don't know the typical price of a Hummer but I have a feeling if that didn't scare off the buyer, the gas tax won't either. Based on your logic all private jets should be outlawed too. More efficient to fly commercial. Nowhere in anything I've said have you heard me suggest "outlawing" anything. You're making that up in your head. Taxing to death is close to outlawing and it takes a legislation to create a tax. [snip] As we can see already from the truck/car sales ratio (that 45% was for July, BTW; the 49% was for November. I forgot to mention that), a great many people don't. They just blame it all on market manipulation and think it's the government's job to ferret out the evildoers and to get prices down again. What they don't recognize is that they're the ones regulating the market. Good Dems. I don't think political affiliations have anything to do with how much people bitch about what the government is doing wrong. The ones who think they know how to do better tend to be the ones who never graduated from high school. They have all the answers. Well, those that went to elite schools have been running this country for years. Look where we are now. We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. It will be a shot of heroin -- it can put a lid on the pain, but it doesn't help anything in the long run. But timing is important. If you raise taxes quickly now, you'll stall any recovery. It has to be phased in, perhaps adjusted to the state of the GDP. Are you supporting the "Laufer Curve"? Seems like one side likes low taxes and another thinks high taxes will maximize revenue. The Laffer Curve is a much-abused device that Laffer himself calls a "pedagogical device" for use in the econ classes he teaches. Of course it's valid -- the idea has been around since the 13th century. It's just that nobody knows where the intersection point of those two curves lies. The most expert analysis says it's at a total tax rate of 65%. I suspect that's in the right neighborhood. I'm wiping my coffee off the screen atm. God only asked for 10%. Btw, the Treasury will always accept donations if you feel you are not paying enough. Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Well, if we could count on everyone to use good sense like that, there would be no need for any regulation and we'd be making smart choices without the coercion of gasoline taxes. But we can't, because people don't, and we therefore do. d8-) Well, a lot of people use good sense. Usually the lower on the scale of earnings the better sense they display. Nonsense. Their lack of sense is how they got on the bottom of the scale in the first place. What? I think we better look at those that thought their house was a piggy bank. The people I know that are standing on their hind legs and providing for themself just want to pay the thing out. Credit Default Swap isn't something us blue and grey collar types were responsible for. Y The ones thinking they are living large will shrug off gas taxes as they live outside their means. If they have enough money, they *can* shrug off gas taxes. So we are back to the war on the middle class. I'm not a fan of social engineering. Social engineering is government working backwards. Everything that government does is social engineering, especially taxation. And big companies that have real market power do the rest of the social engineering for us. Government engineers by force. Companies have to sell you a product. Big difference. Happy New Year btw, Wes |
#33
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Wes" wrote in message ... "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: Having seen how excess social security funds have been 'invested' do you really trust government to do the right thing? Disregarding the fact that social security "surplusses" are actually a net loss after corporate tax deductions for payroll taxes, how would you have wanted them to be "invested"? Think about where you'd put the money. In Treasury bonds? So that we owe the money to ourselves, and gain interest -- but with the other hand we're...paying the interest? g I know where you are going. The sum of money in social security is so large that the government would end up having an interest in about every publicly traded firm and also other countries treasury bills and stock. That could prove unacceptable to many people. There are only so many things a government can invest in, as a passive investor. So they spend it on the "investments" that improve infrastructure, or education, basic science, etc. There are no "trust funds," as you're doubtless aware. These things get simplified in the popular explanations so that people can relate to them as if they're like a family budget. But they're not. I know that. I have a feeling government will just get addicted to it and squander it. Then when oil prices rise they will want to keep the revenue. Your feelings are interesting, but feelings don't solve problems. Setting good policy can help solve problems. So you are saying if keeping gas at 4 dollars proves good policy, government will willingly give up the additional revenue when the price of oil rises? Since I'm predicting the future, 'feelings' or 'gut check' matter. If we had a good policy, the tax would slide a bit with market prices -- but only a bit, because, if you just taxed the difference between market price and some target figure, the suppliers would have no incentive to keep their prices down. You actually would have a counterproductive incentive if you did it that way. Most of the policy ideas for a gas tax set a floor price, and then have a declining tax rate as market prices rise. But the declining rate is only partial; higher market prices must result in higher prices at the pump. You can't just flatten the pump price. Previous response applies. If you get specific, we can follow the money around the track for an example or two. Then the question boils down to this: Do you want that money to stay here, where it swaps hands among Americans (efficiently or not; it doesn't matter much), or do you want it going to Saudi Arabia? Well when we are getting it cheap, I'd rather drain theirs. The more we tax it, the more it drains theirs. They need an income and lower prices means they have to pump more oil. At least, many of them do, including Venezuela. But the object is to reduce our dependency. With cheap prices, you just perpetuate it, no matter where the oil comes from. Our exploitable physical resources are a huge part of the wealth of this country. Sure. But you won't have much left for very long if you don't shift the price to encourage less use of oil, and more use of alternatives. It's our choice. My bet is that we'll continue to send it to Saudi Arabia, because the benefits of taxing gasoline are a little too hard for the average voter to follow. All they know is they don't like taxes -- or much else, for that matter. About half the people don't mind taxes at all since they really don't pay them. That is a dangerous point to be at. That doesn't stop tax increases from being the third rail of politics. Advocating a tax increase has killed many political careers. Next, a gas tax is regressive. Something I keep being told is bad. If I make 500K a year, gas isn't a problem. If I was working at walmart or some other low wage job out in flyover country where the comute tends to be over many miles it would be a big bite out of the budget. The serious gas tax plans include a credit, usually based on income. That covers lower-income people financially while still leaving in place their incentive to use less gas. Got to maintain that 50% of Americans that don't pay taxes. Nonsense! Practically everyone pays taxes -- sales taxes, payroll taxes, gas taxes...and property taxes, either directly or, if they rent, indirectly. So you belive tax policy should be a tool of social engineering? All tax policy is a tool of social engineering, and always has been. It's just a question of whether you want to do the engineering, or to let Exxon and Iran do the engineering by default. I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. What's the problem with getting involved in your politics and making things happen the way you think they should? That's the way this government was designed to work. If you don't, it doesn't work. And if you don't get involved, you have no room to complain. Put a $4 floor on prices, using an adjustable tax (phased in over, say, two years), and it will keep a lid on demand that will force the oil producers to play at a much lower different supply/demand equilibrium; keep more of the money in the US; shift the market so that US car builders have a market for fuel-efficient cars; create a market for alternative energy; etc. US car builders don't need a market. The dems have increased CAFE standards and I suspect the standards are going be tweeked upwards very soon. The market will exist by legislation. That doesn't create a market. That just distorts a market. People will still want bigger cars and the car makers will do everything they can to encourage them to buy them, just like they did with the original CAFE standards. The car makers paid a penalty if they made too many low-mileage cars but it was still more profitable for them to make the cars and pass the penalty on to the customer. If you have 4 or 5 kids, something that tax policy seems to encourage, they are not going to fit in a sub compact. Well, then, put them in a horse-drawn wagon. g Too bad. They should have smaller kids... Let them eat cake? Let them drive something that makes sense. They're already getting tax deductions for their rug rats, fer chrissake. d8-) If you're going to have multiple kids and you want to drive a big car, you'd better make a big income. If you don't make a big income, then either don't have all those kids, or don't expect to be able to drive a car that you might have if you were loaded. I have a hard time following you here, Wes. On one hand, you sound like a libertarian, on the other, like an egalitarian. Big cars and big SUVs are for people with lots of money. If you don't have lots of money, then don't expect to live like you *do* have lots of money. I don't, but I have no problem with people who have lots of money buying what they want. If it hurts me -- and sucking up gas at 12 mpg hurts me because they're driving up demand for oil -- then those people should pay for that external cost they're imposing on the rest of us. Tax 'em. If they buy a big house, it's no skin off my nose. So tax rates on real estate values should actually decline somewhat as prices go up. They may be soaking up slightly more services than I am (it requires more fire engines to put out their house fires g), but not a straight multiple of their house value. People that are not schooled in physics seem to get that more mass vs less mass means you have a better chance of surviving a head on. So you want to force those that are not as well off into cars they will die in when the rich roll over them? Yup. Get rid of the riff-raff. g Get rid of 75% of the 3-ton SUVs, and we'll all be a lot safer. Tax the hell out of them and you'll get the numbers down. The rich or upper middle class will still have their SUV's. The well off get to be flattened. I assume you mean that the *less* well-off get to be flattened. g You bought that argument from GM and Ford really well. They LOVE that argument. They don't want you to think about the fact that they could build safer small cars, or that we could simply reduce the number of multi-ton barges on our roads and increase our statistical chances of remaining intact by a large margin. Btw, the less well off will be running tin cans that have been lightened up to achieve higher cafe numbers so more of the SUV's can be sold. That is a distortion. CAFE is a distortion that produces several unhappy incentives. Taxing fuel is a lot better. And then the small cars they make are junk, because they're just trying to squeeze a distorted market and they're building the cars to meet the standard. That's why their small cars are mostly junk now. When they sell a good one, it's usually because they build it overseas and imported it. My 2001 Saturn is an excellent car. 161,000 miles and counting. That doesn't make it an excellent car. I have an axe that I use regularly. It's almost 90 years old and it still has the original head. g It's a long-lived axe but I wouldn't call it excellent. Excellent is subjective. It was reasonably inexpensive. Seldom let me down and gets me to work and somehow hasn't rusted out on my Northern Michigan roads. If you want to try an excellent car of about the size of your Saturn, take a test drive in a 3-Series BMW. As I told a couple of GM engineers one year at IMTS (admittedly, it was a long time ago), if that doesn't make you want to come home and kick in the doors of your Chevy ****box (or Saturn), you're not a car guy. I'm sure it is a fun car. Of course the entry price and price of repair parts might be a bit more than I want to pay for transportation. Sure. You pay more for excellent cars. I wouldn't buy one, but I'm a card-carrying cheapskate. The engineers were not amused, BTW, but they didn't have a rejoinder, because neither of them had ever been inside of a BMW. That didn't stop them from bad-mouthing the "yuppies" who bought them. I would hope these engineers designing cars had experience in all the competitors product. One the joys of flying somewhere on business was getting to try out a new car (rental) at my employers expense. I agree. But they did not. I happened to sit with these guys in a lunch cafeteria at IMTS, and I was appalled at what I heard. They didn't know much of anything about their competition, and they didn't care. They were good and ****ed off by the time I left and they were glad to see me go. d8-) In my travels and coverage of the car manufacturing industry I've heard that refrain more than once. Not a great winter car since Governor Grandholm is balancing the budget by not plowing roads. Of course that means many of us living where I do are looking at suv's again since we need to get to work to keep that job. It's a funny thing, but we got along fine without SUVs for around 70 years, so I'm not impressed with their attitude. The best snow car I ever had was a '64 VW bug with studded tires, which carried me to the ski slopes for years, when everyone else was stopped dead. It got 36 mpg on the highway. Well if I was driving my 68 Plymouth with limited slip, I could blaze my own trial but that cars days are over. Studded tires are illegal here btw. I'd buy and mount them in a heart beat if legal. Yes, the Beetle was a good snow car. And if the heating system still worked, warmed up pretty quick. The trick was to get one or two of those J.C. Whitney fans that you stuck under the back seat, which drew air through the heater jackets on the exhaust pipes and blew it into the car's windshield heaters and floor vents. They were $15 each and they made all the difference. They sold a lot of them in Michigan. This is not maliciousness, greed, or collusion on their part. They're just following the market incentives as we've set them up, trying to keep their heads above water. CAFE standards are better than nothing but they create some perverse incentives that work against us in the long run. If you want a straightforward, clean incentive that pushes in the right direction, a gasoline tax is the best one anyone has come up with. That only affects the lower level classes. If I made 300K a year, I'd drive anything I liked. It is not clean in any way. What are you, a communist? d8-) The object is to make the economy work for all of us, or for as many as possible. I'm not impressed with low-income people who tell me they're deprived because they can't fuel their SUVs. I'm showing that Libertarian side again. Actually minivans are pretty good idea for large families. Sure. I had one for 15 years. I sometimes wish I had it back. Other than that, there will be lots for short-sighted people to bitch about. And they will. There's little chance any of this can happen in the US. Most likely we'll just go through the same old cycle again, in which we buy bigger cars and trucks when prices are low, then prices go up and we all bitch, and US car builders tank again. Then we'll find other people to blame for something we did to ourselves. Well foolish people will buy bigger cars. Should we out law freedom of choice? Don't outlaw it. Just make it expensive to make choices that hurt the whole country. There's an external cost when thousands of people buy Hummers, and the external cost is higher gas prices for everyone. The hummer drivers are unable to give these things away. At least there were not able to a few months ago. I notice a lot on the road now. I don't know the typical price of a Hummer but I have a feeling if that didn't scare off the buyer, the gas tax won't either. Based on your logic all private jets should be outlawed too. More efficient to fly commercial. Nowhere in anything I've said have you heard me suggest "outlawing" anything. You're making that up in your head. Taxing to death is close to outlawing and it takes a legislation to create a tax. Well, then, don't tax it to death. Just tax it into a deep coma. g [snip] As we can see already from the truck/car sales ratio (that 45% was for July, BTW; the 49% was for November. I forgot to mention that), a great many people don't. They just blame it all on market manipulation and think it's the government's job to ferret out the evildoers and to get prices down again. What they don't recognize is that they're the ones regulating the market. Good Dems. I don't think political affiliations have anything to do with how much people bitch about what the government is doing wrong. The ones who think they know how to do better tend to be the ones who never graduated from high school. They have all the answers. Well, those that went to elite schools have been running this country for years. Look where we are now. Hmm. How about, the most powerful country in the world, with one of the strongest economies? We doom ourselves to this cycle. The market is just behaving like markets do, despite the mostly futile efforts of OPEC to control prices. They almost never succeed at that and they're failing big-time right now. But the market will do it for them, once economies bottom out of this slump. Likely so but low energy cost may be one of those things that help us get out of this slump. You seem to be advocating digging a deeper hole to climb out of at this time. It will be a shot of heroin -- it can put a lid on the pain, but it doesn't help anything in the long run. But timing is important. If you raise taxes quickly now, you'll stall any recovery. It has to be phased in, perhaps adjusted to the state of the GDP. Are you supporting the "Laufer Curve"? Seems like one side likes low taxes and another thinks high taxes will maximize revenue. The Laffer Curve is a much-abused device that Laffer himself calls a "pedagogical device" for use in the econ classes he teaches. Of course it's valid -- the idea has been around since the 13th century. It's just that nobody knows where the intersection point of those two curves lies. The most expert analysis says it's at a total tax rate of 65%. I suspect that's in the right neighborhood. I'm wiping my coffee off the screen atm. God only asked for 10%. God didn't offer us aircraft carriers, MRIs, air traffic controllers, or the Internet. He didn't do medical research or transportation research; nor did he run a police force or fire department. Btw, the Treasury will always accept donations if you feel you are not paying enough. Sure. And you can write it off on your taxes. d8-) Right now I'm driving the same, putting a extra 200 bucks a month aside for when the economy goes over the edge. Hope it doesn't happen. Well, if we could count on everyone to use good sense like that, there would be no need for any regulation and we'd be making smart choices without the coercion of gasoline taxes. But we can't, because people don't, and we therefore do. d8-) Well, a lot of people use good sense. Usually the lower on the scale of earnings the better sense they display. Nonsense. Their lack of sense is how they got on the bottom of the scale in the first place. What? I think we better look at those that thought their house was a piggy bank. The people I know that are standing on their hind legs and providing for themself just want to pay the thing out. The people who are standing on everyone else's legs own three or four houses free and clear. d8-) Credit Default Swap isn't something us blue and grey collar types were responsible for. Of course not. Most of them wouldn't know how if they wanted to. I don't see much evidence of good sense from people at the bottom of the economic scale, Wes. Mostly what I see is people playing by other people's rules, which is why they're at the bottom of the economic scale. The ones thinking they are living large will shrug off gas taxes as they live outside their means. If they have enough money, they *can* shrug off gas taxes. So we are back to the war on the middle class. We are back at the fact that if you want play like you have money, then you'd better have money. If you clerk at a grocery store or work in a tool crib, don't expect anyone to feel sympathy if you can't afford enough gas for your Ford Expedition. I'm not a fan of social engineering. Social engineering is government working backwards. Everything that government does is social engineering, especially taxation. And big companies that have real market power do the rest of the social engineering for us. Government engineers by force. Companies have to sell you a product. Big difference. You can always decide not to use gasoline or buy food in a supermarket. You can hide in a bunker if you want to. Otherwise, you can hardly turn around and spit without being under the thumb of big corporations everywhere. Happy New Year btw, You too, Wes. I've started early. d8-) -- Ed Huntress |
#34
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#OT# More BS on oil supplies
In article ,
"Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn |
#35
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. -- Ed Huntress |
#36
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
In article ,
"Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. Ed, you asked where the "silly aphorism" came from. Now you know. Joe Gwinn |
#37
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. Ed, you asked where the "silly aphorism" came from. Now you know. Right. Thanks for the silly aphorism reference, Joe. g The funny thing is that I remember McCulloch very well, but not that quote. The case was about federal supremacy -- which was affirmed by Marshall's decision. I think the aphorism has taken on a life of its own, stripped of context, and that people who quote it would be nonplussed to learn what Webster was talking about: the authority of the federal government to set tax and banking policy, over the heads of the states. -- Ed Huntress |
#38
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
In article ,
"Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. Ed, you asked where the "silly aphorism" came from. Now you know. Right. Thanks for the silly aphorism reference, Joe. g The funny thing is that I remember McCulloch very well, but not that quote. The case was about federal supremacy -- which was affirmed by Marshall's decision. I think the aphorism has taken on a life of its own, stripped of context, and that people who quote it would be nonplussed to learn what Webster was talking about: the authority of the federal government to set tax and banking policy, over the heads of the states. I don't know that Webster would agree with you here. I think that while there was a specific case then at hand, the statement was general. It's clearly true. Let's say that by some mistake a SUV-hater is anointed King, and immediately imposes a very large annual tax on SUVs. How long will SUVs survive? Joe Gwinn |
#39
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
"Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. Ed, you asked where the "silly aphorism" came from. Now you know. Right. Thanks for the silly aphorism reference, Joe. g The funny thing is that I remember McCulloch very well, but not that quote. The case was about federal supremacy -- which was affirmed by Marshall's decision. I think the aphorism has taken on a life of its own, stripped of context, and that people who quote it would be nonplussed to learn what Webster was talking about: the authority of the federal government to set tax and banking policy, over the heads of the states. I don't know that Webster would agree with you here. I think that while there was a specific case then at hand, the statement was general. It's clearly true. As Justice Holmes said, "hard cases make bad law." McCulloch was a hard case -- one of the series of cases that attempted to sort out the relations of the states to the federal government, with absolutely no Constitutional guidance to go by. Generalizing the specific arguments used in hard cases leads to absurd conclusions. Of course the power, as Webster said, "an unlimited power to tax involves, necessarily, a power to destroy," is a great power that has to be used judiciously. But Webster argued several cases affirming the federal power over the states. What he was talking about was the danger of destroying federal power by unlimited power of the states to tax. That's the irony here, which is lost on the small-government conservatives, particularly those who rail against the federal government. Let's say that by some mistake a SUV-hater is anointed King, and immediately imposes a very large annual tax on SUVs. How long will SUVs survive? Hopefully, not for long. d8-) There are two ways SUVs can die out. One is by driving us all into penury by driving ever deeper the hook that the Arab states have in our throats. The other is by shifting the supply/demand curve by making them very expensive, hopefully by means of a gas tax that will help us get off our dependency. Which do you prefer? Do you like sending $700 billion/year to Middle Eastern countries that want to destroy us? Is that your idea of the benefit of letting the market determine the outcome? -- Ed Huntress |
#40
Posted to rec.crafts.metalworking
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#OT# More BS on oil supplies
On Thu, 01 Jan 2009 15:03:15 -0500, Joseph Gwinn
wrote: In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Joseph Gwinn" wrote in message ... In article , "Ed Huntress" wrote: "Wes" wrote in message ... "Ed Huntress" wrote: [snip] I'm a fan of less engineering. The power to tax is the power destroy. I don't know where you got that aphorism, but it's a silly one. Of course it can provide the power do destroy. But without it, there would be nothing worth destroying. Daniel Webster and John Marshall. Google is your friend: http://www.bartleby.com/73/1798.html Joe Gwinn Except that's not what Webster was arguing. He was arguing FOR federal taxation power over the *states*, in McCullouch v. Maryland. He wasn't talking about the value of taxation in general. Nor was Marshall, who essentially quoted Webster. The irony here is that the example you're citing is the origin of the jurisprudence concerning the Necessary and Proper clause of the Constitution, which says that the federal government can override any state law that interferes with federal power. As I said, of course it can provide the power to destroy, if that's how it's used. Without it, used properly, there's nothing left to destroy. By taking a quote out of context Wes has flipped its meaning on its back. Ed, you asked where the "silly aphorism" came from. Now you know. Right. Thanks for the silly aphorism reference, Joe. g The funny thing is that I remember McCulloch very well, but not that quote. The case was about federal supremacy -- which was affirmed by Marshall's decision. I think the aphorism has taken on a life of its own, stripped of context, and that people who quote it would be nonplussed to learn what Webster was talking about: the authority of the federal government to set tax and banking policy, over the heads of the states. I don't know that Webster would agree with you here. I think that while there was a specific case then at hand, the statement was general. It's clearly true. Let's say that by some mistake a SUV-hater is anointed King, and immediately imposes a very large annual tax on SUVs. How long will SUVs survive? Joe Gwinn Indeed. the statement is most valid. Ed just doesnt like to think about the implications and tends to try to avoid them. Gunner "Upon Roosevelt's death in 1945, H. L. Mencken predicted in his diary that Roosevelt would be remembered as a great president, "maybe even alongside Washington and Lincoln," opining that Roosevelt "had every quality that morons esteem in their heroes."" |
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