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Author: Subject: Thanks President Obama for lowering gas prices

Peach Master





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  posted on 5/11/2012 at 01:14 PM
The Republicans, especially Newt, were blaming the President for the price of gas going up....so if that's true, shouldn't he be praised for them going down? I'm not hearing anything out of those guys now!

 

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Universal Peach



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  posted on 5/11/2012 at 01:23 PM
If memory serves me, I believe we were told that the President has very little if anything to do with the rise and fall of gas prices.......you can't have it both ways either.....Generally speaking of course....

 

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Zen Peach



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  posted on 5/11/2012 at 01:39 PM
Now if he could just lower those sea levels!
 

A Peach Supreme



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  posted on 5/11/2012 at 02:02 PM
The prez said if we lower demand, prices will come down. He also tells us increasing supply will have no effect. Move over Adam Smith, David Ricardo, J.M. Keynes, and Milton Friedman!!!!! The laws of supply and demand will have to be changed to the laws of demand He sounds so smart to some people even when saying dumb things. That's a gift every politician wishes he had.

 

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Zen Peach



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  posted on 5/11/2012 at 02:25 PM
Methinks Kreedham's point has been lost...

 

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Zen Peach



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  posted on 5/11/2012 at 02:59 PM
Mark is onto something - Obama does nothing to raise the economic expansion over 2.5%thereby lowering demand for oil which lowers prices. Great move!!

 

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True Peach



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  posted on 5/11/2012 at 03:29 PM
Obama had a secret plan to raise prices, but now he's changed his mind.

Flip-flopper!

 

A Peach Supreme



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  posted on 5/11/2012 at 07:07 PM
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.

 

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Peach Head



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  posted on 5/11/2012 at 08:33 PM
http://i1149.photobucket.com/albums/o586/igotnuthin1/obama-transcript.jpg
 

Zen Peach



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  posted on 5/13/2012 at 11:50 AM
quote:
http://i1149.photobucket.com/albums/o586/igotnuthin1/obama-transcript.jpg


Nice!

[Edited on 5/13/2012 by PhotoRon286]

 

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Maximum Peach



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  posted on 5/13/2012 at 12:03 PM
quote:
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.
Yeah, Obama faked and cheated his way through college, and YOU are much more intelligent than he is!. got it.

 

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Zen Peach



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  posted on 5/13/2012 at 01:01 PM
One of the things I've discovered having lived this long is I don't have to know everything....as long as I know the people who do. I have a good understanding of medicine and law but that doesn't mean I'd make a great doctor or lawyer....so I seek out good doctors and lawyers to deal with any issues I may have. Obama doesn't have to know it all....he just has to know how to lead the people who do. Congress aside, I think he's had some significant achievements which lets me know he has good people giving him advice.

 

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Peach Bud



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  posted on 5/13/2012 at 01:33 PM
quote:
quote:
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.
Yeah, Obama faked and cheated his way through college, and YOU are much more intelligent than he is!. got it.


Your statement tells us more about your intelligence level than that of the person whose intelligence you've called into question.

 

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Maximum Peach



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  posted on 5/13/2012 at 01:48 PM
quote:
quote:
quote:
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.
Yeah, Obama faked and cheated his way through college, and YOU are much more intelligent than he is!. got it.


Your statement tells us more about your intelligence level than that of the person whose intelligence you've called into question.
I don't think mensa will be having you as a member anytime soon my comment was strictly tongue in cheek.

 

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Peach Bud



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  posted on 5/13/2012 at 02:14 PM
quote:
quote:
quote:
quote:
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.
Yeah, Obama faked and cheated his way through college, and YOU are much more intelligent than he is!. got it.


Your statement tells us more about your intelligence level than that of the person whose intelligence you've called into question.
I don't think mensa will be having you as a member anytime soon my comment was strictly tongue in cheek.


Lucky for us, Mensa doesn't depend on your thinking to choose whom they invite to join But I do apologize for not picking up on the satire.

 

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Peach Bud



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  posted on 5/13/2012 at 02:15 PM
quote:
One of the things I've discovered having lived this long is I don't have to know everything....as long as I know the people who do. I have a good understanding of medicine and law but that doesn't mean I'd make a great doctor or lawyer....so I seek out good doctors and lawyers to deal with any issues I may have. Obama doesn't have to know it all....he just has to know how to lead the people who do. Congress aside, I think he's had some significant achievements which lets me know he has good people giving him advice.



Yes he's surrounded himself with some humdingers through out the years.

 

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Zen Peach



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  posted on 5/13/2012 at 03:08 PM
quote:
quote:
quote:
quote:
quote:
Methinks Obama's understanding of basic economics is lacking.
Maybe that's why we'll never see his transcripts.
Yeah, Obama faked and cheated his way through college, and YOU are much more intelligent than he is!. got it.


Your statement tells us more about your intelligence level than that of the person whose intelligence you've called into question.
I don't think mensa will be having you as a member anytime soon my comment was strictly tongue in cheek.


Lucky for us, Mensa doesn't depend on your thinking to choose whom they invite to join But I do apologize for not picking up on the satire.


I was invited to join Mensa...I turned it down...the pressure of having to be super smart all the time was just too much. Once in a while I like to try to be just a regular person.

 

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Peach Bud



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  posted on 5/13/2012 at 04:26 PM
The majority of your post do little to substantiate your claim. But that's just a "regular" opinion.



edit: spelling error. You know how it is, being all regular and all.



[Edited on 5/13/2012 by Blackberry]

 

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Zen Peach



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  posted on 5/13/2012 at 04:51 PM
I actually was invited to join Mensa but I made my post in jest.

 

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Universal Peach



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  posted on 5/14/2012 at 09:37 AM
One thing I will give Obama credit for was that he at least mentioned in speeches recently that we need to reform the oil speculator business which is partly to blame for the run up in crude oil prices. His first suggestion being that a relatively few speculators should not be allowed to buy huge amounts of oil futures with very little actual capital, horde these futures indefinitely, and artificially raise the price of crude.

Now I know "regulation" is an evil word to many, but the mere mention of such reform at least opened some people's eyes as to how this industry works and how it directly effects the economy as a whole given how crude oil is such a vital part of our overall economy. This same conversation occurred the last time gasoline hit record highs so it isn't some genius on the part of Obama, but he at least suggested that maybe it's time once again to consider reform. Just saying....

 

True Peach



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  posted on 5/14/2012 at 09:44 AM
I went to a Mensa meeting once. Chess Club with beer!

 

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Maximum Peach



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  posted on 5/16/2012 at 11:22 AM
I am going to give credit to the speculators and Wall Street. It was their fault on the way up, so if that was true....well then.....or nevermind.
 

World Class Peach



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  posted on 5/16/2012 at 12:10 PM
It's gone up almost $.20 the last week here in So Cal. Fortunately, the President has nothing to do with the price of gas. It's all about supply and demand.

 

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Zen Peach



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  posted on 5/16/2012 at 12:11 PM
quote:
I am going to give credit to the speculators and Wall Street. It was their fault on the way up, so if that was true....well then.....or nevermind.


Man, I hate agreeing with Jim.

 

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Universal Peach



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  posted on 5/16/2012 at 01:54 PM
quote:
I am going to give credit to the speculators and Wall Street. It was their fault on the way up, so if that was true....well then.....or nevermind.


Indeed. Jim, since you're a Wall Streeter, what was the reaction from speculators once the president mentioned reforming the oil speculation business?

 
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