<p>Well, I paid $2.41 for regular, and I’m north of Boston.</p>
<p>My Bad. Typed a 3, not a 2. Nope, wasn’t intentional.</p>
<p>Station around the corner from my house is now $2.23 for reg. unleaded. We may as well enjoy it while we can, because by Christmas, it will most certainly be considerably higher.</p>
<p>One big reason for lower gas prices is Iraq. As the country stabilizes or at least as its oil production companies stabilize there is alot more output than EVER coming out from that country. An increase in supply will always lower prices.</p>
<p>On NPR they just said that every 1 cent reduction in gas prices frees up $1 Billion to spend elsewhere in the economy. Good news for the rest of the economy.</p>
<p>We need that $1B, since we are spending several billion a month in Iraq. I wouldn’t exactly call that good news for the US economy.</p>
<p>Well, the money going to Iraq has not changed that much while this is a net change from the beginning of the year. Not to mention much of the iraq spending comes back to the US through payrolls and suppliers–like everyone’s favorite–Halliburton. If you want to debate the impacts of Iraq there have been plenty of discussions of that for you to add your insights.</p>
<p>“Not to mention much of the iraq spending comes back to the US through payrolls and suppliers–like everyone’s favorite–Halliburton.”</p>
<p>How much I wonder though considering It could have never left our shores…no? And what about the debt taken on to fund it? Are the Chinese going to own us at some point? Will communism win via capitalism?</p>
<p>The Chinese already DO own us.</p>
<p>Wait till they come calling for their debt. Won’t be pretty.</p>
<p>I just heard $1.75 per gallon for 87 octane in Florida by Thanksgiving.</p>
<p>Where’s my SUV??</p>
<p>The Chinese won’t come calling–where else are they going to invest safely?
“When you owe the bank $100,000 they own you, when you owe it $100,000,000 you own them.” The Donald.</p>
<p>You show no grasp of finance.</p>
<p>“You show no grasp of finance.”</p>
<p>Pleease. and you sir have your head in the sand thinking the Chinese are stupid enough to give us money without expectation of repayment in one form or another. Quite typically, you assume anyone who is not the same political party and skincolor as you are country bumpkins. A bank can fail, the taxing authority of the US government is another fish entirely. Do you think we could easily default? I would say it is you that has a basic lack of understanding.</p>
<p>To Quote trump of all things… please. He’s on late night TV pitching a selling and buying “like the Donald” program. please… maybe had you quoted Warrent Buffet, I’d be more inclined to listen. But your example is candy as.</p>
<p>An international trade defecit is a good thing, IT means countries are investing in america. Its essentially when someone puts money in a bank. The bank owes the person money, but the bank still comes out good</p>
<p>We’re not talking about trade here golan, we’re talking about the Chinese buying debt instruments issued by the US government to finance the war. Basically the administration is writing IOU’s to be repaid at a later date by the taxpayers with interest. </p>
<p>It is not the same as banking either. We do not come out “better” in the long term for borrowing the money from China. Sort term, it’s easy to wage a war the population doesn’t have to pay for, long term is another story. </p>
<p>The debt doesn’t bother you because you don’t see it… yet. Think when you use a credit card. At that momment you get what you want, immediate satisfaction. 30 days later you see the bill for the purchase and if you can pay it off in full, no harn done. If you can’t what happens?</p>
<p>What I am saying is China has no interest in a failing US economy. We are their largest trade customer by far. If they get tired of holding US debt they simply have Goldman sell the bonds to other investors. The market for US debt is still very strong worldwide. They are not suddenly going to try and dump billions of bonds on some whim. What is good for the US is good for China. Also back in the late 80’s early 90’s Trump had major problems and a massively negative net worth. He worked out some pretty favorable terms with the banks and now people study how he turned it around. Get smart.</p>
<p>Oh, and that deficit–getting better faster than expected. </p>
<p><a href=“http://www.breitbart.com/news/2006/09/13/D8K44QBG2.html[/url]”>http://www.breitbart.com/news/2006/09/13/D8K44QBG2.html</a></p>