Loren,

WOW, Pretty in depth response!
I will have to sit back and digest it all for a little while :)

Any other thoughts or reply's?

--- In propane_gas_workers_group@yahoogroups.com, ShdwDreamr@...
wrote:
>
> Scott,
>
> The traders, for the most part, are comprised of hedge fund
managers,
> large nations like China, and institutional buyers like our
insurance
> companies. What sees its way to paper is reality on the ground.
Our demand is
> increasing and you are seeing the cusp of the global price war
between our nation
> and the likes of China and India. Until we begin to dig our own
wells and
> cease to lean on the crutch of crude oil refinement, the prices
are going to go
> higher.
>
> Amity Shlaes recently wrote a book called, The Forgotten Man
about the
> encroachment of socialism and how it exacerbated and extended the
Great
> Depression. Milton Friedman also wrote a book in the 1960's
called Capitalism and
> Freedom, which may help you get your head and heart around
today's woes.
>
> Frankly, since before the market hit 14,000 I foresaw this
happening.
> People are living in houses made of cards in a nation built on
debt and IOU's.
> If the socialist medical system introduced by Hillary and her
allies come
> to fruition, it will cost, on their estimation, as much as it
costs to run 6
> of the Federal cabinet-level departments (including Homeland
Security). And
> just as FDR ran the struggling economy into the ground with
increased
> government spending and taxation of income, so we are headed in
the same direction.
>
> It was needful to lower the discount rate, but then our
banking industry
> went to the discount window like a bunch of jonesing crack-whores
and pulled
> out more money. And with this Sub-prime mortgage bail out as
introduced by
> President Bush, it was only inevitable that the interest rates
would be cut.
> Instead of being punished by market forces, we are rewarding the
foolish and
> risky behavior of those who are now losing their homes. Lowering
the rates
> will bump the market a slight bit, but it will come back with
larger negative
> force as false confidence leads people to rack up more debt,
continuing the
> addictive cycle.
>
> There were runs on the bank in Great Britain my friend. We
are one
> incident away from total collapse of the dollar world-wide. This
may be the
> incident:
> _Glenn Beck - The Perfect Day - Part Three - American Truckers at
War_
>
(http://www.d1034169.dotsterhost.com/applications/serendipity/archive
s/697-Glenn-Bec
> k-The-Perfect-Day-Part-Three.html) All I can say is I hope we
all know
> how to subsistence farm and are able to can and preserve like our
grandparents.
> The Boomers think they can just spend and spend and wait for
Uncle Sam to
> bail them out if they get stuck. But reality is going to be the
payback.
>
>
> History is repeating itself in spades. Economically, we are
in the late
> 1920's. On the world stage, we are in the Fall of 1939 with
Iran. And we
> are in the heat of the Cold War again with China, Russia, Cuba,
and Venezuela
> (all who have an hand in world trade and oil supplies). Finally,
here in the
> States, we are in an LSD flashback of the late 1960's and early
1970's,
> thinking we are fighting a war in which we can quickly retreat
and cower and lick
> our wounds, instead of World War III, Act I, Scene I.
>
> Loren
>
>
>
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>