Posts by donkey

Ok I guess the campaign ads have NOTHING to do with the election...my bad for thinking that. Oh, wait why are the ads running again? Are they advertsing some new detergent or a toilet duck?

68

Bush Ads & 9-11

by ThiChi in

passing this on, i agree 100%:

can you imagine abraham lincoln running without mentioning his leadership during the civil war?

can you imagine fdr running without mentioning his accomplishments during world war ii?

Nah, I stay out of the political threads but I am sick of reading about this on here. Furthermore, Simon asked that the election stuff be kept to the approriate thread.. and others were locked as a result.

68

Bush Ads & 9-11

by ThiChi in

passing this on, i agree 100%:

can you imagine abraham lincoln running without mentioning his leadership during the civil war?

can you imagine fdr running without mentioning his accomplishments during world war ii?

donkey

I thought there was a separate election thread for this type of shit.

47

The Slippery Slope

by donkey in

this is not an issue related directly to this board, but it is an issue related to every one of us here.

it seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis.

to put it simply we are running out of oil.

donkey

It's not to say they don't get my attention it's just what can I do about it beyond what I'm already doing?

You can take advantage of it and use it to your benefit. I am not a gloom and doomer...I am a businessman who exploits these issues. I resent being referred to in the manner of a gloom and doomer - I am hedged and ready to make a lot of money no matter what happens. I shared this outlook (which by the way is not being supported by any politicians or oil companies) as an opportunity for the board.

7

INSIDER TRADING.....

by Mary in

jw
friends

ok, we all know that martha stewart was found guilty on all charges the other day.

while i'm no fan of hers, i think the millions it's cost u.s. taxpayers to prosecute her is totally out of relation to the offense.

no one lost their job, pension or life savings because of what she did.

donkey

The company Martha Stewart Liviing (MSO is the ticker symbol) is publicly traded on the NYSE. I think the company can be saved based on the following analysis i came up with:

Market Cap (the total number of shares multiplied by the current market price): 539 million
Total Shares Outstanding: 49.63 million shares
Total Float (Shares that are available for trading on the stock exchange): 5.40 million shares
Stock Price: $10.80
Market Price of Float: $58.6 million
MSO has Total Cash: $175 million
MSO has zero debt.

If MSO decided to take the company private again they can thus afford to do so - let's say the stock back at 13 - 15 bucks a share (offering a premium to current public shareholders) , they should be able to use the $175 million buy back the float, rebrand the company inder a different name and re-IPO it at a future date.

47

The Slippery Slope

by donkey in

this is not an issue related directly to this board, but it is an issue related to every one of us here.

it seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis.

to put it simply we are running out of oil.

donkey

1 US gallon = 3.7854118 litres

The current average price in the US is $1.895 per gallon according to the AAA (http://198.6.95.31/) thus making the average US price per litre equal around 50 cents.

47

The Slippery Slope

by donkey in

this is not an issue related directly to this board, but it is an issue related to every one of us here.

it seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis.

to put it simply we are running out of oil.

donkey

jgnat,

I bet you we see $3 a gallon this summer...

47

The Slippery Slope

by donkey in

this is not an issue related directly to this board, but it is an issue related to every one of us here.

it seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis.

to put it simply we are running out of oil.

donkey

I think western capitalism is very dependant on Oil but society isn't totally dependant on it

I would have to disagree. We are totally dependent on oil. If we oil prices rocket everyone is toast. The cost of all goods and services would rise dramatically. Oil is used in so many other things apart from petrol/gasoline too - I have one word for you - "plastic".

Perhaps one of the first things to suffer would be globalisation and movement of goods (higher transportation costs). I don't think this would be a bad thing in itself.

We could tighten our belts a lot too - there is a lot of wastage.

I agree with you on this point.

BTW: We already pay substantially more for our fuel than the US does so perhaps we would not notice it as much.

You would just pay more in the same proportion - IMHO. When the oil embargo (an artifical crisis as opposed to a global shortage) occurred in the early 70's everyone was affected. In the short term some may be affected more than others but over time we are all facing this issue together. The only chance we have of solving it is by rallying together vs warring over it. Unfortunately, IMO greed will revail and I forsee the latter being the course of choice. i am not going to count on governments (in whom I have little to no faith for problem solving) to help me out. Jack

47

The Slippery Slope

by donkey in

this is not an issue related directly to this board, but it is an issue related to every one of us here.

it seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis.

to put it simply we are running out of oil.

donkey

This is not an issue related directly to this board, but it is an issue related to every one of us here. It seems to me as if society is about to undergo a radical upheaval in the form of an new energy crisis. To put it simply we are running out of oil. I am not going to post all the details but if you want them you can message me and I will be more than happy to do so.

The growth of capitalism has spurred the world into an increasing consumption of oil. On the supply side ? we don?t have enough to sustain ourselves over time even if demand remains stagnant. Frankly, we are toast and have no chance to escape this impending disaster. I predict that while everyone focuses on Social Security and the other entitlement programs facing the US we will suddenly find ourselves in the way of the perfect storm ? Oil at near $75 a barrel. I will go out on a limb here and say this will occur within the next 24 months ? if not have at me guys. Ridicule me like we ridicule the borg?but I have little reason to believe I am wrong on this.

Richard Heinburg asks readers of his new book, ?The Party?s Over ? Oil and the fate of industrial societies? to:

?Try the following thought experiment. Go to the center of a city and find a comfortable place to sit. Look around and ask yourself: Where and how is energy being used? What forms of energy are being consumed, and what work is that energy doing? Notice the details of buildings, cars, buses, streetlights, and so on; notice also the activities of the people around you. What kinds of occupations do these people have, and how do they use energy in their work? Try to follow some of the strands of the web of relationships between energy, jobs, water, food, heating, construction, goods distribution, transportation, and maintenance that together keep the city thriving.?
?After you have spent at least 20 minutes appreciating energy's role in the life of this city, imagine what the scene you are viewing would look like if there were 10 percent less energy available. What substitutions would be necessary? What choices would people make? What work would not get done? Now imagine the scene with 25 percent less energy available; with 50 percent less; with 75 percent less.?

I suggest people need to prepare for both the financial and the social consequences if I am correct on this issue. I have long railed for exploitation of alternate renewable energy sources but they have not emerged. The reason is simple: there has been no incentive in a capitalist society to find alternatives. Shortly, this will all change as our oil-driven energy systems become the societal pivots to the next revolution in the industrialized world.

Anyway this is just another piece of my boring world. I have too much time to think and no one to talk to about this so I thought I would share it with the board. I have been preparing myself to profit financially from this inevitable event, but I fear that if the problem reaches the proportion it could I may not escape the consequences on society.

Ever the cheerful,
Ass