Fuel Prices hurt racing???

This all could've been prevented if the god damn lobbyists were subject to public hangings.

[ArlJim78]

everythings fine, just ask justindew.

[geeker2]

Originally Posted by ArlJim78

everythings fine, just ask justindew.

lol...now that's funny!

[GBBob]

wow..this thread shrunk?

[Storm Cadet]

Sure did but as they said in Godfather 1:


Clemenza: You know, Mike, you're gonna turn out all right. You take a long vacation, nobody knows where, and we'll catch the hell.
Michael: How bad do you think it's gonna be?
Clemenza: Pretty goddam bad. Probably all the other Families will line up against us. That's all right. These things gotta happen every five years or so, ten years. Helps to get rid of the bad blood. Been ten years since the last one. You know, you gotta stop them at the beginning.

Gotta get rid of all the bad blood on this site!

[ArlJim78]

if steve says so we might even have to go to the mattresses.

What did I miss?



$3.89 regular unleaded today in hillbillyland.

[jwkniska]

Originally Posted by Coach Pants

This all could've been prevented if the god damn lobbyists were subject to public hangings.

it's not the lobbyists, but the hedge fund owners that over the last year have BOUGHT MORE OIL THAN CHINA! I hope they all go bankrupt.

[jwkniska]

Originally Posted by cmfhb411

I say we all decide to take a five day weekend and stay home until Tuesday
morning. That'll teach those f**kers.

that won't do it..... a day or two, or even a week won't matter to them. They'll just hold it until demand comes back.

Now... if we could get OPEC to raise production... or Venezuela, or drill Anwar.... then... they'd lose their shorts.

[jwkniska]

I knew that the speculators were the ones driving up the price, but until I heard the numbers today on CNBC, had no idea that those crooked, unregulated hedge fund operators bought more oil than China.

I wish they'd ban those guys from being in any publicly traded investment at all.... they're in it to line their own pockets and have no regard for anyone that puts up their $$ to invest in the hedge funds.... and absolutely no regard for anyone investing lawfully at all (like all of us with any of our retirement accounts in mutual funds.... which I hope don't all get a FORTY PERCENT reduction, which will happen if Obama gets elected... he thinks that capital gains are only a tax on the rich, instead of the working class).

[Danzig]

i thought it was all bushies fault??

[pick4]

Originally Posted by jwkniska

I knew that the speculators were the ones driving up the price, but until I heard the numbers today on CNBC, had no idea that those crooked, unregulated hedge fund operators bought more oil than China.

I wish they'd ban those guys from being in any publicly traded investment at all.... they're in it to line their own pockets and have no regard for anyone that puts up their $$ to invest in the hedge funds.... and absolutely no regard for anyone investing lawfully at all (like all of us with any of our retirement accounts in mutual funds.... which I hope don't all get a FORTY PERCENT reduction, which will happen if Obama gets elected... he thinks that capital gains are only a tax on the rich, instead of the working class).

Crude Light Sweet contracts are easy money for Money management firms to park their cash in at this time. The market as a whole has been flat. Crude Light Sweet is priced in dollars and the dollar is cheap these days. I think the shorts were squeezed out today which caused the spike. The July contract is at $134.66 as I type and this is not a good thing.

Horsemen are not the only ones who are feeling the effects of this surge in energy prices. I think we're in the midst of a rocky run. Do not look for politicians to correct the situation. They will only make matters worse.

[The Indomitable DrugS]

The decline in the value of the American dollar is going to hurt the quality of racing in this country.

Buyers from Japan, Europe, and Canada are far more active at yearling and 2-year-old sales. More than a few very nice athletes I liked from the FT Calder sale were bought up by foreign buyers and aren't going to race here. The decline in the dollar means they are buying these horses at a discount basically.

[the_fat_man]

Yo, BOYS, relax

Every time I think things aren't going well in terms of the economy

I just head on over to PA, and see YET ANOTHER thread by the proprietor, PA himself

DEBUNKING that RECESSION BUNK

There is no recession according to PA


What fuel crisis?

The economy is THRIVING.

The recession 'GOONS'

[GenuineRisk]

Originally Posted by jwkniska

I knew that the speculators were the ones driving up the price, but until I heard the numbers today on CNBC, had no idea that those crooked, unregulated hedge fund operators bought more oil than China.

I wish they'd ban those guys from being in any publicly traded investment at all.... they're in it to line their own pockets and have no regard for anyone that puts up their $$ to invest in the hedge funds.... and absolutely no regard for anyone investing lawfully at all (like all of us with any of our retirement accounts in mutual funds.... which I hope don't all get a FORTY PERCENT reduction, which will happen if Obama gets elected... he thinks that capital gains are only a tax on the rich, instead of the working class).

You're wrong- Obama's proposed increase on capital gains is from 15 percent to 20 percent, not to 40 percent. It took me exactly 90 seconds of Googling to find that out. I don't know where you get your news from. FOX, I'm presuming? I think where you are confused is his proposed raising of tax on dividends to 39.5 percent. Dividends are not the same thing as capital gains. I don't know of any middle-class people who live entirely on dividends. Plus, retirement accounts aren't taxed the same way regular dividends are. Raising the taxes on what is primarily an income source for the wealthy is not going to trash the middle class or retirees.

And these aren't new tax levels; they are pre-Dubya tax levels. Because Bush's tax cuts for the wealthy have worked out so well for the economy.

I can't even begin to deal with the "ban speculators" rant. Sure, everyone wants government out of their lives/business, and then they start yelling when people take advantage of gov't staying out of their lives/businesses.

[TheSpyder]

Make reefer legal and tax it and "everything gonna be all right".

Spyder

[blackthroatedwind]

I think Storm Cadet makes interesting points and it probably will affect meets like Saratoga and Del Mar unfortunately.

[jwkniska]

Originally Posted by GenuineRisk

You're wrong- Obama's proposed increase on capital gains is from 15 percent to 20 percent, not to 40 percent. It took me exactly 90 seconds of Googling to find that out. I don't know where you get your news from. FOX, I'm presuming? I think where you are confused is his proposed raising of tax on dividends to 39.5 percent. Dividends are not the same thing as capital gains. I don't know of any middle-class people who live entirely on dividends. Plus, retirement accounts aren't taxed the same way regular dividends are. Raising the taxes on what is primarily an income source for the wealthy is not going to trash the middle class or retirees.

And these aren't new tax levels; they are pre-Dubya tax levels. Because Bush's tax cuts for the wealthy have worked out so well for the economy.

I can't even begin to deal with the "ban speculators" rant. Sure, everyone wants government out of their lives/business, and then they start yelling when people take advantage of gov't staying out of their lives/businesses.

I heard that straight from Obama's mouth... and I live in Chicago.