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Old 07-11-2011, 12:09 PM
 
455 posts, read 633,048 times
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Quote:
Originally Posted by jimhcom View Post
You are talking about the State budget, and I am talking about the employment situation. Texas has one of the best employment markets for a State their size due to their energy industry.

The problem with the world is not lack of funds.
There is the same amount of assets in the world that there always was, what has changed is the ownership of those assets.
It is not a lack of assets, there is a lopsided distribution of them.
10 yrs of republican trickle down economics, possibly.
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Old 07-11-2011, 12:32 PM
 
Location: Vancouver, B.C., Canada
11,155 posts, read 29,313,098 times
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Quote:
Originally Posted by LauraC View Post

"In a 21st-century oil boom, this sparsely populated Canadian province has become one of the world's newest petroleum powerhouses. Foreign investors are piling in, and Alberta plans to double production over the next decade. The problem is that the U.S.—the biggest consumer of Alberta petroleum—may not want the additional oil. Most of Alberta's 1.5 million barrels of daily exports are extracted from oil sands, or bitumen. Turning this tar-like substance into oil is an energy-intensive process that generates lots of carbon dioxide, a gas suspected to contribute to global warming..."

Canada Has Plenty of Oil, but Does the U.S. Want It? - WSJ.com
Alberta Energy, is also considering a CANDU ACR-1000 nuclear reactor to be built in Western Canada, both for power generation, or for steam generation (used in processing the oil sands) it is the only real cost effective way to create enough power to do it.

right now we use natrual gas and the amount of of energy needed to double the our production would mean the amount of natural gas being used to do it would be energy in-effective
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Old 07-11-2011, 12:49 PM
 
10,854 posts, read 9,299,972 times
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Quote:
Originally Posted by crunchman View Post
I doubt all those markets combined are 1/2 the US market, personally I would like to see the US become more isolationist, making say 1/2 of what we need and employing "our" people to do it and paying a little more for it.
Based this:
List of countries by GDP (nominal) - Wikipedia, the free encyclopedia

GDP for the United States is a little more than fourteen trillion a year.

Currently the GDP for China and Japan account of over 11 tillion a year.

Throw in South Korea, Taiwan, Malaysia, Indonesia, Austrialia, and Thailand and you are well over 14 trillion a year.

And the economy in EVERY COUNTRY MENTIONED IS GROWING FASTER THAN THE UNITED STATES.
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Old 07-11-2011, 01:08 PM
 
29,939 posts, read 39,461,121 times
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Quote:
Originally Posted by jimhcom View Post
That is the million-dollar question. The problem is that housing values have to bottom before we can begin to recover.
The banks and financial institutions cannot afford to let the housing values fall quickly as that would cause them tremendous losses.
They are holding back supply in order to slow the fall of prices, but that in turn lengthens the time it will take to reach bottom.
I am afraid it will take another financial crisis or two to squeeze the market enough to see the kind of prices that will get investors interested in taking chances again.
If you look at what big business is doing, they are sitting on their cash and not eager to invest it at this point.
And that level will be very low in maybe 100 years or so when the average GDP per capita in the U.S.A. (or whatever its name will be) will be $11,200 (2010 dollars).
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Old 07-11-2011, 02:34 PM
 
Location: State of Superior
8,733 posts, read 15,938,824 times
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Quote:
Originally Posted by jimhcom View Post
You are talking about the State budget, and I am talking about the employment situation. Texas has one of the best employment markets for a State their size due to their energy industry.

The problem with the world is not lack of funds.
There is the same amount of assets in the world that there always was, what has changed is the ownership of those assets.
It is not a lack of assets, there is a lopsided distribution of them.
I agree with that ! The rich just keep getting richer, the middle class is going away , and the poor numbers are growing because many middle class are now Poor...... Now , there is a thing called logistics, and that's where the lopsided distribution comes from. There is truly a lack of funds when it comes down to the average Joe, tiring to get by. I agree we need a redistribution of wealth.
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Old 07-11-2011, 02:47 PM
 
Location: San Diego California
6,795 posts, read 7,288,026 times
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Quote:
Originally Posted by crunchman View Post
10 yrs of republican trickle down economics, possibly.
While trickle down economics is definitely part of the problem, so are the ignorant people who think there is any difference what so ever, between a republican and a democratic administration. Every administration has forwarded the agenda of the ruling elite for the past 40 years.
So long as people vote for the status quo, they will get more of the same.
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Old 07-11-2011, 03:37 PM
 
455 posts, read 633,048 times
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Quote:
Originally Posted by jimhcom View Post
While trickle down economics is definitely part of the problem, so are the ignorant people who think there is any difference what so ever, between a republican and a democratic administration. Every administration has forwarded the agenda of the ruling elite for the past 40 years.
So long as people vote for the status quo, they will get more of the same.
I have become more of a socialist in my old age (44), I just feel people should be a priority.Unless they change the campaign finance laws(i think the gov't should pay for it all,no tv adds,no p.a.c.s just debates on network television.)then we can introduce a 3rd party that can represent the people not big business, that and abolish the IRS (Tax evasion by corps is a terrible deal)
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Old 07-11-2011, 04:56 PM
 
Location: Vancouver, B.C., Canada
11,155 posts, read 29,313,098 times
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look 2 major things the US needs to do is 1. start building power plants. china has just broke ground on their gen 3+ nuclear power plants and they want to have new 30 plants up and running by 2035-2040

2. the all the interstates, bridges, and freeways are operating way beyond the intended volume and ripping up all interstates from the pacfic ocean and all the way to the atlantic and expanding them to keep up with current and future volume. it would be the largest infastructure project in the world but since we depend on them to get us to work and get our food and other goods trucked in from all over and not doing this means more 1.5-2 hour commutes each way to work sitting in gridlock traffic when it is only supposed to be a 20 minute drive.

canada need to do this up grade to but blast a larger super freeway through the rocky mountains and the vast distance it has to be expanded means we would need world record breaking amounts of concrete and steel rebar it would be the most expensive project since we first built the intersate and Trans-Canada freeways.

see being both the 2nd and 3rd largest countries in the world to get to another major city you need a car or to get goods there a 18-wheeler our whole culture and economy is based on it everything that comes from or goes overseas has to get to or come from our massive sea ports on our coasts by rail or big rig.

to boost the economy you need to in-crease trade and you need to have more commercial truck traffic which means longer waits in rush hour which burns more fuel and slows eveything down which drive up the costs get passed on to you the consumer on every item you buy.

building the new freeways and interstates would create tons of jobs in every state and the boost the economy the downsides is of course the cost and some of the tax on gas is supposed to for that but we are talking a project so massive it would be in the largest in the world.

those two things (build new nuclear plants to meet our needs energy and replace our dated 1960's infastructure) have to be started ASAP our older gen II nuclear power plants will be going off line with nothing to replace the 20% of clean renewable energy they make cause the rest comes from hydro, coal and natural gas and hydro is great but limited... as for wind and solar "green energy" they or not viable
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Old 07-12-2011, 07:26 AM
 
Location: San Diego California
6,795 posts, read 7,288,026 times
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Quote:
Originally Posted by crunchman View Post
I have become more of a socialist in my old age (44), I just feel people should be a priority.Unless they change the campaign finance laws(i think the gov't should pay for it all,no tv adds,no p.a.c.s just debates on network television.)then we can introduce a 3rd party that can represent the people not big business, that and abolish the IRS (Tax evasion by corps is a terrible deal)
The problem with socialism is that it puts too much power in the hands of government, which will always miss-use it.
The idea of socialism is predicated on the belief that we can somehow have an honest government. That is just silly. Power and corruption are synonymous.
The answer is to have a system that represents some type of fairness and equality. That is exactly what our Forefathers envisioned and structured for us.
The problem with the system they engineered, is that it is dependent on the Citizens doing their civic duty, which was our downfall.
Human nature is to become complacent as we acquire material wealth and comfort.
We can shake our fists at the corporations and wealthy elite who have taken our freedoms and our prosperity, but the truth is, it is us who have let them take it. It is we, who reneged on our responsibilities to be Citizens and to hold power among the people.
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Old 07-12-2011, 09:22 AM
 
455 posts, read 633,048 times
Reputation: 216
Quote:
Originally Posted by jimhcom View Post
The problem with socialism is that it puts too much power in the hands of government, which will always miss-use it.
The idea of socialism is predicated on the belief that we can somehow have an honest government. That is just silly. Power and corruption are synonymous.
The answer is to have a system that represents some type of fairness and equality. That is exactly what our Forefathers envisioned and structured for us.
The problem with the system they engineered, is that it is dependent on the Citizens doing their civic duty, which was our downfall.
Human nature is to become complacent as we acquire material wealth and comfort.
We can shake our fists at the corporations and wealthy elite who have taken our freedoms and our prosperity, but the truth is, it is us who have let them take it. It is we, who reneged on our responsibilities to be Citizens and to hold power among the people.
Well, if given the choice between two evils, I would pick gov't, it seems we have at least some recourse with them.To watch these ceo's behave as if their gods gift to the world is quite disturbing, $10-30-million dollar salaries annually, there should be laws against this, how can you take that kind of money out of a financial system and expect anything positive from it.Not many people want to spend their whole lives in the pursuit of money, people just desire to live comfortably and happily.

Gov't needs to be simplified, I think term limits would help.I would like to see older guys who are more philanthropicly oriented (hope thats a word) have their say.I don't blame the people for their submissive nature, these days the cops have the power to do almost anything, society has been criminalized (and people think this is a good thing,btw) Just look at what has happened from a C.J. point of view since 1980, its astonishing really.

Anyway, I think we need aspects of both to be successful, but gov't needs to be minimized big-time.
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