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July 16, 2008 at 4:30 PM in reply to: My letter to my congressman and Senetors, what do you think of it? #240626July 16, 2008 at 4:30 PM in reply to: My letter to my congressman and Senetors, what do you think of it? #240678
ucodegen
ParticipantFormer San Diegan, I spent more time trying to figure out a way to put the oil thing in here than anything else because they are sort of related. But congress is busy; I agree the letter is probably more powerful if I leave the oil thing out.
Just a FYI on the oil thing. It is all about supply and demand.. so a few questions to think of:
1) When was the last time we did any large oil exploration or exploitation of resources in the US, and more specifically California?
2) When was the last time any major refining capacity was added (new refineries built) in US, and more specifically California?
3) Since the last drilling for oil, adding oil rigs and adding refining capacity.. has the consumption of fossil fuels increased in the US and more specifically California?Presently we are importing refined product(ie Gasoline) from Mexico because of lack of refining capacity. The lack of spare capacity is the reason why the price of oil and gasoline jumps anytime the supply line is threatened (ie by Iran’s saber rattling), and Iran knows this. This is one of the reasons Iran was reiterating its threats when oil drops in price. It will be interesting to see if Iran does another ‘threat’ after this drop, particularly considering the Photoshop work done on their last ‘announcements’.
The only real fixes on the oil front is reduced consumption or increased production. Speculators have to sell the oil they bought on speculation. If there is no-one there to buy it at their price (because there is more than people need at the specified delivery date).. the speculators really get shafted because speculation on the commodities markets is highly leveraged (both up and down).
July 16, 2008 at 4:30 PM in reply to: My letter to my congressman and Senetors, what do you think of it? #240685ucodegen
ParticipantFormer San Diegan, I spent more time trying to figure out a way to put the oil thing in here than anything else because they are sort of related. But congress is busy; I agree the letter is probably more powerful if I leave the oil thing out.
Just a FYI on the oil thing. It is all about supply and demand.. so a few questions to think of:
1) When was the last time we did any large oil exploration or exploitation of resources in the US, and more specifically California?
2) When was the last time any major refining capacity was added (new refineries built) in US, and more specifically California?
3) Since the last drilling for oil, adding oil rigs and adding refining capacity.. has the consumption of fossil fuels increased in the US and more specifically California?Presently we are importing refined product(ie Gasoline) from Mexico because of lack of refining capacity. The lack of spare capacity is the reason why the price of oil and gasoline jumps anytime the supply line is threatened (ie by Iran’s saber rattling), and Iran knows this. This is one of the reasons Iran was reiterating its threats when oil drops in price. It will be interesting to see if Iran does another ‘threat’ after this drop, particularly considering the Photoshop work done on their last ‘announcements’.
The only real fixes on the oil front is reduced consumption or increased production. Speculators have to sell the oil they bought on speculation. If there is no-one there to buy it at their price (because there is more than people need at the specified delivery date).. the speculators really get shafted because speculation on the commodities markets is highly leveraged (both up and down).
July 15, 2008 at 3:08 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239796ucodegen
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
It really doesn’t create a ‘negative feedback loop’, but it does allow the naked shorter the equivalent of increasing the money supply since the naked short (if institutional) is effectively creating a 0% loan. On the other hand, if the stock being shorted is paying dividends, being a naked short will not help because you will still have to cover the dividends for the shares shorted.
What naked shorts really provide, is a potential for a very violent upswing if the company or its officers understand how to deal with it and if the company is viable. If the company is not viable, blocking naked shorts will not help the company’s survival.
July 15, 2008 at 3:08 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239936ucodegen
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
It really doesn’t create a ‘negative feedback loop’, but it does allow the naked shorter the equivalent of increasing the money supply since the naked short (if institutional) is effectively creating a 0% loan. On the other hand, if the stock being shorted is paying dividends, being a naked short will not help because you will still have to cover the dividends for the shares shorted.
What naked shorts really provide, is a potential for a very violent upswing if the company or its officers understand how to deal with it and if the company is viable. If the company is not viable, blocking naked shorts will not help the company’s survival.
July 15, 2008 at 3:08 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239939ucodegen
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
It really doesn’t create a ‘negative feedback loop’, but it does allow the naked shorter the equivalent of increasing the money supply since the naked short (if institutional) is effectively creating a 0% loan. On the other hand, if the stock being shorted is paying dividends, being a naked short will not help because you will still have to cover the dividends for the shares shorted.
What naked shorts really provide, is a potential for a very violent upswing if the company or its officers understand how to deal with it and if the company is viable. If the company is not viable, blocking naked shorts will not help the company’s survival.
July 15, 2008 at 3:08 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239995ucodegen
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
It really doesn’t create a ‘negative feedback loop’, but it does allow the naked shorter the equivalent of increasing the money supply since the naked short (if institutional) is effectively creating a 0% loan. On the other hand, if the stock being shorted is paying dividends, being a naked short will not help because you will still have to cover the dividends for the shares shorted.
What naked shorts really provide, is a potential for a very violent upswing if the company or its officers understand how to deal with it and if the company is viable. If the company is not viable, blocking naked shorts will not help the company’s survival.
July 15, 2008 at 3:08 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239998ucodegen
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
It really doesn’t create a ‘negative feedback loop’, but it does allow the naked shorter the equivalent of increasing the money supply since the naked short (if institutional) is effectively creating a 0% loan. On the other hand, if the stock being shorted is paying dividends, being a naked short will not help because you will still have to cover the dividends for the shares shorted.
What naked shorts really provide, is a potential for a very violent upswing if the company or its officers understand how to deal with it and if the company is viable. If the company is not viable, blocking naked shorts will not help the company’s survival.
ucodegen
ParticipantI have had issues with Time Warner too… and I know the staff I had the misfortune to interact with are right here in our beautiful San Diego. For the loss of productivity they caused me, I really, really wish they lose their jobs.
I have had similar problems. TW seems to assume that everyone is computer illiterate. I resorted to asking directly for a tech after running my own protocol sniffer on my interface to determine the problem. I finally got through to a real tech and it really helped.
For the network problem.. skipping all of the transcript.
What is the manufacture and model of the WiFi/router? Could you describe the connections (which item is connected to which other item). I suspect that “dumbrenter” is correct on DHCP.ucodegen
ParticipantI have had issues with Time Warner too… and I know the staff I had the misfortune to interact with are right here in our beautiful San Diego. For the loss of productivity they caused me, I really, really wish they lose their jobs.
I have had similar problems. TW seems to assume that everyone is computer illiterate. I resorted to asking directly for a tech after running my own protocol sniffer on my interface to determine the problem. I finally got through to a real tech and it really helped.
For the network problem.. skipping all of the transcript.
What is the manufacture and model of the WiFi/router? Could you describe the connections (which item is connected to which other item). I suspect that “dumbrenter” is correct on DHCP.ucodegen
ParticipantI have had issues with Time Warner too… and I know the staff I had the misfortune to interact with are right here in our beautiful San Diego. For the loss of productivity they caused me, I really, really wish they lose their jobs.
I have had similar problems. TW seems to assume that everyone is computer illiterate. I resorted to asking directly for a tech after running my own protocol sniffer on my interface to determine the problem. I finally got through to a real tech and it really helped.
For the network problem.. skipping all of the transcript.
What is the manufacture and model of the WiFi/router? Could you describe the connections (which item is connected to which other item). I suspect that “dumbrenter” is correct on DHCP.ucodegen
ParticipantI have had issues with Time Warner too… and I know the staff I had the misfortune to interact with are right here in our beautiful San Diego. For the loss of productivity they caused me, I really, really wish they lose their jobs.
I have had similar problems. TW seems to assume that everyone is computer illiterate. I resorted to asking directly for a tech after running my own protocol sniffer on my interface to determine the problem. I finally got through to a real tech and it really helped.
For the network problem.. skipping all of the transcript.
What is the manufacture and model of the WiFi/router? Could you describe the connections (which item is connected to which other item). I suspect that “dumbrenter” is correct on DHCP.ucodegen
ParticipantI have had issues with Time Warner too… and I know the staff I had the misfortune to interact with are right here in our beautiful San Diego. For the loss of productivity they caused me, I really, really wish they lose their jobs.
I have had similar problems. TW seems to assume that everyone is computer illiterate. I resorted to asking directly for a tech after running my own protocol sniffer on my interface to determine the problem. I finally got through to a real tech and it really helped.
For the network problem.. skipping all of the transcript.
What is the manufacture and model of the WiFi/router? Could you describe the connections (which item is connected to which other item). I suspect that “dumbrenter” is correct on DHCP.ucodegen
ParticipantOne more question.. are you sure you are not dealing with hillcrest chicks or leucadia chicks? The ratio of hens is odd.. some may be cross-dressing or in the closet…..
ucodegen
ParticipantOne more question.. are you sure you are not dealing with hillcrest chicks or leucadia chicks? The ratio of hens is odd.. some may be cross-dressing or in the closet…..
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