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JohnS

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Re: Credit/Debit Card Swipe Fee legislation

by JohnS » Thu Jun 09, 2011 10:23 pm

Steve P wrote:
JustinHammond wrote:That is a big chuck of change that is disappearing.



Ahhhh hell, they'll make that up in a matter of weeks...Buy up a few million oil futures, spread the rumor that there is a shortage, get the the price to spike somewhere north of $125 a barrel, sell it off and "poof" there are your billions back. Hey, it worked for Goldman Sachs.

http://napoleonlive.info/economics/oil- ... eculators/


Relatively simple fix for that too - require the party placing the bids to take physical delivery of the oil.

Won't happen, but it would help.
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Steve P

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Re: Credit/Debit Card Swipe Fee legislation

by Steve P » Fri Jun 10, 2011 11:23 am

JohnS wrote:Relatively simple fix for that too - require the party placing the bids to take physical delivery of the oil.

Won't happen, but it would help.


Nahhhh, makes to much sense...and where on earth would these hedge fund lacky's PUT all that oil ? Their swimming pools can't be THAT big. 8) :roll: :lol:

Only another month until the price of beer goes down. :wink:
Stevie P...The Daddio of the Patio
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Mark R.

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Re: Credit/Debit Card Swipe Fee legislation

by Mark R. » Fri Jun 10, 2011 6:00 pm

JohnS wrote:
Steve P wrote:
JustinHammond wrote:That is a big chuck of change that is disappearing.



Ahhhh hell, they'll make that up in a matter of weeks...Buy up a few million oil futures, spread the rumor that there is a shortage, get the the price to spike somewhere north of $125 a barrel, sell it off and "poof" there are your billions back. Hey, it worked for Goldman Sachs.

http://napoleonlive.info/economics/oil- ... eculators/


Relatively simple fix for that too - require the party placing the bids to take physical delivery of the oil.

Won't happen, but it would help.

Along the same lines: http://thedailywtf.com/Articles/Special-Delivery.aspx
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