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Re: Oil hits $114/barrel - No end in sight.
Quote:
Originally Posted by Americano
Spoke with a friend and diesel is now $5/gallon in Paso Robles, CA. Got to be a gulp for the retirees and travelers using RVs with pusher diesels at 5mpg. A buck a mile just for fuel.
Looks to me like I'd better start offering gas money to the hourly household help or they'll eventually figure out public assistance that doesn't require a reliable vehicle is a far better deal than working.
Imp, have you ordered the Focus?
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 no but we are close, $4.39 today. T Boone Pickens who called this last year ( the price by 5 cents ) at this time, says $150.00 a barrel by X mas..I think he should short that.
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No individual can plan his own existence in their view.
So the state planners must arrogate to themselves the right to manipulate any sector of the economic system if the good of “society” or the “general welfare” is paramount.
Ipso- if the rights of the individual get in the way, the rights of the individual must be sublimated.
The Road to Serfdom
FA Hayek (interpretation)
Mortgage Backed Security survivor
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