We’re on the verge of a great, great depression. The [Federal Reserve] knows it.

[IndyColtsFan]

Absolutely impossible that I could be right yet again.

Yeah, that $5/gallon milk and $10/gallon gas is really hurting right now. Oh, wait....

 

[dmcowen674]

Originally Posted by dmcowen674
Absolutely impossible that I could be right yet again.

lol, you were predicting the great financial collapse back in 2004 (or was it earlier?)

Actually it was 2002 and we are in the midst of the collapse.

How come you are so wrong all the time?

 

[BeauJangles]

The oil execs were called to congress, so the price is going to go down. Look for prices to go back up as summer passes and people need heating oil for the winter time.

Look for prices to continue to decline for the rest of the month.

And prices falling have nothing to do with oil executives being called to congress.

I was spot on the $5

Paid that here in Chicago and still paying $4.54 today

So it didn't hit it by you, lucky you.

National average for gas never got to $5. You fail.

 

[Brovane]

Originally Posted by dmcowen674
Absolutely impossible that I could be right yet again.



I was spot on the $5

Paid that here in Chicago and still paying $4.54 today

So it didn't hit it by you, lucky you.

Filled up this weekend at Costco for $3.96/gallon. Location Irvine, CA.

 

[SunnyD]

In other news... the sky is falling. Story at 11'.

 

[CPA]

The oil execs were called to congress, so the price is going to go down. Look for prices to go back up as summer passes and people need heating oil for the winter time.

But yea, I can see $5 a gallon in the near future.

As for a depression, yea, I can see that too.

With our manufacturing jobs going over seas, its just a matter of time before we hit rock bottom.

yes, because the oil execs can magically make prices go up and down. Jeezus people get a clue.

 

[CPA]

Originally Posted by dmcowen674
Absolutely impossible that I could be right yet again.



I was spot on the $5

Paid that here in Chicago and still paying $4.54 today

So it didn't hit it by you, lucky you.

Bullshit. the only state that had over $5/gallon was Hawaii and for good reasons - taxes and delivery cost. You MAY have paid $5 for premium.

 

[JulesMaximus]

Relax. If the country goes into a real depression the government will just modify the way it collects its relevant economic statistics to show we're actually in a growth period with low inflation.

LOL! They'd have to bring back Bush of course.

 

[SphinxnihpS]

My grandfather clock hasn't worked in years, but still knows exactly when 6:05AM and 6:05PM is.

It may be correct at 6:05, but it is 12 hours off at 18:05. There is only one 6:05 per day.

 

[dmcowen674]

Bullshit. the only state that had over $5/gallon was Hawaii and for good reasons - taxes and delivery cost. You MAY have paid $5 for premium.

Negative. It was well over $5 for Premium

There were news article with pics posted of the $4.99 for regular

Try and keep up

 

[BeauJangles]

It may be correct at 6:05, but it is 12 hours off at 18:05. There is only one 6:05 per day.

A) It's a figure of speech.

B) Please tell me what time this clock reads.

 

[torpid]

This is not correct. Time is not a static measurement. It seems that way because the units of time are not used in all cases. So 6:05AM of Jun 1, 2011 is not the same as 6:05AM of May 31. You simply say in conversation the time is 6:05, but leave out the full units of measurement.

The motion of an active clock moving forward, relative to time itself, gives definition to the units of time. Therefore a broken clock is never right, because is remains stuck at the time that it was broken. By expanding the units of measurement, we can say the clock displays 6:05AM on the day it was broken. This is not representative of every 6:05AM.

This is a fun point you have, but I think it fails under scrutiny. By your definition, if you forget to wind a watch, then set the time to 6:05AM, at that exact moment it is somehow still not the correct time because it has yet to achieve the motion you indicated above. Only once you then wind it up is it correct, and even then I'm not sure by your definition. Therefore you can never set a wind-up watch to the correct time.

 

[CrazyAznDriver]

Wonder when they will start jailing people in debt

 

[xanis]

Wonder when they will start jailing people in debt

How would that solve anything at all?

 

[torpid]

How would that solve anything at all?

We did this a lot back during revolutionary war times and beyond. See, for example:

http://www.historycentral.com/NN/economic/Postwar.html

Not during the Great Depression, though. However, it is becoming more commonplace now (sort of). See:

http://www.lawyers.com/our-blog/archives/269-Doing-Time-for-Owing-Money.html

 

[tfinch2]

This is not correct. Time is not a static measurement. It seems that way because the units of time are not used in all cases. So 6:05AM of Jun 1, 2011 is not the same as 6:05AM of May 31. You simply say in conversation the time is 6:05, but leave out the full units of measurement.

The motion of an active clock moving forward, relative to time itself, gives definition to the units of time. Therefore a broken clock is never right, because is remains stuck at the time that it was broken. By expanding the units of measurement, we can say the clock displays 6:05AM on the day it was broken. This is not representative of every 6:05AM.

Not sure if serious

 

[xanis]

We did this a lot back during revolutionary war times and beyond. See, for example:

http://www.historycentral.com/NN/economic/Postwar.html

Not during the Great Depression, though. However, it is becoming more commonplace now (sort of). See:

http://www.lawyers.com/our-blog/archives/269-Doing-Time-for-Owing-Money.html

Wow, didn't know about that stuff. Interesting.

 

[edro]

This is not correct. Time is not a static measurement. It seems that way because the units of time are not used in all cases. So 6:05AM of Jun 1, 2011 is not the same as 6:05AM of May 31. You simply say in conversation the time is 6:05, but leave out the full units of measurement.
The motion of an active clock moving forward, relative to time itself, gives definition to the units of time. Therefore a broken clock is never right, because is remains stuck at the time that it was broken. By expanding the units of measurement, we can say the clock displays 6:05AM on the day it was broken. This is not representative of every 6:05AM.

Wow, thanks for explaining that to us.
None of us had any idea that time was ever changing.

 

[Train]

This is not correct. Time is not a static measurement. It seems that way because the units of time are not used in all cases. So 6:05AM of Jun 1, 2011 is not the same as 6:05AM of May 31. You simply say in conversation the time is 6:05, but leave out the full units of measurement.

The motion of an active clock moving forward, relative to time itself, gives definition to the units of time. Therefore a broken clock is never right, because is remains stuck at the time that it was broken. By expanding the units of measurement, we can say the clock displays 6:05AM on the day it was broken. This is not representative of every 6:05AM.

not very often you see someone steal the stupid spotlight away from Dave in a thread.

 

[wwswimming]

well, i'm predicting a Totally Fvcking Amazing Great Depression.

 

[TwiceOver]

How do we know it won't be a Great Great Great Depression instead of just a Great or Great Great?

 

[chin311]

and to think iPad 2's are still sold out...

wait til i tell my grandkids about this

 

[Zebo]

I wouldn't go that far. Great depression was pretty bad and we have more assets/wealth than then. We will restructure tho as SHTF.

 

[dmcowen674]

How do we know it won't be a Great Great Great Depression instead of just a Great or Great Great?

It will be called the Great Dave Depression because everyone says it's my fault.

 

[PokerGuy]

not very often you see someone steal the stupid spotlight away from Dave in a thread.

That's quite a feat! It takes real talent to out-stupid Dave.