Originally Posted by
TurboDog
Did you guys notice how gas jumped .30 instantly today. They are talking about cutting production again and the value of the dollar is still shrinking. If gas goes back up I think all of these furloughs and downgrades will just be the beginning of a really smelly flush.
TD,
we still don't have an energy policy in this country. When the world economy started to slow down oil started to crash. But the US is still at the whim of the middle east since we don't have any alternative fuels right now and we won't go get our own oil supply.
Plus, Washington seems hell bent on nationalizing every industry we have so that amount of debt is crushing the dollar. Right now if you give the treasure $1 for a T-bill, they'll give you $0.99 back. we're still not as bad off as most of Europe right now, but in the next few years the dollar maybe the next bubble to pop. If that happens we'll have greater worries then being furloughed from Comair.
My .02