User profile: Lizzy

Joined: Jan. 24, 2008

Recent Comments

Total Comments: 5 (view all)

Posted on: Voters, pick your fix for gas prices

The only way to reduce the cost of gasoline is to bolster the value of a dollar.

That's absolutely correct. the cost of oil really hasn't gone up much, but the value of the dollar has dropped significantly.

I'm not sure why people don't understand this, but maybe if we simplify it, we can stop arguing about drilling and these other countries using up all the oil.

Here's the deal, kids: The value of the US dollar as dropped 1/3. Or, one could say, the value of foreign currency has increased 50% over the value of the dollar. We express oil in terms of dollar value, i.e. a barrel of crude sells for $120 US dollars.

When the value of the dollar drops, the amount of product that can be purchased decreases. In the case of oil, since the cost is expressed as a dollar amount, the cost of oil goes up as the value of the dollar drops.

The worst part about this realization is that we are the sole cause for the high oil costs, and that's why we can't do anything about it. The rest of the world is buying and selling fuel at roughly the same price they have been for the past few years. It's only here in America where our dollar now buys less oil than it used to.

If the value of oil was expressed in terms of the euro, we wouldn't be complaining about the high cost of oil, instead we'd be complaining about the value of the dollar as compared to the euro.

(Suggest removal) 5/14/08 at 9:34 a.m.

Posted on: Answer the question

While we ban water boarding and torture, radical individuals continue to behead and blow up unsuspecting, uninvolved people. While we claim we are better then that, over 3,000 people were slaughtered on 9/11. How quickly you forget. Perhaps if your loved ones had been in the twin towers, the pentagon or on flight 93 you would have a different opinion.

(Suggest removal) 2/1/08 at 8:01 a.m.

Posted on: Bewildered, academics pore over sex-trade hysteria

Dear God,
Did you used to live in the deep south? The slave trade? "We need to crack down on prostitution before it ruins more lives." Please, it paid for my Harvard business degree.
PS: prostitution is not illegal in Japan and many South Asian countries. Get your facts straight.

(Suggest removal) 2/1/08 at 7:51 a.m.

Posted on: Energy CEO: Allow coal, for the Strip's sake

"the plants will spew global warming-causing greenhouse gases" carbon dioxide. Ok, Lets stop the greenhouse gases! On the count of three hold your breath!

(Suggest removal) 1/24/08 at 7:54 a.m.

Posted on: Coal plant debate intensifies

To combat global warming let us all stop emitting carbon dioxide. On the count of three hold your breath!

(Suggest removal) 1/24/08 at 7:44 a.m.

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