One Solution to out Economic Problems
First, I want y'all to know I am not for more government intervention in our lives, but for once, Big Brother could make a difference. My proposal is for the Feds to put a ceiling on the price of gasoline, at the pump, for 5 years. That price would be $2.50 a gallon for regular.
Big Oil made money at that price before and they will still make large profits now at that price. The worldwide speculation market and Wall Street traders set the price of oil, which then determines the price of gasoline. Why should Wall Street traders and worldwide speculators decide what you and I have to pay at the pump? What ever happened to Economics 101, supply and demand? I am not saying to stop the price of crude oil from fluctuating, only the price of gasoline at the pump. That way, the oil companies would take the hit instead of the consumer. They can afford it, the consumer can't. I would guess there would be less fluctuatation in the price of oil, don't you?
I keep reading articles that before long we will be energy independent. So, instead pf continuing to develop more exploration options, let's build more refineries to take care of the energy we are now producing and keep it here where it belongs. In addition, build the refineries where the oil and gas is, not thousands of miles away. We stockpile oil and natural gas now. Why can't we stockpile and store gasoline? Why do we want to get to the point where we are exporting oil, natural gas and gasoline? Someday your grandchildren will wish we had not given it all away.
If you and I, and the business world knew what our transportation costs were going to be for the next 5 years, we could all make plans. Everyone could set budgets and our economy would prosper. The price of everything we use, in one way or another, is based on the cost of transporting products and goods, as well as people. Therefore, the price of everything we purchase should go down, including airline tickets, and maybe even the price of cars and trucks. We will have more $$ in our pockets, so therefore we will purchase more goods. More people will travel and spend $$. It's a win, win, situation for everyone.
I know, it makes too much sense. Therefore, the powers that be, will not like the idea. What do you think?
Sea Trails Resort, just over the border in Sunset Beach, North Carolina, has an approved plan of reorganization to emerge from Chapter 11 bankruptcy protection. Now it just needs a buyer. The 2,000 acre, 3-course resort includes two clubhouses, a 50,000-square foot convention center, an estimated 400-unit rental business, unsold vacant lots and approximately 240 acres of undevoloped land.
There are still deals available in real estate down here and remember "cash" is king. So come on down, we're dealin!
I had my first TV interview for my book Murder on the Front Nine. It was on a live show at the local ABC channel in Conway. It wasn't nearly as scary as my first public speaking engagement.
That's all for now. See ya in the New Year, Steve & Bev smcmillen@sc.rr.com website www.stevenmcmillen.com
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The beach