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homeagain wrote: Oh PLEASE.....save me the gloating.....from my POV ALL oil companies should be paying thru the noses (in taxes)....Don't even get me
started on Exxon (I'm from Alaska).....the INADEQUATE oversight within these companies is absolutely appalling and BP's fubar in
the gulf is a graphic example of that LACK of oversight.....MAYBE if the product (gas/oil) had a price point similar to Europe we would
see a SWIFT turnaround for alternative options.....levy HEAVY taxes on each of them when oversight is lacking......and just maybe the
"accidents" would be minimal and NOT so catastrophic....JMO
Record unemployment, low inflation underline Europe's pain
(Reuters) - Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank's target, stepping up pressure on EU leaders and the ECB for action to revive the bloc's sickly economy.
Joblessness in the 17-nation currency area rose to 12.2 percent in April, EU statistics office Eurostat said on Friday, marking a new record since the data series began in 1995.
With the euro zone in its longest recession since its creation in 1999, consumer price inflation was far below the ECB's target of just below 2 percent, coming in at 1.4 percent in May, slightly above April's 1.2 percent rate.
That rise may quieten concerns about deflation, but the deepening unemployment crisis is a threat to the social fabric of the euro zone. Almost two-thirds of young Greeks are unable to find work, exemplifying southern Europe's 'lost generation'.
http://www.reuters.com/article/2013/05/ ... DJ20130531
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homeagain wrote: Oh PLEASE.....save me the gloating.....from my POV ALL oil companies should be paying thru the noses (in taxes)....Don't even get me
started on Exxon (I'm from Alaska).....the INADEQUATE oversight within these companies is absolutely appalling and BP's fubar in
the gulf is a graphic example of that LACK of oversight.....MAYBE if the product (gas/oil) had a price point similar to Europe we would
see a SWIFT turnaround for alternative options.....levy HEAVY taxes on each of them when oversight is lacking......and just maybe the
"accidents" would be minimal and NOT so catastrophic....JMO
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homeagain wrote: My point,EXACTLY......when the pocket book of the consumer is decimated,the habits will change and a DECIDED DEMAND for alternatives will be in the forefront....JMO
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FredHayek wrote:
homeagain wrote: My point,EXACTLY......when the pocket book of the consumer is decimated,the habits will change and a DECIDED DEMAND for alternatives will be in the forefront....JMO
You go girl! Lets have more seniors and children have to stop heating their homes in the winter and being able to afford A/C in the summer. Move utilities from 10% of a household budget to 25%.
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Topic Author
homeagain wrote: My point,EXACTLY......when the pocket book of the consumer is decimated,the habits will change and a DECIDED DEMAND for alternatives will be in the forefront....JMO
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Blazer Bob wrote:
FredHayek wrote:
homeagain wrote: My point,EXACTLY......when the pocket book of the consumer is decimated,the habits will change and a DECIDED DEMAND for alternatives will be in the forefront....JMO
You go girl! Lets have more seniors and children have to stop heating their homes in the winter and being able to afford A/C in the summer. Move utilities from 10% of a household budget to 25%.
Wow, just like the republican health care back up plan, "die quickly".
:Whistle
[youtube:3fvnc6ha][/youtube:3fvnc6ha]
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