Made at the U.S. Mint with $50 Dollars U.S. on the back.
Posted on 10/14/2012 2:00:18 AM PDT by pansgold
TO THE HONORABLE CONGRESSMAN DEVIN NUNES
Sunday, October 14, 2012
Dear Sir,
As your constituent and as a registered voting Republican I am sending you this letter to confirm the telephone call I made to your Washington D.C. office last week.
I expressed concern and even anger at the high price of gasoline and demanded that the congress in the interest of national security, nationalize all oil refining in the United States and use Army reservists to take-over and run them. Refining should be under the direct control of the government and in particular, the Army Corp of Engineers.
The Army Corp of Engineers already controls 100% of national hydroelectric energy produced by control of dams and waterways.
I believe the government should now control oil and regulate the value thereof much as it does the price of gold.
Nationalization of oil and gas refineries will have a number of desired effects.
1.) Reduce the price of gasoline and diesel fuel needed to move products. 2.) Reduce the price of store products with reduced transportation costs. 3.) Provide a standard fuel grade for all 50 states. 4.) Regulate the amount of exported oil and fuel.
By standardizing fuel grades nationally, fuels can now be transported interstate without blend restrictions or seasonal state adjustments.
Any state wishing to tinker with the fuel blend must then do so at their own cost and have their own way to blend and distribute their own product. Congress should make a law declaring no state shall import or export across their state line any modified fuel. In short, California couldn’t supply Los Angeles, much more the entire state with blended fuel. That’s their states right and let the voters deal with those in state government for fuel shortages and high prices.
The government now controls and regulates offshore oil leasing, all oil drilling on federal lands and waters, nuclear energy, hydroelectric energy, fuel emission standards, fuel mileage standards, interstate pipeline construction, and import and export tariffs.
It’s time the government stops price gouging at the pumps by greedy refineries that create artificial shortages at the pump by shutting down refineries and switching seasonal blends while continuing to sell fuel to foreign countries.
In closing, we here in Tulare County that live on a fixed income can no longer afford the crushing effect of high gasoline prices.
I needn’t remind you congressman, the last time fuel costs were this high, oil was $147.00 a barrel. It is now at $92.00 per barrel yet gasoline is over $6.00 per gallon in Los Angeles County and near $5.00 per gallon in Springville, California.
That’s greed. That’s gouging. That’s price fixing. That’s crime and someone should be jailed for it.
Thanks for your time Congressman Nunes.
Sincerely,
Name and address withheld
Did you get lost on your way to DU?
Just what we all need. A comic. Your solution is .... insert drum roll here ....
The best way to create shortages, let the Gov’t take over.
The government already HAS taken over.
Try and build a refinery or update one without the permission of the government and the EPA
Just try and build a pipeline or drill on federal land or waterways.
Try and build a refinery or update one without the permission of the government and the EPA
Exactly!
...and so the solution is nationalization.
Some how I’m missing a really important point.
From my standpoint the more CA seniors suffer from high fuel prices the better. They should be going after the CA Assembly to rectify the vast majority of stupidity in the land of fruit and nuts.
Love your post. This person is a knucklehead.
That’s right. In a Representative Republic, the last thing anyone wants to see is a voter contacting their Representative.
Seig Heil
Again, it has been nationalized already.
Who controls the national oil reserve? Pipeline construction? refinery construction and modernization? Environmental impact studies? All hydroelectric energy production in the U.S.? Nuclear plant conctruction? Oil leasing?
That’s right... the national government.
Oh... I forgot emission and fuel milage standards...
mileage
Refiners want to be near the water, but now it's practically impossible for them to find a place to build. Refineries are high on the list of least-wanted industrial sites. This report from the California Energy Commission notes that even though 10 refineries representing 20 percent of the state's refining capacity were closed between 1985 and 1995, "it is unlikely that new refineries will be built in California." Why? Locals are concerned about the environmental impact of refineries, their contribution to smog, their traffic of giant trucks carrying hazardous materials, and the potential for devastating leaks in event of an earthquake." Taken from a Slate article published in 2004.
The federal government has all but taken over health care which is about 15% of our economy and the federal government still retains a significant chunk of General Motors and you now propose that the federal government take the oil industry. What you are proposing would bring us even closer to communism (government ownership of the means of production) and you consider yourself a conservative?
What a scary letter.
Nationalizing the oil industry will make things much worse.
“That’s right... the national government”.
Thanks for making my point.
The PROBLEM is the national government!
The only solution IMHO is State government taking back the power they gave to the federal government, or the power the federal government usurped from the states.
Asking Congress to finish the job of nationalization having caused the problem in the first place, is IMHO insanity.
It's the ONLY way to end this ridiculous state seasonal/custom blending by idiots like Cali's ARB.
Remember those fools mandated that MTBE, a known water soluable cancer causing agent oxygenate be added to all Calistan gasoline?
That's the same poison that blows out tailpipes of cars passing through farmlands and settles on the fields, then leaches into the soil contaminating crops and polluting the water tables.
Let me guess...
and the state gets to blend fuel for seasonal use and to their standards for emmissions even if it means poisioning all of us here with MTBE.
I think that’s what isn’t working now... IMHO.
You’re on drugs.
HHC’s husband.
They sit back and laugh at the fools at the pump that pay what they demand for gas.
Remember oil was $147.00 per barrel and prices were lower than they are now when it's at $92.00
Who's kidding whom?
The solution is deregulation!
Dude, You really need the /Sarc tag or someone will think that you are serious.
The price system operates to keep supplies coming.
The answer is LESS government, not more!
so enlighted your representative with your brillient idea to lower pump price. I’m sure they can use your wisdom.
BTW I ran a service station in 1973-74 and those gas shortages that drove the prices up. History repeats itself again.
OMG there’s a cloud in the Gulf of Mexico! EVACUATE!!
It’s time ONE grade of fuel is used by ONE nation. ONLY the feds can mandate a blend a standard fuel that meets THEIR standards for emissions.
It’s the ONLY way to end this ridiculous state seasonal/custom blending by idiots like Cali’s ARB.
Shows what you choose to ignore. In the first place there are at least two very necessary grades of diesel, and what I consider at least three or four necessary grades of gasoline, but we agree completely about the many other seasonal grades as long as the octane necessity for the many engines on the road is taken care of and winter is accomodated as well.
IIRC there is a low octane fuel for engines allowing eighty five octane. Eighty seven octane is the industry standard of today, Ninety one high octane. There is also a need for a racing fuel, and 100LL for aircraft use, and that doesn’t cover jet fuel, and a whole lot of other needs.
For years the INDUSTRY has been able to take care of the needs of transportation in this country without the meddling of the federal government. Why is it, having shown us their meddling hand, you are willing to give the agency causing the problems, more power to wield against those who know the industry and needs of the nation? Private industry is fully capable of fullfilling the needs of the nation.
That you, Maxine?
Now YOU do your part and let YOUR Representative know how you feel only leave out the personal attacks like:
knucklehead
Did you get lost on your way to DU?
You’re on drugs.
HHC’s husband.
Dude, You really need the /Sarc tag or someone will think that you are serious
BRILLIENT! It's time to sleep. Frogive <===the typo's in my posts. :-)
umm, what?
Let me guess...
“and the state gets to blend fuel for seasonal use and to their standards for emmissions even if it means poisioning all of us here with MTBE”.
You have a state representative as well. How about getting control of or eliminating the CA ARB along with all the radical environmental midgets, whose loud raspy voices have undermined common sense, especially in CA (aplologies to normal midgets everywhere).
Isn’t gold a commodity who’s value is fixed at $50.00/troy oz by Congress, you know, the part about coining money and regulating the value thereof?
Isn’t oil a commodity too?
You are kidding yourself.
“How about getting control of or eliminating the CA ARB...”
All I can do is continue voting or do you have a better idea?
... and your idea to lower gas prices is ...
All I can do is continue voting or do you have a better idea?
Move before it is too late.
Pray for a miracle.
CA, awarded best example of a democrat controlled state doing what democrats do best, expecting continued positive results in a down economy with shrinking population, heavy debt and deficits high taxes, bountiful state benefits, and excessive retirement obligations. Could probably fill several pages.
I would call you a perfect IDIOT however, I am well aware that no one is perfect!
Deregulate and then hang all progressives of both partys.
Progressive = socialist = communists.
Capitalism works fine as long as government stays the hell out of the way.
Some people have to be forced into slavery, others embrace it willingly. Just wait until you reach the status of "pet" and then the final gov't goal of "livestock". You must be part of the 47% Mitt was talking about - those who want the Gov't to take care of them at the expense of of others.
Gold a fair traded commodity purchased in large part by people outside of the US; congress has nothing to say about the value of gold.
If you know anyone willing to sell gold at $50/oz. please get back in touch. Last time I checked it was a bit north of $1,750/ oz.
For you I would suggest moving out of the state of fruits and nuts. If you do, please leave your socialistic, communistic and central planning convictions at the California border, preferably well within in its border.
“For you I would suggest moving out of the state of fruits and nuts. If you do, please leave your socialistic, communistic and central planning convictions at the California border, preferably well within in its border”
But ... PLEASE don’t come to Texas!!!
We already have enough of you limp brain ex-Californians that are trying to ruin our state just as you did California.
You come here, you play by our rules. NO EXCEPTIONS!
Made at the U.S. Mint with $50 Dollars U.S. on the back.
Gold Eagle Denominations
American Gold Eagle Coins are offered in four different fractional weights. Each fractional weight carries a different denomination or legal tender face value.
•1 ounce: $50 face value
•1/2 ounce: $25 face value
•1/4 ounce: $10 face value
•1/10 ounce: $5 face value
I have an 1824 quarter. Do you imagine it’s worth $.25? Do you imagine you can buy a current gold eagle for $50? Have you spent a sober day yet this month or are you just tired of your meds?
Grow up and brush upon your own studies. . Yes it’s minted by the US mint but the stated face value has NEVER governed it’s worth, never except for dealing with the government. Do you have a pre-1965 dime? Will you sell it to me for $.11 and think you made a penny profit?
There's a difference between a Federal Reserve NOTE and 1 DOLLAR. The DOLLAR is real money with a value fixed by the U.S. Government and will NEVER be worth less or worthless like the overprinted fiat currency you call money. I talk apples and you have oranges. Congress COINED the real money and set the value according to the U.S. Constitution. Like it or not.
I have a 1909-S VDB penny. It's worth 1 cent and will get me a gumball from any old Ford gumball machine.
BTW I can sell it for hundreds of dollars but congress set it's value at 1 cent.
Got it yet?
The value of the currency is NOT the market value. In short it takes you 1,750 treasury notes to but $50.00 in real money.
Hey did you hear the fed’s printing tons of more paper notes? Next year you'll need 2,000 notes for a 1 oz gold coin.
The gold's not wort more... your paper is worthless!
It’s good you sent along the full value of your thoughts and brain power
You really have nothing to offer in an intelligent conversation
The constitution and rule of law put in front of you and you are still in denial. Funny how facts get in the way of your arguement that congress has nothing to do with the legal tender value of a 1 ounce gold coin made at the United States Mint.
Congress has everything to do with regulating the the value of real money. The federal reserve notes are just that, a note. A promise to give you something of value for one. They have no real set value. The notes are actual bank notes issued by the Federal Reserve Banks and issued by a for profit corporation that can print all they want.
Now read a bit more and sonny... get off the stage.
LOL!! Love those Green Bay Packers. They just spanked those Houston Texans... YEEE HAWWWWW!!
You think you can buy 1 oz. gold eagles fir fifty buck and you want the government to slap price controls on gasoline and you’re questioning my understanding? Listen, for perhaps the first time ever, congress can regulate the value of anything it wants but that has zero effect on the value of anything. The confederate congress set the value if it’s money at a time people were burning it for fuel. I understand you are not familiar with Gresham’s law or apparently any economic concepts but the willingness of the market to accept something is what sets the value of something. The fact that no one agreed with your original post tells us how the market values your ideas.
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