https://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)https://archive.freecapitalists.org:443/forums/thread/417258.aspxFri, 29 Apr 2011 05:50:13 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:417258John James0https://archive.freecapitalists.org:443/forums/thread/417258.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=417258<p> Bingo.&nbsp; And it&#39;s not just people who indirectly benefit from money given to them by others who have invested in oil, but these complainers are more than likely investors themselves.&nbsp; The vast majority of people have no f-ing clue what they&#39;re invested in.&nbsp; No joke.&nbsp; They don&#39;t even think of it as really their money.&nbsp;</p> <p> If they did, you wouldn&#39;t have more than half the country bitching about profits...you know, since 52 percent of Exxon-Mobil&#39;s stock is owned by fund investors such as mutual and pension funds...much of which is the &quot;working class&quot; firefighters, teachers and other government employees that everyone seems to invoke when they want to seem philanthropic.</p> <p> The whole thing is just one more example of utter ignorance.&nbsp; They don&#39;t even know what stock they own...I doubt we can expect them to understand basic economics.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/417254.aspxFri, 29 Apr 2011 05:32:43 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:417254Bearchu.0https://archive.freecapitalists.org:443/forums/thread/417254.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=417254<p> A side note from QE2 and oil prices.</p> <p> How much of the oil price do you think is attributable to investments made on behalf of the general public.</p> <p> In other otherwords is it somewhat of an hypocrasy for someone who lives off of funds that invest in oil to complain about high oil prices?</p><div style="clear:both;"></div>