The point is, you can make over $1 million by investing $4 per day but you have to do it for an unrealistically long time or get a really good interest rate.

I played with the calculator a bit and it seems that if you invest $10 per day for 45 years (ages 20-65) with an 8% apr the return is also over $1 million.

By the way does anyone actually compound continuously or is that just something to torture algebra students with?

PV = 0
annual additions = 1460
years to grow = 65
interest rate = 8%
compounding one time per year

It spits out just over $2.9 million

Of course I doubt many people will invest $4 a day for their entire lives.

So, what am I missing here?

By the way my Pacifica tells me when I have low pressure in my tires,but thanks anyway Barry.

Conserving fuel by all the various means have been used by all of to some extent and frankly I’m tired of it. I just want cheaper gas to burn in my wagon and go on a road trip.

They were so sure the solemn, stodgy Algore would wipe the smirk off W’s face, and it did’t happen. They were so sure that the ponderous Lurch would finish him off, and that didn’t happen.

Now they’re stuck with a guy whom they’re absolutely forbidden to laugh at because his mission is so serious, and they think that we are somehow not allowed to laugh at him either. And they can’t even laugh at McCain, because they’ve remade him in the image of W. The best they can manage is bitter, croaking “old guy” jokes.

C’mon, you trolls, you goateed Obamatics with knitted brows, just laugh with us and say, “Yeah, he effed up that one a little, but we’ll get you back!” This isn’t a “Dukakis-in-the-tank helmet” moment…is it?

Solving the under-inflation issue would require funding local police departments to set up tire pressure check points with $200 fines for those whose pressure was too low.

I guess that would be very unpopular, but if that is what Obama has in mind I think he should be honest about it.

I bet that a lot of the people with underinflated tires are professionals who don’t like to get their hands dirty, or the elderly who find getting down on their hands and knees in the middle of a dirty driveway to be uncomfortable.

The best long term solution would be a dashboard display of tire pressures but I suspect that would be expensive.

The bottom line is that Obama’s comment is no substitute for a real energy plan that uses all possible means to bring gas prices down.

It’s completely emotional. They’re so deep in that cult of personality that they’ve been stripped of rational thought and an ability to reason with those who have reject HopeChange salvation.

It’s true. However, we don’t see too many people retiring as millionaires, do we? People simply do not save as much as they should. That is why there is a financial services industry, to help people manage money.

Likewise people do not conserve as much energy as they should. That is why there is an oil industry. It is easier for relatively few professionals to increase the oil supply than it is to mandate changes in behavior to the multitudes.

Do you suppose that when the Democrats proposes a massive tax hike to “fix” social security, Senator Obama respond, “Americans can raise more money for retirement by saving $4 a day, then through all those tax revenues the Congress proposes raising?” I think not.

Maybey somone should send out a mailer.

All of those wind turbines and solar panels and all of that awesome biofuel needs fossil fuel by-products just be manufactured, not to mention the actual materials that the machines that make the machines that make the machines that make your lights go on every day 24/7/365.(repetition was intentional) There is literally no moment in your life that isn’t benefitted by fossil fuels.

From the clothes you wear, food you eat, the roads you drive on, the shingles on your roof,to the machinery that makes our standard of living even possible. I don’t think most people realize how dependent even basic technology is on “BigOil”.