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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 6:07:24 AM

Sanity

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Which in turn affects global prices, global supply and demand

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 6:09:52 AM

mnottertail

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Well, sorta like the metric system, our not buying into left us at a competitive disadvantage.

If we want to get our oil to stay home, we have to pay what the rest of the world pays for it, about twice what we do.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 6:13:13 AM

ArizonaBossMan

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I like the metric system. We should have taught it in the schools so we could at least be bilingual with that.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 6:23:59 AM

Lucylastic

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I am neither silly or a girl Sanity, once again you try to make me out to be inferior, which is you projecting more than vomit and bile, and it just makes you look pathetic.
Naff off and try to come up with something sensible, again look into it more than just your puppet masters.
You are posting out of your ass again, reality is as far away from your understanding as Trumps chances of being your next president.
Greed and deregulation is all you want, fuck the consequences.
Dont deny it. there is far to much proof otherwise.
Now you are dismissed,
again
Oh and ABM, you are in the same fairyloving zone, no one has ever imagined that Obama would pay anything for anyone, your points are boring and repetitively annoying.
Bah humbug to liars

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:02:10 AM

Sanity

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Yes luce, hysterical spin.

quote:

ORIGINAL: Lucylastic

I am neither silly or a girl Sanity, once again you try to make me out to be inferior, which is you projecting more than vomit and bile, and it just makes you look pathetic.
Naff off and try to come up with something sensible, again look into it more than just your puppet masters.
You are posting out of your ass again, reality is as far away from your understanding as Trumps chances of being your next president.
Greed and deregulation is all you want, fuck the consequences.
Dont deny it. there is far to much proof otherwise.
Now you are dismissed,
again
Oh and ABM, you are in the same fairyloving zone, no one has ever imagined that Obama would pay anything for anyone, your points are boring and repetitively annoying.
Bah humbug to liars

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:47:10 AM

desiertoperro

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quote:

ORIGINAL: Sanity

Which in turn affects global prices, global supply and demand

No, it doesn't, because those exports don't exist....

Virtually every drop of Canadian oil goes to the USA, and we export virtually none (there is a field in Alaska that was developed in the 60s which is contractually bound to send expots to Japan. It is not part of the TAPS system). Also, I would suppose there are some small exports from the Gulf to the Carribean.

Nor do we get the cheapest oil in the world, we buy it at World commodity prices.

Chavez and Iran have deals where they sell it for cheaper than World Market Price, in order to buy political influence.

But not to the USA.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:52:47 AM

Sanity

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Youre saying mnots a liar?

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:54:39 AM

desiertoperro

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I am only interested in the facts, not his motivation for putting out false ones....

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:55:24 AM

Lucylastic

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OMG its the blind leading the bullshitters
god help us

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:55:29 AM

Sanity

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In fairness to mnot he did admit it was just hear say

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:56:42 AM

housesub4you

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Hear is something else the GOP won't like from Krugman today

In his editorial column this morning, Paul Krugman rips the integrity of the Heritage Foundation’s reports. “Whenever there’s something the G.O.P. doesn’t like — say, environmental protection — Heritage can be counted on to produce a report, based on no economic model anyone else recognizes, claiming that this policy would cause huge job losses,” Krugman writes.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 7:59:19 AM

mnottertail

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As am I , and since I have 5 or so cousins going down to make some oil and natural gas pipeline connections in Texas for exportation, I would be interested in some credible citations of these 'facts'.

Canada - Wisconsin - Chicago refinery or Port Arthur Refinery is the ones they are working right now, and have been in that business for over 20 years.....

And they are one of many companies that do this.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 8:00:34 AM

Sanity

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Thats laughable, you leftists quoting Krugman and the New York Times is just like a conservative quoting Ann Coulter

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 8:02:51 AM

tazzygirl

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I happen to agree with Krugman on this, Sanity. Neither proposal is perfect, one is founded in fantasy, the other in reality.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 8:09:16 AM

MrRodgers

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quote:

ORIGINAL: tweakabelle

quote:

ORIGINAL: slvemike4u

quote:

ORIGINAL: tweakabelle
If it is Armageddon, can I have a front row seat please? I'd hate to miss the show.

And I don't have to dress formally do I?

CNN plans 24/7 coverage...you will not miss a bit of the doings.

"The top 25 hedge fund earners took in $22.07 billion in 2010. Thanks to a generous tax loophole these billionaires will pay a top tax rate of 15 percent instead of 35 percent. Closing that loophole on just those 25 individuals – just 25 guys who wouldn’t miss a penny of it -- would raise $4.4 billion, which is enough to rehire 126,000 laid-off teachers" *

Just an idea ..... I would have thought if people were serious about balancing the Budget and getting rid of the deficit, this is a very good place to start ......

* http://www.alternet.org/economy/150570/hedge_fund_gamblers_earn_the_same_in_one_hour_as_a_middle-class_household_makes_in_over_47_years/?page=entire

Yes, true. But we aren't here to teach, we are not here to build society, we are here to make some fucking money, it's called capitalism. Society has been built by all of the things required of business by law and with labor marginalized or CBA's being trashed, now society is being exploited, impoverished further to make money.

So those in power don't much care how they go about doing it or who it hurts or where the money comes from, they just seek the path of least resistance.

I've read BTW that Ryan's proposal adds $6 trillion MORE to the deficit over the same long term that measures Obama's. There's a damning clue hey ?

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 8:18:56 AM

desiertoperro

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quote:

ORIGINAL: mnottertail

As am I , and since I have 5 or so cousins going down to make some oil and natural gas pipeline connections in Texas for exportation, I would be interested in some credible citations of these 'facts'.

Canada - Wisconsin - Chicago refinery or Port Arthur Refinery is the ones they are working right now, and have been in that business for over 20 years.....

And they are one of many companies that do this.

Then surley you can point to evidence of these massive exports of USA Oil, or of Canadian exports to anyone but the USA.

You are correct in that there are countless pipes from Canda to the USA.

Or to the USA paying other than World market price for the Oil.

Or for anyone paying more for Oil than World Market Price (hint you can't include the shipping cost).

Ok, I looked up Port Arthur Refinery. Are you refering to Motiva, Total, or Valero. It really doesn't matter since all 3 import oil from Mexico(mostly), and refine it. making Gasoline and petro chemicals. Sure a little bit of Refined Gasoline goes back for export to Carribean nations.

The reality is that Canda exports virtually all its oil to the USa, which exports virtually zero oil.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 8:40:07 AM

mnottertail

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Then you can point out some credible citation that it is all used internally.

Thanks for your sockpuppet but just as the BP disaster in the Gulf pointed out with massive citations, most of that offshore and deepwater coastal oil is exported.

Now, the guys in the business tell me that they are making port connections down there, I believe em. You don't gotta believe me, I could give a fuck, but since you made the comment that oil costs the same to anyone (which is not truthful beyond the barrel) so it is dishonest in its foundation.....

Let us review reality. A barrel of oil is what? 42 gallons? Let us waltz thru this, so anyone can grab a little slice of life. Shell Oil owns (or leases a rig offshore or even in say oklahoma) the suck up a barrel at whatever sell it to the refinery (which they own at least a chunk of) and rebuy it to sell at a shell oil station and some bullshit mom and pop independents and they do this with their trucks, leased rail cars, and yadda yadda yadda, but note that there aint a chain of Joe the Plumber gas stations in the world......

Where is the profit opportunity? Getting it out of the ground cheap, holding for good price, refining cheap, shipping cheap, selling at the station (and at what wholesale), meantime they are heavy into the pits and hedging for and against spot and futures.......

And so on, but look ... there is no shortage, anywhere, and simultaneously just like the last manufactured 'shortage' the oil company profits are set up for records, now how does that walk in lockstep when if a business buys something at a higher price, sells it at a higher price, and keeps the same margin............

So, even with taxes then, Japan paying 12 bucks a gallon at the pump, what is the wholesale price here, there and everywhere?

On face value................no magic, it don't matter how much more you pump.......cuz there aint a shortage and the days of absolute glut are far, far behind us..........

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 9:02:48 AM

Sanity

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Still, Krugman... thats like me quoting Limbaugh

quote:

ORIGINAL: tazzygirl

I happen to agree with Krugman on this, Sanity. Neither proposal is perfect, one is founded in fantasy, the other in reality.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 9:04:27 AM

desiertoperro

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excpet I didn't say it is all used internally, I said it mostly is.

http://www.oil-price.net/

That tells you what it costs to buy oil (not products like gasoline made from oil).

then you add shipping, taxes, and production costs to find the price of a gallon of refined gasoline.

Which is not the same as oil.

THe USA is an oil importer, the largest in the world.

We export a tiny amount of OIL. We do export things made from OIL.

You made the silly claims that we export lots of OIL, and pay far less for it than others.

Both are nonsense and if you like you can try to back them up. Or not.

You have already tried to conflate Gasoline and Oil.

And I did not claim it costs the same for everyone, I stated that Places like Venezuela and Iran sell cheap for political reasons.

That you are resorting to insults and changing what I said, along with you not simply posting evidence of the Oil exports, demonstrates to all, that you know you are incorrect.

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RE: Krugman on the Obama/Ryan proposals - 4/18/2011 9:09:36 AM

Marini

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quote:

ORIGINAL: tazzygirl

You want to talk about riots and what affects people, research Watts.

And people just wont get that pissed these days.

Lady tazzy, I disagree with you on this point.

You might be surprised what "people" end up doing, it is still very early yet, and things are going to get much, much worse.

When things get worse, we can discuss what "people" will do, when many, many people's backs are up against the wall.

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