American Politics

[EihTooms]

Covid did not merely "hit".

Leaving America and the world bare ass naked against preventing or responding quickly and intelligently to Covid and then ensuring it would not be taken seriously and therefore spread faster and become the Trump's Pandemic it became WAS the Trump economic plan:

Trump economic plan ended in 2019 when Covid hit. Pre pandemic it was the greatest economy ever. China virus killed it possibly on purpose. Biden still has not gotten all the people back to work yet that were working in Trump booming economy. And Trump booming economy had $1.99 gas and zero inflation. Just compare Biden disaster to that. The numbers prove Biden is worst ever.

The former head of the CDC is seriously upset about Trumps public health cuts.
Tom Frieden says Trumps budget is unsafe at any level of enactment.
May 24, 2017

https://www.vox.com/policy-and-polit...ic-health-cuts

In essence, he added, the proposed budget would force CDC to fight epidemics and health threats with both hands tied behind their back while wearing a blindfold.

Exclusive: U.S. slashed CDC staff inside China prior to coronavirus outbreak.

https://www.reuters.com/article/us-h...-idUSKBN21C3N5

Trump administration ended pandemic early-warning program to detect coronaviruses.
April 2, 2020

https://www.latimes.com/science/stor...uses-detection

Trump disbanded NSC pandemic unit that experts had praised.
March 24, 2020

https://apnews.com/article/donald-tr...3b873e56f80e9a

Trump says China should have told us about coronavirus. He removed the official meant to do that.
A US epidemiologist was embedded with the Chinese CDC.
The Trump administration discontinued the position.
March 2020

https://www.vox.com/policy-and-polit...dc-embed-quick

Trump budget chief holds firm on CDC cuts amid virus outbreak.
March 10, 2020

https://thehill.com/policy/finance/4...irus-outbreak/

Vought came under intense questioning from Rep. Matt Cartwright (D-Pa.) at a hearing about President Trumps 2021 budget request. It proposed cutting Health and Human Services funding by $9.5 billion, including a 15 percent cut of $1.2 billion to the CDC and a $35 million decrease to the Infectious Diseases Rapid Response Reserve Funds annual contribution.

The question I have is, are we prepared to fight pandemics if we cut from programs that are specifically designed to prepare for them, including the coronavirus? Cartwright asked.

Ya' see, Trump did that to the world because he is such a brilliant businessman:

Trump Defended Cuts to Public-Health Agencies, on Video.
In a press briefing, the president said of public-health professionals, I dont like having thousands of people around when you dont need them.

https://www.theatlantic.com/ideas/ar...encies/608158/

But video footage resurfaced Tuesday by the British newspaper The Independent makes clear Trumps thinking on public-health agencies.* You have consistently called for enormous cuts to the CDC, the NIH, and the WHO, a White House reporter tells Trump. Youve talked a lot today about how these professionals are excellent, are critical, are necessary. Does this experience give you pause about those cuts?

No, Trump responded. We can get money, we can increase staffwe know all the people. This is a question I asked the doctors before. Some of the people we cut, they havent used for many, many years, and if we have ever need them we can get them very, very quickly. And rather than spending the moneyIm a business person. I dont like having thousands of people around when you dont need them. When we need them, we can get them back very quickly.

After all, his other brilliant business decisions only cost American taxpayers $2. 5+ Trillion to produce this highpoint of the Trump presidency, which you laughably referred to as the "greatest economy ever":

U.S. Economic Growth Slowed In 2019 To 2.3%
January 30, 2020

https://www.npr.org/2020/01/30/80098...in-2019-to-2-3

Granted, 2019 was a damn sight better economy than the one all of Trump's other disastrous economic decisions and stewardship threw into Biden's lap to fix by the end of his horrific so-called presidency. But "the greatest ever"? It wasn't even in the top half of the previous 11 presidencies. Way, way, way worse than Carter's.

[Elvis 2008]

You are correct, it is cheaper to pipe oil than rail it but that is not the case being made by Canada et al. They are arguing that Keystone XL would deliver more oil which it would not under the production capacities.

But you can also sell what you can deliver. If you cut the ability to deliver, especially the lowest cost way to deliver, you cut supply to market and therefore raise the price. Period. And that is what Biden did.

Even if there is a pipeline shortage in Texas, production is 1 m bpd less than peak so there is sufficient capacity to increase production without adding Capacity. Pipelines in Texas are governed by Texas and not a federal issue.

That was two or three years ago. I am not sure what it is now. The reason there was a pipeline shortage was how much oil was being produced. It exceeded what everyone imagined, and the region then was the biggest boom town I had ever seen. The needed pipelines were being produced as fast as humanly possible.

The ability for the USA to be energy independent and the technology developed to do that was a black swan, a beneficial event every bit as big as the internet and big tech that followed it. It allowed us to completely change foreign polices that were so damning. We were funding countries which actively supported terrorism, and we had to in order for our economy to thrive.

Biden's polices on oil and energy is pissing that enormous gift and blessing away. It is as dumb of a policy as I have ever seen in my life, and demonizing oil companies as he and Elizabeth Warren have been doing is just beyond stupid.

[MarquisdeSade1]

Spin spin spin as fast as you can. We'll still catch you as the "Republican Party" man.

If your "Bothsiderism" helped to produce more Democratic Party wins than Republican Party wins and therefore more economic boom times for America rather than Great Repub Crashes, Recessions and Massive Jobs Destruction, you'd drop that pretend "Bothsiderism" nonsense in a nanosecond.

You bring up cults you sound like a Jehovah LOL.

I used to be a member of the ACLU in the 80's.

Today I would gladly join armed conflict to erase them.

[Cali Guy]

It seems that Oil companies haven't heard your assessment as they are stating their current focus is return on investment.

LOL regarding buying oil stocks when the smart money is buying lithium and rare earths and making 5 -10 times. Lithium prices are up 10 fold in the last year. But you just keep thinking you are smart!

Really? You think Smart money is buying lithium this last year? Smart money bought lithium 3 or 4 years ago. Every top managed fund in USA has been buying lithium stocks for the last 3 or 4 years. You are a typical non investor who always has the great stock pick a year too late. I think I will stick to my analysts who gave me this information 3 years ago than listen to your stupidity.

[ScatManDoo]

Trump economic plan ended in 2019 when Covid hit. Pre pandemic it was the greatest economy ever. China virus killed it possibly on purpose. Biden still has not gotten all the people back to work yet that were working in Trump booming economy. And Trump booming economy had $1.99 gas and zero inflation. Just compare Biden disaster to that. The numbers prove Biden is worst ever.

TrumpShit's economic plan in 2019 & 2020 was to ignore the virus that shit purposefully left the United States vunerable to.

TrumpShit's economic plan for 2019 and 2020 was a total disaster that CaliGuy admits the United States still has not fully recovered from after Joe Biden's record breaking fast job gains.

I agree that TrumpShit left things far worse than when he started.

And TrumpShit's primary attack on 12 incumbent republicans will keep the GOP a defeated minority party in 2022 and beyond.

[Canada]

It seems that Oil companies haven't heard your assessment as they are stating their current focus is return on investment.

LOL regarding buying oil stocks when the smart money is buying lithium and rare earths and making 5 -10 times. Lithium prices are up 10 fold in the last year. But you just keep thinking you are smart!

I do own 3 lithium stocks that I bought 2 years ago. I actually tried to buy a start up lithium project with a couple friends of mine but prices got too crazy too quick. I bought $100,000 each of 3 lithium stocks almost 2 years ago. Lithium Americas, Albemarle and Livent. Yes they have all done well since I bought them. Fortunately I am up over $500,000 but I bet you didn't buy them 2 years ago. And I bet you didn't buy oil stocks a year ago. The smart money diversifies. Obviously you are not an investor.

[Canada]

Yep. They are "breathing their own exhaust". The following is a month old but the telling portion of the report is: "They can sit with their feet up right now, with money flowing into their pockets, while hardly working," said Rafi Tahmazian, portfolio manager at Canoe Financial in Calgary, which owns shares in oil sands producers. "Why would they want to be a growth business again?" https://www.reuters.com/business/ene...th-2022-03-03/.

But the wingers are "all in" on the API "drill, baby, drill" propaganda.

Canada and USA governments are the big problem for oil and gas investors. When you get stupid leaders like Trudeau and Biden investors have to be wary that both leaders will continue to punish their domestic energy. But Trudeau and Biden don't have to worry about inflation and high gas prices. All they have to worry about is keeping their big con job going on their citizens. As long as stupid voters keep voting for them they can live the high life and drive their countries into ruin.

[Cali Guy]

Trump's economic decisions had wiped out millions upon millions of jobs in the USA and around the world, destroying global Supply Chains along the way by January 20, 2021.

Even the imaginary Santa Claus in the sky with his talking snake that I know you believe in could not have waved a magic Christmas wand and produced a recovery from Trump's colossally disastrous economic stewardship results without triggering significant inflation.

Economic conditions today are many multiple times better than when Trump was wiping out more jobs than had been created several years before he became so-called potus on his way out.

Trump economic plan ended in 2019 when Covid hit. Pre pandemic it was the greatest economy ever. China virus killed it possibly on purpose. Biden still has not gotten all the people back to work yet that were working in Trump booming economy. And Trump booming economy had $1.99 gas and zero inflation. Just compare Biden disaster to that. The numbers prove Biden is worst ever.

[Cali Guy]

Well unlike you I am a mineral processing engineer whose expertise processing minerals. Drilling 100 m holes for mineral resource exploration is much different form drill holes several thousand meters for exploring and extracting oil via the drill hole. Canadian oil sands are mined. See the simple little video put out by none other than the Canadian oi industry. https://www.youtube.com/watch?v=cxiA40XHF0I, and here is a factual quotation for you about costs:

Oil sands are among the world's most expensive hydrocarbon resources, and the heavy, sulfur-rich crude fetches a lower price than the "light sweet" crude that sets the benchmark for the value of oil. In mid-February, a barrel of Western Canadian Select was selling at $12/ barrel less than the USA Benchmark, West Texas International (WTI crude). (See real-time prices.).

The oil sands industry has been walking a difficult balance between the high cost of production and its value on the open market. In 2014, the cost to produce oil sands crude was more than $60 per barrel (expressed in WTI terms), but improvements and efficiencies have brought costs down to $46 to $53 per barrel, according to one estimate, and the mid $40's, by another. Nevertheless, the margins are thin in the best of times, and the industry incurred billions in debt in 2020 when a barrel of Canadian crude was worth less than a bottle of inexpensive wine..

Investors know that oil companies will make large profits with oil over $100 a barrel. Just like savvy investors knew that when Biden started killing pipelines and drilling a shortage would happen and OPEC and Saudi would start raising prices. The real threat is going to be when Biden wipes out the USA strategic reserve of oil and OPEC and Saudi know we don't have emergency oil. If Biden continues to delay drilling and kill pipelines experts say oil will get to $170 a barrel. No financial firm believes this so Biden will probably open up drilling in USA.

Every smart investor is diversified and invests in oil and gas, financials, mining and every phase of the market but analysts try to advise which sector to invest in before the market reacts and a year ago they analyzed what Biden policies would do and recommended buying oil stocks and oil futures. I personally stay away from oil futures but my recommendations to my clients were oil companies and select service companies. About 70% of my clients loaded up on them and made over 100% returns over the last 12 months. 30% didn't believe it. I believe in wealth creation and my clients are doing very well. I have some very liberal diehard environmentalists customers that absolutely won't invest in oil and gas and their portfolios are down 2% this year. Not bad considering the screwup Biden has created.

USA is going to use more oil and gas over the next 10 years. Regardless of EV oil demand is still increasing over next 10 years. We are either going to produce it domestically cheaper and buy from Canada or we are going to buy from our enemies at double the price. Biden is dumb. He thinks he is supporting green energy by killing oil industry. In fact we don't have adequate green energy yet and families are going into poverty because of Biden policies. That is a fact whether you like it or you don't.

[EihTooms]

You low IQ rube, so you don't want the full picture, you just want to hear propaganda from the agitators of this conflict?

Seriously? Maybe you should grow up and try to think like an adult, and take in all information and make an informed decision like an intelligent adult.

Instead of just being spoon fed with the Davos crowd want you to believe is the the "only truth".

I hate the NYT but I read it everyday, any guesses why?

I look for the truth in every direction, why.

Because I have something called a brain, and I use something called critical thinking skills.

I am not a partisan..

Spin spin spin as fast as you can. We'll still catch you as the "Republican Party" man.

If your "Bothsiderism" helped to produce more Democratic Party wins than Republican Party wins and therefore more economic boom times for America rather than Great Repub Crashes, Recessions and Massive Jobs Destruction, you'd drop that pretend "Bothsiderism" nonsense in a nanosecond.

[MarquisdeSade1]

Accept what? What's that mysterious IT that am I supposed to accept, LOL?

And yes you're right. Calling you clowns doesn't make the truth any less true. For people seeking "the truth" in Sputnik or RT are clowns.

Sad ones.

https://dailyreckoning.com/what-happened-to-liberals/

[MarquisdeSade1]

You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.

Rickards: I've never heard so many lies.

All wars are full of lies. Winston Churchill famously said, "In wartime, truth is so precious that she should always be attended by a bodyguard of lies."

https://dailyreckoning.com/rickards-...-so-many-lies/

[MarquisdeSade1]

Yep. They are "breathing their own exhaust". The following is a month old but the telling portion of the report is: "They can sit with their feet up right now, with money flowing into their pockets, while hardly working," said Rafi Tahmazian, portfolio manager at Canoe Financial in Calgary, which owns shares in oil sands producers. "Why would they want to be a growth business again?" https://www.reuters.com/business/ene...th-2022-03-03/.

But the wingers are "all in" on the API "drill, baby, drill" propaganda.

https://www.newsmax.com/larrybell/re...04/id/1064166/

Buckle up, the red Tsunami is already roaring!!

[MarquisdeSade1]

https://mepc.org/speeches/saudi-arab...price-collapse

Cost of oil production varies. Saudis need about $70 a barrel to pay for all their bling etc even though it costs them pennies to extract it. When oil prices are high, they take it from the the tough areas. When they are low, they take it form the easily accessible areas.

Pipeline politics is for the USA to control the world. Russia and China will hopefully save the world and Germany is prepared to fall on an American sword.

Although the world would be better off without the USA, there could be a different play afoot here, to wit to bring rationing etc in as a matter of policy, per the World Economic Forum.

Lidl, one of the world's biggest chains and a German colossus, are putting up prices by 50% tomorrow I believe. The Greens, the Americans' Trojan horse, do not help matters.

Disney must be fucked with the higher gas prices.

Tell me, Americans, how are those lines (queues) doing? They were very long at food banks etc during the Covid layoffs. How stand they now? Is Joe Schmuck fucked?.

https://www.newsmax.com/mikehuckabee...04/id/1064251/

[GDreams]

You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.

It seems that Oil companies haven't heard your assessment as they are stating their current focus is return on investment.

LOL regarding buying oil stocks when the smart money is buying lithium and rare earths and making 5 -10 times. Lithium prices are up 10 fold in the last year. But you just keep thinking you are smart!