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The Manchurian President

boomerang

boomerang

Lifer
An article on the shortcomings of our dear leader. A synopsis of recent events as they relate to our president.

http://floppingaces.net/2011/02/25/the-manchurian-president-reader-post/

An excerpt:

Energy prices are skyrocketing and Barack Obama has diminished our domestic energy supply and made us even more dependent on foreign oil. He has shut off new searches for oil in the Gulf of Mexico and has curtailed several functional rigs. The Obama administration has been ordered to resume the granting of oil drilling permits but has not done so and has even been found in contempt, not that that matters. As noted here, Barack Obama picks and choose what laws he wants to uphold and screw the rest.

Meanwhile, pretty much everyone in the world is drilling in the Gulf except for the United States and at the same time the United States is financing drilling in the Gulf by Petrobas of Brazil.
Click to expand...

This man's quest to fundamentally transform our country is succeeding. The road we're on is a road traveled before. A road of misery and despair. A road strewn with death. No one can this consistently be on the wrong side of so many issues. Is he a total bumbler or a man with a mission? What will it take to depose this man?

Puppet on a string
 
Idiocy.

There is a fair criticism of amost all politicians on this: they've done nothing about the role of Wall Street speculation in driving up commodity prices, including oil.

That was the major cause of the 2008 spike - but few know that.

Go read 'Griftopia', since our media isn't talking about it either, and then post, instead of being a sheep for the oil drill agenda.
 
By the way, one of the propaganda points about Obama is 'make him seem different, un-American, scare people of their own president'.

This is why you constantly here allegations, however outrageous, that he's 'different' - Muslim, Kenyan, whatever, using 'the big lie' to prevent people from viewing him as 'our president', instead making them feel uncomfortable with him so they'll want 'one of us' to be president next election.

You serve this propaganda with your ridiculous use of the word 'Manchurian' having nothing to do with your post.

Do you know what it means? There was a movie decades ago about American soldiers captured by North Korea in the Korean war, and 'programmed' using mind control so they could be triggered agents - one was turned into a presidential assassin activated by a phone call.

"The Manchurian Candidate" was this soldier made a candidate so that he could get close to the president to kill him.

You just throw the word around like Obama is programmed by the Koreans to assassinate someone.

Like I said, idiocy.
 
So... how is he destroying this country? Because oil prices are rising? The "free market" controls oil prices, not Mr. President.
 
Obama submitted a budget he knows fully well will put this country on a course to oblivion.
It seems that union leaders are the shadow Presidents of the US and Obama has taken to meeting with lobbyists in secret places so we cannot know who owns Obama at the moment.
I listen to people tell me how much Obama cares and how he really wants what’s best for the US.

Not. Buying. It.
Click to expand...

so he based his entire argument on unfound assertions and assumptions the rest he entirely made up.

ERROR: The Manchurian President not found
 
Craig234 said:
Idiocy.

There is a fair criticism of amost all politicians on this: they've done nothing about the role of Wall Street speculation in driving up commodity prices, including oil.

That was the major cause of the 2008 spike - but few know that.

Go read 'Griftopia', since our media isn't talking about it either, and then post, instead of being a sheep for the oil drill agenda.
Click to expand...

What about the 2000 oil spike?
 
Written by some idiot who doesn't understand oil.... Drilling more oil here isn't going to have anything more than a very very small impact on world oil prices.

Very strange how people complain that Obama didn't throw his support behind the Egyptian revolutionaries. It should be really obvious that doing that allows the regime to blame the revolution on America.
 
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Those oil companies sell to the highest bidder and already export about ten percent of what they pump in the US. Allowing them to do the equivalent of strip mining and clear cutting in order to save a few cents at the pump would be shooting ourselves in the foot. You'd just pay higher taxes to deal with the aftermath while you gloat over a few pennies at the pump.

Oil is a limited resource and essentially the US is forcing other countries to reduce their reserves, pollute their environment, etc. before we do the same here. When things get desperate enough for us to do the same I have no doubt we will.
 
Throckmorton said:
Written by some idiot who doesn't understand oil.... Drilling more oil here isn't going to have anything more than a very very small impact on world oil prices.
Click to expand...

Right, we don't have any oil is what were are told. But then something comes out saying supposedly drilling off the coast of Alaska would make it the 8th largest oil producer in the world. But then we're told we should save it for when we really need it. Or its too risky to the environment. Or a million other excuses from the left on why we shouldn't go get it.

Meanwhile, the rest of the world is drilling where we should be and we sit around with our thumbs up our asses proud that we're not making any impact on the environment and saving our oil by having Brazil drill off our coasts instead of us.

BULLSHIT we don't have oil. We choose not to go get it while the rest of the world laughs and sells our own oil back to us.
 
Inigo Montoya does not approve of this thread.

Edit: Unless you're claiming he was seized, tortured and brainwashed by the Bush administration to support bad policies like the Patriot Act, TSA and War on Drugs? And that Bush is secretly Chinese?
 
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Fear No Evil said:
Right, we don't have any oil is what were are told. But then something comes out saying supposedly drilling off the coast of Alaska would make it the 8th largest oil producer in the world. But then we're told we should save it for when we really need it. Or its too risky to the environment. Or a million other excuses from the left on why we shouldn't go get it.

Meanwhile, the rest of the world is drilling where we should be and we sit around with our thumbs up our asses proud that we're not making any impact on the environment and saving our oil by having Brazil drill off our coasts instead of us.

BULLSHIT we don't have oil. We choose not to go get it while the rest of the world laughs and sells our own oil back to us.
Click to expand...

Drilling it doesn't mean WE get it. It goes on the world market just like everybody else's oil.
 
Again for the children..


Oil is a fungible commodity sold on the open market. The output differential from the recent changes would affect global prices very negligibly...



edit: throck beat me to it..
 
Throckmorton said:
Drilling it doesn't mean WE get it. It goes on the world market just like everybody else's oil.
Click to expand...

So do we import 100% of our oil? Or 0%? I don't want to hear another Democrat whine about dependency on foreign oil ever again, since we've cleared up in this thread that it simply isn't true.

Oh by the way... completely unrelated...can you please explain the difference in Brent and WTI real quick? Thanks champ.
 
Is the OP the same person that said the market would crash and burn with the Dow at 6000 due to Obama's policies, including if healthcare got passed? Good call there, I look forward to bumping this when the Obama-Chu green energy policy proves wildly successful after his 2nd term.
 
Meanwhile, pretty much everyone in the world is drilling in the Gulf except for the United States and at the same time the United States is financing drilling in the Gulf by Petrobas of Brazil.
Click to expand...

From the Foxnews article you linked:
But now Obama may start hearing cries of "foul" after the U.S. Export-Import Bank promised Petrobras, Brazil's state-owned oil company, $2 billion in loan guarantees to help finance lucrative drilling off the shores of Rio De Janeiro.
Click to expand...

DOES NOT COMPUTE. Is this another emotional tirade or was this a mistake on the part of the OP?
 
Throckmorton said:
Written by some idiot who doesn't understand oil.... Drilling more oil here isn't going to have anything more than a very very small impact on world oil prices.

Very strange how people complain that Obama didn't throw his support behind the Egyptian revolutionaries. It should be really obvious that doing that allows the regime to blame the revolution on America.
Click to expand...

It would have an effect on our local prices though.
 
Craig234 said:
-snip-
There is a fair criticism of amost all politicians on this: they've done nothing about the role of Wall Street speculation in driving up commodity prices, including oil.
Click to expand...

I've wondered about that too.

Such speculation unfairly drives prices up and put a big drag on recovering economies around the world.

But I don't believe the USA can unilaterally control such speculation, if we shut it down it would just move elsewhere.

I found an academic paper on this issue and it seems to confirm that. Looks like London is a big center for futures trading/speculation of oil. I suspect to make any headway against such speculative trading, we'd need a concerted effort by much of the world. If we and the UK shut it down, what's to prevent the market from moving to Germany, or Japan, or Hong Kong etc?

http://bakerinstitute.org/publications/EF-pub-MedlockJaffeOilFuturesMarket-082609.pdf

Fern
 
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Throckmorton said:
Written by some idiot who doesn't understand oil.... Drilling more oil here isn't going to have anything more than a very very small impact on world oil prices.
-snip-
Click to expand...

Yet even though Libya is a rather small player in Oil production, somewhere around the #20 producer, the threat of disruption has increased gas by about 30-40 cents. Accordingly, I find it facile to so easily dismiss the impact of reduced US drilling/production.

Fern
 
sMiLeYz said:
So... how is he destroying this country? Because oil prices are rising? The "free market" controls oil prices, not Mr. President.
Click to expand...

And Mr. President controls a portion of the world's supply, in this case deciding to reduce it, thus likely causing a global price increased to some extent.

Fern
 
wuliheron said:
Those oil companies sell to the highest bidder and already export about ten percent of what they pump in the US. Allowing them to do the equivalent of strip mining and clear cutting in order to save a few cents at the pump would be shooting ourselves in the foot. You'd just pay higher taxes to deal with the aftermath while you gloat over a few pennies at the pump.
-snip-
Click to expand...

First of all, it's not the equivalent of "strip mining and clear cutting".

More importantly, and something you fail to mention, our governments (fed and/or state) can generate tremendous amounts of revenue (something we badly need) through leases and royalties of up to 50% or more. Then there's the additional income tax revenue too.

Fern
 
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