Presidential Speech Most Dishonest In Decades

Quote from RCG Trader:

Based on that logic, you assert that Kruchev was right, and that America did fall without firing a shot. More people are socialist/communist than not.

That is silly, of course, but as I posted elsewhere I understand you have been traumatized, and for the sake of your sanity and worldview, have no choice but to cast Obama as a usurper and the "other". If I were in your position, I would most likely do the same, given the educational achievement you have most likely attained.:)

Oh please. Random extrapolation does not add up to a cogent argument. Personal insults just get responded to in kind. You want to go that way with me?
 
Quote from 377OHMS:

I could never understand why natty doesn't catch on. Perhaps it is the additional complexity and risk when refueling natty vehicles. But for power generation where the fuel is delivered via pipeline it makes perfect sense provided the pipelines are maintained and not overpressured like what happened in California recently.
Boon Pickens couldn't even get the country going on it after he spent a wad of money on advertising. I think he ran into that crash down to $32 oil that took everyones mind off of it. Guess what, Boon. The price is back up there!
 
Quote from pspr:

Boon Pickens couldn't even get the country going on it after he spent a wad of money on advertising. I think he ran into that crash down to $32 oil that took everyones mind off of it. Guess what, Boon. The price is back up there!

I read somewhere that he lost big big money there.
 
Quote from Ricter:

Do you honestly believe the American people are so friggin stupid that they'll blame high gas prices on Obama?
They blamed them on Bush, why wouldn't they blame Dumbo?
 
As long as oil is denominated in U.S. dollars and Bernanke keeps his vendetta against the U.S. dollar going I dont think that drilling is going to change much, besides holding the current price at the same levels. If somehow the U.S. could increase the World oil supply by 10% it wouldnt even bring oil prices down because by the time we did it, the U.S. dollar will be worth 10% less.

Quote from pspr:

Bush's problem was the Democrat controlled House and Senate. He couldn't get any drilling opened up where there are large tapable reserves. Today, with Obama, the strangle hold on drilling is even more severe.
 
Quote from Hello:

As long as oil is denominated in U.S. dollars and Bernanke keeps his vendetta against the U.S. dollar going I dont think that drilling is going to change much, besides holding the current price at the same levels. If somehow the U.S. could increase the World oil supply by 10% it wouldnt even bring oil prices down because by the time we did it, the U.S. dollar will be worth 10% less.
The dollar is a whole story on its own. But it was the commencemt of drilling that helped cause the $140 oil go to $32 quite quickly. Then we stopped and here we are again. I think that showed that just the opening of the areas with real oil reserves has a near immediate impact on price.
 
Quote from pspr:

So what is your problem today? OHMS statement makes perfect sense. Kruchev? You are reaching.

The statement that a bunch of commies elected Obama is reaching, actually.
 
Quote from 377OHMS:

Oh please. Random extrapolation does not add up to a cogent argument. Personal insults just get responded to in kind. You want to go that way with me?

Actually I misread your handle, but your statement is still false, although my response was too strong.
 
Quote from pspr:

The dollar is a whole story on its own. But it was the commencemt of drilling that helped cause the $140 oil go to $32 quite quickly. Then we stopped and here we are again. I think that showed that just the opening of the areas with real oil reserves has a near immediate impact on price.

Extra U.S. drilling had almost nothing to do with that move on oil from 140 to 32.... It was all about a collapse in the economy/assets, and a flight to safety in the USD.
 
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