Saturday, May 24, 2008

Maxine Waters threatens to nationalize oil companies...

Yeah, that'll bring prices down, after all who knows more about managing an oil company than ol' Maxine...

(but Dems aren't communists, oh no...)

Equally priceless, check out the expressions on her colleagues faces. Even THEY know she's an idiot.

50 comments:

Voltron said...

Oh Will, by the way did you catch my post on Obama's Portland rally?

The reason he drew a 75k+ crowd was the opening act. A regionally famous band called "The Decembrists", who often open their show with the Russian national anthem...

Ironic no?

Will "take no prisoners" Hart said...

Hopefully, he's not as extreme as Maxine Waters. He does seem to have at least the semblance of a pragmatic side. We shall see, I guess.

Rustyridesagain said...

BHO is now wearing a flag lapel pin....how screwed up is that?

Rustyridesagain said...

A pragmatic side!!!! This guy is a raving left wing loon.Dont get caught up in those speeches og his,this guy is an empty suit.

Voltron said...

Rusty,

There is something awfully odd about the man. His meteoric rise in Chicago politics, a junior senator with only a couple of years in congress, now a real contender for the presidency?

I've been hearing comments about how all his "eloquent" speeches and flowery rhetoric are pre-written and he sounds like he's reading from a telepromter. Everytime he makes off the cuff remarks he usually steps in it.

Could he be someones sock puppet? And if so, who's pulling the strings?

Voltron said...

Anyone else notice this over at Lydia's?

There is an article on "Yahoo News" about her radio show.

She and they are acting like they've been "discovered" or something. People are congratulating her, and she's all smiles and thank you's.

But if you look, it's on "PRweb"...

Somebody PAID for it.
(Probably her or Basham)

And this from PRweb, "PRWeb, a leader in online news and press release distribution, has been used by more than 40,000 organizations of all sizes to increase the visibility of their news, improve their search engine rankings and drive traffic to their Web site."

What a disingenuous load of horse crap!

Voltron said...

I think in Hollywood they call that "shameless self promotion"...

I think there's another more crude expression as well.

Voltron said...

You know, maybe I ought to do a post on how this crap got started eh?

How to build a career on someone else's back and never say thank you?

Rustyridesagain said...

The thread reads as if Lydia wrote it herself,which I'm sure she did.She continues to trade on a sitcom thats been off the air for 20 years.She makes her living doing autograph shows with other has been "D" listers and selling 20 year old semi-nude photos of herself on the web site.As for her Ann Coulter book....she was spouting off about it hitting the shelves,that was four years ago.

Rustyridesagain said...

Moving on to B.Hussein Obama,he lucked into his senate seat,the guy running against him was going through a divorce that got really messy,he was forced to drop out while well ahead in most poles only a couple of months from election day.The Ill. republican party in its infinite wisdom thru that idiot Allen Keyes in as the replacement candidate....the rest is history.
I have a neighbor who swears Obama is in fact a "Manchurian" candidate.I dont believe that but I read an article that said the only other presidential candidate the past 100 years with as weak a resume as Obama was Jimmy Carter...we all know how well he worked out.

Rustyridesagain said...

I wonder how many times a week Mike at LC masterbates while looking at one of Lydias 20 year old posters?

Voltron said...

LOL, you do know how to cut through the bullshit don't you?

How come nobody mentions her book anymore? She's been writing the one about Ann and a couple of others now for years.

By the time she gets it published nobody will remember why it was ever written. (not that I actually believe she's writing even one anymore)

Voltron said...

I got a helluva good start on a post regarding Lydia. I just don't know wether to publish it yet or not.

Rustyridesagain said...

Once or twice a week I check out whats being said on LC.Let me say this,its scary to think some of the posters there are running around loose among the general population when they should be under lock and key while medicated.
Deluded Mike aside,there are a few true crackpots posting there,one such is some potatohead calling himself "Average Patroit" who truly believes the right killed JFK,RFK and MLK...I mean why on earth is this person running free?And then there is Larry,this idiot must be bugeyed from the time spent seeking out leftwing loony articles to cut and paste at LC.

Will "take no prisoners" Hart said...

The thing is, if Obama and a Democratic congress go too wild (ala Clinton from 92-94), the voters will elect a Republican congress in 2010 and at least we'll have some good old-fashioned grid-lock. The Clinton/Gingrich marriage (apart from the impeachment episode, of course), 1994-2000, wasn't all that bad.

Mike said...

Rustyridesagain said...
Once or twice a week I check out whats being said on LC.Let me say this,its scary to think some of the posters there are running around loose among the general population when they should be under lock and key while medicated.
Deluded Mike aside,there are a few true crackpots posting there,one such is some potatohead calling himself "Average Patroit" who truly believes the right killed JFK,RFK and MLK...I mean why on earth is this person running free?And then there is Larry,this idiot must be bugeyed from the time spent seeking out leftwing loony articles to cut and paste at LC."

You are the most pathetic gutless slug i have run across, Average Patriot and Clif BOTH served in the military, either one would kick your pathetic pansey ass Crusty.........I offered you the chance to show you got a set and that offer is still open you gutless punk we'll lock ourselves in a room cage, ring whatever and see which one of us walks out under their own power.........trouble is all you are is a gutless sockpuppet.

Its scarry to think there are delusional little freedom hating fascist like you running around who kiss GWB's and Cheney and Rove's ass and lap up whatever BS the little fascist serve you up.

Mike said...

BREAKING NEWS!

Snotty McClellan exposes the lies, treason, duplicity and political smears and propaganda of the Bush/Cheney/Rove White House and their thugs and lackeys.

The slimy smear and fear Neo Con attack machine is allready gearing up the Orwellian proganda and smear and fear machine to TRY to muddy the waters and obscure the truth.

Whats amazing is McClellan CLEARLY states he was deceived by the white House and their Neo Con cronnies and treasonous thugs and didnt realize the truth till 2 years later and all the dishonest treasonous Bush Administration and their pathetic partners in crime the compliant MSM can come up with is why didnt he speak out or resign if he didnt disagree.

HELLO, is ANDERSON COOPER AND THE MSM THAT DAMN STUPID AND IGNORANT, IF THE MAN WAS DECEIVED AND DIDNT REALIZE THE TREASONOUS LIES HE WAS BEING FED WERE NOT TRUE THEN "WHY" WOULD HE SPEAK OUT OR RESIGN.............answer me that one if he thought Bush/Cheney Rove where telling him the truth and were honorable men then WHY WOULD HE speak out, resign or challenge them privately or publicly........a man who was truly used and deceived would do just as he did and try to get the truth out to the public to ATTEMPT to salvage his reputation and what ever shreds of credibility he might have left.

Mike said...

I dont think I've EVER seen a more pathetic mSM than the cabal of idiotic stooges we have in this country.............McClellan states he was deceived by Bush/Cheney/Rove et al.........and all Anderson Cooper and the Reich Wing stooges on his stupid idiotic show can come up with is "why didnt he speak out, resign or challenge them years ago when he worked for them"................thats like if a woman is cloroformed from behind, bound, gagged and raped the attacker asks her why she didnt try to resist, escape, or say no?

Mike said...

See if McClellan was deceived and lied to and didnt realize the truth till 2 YEARS LATER then he could not be expected to speak out, resign or challenge the people he was representing till he realized the truth 2 YEARS LATER.............its really pretty simple if you have a brain............trouble is the Orwellian stooges in the Reich Wing and their partners in slime in the MSM are trying to obscure and muddy the waters for the koolaid drinking knuckle draggers, you know those 20%er's who are the backwash and dregs of society who DONT have brains and will devour what ever heaps of steaming BS the treasonous Neo Con jackasses serve them.

Mike said...

BTW, didnt McClellan just say that the war that McSame supports was based on lies and dishonest propaganda and was completely unneccessary and was a huge mistake.............kinda reflects on McSame's poor judgement and delusional foreign policy incompetence.

Mike said...

Clif said "Well, well, well, not only is St Johnny the delusional McSame listening to the very same neo-cons who created the Iraqi fiasco on how to continue that fiasco,

but now apparently he is listening to some of the very same people who created the sub-prime mess on how to sustain that mess it appears."


And he calls Obama naive and unqualified to be President..................BWAHAHAHAHAHAHAHAHA.........all we need is to elect another lying war mongering. robber barron, police state fascist to be the fox that guards the chicken coop and loots and pilages from the working class, and torches the US Constitution and the personal freedoms and privacy.

Mike said...

The Delusional John McSame only cares about him self and the treasonous Neo Con thugs who are ruining this country, if he cared about the working class, the poor and our soldiers, he WOULDNT be opposing giving the soldiers educational benefits, and wouldnt be having wealthy bankers and lobbyists, many of which played a part in the housing and mortgage crisis shape his economic policy and who support the Bush tax cuts for the wealthy at the expense of the working class.

Why does McSame hate the soldiers, the poor and the working class so much...........and why does he hate his country so much that he is willingly to lead it it down the same rode to oblivion and disaster in the Middle East that the Soviets took when they bankrupted their country and destroyed their military might by squandering their resources and getting bogged down in an unwinnable quagmire in Afghanistan all for nothing more than a pack of Neo Con lies and propaganda that would make Goebbels and Hitler proud.

Mike said...

McSame the Angry Old Man has BIG PROBLEMS, did you hear he called a 20 year old kid a "little jerk" at one of his rallies then smirked about it like he was so cute and funny............anyone that thinks that delusional fool is the least bit "Presidential" is as delusional as he is.

Mike said...

Hey Rusty are you still totally incompetent when it comes to economics, only a COMPLETE JACKASS could say that interest rates were at 40 year lows when they had risen OVER 500%...........we all know you are a retarded punk who rides the short bus but thats bad even for you.

Mike said...

Oh and for the record Rusty you gutless punk ANYTIME your feeling squirelly punk, i'd be more than happy to oblige you should you decide you have a spine instead of a big yellow streak down your back................On my worst day punk, on my worst day it would be a piece of cake to deal with you.

Rustyridesagain said...

Mike must be off his meds again,he knows the world gets a bit off kilter when he stops taking them,tisk,tisk.
Yes Mike you are an economic wizard,in fact I'd love to stop taking advice from my broker and use you for all matters financial,after all you've done so well for yourself.
As for Clif and Average Patriot, serving in the military I do thank them for thier service but when a crackpot like average patriot truly believes the conservatives killed JFK,RFK and MLK even some one as deluded as yourself would have to find that just a wee bit friggin crazy....would'nt you?
Mike,if you step back and really take a close look at what you write on these blogs,I mean with all this violent anger you have built up I hope you dont end up on a water tower with a rifle.You have to realize all this "kicking ass" stuff is'nt healthy,I mean you're almost 40 years old not in grade school.
If you're so intent on trying to beat someone up why on earth did'nt you go after that guy in Vegas that was making fun of your last and probably only girlfriend prompting her to haul ass on you never to be seen again?I kind of think your full of bluster Mike but thats nothing to be ashamed of...I guess.

Rustyridesagain said...

Mike,be truthful here,how many of those Lydia posters do you have?Did mommy let you put them on your bedroom wall?

Will "take no prisoners" Hart said...

Men, I'm sensing some hostility here. Can't we all just get along. Seriously, though, Mike, you do seem to turn on a dime.

Voltron said...

WHEW!

Will, I hope you have a chance to scroll through that little show me and Tom put on at your place.

Remember what I said about absolutely NO sense of humor?

LOL

Voltron said...

Oh and I apologize for deflkecting on your board...

Rustyridesagain said...

I checked into LC last night and low and behold both deluded Mike and Col.Klink (Clif) were there,I cant seem to decide which of them is the most idiotic...I think I'll call it a tie.
Mike is a self described "economic expert" hes got some cockamamie theory that the prime interest rate has risen 500% the past 6 or 7 years,everyone should listen to this thesis of his you'd realize what a moron this meatball is.
As for the Col., LC's resident Sgt.York,this guy lives in a
doublewide somewhere in Bumf*%k Kentucky spending the majority of his time seeking articles on the internet,no matter if they are unsubstantiated as long as they are anti-american,then cut and paste them to LC.Klink's favorite's are articles from former military officers,who like him were either drummed out of the service or forced to retire due to imcompetence and now like the typical disgruntled ex-employee's libs love to quote are taking shots at the very entity they swore to serve,in just about all cases these former officers did'nt have the wherewithal to stand up while they were wearing the uniform but to Clif they are hero's,that probably tell's you what kind of soldier he was and why he still is'nt one.
Of course all of my comments were deleted.Its comical has cowardly those two weaklings are.

Will "take no prisoners" Hart said...

Tom? I'm ready to sick Rusty after him at this point.

Will "take no prisoners" Hart said...

Another thing about Tom, don't you just hate it when people leave comments that end up being longer than the posts themselves? And they frigging parse every little word you say (the bigger picture be damned, obviously), too. It's SO frigging tiring.

Mike said...

Will "take no prisoners" Hart said...
Tom? I'm ready to sick Rusty after him at this point."

This post speaks volumes about your character and motives, so it appears if you cant use facts to counter anothers reasonable arguments and win a debate on the merits you would resort to sicking a partisan blog troll on someone that only calls names,lies,insults and attacks people personally and never uses facts or addresses the opponents arguments.......in the hope it will drive your opponent away and/or bury and deflect from their points...........that does sound like Bill O trying to silence or talk over people..........whats next, deleting comments like you cry about on other blogs?

Mike said...

Will "take no prisoners" Hart said...
Another thing about Tom, don't you just hate it when people leave comments that end up being longer than the posts themselves? And they frigging parse every little word you say (the bigger picture be damned, obviously), too. It's SO frigging tiring."

Interesting how you seem to have no problem whatsoever with Rusty the partisan blog troll going beyond parsing and outright lying and creating false arguments and positions for me and others.........just to provide a few quick examples from the past 3 threads:

1) Rusty lied and said I said interest rates have risen 500% the last 6-7 years........when he KNOWS damn well I was refering to the 2003-2006 period when interest rates did indeed rise over 500%........i've made ir abundantly clear on NUMEROUS occasions that I think Bernanke is a fool for cutting interest rates from 5 1/4% to 2%

2) Rusty has lied and stated numerous times that I oppose LNG, Nuclear power, Clean coal, building increased refineries and LNG terminals and has lied and said i support ethanol which i strongly oppose.

3) Rusty has lied and stated i support a windfall profits tax on oil companies and i want an outright tax increase when my true position is to only give them tax breaks for investing in alternate energy, renewables, increased production and infrastructure like more refineries or terminals or production equipment..........you lnow stuff that benefits the citizens of this country rather than just giving them corporate welfare.

4) Rusty has lied and stated I am some sort of pascivist or peacenik who opposes ALL wars anmd that I did not support WW2, Gulf War 1, and Afghanistan, when i have stated NUMEROUS times i do.

So in summary WILL, I have to ask you seem to cry alot about tom parsing what you say but havent raised a single objection to Rusty lying and misrepresenting MY postions, which i find very telling when you CLAIM to be fair and balanced but not only dont decry partisan lies and dishonest smears on this blog but state you want to form an alliance with said partisan troll who shuns facts and ONLY uses personal attacks, insults, dishonest strawman arguments and lies to silence or attack another blogger using facts to debate you reasonably.

Mike said...

Many people are claiming traders and speculators are what is driving up the price of oil............i think that is looking at the symptom rather than the source, much like saying a hurricane is falling trees and collapsed and destroyed houses, rather than high winds and heavy rain.

What I think is really driving the price of oil higher is that inflationary ecpectations have permeated the oil markets............countries, traders and essentially the entire world think the price of oil will keep going much higher without stopping from now on, peak oil is starting to sink in..............once inflationary expectations permeate the psychology of a market and become entrenched, anyone with money starts stockpiling that commodity and that drives up prices further which causes more entities to start stockpiling this creates a self fullfilling proficy and vicious circle is created.

Think about this for a minute, if you KNEW the price of something was going to keep rising substantially as time went on you would tend to start stockpiling and hoarding this commodity, just as China, and many other countries and speculators are doing now, particularly those countries or people with trade surpluses or free cash that is being eroded in value by declining paper currency...........the value of the dollar is declining and being eroded..........if you were a trader or sovreign country would you want to hold pieces of paper which are worth less each day and possibly on its way to becoming worthless over time as their value and purchasing power decrease, or would you want to own a commodity that is increasing substantially in value and demand and not only preserves purchasing power but increases it.

Once inflationary expectations become entrenched its very hard to stop the vicious circle that becomes unleashed............and with Helicopter Ben running the Fed I dont see that EVER happening so Mathew Simmons could be right that $500 oil could be a possibility.

Mike said...

Interesting Voltron, you've written 2 posts now on oil and been way wrong on both.........You clearly have little understanding of the oil markets.

On your first post you take outdated statistics from a PHD CANDIDATE who is most likely affiliated with or working with one of the oil companies and dont even provide the timeline of the measurement to put those statistics in context.....for example were those profitability estimates for 50 to 100 years............i'm almost positive they were NOT over the last 5 years because if they were it would not show what you want it to show that oil co's are no more profitable than most other companies.

2) you state that high oil prices are the result of speculators and traders and taxes but fail to address the REAL issues of supply and demmand and market psychology such as the embedded inflationary expectations which are CAUSING the traders and speculators to use oil as a both an investment and as protection and a store of value against both increased prices and a declining dollar.........not vice versa.

Like I said the traders and speculators are a symptom of the inflationary expectations not the source, much as hurricanes are high winds and heavy rains NOT falling trees and destroyed homes.

BTW, it seems you are the one against free markets and opposed to speculators having the freedom to invest in a market of their choosing to protect themselves from the gross economic mismanagement of the FED and Bush Admin.

Will "take no prisoners" Hart said...

I was joking, Mike. I actually think I did a pretty good job at refuting Tom. I mean, come on, the guy said that Nixon (Nixon!!) was actually responsible for the Bay of Pigs fiasco. And he never even acknowledged the wholesale slaughter by Ho Chi Minh. This Tom guy's essentially a stooge, bro.

Will "take no prisoners" Hart said...

You really don't like Rusty, do you, Mike? I have to admit that I haven't been following your fued all that closely. I'm just kind of amused by the tenor, that's all. P.S. Relax!!!

Rustyridesagain said...

O.K. Mike,give us a detailed explanation of just how the prime interset rate went up 500% from 2003 to 2006.In other words,so its clear for even you....What was the PRIME rate in 2003 and what was the PRIME rate in 2006.Now this exercise should'nt be too difficult for a wizard like you.
Why are you here looking for sympathy,you should be back at the echo chamber conversing with Klink and the rest of the lemmings.After all you dont have the delete button here when some one challenges you and your idiotic statements.

Rustyridesagain said...

Mike,you and your pals bitch and moan about the "big oil profits."
Do you know what the average R.O.I. is for the so called BIG GUYS,do you have any idea what their margins are?They are all public companys,their profit and loss statements are public knowledge.I doubt very much there is one oil company making over 10%,that would be far below what Microsoft does.An R.O.I. over 15% in considered decent go check out what the three largest oil companys are doing,the dollar profit does'nt mean much if your margin is 3%.

Voltron said...

Mike, I don't believe in "peak oil". At least not at this moment in time.

From everything I've read reserves are full. There's more than adequate supply worldwide. Even the Saudis can't understand why prices are so high.

In a recent post someone(you?) lamented that refineries were "only" operating at 85%. From the congressional testimony, that's all they NEED to run at to keep up with current demand.

And regardless of Worf's notion that "margins" only exist on the expense side, oil companies PROFIT MARGINS haven't changed.

The fact is crude is being bid up by speculators in the commodity markets. While I doubt that we'll ever see gas under two bucks again, there is a bubble there that WILL burst at some point.

More ridiculous is the fact that we are sitting on HUGE reserves that the left has legislated out of our reach.

Meanwhile, Chuck Schumer pressed one of the oil company exec's to say that if the Saudi's increased their exports by one million barrels a day the price of gasoline would go way down, However in an earlier statement he claimed that one million barrels a day from ANWR would make no difference at all.

WTF?

Voltron said...

Oh and by the way, I'm sure inflation plays a part in the price of crude as well.

AND a PhD candidate has to at least have a masters, and I haven't seen you OR clif lay a claim to that.

Also, he's NOT claiming oil companies AREN'T making a profit. I'll even go a step further and say they ARE making a HUGE profit.
That's a GOOD thing for research and development, a GOOD thing for exploration and a GOOD thing for shareholders like your retirement fund for instance.

All I'm (and he) are saying is that their profit margins are comparable to, and even LESS than many other industries.

I tried to explain this to Worf, but it was like beating my head against a concrete wall. I'll try once again if you'll follow me:

If a company has a 9% PROFIT MARGIN and in it's first year sells $100 worth of goods, it makes $9.

In the NEXT year they sell $1000 worth of goods, (maybe the price of raw materials go up or it simply sells more units) it makes $90.

Now the actual PROFIT has went up 10 fold or 1000%, but the MARGIN is still only 9%.

WHICH is again comparable or even LESS than MANY other industries, and it's GOOD for R&D, and your retirement.

BUT it also puts them in a bad situation. IF they WERE to reduce their profit margin will the feds and state governments take up the slack in new taxes? AND if there is a downturn in crude prices what will the reaction be if they again increase the margins?

I'm STILL amazed at the robber barons in congress expressing OUTRAGE that these companies are making less than HALF the money congress takes in. How dare they!

Voltron said...

I further note you claimed I got it wrong in BOTH posts.

Did Maxine NOT claim she'd nationalize the oil companies?

I know the clip from FOX can't be trusted, but it sure sounds like thats what she tried to say.

Voltron said...

On a related note, I see that Larry doesn't even read the crap he cut and pastes.

On Lydia's previous thread near the end of the comments he posted an article which at first glance looks bad for oil companies.

Problem is the first paragraph if carefully read is clearly satirical.
The article actually goes on to validate and justify the oil companies positions.

Of course I've seen him do this many times before. If the first line or two look good to him it gets posted even if it goes on to contradict and discredit his beliefs.

Or perhaps he as many liberals do is simply staking claim to both sides of an argument.

Voltron said...

AND

Clif is a supporter of big oil too. He clings to the notion of "peak oil", which is based on a 1956 paper done by the late Marion King Hubbert, a Texas geologist employed by Shell Oil. Hubbert argued that oil wells produced in a bell curve manner. Once their ‘peak’ was hit, inevitable decline followed.

Note that this was to mislead the public into believing oil was a scarce commodity to keep prices high.

Will "take no prisoners" Hart said...

Voltron, when I said that I was ready to sick Rusty on Tom, you took that as a joke, right? It seems that Mike took it literally. Is that how he usually takes stuff? He's starting to concern me (yes, that was a joke, too, Mike).

Rustyridesagain said...

Will,you have to understand a bit about Mike.First,he has no life,second,he has (eventhough he's pushing 40) a teenage crush on Lydia Cornell,third he envision's himself as some sort of economic expert but unfortunately he got his degree from DeVry not Stanford.If you read some of his postings at LC you'll see how deluded the poor soul is.

Voltron said...

Like I said Will,

Liberals have absolutely NO sense of humor...LOL

Will "take no prisoners" Hart said...

40!!! I'm obviously the old man here. P.S. I always liked the brunette on that doltish show way better. You see, I had good taste even back then (is Mike laughing?).