| Author |
Topic:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
[Locked] |
|
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
|
I think we should pursue other energy sources, and I think we should drill.
But I don't think anyone in power really wants to drill. At least not now.
Why would they?
It might be a nice carrot to dangle in front of the people, but I don't see how it would further anyone's agenda.
The left is pushing green tech, and the right won't want the price of oil to come down until there's an (R) in the White House.
|
Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Groucho48 posted:
Brother_Tempus posted:
tenkly posted:
http://www.nytimes.com/2012/03/16/opinion/krugman-natural-born-drillers.html?_r=1
"And this tells us that giving the oil companies carte blanche isn’t a serious jobs program. Put it this way: Employment in oil and gas extraction has risen more than 50 percent since the middle of the last decade, but that amounts to only 70,000 jobs, around one-twentieth of 1 percent of total U.S. employment. So the idea that drill, baby, drill can cure our jobs deficit is basically a joke. "
Government subsidies for green energy, construction, and infrastructure does a lot worse than oil jobs
Please try to convince China of that
China is our banker ... it has tons of US dollars in its reserves that it needs to spend desperately before they become worthless ...
The downside is that like the infrastructure bubble we are now dealing with, China will eventually run of out money to maintain their expansion as well
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Brother_Tempus posted:
We are 3,000 years into this infrastructure bubble started by the Romans. It will pop one day, you'll see!
|
Scarne
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Brother_Tempus posted:
China is our banker ... it has tons of US dollars in its reserves that it needs to spend desperately before they become worthless ...
They have tons of reserves because they don't want their currency to float.
They are effectively trying to stay on a gold standard except in this case the "gold" they are trying to maintain a fixed value with is the USD. 
-----signature-----
E Pluribus Unum
|
