God Bless President Biden
- Thread starter BSC911
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The board's slowest says different than the San Fran Chronicle and everybody else. What gives?
The board's majority knows Biden declared war on US oil & gas the day he sat down in the Oval Office. How come NavigatorII can't get through to the slowest? Some of the board's slow caught on.
Fox Business just told me half Americans cannot afford a one thousand dollar emergency expense.
A combination of decades of Rat controlled government schooling and socialist program failures, then add on the Rat's economic failures, including the latest Bidenomics....
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Blue Demon-Rat controlled states and city failures are where the entire country is heading under the Rats traitorous crime syndicate families control, (O'bomba-Hillbillery-FJB, with an early assist from the Bush type RINO's).... JMOHO's of course.
With their help, the Military-Indusrial Complex (shadow govt) that Ike tried to warn us about, has pretty much completed their coup and are now running things....
The only somewhat decent Presidents in my long lifetime = JFK, Carter, Reagan, Trump.
(all 4 suffered assassinations of one type or another imo)
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KXXV-TV in Waco is now reporting ALL TIME HIGH credit card consumer debt dew to Biden tsunami inflationary wave.
The thinking recognized Biden declared war on US oil & gas the day he sat down in the Oval Office. Does anyone here believe the board's slow has figured it out yet?
Biden doing something Trump couldn’t do. And without tariffs that tax the consumer.
apple.news
Biden Restricts U.S. Investment in China — The Wall Street Journal
Biden’s order will also require U.S. private-equity and venture-capital firms to disclose certain investments
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LOL. Fake Mensa liar wrong again. Times have never been better in the industry. Record profits.
I swear you couldn’t say more stupid things if you tried.
Indeed record profits with Biden's inflationary tsunami. On Election Day I paid $1.74 per gallon for regular.
Sunny
can you or @NavigatorII explain this to the slow about Bidenomics?
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
apple.news
can you or @NavigatorII explain this to the slow about Bidenomics?
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
Americans are pulling money out of their 401(k) plans at an alarming rate — CNN Business
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
NavigatorII and I cannot get through to the board's slow. You're right about Americans tapping 401's. We have now reached ALL TIME RECORD credit card debt because of Bidenomics indflationary tsunami, as you know. Consumers are 70% of our economy.Sunny
can you or @NavigatorII explain this to the slow about Bidenomics?
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
Americans are pulling money out of their 401(k) plans at an alarming rate — CNN Business
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
Several banks have been warned about debt and commericial real estate. Many closed businesses are not paying mortgages and rent. More vehicle loans are behind than ever. Today Fox Business tells me more working Mexican Americans and Arican Americans are really getting fed up with Bidenomics.
Fake Mensa logic:
Biden destroyed the oil and gas industry, as indicated by record profits while inheriting an industry with depressed prices and record low drilling activity.
Could you say anything more idiotic? You are either trolling or are the dumbest person in history. I vote for the latter.
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The man is truly a miracle worker. I don’t know how he does it.
The U.S. economy and job market have repeatedly confounded predictions of an impending recession. Increasingly, economists are expressing confidence that inflation fighters at the Federal Reserve can pull off a rare “soft landing’’ – raising interest rates just enough to rein in rising prices without tipping the world’s largest economy into recession. Consumers are feeling sunnier too: The Conference Board, a business research group, said that its consumer confidence index last month hit the highest level in two years.
The U.S. economy and job market have repeatedly confounded predictions of an impending recession. Increasingly, economists are expressing confidence that inflation fighters at the Federal Reserve can pull off a rare “soft landing’’ – raising interest rates just enough to rein in rising prices without tipping the world’s largest economy into recession. Consumers are feeling sunnier too: The Conference Board, a business research group, said that its consumer confidence index last month hit the highest level in two years.
Hilarious. Everyone is on here talking about high gas prices and constraints on supply and your answer is… “but profits are up.” Maybe because of the high gas prices that everyone is talking about?
Funny stuff. Keep it going.
Yes, in response to the stupid claim that Biden destroyed the O&G industry. What part of that don’t you understand?
Now if you want to discuss supply and demand, give that a go. The US supply (ie production) has increased since Biden took over. US oil drilling has tripled. The Saudis have cut supply in order to increase oil prices. Russia supply has been cut as a result of boycotts. You can partially blame Biden for that.
But the biggest driver for increased prices is surging demand due to the economic recovery. Oh, the horror.
Feel free to point out where I’m wrong, and make yourself look as foolish as Sunburnt. You guys just repeat what your hear on your Righty media.
I can “partially” blame Biden for imposing sanctions on Russian oil that everybody but us ignores?
Can I “partially” blame him for selling off our reserves (at prices well below the current market) as well?
And how do you square your enthusiasm for the “economic recovery” with record levels of consumer credit debt?
Yes, because it’s only China and India that arent honoring the boycott. Pretty much everyone else is.
And you mentioned “supply constraints” in your OP. Do you realize that releasing the SPR actually INCREASES supply, not decreases it, thus helping drive down prices which have gone from $100/bbl to $70/bbl. We are also selling it at a much higher price that what we purchased it for, thus making money. A brilliant economic move. It will be replenished when prices drop, and the industry needs some support.
See what I mean about talking about things you don’t really understand?
Granted, CC debt can be a problem if not managed properly. But that is a sign that people are optimistic about their economic/job prospects. That is a banking business decision that they make freely, and is how a capitalistic system works.
Same with corporate debt. Companies take out loans in order to grow their businesses. That’s not necessarily a bad thing.
One less nut case Trumper on the street. Good riddance.
I hear Biden is coming to Utah. Digging out my old ghille suit and cleaning the dust off the m24 sniper rifle. welcom, buffoon-in-chief!
"ALVIN BRAGG. Heading to New York to fulfill my dream of iradicating [sic] another of George Soros two-but political hach [sic] DAs. I’ll be waiting in the courthouse parking garage with my suppressed Smith & Wesson M&P 9mm to smoke a radical fool prosecutor that should never have been elected. I want to stand over Bragg and put a nice hole in his forehead with my 9mm and watch him twitch as a drop of blood oozes from the hole as his life ebbs away to hell!! BYE, BYE, TO ANOTHER CORRUPT B-----D!!!" Robertson allegedly wrote in one social media post.
The time is right for a presidential assassination or two. First Joe then Kamala!!!" Robertson allegedly wrote on September 19, 2022.
Death to Joe Biden," he allegedly wrote in another social media post on September 23, 2022.
In one Facebook post, Robertson allegedly described himself as a "MAGA TRUMPER." (😂)
Another patriotic dream," he allegedly wrote. "I'm standing over Gavin Newsom with a wound above his brow and my suppressed S&W M&P 9mm still smoking. Freedom from ‘stupid’ day!!!"
FBI shoots and kills Utah man wanted for threats against Biden before president's visit
The FBI shot and killed a Utah man while agents were trying to arrest him for charges related to threatening statements targeting President Joe Biden.
www.usatoday.com
I hear Biden is coming to Utah. Digging out my old ghille suit and cleaning the dust off the m24 sniper rifle. welcom, buffoon-in-chief!
"ALVIN BRAGG. Heading to New York to fulfill my dream of iradicating [sic] another of George Soros two-but political hach [sic] DAs. I’ll be waiting in the courthouse parking garage with my suppressed Smith & Wesson M&P 9mm to smoke a radical fool prosecutor that should never have been elected. I want to stand over Bragg and put a nice hole in his forehead with my 9mm and watch him twitch as a drop of blood oozes from the hole as his life ebbs away to hell!! BYE, BYE, TO ANOTHER CORRUPT B-----D!!!" Robertson allegedly wrote in one social media post.
The time is right for a presidential assassination or two. First Joe then Kamala!!!" Robertson allegedly wrote on September 19, 2022.
Death to Joe Biden," he allegedly wrote in another social media post on September 23, 2022.
In one Facebook post, Robertson allegedly described himself as a "MAGA TRUMPER." (😂)
Another patriotic dream," he allegedly wrote. "I'm standing over Gavin Newsom with a wound above his brow and my suppressed S&W M&P 9mm still smoking. Freedom from ‘stupid’ day!!!"
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Hm. So if there is a commodity facing high demand and high prices, and I have the ability to just pump it out of the ground, the “brilliant economic move” in an increasing price environment is to sell off existing inventory at a discount to the market?
You should be on Biden’s economic team.
I know your argument strategy is to always be the last one to post but when you keep posting dumber and dumber stuff, the approach has diminishing returns.
That’s the thing. The govt. doesn’t have the ability to “just pump it out of the ground.” That’s what private oil companies do after years of research and planning.
The only avenue for a govt to quickly increase supply is to sell from existing reserves when there is a worldwide oil supply event (such as wars or embargoes), which is exactly what it was intended for. But alas it’s only a temporary solution.
But yes, I would make an excellent economic advisor thank you very much.
I will continue to post as long as you continue to make erroneous statements. Can you blame me?
As I said, feel free to contradict any of the facts I have laid out. I’ll be waiting.
First of all, this is not close to true. I’ll do some research and post from some reputable sources to demonstrate your ignorance.
Also “only China and India”? So like half the world’s oil demand? Lol.
Ah so the government can’t subsidize energy production to lower the price? Is that what you’re saying? Careful now.
Money quote:
During FY 2016–22, nearly half (46%) of federal energy subsidies were associated with renewable energy, and 35% were associated with energy end uses. Federal support for renewable energy of all types more than doubled, from $7.4 billion in FY 2016 to $15.6 billion in FY 2022.
They are significant, but not nearly half of the worlds oil demand. Not even close. And they don’t get all of their oil from Russia.
Feel free to research.
Edit. I probably should have said “mostly” China and India. Without checking, there are probably a few other minor players like Belarus
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Yes, of course they can, and do with deductions for intangible drilling costs and percentage depletion. But those tend to have longer term benefits. Releasing the SPR was a short term benefit, like I said.
Do you really think we should be increasing subsidies to the O&G industry when they are reporting record profits? That’s an odd proposition.
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