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April 24, 2006
Bush Orders Probe Into Gas Prices...

This is good to hear, but a good part of the blame for high gas prices belongs to the Democrats.

Democrats have opposed Republican efforts to encourage conservative, increase domestic energy production, and drill in ANWR. Nor can they claim to have any interest in dealing with the issue of high gas prices... Last October, zero House Democrats voted for the Gasoline for America’s Security Act, which, among other things, would have cracked down on price gouging.

UPDATE: Ted Kennedy gets hit by Greenpeace for his opposition to the Cape Wind Project.

Posted by Matt at April 24, 2006 10:26 PM



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On Capitol Hill, members of Congress are blaming oil companies for high gas prices. Politicians want
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Tracked on April 25, 2006 09:49 PM

Comments

Typical libs.

Create the conditions which paint this country into a corner when it comes to our energy independence, then cry foul when we find that we've been painted into a corner...

As if they had nothing to do with the process that got us here.

And then, there's Ted Kennedy and his surly band of super-rich inbreds. They cry about how we need alternatives, then when an alternative comes along, like wind power, they deny its implementation because .... it will ruin the fabulous view from their "compound" of Martha's Vineyard.

What a bunch of whiny, self-indulgent, pampered, so-much-better-then-the-rest-of-us creeps!

Posted by: dbogdan [TypeKey Profile Page] at April 24, 2006 11:17 PM

Here's a test question.

How many more barrels of oil can a refinery refine if the refinery is running at 100%?

So, if we can't process more than we are already processing, what would the oil companies (because they are really the ones who control the oil) do with the excess oil they have since they can't refine it in America?

I suspect they would sell it to either China or India.

How else can they afford to pay a retiree almost a half BILLION dollars as a severance package?

A half a billion dollars ! WTF, over.

As a side bar, the oil companies and the republicans as thier shills want global warming. Reason being there will be new vast areas to drill which are unaccessable now. Negotiations are already underway.

-Joe

Posted by: -Joe [TypeKey Profile Page] at April 24, 2006 11:25 PM

I'm all for new sources of energy, but what's wrong with getting more of what works now?

Nuclear, Wind, solar, and the like are great power sources once they get going. The sooner we start the better I say.

Hybrids, Fuel Cells, and the like are great ideas for new cars but just because we start switching over to them now won't end our use of gasoline in 10 years. We'll still need supplies of oil in the forseeable future so what's wrong with exploring more sources? On top of that add refining and using said sources to the list.

Posted by: Gozer [TypeKey Profile Page] at April 24, 2006 11:27 PM

Let me see if I got you here:

The Republicans have congress and the Executive branch for the last five years monopolized. Clearly anything that goes to pot is the Democrat's fault.

Republicans are the party of Personal Reponsibility?

LOL!

Posted by: DAV [TypeKey Profile Page] at April 24, 2006 11:34 PM

I too am grateful a probe was FINALLY started. Democrat Chuck Schumer called for one over a week ago.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:02 AM

"Gasoline for America’s Security Act, which, among other things, would have cracked down on price gouging."

The bill would have weakend state and federal environmental standards.It would also have given the industry assurances that lengthy government reviews and new environmental hurdles do not block refinery expansion and even prompt investors to build a new refinery.

To further sweeten the pot,it would have given the federal government greater say where a refinery and pipeline could locate.

Given all of that there were still no assurances that it would have reduced oil prices.

It was merely common sense to vote against the bill.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:19 AM

Joe, DAV, and Ash

Tell me, why haven't we built a new oil refinery in 30 YEARS!!!!???

Its you leftist environmental wackos who have blocked every attempt. So if the oil companies are at 100% capacity, and there are fuel shortages because you morons have insisted on umpteen different formulations to save the planet, don't blame the oil companies or the republicans for shotages and high high prices.

And while you're at it stop moaning about our dependence on foreigh oil, when you hypocrites have prevented any new oil drilling on our shores off our coasts.

Posted by: phnxbmed at April 25, 2006 12:28 AM

Tell me, why haven't we built a new oil refinery in 30 YEARS!!!!???

I be thinking if I received a $500 million retirement package, I'd go with door number two: If it ain't broke - and I'm making billions- don't fix it.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:46 AM

Excuse me Ash? Was that a rebuttle? Or was it one of those "but...but...but" Because PHNX is exactly right. In fact, refineries have actually decreased in number because of government restrictions and regulations, which hinders production. That's your problem. CLEAR AND SIMPLE. Do we really have to spell it out for you?

Posted by: Republican Aficionado [TypeKey Profile Page] at April 25, 2006 12:50 AM

"fuel shortages because you morons have insisted on umpteen different formulations to save the planet"

The different formulations have nothing to do with shortages. Blame China and CJ with his Dodge Ram 2500. The blends are intended to mix traditional oil and ethanol for example. Less oil in the mix, cleaner burning.

If wanting to breathe clean air makes me a whacko, then so be it.

And you will never get ANWR.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:51 AM

Read on little man, read on.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:52 AM

First of all we could drill every spot on the map in North America and we still wouldn't drill ourselves out of oil dependence. Not even close. ANWR could provide 1-2 % of our needs for 20-30 years.

Americans overwhelmingly do not see drilling our last pristine wildernesses for a year or two more of oil as being worth the price and thus why you only see drilling in ANWR as an attachment to other bills. In a straight up vote ANWR wouldn't have a chance as even republicans know they would pay a political price.

Finally, the amount of oil we could get from drilling in our pristine places would easily have been saved by increasing the CAFE standards even a couple of MPH or simply getting rid of the SUV loop hole. Republicans opposed this and have thus painted us into a corner.

Wasting fuel is an issue of national security...people do not have a right to burn it at their leisure and the government has a responsibility to enforce conservation measures as an issue of national security.

Gas prices need to be high so people conserve and switch to alternatives and windfall profits need to be collected and put directly into funding for alternatives.

Why do so called patriots who supposedly love this country want to tear its beauty up from one end to the other when a little CONSERVATISM could save some of it for those who follow?

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 12:55 AM

I understand what you are saying RepAff. I am just saying your argument is a house of cards. Or oil. That is in limited supply. That makes our breathing air unhealthy. That contributes to global warming. It is time we wake up to it and instead of building more refineries, use kickbacks and tax credits to develope alternative sources not line the pockets of oil barons.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 12:56 AM

Ash,

You nailed it. If that retired executives half billion dollars went into buying a new refinery oil supply would be up and prices down. Between the cost of the refinery and the decreased margin he might of had to get by with a quarter billion dollar package.

And then you have butt monkeys like PHX and Repub Azfish making excuses for them. The oil men love their harlots.

Those two dweebs could be real funny trying to explain how it is in the interest of Mr. Oilman to build a new refinery plant.

And if they think there are no environmental problems in building a plant that require some significant regulatory over sight they are just a bunch of uninformed nut cakes.

As one example the Gulf state refineries have been an environmental disaster in large part responsible for the deterioration of protective wetlands that could soften the blow of incoming hurricanes. They also have had major impacts on the Gulf shrimp fishing economy. There is a huge dead zone around New Orleans Gulf delta in large part do to refinery operations. And these oilmen apologist want to suggest we need less regulation....I'd like to serve them a shot of Benzene.

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 01:11 AM

"How else can they afford to pay a retiree almost a half BILLION dollars as a severance package?"

Joe

Tell me Joe, would you feel any better if he had inheritted it like Jay Rockefeller, ChappaquiDICK Ted, or Terrreeeeza?

Or married into it like John "just a gigolo" Kerry?

Or would you have feel better is he stole it from poor third world countries by ruining their currencies like George Soros?

Posted by: phnxbmed at April 25, 2006 01:24 AM

RE: "The Republicans have congress and the Executive branch for the last five years monopolized. Clearly anything that goes to pot is the Democrat's fault."

Ever here of filibusters, either actual or threatened? Even though Democrats are in the minority, they can still block legislation... and good judges too! Then too, we have the RINOs to contend with. If we ever get a 2/3 majority of real conservative Representatives and Senators... look out liberals!!!

RE: "Create the conditions which paint this country into a corner when it comes to our energy independence, then cry foul when we find that we've been painted into a corner..."
Exactly... 100% Correct!!!


The only real good that can potentially be gained by holding hearings is the opportunity for Republicans to educate the American public on everything the "Dims" have done to block and obstruct building more refineries and pipelines, building more nuclear power plants, building wind power generators in Ted Kennedy ocean side resort, drilling off our coasts and ANWR, the use of America's coal reserves, the use of America's oil shale reserves, etc., etc., etc.

Hopefully, Republican won't blow this opportunity one too! Hopefully, they will get their act together and "investigate" ever last fact and bit of information on this issue for weeks and months until every last American has heard the details about the Dims' obstructing and blocking tactics!

I'm not really hopeful though that Republicans are capable of getting their message across to the American people. The Dims are the pro's at this and the Republicans seem incapable or unwilling to learn how it's done or maintain a sustained "attack". I get more and more irritated every day watching Republicans allowing themselves to get outmaneuvered on issue after issue after issue. Republican only start fighting after the Dims have successfully painted them as the bad guys, and by that time, it's a lost cause and too late to reverse the damage from the Dims propaganda campaign or change the perception of the American public.


Ash... I wouldn't bet against drilling in ANWR if I were you. Why don't you round up all of your enviro-wackos and go hand feed the polar bears on your "pristine" patch of frozen ice and tundra and wait on the drillers to arrive!!!


It's Wal-Mart's fault anyway!

AAR

Posted by: AAR [TypeKey Profile Page] at April 25, 2006 01:34 AM

Oh oil prices, so high so high, cry me a river.

Nevermind that the price of gasoline is 20-50% taxes depending on what state you are in. Liberals complaining about their own taxes (just not in those words), how silly!

Posted by: Jonathan [TypeKey Profile Page] at April 25, 2006 02:48 AM

take note that no politico is advocating suspending taxes, nor additives from gas during this price runup.

all we get r more pablum sound bites &, oh yea...totally ineffective investigations.

gouging comes in many forms, & evidently in many colors; green, red, & blue.

Posted by: OhioOrrin at April 25, 2006 07:22 AM

Everybody just SHUT UP! We're all to blame for the prices of gasoline. Republicans, Democrats, Oil Companies, Speculators and Consumers. Let's just try some bipartisan cooperation for once and get it fixed.

Posted by: Zeke Eigeldinger at April 25, 2006 08:18 AM

Bush probing the oil industry

what a joke. This will produce results equal to that of Barry Bonds probing the steroid scandal in baseball.

you know, a lot of this could have already been "probed" when the oil tycoons came to capitol hill. Seems like the republicans felt that NOT swearing them in was a good idea for getting to the truth of the matter.

brilliant.


Oh, and the idea that the Republicans can't get anything done on this issue, because of Democrats is ridiculous. You guys run both sides of Congress, the White House, and have the most appointees on the Supreme Court. The government belongs to you, so do with it what you will, but don't blame us that you can't get Republican consensus on this issue.

dems didn't like your budget, but you got that thru. dems didn't like Alito, but you got him thru. Dems didn't like some Patriot act provisions,but you got them thru. Dems didn't like typical, blame the dems when your own party can't agree enough to pass a bill.

Posted by: dav [TypeKey Profile Page] at April 25, 2006 09:11 AM

dav

Republican cry babies can't see beyond their tears. When confronting any problem, the blame must be laid on the doorstep of the Democratic Party. That's their MO. They will never accept responsibility for the mistakes they have made.

Bush is God on earth, so is incapable of error. All those opposing him are evil and in league with the Devil, so must be held accountable.

Posted by: Canadian Observer at April 25, 2006 09:38 AM

RE: "Bush probing the oil industry"

Just giving the Dims what they want, but it's also an excellent to opportunity to expose the liberal Democrats obstructionist and blocking tactics that have made the problem worse! Let's hope the Republican can get their act together and give the Democrats what they [don't] want.

RE: "You guys run both sides of Congress, the White House, and have the most appointees on the Supreme Court. The government belongs to you, so do with it what you will, but don't blame us that you can't get Republican consensus on this issue."

So why don't you liberal Dims just raise your "white and yellow flag", cut and run, and get out of the way so that Republicans can starting fixing the damage libs have done to America over the past 50 years!

AAR

Posted by: AAR [TypeKey Profile Page] at April 25, 2006 09:55 AM

Just heard the Pres on live TV say oil companies need to invest their large profits into more refining capability.....exactely our point Mr Pres...10 years AGO (Did you get that PHX??? He 's agreeing with me and Ash not you and Repug Asfin......Just heard the Pres say we need to start conserving fuel...exactly our point Mr Pres 30 YEARS AGO!.....But us conservers of fuels are virtuous people even by Dick Cheney's standard. Just heard the pres say we need to subsidize alternative energy sources....EXACTLY OUR POINT MR PRES....30 YEARS AGO!!.
Just heard the Pres say we need not give the oil companies subsidies.......WOW WHAT A FREAKIN FORWARD THINKING DECIDER IN CHIEF WE HAVE!!!!!!!

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 10:34 AM

I think it is totally amazing that people can actually think two huge economies like China and India are growing at double digit rates and not expect an increased use of oil. Then add to that the issue in Nigeria and Iran. Then on top of that add the huge expense of adding capacity here in the US. Add on top of that the excessive taxes. The mere fact that oil companies are making more money when there is increased demand does not mean there is price gouging. I am tired of Republicans and Democrats yelling about this. These people need to take a course in economics.

Posted by: Russ [TypeKey Profile Page] at April 25, 2006 10:39 AM

AAR:

Democrats don't have to "paint" Republicans as the "bad guys" -- they are "bad guys." The country seems to be just waking up to that. But fear not, forty years down the road our children's children will have forgotten and they'll hand over the reins of government to a new gang of free marketeers.

Posted by: Salvelinus [TypeKey Profile Page] at April 25, 2006 10:44 AM

"The different formulations have nothing to do with shortages. Blame China and CJ with his Dodge Ram 2500. The blends are intended to mix traditional oil and ethanol for example. Less oil in the mix, cleaner burning.

If wanting to breathe clean air makes me a whacko, then so be it.

And you will never get ANWR."

Posted by: Ashole

Supply and demand determine price. There is pleanty of oil but no more CAPACITY TO REFINE IT becasue of you liberal morons (tautology).

You obviously know nothing about manufacturing do you pinhead? The refineries have to make several formulations, this means shutting down one process and starting another, which takes time and means lost PRODUCTION!!!

Recent SHORTAGES on the east coast were due entirely to the need to shut down stations, purge their systems and add special filters for yet ANOTHER new formulation.

BTW nitwit, this formulation was to replace the old formulation which was designed by some environmantal wacko to save the planet. After a number of years it was found to cause cancer and pollute the water supply.

Good solution ashat!!

Posted by: phnxbmed at April 25, 2006 10:46 AM

Salvelinus

RE: "...fear not, forty years down the road our children's children will have forgotten and they'll hand over the reins of government to a new gang of free marketeers."

If the liberals are allowed to run things their way America will be turned into a third rate socialist nation with no one left to support their liberal welfare state. There won't be anything left to turn over to the free market!

But I understand your "thought" process, you hope there will be still be enough left for conservatives to once again repair your damage and drag the remains up from the liberal trash heap they create!

Why don't you, Ash, DAV, and all the other liberals spend some time and read some real history and economics... not that junk put out by your liberal educators either!

AAR

Posted by: AAR [TypeKey Profile Page] at April 25, 2006 11:08 AM

muirgeo,

It all sounds good, but I wonder how serious Bush really is. He never forgets who butters his bread. And it starts with the letter haves and ends with have mores!

I hope he is serious, but will not bet the house on it.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 11:16 AM

Ah AAR, finally some insight...

"are allowed to run things their way America will be turned into....."

The fact that neither sides extreme factions ever can run things the way they want is the beauty of our system. And the reason for it's longevity.

On the one hand you would have a corporate run state, aka fascism. On the other a socialist state. Most of us are somewhere well between these extremes. The referee is the media and both sides tug and pull to advance their visions.

In the end we get what most of us are: a government somewhere in between.

It is just that now the capitalists have hogged a little too much of the rope in this game of tug of war. The liberal side of the line is pulling back harder and harder to regain ballast in the system.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 11:29 AM

Ash,

Go back and take a course in economics and history!

Try and learn and understand just a little bit about how capitalism works? Can you explain how a tax cut can actually result in more total tax dollars coming into the government and how a tax increase can result in fewer tax dollars? Can you explain how making it too easy to draw welfare and government handouts and encouraging people to remain on it actually hurts their chances and those of others in their same situation to enjoy a better and more prosperous life?

Do you think it is only the use of gasoline that is driving up the cost of oil? No, there are many, many reasons. Let's see how many you can name and discuss rationally and logically rather than blaming it on President Bush!

Do you have a retirement fund? If not, wake up and start one... don't wait for the government to take care of you. Do something for yourself. If you happen do have a retirement fund, do you have any of your investment in stocks? If not, you had better start if you want your retirement fund to amount to something over the long run... and don't give me the short term example of the dot-com bubble or some short term downturns. How many millions of Americans own shares of those oil companies in their retirement funds or just in their general stock holdings? Lots! And where will that money ultimately go when they cash in those stocks to pay for retirement, a new car, a new house, or some other consumer goods? Back into the economy -- after they have paid more taxes on the higher valuations!

And don't use the example of an oil executive getting the huge retirement package. That just shows how well capitalism works, and is not justification to go socialistic! Do I like that package. No, it irritates me too. I don't think anyone is really worth that much. I think the shareholders should do something to stop it. I want to make sure he pays his taxes on it, but I don't want to take it from him to give to others who won't work just because you think that's right! Do you think the football, baseball, and basketball players or the liberal movie stars and television stars should get those multi-multi-million dollar salaries? That irritates me just as much. Why don't we just put a cap on those salaries too? Or better yet, let's slap them with a 95% tax rate and put it in one of your liberal public handout programs!

It is capitalism that makes great countries with booming economies like ours. Do you think China's economy is growing by leaps and bounds because of socialism. No, they are becoming more capitalistic every day and their economy shows it. They are using oil too now that capitalism fuels their economic engine and provides their citizens with the jobs and salaries to buy the things that Americans have enjoyed for years. Check back and see what they had under their reign or communism. Yes, maybe everyone was equally wealthy... or rather equally poor! Now though, people and companies who want to work have a chance to excel and achieve some of their dreams... like Americans do. While you are at it, check France and Europe to see how well your socialist, hand-out nations are doing. See what happens when no one wants to work hard for a living and the government saps the life out of capitalism!

Capitalism not only butters your bread, it provides the bread, the butter, and the knife to spread it!

AAR

Posted by: AAR [TypeKey Profile Page] at April 25, 2006 12:47 PM

AAR,

There is NO capitalism here in the USA...there is corporatism. If you're a good conservative you'd understand that and join the fight to defeat it.

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 01:49 PM

muirgeo, DAV, Ash, et al are prime examples of how far the leftist-dominated educational system has fallen. They don't seem to understand capitalism, socialism, or fascism.

It's really quite sad that they presume to engage in debating on issues when they don't even understand the definitions of the fundamental concepts being discussed.

This is what 40 years of liberal education has brought to this country.

What a shame.

A mind is a terrible thing to waste...

Posted by: dbogdan [TypeKey Profile Page] at April 25, 2006 03:02 PM

dbogdan,

Let's have that discussion. I think the evidence will show that most so called conservatives are closer to fascist then most liberals are to socialism or communism.

For starters is it capitalism when political donors get quid pro quo for their donations in the form of a lucrative monetary contract.

More basically would you have a problem with say the executive of a multinational corporation giving direct cash (say $50,000) to 51 senators to vote in their favor on a particuliar bill?

The follow up is do you think this would be an example of capitalism or Corporatism?

And do you think that lobbyist ARE NOT doing this?

Posted by: muirgeo at April 25, 2006 03:13 PM

dbogdan,

Let's have that discussion. I think the evidence will show that most so called conservatives are closer to fascist then most liberals are to socialism or communism.

For starters is it capitalism when political donors get quid pro quo for their donations in the form of a lucrative monetary contract.

More basically would you have a problem with say the executive of a multinational corporation giving direct cash (say $50,000) to 51 senators to vote in their favor on a particuliar bill?

The follow up is do you think this would be an example of capitalism or Corporatism?

And do you think that lobbyist ARE NOT doing this?

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 03:14 PM

Another philosophical question for you dbogdan and any other neocons interested in attempting real debate.

Do you think it is possible to have both completely free markets and democracy?


My basic premise is that I can show that you guys are preferring free markets over democracy and then turning around and calling others communist when they are actually being more democratic then you or most neocons are.

The problem for you guys is that a truly democratic society will always tend to be a little more left then you'd want. So the ultimate fact is that you guys and your extreme ideologies makes it impossible for you to be true supporters of democracy...you are ultimately in favor of a system that leads to corporatism, fascism or a return to a feudal system.

Can any of you neocons handle such philosophical discussions...are any of you up for some real debate?

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 03:21 PM

And don't use the example of an oil executive getting the huge retirement package. That just shows how well capitalism works

That's not how capitalism works A. Thats how corpratism works. There is something between greedy capitalism and socialism.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:16 PM

"take note that no politico is advocating suspending taxes, nor additives from gas during this price runup."

False. That was suggested here in Colorado. It was eventually rejected because most people feel that the tax is needed for urgent highway repair.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:19 PM

"round up all of your enviro-wackos and go hand feed the polar bears on your "pristine" patch of frozen ice and tundra and wait on the drillers to arrive!!!"

Probable the stupidest comment on this blog, ever.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:20 PM

"there is pleanty of oil"

No there's not. You guys start name calling the more desperate you get, eh?

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:24 PM

Bottom line is AAR (A10?) I don't have to understand how an internal combustion engine works to drive a car. I just have to look at the headlines of a newspaper to see that a CEO gets a $500 million bonus. Enron is the poster child for corporatism run amuck. Yet millions of people are without health care. Inner city schools teach geography classes with 20 year old text books. Mentally ill people were sleeping in the sidewalks of Denver during a below zero cold snap. So I might suggest your corporatism doesn't work quite as well as you might think.

Oh I'm doing fine personally. Recently reached the age that I could withdraw my 401K and roll it over into a certificate of deposit. I'm not going to trust the short term performance of the market. I look forward to receiving my social security money in a few years and of course Medicare.

You talk a good game of economic understanding, but perhaps you should read a little Keynes, or Galbraith, or Krugman. You might understand there are more than Adam Smith theories out there.

Don't underestimate me A's. I'm well educated. I just disagree with your core assumptions. I think you guys show your true stripes by calling me names when I disagree with you.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:44 PM

muirgeo:

Or as I always say there if free enterprise, but no FAIR enterprise.

And the big guys always win in a free for all.

Posted by: Ash [TypeKey Profile Page] at April 25, 2006 05:46 PM

Ash,

The corporate shmucks contol the markets through elections, policy and the media. They avoid true competition manipulating these aspects of our economy and they totaly enjoy the complex tax code because in the end they pay the same PERCENTAGE of tax as you and I.

People like you and I are actually the ones speaking for fair markets and democracy while the neocons here are claiming to but are in fact supporters of fixed markets and beauracratic/corporate plundering (Corporatism). They claim to hate the government but seem to be alright with the government givin away our treasury to corporate welfare.

Notice all the well thought out replies you get when you try a philisophical discussion of the issues? These guys are nothing but raw emotion....stuck at a 4th grade level of debate which worked back then when they could bully their way through an argument.

Posted by: muirgeo [TypeKey Profile Page] at April 25, 2006 06:08 PM

Ash,

Phnxbmed stated that there is plenty of oil, but no capacity to refine it because of you liberals.

In reply, you replied: "No there's not. You guys start name calling the more desperate you get, eh?"

Well, in spite of your liberal expertise in oil exploration and drilling, I have to go with phnxbmed!

Check the various estimates and articles on the Internet. Estimates vary, but everything I have read says there are still huge oil reserves around the world, including existing and producing fields, deep wells, undersea, oil sands, oil shale, and others.

A recent CNN article -- "Ending the End of Oil" -- provides a good summary.

At the current prices for oil, production from oil sands, oil shale, deep sea wells, and new technologies for recovery from existing fields is economically profitable...

"... the U.S. Geological Survey estimate that the energy sources and technologies ... could produce 4 trillion barrels of oil--more than all the world's proven petroleum reserves right now."

"... nearly 300 billion barrels of oil still rest below the sea worldwide."

"... with an estimated 175 billion barrels of accessible oil buried in the tarlike sands ... Canada sits atop one of the largest known oil reserves in the world, two-thirds the size of Saudi Arabia's estimated 263 billion barrels."

"... Government scientists have estimated that the United States is sitting on 2.6 trillion barrels of reserves in oil shale form, spread across an area of nearly 16,000 square miles of federal and privately owned land. The oil-rich terrain is the single largest untapped petroleum reserve in the world."

"... There are still hundreds of billions of barrels of oil stranded in existing reservoirs ... [potentially] 377 billion barrels of recoverable reserves."

And then there is ANWR with an estimates of 30 billion barrels or more which will help in the short term while the oil sands, oil shale, and other technologies are ramping up production.

In addition to our oil reserves, America has enormous coal reserves which can be burned directly, or converted to a more conventional fuel through gasification and liquification.

America has enough oil, coal, and gas reserves to meet current demands for the next 300 years give or take.

Who knows. America might even become an oil exporter again!!!

So what's the big problem?

Liberals, Democrats, and enviro-wacko's!!!

They have been obstructing and ...blocking access to America's enormous energy reserves for years ...blocking new refineries, ...blocking wind energy (in Ted Kennedy's back yard), ...blocking ANWR, ...blocking more nuclear power plants, ...blocking, ...blocking, ...blocking ...blocking!

It takes time to bring America's reserves into full production. America doesn't need to wait until the next crisis before we get moving. Hopefully Congress and the American people put the liberals and enviro-wacko's on the sideline and will get on with taping America's oil, coal, and gas reserves... along with nuclear, wind, solar, bio-fuels, geothermal, fuel cells, hydrogen, and others.

Don't stand in front of those bulldozers and drilling rigs moving across the frozen artic tundra either. They might not be able to stop on that frozen ice!

Oh, I thought my comment about hand feeding those polar bears was kinda' amusing... to me anyway. Maybe it was because I was already laughing so much after reading all of those liberal comments!!!

And I try never to underestimate a liberal. I don't agree with them. I don't trust them. I don't believe them. But, I try not to underestimate them!!!

(Hopefully the imbedded link works. I've never tried it before on a B4B comment.)

AAR

Posted by: AAR [TypeKey Profile Page] at April 25, 2006 10:14 PM

muirgeo,

Capitalism = The means of production are privately held by individuals and corporations. The free market dictates the price and availability of goods;

Fascism = The means of production are privately held by individuals and corporations, but the price and availability of goods is dictated by the government;

Communism = The means of production are held by the government and the price and availability of goods are set by the government.

Any other questions?

Posted by: dbogdan [TypeKey Profile Page] at April 26, 2006 12:39 AM

From what I've heard from Chuck Schumer and his ilk, he's OK with the means of oil production and distribution being held by private companies, but seems intent on having the government set the pricing and availability of the end-product. That sounds like he's all for a Fascistic model, doesn't it?

Posted by: dbogdan [TypeKey Profile Page] at April 26, 2006 12:40 AM

Dbogdan,

That's good a couple of definitions.

Now define democracy and corporatism.

And you didn't answer any of my questions above.

Is Capitalism a form of government? Can you have Capitalism and Democracy together as you define it?

Posted by: muirgeo [TypeKey Profile Page] at April 26, 2006 09:40 AM

Democracy:
Etymology: Middle French democratie, from Late Latin democratia, from Greek dEmokratia, from dEmos + -kratia -cracy
1 a : government by the people; especially : rule of the majority b : a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections
2 : a political unit that has a democratic government
3 capitalized : the principles and policies of the Democratic party in the U.S.
4 : the common people especially when constituting the source of political authority
5 : the absence of hereditary or arbitrary class distinctions or privileges

Corporatism: noun
: the organization of a society into industrial and professional corporations serving as organs of political representation and exercising some control over persons and activities within their jurisdiction.

Capitalism is not a form of government. It is an economic model. Yes, you can have Capitalism and Democracy together as it is defined (not as I define it).

Draw your own conclusions from the definitions I've supplied for you. I'm not charging you any tutoring fee. You should have learned this in school or, understanding that you don't completely grasp the fundamentals of the terminology being discussed, gone to a dictionary yourself...

Posted by: dbogdan [TypeKey Profile Page] at April 26, 2006 05:03 PM

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