Obama compares U.S. to China and Russia

Posted by bruni on September 04, 2008

And don’t all freak out because it is Rush.

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Barack Obama’s energy policy STINKS!

Posted by bruni on September 01, 2008

Absolutely no new drilling (even though EVERY other country in the world does it).
No new nuclear plants.
His answer to high gas prices is windfall profits tax. Whatever the fuck that is…sounds like something that will just result in higher prices at the pump.

….and now his most brilliant new solution to the energy problems yet!

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Obama quote: Corporate media omissions. A deliberate decision?

Posted by bruni on August 31, 2008

Sat Aug 02, 2008 at 10:43:56 AM PDT

In the recent statement by Obama about offshore drilling, there has apparently been selective editing taking place at the AP to delete this paragraph.
Here’s an earlier release which contains the whole Obama quote.

Later versions of this AP piece leave out this paragraph, and ‘news outlets’ like the NYT are not quoting this paragraph.

"Like all compromises, it also includes steps that I haven’t always supported," Obama conceded. "I remain skeptical that new offshore drilling will bring down gas prices in the short-term or significantly reduce our oil dependence in the long-term, though I do welcome the establishment of a process that will allow us to make future drilling decisions based on science and fact."
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What the fuck is Obama doing? He better defend this shit v. offshore drilling

Posted by bruni on August 29, 2008

Obama Opens the Door to Offshore Drilling

By Jonathan Weisman
ORLANDO, Fla. — Sen. Barack Obama suggested he could accept an expansion of offshore oil drilling today if it is in a broader package of energy measures that would free the logjam on energy bills in Congress.
"My interest is in making sure we’ve got the kind of comprehensive energy policy that can bring down gas prices," Obama said in an interview with The Palm Beach Post.
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I was listening to the Rush Limbaugh show today and suddenly

Posted by bruni on August 28, 2008

Rush Limbaugh is talking on his show like normal, suddenly you get someone on the phone who yells yeehaw or something, it’s George fuckin Bush, LOL! I thought it was a satire at first, but no it’s the real thing
I read that it was some type of big anniversary or something.
I heard that, it was awesome. 20th anniversary of his show or something.

You forgot Jeb. Jeb was on too.
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To the conservatives & pro-oil republicans:

Posted by bruni on August 28, 2008

Why is it that you love oil so much and want to push so hard to bring in more oil? I don’t see you pushing for alternative energy research and merely state "nuclear is the answer" when it’s plainly clear that it isn’t. So what are you planning on doing when you’ve been pushing oil so hard and it turns out that we won’t have a drop of oil for 10-15 years?
If we’d stop subsidizing damn corn and ethanol so much, maybe alternative energy would move a little faster. Then food prices would start going down and the price of a pizza will be back to normal
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GOP remains in Congress despite the Democrats adjournment for vacation

Posted by bruni on August 26, 2008

A bit long but worth reading

Pelosi and the dems won’t let off-shore drilling up for a vote even when 70%+ of Americans are demanding it. Plus, she doesn’t want to force a vote on Obama because she knows it could be political suicide for him. House Dems turn out the lights but GOP keeps talking.

"Speaker Nancy Pelosi (D-Calif.) and the Democrats adjourned the House and turned off the lights and killed the microphones, but Republicans are still on the floor talking gas prices.
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Here’s a good read on windfall taxes and why it’s silly to levy them against Big Oil

Posted by bruni on August 24, 2008

What Is a ‘Windfall’ Profit?

August 4, 2008

The “windfall profits” tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a “windfall” profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales — or does it merely depend on who earns it?
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so we’re under $120/bbl for crude

Posted by bruni on August 20, 2008

Shit, I’m only paying 12 cents less than I was when it was at 140

Does the price of bread change every time grain prices move?

No, only when gas prices increasze.
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Repel the calls to contain competitive markets

Posted by bruni on August 16, 2008

By Alan Greenspan

Published: August 4 2008 18:54 | Last updated: August 4 2008 18:54

The surprise of recent months is not that global economic growth is slowing, but that there is any growth at all. The credit crunch of the past year has not followed the path of recent economically debilitating episodes characterised by a temporary freezing up of liquidity – 1982, 1989, 1997-8 come to mind. This crisis is different – a once or twice a century event deeply rooted in fears of insolvency of major financial institutions.
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