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Thread: WTF Is Up With The Damn Price Of Gas??

  1. #41
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    Quote Originally Posted by Jagermeister View Post
    Yes i did mean Iran.

    Anyway the had a deal on the news last night that said speculators are the real reason behind the price of gas. No shortage of supply and lower demand right now becasue it's winter. Now tell me that doesn piss you off. I'll see if I can find the story here in a bit.
    Of course it pisses me off! Libyan oil is now widely available although I think not yet in high quantities. That alone should off-set problems with Iran...
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    Does this sound familiar to anyone besides me? Why is it this administration always tries to stick it's finger in the dike instead of actually plugging the fucking hole? The last time we release oil form the reserves was great but it was to late and fuck me if we are not in a worse situation now.


    http://news.yahoo.com/geithner-says-...151801792.html

    ..WASHINGTON (Reuters) - The United States is considering a release from its strategic oil reserves, Treasury Secretary Timothy Geithner said on Friday, acknowledging the harm that supply disruptions from Iran could have on the global economy.

    Rising tensions between Iran and the West over its disputed nuclear program have fueled a rise in oil prices, pushing benchmark Brent crude above $125 a barrel on Friday.

    "There is a case for the use of the reserve in some circumstances and we will continue to look at those and evaluate that carefully," Geithner said on CNBC television.

    "Obviously Iran can do a lot of damage to the global economy," Geithner said. "We are working very carefully to try to minimize that risk, make sure there are alternative sources of supply from Saudi Arabia and others to help compensate for reduced exports from Iran."

    The United Nations' nuclear watchdog, the International Atomic Energy Agency, warned on Friday that Iran has sharply stepped up its uranium enrichment drive. The IAEA report was seen as inflaming fears in Israel, which has threatened pre-emptive strikes on Iran's nuclear sites to stop it pursuing an atomic weapons program.

    The fear of tightening supplies, exacerbated by a threat from Tehran to close the Strait of Hormuz - the main Gulf oil shipping lane - have driven oil prices higher, putting political pressure on President Barack Obama, who is running for re-election in November.

    The appetite for a coordinated opening of reserves by the United States and other nations may not be as high as last June, when Western nations agreed to release a total of 60 million barrels of oil in response to supply disruptions from Libya.

    Angel Gurria, secretary general of the Organization for Economic Co-operation and Development, said releasing reserves now would not help dampened oil prices.

    "These prices are due to a great extent ... because there is a lot of tension, these discussions every day over the Straits of Hormuz and Israel," he said on the sidelines of a Group of 20 meeting in Mexico City.

    "That would not be solved by releasing reserves."

    The International Monetary Fund flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran.

    Looming U.S. sanctions on Iran's oil buyers, as well as an impending European Union oil embargo, have forced countries to cut back on purchases from the world's fifth-largest exporter of crude, pushing up the price of the commodity.

    "A new risk on the horizon, or maybe not on the horizon, maybe right in front of us, is high oil prices," David Lipton, first deputy managing director of the International Monetary Fund, said in a presentation at the G20 gathering.

    "The situation in Iran is a risk that we have to be thinking about. Our assessment is that the global economy is not really out of the danger zone," Lipton added.

    ELECTION YEAR BACKDROP

    Obama, who is running for re-election on November 6, is under pressure, including from within his own party, to take steps to keep gasoline prices down to preserve the U.S. economic recovery.

    U.S. consumers have seen the price of fuel jump nearly 9 cents in the past week to an average of $3.61 a gallon. The cost is expected to rise further toward $4 or higher through the summer driving season.

    Geithner said part of the reason oil prices were rising was a strengthening economy, and he urged Americans to take a long view.

    "There is no quick fix to this. No short-term fix to this," he said, adding the best strategy for the United States was to continue to make long-term investments to expand U.S. production, reduce the country's dependence on foreign oil and encourage Americans to use energy more efficiently.

    The White House declined to comment about specific talks regarding a Strategic Petroleum Reserve release.

    Oil prices fell 8 percent in the days following the announcement of last year's coordinated release.

    A handful of Democratic lawmakers on Wednesday said the White House should consider tapping stockpiles again to send a message to Iran that the United States is willing to use its emergency reserves.

    David Goldwyn, who headed international energy affairs at the State Department until early 2011, said an SPR release now could be a hard sell.

    "Absent a new significant disruption, it is hard to see the justification for an SPR release, much less a coordinated release with the IEA," Goldwyn said. "Rising gasoline prices alone are not a significant justification."

    Goldwyn said one key bellweather to watch in the coming weeks will be the Obama administration's decision on whether to grant waivers to U.S. sanctions for up to 120 days for countries that buy Iranian oil.

    The decision on the waivers will require the White House to weigh in officially on whether there is enough supply for countries to stop using Iranian crude.

    (Additional reporting by Dave Graham, Timothy Gardner, Ayesha Rascoe and Samson Reiny; Writing by Jeff Mason; Editing by Eric Walsh)

    ..
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  3. #43
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    Try being from the country that supplies 90% of the US oil, but still pays more at the pumps. The hybrids will be the big sellers this year.

    www.gunderson.tv
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    we're gonna hit $1.55 ish soon. and that's PER LITRE...
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    Quote Originally Posted by Jagermeister View Post
    Does this sound familiar to anyone besides me? Why is it this administration always tries to stick it's finger in the dike instead of actually plugging the fucking hole? The last time we release oil form the reserves was great but it was to late and fuck me if we are not in a worse situation now.

    ..
    Why would we release oil from the Reserve every time oil inches up? Especially with a real threat of war in the Middle East?

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    Not surprising that Timmy the Elf would blame Iran and not his treasonous speculator friends at Gold Mansacks.
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    Quote Originally Posted by Satan View Post
    Wyoming is one of the few states where you could drive fast enough to get use out of 100 octane gas. Doesn't make much sense for a daily rush hour commute where 40 miles an hour is the top speed....and that's on the freeway.
    Put it this way. No av gas goes in anything that doesn't have Z rated tires. Also another thing I have discovered is no matter what you are driving, you really feel the ruts in the road at 140 miles an hour. You start to track in the minor depressions the big trucks put in the road. At slower speeds you hardly notice them. At 140 you do. Nothing like driving a car that there is plenty left but the road surface can't handle more speed. I would love to go to a track at lower altitude and really open her up.
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    Quote Originally Posted by Angel View Post
    Try being from the country that supplies 90% of the US oil, but still pays more at the pumps. The hybrids will be the big sellers this year.

    www.gunderson.tv
    All our oil comes from our state. Some of it's refined here. Then you have the big oil fields in the Dakotas next door. Gas should be cheap here. But we pay a high price as well.

  9. #49
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    Quote Originally Posted by Nitro Express View Post
    Put it this way. No av gas goes in anything that doesn't have Z rated tires. Also another thing I have discovered is no matter what you are driving, you really feel the ruts in the road at 140 miles an hour. You start to track in the minor depressions the big trucks put in the road. At slower speeds you hardly notice them. At 140 you do. Nothing like driving a car that there is plenty left but the road surface can't handle more speed. I would love to go to a track at lower altitude and really open her up.
    Very few high performance cars need 100-octane gas, certainly none made in the recent past. Delta Sonic sells it here for racers. For a while, Sunoco offered a 94-octane here for the very few lucky owners of Ferraris. But all engines can get by on 92 or 93. I've heard even Corvettes call that call for 93-octane can be easily run on regular 87...

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    postin here in case you turkeys missed it
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    Quote Originally Posted by jacksmar View Post
    It’s pretty simple really. When Ubama released gasoline from the SPR he was too sub-moronic to know that this is a price control. You elected a shit stain that doesn’t understand when you flush a toilet that the water goes “somewhere”.

    When this asshole tried his maneuver it forces the market price or a large percentage of transactions to take place at that price. This doesn’t work with simple supply and demand in a free market. It works great for a socialist nation but you can’t expect a retarded president to know this. The transaction price is either too high or too low.

    Look around you for a second, the people here are REALLY smart people and will get this. Everything around you at this time; where you work; the club you go to for an evening out, or your home including what’s in the fridge all have one thing in common; everything around you has “touched” a truck. Fuel was used.

    The price of fuel is too high – you stop driving. The price of fuel is too low – you use up the gas. What gets missed is that in both cases is not enough gas is sold. At the low price the gas you bought didn’t produce enough profit. It triggers exactly what you see now. At the high end, everything that “touched” a truck becomes more expensive.

    I’ve tried to explain this with Ubamacare. In 1990, the feds tried to set a new drug price level for states with Medicaid. It was typical backroom lobbying bullshit and what happened was pharma raised prices on government sales. They muscled out the low drug prices because they could produce and or buyout in bulk.

    What ultimately ends up happening is you have wasted resources and reduced entry and investment in the long haul. For example, oil drilling.
    -----------------------------------------------------------------------------------------------------


    Just a Point of reference for those that don't remember. And don't forget low gas prices tend to depress gas production. A quick show of socialist hands: how many BHOle voters need a refresher on this?
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    There's a few more relevant oil & gas industry elements at play beyond supply/demand and political manipulation...

    The gas consumed during summer seasons costs more to refine than the stuff allowed during winter. That's driven by temperature, science and environmental regulation.

    Then there's the shift where the US has become the largest fossil fuel producer in the world... as the US economy grew at record levels the last 2 years, the wholesale price of crude slowly creeped up. This freed up capital to allow US oil & gas producers to resume drilling and production again. It was extremely suppressed by the low wholesale pricing and glut of product on the market globally.

    The oil & gas companies started pumping up production to cash in on the rising pricing... they can do this rapidly now because they are sitting on tons of reserves in both light crude and natural gas. Add to that the recent cold snap the hit that US and speculators flooded the market further. Then we had a shift in the jet stream and temps moderated and usage dropped... pricing plunged again.

    I expect retail pricing to continue to drop... based on the winter weather... that will drive consumption and determine how fast or slow reserves rise or fall. Right now they are falling... that trend could change quickly but the good news for consumers is price at the pump will continue down for the next month or two...
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    The gas prices have actually fallen quite a bit here in the last couple weeks....

  14. #54
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    Maybe all we need to do to lower the prices is hack up some more journalists with bone saws?

    Trump thanks Saudi Arabia for falling oil prices: ‘Let’s go lower’
    By Emily Birnbaum - 11/21/18 08:19 AM EST
    thehill.com

    President Trump on Wednesday morning thanked Saudi Arabia for the falling price of oil, cheering the drop and urging, "Let's go lower!"

    "Oil prices getting lower," Trump tweeted. "Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!"

    Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!
    — Donald J. Trump (@realDonaldTrump) November 21, 2018
    The tweet comes a day after Trump released a statement reaffirming close ties with Saudi Arabia despite a CIA report that found Saudi Crown Prince Mohammed Bin Salman likely ordered the assassination of Washington Post contributor Jamal Khashoggi.

    "Our intelligence agencies continue to assess all information, but it could very well be that the crown prince had knowledge of this tragic event — maybe he did and maybe he didn’t!" Trump said in the statement, adding that "we may never know" who was responsible.

    Khashoggi, a U.S. resident and critic of the government in Riyadh, was killed after entering the Saudi consulate in Istanbul on Oct. 2. After changing its official account multiple times, the Saudi government acknowledged he was murdered by a team of agents who reportedly dismembered his body, which still has not been found.

    Trump in the statement indicated he believes that close financial and diplomatic ties with Saudi Arabia should override any concerns about Crown Prince Mohammed's alleged involvement in the plot.

    "The United States intends to remain a steadfast partner of Saudi Arabia to ensure the interests of our country, Israel and all other partners in the region. It is our paramount goal to fully eliminate the threat of terrorism throughout the world!" the president said.

    Lawmakers throughout the day on Tuesday pushed back on Trump's unequivocal support for Saudi Arabia.

    “The President indicates that Saudi Arabia is the lesser two evils compared to Iran and so the U.S. won’t punish Saudi Arabia for the brutal killing and dismemberment of a dissident journalist in their consulate. I disagree,” Sen. Rand Paul (R-Ky.), who has sided with Trump numerous times on foreign policy issues, wrote on Twitter.

    “I’m pretty sure this statement is Saudi Arabia First, not America First," he added.
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    $2.17 at Sam's Club yesterday. Didn't look at premium, the race car is garaged for the winter.

    https://www.cnn.com/2018/11/21/inves...bia/index.html
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    $3,487 a gallon here. Thanks to all the F A T Texans and Californians
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    Quote Originally Posted by Kristy View Post
    $3,487 a gallon here. Thanks to all the F A T Texans and Californians
    I was going to call you out on that but looked it up and Colorado has the lowest obesity rate in the US. Who knew?
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    Quote Originally Posted by Seshmeister View Post
    I was going to call you out on that but looked it up and Colorado has the lowest obesity rate in the US. Who knew?
    The altitude in the major population areas of the state makes them all bat-shit crazy to the point they forget to eat...

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    This was a little easier to follow and I've waited five years for this one. The socialists, BHOle voters especially, should understand what it is they don’t know about oil.

    Crude oil crashed last week losing 7% in one day. It is the largest drop in three years. But it made it up the very next day. And is cruising along nicely now. You got your Saudi Arabia news, you got your US oil export news, and president Trump put the squeeze on Iran without damaging world subsidies.

    Unfortunately, that’s not the good news for low prices at the pump. I’ll leave this link and pic for the BHOles voters to figure this out on their own. They’re not the sharpest drawer in the knife so let me assist them with a simple statement: Using a magic wand the Kenyon houseboy never owned, Exxon built that.






    ExxonMobil Chemical Company Begins Multi-Billion Dollar Expansion Project in Baytown, Texas

    Jun 19, 2014 - 08:00 a.m. EDT

    NYSE:
    XOM

    HOUSTON--(BUSINESS WIRE)--ExxonMobil Chemical Company announced today that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to develop oil and natural gas resources in the United States, including the merger with XTO Energy, demonstrates the company’s continuing commitment to American economic growth and job creation.

    The steam cracker will have a capacity of up to 1.5 million tons per year and provide ethylene feedstock for downstream chemical processing, including processing at two new 650,000 tons per year high performance polyethylene lines at the company’s Mont Belvieu plastics plant.

    “The project is made possible in large part by abundant, affordable supplies of U.S. natural gas for energy and chemical feedstock,” said Steve Pryor, president of ExxonMobil Chemical Company. The chemical industry and other industrial sectors account for nearly 30 percent of U.S. natural gas demand. “Shale development has provided U.S. chemical producers a double benefit as an energy source and as a key raw material to make plastics and other essential products, creating jobs and economic activity across the value chain.”

    The project will employ about 10,000 construction workers, create 4,000 related jobs in nearby Houston communities and add 350 permanent positions at the Baytown complex. It is expected to increase regional economic activity by roughly $870 million per year and generate more than $90 million per year in additional tax revenues for local communities.

    https://news.exxonmobil.com/press-re...-baytown-texas

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  22. #62
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    Quote Originally Posted by jacksmar View Post
    This was a little easier to follow and I've waited five years for this one. The socialists, BHOle voters especially, should understand what it is they don’t know about oil.
    ...
    I know more about oil than you ever will, moron. I bet you don't even change your own, keyboard pussy...

    Cutting and pasting a PR/corporate shill piece from Exxon-Mobil doesn't make you an expert on anything except being a douchebag...
    Last edited by Nickdfresh; 11-23-2018 at 09:09 AM.

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    Quote Originally Posted by Nickdfresh View Post
    I know more about oil than you ever will, moron. I bet you don't even change your own, keyboard pussy...

    Cutting and pasting a PR/corporate shill piece from Exxon-Mobil doesn't make you an expert on anything except being a douchebag...

    Chip, you know more about oil than anybody. You're the regular ARCO of the Diamond David Lee Roth Army. When I think of oil my thoughts go straight to Chip in Buffalo. The world should know this because anybody that's ever been in around the oil business should be well aware of how Chip in Buffalo has found a way to incentivize shale production in his own backyard. Mr. Ethylene.

    BHOle and BHOle voters apparently like higher gas prices. So being called a moron from a feckless BHOle voter really doesn't mean that much to me.

    2000 1.51
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    2014 3.37
    2015 2.45

    https://www.energy.gov/eere/vehicles...rice-1929-2015

    I really didn't need to provide the link. You know all this already...

  24. #64
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    Gas prices were high because of the economic catastrophe inflicted on us by the idiot you voted for in 2000 and 2004. Moron....

    BTW. When trump fucks up the economy and gas prices go up, will you still have trumps small mushroom cock in your mouth? Will you still cherrypick essentially meaningless, falsified data?
    Last edited by Nickdfresh; 11-24-2018 at 09:42 PM.

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    Quote Originally Posted by Nickdfresh View Post
    Gas prices were high because of the economic catastrophe inflicted on us by the idiot you voted for in 2000 and 2004. Moron....

    BTW. When trump fucks up the economy and gas prices go up, will you still have trumps small mushroom cock in your mouth? Will you still cherrypick essentially meaningless, falsified data?
    Chip, you leftist morons aren't even smart enough to remember BHOles Enron loophole rant. It's so amusing to watch assholes with a capitol 'Demmercat' after the name talk about something they don't understand. Speculators don't play with real oil, they play with paper oil.

    That's why there's such a huge demand for ethanol. There's such a huge shortage of ethanol that speculators just have abandoned ethanol in favor of algae, or wind, or refried beans. Speculators racing to the raceway. Definitely, drop every hard earned dollar into biofuels. It's worth the bet to payoff in 75 years.

    Prez Bush 43 was dealing with $135 barrel oil and as usual the idiots on the left and right started bitching about gas prices to the ''greedy oil" companies and had both parties of idiots calling for tax cuts. Both idiots were blaming speculators. BHOles people weren't smart enough to understand oil to know that Prez Bush 43 didn't care if it was speculators or "peak oil'. But mushroom cock prez understands it was all regulation. By the way, more investors were getting into oil during the BHOle years pushing up the prices like they always do. Funny, how the leftists never see a problem with that when it's, stocks, bonds, and property.

    For every dumbass here on the RA that doesn't know what speculators involvement is, pay really close attention to the this so you don't sound like a NickDFresh: Speculators buy contracts for future oil delivery.

    The next part may be a little confusing but its worth mentioning that those contracts reach a maturity and then there's a chance to cash out or sell the contract on to consumers. And all this info is on the NYMEX.

    Domestic production is up, Texas produces about 40% of US oil. And we're exporting. In addition, we need export terminals to ship the crude. More jobs.

    And the big news is the plant I pictured has ethylene production up 70%. They're increasing chemical manufacturing in giant way. Louisiana has 5 times the production of California. More jobs.

    Chip, the economic catastrophic was caused by multicultural and diversity loans directed by the government to the private sector for the sake of being politically correct. All bundled up. And the BHOle voters accepted bailing out Wall Street. They paid for the too big to fail Wall Street execs to get raises and bigger homes. Lehman still operates and backs their company with BIG OIL. Are you wanting to bring back occupy because you missed your chance after the Bankia bailout?

  26. #66
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    Off topic, why does Formula One race in such a far away and isolated place like Abu Dhabi? I just can't think of a reason...

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    Quote Originally Posted by jacksmar View Post
    Chip, you leftist morons aren't even smart enough to remember BHOles Enron loophole rant. It's so amusing to watch assholes with a capitol 'Demmercat' after the name talk about something they don't understand. Speculators don't play with real oil, they play with paper oil.

    That's why there's such a huge demand for ethanol. There's such a huge shortage of ethanol that speculators just have abandoned ethanol in favor of algae, or wind, or refried beans. Speculators racing to the raceway. Definitely, drop every hard earned dollar into biofuels. It's worth the bet to payoff in 75 years.

    Prez Bush 43 was dealing with $135 barrel oil and as usual the idiots on the left and right started bitching about gas prices to the ''greedy oil" companies and had both parties of idiots calling for tax cuts. Both idiots were blaming speculators. BHOles people weren't smart enough to understand oil to know that Prez Bush 43 didn't care if it was speculators or "peak oil'. But mushroom cock prez understands it was all regulation. By the way, more investors were getting into oil during the BHOle years pushing up the prices like they always do. Funny, how the leftists never see a problem with that when it's, stocks, bonds, and property.

    For every dumbass here on the RA that doesn't know what speculators involvement is, pay really close attention to the this so you don't sound like a NickDFresh: Speculators buy contracts for future oil delivery.

    The next part may be a little confusing but its worth mentioning that those contracts reach a maturity and then there's a chance to cash out or sell the contract on to consumers. And all this info is on the NYMEX.

    Domestic production is up, Texas produces about 40% of US oil. And we're exporting. In addition, we need export terminals to ship the crude. More jobs.

    And the big news is the plant I pictured has ethylene production up 70%. They're increasing chemical manufacturing in giant way. Louisiana has 5 times the production of California. More jobs.

    Chip, the economic catastrophic was caused by multicultural and diversity loans directed by the government to the private sector for the sake of being politically correct. All bundled up. And the BHOle voters accepted bailing out Wall Street. They paid for the too big to fail Wall Street execs to get raises and bigger homes. Lehman still operates and backs their company with BIG OIL. Are you wanting to bring back occupy because you missed your chance after the Bankia bailout?

    Oh fucking nonsense! The Republicans are up to their small dicks in oil money, and you're going to blame Obama for Enron? Bush? The price of oil? That's what happens when you invade the wrong country that didn't attack us on 9/11. Idiot...

    Obama! Obama! Obammmmaaaaahhh!!! Everything is his fault, right moron? He hasn't been president for two years. He inherited an economic depression while fat orange-boy inherited Obama's stellar economy. Get a life and go rake a forest with your MAGA hat on, fucknuts...
    Last edited by Nickdfresh; 11-25-2018 at 06:34 PM.

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    Quote Originally Posted by jacksmar View Post
    Off topic, why does Formula One race in such a far away and isolated place like Abu Dhabi? I just can't think of a reason...
    Because like the politicians you vote for and FIFA, they're corrupt shills whoring themselves for money...

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    Quote Originally Posted by Nickdfresh View Post
    Oh fucking nonsense! The Republicans are up to their small dicks in oil money, and you're going to blame Obama for Enron? Bush? The price of oil? That's what happens when you invade the wrong country that didn't attack us on 9/11. Idiot...

    Obama! Obama! Obammmmaaaaahhh!!! Everything is his fault, right moron? He hasn't been president for two years. He inherited an economic depression while fat orange-boy inherited Obama's stellar economy. Get a life and go rake a forest with your MAGA hat on, fucknuts...
    Fuck BHOle. Asshole had 8 years and couldn't work a wet fart out a somebody's ass with broke screwdriver.

    The unlettered tard prez on gas prices:


  30. #70
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    Quote Originally Posted by jacksmar View Post
    Fuck BHOle. Asshole had 8 years and couldn't work a wet fart out a somebody's ass with broke screwdriver.

    The unlettered tard prez on gas prices:

    You stupid blackout drunk:



    The Dow was around 6000 when Obama took office, moron. Are you so poor now that you have to worry about a few cents a gallon in your 1987 Camero mullet-mobile?

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    Quote Originally Posted by Seshmeister View Post
    I was going to call you out on that but looked it up and Colorado has the lowest obesity rate in the US. Who knew?
    Now think about that for a sec. All these F A T F U C K S who are in this state are from Texas and California. And these F A T F U C K S keep on coming here. Colorado no longer has a low obesity rate.

    Now try to piece it together. Try.

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    Quote Originally Posted by Nickdfresh View Post
    You stupid blackout drunk:

    The Dow was around 6000 when Obama took office, moron. Are you so poor now that you have to worry about a few cents a gallon in your 1987 Camero mullet-mobile?

    Proof the Kenyan Houseboy bailed out Wall Street? You must have sore legs from jumping up and down when mushroom cock cut the corporate tax rate from 35% to 21%. Sorry your egalitarian future isn't coming fast enough.

    I actually get it, Chip. You and every other BHOLe voter believe that chart is real dollars in the Dow. BHOle gave the "rich" 4 trillion and gave Washington a bonus because Washington got a break on the interest rates. That was the bond auction trick called quantitative easing. QE began in 2008. Now the fed owns 30% of the mortgages and 25% of US debt.

    So in 2020, with all the debt and those QE bonds how much money are you going to lend the Fed out your pocket to prove the Kenyan Houseboy's economy was worth inheriting?

    The mushroom cock is your best chance to get through this one whether you want it or not. You and every other BHOle voter were more than willing to get on your knees for real double digit unemployment and 2.2%(right) GDP.
    This guy has manufacturing employment up 207,000 to BHOLes down 9000. The exact opposite of what the leftists predicted, in every category.

    We'll let you get back down on your knees when he starts nationalizing industries...

  33. #73
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    Quote Originally Posted by Nickdfresh View Post
    Because like the politicians you vote for and FIFA, they're corrupt shills whoring themselves for money...

    I think you mean the FIA, my friend...

  34. #74
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    Quote Originally Posted by jacksmar View Post
    Proof the Kenyan Houseboy bailed out Wall Street? You must have sore legs from jumping up and down when mushroom cock cut the corporate tax rate from 35% to 21%. Sorry your egalitarian future isn't coming fast enough.
    He didn't "bail out Wall St." retard, at least not anymore than the previous admin did. He prevented a severe recession from turning into a depression. Something neither of the fucknuts you voted for were capable of doing.

    I have no problem with lowering the corporate tax rate, Obama favored it with the caveat that the loopholes be closed and some accountability went into where corporations set up their tax shelter bases and where they do the majority of their business. But no, I'm not in favor of a completely ignorant blanket cuts in taxes when many corps pay no taxes.

    I actually get it, Chip. You and every other BHOLe voter believe that chart is real dollars in the Dow. BHOle gave the "rich" 4 trillion and gave Washington a bonus because Washington got a break on the interest rates. That was the bond auction trick called quantitative easing. QE began in 2008. Now the fed owns 30% of the mortgages and 25% of US debt.
    You don't get anything because you're a racist moron nitpicking reasons to hate Obama while ignoring that he was a very good president that righted the ship the assclowns you worship nearly beached!

    Since when do you give a fuck about deficits?

    So in 2020, with all the debt and those QE bonds how much money are you going to lend the Fed out your pocket to prove the Kenyan Houseboy's economy was worth inheriting?

    The mushroom cock is your best chance to get through this one whether you want it or not. You and every other BHOle voter were more than willing to get on your knees for real double digit unemployment and 2.2%(right) GDP.
    This guy has manufacturing employment up 207,000 to BHOLes down 9000. The exact opposite of what the leftists predicted, in every category.

    We'll let you get back down on your knees when he starts nationalizing industries...
    Sounds like you're a retard who has no idea what he is talking about is just cutting and pasting complete bullshit...

  35. #75
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    Quote Originally Posted by jacksmar View Post
    I think you mean the FIA, my friend...
    Who gives a fuck? But actually I did mean FIFA...

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    Quote Originally Posted by jacksmar View Post
    Proof the Kenyan Houseboy bailed out Wall Street? You must have sore legs from jumping up and down when mushroom cock cut the corporate tax rate from 35% to 21%. Sorry your egalitarian future isn't coming fast enough.

    I actually get it, Chip. You and every other BHOLe voter believe that chart is real dollars in the Dow. BHOle gave the "rich" 4 trillion and gave Washington a bonus because Washington got a break on the interest rates. That was the bond auction trick called quantitative easing. QE began in 2008. Now the fed owns 30% of the mortgages and 25% of US debt.

    So in 2020, with all the debt and those QE bonds how much money are you going to lend the Fed out your pocket to prove the Kenyan Houseboy's economy was worth inheriting?

    The mushroom cock is your best chance to get through this one whether you want it or not. You and every other BHOle voter were more than willing to get on your knees for real double digit unemployment and 2.2%(right) GDP.
    This guy has manufacturing employment up 207,000 to BHOLes down 9000. The exact opposite of what the leftists predicted, in every category.

    We'll let you get back down on your knees when he starts nationalizing industries...
    That.Is.Awesome.

    Where are you getting this from? Who knew a F A T racist shithead like yourself supports corrupt as fuck multinational corporations that are constantly plundering the populations of the United States and the world to the tune of trillions of dollars by driving down and evading taxes on profits booked overseas? Who knew a F A T racist shithead like yourself supports that decisions that affect the lives of millions in America and billions around the world as long as it remains in in the hands of a parasitic financial oligarchy AND as long as they are white? Who knew a F A T racist shithead like yourself loves to have the corporate dick of multimillionaires and billionaires, personified in the repulsive figure of Trump in your grubby F A T mouth?

  37. #77
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    You wanna talk about the whorporate tax cuts? Really, jackstard? Keep sucking that trumpian kool aid that he gives a flying fuck about any of you unwashed peons that voted for him!

    GM Just Laid Off 15,000 Workers Less Than One Year After Trump Promised Tax Cuts Would Save US Jobs [Opinion]

    Chris Walker
    Less than one year after historic tax cuts, aimed toward corporations and made with promises from the White House of jobs security for Americans across the country, General Motors announced on Monday that it would be laying off 14,700 of its workers in the United States.

    According to a tweet from the Washington Post, the motor company is set to fire 15 percent of its salaried workers, as well as end production at five plants in the U.S. and in Canada.


    One of the plants that is closing, per reporting from the Chicago Tribune, is a production facility just outside of Youngtown, Ohio. Just this past summer, President Donald Trump said that jobs were coming back to the area as a result of his policies and laws passed. Trump told workers in that community not to sell their homes because jobs were “coming back.”

    Not surprisingly, Trump’s rhetoric doesn’t match the reality of the situation. In fact, just the opposite is happening: rather than jobs coming back, opportunities for workers are leaving, and workers who were once employed will soon need to find new jobs following these plants’ closures.

    Less than one year ago, Trump promised that his tax cuts — which largely benefited corporations and wealthy Americans — would spur jobs growth across the nation. “I consider this very much a bill for the middle class and a bill for jobs,” Trump said in a signing statement promoting the tax cuts in December last year. “And jobs are produced through companies and corporations, and you see that happening.”


    NBC News

    @NBCNews
    BREAKING: General Motors (GM) announces plans to slash 14,700 jobs — about 15% of its US workforce — and possibly close up to 5 domestic plants. https://nbcnews.to/2DYfDEr

    335
    10:59 AM - Nov 26, 2018
    Twitter Ads info and privacy

    GM to slash over 14,000 jobs from North American workforce
    The reduction could include the closing of up to five domestic plants.

    ...
    This is not a phenomenon that is unique to GM, which benefited greatly from the Trump tax cuts over the past year. Pfizer, AT&T, and Kimberly-Clark also laid off large portions of their workforce following the passage of the tax package, according to reporting from CheatSheet.

    The promises that these tax cuts would spur jobs growth — as well as jobs retention — were largely misplaced when Trump and others promoted the bill last year.

    We knew this before the bill was even signed into law — a survey of 42 economists last year found that only one thought that the new law would spur economic growth, and other surveys found that corporations across the country didn’t believe that the tax cuts would inspire them to hire more workers, per reporting from the American Prospect. The new law also did not place any incentives on companies to keep jobs in American — rather, it strengthened the economic motivations to move jobs offshore.

    The problems and reasons for GM laying off tens of thousands of workers may not have been avoidable. But the tax cuts that were passed last year were sold on the basis of retaining jobs in the United States, and creating more of them as well. Trump made a promise to these communities specifically that their jobs would be secure because of his tax cuts. In the end, that was a promise broken, and one that these workers shouldn’t forget any time soon.

    https://www.inquisitr.com/opinion/51...-save-us-jobs/

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    Lordstown has always been rumored to close. Even when GM made the Cavalier there, they claimed they lost money on every one.

    GM's joining Ford on the anti-sedan movement...

  39. #79
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    Quote Originally Posted by Nickdfresh View Post
    He didn't "bail out Wall St." retard, at least not anymore than the previous admin did. He prevented a severe recession from turning into a depression. Something neither of the fucknuts you voted for were capable of doing.

    I have no problem with lowering the corporate tax rate, Obama favored it with the caveat that the loopholes be closed and some accountability went into where corporations set up their tax shelter bases and where they do the majority of their business. But no, I'm not in favor of a completely ignorant blanket cuts in taxes when many corps pay no taxes.

    You don't get anything because you're a racist moron nitpicking reasons to hate Obama while ignoring that he was a very good president that righted the ship the assclowns you worship nearly beached!

    Since when do you give a fuck about deficits?

    Sounds like you're a retard who has no idea what he is talking about is just cutting and pasting complete bullshit...
    No, Cut-and-paste is your specialty. So don't get sidetracked anymore than you already have. I listened to you and every other BHOle voter tout 2.2 GDP and manufacturing jobs gone away. The leftists were as proud as the half Kenyan prez was. Always releasing positive job numbers only to have to retract them. You want to review that?

    Since you have no problem with the tax rate, I'll meet you halfway. QE has worked in the short-term. BUT it's going to take a total commitment to government fiscal responsibility to repair this. The debt you don't think I care about is looming over my oil futures, my 401(k), my bonds, and my buffalo head coin collection.

    You're right that McCain would've been status quo. Mitt Romney is a better man than BHOle and based on that I can pretty much assume he would've made a better president. Trump has managed to build up a surplus and is paying down the debt, something BHOle was never capable of getting done.

    Now, you want to address racism with me? Why haven't you commie Lib's set up your own industries so you know longer need the white man's money for your government projects? BHOle, the smartest man that ever lived according to Chip in Buffalo, should have had picture-perfect welfare by now. The modern Democrat is a socialist and all socialist are racists. No getting around that one. One of the best examples of BHOle voters racism is the collectivist forced tax program commonly known as Obamacare. Government welfare at its finest. BHOle voters love for families to be on welfare. By damaging the work ethic, it makes families dependent on government assistance. Families with children on welfare hear 3 million fewer words before the age of three. That's a great racist legacy for BHOle voters to get behind.

    So for the record, my blind, unabated, and very personal hatred of the Kenyan houseboy has more to do with how many of you feel towards jerkoffsmearass. And precisely because of all the shit stirring he did constantly, there's no going back. And you'll never be able to justify your racism. BHOle has seen to it and made sure you're stuck with it...

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    Quote Originally Posted by Kristy View Post
    That.Is.Awesome.

    Where are you getting this from? Who knew a F A T racist shithead like yourself supports corrupt as fuck multinational corporations that are constantly plundering the populations of the United States and the world to the tune of trillions of dollars by driving down and evading taxes on profits booked overseas? Who knew a F A T racist shithead like yourself supports that decisions that affect the lives of millions in America and billions around the world as long as it remains in in the hands of a parasitic financial oligarchy AND as long as they are white? Who knew a F A T racist shithead like yourself loves to have the corporate dick of multimillionaires and billionaires, personified in the repulsive figure of Trump in your grubby F A T mouth?
    You want to play with Jacksmar? Put on your Peter Chris boots and get your tits out.
    Now go get a beach ball and find five other broads with DD's to offset your A cups and get a game of keep it up going.

    Just because you are a MRSA ridden black MILF lesbian senior citizen biker for Christ doesn't mean you aren't a racist.

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