President Joe Biden

watfly said:
Off the top of my head...suspend the Federal gas tax which would also put pressure on states to follow suit.
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That would be under $0.20 per gallon, so it wouldn't move the needle (sic) much and I assume that's something Congress would have to approve, so chances are it wouldn't happen, as they wouldn't agree on what tomorrow is called, never mind do something collectively to benefit the nation.

IMV, we're in the land of self-professing prophecies, i.e. the Fed (inflation is their job) are cranking up rates, so the expectation is that it will impact on businesses and investment, so a selloff has started in anticipation which is feeding itself.

Neither inflation or oil prices are going to come down in the short term, and there's little to nothing that anyone can do to bring either down quickly without risking crashing the economy or screams of socialism.
 
whatithink said:
That would be under $0.20 per gallon, so it wouldn't move the needle (sic) much and I assume that's something Congress would have to approve, so chances are it wouldn't happen, as they wouldn't agree on what tomorrow is called, never mind do something collectively to benefit the nation.

IMV, we're in the land of self-professing prophecies, i.e. the Fed (inflation is their job) are cranking up rates, so the expectation is that it will impact on businesses and investment, so a selloff has started in anticipation which is feeding itself.

Neither inflation or oil prices are going to come down in the short term, and there's little to nothing that anyone can do to bring either down quickly without risking crashing the economy or screams of socialism.
Click to expand...
Doing nothing is not a solution. I don't profess to be an expert but we can also reverse Biden's restrictions on drilling and restore Keystone . Oil trades on futures and that would have some impact. Yes we can't bring it down quickly, but we need to chip away at it. Right now the problem isn't bringing it down, its stopping out of control inflation. Correct me if I'm wrong, but I believe gas has gone up everyday something like 39 out of the last 40 days and there is no end in sight. The longer you do nothing the longer the problem will exist.
 
watfly said:
Doing nothing is not a solution. I don't profess to be an expert but we can also reverse Biden's restrictions on drilling and restore Keystone . Oil trades on futures and that would have some impact. Yes we can't bring it down quickly, but we need to chip away at it. Right now the problem isn't bringing it down, its stopping out of control inflation. Correct me if I'm wrong, but I believe gas has gone up everyday something like 39 out of the last 40 days and there is no end in sight. The longer you do nothing the longer the problem will exist.
Click to expand...
Sure, my point is only that there is no short term fix on either inflation or gas. The Fed will put up rates this week, possibly a large increase which the market is reacting to (in advance). They should. They also need to balance not crashing the economy.

On oil, there's no incentive for oil companies to drill because they are making bank with current prices. Basically, you are asking them to increase production to reduce revenue/profit per unit, which seems a bit weird. The lag time is also long and you'd have to increase refinery capacity etc. The full impact of the Russian sanctions may not have hit yet either wrt the price of oil - which ironically benefits Putin as he doesn't have to export as much to get the same $ value back and while he still has China/India as export markets, he's not impacted as much (and doesn't give a crap anyway it appears), but I digress.

I read today that basically oil production was at 100m barrels a day pre-pandemic. It reduced during the shutdown and is still 1-2M barrels a day short of the 100m, and that's part of the fundamental problem and price adjustment (supply/demand). Opec or the Saudi's could fix that in a week, but they have zero incentive to do that with the price of oil at its current level. The major western oil companies have zero incentive to fix it either.

It's just capitalism.
 
S&P 500 Falls Into Bear Market: Live Updates
Stocks dropped around the world, investors dumped government bonds and cryptocurrencies crashed as the U.S. stock market fell more than 20 percent from its January high.

www.nytimes.com

S&P 500 Falls Into Bear Market (Published 2022)

Stocks dropped around the world, investors dumped government bonds, and cryptocurrencies crashed as the U.S. stock market fell more than 20 percent from its January high.
www.nytimes.com www.nytimes.com
 
whatithink said:
Sure, my point is only that there is no short term fix on either inflation or gas. The Fed will put up rates this week, possibly a large increase which the market is reacting to (in advance). They should. They also need to balance not crashing the economy.

On oil, there's no incentive for oil companies to drill because they are making bank with current prices. Basically, you are asking them to increase production to reduce revenue/profit per unit, which seems a bit weird. The lag time is also long and you'd have to increase refinery capacity etc. The full impact of the Russian sanctions may not have hit yet either wrt the price of oil - which ironically benefits Putin as he doesn't have to export as much to get the same $ value back and while he still has China/India as export markets, he's not impacted as much (and doesn't give a crap anyway it appears), but I digress.

I read today that basically oil production was at 100m barrels a day pre-pandemic. It reduced during the shutdown and is still 1-2M barrels a day short of the 100m, and that's part of the fundamental problem and price adjustment (supply/demand). Opec or the Saudi's could fix that in a week, but they have zero incentive to do that with the price of oil at its current level. The major western oil companies have zero incentive to fix it either.

It's just capitalism.
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I'm not opposed to calling the oil companies out on the carpet, but I will concede that it might not get much Republican support.
 
Hüsker Dü said:
More partisan gibberish. Do you care about the Constitution? Law and order? Democracy? Or is it all a big joke compared to keeping trump in power? Maybe you aren’t actually partisan (although trump loving is now the Republican parties only message), maybe you are just a 110% trump lover, a one man kinda guy, a dear leader bent knee, kiss the ring type. You claim you aren’t but at the same time can’t separate yourself from the rhetoric. Don’t fret many former conservatives/republicans who fell for don’s con find themselves in the same quandary.
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you are a crack up. comprehension just isn't in your wheelhouse. Please point out in my "rhetoric"were I rely on partisan talking points to discuss my point? Isn't there on going litigation in multiple states against trump? Are there party appointed repbulicans on the JAN 6 committe? Is the committee bi-partisan in the traditional sense?

It goes completely over your head that when you attack someone over your percieved perception of their politics, that they are likely centrists and/or indpedendents. Your TDS is terminal.

as my kids would say...bruh..
 
watfly said:
Doing nothing is not a solution. I don't profess to be an expert but we can also reverse Biden's restrictions on drilling and restore Keystone . Oil trades on futures and that would have some impact. Yes we can't bring it down quickly, but we need to chip away at it. Right now the problem isn't bringing it down, its stopping out of control inflation. Correct me if I'm wrong, but I believe gas has gone up everyday something like 39 out of the last 40 days and there is no end in sight. The longer you do nothing the longer the problem will exist.
Click to expand...

"...restore Keystone..." That's pretty funny.
 
espola said:
"...restore Keystone..." That's pretty funny.
Click to expand...
This is funny....
Pelosi says drag is 'what America is all about' on RuPaul’s Drag Race All Stars
by Julia Johnson, Trending News Editor
| June 10, 2022 06:13 PM
www.washingtonexaminer.com

Pelosi says drag is ‘what America is all about’ on RuPaul’s Drag Race All Stars - Washington Examiner

House Speaker Nancy Pelosi (D-CA) made a special Pride Month appearance on RuPaul's Drag Race All Stars in which she said drag is "what America is all about." Toward the end of episode five of the seventh season, which aired May 30 and is available on Paramount Plus, RuPaul Charles told the drag...
www.washingtonexaminer.com www.washingtonexaminer.com
 
Lion Eyes said:
This is funny....
Pelosi says drag is 'what America is all about' on RuPaul’s Drag Race All Stars
by Julia Johnson, Trending News Editor
| June 10, 2022 06:13 PM
www.washingtonexaminer.com

Pelosi says drag is ‘what America is all about’ on RuPaul’s Drag Race All Stars - Washington Examiner

House Speaker Nancy Pelosi (D-CA) made a special Pride Month appearance on RuPaul's Drag Race All Stars in which she said drag is "what America is all about." Toward the end of episode five of the seventh season, which aired May 30 and is available on Paramount Plus, RuPaul Charles told the drag...
www.washingtonexaminer.com www.washingtonexaminer.com
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Is that the problem that is bothering you today?
 
Hüsker Dü said:
What do suggest congress can do? And should enemies of the state be given a get out of jail free card because you think congress should be doing other things? To me it seems you just want us all to forget about the whole thing so trump has a better chance to be re-elected? How Q/infowars, trump is our savior and he or those doing his bidding can do no wrong of you! Lol! You people are thick as a brick! I see you, what you are trying is quite obvious.
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Is the DOJ currently conducting an investigation into JAN 6? What other pending civil and criminal cases are there involving trump and associates? What exactly is this fluffy committee supposed to accomplish beyond getting you alll lathered up and excited?

High-profile hearings tend to be choreographed affairs, presenting a tightly woven narrative to the public. In this case, there is as much blame on the republicans as the democrats. It's the republicans own fault for not having anyone of substance on the committee. At the end of the day, this is a show for the twitterati and an attempt to stifle or minimize real issues that matter to most americans leading up to the next elections. Nothing else has helped the democrats, maybe show and tell will help them. Unlikely though, as people pull up to the gas pump and place blame on why their bank accounts are suffering from the procurement of daily essentials. it's not trumpy's fault for high gas prices -the buck stops with the current administration. trumpy gas prices were pretty good.
 
Happened again said:
you are a crack up. comprehension just isn't in your wheelhouse. Please point out in my "rhetoric"were I rely on partisan talking points to discuss my point? Isn't there on going litigation in multiple states against trump? Are there party appointed repbulicans on the JAN 6 committe? Is the committee bi-partisan in the traditional sense?

It goes completely over your head that when you attack someone over your percieved perception of their politics, that they are likely centrists and/or indpedendents. Your TDS is terminal.

as my kids would say...bruh..
Click to expand...
You did right there, lol!
 
Happened again said:
Is the DOJ currently conducting an investigation into JAN 6? What other pending civil and criminal cases are there involving trump and associates? What exactly is this fluffy committee supposed to accomplish beyond getting you alll lathered up and excited?

High-profile hearings tend to be choreographed affairs, presenting a tightly woven narrative to the public. In this case, there is as much blame on the republicans as the democrats. It's the republicans own fault for not having anyone of substance on the committee. At the end of the day, this is a show for the twitterati and an attempt to stifle or minimize real issues that matter to most americans leading up to the next elections. Nothing else has helped the democrats, maybe show and tell will help them. Unlikely though, as people pull up to the gas pump and place blame on why their bank accounts are suffering from the procurement of daily essentials. it's not trumpy's fault for high gas prices -the buck stops with the current administration. trumpy gas prices were pretty good.
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I see the problem now you read right past me and then assign an opinion you can attack. That and your self awareness is less than zero Julian.
 
Hüsker Dü said:
You mean the leader of the Republican Party?
The designer of the GOP litmus tests?
Your presidential nominee?
The main influence on who is cult votes for or against?
The one most Republicans are most wanting to emulate and fear the most?
Yeah he’s of no consequence whatsoever.
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again, do you have any idea what happened in the GA primary in May . Do you know how Trumps most hated republican did ?
 
Hüsker Dü said:
More partisan gibberish. Do you care about the Constitution? Law and order? Democracy? Or is it all a big joke compared to keeping trump in power? Maybe you aren’t actually partisan (although trump loving is now the Republican parties only message), maybe you are just a 110% trump lover, a one man kinda guy, a dear leader bent knee, kiss the ring type. You claim you aren’t but at the same time can’t separate yourself from the rhetoric. Don’t fret many former conservatives/republicans who fell for don’s con find themselves in the same quandary.
Click to expand...

this is just desperation at this point
 
Hüsker Dü said:
You did right there, lol!
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This is your reply? Let me ask in more simpler terms. Are there existing cases against trumpy and his cronies? In your opinion, will the JAN 6 hearings nudge the DOJ to become more serious about investigating trump and co? Does the committe think it's an unbiased entity doing the work of the people? Do you think anyone will test positive for covid?
 
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