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Author Topic: Biden's Cascade of Failure!  (Read 31222 times)

Shasarak

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Re: Biden's Cascade of Failure!
« Reply #315 on: June 30, 2022, 01:10:06 AM »
Good God, could we get some actual competence in our opponents for once?

The January 6th show trial and ritual castigation just slid headlong into absurdity, with that silly bint Cassidy Hutchinson blathering about how Trump attacked his Secret Service detail and tried to take the wheel of the vehicle he was in.

Except the Secret Service is saying, 'Uh, no, that never happened and we'll testify under oath it didn't'.

There were so many logical errors in this story, it's like they sat around and cooked up the dumbest thing they could throw at the mean ol' Orange Man, and then ran with it.

Uh, no.

https://theweek.com/donald-trump/1014743/trump-secret-service-agent-corroborated-main-elements-of-bombshell-jan-6-fight

And once again, you step on your dick. Flattening it even more.

There is no way that he can step that high.
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look at the good things you've got! -  Jesus

KindaMeh

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Re: Biden's Cascade of Failure!
« Reply #316 on: June 30, 2022, 01:15:55 AM »
Good God, could we get some actual competence in our opponents for once?

The January 6th show trial and ritual castigation just slid headlong into absurdity, with that silly bint Cassidy Hutchinson blathering about how Trump attacked his Secret Service detail and tried to take the wheel of the vehicle he was in.

Except the Secret Service is saying, 'Uh, no, that never happened and we'll testify under oath it didn't'.

There were so many logical errors in this story, it's like they sat around and cooked up the dumbest thing they could throw at the mean ol' Orange Man, and then ran with it.

Uh, no.

https://theweek.com/donald-trump/1014743/trump-secret-service-agent-corroborated-main-elements-of-bombshell-jan-6-fight

And once again, you step on your dick. Flattening it even more.

To be fair, that article, while admittedly seeming somewhat biased, did contain at least some links that supported his points. So I wouldn’t exactly call it that bad.

That said, still feel like Ghostmaker probably has the right of it, ultimately, in that she was not a very good witness and kinda seemed a bit absurd in some of her hearsay, even if parts have potentially been confirmed as Battlemaster’s article notes… Other parts have been directly contradicted.
« Last Edit: June 30, 2022, 01:34:40 AM by KindaMeh »

Battlemaster

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Re: Biden's Cascade of Failure!
« Reply #317 on: June 30, 2022, 06:09:12 AM »
Biden succeeded in keeping Trump from getting a second term. Trump hired former general Michael flynn as his nqtionalbsecurity adviser. After trumps loss in 2020, flynn,  a former general who had taken an oath to defend tbe constitution, advised trump to do the following:

On July 4, 2020, Flynn pledged an oath to the pro-Trump QAnon conspiracy theory,[36] and as Trump sought to overturn the results of the 2020 presidential election in which he was defeated, Flynn suggested the president should suspend the Constitution, silence the press, and hold a new election under military authority.[37] Flynn later met with Trump and their attorney Powell in the Oval Office to discuss the president's options.


The fact that Biden got a potential dictator out of the white house alobg with people like flynn was a great victory.

Fuck the fascist right and the fascist left.

jeff37923

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Re: Biden's Cascade of Failure!
« Reply #318 on: June 30, 2022, 06:43:02 AM »
Biden succeeded in keeping Trump from getting a second term. Trump hired former general Michael flynn as his nqtionalbsecurity adviser. After trumps loss in 2020, flynn,  a former general who had taken an oath to defend tbe constitution, advised trump to do the following:

On July 4, 2020, Flynn pledged an oath to the pro-Trump QAnon conspiracy theory,[36] and as Trump sought to overturn the results of the 2020 presidential election in which he was defeated, Flynn suggested the president should suspend the Constitution, silence the press, and hold a new election under military authority.[37] Flynn later met with Trump and their attorney Powell in the Oval Office to discuss the president's options.


The fact that Biden got a potential dictator out of the white house alobg with people like flynn was a great victory.

Potential dictator? Like Biden and his economy crippling executive orders? Like Biden ignoring his entire military staff and then blaming them when he pulls troops out of Afghanistan and leaving several billion dollars worth of military equipment behind for terrorists to confiscate?
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Ghostmaker

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Re: Biden's Cascade of Failure!
« Reply #319 on: June 30, 2022, 08:13:43 AM »
Biden succeeded in keeping Trump from getting a second term. Trump hired former general Michael flynn as his nqtionalbsecurity adviser. After trumps loss in 2020, flynn,  a former general who had taken an oath to defend tbe constitution, advised trump to do the following:

On July 4, 2020, Flynn pledged an oath to the pro-Trump QAnon conspiracy theory,[36] and as Trump sought to overturn the results of the 2020 presidential election in which he was defeated, Flynn suggested the president should suspend the Constitution, silence the press, and hold a new election under military authority.[37] Flynn later met with Trump and their attorney Powell in the Oval Office to discuss the president's options.


The fact that Biden got a potential dictator out of the white house alobg with people like flynn was a great victory.
I don't think you want to start invoking oaths, considering how many politicians wipe their asses with the oath they take to preserve the Constitution on a regular basis. Especially considering the behavior of certain states regarding recent SCOTUS rulings.

“William Roper: “So, now you give the Devil the benefit of law!”

Sir Thomas More: “Yes! What would you do? Cut a great road through the law to get after the Devil?”

William Roper: “Yes, I'd cut down every law in England to do that!”

Sir Thomas More: “Oh? And when the last law was down, and the Devil turned 'round on you, where would you hide, Roper, the laws all being flat? This country is planted thick with laws, from coast to coast, Man's laws, not God's! And if you cut them down, and you're just the man to do it, do you really think you could stand upright in the winds that would blow then? Yes, I'd give the Devil benefit of law, for my own safety's sake!”

(from A Man For All Seasons)

Still wanna play with that chainsaw, Battle-buddy?

Eirikrautha

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Re: Biden's Cascade of Failure!
« Reply #320 on: June 30, 2022, 09:44:52 AM »
Good God, could we get some actual competence in our opponents for once?

The January 6th show trial and ritual castigation just slid headlong into absurdity, with that silly bint Cassidy Hutchinson blathering about how Trump attacked his Secret Service detail and tried to take the wheel of the vehicle he was in.

Except the Secret Service is saying, 'Uh, no, that never happened and we'll testify under oath it didn't'.

There were so many logical errors in this story, it's like they sat around and cooked up the dumbest thing they could throw at the mean ol' Orange Man, and then ran with it.

Uh, no.

https://theweek.com/donald-trump/1014743/trump-secret-service-agent-corroborated-main-elements-of-bombshell-jan-6-fight

And once again, you step on your dick. Flattening it even more.

To be fair, that article, while admittedly seeming somewhat biased, did contain at least some links that supported his points. So I wouldn’t exactly call it that bad.

That said, still feel like Ghostmaker probably has the right of it, ultimately, in that she was not a very good witness and kinda seemed a bit absurd in some of her hearsay, even if parts have potentially been confirmed as Battlemaster’s article notes… Other parts have been directly contradicted.

Falsus in uno, falsus in omnibus.  Only a fool would trust a liar to be telling the truth, just because that part hasn't been proven false... yet.  That or someone who really wants the lies to be true...

Pat

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Re: Biden's Cascade of Failure!
« Reply #321 on: June 30, 2022, 10:05:38 AM »
The fact that Biden got a potential dictator out of the white house alobg with people like flynn was a great victory.
Not yet, but maybe in 2024.

Battlemaster

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Re: Biden's Cascade of Failure!
« Reply #322 on: July 01, 2022, 09:33:48 PM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
Fuck the fascist right and the fascist left.

KindaMeh

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Re: Biden's Cascade of Failure!
« Reply #323 on: July 01, 2022, 10:13:45 PM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!

So, my points were not really about the Keystone Pipeline, I feel, at least not in and of itself. More about Biden seeming out of touch with how his own decisions and stated positions may have caused the fossil fuel industry to think it was a good idea not to expand. I'm well aware that oil is producing more or less at current capacity, that's why I quoted 90%+ production capacity as a number. Oil, I feel, would have trouble expanding fast enough to make an immediate impact on gas prices, I'll agree. But fracking maybe coulda done it because most of a fracking station's output happens in the first year or so of its life, I think? Biden tried to ban it on Federal land, though he also backed out at the last second and kinda sold out liberals. I also think he's trying to lay blame at the feet of corporations for not exercising artificial supply controls as a segue into questionable uses of executive power to attempt to do just that. Which brings up the point that I am often skeptical of executive power, since it seems to me a lot like individual autocracy, and I don't really trust many/any(?) of the would-be presidents of the future on either side not to abuse that kind of power, as well as being skeptical of command economies in general, and not thinking oil companies can really produce much more at this point in time, in which case trying to command them to increase supply like Biden is hinting he might do is a bit pointless.

Admittedly though, the strategic reserves probably aren't big enough that promising to buy back into them at a set price would make much of a difference to expansion incentives unless we really expanded them, which would cost perhaps a bit too much and last only so long before us having to buy in again. So on that point I was wrong. Also, while I did blame inflation somewhat on Biden and his inability to handle transportation issues and promoted COVID supply incentives leading to shortages, as well as the Fed raising rates too slowly... Those rates were only that low in part because of Trump, who also doubled the deficit and printed some money (I think, not as sure on the latter), and Trump according to Pat (better informed than me on some of this and more capable of explaining it) had a big hand in the shortages as well. So it's not just Biden's failure, but I feel there is at least a little blame and limited competence to go around to him too.

So that's kinda where I was coming from. Don't feel like I was lying, and here's roughly what I posted:


Speaking of failures, I know the people behind this article are to some degree invested in making it a Biden hit piece, but it still kinda scares me as regards his authoritarian tendencies and seeming incompetence. https://www.foxbusiness.com/politics/biden-threatens-oil-companies-emergency-powers-supply-inflation

Firstly, we are not a command economy, so using emergency powers to control private production is kinda sketch.

Secondly, Biden has been hostile to oil expansion from the start, they couldn't expand that fast even if his policies like "carbon neutral by 2035" weren't signaling them not to, and despite this they are already at well over 90% theoretical production capacity, and he sent signals to the fracking industry that prevented them (the only ones who could ramp up supply fast enough) from feeling safe enough to expand by doing things like trying to ban fracking on federal lands.

And refused to do things like promise to buy back into the strategic reserves necessary for our security, that he continues to deplete to boost polling numbers, if prices fall low as a result of such expansion. When supply goes up, prices go down, and then you have to deal with any overexpansion. He has done nothing to convince them to expand, and is now threatening to force it (with oil, which can't do it, rather than fracking, which could actually handle some of it) when that (total lack of negotiation and effort) won't work.

It also feels to me like he's lying and covering for his own inflation and fossil fuel incompetence by trying to pin the blame on oil companies America relies on, and that are often unnecessarily demonized to begin with. Fail.

So a little hostile towards Biden, but mainly on the grounds that I thought he was being deceptive and/or incompetent in this particular area. Which to be fair, I think the average American is pretty skeptical he can handle inflation and gas prices at this point in time. I had hoped we'd get more out of him, just as I always hope the current president will make things better for America, even when I don't agree with them. That said, I think to some extent who can we hold accountable if not our political and economic leaders in times like these.
« Last Edit: July 01, 2022, 10:18:35 PM by KindaMeh »

Pat

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Re: Biden's Cascade of Failure!
« Reply #324 on: July 01, 2022, 10:17:48 PM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

KindaMeh

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Re: Biden's Cascade of Failure!
« Reply #325 on: July 01, 2022, 10:25:41 PM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

I had heard it was gonna be like a bit less than 10%of our total amount of oil exports, and like 5% of total production. So not nothing. Though I hear there's also something called a discount rate or something that determines what future reductions in gas prices are worth in present day dollars that would make it worth a little less to the market or something. (Though IDK how much less. Not something I've looked into yet. I do want to read that book at some point, but haven't yet.)

Battlemaster

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Re: Biden's Cascade of Failure!
« Reply #326 on: July 01, 2022, 11:57:43 PM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

Yes yes, I know that speculation is a large lar ofgas pricing, and should be regulated or eliminated you pompus ass.
https://www.forbes.com/sites/forbesbooksauthors/2021/01/25/factors-that-influence-pricing-of-oil-and-gas/?sh=2ebe50dc338d#:~:text=%20Speculation%20gets%20a%20lot%20of%20the%20blame,the%20demand%20for%20crude%20oil%20affects%20overall%20pricing.
Fuck the fascist right and the fascist left.

Pat

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Re: Biden's Cascade of Failure!
« Reply #327 on: July 02, 2022, 12:46:16 AM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

Yes yes, I know that speculation is a large lar ofgas pricing, and should be regulated or eliminated you pompus ass.
https://www.forbes.com/sites/forbesbooksauthors/2021/01/25/factors-that-influence-pricing-of-oil-and-gas/?sh=2ebe50dc338d#:~:text=%20Speculation%20gets%20a%20lot%20of%20the%20blame,the%20demand%20for%20crude%20oil%20affects%20overall%20pricing.
Don't call people shitheads if you can't take a little heat, Princess.

You literally linked to an article that lists:
1) supply
2) demand
3) quality
4) speculation
Seriously, it lists supply & demand. That's... beyond rudimentary. It's not Economics 101. It's the first minute of Economics 101.

And how exactly would you regulate or eliminate speculation? Because speculation is how the market efficiently allocates resources. If one oil company decides there's a huge potential in a particular pipeline, then they'll invest billions in infrastructure like developing oil fields and building out ports. The investors are betting those huge investments will pay off in nice profits, but that's in the distant future. And it's that kind of forward-thinking and investment of resources over a long time that creates market efficiency, and will drive prices down. The current price is based on a time-depreciated estimate of future earnings.

But if you have a jackass like Biden who keeps canceling pipelines and permits, guess what happens? Nobody invests. Or they invest a lot less. Or they wait until the future profits are much much higher, because it's not just time-depreciated. It also factors in risk, and the risk has dramatically increased.

It's Biden's fault.

Read. At. Least. One. Book. On. Economics.

Pat

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Re: Biden's Cascade of Failure!
« Reply #328 on: July 02, 2022, 12:58:55 AM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

I had heard it was gonna be like a bit less than 10%of our total amount of oil exports, and like 5% of total production. So not nothing. Though I hear there's also something called a discount rate or something that determines what future reductions in gas prices are worth in present day dollars that would make it worth a little less to the market or something. (Though IDK how much less. Not something I've looked into yet. I do want to read that book at some point, but haven't yet.)
Yes, people have different time preferences, which is the amount they discount the value of a dollar in the future compared to the value of a dollar today. The price of that time preference is the interest rate. Capital investment is how today's dollars are turned into a larger number of future dollars. By investing in resources today, goods can be produced more efficiently, and that's how wealth grows.

One of the standard examples is Robinson Crusoe. If he needs water, he can walk to the stream, and cup is hands, and take a drink. But if he has to walk a significant distance, then he has to spend a lot of resources (time) to get a single drink. But if he takes a half an hour to climb a tree and cut a coconut in half, he now has a cup, and can bring some water with him. Since he no longer has to walk back and forth to the stream every time he wants a drink, it takes less time (resources) to get a drink of water. But he has to spend that time to get the coconut cup in the first place, i.e. he needs to invest some of his time now to get water more efficiently in the future. Greater investments of capital (his time) could lead to a bucket, or even a plumbing system that brings the water into his shack.

The longer and more roundabout the methods of production, the richer a society becomes. The time preference of a society (i.e. how much they save) determines how much capital they save to invest in more complex means of production.

KindaMeh

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Re: Biden's Cascade of Failure!
« Reply #329 on: July 02, 2022, 01:14:35 AM »
Pssst!  Hey, all you fucktards blaming Biden for gas prices?

Guess what, shitheads?  THE FUCKING KEYSTONE PIPELINE WASN'T GOING TO BE FINISHED AND ONLINE UNTIL 2030 IN ANY CASE!

NOW STOP LIEING ABOUT GAS PRICES!!!
The market prices future expected events into current prices. It's why exotic concepts you've probably never heard of, like "interest", exist.

Before you embarrass yourself yet again, why not read at least one book on economics.
https://fee.org/media/14946/economicsinonelesson.pdf

I had heard it was gonna be like a bit less than 10%of our total amount of oil exports, and like 5% of total production. So not nothing. Though I hear there's also something called a discount rate or something that determines what future reductions in gas prices are worth in present day dollars that would make it worth a little less to the market or something. (Though IDK how much less. Not something I've looked into yet. I do want to read that book at some point, but haven't yet.)
Yes, people have different time preferences, which is the amount they discount the value of a dollar in the future compared to the value of a dollar today. The price of that time preference is the interest rate. Capital investment is how today's dollars are turned into a larger number of future dollars. By investing in resources today, goods can be produced more efficiently, and that's how wealth grows.

One of the standard examples is Robinson Crusoe. If he needs water, he can walk to the stream, and cup is hands, and take a drink. But if he has to walk a significant distance, then he has to spend a lot of resources (time) to get a single drink. But if he takes a half an hour to climb a tree and cut a coconut in half, he now has a cup, and can bring some water with him. Since he no longer has to walk back and forth to the stream every time he wants a drink, it takes less time (resources) to get a drink of water. But he has to spend that time to get the coconut cup in the first place, i.e. he needs to invest some of his time now to get water more efficiently in the future. Greater investments of capital (his time) could lead to a bucket, or even a plumbing system that brings the water into his shack.

The longer and more roundabout the methods of production, the richer a society becomes. The time preference of a society (i.e. how much they save) determines how much capital they save to invest in more complex means of production.

The Crusoe analogy works well for me in helping me understand this, actually. Especially how him investing more time leads to more future improvement. I've heard that because their needs are mostly day to day, the poor help drive consumption. So I heard that a good form of economic stimulus if consumption is down is to try to help the poor through tax cuts or food stamps or welfare or subsidies or whatever, because if you give them a way or incentive to spend then they usually will. Though I guess the flip to that is that because they need the money now it might be harder for them to save or invest. Is that part of the idea behind trickle down economics or at least the alternate speculation (?) of the middle class as an engine of growth? Basically don't help the poor now but have the money and economic growth to theoretically do it later if they can survive the meantime?

Also, I could've sworn Biden promised money to the middle class and economic growth. Does that then mean he's making a compromise to some extent on aiding the poor, because of the above reasoning, just not admitting it? Seems kinda duplicitous if so and he isn't acknowledging that. (Though to be fair, dunno if the average American could really follow along in a complex economic plan, and in fact I'm not 100% sure I myself understand even the basics of what he promised, per se.) Also don’t rich people invest a lot? If so, wouldn’t targeting them be anti-growth? Kinda seems like he’s claiming we can have our cake and eat it too.
« Last Edit: July 02, 2022, 01:40:45 AM by KindaMeh »