This new guy Biden will take some getting used to. We no longer have to spend the day being angry and depressed while listening to the media report who got fired by Fat Donald.
Wandering the information superhighway, he came upon the last refuge of civilization, PoFo, the only forum on the internet ...
Moderator: PoFo North America Mods
A new day... And liberals have stopped complaining about Trump. NOT.
late wrote:Yeah, why would we complain about the destruction left behind by the worst president in American history...
jimjam wrote:the former president would spend his day passing out tax loop holes to billionaires, talk up the benefits of injecting toilet bowel cleaner as a means of curing covid, head out for a round of golf and, at day's end, open up the Artic National Wildlife Preserve to his Texas oil billionaire friends for oil drilling.
jimjam wrote:This new guy Biden will take some getting used to.
Istanbuller wrote:Biden's decision to cancel the pipeline project shows how US politics shifted to the far left.
I respectfully disagree. This is more about forcing oil from Canada to be shipped on trains. So you look at who owns them (Buffet/Berkshire Hathaway) and who invests in them (public employee retirement systems), and it becomes very clear what's really going on. If the railroads had to cut their dividends and run leaner while safer, more environmentally friendly pipelines delivered crude at a lower price, they would make less money. The environmental cover has always been a very weak case. The other is that native Americans seemingly argue that the entirety of the Dakotas is a sacred native American burial ground, which is also a bunch of BS. Now that jimjam is committed to no longer following the money, that means you have to keep apace of that.
late wrote:That oil is low grade crap. It won't get shipped down here. There is a decent chance oil prices will never recover to the point where refining it makes sense.
You said that last year when oil fell into the $20 a barrel range. It's obviously more than double that right now, because oil is priced in dollars and the government is printing money. Most of Canada's tar sands are shipped to the United States already. It just comes more by rail and shipping, and it's more expensive to ship it that way when you could pipe it. If oil stays North of $45 a barrel, that production will be restarting.
jimjam wrote:In 2018, Amazon paid $0 in U.S. federal income tax on more than $11 billion in profits before taxes. It also received a $129 million tax rebate from the federal government. So Amazon's lowest level worker paid more in taxes than the entire co...
The tax loopholes were written by the rich, the lower tax rates on capital gains was written by the rich, the benefits of owning several homes was written by the rich. The last tax law passed in 2017 was written by the rich. Why do you think elitist scum like Steve Mnuchin (net worth $300,000,000) was Treasury Secretary?
late wrote:Your $45 price assumes a pipeline, other forms of shipping are more expensive.
That stuff is very low grade, most refiners are not going to want to spend money retooling so they can spend more money cracking.
It's just another Right wing fantasy.
Crude is trading $52 a barrel.
blackjack21 wrote:Like I said, you aren't getting a new day with someone who spent 40 years in the senate representing sub-prime credit card issuers and the Delaware chancery system for publicly-traded companies.
jimjam wrote:WTF does this pee-pee shit have to do with Amazon paying zero tax on an $11,000,000,000 profit?
jimjam wrote:or arguably the worst incompetent president in history ignoring infrastructure rebuilding and health insurance reform in favor of endless tax loopholes and reductions for billionaires?
jimjam wrote:or increasing the federal debt by $7,600,000,000,000 to finance, among other things, billion dollar give a ways to greed freaks who have absolutely no need for a few more billion? or, one of jimjam's favorites …
jimjam wrote: "hey let's drill for oil in the National Artic Wildlife Preserve"
jimjam wrote:You obviously are playing with a weak hand and "arguments" designed for trump morons.
Maybe they need to re-arm, and rebuild the empire[…]
@Atlantis One could make an argument that on thi[…]
Like I said a Doctor, most doctors do not augment[…]