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Q: What do Bill O’Reilly and Nancy Pelosi have in common?

A: A hatred of the “speculators” and the “Wall Street fat cats” and the country club politicians in bed with “Big Oil,” all of whom are out to “harm the folks” with their unbridled speculating and fat catting and casual spooning with Oil Profiteers. Half credit, though, if you answered frequent plastic surgery and/or a love of the loofah.

First, Pelosi, via press release (with links added by yours truly in order that we may have a perfect storm of propaganda and deconstruction of such in a neat little one stop package. You’re welcome):

Independent reports confirm that speculators are driving up the cost of oil, hurting consumers and potentially damaging the economic recovery. Wall Street profiteering, not oil shortages, is the cause of the price spike. In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development.

We need to take strong action to protect consumers from this speculation. Unfortunately, Republicans have chosen to protect the interests of Wall Street speculators and oil companies instead of the interests of working Americans by obstructing the agencies with the responsibility of enforcing consumer protection laws. They have also repeatedly opposed our efforts to end billions of dollars in outdated taxpayer subsidies for oil companies enjoying record profits.

We support efforts by the Obama Administration to expand domestic energy resources, including natural gas and renewable sources like wind and solar that create jobs in America and will end our dangerous dependence on foreign energy supplies. This can be achieved because today, the United States currently has more oil and gas rigs at work than the rest of the world combined, and imports of foreign oil have decreased.

We call on the Republican leadership to act on behalf of American consumers and join our efforts to crack down on speculators who care more about their profits than the price at the pump even if these spikes harm the American consumer and our economy.

Now, O’Reilly — always angling for his next “get” with the President. And if that means pouring on the faux populism and lunch-pail demagoguery, then hells yes, Bill is down with some scapegoating and class warfare.

Or maybe I’m just giving him too much credit, suggesting a cynicism where only stupidity is necessary by way of explanation. You decide!

Now. Pass this post along. I think it might be useful to those who are inclined to believe the propaganda mill of the Left — or at the very least, will provide “the folks” ways to answer the demagoguery of the Democrats and useful idiots like O’Reilly who parrot anti-capitalit the propaganda in an effort to buy some cheap grace.

Spit.

(h/t Mark Levin)

111 Replies to “Q: What do Bill O’Reilly and Nancy Pelosi have in common?”

  1. JD says:

    They decided to go with The Big Lies

  2. Ernst Schreiber says:

    These speculators are like super villians or something. Every time the price of gas or oil spikes, the pols start screaming price gouging —release the investigators!

    Yet somehow, no one ever seems to get caught.

  3. Joan Of Argghh says:

    Meanwhile, the rest of us rearrange the deck chairs while the captains of the Political Industry (let’s call it what it is) steer us onto the rocks and commandeer the lifeboats.

  4. McGehee says:

    NO ONE EXPECTS THE OIL SPECULATOR INQUISITION!

  5. cranky-d says:

    The oil industry has a very low return on investment, and a low profit margin. They are demonized because they make a good punching bag. The government, on the other hand, is full of weasels who really need to be put out of our misery.

    Then we have O’Reilly, who is all about O’Reilly. In that sense, he and Obama have a lot in common.

  6. cranky-d says:

    Here’s a thought: all profits above %2 should be confiscated by the Federal Government. That should really kick our nation into high hear!

  7. cranky-d says:

    Or gear, even.

  8. geoffb says:

    How to solve this, the left edition.

    Solution #1

    The memo, sent to employees of GE Healthcare Americas team explains that all sedan, crossover, and minivan purchases in 2012 will be replaced by the Chevy Volt. Only field engineers are exempt from having to drive a company Volt.

  9. geoffb says:

    Solution #2

    If we had taken all these steps decades ago, like Brazil did when the call for energy independence was first issued, we’d be immune right now to the whims of oil-rich dictators and surging gas prices. If we don’t take these steps now there’s going to be a day when we look back at that $3.05 or $3.15 gasoline as the good old days. At some point there’s not going to be a tax rebate that’s big enough or a tax holiday that’s long enough to solve these problems. The American people shouldn’t have to wait for this day to come. When it comes to reducing our dependence of foreign oil, the resources are there, the technology is there, the demand is there. Now we just need a little bit of political will and I hope that you guys will help me provide it.

    It’s not what it sounds like, but then it never is from him.

  10. EBL says:

    I was going to say “a love of loofah,” but yeah what you said too.

  11. EBL says:

    Stupidity works. He is still feeling sorry about himself never making it on the radio. Guys like Rush and Levin make him feel small.

  12. Pablo says:

    Or maybe I’m just giving him too much credit, suggesting a cynicism where only stupidity is necessary by way of explanation. You decide!

    Yes. Do not underestimate the stupidity. There’s also the arrogant laziness to consider.

  13. newrouter says:

    little miss debbie

    “The Republican field, like Mitt Romney, thinks that we just need to remain tethered and dependent on foreign oil because all they would do is more and more drilling, which is a very shortsighted approach and it would do nothing to prevent people who are struggling to put $80 into their gas tanks to be able to make sure that that’s more affordable,” Wasserman Schultz said on MSNBC.

    “And that is another example of how they are economically out of touch,” she said.

    http://thehill.com/blogs/e2-wire/e2-wire/212243-dnc-head-wasserman-schultz-slams-gop-on-energy-ahead-of-obama-speech

  14. sdferr says:

    There was a time when it was possible to think of politics, to act within politics even, without thinking of economics. Politics, to say this another way, had not yet captured — or had intentionally eschewed the capture of — economics. ‘Tain’t so anymore, is it gang?

    Anyhow, once economics had been captured, it necessarily meant that lack of the knowledge of economics became a fruitful source of error, and in error, power acquisition.

  15. McGehee says:

    Well, if Debbie says the oil in North Dakota and Wyoming and Alaska is foreign, that settles it.

  16. Golem14 says:

    I wouldn’t like to be Bill O’Reilly– it would take all the mystery out of life.

  17. McGehee says:

    But now I see The Hill has deleted “foreign” from its quote. Hmmm…

  18. McGehee says:

    Wait — no it hasn’t. WTF?

  19. JD says:

    Gas prices will necessarily skyrocket

  20. Slartibartfast says:

    Q: What do Bill O’Reilly and Nancy Pelosi have in common?

    A: Wrinkled, sagging breasts.

  21. newrouter says:

    but don’t stop buying chevy volts – baracky

  22. Pablo says:

    So GOP drilling proponents are economically out of touch while Debbie’s plans to put unicorn farts in your tank is plugged right in to the mainstream. Is that about it?

  23. motionview says:

    …, then the Catholics, then the insurance companies, now the oil speculators, and also the non-buyers of the VolksVolt. Tomorrow ? – anyone who accurately discusses Obama’s pro-infanticide position?

  24. Car in says:

    I told you guys – in the other thread- NPR says this is going to boost the auto industry, and thus the economy, because everyone’s going to run out and buy a fuel efficient car! HAPPY DAYS WILL BE HERE AGAIN.

  25. Ernst Schreiber says:

    NPR says this is going to boost the auto industry, and thus the economy, because everyone’s going to run out and buy a fuel efficient car! HAPPY DAYS WILL BE HERE AGAIN.

    So why didn’t we get happy days back in 2008 when gas hit $4/gal?

    Oh yeah, housing bubble went *pop*

    and Bush.

  26. leigh says:

    HAPPY DAYS WILL BE HERE AGAIN.

    Until everyone owns an electric car and they are all plugged in at the same time and crash the power grids.

  27. DarthLevin says:

    Debbie W-S isn’t just any “dim bulb”. She is a bulb of negative wattage. If you lit a Debbie W-S-Watt bulb outside, the sky would get noticably darker.

  28. B Moe says:

    Or maybe I’m just giving him too much credit, suggesting a cynicism where only stupidity is necessary by way of explanation. You decide!

    I used to work in a shop where the radio only picked up one station, they had two hours of O’Reilly I used to listen to every day.

    After awhile I just turned it off those two hours. The dude is really, really fucking stupid.

  29. B Moe says:

    I mean, he is disingenuous, craven and acutely narcissistic too, but it is all subsumed by the profound stupidity.

  30. newrouter says:

    hey but bill’s looking out for you

  31. If you want to talk about speculators, start with Tim Geithner at Treasury, Ben Bernanke at the Federal Reserve, or maybe the ECB and IMF. Is there any bigger speculative risk than even more quanititative easing or loaning more money to Greece which will magically become solvent because, um, I’ve having trouble with this part…

    Gasoline supply has remained fairly constant, but the supply of dollars is growing by leaps and bounds!

    I think I’ve become a fan of the gold standard since they can’t print gold. Sure, someone can dig more of it out of the ground, but that takes actual work and resources. All the gold mined since history began would fit in a cube less than 67 feet on each side. Real hard to pretend you can just double that by fiat.

  32. Darleen says:

    btw

    gas station within couple miles of my home was $4.09/gal for regular on Monday … Yesterday it was $4.23

  33. newrouter says:

    mr. soros as a speculator never gets much notice

  34. newrouter says:

    I think I’ve become a fan of the gold standard since they can’t print gold

    we be on the oil standard

  35. geoffb says:

    Europe, going where we are headed with the nudging of Obama.

    Belgium’s Beursduivel notes that the national average price for a liter of petrol (gas) has reached a Euro-zone record high of EUR1.76 which equates to a US (not imperial) gallon cost of (drum roll please) USD8.75 (given current EURUSD levels). As Greece, for example, basks in the hope of the failing Troika talks, they unfortunately will have to pay significantly more (double from 3 years ago) for their driving (or boat fuel) as despite the faltering economies across Europe, the price of petrol, diesel, and LPG are also near record highs – and all this without an actual Iran invasion.

  36. Ernst Schreiber says:

    according to DW-S, Standard Oil be on us

  37. leigh says:

    Our idiot president is on tv talking up electric cars again. Fuel Economy for tractor trailer rigs, yo! Natural gas is going to get us out of this debacle and segue-ing into an anecdote about his college days and how Green he was even then.

    I don’t think he knows what he just said there.

  38. Ernst Schreiber says:

    Oh yes he does leigh. And that’s not the issue anyways. Not the real one.
    The real issue is, does the prototypical, marginally informed voter know what he just said?

  39. JD says:

    Electric semi’s !!!! Transportation costs, and delivery time be damned.

  40. sdferr says:

    “The real issue is, does the prototypical, marginally informed voter know what he just said?”

    Anymore, I wonder whether Al Simpson can figure out what he said, which, odds on? He can’t.

  41. B Moe says:

    Our idiot president is on tv talking up electric cars again.

    Great timing for that.
    http://jalopnik.com/5887265/tesla-motors-devastating-design-problem
    The “design problem” is common to all electric cars, by the way.

  42. JD says:

    What will power all those electric cars, given the EPA’s war on coal?

  43. leigh says:

    I meant about his saying he was green. I was thinking of it as a wet behind the ears thing.

    I agree that he does know where he’s driving that train, so to speak, about destroying our energy policy from within. I got into a rather heated debate with some of my Lefty online acquaintances about energy markets a few months ago. Most of them are so ill-informed it is scary and so alternately trusting of the D’s and midtrusting of the R’s that it’s a crying shame that they are allowed to vote.

  44. B Moe says:

    They don’t run on coal, they run on batteries!

    Geez.

  45. leigh says:

    It’s brilliant, isn’t it B. Moe? You just plug it in!

  46. newrouter says:

    What will power all those electric cars, given the EPA’s war on coal?

    solyndra !!11!! oh wait

  47. geoffb says:

    And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas. I’ll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for President. We hear the same thing every year. We’ve heard the same thing for thirty years.

  48. geoffb says:

    President’s Obama’s proof that the debate over rising gasoline prices has become politicized? He read it in the news.

    Tag-team-work.

  49. JD says:

    Geoffb – he should burst into flames from all of those lies.

  50. Jeff G. says:

    And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas. I’ll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for President. We hear the same thing every year. We’ve heard the same thing for thirty years.

    You know what else we hear every year? That even if we drilled now, we wouldn’t see any significant drop in prices for about a decade.

    And then we never drill. And then a decade later we hear the same arguments.

  51. newrouter says:

    . We’ve heard the same thing for thirty years

    Satan laughing spreads his wings

  52. leigh says:

    The only people who will remain unaffected by this are the Amish. Who’s laughing now, Amos?

  53. newrouter says:

    amish dodged obamacare too. time for a hex sign.

  54. leigh says:

    We have one out on the barn. It’s best to stay one step ahead.

  55. TMI says:

    I’ve watched Cavuto shrug his shoulders in the face of O’Rielly’s ridiculousness.
    .

  56. newrouter says:

    Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for President. We hear the same thing every year. We’ve heard the same thing for thirty years.

    “In fact, Brazil made a political decision back in the 1970s that it did not wish to be vulnerable to the price shocks that the various Middle Eastern crises delivered to its economy, as it was much more dependent on foreign oil back then than the U.S. In 1980, Brazil imported 77 percent of its oil. Today, Brazil imports 0.0 percent of its oil needs.

    Has it replaced oil with something else? Hardly. As Figure 1 shows, Brazilian oil production has increased 876 percent since 1980, and oil consumption has increased 119 percent. Brazil is now self-sufficient in oil on account of its aggressive exploration and development policies. Brazil has gone from supplying only 23 percent of its oil needs to having a slight production surplus in 2009. With more large offshore discoveries, Brazil is now well positioned to become an oil-exporting nation. Heck, they might even join OPEC, and really stick it to us.”

    chart at link

  57. Ernst Schreiber says:

    I meant about his saying he was green. I was thinking of it as a wet behind the ears thing.

    Green talk is how today’s hip down-for-the-struggle urbane sophisticate communicates to the idiocracys that he has morals and values too.

    Just not yours.

  58. Ernst Schreiber says:

    Somebody said something about a false theology, which of course sent the usual suspects into the usual delerium tremens, that’s apropos.

  59. cranky-d says:

    Not all battery types fail if they are fully discharged. Lead-acid batteries will, certainly.

    Another storage method that doesn’t fail when fully discharged might solve the problem, such as a bunch of capacitors (which, the last time I saw, is in the development stage). Nothing is market-ready at this point.

    Whatever the source of electricity, though, our grid could not handle it right now if a significant number of people started using electric cars. The fact that the EPA is shutting down some coal plants isn’t helping either.

    I welcome the arrival of the Sweet Meteor of Death.

  60. Ernst Schreiber says:

    Well geez cranky, all those coal plants do is poison the atmosphere.

    I mean, it’s not like they produce anything!

  61. Car in says:

    And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas. I’ll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for President. We hear the same thing every year. We’ve heard the same thing for thirty years.

    He’s such a fucking asshole.

    1) Allow more drilling in the gulf
    2) allow the pipeline
    3) Alaskan oilfields.

    How ’bout you do those three things, jackhole, and let’s see what happens?

  62. Car in says:

    You know what I’m gonna do with that extra $40? NOTHING. I just went poof in my gas tank.

  63. Car in says:

    Honestly, though, this bit really had me seeing red

    Now, some politicians always see this as a political opportunity. You’re shocked, I know. Last week, the lead of one news story said, “Gasoline prices are on the rise, and Republicans are licking their chops.” Only in politics do people greet bad news so enthusiastically. You pay more, and they’re licking their chops?

    HELLO? Isn’t this what liberals did the entirety of the Bush administration? The invented shit. Remember how unemployment may have been low, but taht was because all the jobs were bad? And the Iraq military death count?

    Pathetic.

  64. leigh says:

    Meanwhile Post Office to eliminate 35,000 jobs.

  65. JD says:

    Carin – when was the last time you saw their faux getting the vapors over the daily death count?

  66. LBascom says:

    Bill O’Reilly is an old time carnival barker. Whatever will entice “the folks out there” to open their wallets, that’s what he’ll bark.

    He’s not stupid, he’s an intellectual whore.

    As for our energy problems, it occurs to me our number one problem is refining capacity, or the lack thereof, and the impossible hurdles our philosopher kings have set in the way of building up that capacity.

    I suspect that is the real problem with the Keystone project, it would require refining capabilities almost impossible to achieve under our self limiting EPA regulations.

    We are talking about Obama’s reluctance to drill, but I wonder if the real problem is that building oil refineries(along with nuke reactors) is totally off the table. Not even discussed.

    Incidentally, one thing I think the feds should do that the aren’t, and I think a valid use of the 10th amendment, is have a national standard for gasoline formulation. As is, there are(I’ve heard) 35 different formulations of gas to meet the specifications of various states. California for example, needs it’s very special “clean” gas, and usually has the highest gas prices in the nation. I think a federal standard would make refining way more efficient, and bring prices down.

  67. leigh says:

    A big problem with refineries and platforms, is finding workers who can pass the drug tests. Nuclear power plants have the same problem with their maintenance workers. It would seem our worker bees are not of a sober stripe.

  68. Pablo says:

    That had me screaming too, Carin.

    Last week, the lead of one news story said, “Gasoline prices are on the rise, and Republicans are licking their chops.” Only in politics do people greet bad news so enthusiastically. You pay more, and they’re licking their chops?

    The media said it, you fuckwit. Your media. Which ain’t supposed to be politics.

  69. Pablo says:

    Lee, O’Reilly is not nearly as smart as he thinks he is. But it’s working for him.

  70. newrouter says:

    I think a federal standard would make refining way more efficient, and bring prices down.

    the problem today is the federals stds for gasoline

    http://www.willisms.com/archives/boutiquefuels.jpg

  71. LBascom says:

    I’m of the opinion there shouldn’t be drug tests for employment.

    Also, I wouldn’t hire someone who was fired for being impaired on the job.

    I also don’t have a problem with the state requiring medicals for a pilot or professional trucker licenses.

    They should just let me run things…

  72. newrouter says:

    ““Gasoline prices are on the rise, and Republicans are licking their chops.”

    here is the article from politico

    Gasoline prices are on the rise, and Republicans are licking their chops.

    It’s a familiar refrain: Once again, GOP lawmakers and conservative commentators are on the attack, blaming President Barack Obama for higher prices at the pump. And they’re promoting a “drill, baby drill” agenda as the answer.

    Read more: http://www.politico.com/news/stories/0212/73010.html#ixzz1nG8IdSI5

    compare to

    Last week, the lead of one news story said, “Gasoline prices are on the rise, and Republicans are licking their chops.” Only in politics do people greet bad news so enthusiastically. You pay more, and they’re licking their chops?

    And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas. I’ll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for President. We hear the same thing every year. We’ve heard the same thing for thirty years.

  73. leigh says:

    In a perfect world we wouldn’t need drug test for employment in dangerous jobs that have the potential for extreme disaster if someone who is impaired is doing that job, since they should have enough sense to know not to put others in peril. But they don’t, so they have to be tested for employment and then randomly tested while on the job, too. It’s a major problem and one that can’t seem to be solved by asking people to use their heads.

    Of course, plenty of places “require” drug testing and then never ask for the tests to be done. And there are stupid regulations for high school athletes and cheerleaders who can be randomly drug tested just because they are involved in sports. Never mind the dopers back behind the gym. Those lettermen and cheerleaders may have had a beer or two on the weekend.

  74. cranky-d says:

    I would think they are looking for steroids.

  75. leigh says:

    They are, but they’ll also take whatever they can get.

  76. Pablo says:

    The drug testing thing fails because of the simple facts. You can catch all sorts of people who smoked a couple of joints over the weekend but come to work completely straight. You won’t catch the guy who dropped acid or smoked an 8-ball on the job 3 days ago.

  77. LBascom says:

    Eh, I think the screening should come at hire. Not pee though, I mean screening for qualifications and job history.

    I mean, if the good doctor is doing his job and healing the sick, who cares if he pops Vicodin like candy, right?

    It just seems to me that looking for a problem before there is a problem is asking for problems.

  78. leigh says:

    Vicodin popping doctors are generally in charge of your anesthetic when getting your ticker repaired or anything else that requires a general anesthetic. Anesthesiologists and Dentists are the most likely to be impaired professionals. Pharmacists are a close third.

    They’re only brilliant and prickly on House, not in real life.

  79. Pablo says:

    So, I’m watching Beck interviewing Santorum and after a discussion about how reelecting Obama will fundamentally change America forever, there’s this exchange:

    Beck: “So what is America about?”

    Santorum: “We hold these truths to be self-evident. All men were created equal and endowed by their Creator with certain unalienable rights.”

  80. guinspen says:

    Another nuclear pp worker .

    Not safe for work .

  81. leigh says:

    Does Beck put up transcripts of his show, Pablo? I live in the hinterlands and don’t have unlimited bandwidth.

  82. newrouter says:

    about that beck – santorum interview: there are alot of a@@hole opinions of him on team r.

  83. leigh says:

    Beck or Santorum?

  84. Pablo says:

    I believe transcripts of the radio show go up. I haven’t seen transcripts of GBTV.

    In other news, here’s the article Obama was using to demagogue Republicans by extrapolating its conclusion on them. You’ll be utterly stunned to know that it’s Politico.

  85. newrouter says:

    santorum

  86. newrouter says:

    both

  87. LBascom says:

    “what is America about?”

    Santorum: “We hold these truths to be self-evident. All men were created equal and endowed by their Creator with certain unalienable rights.”

    EXTREMIST!!!

  88. Roddy Boyd says:

    True Stories:
    1. When I was at the NY Post, the producers from O’Reilly called me to feel me out for going on the show. The topic was the spike in gas prices ca. 2005-2006. I explained that A) Speculators like Soros were not really behind more than 5% or so of the increase and that B) Oil companies, while not necessarily wonderful sorts, were also not gouging. They thought I was retarded or, alternately, that they were mishearing me. I patiently explained that in Business 101, oil companies have fixed production costs of $X per barrel and that once prices increased above that level, it was pretty much all operating profit from then on in. They never had me on.

    2. When I was at Fortune, Geithner came up one day for an edit staff meeting. I asked him why, since the NY Fed had perfect visibility into most everyone’s true cash and liability positions, it had done nothing at all to pop the housing bubble.

    He looked me in the eye and said, “It wasn’t my job to pop bubbles.”

    A prince among us, no?

  89. Ernst Schreiber says:

    Thanks for the link to the Santorum/Beck interview, newrouter.

    It’s worth remembering that Paine was a professional revolutionary who got out of France two steps ahead of the Jacobins.

  90. Ernst Schreiber says:

    I’m suprised ‘router hasn’t already posted a link to this vid of lil’ debbie bitchin’ bout Bush and $3 gas.

    Ah, the good ol’ days, when you could fill your tank for less than $50.

    via Glenn Reynolds

  91. geoffb says:

    A couple of articles on the refinery problem. Short version is that older ones can only refine the more expensive “sweet” crude and with low demand they are losing money so they are being closed.

    A good question is why don’t we have more and more adaptable refineries? I’d bet the answer has three parts, EPA, Trial lawyers, and the Greenies.

  92. geoffb says:

    A Simple Matter Of Slopes

    Swap them and our debt problem starts on the road to solution.

    Oh, and and I denounce myself before someone sticks a knife through the chink in my armor.

  93. newrouter says:

    baracky’s transformational change cont.

    “The U.S. refining industry is being split in two. On one hand are the older refineries, mostly on the East and Gulf Coasts, that are set up to handle only the higher quality Brent “sweet” crude—the stuff that comes from the Middle East and the North Sea. ”

    gee what would the keystone pipeline handle

    The Bakken is a formation of shale source rock covering about 200,000 square miles of North Dakota, Montana and Saskatchewan. It is currently the largest known reserve of light sweet crude in North America.

    http://www.bakkenoil.org/

  94. newrouter says:

    its good that mittens gets to attack the sweater vest’s cong. record(medicare d, nclb, spector, et al) without ever mentioning gwb.and karltherover and the bushies will gleefully pile on. this is a case where it really was gwb’s fault.

  95. newrouter says:

    Time Magazine called the Vallejo neighborhood watch groups — and the increased level of prostitution — an indication that “things could get pretty crazy in other cash-strapped cities across the country.” It is also into a preview into how it might play out: a desperate struggle between public sector unions moving heaven and earth to keep their wage, manning and pension levels in the face of a shrinking budget.

    When President Obama recently characterized the Republican Party’s vision of America as being every man for himself, where “everybody is left to fend for themselves, everybody makes their own rules, a few do very well at the top and everybody else is struggling to get by … their core vision for America …” one would have thought he was talking about bankrupt cities in California or perhaps Greece after decades of socialism. The aftermath of a collapsed welfare state isn’t the “traditional” American society of white picket fences and frame houses peopled by Bible clinging bigots. Not at least in the first instance. In any case it has to pass through the Mad Max stage of neighborhood watches and truck gardens.

    http://pjmedia.com/richardfernandez/2012/02/23/making-ends-meet/#more-20684

  96. Ernst Schreiber says:

    what would the keystone pipeline handle

    Keystone is a seperate project from ND’s Bakken fields. Keystone is supposed to bring oil from the Canadian tar sands down to the gulf refineries.

    The companies developing Bakken are currently planning their own pipeline across ND to tie into the existing pipeline network somewhere around Fargo, ND/Morehead MN.

  97. Ernst Schreiber says:

    Also, Hyperion’s Elk Point, SD refinery project, the first completely new, built from the ground up oil refinery in 35+ years is still working it’s way through permitting hell.

  98. newrouter says:

    January 20, 2012
    More ND oil will be railed with no US pipeline

    (AP) BISMARCK, N.D. — North Dakota oil drillers increasingly will rely on trains to move barrels of crude to market after the Obama administration’s decision to reject plans for a pipeline that would run from Canada to refineries on the Gulf of Mexico, state and industry officials say.

    “Pipelines are by far the safest and most economically efficient way to transport oil, but we are left with a limited number of options if pipelines are off the table,” said Tony Clark, chairman of the North Dakota Public Service Commission. “Once the oil is flowing, it has to go somewhere.”…

    Calgary-based TransCanada Corp.’s 1,700-mile pipeline is designed to carry crude oil from tar sands near Hardisty, Alberta, through Montana, South Dakota, Nebraska, Kansas, Oklahoma and Texas. The pipeline also would move 100,000 barrels of crude daily, largely from North Dakota’s burgeoning oil patch and some from Montana.

    link

  99. Ernst Schreiber says:

    A Colorado firm wants to build an oil pipeline from western North Dakota’s
    booming oil patch to a pipeline hub in northern Minnesota.

    link

  100. Ernst Schreiber says:

    No State Department involvement, but I’m sure the Sierra Club will find a reason why It Can’t Be Allowed to Happen!

  101. Car in says:

    Lee, O’Reilly is not nearly as smart as he thinks he is.

    Neither is his audience.

  102. Ernst Schreiber says:

    working link to the Hyperion Energy story.

  103. leigh says:

    O’Reilly is a blithering idiot about economics and most other topics. Where he gets the idea that it’s okay for the Government to tell us what size car we can drive (see his irrational hatred of SUVs) is beyond me. That and his unshakable conviction that Big Oil is making money hand over fist, Speculators are destroying the free market and a couple of other things he rails about make him sound like a liberal.

    SNL should do a version of their classic “Dueling Brandos”, but using O’Reilly and Chris Matthews yelling and interupting each other.

  104. McGehee says:

    O’Reilly mystifies me. I’ve never heard of a man who stands 6’4″ having a Napoleonic “little dictator” complex.

  105. guinspen says:

    Holy Moses, I have been removed !

  106. […] Goldstein has done us all a service, at great risk to his sanity. He delved into a Nancy Pelosi press release, wherein she blamed high gas prices on eeeeeeeee-vil speculators, Wall Street, Republicans, the […]

  107. […] Goldstein has done us all a service, at great risk to his sanity. He delved into a Nancy Pelosi press release, wherein she blamed high gas prices on eeeeeeeee-vil speculators, Wall Street, Republicans, the […]

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