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Keyword: fungible

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  • Stop Pretending – It’s Not the “Fungibility,” It’s the Location of the $6 Billion Returned to Iran

    10/09/2023 9:57:30 AM PDT · by Texas Fossil · 44 replies
    The Conservative Treehouse ^ | Oct 8, 2023 | Sundance
    You want to go deep weeds, let’s go deep weeds. Almost all of the conversations about the $6 billion given back to Iran have focused on the fungible aspect of money. While true, that focus misses the key and essential point, where the money was delivered. The captured $6 billion was held in a South Korean bank, the result of sanctions violations. What the Biden/Blinken crew did, was move the money from South Korea to a bank in Qatar.Now, many people may not at first understand the nature of how that makes such a significant difference. The lack of understanding...
  • THIS --> Receipt-filled thread DEBUNKS Dems/Lefties desperate claim about $6 Billion Biden gave to Iran (by Gabriel Noronha, @GLNoronha)

    10/09/2023 7:52:51 PM PDT · by NetAddicted · 11 replies
    Twitchy.com ^ | 10/8/2023 | Sam J.
    We've honestly lost count of the number of Leftists, Democrats, and actual Biden toadies trying to pretend the $6 billion in question had nothing to do with the attacks on Israel. It's as if talking points went out near and FAR to cover this administration's backside. There's just one problem with this ... most people understand what the word 'fungible' means. Oh, and then there's this thread as well: 🧵I'm sorry Jen but you are simply unfamiliar with Iranian budgeting practices and how the Iranian regime and Hamas make decisions. 1. Iran normally has to allocate its limited foreign exchange...
  • The Alien Observatory --"We May Soon Discover Worlds That Host Lifeforms with Strange...

    04/02/2018 6:23:28 PM PDT · by LibWhacker · 46 replies
    In 2016, NASA sequenced DNA in space for the first time, but alien life, we may soon discover, may be vastly different on other planets and moons, particularly as we expand our efforts to explore ocean worlds with our solar system and beyond. “Most strategies for life detection rely upon finding features known to be associated with Earth's life, such as particular classes of molecules,” the researchers wrote. DNA and RNA are the building blocks of life on Earth, but the molecules of life might differ substantially on another planet. A new paper by scientists at Georgetown University, published online...
  • Why Does "Targeting" Money Always Fail?

    03/15/2012 9:53:24 AM PDT · by greywar · 2 replies
    zPatriot ^ | 3/15/2012 | Sergeant Greywar
    Money and math are two of my very favorite topics because I am always shocked by how little people seem to know about either one (including me). For instance, there is always an assumption that if the government is spedning money that is "targeted" at a particular sector that the sector in question will be stimulated. This is pablum aimed at vast swaths of people who don't grasp the following: Money is fungible. Allow me to illustrate. I want to give my teenage daughter some money but I only want her to use it for gas and not collectible Harry Potter figurines. I give...
  • Libya about to stop selling oil to Switzerland MAJOR CRISIS AHEAD

    07/24/2008 4:28:23 AM PDT · by drzz · 63 replies · 532+ views
    Le Figaro ^ | 07 24 2008 | drzz
    Libya's dictatoship of Kadhafi has decided to suspend its oil selling toward Switzerland after Swiss authorities arrested and briefly detained Kadhafi's son in Geneva, last week, under the charges of having beaten two employees. Khadafi's son, Hannibal, seeks revenge. The Libya National Oil Company announced Libya will cancel its oil sells to Switzerland. Libyan oil represents 48% of Switzerland's needs.
  • ALL HAT, NO CATTLE (Iran's Mullahs, Venezuela's Hugo Chavez and crude oil)

    11/30/2007 5:32:43 PM PST · by 2ndDivisionVet · 15 replies · 1,001+ views
    Financial Sense ^ | March 30, 2007 | Elliott H. Gue
    "Water, water every where, And all the boards did shrink; Water, water every where, Nor a drop to drink." --Samuel Taylor Coleridge, The Rime of the Ancient Mariner ----------------------------------------------------- Iran isn’t an energy-independent country. I’m well aware that Iran produces more than 4 million barrels of oil per day, the fourth-highest production in the world. And with the near-constant reporting about Iranian crude reserves during the past six months, I find it difficult to believe that anyone could be unaware that Iran has 132 billion barrels in proven reserves--or, at least, they claim to. But what’s often ignored is that...
  • Chávez threatens to halt Venezuelan oil exports to U.S.

    11/05/2006 8:07:02 AM PST · by thackney · 75 replies · 1,541+ views
    Seattle Times ^ | November 5, 2006 | World Digest
    Venezuelan President Hugo Chávez threatened Saturday to halt oil exports to the United States and said foes of his leftist government are not welcome within the military or the state-run oil company. Also on Saturday, tens of thousands of supporters of Manuel Rosales, Chávez's main challenger in Dec. 3 presidential elections, staged a 16-mile march through the capital Caracas. More than 1,000 police were deployed along the route to prevent clashes between Rosales supporters and "Chávistas" who gathered on street corners as the marchers passed. The opposition has accused Chávez's administration of coercion after Oil Minister Rafael Ramirez was caught...
  • Suck on this Exxon-Mobil!! (Zotted by the Texas oil billionaire mod)

    04/19/2006 8:23:25 AM PDT · by Eddy t · 108 replies · 4,342+ views
    Suck on this Exxon-Mobil!! This seem plausible . . .   GAS WAR - an idea that WILL work This was originally sent by a retired Coca Cola executive. It came from one of his engineer buddies who retired from Halliburton. It ' s worth your consideration. Join the resistance!!!! I hear we are going to hit close to $4.00 a gallon by next summer and it might go higher!! Want gasoline prices to come down? We need to take some intelligent, united action. Phillip Hollsworth offered this good idea. This makes MUCH MORE SENSE than the "don't buy gas...
  • Our silly little 'addiction' (Oil is a fungible commodity)

    02/24/2006 4:34:25 AM PST · by ajolympian2004 · 17 replies · 4,003+ views
    Rocky Mountain News column ^ | Friday February 24th, 2006 | Mike Rosen
    Rosen: Our silly little 'addiction' Sometimes you get great life lessons in unexpected places. Kudos to Scott Adams, the cartoonist who writes the Dilbert comic strip. Adams cut through the fog and gave his readers a valuable insight into the real-world international politics and economics of the energy conundrum. In a recent strip, Dilbert readers were treated to the following exchange: Dilbert: I'm thinking about buying a more fuel-efficient car. Dogbert: Why? Dilbert: It's my patriotic duty to reduce this country's dependence on foreign sources of oil. Dogbert: Why? Dilbert: Because then the countries that hate us will have less...
  • Please take this club and beat me or how OPEC cut supply by 2 million barrels and we shrugged

    02/20/2006 11:55:45 AM PST · by reluctantwarrior · 123 replies · 2,177+ views
    me | 2/20/2006 | RW
    We paid for the flight training we paid for the semtex used in the IEDs in Iraq we paid for the camps we paid for the travel expenses and overhead of Aq cells in 60 countries we paid for the last five years of armed conflict between Islamofacists and the west we paid for the election of Hamas we paid for the Madrid bombers we paid for the knife used to saw Nick Bergs head off What will it take for us to wake up and decide to stop using Saudi oil Let these sand covered a@@ pirates drink the...