Posted on 02/25/2012 2:27:09 AM PST by Cincinatus' Wife
Litigation isn't poker. It's chess. You have to think three or four moves ahead.
Economics is like that, too.
Nothing is ever actually ceteris paribus. All the little economic variables are always moving and changing. The world's largest economy (ours) is all interconnected. Touch one gizmo, and you affect several other gizmos. All the little widgets talk to each other.
It's even more so with our even larger, globalized economy.
[GREAT BIG IMPORTANT SNIP]
Do you have any idea where this leads? There won't be another refinery built in the United States. We will end up importing all our refined products to escape the controls. If the only way U.S. oil companies can reap the world price is to sell overseas, then you'll see this entire industry migrate out of the United States.
And almost all the high-paying jobs will go, too.
In twenty years, the U.S. petroleum industry will have moved overseas, corporate headquarters included, because the U.S. laws and regulations which Bill O'Reilly is suggesting will handicap them vis-à-vis their competitors. Their American shareholders will support these moves. All the high-paying jobs which used to be in Texas, Louisiana, and Oklahoma -- not just the headquarters jobs, but also technical services as well -- will be in Dubai, Singapore, Holland, and all sorts of havens.
Maybe Brazil.
Natural resources is a global industry. The natural resource companies headquartered in the United States don't need to be headquartered in the United States. It's that simple. Controls always have this effect.
Bill O'Reilly is a thinking man, a well-educated man, and a highly intelligent man. Last night's Talking Points Memo was not his best effort.
I'm sure Bill O'Reilly will think this through.
(Excerpt) Read more at americanthinker.com ...
A malapert; a witling!
Bill O’Reilly: What Presidents Obama and Carter Do Not Understand
http://www.freerepublic.com/focus/f-news/2783231/posts
O’Reilly “This is not a partisan analysis. When President Obama took office, I knew he was an income redistribution guy. In fact, I challenged him on that in our first interview during the 2008 campaign. But once elected I decided to give the president a chance to see if his economic vision, big government management of the economy, could turn things around.”
Earlier this week, O’Rielly had some oil guy on and after extracting the answer O’Rielly wanted, which we knew, there is enough gas in the US. O’Rielly had no interest into getting a full explanation, but I think the guy was saying,
...that just refining oil for the US market would be smaller volume and would end up costing more. But thanks to O’Rielly, we may never know...
I stopped watching O’Reilly many years ago, once I realized that, he was compromising his positions in order to gain a larger audience which included liberals. I don’t ever take anything he has to say with any kind of seriousness at all.
To him, a larger audience meant a bigger paycheck, the truth be damned.
“Bill O’Reilly is a thinking man, a well-educated man, and a highly intelligent man. “
BOR is a moron. His father told him the oil companies fix the market price.
I, for one, have made the decision to forgo watching the closet Liberals and/or Liberal rectum-kissers on FOX and elsewhere.
It’s a never ending puzzle to me how Bill O’Reilly retains his popularity and gets ratings for his Fox show.
The sight of him causes a gag reflex. I can’t stand the guy.
I was born in Staten Island and my last name begins with an O’,.......
His father told him the oil companies fix the market price.
Assuming his father was born around the beginning of the century, they did. But as we know things change and the oil industry has changed more and been influenced more than any other I know of.
I hear you.
We have considered SoDak, but the places we are attracted to because of the availability of navigable water and *some* hills, such as Yankton, are full of statists, due to the universities. However, you are still in a state that is affordable, has an economy and AFAIK,is still sovereign. If you had more hills and more rainfall, you would be overrun.
We have the statists over here in SW WI, too. More and more of them every year. Not just the transplants, but the inculcated younger generation and, of course, the unionized.
I don’t have any answer to the problem of the tribes. As you said, they are their own nation and we have little input, except for all the Federal tax money. Poster children for the folly of white guilt and Federal dependence.
I am glad to be old. We experienced the very best time of this nation. Sux to be ending our lives in America’s decline.
"No Tax or Duty shall be laid on Articles exported from any State."
I can't imagine what he ever said to give you that impression.
“His father told him the oil companies fix the market price.”
The point is BOR spews goofy conspiracy theories as commentary.
A poster here hit it when he said BOR says what people want to hear so he plays to their prejudices. His one goal is to maximize the size of his audience.
“I am glad to be old. We experienced the very best time of this nation. Sux to be ending our lives in America’s decline”.
Knowing your state, I can see how you would think as you do.
What your state is going through and has already experienced with the present governor and state house, and the recall is devastating, We only hope and pray for wise minds to prevail. Madison is the poster child of liberalism just as Sioux Falls, east river, the tribes, and reservations are in SD. If it wasn’t for the conservatives in West River, the state would never have a chance of winning an election of conservatives.
I can point to times recent, when we had Tommy two tongues Dashle, Tim, the constitution is a living document, Johnson, and Stephanie Herseth Sandlin as the contingent in DC. All are democrats, and fortunately only one is still in office, but all three had a major roll in forcing Obama care on the American people.
I just cannot stand the guy... it started with me during the Iraq war when this imbecile tried to tell the generals how they should be fighting the war.
This bloviator even talks over Brit Hume - technically, I suppose, his boss.
His stand against the oil companies has totally infuriated me [not that I listen much]... he is part of the lunatic mob that will force govt takeover of the oil industry, and then: LOOK OUT if you don't vote Democrap!
A heads-up to FReepers: when they railed against the 'oil speculators in the last oil-barrel price run-up, one of the big speculators was Harvard University!
Isn't it strange that I can find this out while the nation's journalists [like Bill Oh Really] are completely in the dark?!
I, for one, have made the decision to forgo watching the closet Liberals and/or Liberal rectum-kissers on FOX and elsewhere.
Same here. I rarely watch FNC. Libs constitute the majority it seems.
“I’m sure Bill O’Reilly will think this through.”
Never use the words Bill O’Reilly and thinks in the same sentence. HIs ideas about oil are moronic. He seems to think that the oil companies “set” the price of crude oil. What an idiot!!!
I stopped watching when I realized he was pretty much a standard east coast liberal moron.
LOL forever.
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