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In case you are wondering how our incompetent Leader is doing on the energy front...
HoustonHusky
Member Posts: 6,025
in Tug Tavern
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
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Or the Veggie in Chief could stop waging war on domestic oil producers. Just a thought.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil... -
46XiJCAB said:
Or the Veggie in Chief could stop waging war on domestic oil producers. Just a thought.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
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I can't imagine a more imbecilic and worse person to have sitting at the big desk than this buffoon.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
Having said that, I've been meaning to check in with you and @UW_Doog_Bot about our current inflation situation. Last tim we talked about it, there was some ambiguity if the then-trending rise in prices was just related to infrastructure, logistics, supply chain, shortages, etc. due to the Vid, or if the bigger picture was the money machine running at full tilt for the last forever. Any current views?
It's interesting ... Biden is fuck to poke at because he's such a huge POS and terrible leader ... and brain dead ... but the money machine problem spans administrations, and Trump didn't want to turn it off either.
My question is whether this inflation is truly indicative of a watered down currency, a proxy for a failing economy or something else ... or, who cares? I know the Tug is more interested in the political explanation, but the truth is the money machine problem is bigger than, and preceded, the current dipshit in chief.
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Worst President in American history. Absolutely worthless and embarrassing.
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I'm in the d) all of the above camp...although I still think the core of it is the Fed money-printing everything it can to prop up all the asset bubbles and government overspending and most everything is cascading from that. If they hadn't and everything crashed hard during Covid you would have had massive deflation then, but you would have also brought the economy online a lot faster and wouldn't have nearly the supply chain problems or massive inflation (past the original point) you have now. I think the 'Vid (and the idiotic govt responses) just sped it up and exacerbated it, but it was coming regardless. Helicopter too much money out there and it drives too much demand that the system can't handle.
Commodities except energy are crashing...go look at copper, steel, corn, etc...pretty good indication a nasty recession is coming. Energy is what's going to really make it a doozy, Carter-esqu mess though because it won't crash...people put up with and listened to these Green Energy nuts for too long and its going to take a couple of years for the market to adjust (and will probably steady out at a lot higher energy prices for everyone). -
Without cheap money, you could have never shut down the economy. Everything after that was beyond obvious.creepycoug said:
I can't imagine a more imbecilic and worse person to have sitting at the big desk than this buffoon.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
Having said that, I've been meaning to check in with you and @UW_Doog_Bot about our current inflation situation. Last tim we talked about it, there was some ambiguity if the then-trending rise in prices was just related to infrastructure, logistics, supply chain, shortages, etc. due to the Vid, or if the bigger picture was the money machine running at full tilt for the last forever. Any current views?
It's interesting ... Biden is fuck to poke at because he's such a huge POS and terrible leader ... and brain dead ... but the money machine problem spans administrations, and Trump didn't want to turn it off either.
My question is whether this inflation is truly indicative of a watered down currency, a proxy for a failing economy or something else ... or, who cares? I know the Tug is more interested in the political explanation, but the truth is the money machine problem is bigger than, and preceded, the current dipshit in chief. -
And it still caused massive problems.Bob_C said:
Without cheap money, you could have never shut down the economy. Everything after that was beyond obvious.creepycoug said:
I can't imagine a more imbecilic and worse person to have sitting at the big desk than this buffoon.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
Having said that, I've been meaning to check in with you and @UW_Doog_Bot about our current inflation situation. Last tim we talked about it, there was some ambiguity if the then-trending rise in prices was just related to infrastructure, logistics, supply chain, shortages, etc. due to the Vid, or if the bigger picture was the money machine running at full tilt for the last forever. Any current views?
It's interesting ... Biden is fuck to poke at because he's such a huge POS and terrible leader ... and brain dead ... but the money machine problem spans administrations, and Trump didn't want to turn it off either.
My question is whether this inflation is truly indicative of a watered down currency, a proxy for a failing economy or something else ... or, who cares? I know the Tug is more interested in the political explanation, but the truth is the money machine problem is bigger than, and preceded, the current dipshit in chief.
Another lingering question I have is, what the fuck is this great resignation shit? Where are people going? The stimulus checks couldn't take even the most poor person more than a few months. And I know it's not savings. This is America; nobody saves.
What is this labor shortage about? -
When everything is going up in price, it's largely a monetary issue caused by the explosion of the fed printing money. The federal government printed money ostensibly to save Americans from the mandated lockdowns. So blame it on the chicom crud and the complete failure of the US medical bureaucracy who made the choice for destruction of our economy and the termination of over 20 million jobs. The supply constraints (both goods and labor) are also partially due to the slowdown of trade. Lots of Americans took early retirement or just said phuck it, I'll just scrape by in Mom's basement.creepycoug said:
I can't imagine a more imbecilic and worse person to have sitting at the big desk than this buffoon.HoustonHusky said:
Maybe he can hope the Ukraine war ends soon and he can send his crack-addicted son over to bang some Russian underage escorts and beg Putin to pump more oil...
Having said that, I've been meaning to check in with you and @UW_Doog_Bot about our current inflation situation. Last tim we talked about it, there was some ambiguity if the then-trending rise in prices was just related to infrastructure, logistics, supply chain, shortages, etc. due to the Vid, or if the bigger picture was the money machine running at full tilt for the last forever. Any current views?
It's interesting ... Biden is fuck to poke at because he's such a huge POS and terrible leader ... and brain dead ... but the money machine problem spans administrations, and Trump didn't want to turn it off either.
My question is whether this inflation is truly indicative of a watered down currency, a proxy for a failing economy or something else ... or, who cares? I know the Tug is more interested in the political explanation, but the truth is the money machine problem is bigger than, and preceded, the current dipshit in chief.
The US hasn't built a new oil refinery since the 1970s. Like California's water shortage, you can't bring in tens of millions of illegal and legal aliens and not increase the supply. Under current state and US regulatory authority, no new refinery could be built and none could be financed with the dems promising to terminate fossil fuels in the mid-term. Even with expanded US oil production, any increase in the supply of gasoline will have to come from outside the US. Gasoline and diesel drive the US economy and there is no commitment from either the dems or the so-called Republican leadership to do anything about the supply of US produced gas. -
Trump likes to buy love but as BobC points out the Pandemic spending was a whole nother level. You could blame Trump but Biden couldn't wait to triple down
And it was money for nothing. No roads or sewers or chicks for free
Not unlike the transition between W and Obama and the shovel of bullshit jobs
I think it's fair to say both parties spend recklessly
Only one party wanted to destroy the economy and still do
I hate the GOP as much as anyone but at this point it's the only hope
