Friday, October 2, 2009

The Republicans are setting a trap for Obama

You probably have noticed inconsistencies in the prescribed courses of action on Afghanistan and where do the Republicans stand. They don’t even know, but we do know this: that the Republicans are saying one thing one day and another thing the next, sort of speaking out of both sides of their mouths.

One might ask, why is this apparent inconsistency? On the one hand they say that President Obama is not doing enough or acting fast enough in Afghanistan, on the other some are saying that he should pull all troops out because we are not prepared to suffer any more costs of American lives for a corrupt government.

The country of Afghanistan has been called “The Graveyard of Empires” and rightfully so, the British saw defeat there as well as the Soviets. There is no reason to believe that we are going to fare any differently.

However, if you see it like I do, as a double edged sword, you can’t help but deduce that Republicans are setting up President Obama whether he takes one path or the other. It is a lose, lose situation. And they are just salivating over the fact that Afghanistan is a problem that Obama may not be able to solve.

However, what the assholes are failing to even mention is that the Afghanistan war has been going on longer than any war in our history, that because their insistence in invading Iraq and carrying on an unnecessary war there, wasting our resources and having Iraq become a nuisance distraction, the war in Afghanistan was neglected and we are in a precarious situation over there now as a result of ex-President’s Bush incompetence and arrogance as well as the insistence of the Republicans to take us into an unnecessary war.

It is clear that conflict and war in the world, particularly in the Middle East is good for the oil companies. That is what many believe the Iraq war was about. Curiously, we find that conflict coincides with high profits for the oil companies. Conversely, high gasoline prices bring about less consumption and the oil companies make a higher level of profit while actually selling less. In other words, they work less for what they do and get a bigger return on their investment.

You probably have heard Republicans repeat their mantra “Drill, baby, drill”. And they also want you to believe that we don’t have the technology to become energy self-sufficient or not depend on foreign oil. Don’t you believe it. Just look at Brazil, a third world country in the 70’s; they decided they were not going to be hostage to the oil cartel and embarked on the most ambitious program of its kind even by industrialized nations’ standards. They converted most of their vehicles to be able to run on ethanol derived from sugar cane, which is self-sustainable and non-polluting. As if this wasn’t enough, they went out and borrowed heavily from the World Bank and build what is still today, the largest hydroelectric dam in the world. Itaipú dam provides for the energy needs of almost half of the South American continent. And Republicans want us to believe it can’t be done? This happened over thirty years ago folks.

I also had my doubts and for that reason, I am posting below the following graphs and facts.

Historical data of the profits of Oil Companies








·

1972

Jan 26, 1972 - A day earlier, Standard Oil of New Jersey, the world s biggest petroleum company, reported record profits for last year. ... Last year's net income from operations, $120.1 million, was the highest in the firm s history. Overall net income was higher only in 1966, when Getty's ...
From
3 Major Oil Companies Report '71 Profit Gain - Related web pages
pqasb.pqarchiver.com/latimes/access/668250282 ...

·

1973

Oct 25, 1973 - tar. reported that its third quarter earnings were the highest of any quarter in its history . or 1.4.1 per share versus 27.3-million or 1.09 ... The nine-month loss eached versus a year-earlier profit of $1.5millfcm . Directors of St. Befit Paper Co. declared a 3-for-2 split in its ...
From
Big Oil Companies' Profits Jump . - Related web pages
news.google.com/newspapers?id=dLINAAAAIBAJ ...

·

1974

Feb 10, 1974 - The different ways they view the company Illus- trate the debate over the oil industry s profits. The meaning of the numbers, like the concept of beauty, ... The ar- over prices-and the oil company profit. generated by these rising prices-will be fought hard and loud In Washington. ...
From
Oil Company Profit Figures: Significance Lies in Eye of the Beholder - Related web pages
pqasb.pqarchiver.com/latimes/access/646345612 ...

·

1975

Apr 27, 1975 - The oil industry profit boom of the last two years ended last week as most of the nation's major oil companies reported sharply lower profits for ... The decline in profits reported by the large oil companies averaged 30 to 35 per cent. The nation s five largest oil companies showed ...
From
Oil Profits Slump Amid Debate on Their Adequacy - Related web pages
select.nytimes.com/gst/abstract.html?res ...

·

1976

Dec 22, 1976 - profits 'I he oil companies with their tremendous economic power and willingness to tamper with our political system are weakening our democratic and free enterprise system . The profit motive can work pretty tood when you really have a free enterprise economic system. ...
From
Hits Oil Company Profits . - Related web pages
news.google.com/newspapers?id=HEkOAAAAIBAJ ...

·

1977

Oct 14, 1977 - He also said that the end of government controls could lead to "the biggest rip-off in history." Asked why he was not using the threat of ... "As for oil company profits, they are not outlandish. Only with a fair return on investment can the companies help produce our way out of this ...
From
Oilmen Irked at Carter's Charge - Related web pages
pqasb.pqarchiver.com/latimes/access/653711052 ...

·

1979

Apr 12, 1979 - Powell refused to discuss how re straints on oil company profits would work. thought has been given to that," he said. there are various ways. ... Powell suggested cryptically that tax legislation might be drafted to encourage plowing back profits. history of taxation In this country ...
From
White House hedges on taxing oil profits . - Related web pages
news.google.com/newspapers?id=0nURAAAAIBAJ ...

·


Oct 27, 1979 - WASHINGTON Twenty of the nation's largest- oil companies were asked by President Carter's ion council on Friday to provide information on prices and recent profits within 10 days. The action by the Council on Wage and Price Stability came as Texaco Inc. announced that its profits in ...
From
Beefing it up President wants oil companies' profit information within 10 … - Related web pages
news.google.com/newspapers?id=hM4SAAAAIBAJ ...

·

1980

Jan 24, 1980 - Mobil Corp., the nation's second larg est oil company, reported a 78 percent increase In profits In 1979 and a 72 per cent Increase In fourth-quarter earnings Other oil companies announced higher earnings of varying magnitude. Gulf Oil Corp., the fifth biggest re finer, today announced ...
From
Oil company profits climb sharply in 79 . - Related web pages
news.google.com/newspapers?id=08YUAAAAIBAJ ...

·

1981

May 3, 1981 - 1 round of price boosts by the Organization of Petroleum Exporting Countries The oil companies vary in how they report their profits, ... The star of the first quarter among the oil companies was Standard Oil Co of Ohio, which reported profits rose 15.5 percent to 4 million Like ...
From
Oil Companies Profits Slip With Gasoline Sales . - Related web pages
news.google.com/newspapers?id=wuISAAAAIBAJ ...

·

1985

Feb 11, 1985 - Gasoline refineries operate on profit margins as thin as oil slicks, if they have any profit at all. And still out there are the hunters, ... As it approaches its 100th birthday in 1986, Sun is a leaner, more tightly focused company than at any time in its recent history. ...
From
… DAY AT SUN OIL COMPANY PROFITS FROM A NARROWED FOCUS - Related web pages
docs.newsbank.com/g/GooglePM/PI/lib00187 ...

·

1988

Jan 26, 1988 - Exxon-the nation's biggest oil company-reported net income of $1.56 billion ($1.12 per share) in the three months ended Dec. 31, compared with a profit of $1.48 billion ($1.03) in the same period of 1986. The New York company's revenue in the quarter rose to $22.6 billion, ...
From
Oil Company Profits Climb in Quarter - Related web pages
pqasb.pqarchiver.com/washingtonpost/access ...

·

1990

Oct 23, 1990 - Arco reported a nearly 22% increase in third quarter profit on Monday and other oil companies posted significant gains as energy firms reaped the benefits of higher crude oil prices triggered by the Iraqi invasion of Kuwait. Arco-one of the largest producers of Alaskan crude oil-said ...
From
Oil Company Profits Take a Sharp Jump - Related web pages
pqasb.pqarchiver.com/latimes/access/60174529 ...

·

1991

Jan 26, 1991 - The protest followed news that Chevron and Exxon Corp., two of the nation's biggest oil companies, made stunning profits in 1990. On busy Market Street, as Financial District workers crowded sidewalks to get to work, bands of the demonstrators banged drums, waved banners and shouted ...
From
ANTI-WAR RALLY FOCUSES ON OIL-COMPANY PROFITS - Related web pages
docs.newsbank.com/g/GooglePM/SB/lib00167 ...

·

1996

Jan 23, 1996 - Major US oil companies reported higher fourth-quarter profits that included surprisingly good results from domestic production and international refining. Exxon Corp., Mobil Corp., Amoco Corp., Texaco Inc. and Atlantic Richfield Co. all reported higher profits before special charges ...
From
FOREIGN MARKETS GIVE OIL COMPANIES PROFIT BOOST - Related web pages
docs.newsbank.com/g/GooglePM/SL/lib00171 ...

·

1998

Dec 2, 1998 - ... ... are at their lowest level since the Great Depression, says Daniel Yergin, author of "The Prize," a history of the oil industry. ... That has squeezed profit margins from crude oil output, or "upstream" operations, at the big oil companies despite technology-driven reduction in ...
From
Deal Allowed Exxon to Expand Oil Reserves - Related web pages
pqasb.pqarchiver.com/washingtonpost/access ...

·

1999

Apr 28, 1999 - Three of the biggest US oil companies said first-quarter earnings plunged as oil prices remained near historic lows in January and February. Texaco Texaco's profit fell 59 percent to $105 million, or 18 cents a share, compared with $259 million, or 46 cents a share, ...
From
Oil companies' profits decline dramatically - Related web pages
docs.newsbank.com/g/GooglePM/ST/lib00155 ...

·

2000

Apr 18, 2000 - CanOxy reported the best quarterly profits in its history. It benefited from strong crude oil prices, higher production and a continuing focus on cost reductions. The company made $137 million, or 92 cents a share, in the first quarter, compared with a loss of $46 million, ...
From
Oil companies' profits soar ; Big price rise helps CanOxy, PanCanadian - Related web pages
pqasb.pqarchiver.com/thestar/access/426718671 ...

·

2001

Jan 25, 2001 - Oil giant Exxon Mobil Corp. reported the largest quarterly profit in US history Wednesday, as higher prices for crude oil and natural gas fattened its bottom line. Exxon Mobil, the nation's largest oil company, wasn't alone. It led a parade of oil companies posting fourth-quarter ...
From
Oil companies' profits huge - Related web pages
www.enquirer.com/editions/2001/01/25 ...

·

2002

Nov 16, 2002 - As well, the company recently completed testing a second exploration well in Block 16-1 off Vietnam, recording a flow rate of approximately 3500 barrels per day of crude oil. A second well in Block 9-2 has been drilled and preliminary results are expected in January. ...
From
Thai Oil Company's Profits Rise despite Lower Product Prices in Third … - Related web pages
www.accessmylibrary.com/premium/0286/0286 ...

·

2003

Aug 29, 2003 - Kloza thinks gas prices will "drop like a rock" by mid- September, eroding oil company profits. "Over the course of a year, profits are not ... Big oil companies, awash in first-half profits, are continuing to make money from the record gasoline prices that are pinching motorists. ...
From
Record gas prices pump up profits for oil companies ; Refining business a ' … - Related web pages
pqasb.pqarchiver.com/USAToday/access/389956991 ...

·

2004

Apr 21, 2004 - Apr. 21--A study released Tuesday backs a common complaint from drivers: Profits for oil companies have been rising sharply along with prices at the gas pump. The average profits for California's top five oil companies spiked 298 percent in 2002, while gas prices increased 21 percent, ...
From
As Prices at Gasoline Pump Rise, So Goes Oil Companies' Profits. - Related web pages
www.accessmylibrary.com/premium/0286/0286 ...

·

2005

Oct 28, 2005 - Washington Post staff writer Justin Blum was online to discuss oil company profits, gas prices and proposed drilling in Alaska's Arctic ... Consuming less oil products would reduce oil company profits. But many Americans decided to buy SUVs that consume lots of gasoline at a time when ...
From
Oil Company Profits - Related web pages
www.washingtonpost.com/wp-dyn/content ...

·

2006

Apr 26, 2006 - In January, Exxon Mobil Corp. alone reported the highest corporate profit in US history: $10.71 billion for the fourth quarter of 2005 and $36.13 ... Even Bush called on Congress yesterday to temper one small provision in last year's energy bill that offered oil companies a quick tax ...
From
GOP Blocks Measures Boosting Taxes on Oil Companies' Profits - Related web pages
www.washingtonpost.com/wp-dyn/content/article ...

·

2007

Jul 27, 2007 - (07-27) 18:43 PDT -- This spring's punishing oil and gasoline prices helped propel Chevron Corp. to the highest quarterly profit in its 128-year history - $5.38 billion -- the San Ramon company reported Friday. That's 24 percent more money than Chevron made in the same quarter last ...
From
… hits all-time high San Ramon company has best earnings in its history - Related web pages
www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007 ...

·

2009

Aug 6, 2009 - The government has "no plans" to introduce a windfall tax on oil company profits, the Treasury insisted as Shell announced UK record £9.3bn profits. Economic secretary John Healey told MPs that firms should have to "pay a proper price" for the right to make money from the UK's North ...
From
Oil company profits - Related web pages
politics.guardian.co.uk/commons/story/0,9061 ...

SOURCE: http://www.google.com/#q=oil+companies+profits,+history&hl=en&sa=G&tbo=p&tbs=tl:1&num=50&ei=TvLDSrP0NJKf8AbdtMjfCQ&oi=timeline_navigation_bar&ct=timeline-navbar&cd=2&ved=0CB0QywEoAw&fp=d7540d72a642aedc



Curiously, shortly before his replacement, Greenspan let it slip that the war in Iraq was a war about Oil. He retracted the statement shortly afterwards, I am sure after Rove, Cheney and Bush chewed him a new asshole. But what was said, was already out there and he couldn’t take it back. That is one truth that was revealed to us from one who knows.


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PATHETIC, JUST EMBARRASSING. TOM DELAY WAS A LOSER WHEN IN CONGESS, HE IS A BIGGER LOSER AS A DANCER.

I don’t like to watch programs like “Dancing with the Stars”. I think these types of programs are silly and have very little redeeming value. But this one takes the cake. As if his relevancy had not been diminished enough when he was removed from Congress, this asshole has such an ego that he wants to continue in the limelight. I couldn’t help to watch the clips in the news of Tom Loser Delay’s ineptitude on the dance floor.I couldn’t help to watch the clips in the news of Tom Loser Delay’s ineptitude on the dance floor.

It wasn’t enough to suffer the humiliation of being convicted of corruption and removed, he has to somehow continue to bring shame upon himself by dancing in a banal, meaningless program and show the world that he is the “stud” who can dance his way to fame. Who does he think he is? John Travolta in “Dirty Dancing”.

Michelle Bachman is at it again. Now she is saying that having a nurse in the public schools could lead to government sponsored abortions done without parental knowledge to 13 year old girls. This cunt doesn’t know where to draw the line. Imagine that? All I have to say is if your 13 year old daughter gets knocked up it doesn’t say much for your parental skills and the way you have been bringing her up. I think that is what may have happened to Sarah Palin. We need to do something about removing this douche bag from Congress.



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THE EAGLE IS REALLY GOING TO SHIT, AND IT WILL FALL ON YOU!

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A reader of my blogs asked me why the name TrickledownBS. I think it is almost self-explanatory. To start, the term was coined by ex-President Reagan who recommended the premise that if you gave money to the rich, they will pass it down to the middle class and the poor. The “Trickle Down Economics” that he believed in and to a great extent a lot of his disciples still do, just doesn’t work. We know that if you reduce the taxes on the very wealthy, if you give them subsidies and award them sweetheart deals, like contracts that are hyper-inflated, they will just hoard the money. What little that is actually percolated into the national economy is spent on excesses like yachts or private jets. It is still to be proven to me and millions of other people in America that “Trickle Down Economics” is not Bull Shit.


Then there is this bill proposed by Senator Baucus that is not only a gift to the insurance companies but would also impose penalties to those who do not carry insurance. What the Fuck is he thinking? Imagine that, we as Americans want to have a choice, to be able to go to the marketplace and chose the best insurance for our money…that is competition at its best, and I think that is what the free enterprise system is all about, and this asshole is proposing to do just the opposite. This is another douche bag that needs to be removed from public office.

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