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Re: Samuelson on OIl Drilling

by "John Galt" <whoisjohngalt@[EMAIL PROTECTED] > May 3, 2008 at 08:55 AM

"The Trucker" <mikcob@[EMAIL PROTECTED]
> wrote in message 
news:pan.2008.05.02.19.09.57.596981@[EMAIL PROTECTED]
> On Sat, 03 May 2008 01:20:44 +0800, John Galt wrote:
>
>>
>> "The Trucker" <mikcob@[EMAIL PROTECTED]
> wrote in message
>> news:pan.2008.05.02.16.44.35.422774@[EMAIL PROTECTED]
>>> On Fri, 02 May 2008 13:03:26 +0800, John Galt wrote:
>>>
>>>>
>>>> "The Trucker" <mikcob@[EMAIL PROTECTED]
> wrote in message
>>>> news:pan.2008.05.02.04.30.49.9073@[EMAIL PROTECTED]
>>>>> On Thu, 01 May 2008 04:50:17 +0530, John Galt wrote:
>>>>>
>>>>>>
>>>
>>>>>> I'll have to disagree. The core of the problem, and well
documented, 
>>>>>> is
>>>>>> that
>>>>>> US students choose MBA's (higher wage, less effort) instead of
>>>>>> engineering
>>>>>> (lower wage, difficult curriculum).
>>>>>
>>>>> Not until H1B's were used to destroyed the wages and wage prospects
of
>>>>> the
>>>>> engineers.  The Republicans will always be self fulfilling.  By 
>>>>> refusing
>>>>> to pay the wages demanded by technological innovation, by increasing

>>>>> H1B
>>>>> quotas to address the shortage of skilled engineers the Republicans
>>>>> CREATED the shortage and an ACTUAL need for even MORE H1B's.  Then 
>>>>> when
>>>>> low wages would no longer sup****t the economy we had a bust and even
>>>>> more
>>>>> demand by the Republicans for even more H1B's.
>>>>>
>>>>>> Thus, you need HIB's, which were
>>>>>> increased multiple times during the Clinton years
>>>>>
>>>>> Show me.  The Clinton years were 2.  As far as any progressive
change,
>>>>> the "Clinton years" ended in 1995,  Thereafter he had to play
defense
>>>>> with
>>>>> the veto pen and was unable to do much of that even.  All of the
good
>>>>> economic performance was created by the tax legislation in 1991 and
>>>>> 1993.
>>>>>
>>>>>> and were a necessary
>>>>>> facilitator to the dot-com bubble,
>>>>>
>>>>> Yes!!!!!  The Dot com bubble was caused by H1B and capital gains tax
>>>>> cuts and deregulation.
>>>>>
>>>>>> which HIT in March of 2000, clearly in
>>>>>> the Clinton years.
>>>>>
>>>>> The "Clinton Years" ended in 1995 when The Gingrich Republicans took
>>>>> control of Congress with the "Contract on America".
>>>>
>>>> So the "Bush Years" ended in 2006, and we can now blame the
Democrats?
>>>> :-)
>>>> (I doubt you'll agree)
>>>
>>> I will agree to a certain extent.  A major change can only occur when
>>> there is a TRUE and significant Congressional majority AND, in most 
>>> cases,
>>> a non opposing veto pen.
>>
>> Then with split houses, nobody's ever accountable. Nice.
>
> With regard to major changes that is a political reality caused by the
two
> party system and the lack of control by real people in the society.
> And no, it isn't "nice". It just is.

Yes, my "nice" was sarcastic.

So then why burn up so much internet bandwidth on blaming people and 
parties, if no one's accountable? I was thinking about your example prior
re 
Gingrich's Securities bill which Clinton vetoed and which was overrode.
That 
entire cycle (in that nobody had a vetoproof majority in any House) breaks

down to "GOP sponsored the legislation, it passed, President vetoed, an a 
BIPARTISAN consensus in Congress overrode. By any fair-minded analysis of 
the situation, the "fault" of the legislation ( from your standpoint,
since 
you dislike it) is no longer GOP -- it's that of both parties.

We tend to forget in our vigorous criticism that virtually nothing gets
done 
in Wa****ngton without both parties colluding on it. We focus on the
majority 
party, the sponsoring party, and/or the President in our criticism, but
all 
told, bad legislation is always a cluster****.
>
>> I see it differently.  Legislators ought to do the right thing and hang

>> the
>> consequences. For example (to choose the most charged issue on the 
>> political
>> table right now) if the Democrats have actionable evidence of Bush's
>> constitutional malfeasance, then they should bring articles of 
>> impeachment
>> immediately and screw the consequences -- or else they're as guilty as 
>> they
>> think he is. In fact, they are in violation of their own oaths of
office 
>> if
>> they do not.
>
> You will get no argument from me.  Bush should have been impeached in
> January of last year.  Perhaps more im****tantly, the House should not
have
> done anything with Bush's veto of their original war funds bill but to
> change some words that didn't matter very much and sent it right back.
>
>> But will they? Noooooo.
>
> I'm on your side on this one.
>
>>>In some cases it is possible for major
>>> change to occur in spite of the veto pen but it requires a
>>> significant majority in the Congress.  Clinton attempted a veto of the
>>> Gingrich legislation that made it almost impossible for shareholders
to
>>> sue cor****ate management for malfeasance.  He got overridden.  And due

>>> to
>>> the political influence and rightarded propaganda concerning the
>>> Democratic tax increase on the rich, Clinton lost the Congress in
1994.
>>
>> Others have different interpretations of the events of 1994.
>
> They are probably creditable also, but my interpretation is not really
> refutable.  There was also the "gays in the military" crap which is an
> absolute political loser and will remain so.  There was the cave in to
> NAFTA and some other ancillary stuff.  But the main thrust was the tax
> adjustments as totally mischaracterized.

I think that many will tell you that the entire HilaryCare mess (you willl

recall that Hilary ran her health care committee with Cheney-like secrecy,

also, which did made her as many friends on the right as Cheney's oil 
meetings did for him on the left) allowed the Clintons to be painted as 
socialists. This country just doesn't want to be Sweden, and any goverment

initiative that kicks up the size of goverment double digits with the 
passage of a single bill is a nonstarter here.
>
>>> The lock step Republicans then controlled both Houses of Congress. 
The
>>> Congress makes the laws and the tax code.  Not the (P)resident.  It is
>>> interesting to note that cutting taxes is very easy while increasing 
>>> taxes
>>> is very very difficult and as can be seen with the Gingrich takeover
it 
>>> is
>>> often political suicide.  Even though the economy did very, very well
>>> after the tax adjustment (as any economist worth spit could have
>>> projected), the single minded bleating of the Republicans concerning
>>> taxation won the day in 1994 and the Congress was lost.
>>>
>>>> I'm getting your position here. The only time it's the Democrats
fault 
>>>> is
>>>> if
>>>> they have both Houses and the Presidency.
>>>
>>> No.  My position is that large changes can only take place when one 
>>> party
>>> controls the whole thing. Otherwise, you have a standoff in most
cases.
>>> That means that large changes are accountable to the political party 
>>> only
>>> during such periods. These large changes have long term effects. 
There
>>> is no way in hell that Clinton could have vetoed the capital gains tax
>>> cuts of 1997 and had ANY PRAYER AT ALL of a Democratic gain in the
>>> Congress in 1998 or the (P)residency or the Congress in 2000.  This is

>>> an
>>> example of a true Congressional majority in both Houses creating a
major
>>> change in spite of the veto pen. There is no way in hell that you can
>>> equate the very weak Democratic House majority and the non existent 
>>> Senate
>>> majority of the current Democrats with the "tax cut propaganda" and
the
>>> Republican majority in 1997 (26 seat majority for the Republicans in
the
>>> Senate in 1997).
>
> The left wing nut cases blast Clinton for a tax cut for the rich in
> 1997 and totally distort that legislative act even worse than the
> righties. They are a sick bunch on the far left.  Just as bad as the far
> right with their "my way or the highway" crap.

I completely concur.
>
>>>> Otherwise, the nefarious influence
>>>> of the GOP causes the problem. (And, I suspect if the Democrats have
a
>>>> three-fer, and things don't improve, the cor****ate lobbyists will be
at
>>>> fault.)
>>>>
>>>> I have little patience for this level of partisan****p, so I'll just 
>>>> leave
>>>> it
>>>> there.
>>>
>>> My position is clear and born out by the historical data and the
facts. 
>>> I
>>> am partisan as hell and I will admit it.
>>
>> You can't be partisan and then assume you are accurate.
>
> Bull****.  I hate Republicans.  That does not change the historical
facts
> or the data.  And YES I do have the ALL the data and I use ALL the data.
> I do not cherry pick.

Strong emotion is always the enemy of reason. You may feel that you have 
your enemy in check; others may differ.
>
>> Everyone has facts;
>> hell, facts are cheapest commodity in politics. It's how they're
balanced
>> against the whole that matters, and if you have a preference for one 
>> party
>> over the other, the facts will (quite interestingly) always seem to
fall 
>> to
>> one side.
>>
>> For example, here's a couple of facts: My first house was purchased in 
>> 1980
>> on a 15.25% interest ARM. I purchased another house in 1988 on a 7.5% 
>> arm.
>> Those two facts, if taken alone, would lead me to conclude what, about 
>> the
>> efficacy of President Reagan? (Probably something very different than 
>> your
>> conclusion about the man.)
>
> But that would be because you fail to account for the actions of Paul
> Volcker and the Federal Reserve.

Welcome to the US. The majority of the nation doesn't know who Paul
Voelker 
is. Americans are smart but apolitical. They want sound bites and not 
analysis. The sound bite here is as I said above, and even if you want to 
dig under the covers, Reagan enabled Voelker in spite of a lot of
political 
pressure. That's to Reagan's credit.


Note that such HUGE deviations in
> interest rates are not part of the 90's.  Only the 80's.  Reagan had
> _NOTHING_ to do with interest rates reaching close to 20% and
essentially
> destroying the US economy.  And he had nothing to do with these rates
> declining. The Republicans love to cherry pick the economic data and
claim
> efficacy of their absurd fiscal policies.  The reason for the growing
and
> recovering economy in the "Reagan years" was the free ride Reagan got on
> monetary policy.  Carter takes the hit for appointing Volcker, not
> Reagan.  But the Republicans even try to claim that Reagan stopped
> the inflation monster.  Total religion and nothing to do with reality.
> Mine are the real facts as opposed to Republican rhetoric.

Because facts-aren't-everything, however, what matters is that the
consensus 
of Presidential historians real facts are that the Presidental histories 
rate Reagan as the best President in the last 45 years, which for most 
Americans means "their lifetime."

What I dislike about such analyses outside of the professional historical 
realm is that they claim the benefit of hindsight. Reagan walked into a 
world with 15% interest rates, double digit unemployment, and a Cold War 
with a viable enemy. The world looks very different today, and it's easy
to 
say this decision or that was partisan-this, religous-this, 
non-reality-that.
>
>>> But the history and the data
>>> show a good bit of WHY I am partisan as hell.  I am NOT an 
>>> uber-Democrat.
>>> But I am certainly anti-Republican.  My country is bleeding because
the
>>> damned Republicans.
>>
>> Come over to India. You;ll get a sense on what trivia we argue about in

>> the
>> States. You'll realize that the term "bleeding" is hyperbole.
>>>
>>>>  In 1997 Bill Clinton
>>>>> was NOT damned fool enough to attempt a veto of the Capital Gains
tax
>>>>> cuts, nor the H1B increases.  He had already had his Veto on
>>>>> deregulation
>>>>> overridden.  He was politically weakened by the constant attacks of 
>>>>> the
>>>>> Republicans even though he was NEVER as loathsome to the majority as
>>>>> Bush.
>>>>>
>>>>>> These are all excellent datapoints to my ongoing contention that we

>>>>>> are
>>>>>> being governed by what is essentially one party,
>>>>>
>>>>> I do not disagree that we are being governed by an unelected cartel
of
>>>>> lobbyists and rich people.
>>
>> Quite.
>>>
>>> The only real answer to the problem is to increase the representation
of
>>> the people in their government.  I think I know how that can best be 
>>> done
>>> and it is most certainly in keeping with the Constitution and what the
>>> people were convinced they were getting when they ratified the
>>> Constitution.
>>>
>>> http://GreaterVoice.org/extend
>>
>> I agree with the problem, but tend to agree with Madison vis a vis
>> "multitude". My solution would be to recognize that we've reached an
>> unwieldy and ungovernable size, and move into a Federalist direction.
The
>> best goverment is the one closest to the people.
>
> Mine is a compromise between splitting up the USA and providing true
> representation for the common people in the current full sized USA.  It
> seems to me that we would probably get a lot less "top down" government
> with my solution, and a lot more local control.

Possibly, but that's a faith based conclusion, having never done it
before. 
We've done federalism -- we've just never done it while retaining some 
levels of modern federal agencies.
>
>>>
>>>>>> consisting of a bipartisan
>>>>>> den of theives, who pass the baton back and forth every few years
to
>>>>>> give
>>>>>> the sheeple a change to release their emotions in an election
process
>>>>>> under
>>>>>> the mythology that something will really "change."
>>>>>>
>>>>>> I mean, for crying out loud. Take a look at the positions of any of

>>>>>> the
>>>>>> candidates. Does anybody really believe that bouncing a tax rate up
>>>>>> 3.3%
>>>>>> on
>>>>>> rich people is "CHANGE"?
>>>>>
>>>>> Our problem does not lie in the (P)residency.  It lies in the
Congress
>>>>> and most im****tantly in the NON representative nature of OUR House
of
>>>>> Representatives.  Thwarted telco immunity may well be the first baby
>>>>> steps
>>>>> of reclaiming some semblance of popular representation and control
in
>>>>> our
>>>>> government.  Let us hope.
>>
>> Nothing that a little political courage wouldn't solve. Perhaps we
should
>> make the job a bit less enjoyable. Then, perhaps the representatives 
>> would
>> vote their minds as opposed to pander for votes.
>
> Pandering for votes is fine.  Pandering for campaign contributions
isn't.

Well, they do both. I suspect most are better at the latter.

JG

>
>> Here's an idea: In the interests of a Green goverment, remove the air
>> conditioners from the Capitol and the House and Senate office
buildings.
>> :-)
>>
>> JG
>
> -- 
> "I know no safe depository of the ultimate powers
> of society but the people themselves; and
> if we think them not enlightened enough to
> exercise their control with a wholesome
> discretion, the remedy is not to take it from
> them, but to inform their discretion by
> education." - Thomas Jefferson
> http://GreaterVoice.org/extend
>
 




 89 Posts in Topic:
Samuelson on OIl Drilling
"John Galt" <  2008-04-30 14:10:44 
Re: Samuelson on OIl Drilling
vjp2.at@[EMAIL PROTECTED]  2008-04-30 09:36:14 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 15:33:13 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-04-30 06:41:09 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 21:56:12 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-04-30 14:45:32 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 04:50:17 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 21:30:52 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 13:03:26 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-02 09:44:38 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-03 01:20:44 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-02 12:09:59 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-03 08:55:24 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 09:48:59 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 16:10:19 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 16:16:11 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 16:36:43 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 02:58:13 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 21:28:39 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 10:51:28 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-05-01 16:27:00 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 08:56:40 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 09:45:10 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 21:57:21 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-04-30 07:22:44 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 10:34:57 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 22:01:31 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 12:41:38 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 22:39:54 
Re: Samuelson on OIl Drilling
Joe Steel <JoeSteel@[E  2008-04-30 09:45:54 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-04-30 22:05:45 
Re: Samuelson on OIl Drilling
Joe Steel <JoeSteel@[E  2008-04-30 15:40:46 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 16:48:32 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 03:00:25 
Re: Samuelson on OIl Drilling
Joe Steel <JoeSteel@[E  2008-05-01 11:15:07 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 08:14:20 
Re: Samuelson on OIl Drilling
JCrowe <bongofury@[EMA  2008-05-02 11:50:03 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-03 08:37:44 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 17:59:57 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-04-30 10:35:00 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 13:11:14 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 02:56:19 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 21:21:00 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 10:48:30 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-05-01 13:08:20 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 08:51:38 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 16:16:23 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 09:02:35 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-04-30 13:38:01 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 16:44:22 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 20:49:13 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 21:15:35 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-04-30 13:48:18 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-04-30 20:54:34 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-04-30 13:56:34 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 16:58:54 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-04-30 14:16:28 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-04-30 18:03:33 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 04:22:30 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 04:23:27 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-05-01 16:29:44 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 04:24:31 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 04:39:51 
Re: Samuelson on OIl Drilling
"Larry Hewitt"   2008-05-01 09:13:42 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 05:24:24 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 05:43:18 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 16:27:02 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 06:06:15 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 06:11:04 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 21:49:51 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 06:16:49 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 06:20:32 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 06:31:38 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 10:13:02 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 07:02:20 
Re: Samuelson on OIl Drilling
forbisgaryg@[EMAIL PROTEC  2008-05-01 07:06:10 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-01 23:07:11 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 09:48:54 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 08:16:14 
Re: Samuelson on OIl Drilling
The Trucker <mikcob@[E  2008-05-01 18:15:17 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 09:55:00 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-05-01 22:17:24 
Re: Samuelson on OIl Drilling
"John Galt" <  2008-05-02 10:23:19 
Re: Samuelson on OIl Drilling
Rich Travsky <traRvEsk  2008-05-01 08:49:02 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 09:51:31 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 14:19:08 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-01 18:12:34 
Re: Samuelson on OIl Drilling
"Sid9" <sid9  2008-05-01 21:16:13 
Re: Samuelson on OIl Drilling
Geo <taxpayer779@[EMAI  2008-05-02 04:46:48 

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tan13V112 Wed Jul 9 2:47:34 CDT 2008.