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Old 10-12-12, 10:32 AM   #31
Tribesman
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Again - hogwash. Thinks like stopping the Keystone XL pipeline have a direct impact on the availability and thus price of oil/gas. The administration not only stopped that project, but has restricted domestic oil production on federal land - meaning more supplies must come from overseas. All of which affect gas prices. I am not saying that the futures market doesn't have some impact, but to claim that the President (through his administration) has no control - is just an outright fallacy.
I cannot believe it.
Keystone is expected to add 10c to the fuel costs in parts of America
not lower it.
The major beneficiaries yet again are the house of Saud.

Besides which I would have thought a decent republican would be up in arms about foriegn corporations siezing peoples land under eminent domain
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Old 10-12-12, 11:30 AM   #32
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You can pump oil from Canada to Cushing all you want, but without the refinery capacity there, Big oil companies are not going to sit on it. They will selll it on the world markets.
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Old 10-12-12, 08:38 PM   #33
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Originally Posted by mookiemookie View Post
So one economist and one not-economist say something, and that means "most economists" said it. Gotcha.

Remember when people would be happy that unemployment was going down because it meant that the country was doing better? I guess party politics has taken precedence over that.
Cmon mookie - I said "off the top of my head". A 30 second google search for the CA info. You want to nitpick that? What do you want - a list of a 100? Get real. Go do a little research - the numbers don't add up and are based on incomplete data - the 8th largest economy with an average unemployment rate 3% higher than the national average.... That FACT alone tells you that 7.8% isn't an accurate number.

When the numbers are obviously flawed - and we were promised one thing and get another - then its not about party politics - its about what is acceptable performance.
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Old 10-12-12, 09:00 PM   #34
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Remember when people would be happy that unemployment was going down because it meant that the country was doing better? I guess party politics has taken precedence over that.
So if they were to give you ten cents on the dollar in your next paycheck you'd be happy because you at least got something?

There is plenty to be pissed at. We should be under 6% unemployment by now. The administrations only solution seems to have been to throw borrowed money at the problem and get the entire country at each others throats and the bill for these huge deficits they're running are going to be paid by far more people than just the evil "millionaires and billionaires".

Heck we'll be loosing another 2% of our pay to the rehiking of Social Security taxes at the end of the year. I haven't heard these democrat champions of the middle class talk much about that.
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