Krugman Decapitated!

[Procrustes Stretched]

what a thread.

oh my

 

[edthecynic]

"Maybe the reason Obama has such disdain for entrepreneurs is because the ones he is most familiar with feed at the government trough.

The scandal also is completely at odds with the favorable statist ideal Obama is trying to paint, one in which the government will play a benevolent function in the economy, picking winners and losers as it goes.The Obama team, having tried to create controversies from Romney’s business background, faces a genuine scandal regarding its stewardship of the government."
Solyndra scandal Will it sting - Right Turn - The Washington Post

Well, with only 2.28% in losses that have been more than made up for by the interest on the successful loans, Obama is picking winners better than Bishop Willard ever hoped to do.

 

[PoliticalChic]

11. "Anyhow, let us see how the Nobel laureate [sort of] tries to lurch away.

He may attempt to claim vindication in the notion that the end of peak oil is further evidence that we need not worry about the danger of inflation (though oil is out of the “core” consumer prices on which Mr. Krugman likes to focus).


He may sneer at suggestions that a Dow Jones Industrial Average approaching 18,000 is a phenomenon of fiat money.


Or maybe he’ll just try to carry on, as yet another bystander to this astounding story."
Peak Krugman - The New York Sun




12. Most probably, the latter.


Since they own the news media, Liberals have been able for so very long to simply waddle away from their mistakes, ...



Lots of mistakes:

a. " Nothing Liberals relish more than searching for reasons for being morally indignant! This is because they can’t take the moral high ground on abortion, adultery, illegitimacy, the divorce rate, drugs, crime, a president molesting an intern and then lying to federal investigators. They stake out a clear moral position only on the issue of slavery…of course, when it mattered, they were on the wrong side of that, too."
Coulter

 

[Antares]

Maybe we could go back to whale oil. I'm sure there's a RWnut argument that at some level whale oil is a renewable resource.

Better idea: get rid of every Liberal/Democrat in government.

"U.S. lawmakers don’t drive around in 1970s-era cars, yet they don’t seem to mind energy policies that are equally out of date. Attempts to export shale oil and gas, for example, have run smack into legal and regulatory barriers as old as a Gran Torino.

Energy companies have been urging Congress to lift the lid on exports and start treating oil and gas again like any other commodity that’s freely traded in world markets. Tapping global demand for U.S. shale oil and gas, they say, will spur domestic production and create even more jobs in a sector that’s already racked up robust employment gains."
Bringing U.S. Energy Policy Into the 21st Century - The Daily Beast

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

 

[Mac1958]

Krugman's okay for a theorist.

I wouldn't trust him to run a business, that's for sure.

Theorists have their place.

ROFLMNAO! Here's another classic example of a Leftist Academic Theorists.

The cogent part of which is found at 2:42:

Theorists are fine, they just shouldn't pretend they know what's going on, on the front line.

Far be it for them to dirty their hands in the real world.

My favorite line about theorists: "Economists have predicted 22 of the last 7 recessions".



.

 

[saintmichaeldefendthem]

I remember when the Limbaughs of the world used to think it was great sport to make fun of people who bought vehicles with good gas mileage.

Now even Hannity drives a hybrid.

Hannity is a horse's ass. He doesn't compare to Rush Limbaugh any day. It's why he lost his prime Cumulus radio slot to a more seasoned, experienced, and cultured syndicate, the Michael Savage show.

 

[hipeter924]

Don't see any heads rolling. Krugman has a cushy job that he should keep till he retires, just like all these other columnists and contributors.

 

[NYcarbineer]

Maybe we could go back to whale oil. I'm sure there's a RWnut argument that at some level whale oil is a renewable resource.

Better idea: get rid of every Liberal/Democrat in government.

"U.S. lawmakers don’t drive around in 1970s-era cars, yet they don’t seem to mind energy policies that are equally out of date. Attempts to export shale oil and gas, for example, have run smack into legal and regulatory barriers as old as a Gran Torino.

Energy companies have been urging Congress to lift the lid on exports and start treating oil and gas again like any other commodity that’s freely traded in world markets. Tapping global demand for U.S. shale oil and gas, they say, will spur domestic production and create even more jobs in a sector that’s already racked up robust employment gains."
Bringing U.S. Energy Policy Into the 21st Century - The Daily Beast

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

Oil by the known nature of its creation has to be non-renewable.

 

[NYcarbineer]

Maybe we could go back to whale oil. I'm sure there's a RWnut argument that at some level whale oil is a renewable resource.

Better idea: get rid of every Liberal/Democrat in government.

"U.S. lawmakers don’t drive around in 1970s-era cars, yet they don’t seem to mind energy policies that are equally out of date. Attempts to export shale oil and gas, for example, have run smack into legal and regulatory barriers as old as a Gran Torino.

Energy companies have been urging Congress to lift the lid on exports and start treating oil and gas again like any other commodity that’s freely traded in world markets. Tapping global demand for U.S. shale oil and gas, they say, will spur domestic production and create even more jobs in a sector that’s already racked up robust employment gains."
Bringing U.S. Energy Policy Into the 21st Century - The Daily Beast

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

The Bakken oil discovery is dated 1951.

Famous Bakken formation named for North Dakota homesteaders

 

[Antares]

Better idea: get rid of every Liberal/Democrat in government.

"U.S. lawmakers don’t drive around in 1970s-era cars, yet they don’t seem to mind energy policies that are equally out of date. Attempts to export shale oil and gas, for example, have run smack into legal and regulatory barriers as old as a Gran Torino.

Energy companies have been urging Congress to lift the lid on exports and start treating oil and gas again like any other commodity that’s freely traded in world markets. Tapping global demand for U.S. shale oil and gas, they say, will spur domestic production and create even more jobs in a sector that’s already racked up robust employment gains."
Bringing U.S. Energy Policy Into the 21st Century - The Daily Beast

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

Oil by the known nature of its creation has to be non-renewable.

Nope, sorry.

As long as earth is inhabited by carbon life forms that live and die oil will continue through the ages.

Beyond that you have no idea what has not been discovered yet, I suspect that there is plenty to go around....just as the Bakken suggests.

 

[Antares]

Better idea: get rid of every Liberal/Democrat in government.

"U.S. lawmakers don’t drive around in 1970s-era cars, yet they don’t seem to mind energy policies that are equally out of date. Attempts to export shale oil and gas, for example, have run smack into legal and regulatory barriers as old as a Gran Torino.

Energy companies have been urging Congress to lift the lid on exports and start treating oil and gas again like any other commodity that’s freely traded in world markets. Tapping global demand for U.S. shale oil and gas, they say, will spur domestic production and create even more jobs in a sector that’s already racked up robust employment gains."
Bringing U.S. Energy Policy Into the 21st Century - The Daily Beast

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

The Bakken oil discovery is dated 1951.

Famous Bakken formation named for North Dakota homesteaders

It was not available for consumption until very recently, was it?

Look you hate oil, I get it.......but tough luck it makes the world go around and you'll just have to deal with it.

 

[NYcarbineer]

Answering only yes or no, is crude oil a non-renewable resource?

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

The Bakken oil discovery is dated 1951.

Famous Bakken formation named for North Dakota homesteaders

It was not available for consumption until very recently, was it?

Look you hate oil, I get it.......but tough luck it makes the world go around and you'll just have to deal with it.

You said:

"we didn't have the Bakken discovery a decade ago."

You were wrong by over 50 years. Quit being an asshole.

 

[JoeB131]

And we elected the Magic Negro to put an end to all those wars only to find out what we've always known, that both parties do this.

ending wars is always harder than starting them.

It's a good thing Nixon didn't believe that.

Meh, look what Nixon did to "end" the war. He escalated the bombing of North Vietnam, expanded the war to Cambodia (which led to the Khmer Rouge victory and the killing fields) and at the end of the day, threw the South Vietnamese under the bus anyway.

 

[Antares]

Nope.

It isn't? Where is previously non-existent crude coming from?

Can you show us empirically that there is no more oil being made anywhere on/in the earth?

Now setting aside the impossibility of finding empirical answers to either of our questions, we didn't have the Bakken discovery a decade ago.

Peak Oil was a theory that was avant-garde at the time but it was wrong.

The Bakken oil discovery is dated 1951.

Famous Bakken formation named for North Dakota homesteaders

It was not available for consumption until very recently, was it?

Look you hate oil, I get it.......but tough luck it makes the world go around and you'll just have to deal with it.

You said:

"we didn't have the Bakken discovery a decade ago."

You were wrong by over 50 years. Quit being an asshole.

Meaning you need to "win" on semantics, lol.

 

[Antares]

Carb beat me, beat me far and squar.

 

[Antares]

And we elected the Magic Negro to put an end to all those wars only to find out what we've always known, that both parties do this.

ending wars is always harder than starting them.

It's a good thing Nixon didn't believe that.

Meh, look what Nixon did to "end" the war. He escalated the bombing of North Vietnam, expanded the war to Cambodia (which led to the Khmer Rouge victory and the killing fields) and at the end of the day, threw the South Vietnamese under the bus anyway.

LOL, he did more to end it than any of your butt buddies Joe.

 

[TooTall]

Oil is a non-renewable resource which means its continued use will deplete it.

If you want to argue about the timeframe, fine. But its eventual depletion is an irrefutable fact.

You are correct, oil and the mining of gold and other minerals that the government give a depletion allowance to are non-renewable resources. But liberals like you don't approve of that.

 

[Antares]

Oil is a non-renewable resource which means its continued use will deplete it.

If you want to argue about the timeframe, fine. But its eventual depletion is an irrefutable fact.

You are correct, oil and the mining of gold and other minerals that the government give a depletion allowance to are non-renewable resources. But liberals like you don't approve of that.

Were you or anyone else to be honest you'd qualify that.

The truth is that it is pure speculation based on the ego of humanity.

You and those who hold this view are looking at the issue in a modern primacy and not the long view that the subject demands.

 

[TooTall]

Oil is a non-renewable resource which means its continued use will deplete it.

If you want to argue about the timeframe, fine. But its eventual depletion is an irrefutable fact.

You are correct, oil and the mining of gold and other minerals that the government give a depletion allowance to are non-renewable resources. But liberals like you don't approve of that.

Were you or anyone else to be honest you'd qualify that.

The truth is that it is pure speculation based on the ego of humanity.

You and those who hold this view are looking at the issue in a modern primacy and not the long view that the subject demands.

The argument was qualified by NYcarbineer by the word time frame. The technology advances of fracking and recovery of shale oil has increased the possibility of depleting the oil available far beyond previous forecasts.

 

[saintmichaeldefendthem]

And we elected the Magic Negro to put an end to all those wars only to find out what we've always known, that both parties do this.

ending wars is always harder than starting them.

It's a good thing Nixon didn't believe that.

Meh, look what Nixon did to "end" the war. He escalated the bombing of North Vietnam, expanded the war to Cambodia (which led to the Khmer Rouge victory and the killing fields) and at the end of the day, threw the South Vietnamese under the bus anyway.

He ended a war started by DEMOCRATS. When are you Leftists going to start taking responsibility for your mistakes?