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Varchild2008 (84.39)

King Nothing isolates himself further as Castle crumbles

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June 01, 2012 – Comments (20)

King Nothing isolates himself further as Castle crumbles

President Obama is out there already tossing blame at Congress.  No...Not tossing out solutions....Not extending a "Fig Leaf" to Republicans to work to pass the Transportation Bill with Keystone Pipeline attached....Not out there willing to compromise and pass corporate tax rate reductions found in many of the bills passed by the House of Representatives, and stalled in the Senate.

As the castle crumbles around him, King Nothing isolates himself by placing blame on Eurozone for America's troubles.   I don't think Americans....Wall Streeters.....anyone for that matter wants the Leader of the Free World to come up empty and resort to blame tactics.

 

"Wish I may
Wish I might
Have this I wish tonight
Are you satisfied?
Dig for gold
Dig for fame
You dig to make your name
Are you pacified? 

All the wants you waste
All the things you've chased

Then it all crashes down
And you break your crown
And you point your finger
But there's no one around "

Mettalica - King Nothing

All of us investors now have to pick up the pieces wrought by the Mass Destruction of Partisan, Vindictive, "It is your fault not mine," politics of the White House.

 

20 Comments – Post Your Own

#1) On June 01, 2012 at 2:31 PM, Varchild2008 (84.39) wrote:

http://www.gop.gov/policy-news/11/10/27/summary-of-jobs-bills-stalled


Above hyperlink, scroll to #17 ( but by all means read them all).
These are just a small sample of bills stalled in the Senate that the House of Reprsentatives passed.

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#2) On June 01, 2012 at 2:32 PM, Varchild2008 (84.39) wrote:

http://www.reuters.com/article/2011/10/13/us-usa-jobs-idUSTRE79A4D220111013

 

Here is another link to a Senate Republican Jobs Bill stalled.
It urges tax reform and cuts spending.

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#3) On June 01, 2012 at 2:53 PM, Varchild2008 (84.39) wrote:

http://www.housingwire.com/news/republican-jobs-bill-aims-repeal-dodd-frank

Republican jobs bill would have rolled back regulations, cut corporate tax rates, and done away with DODD-FRANK  (which by the way was inadequate anyhow to stop JPM's London Whale situation).

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#4) On June 01, 2012 at 4:25 PM, docmtc50 (< 20) wrote:

 

 A fig leaf? 

 

"The single most important thing we want to achieve is for President Obama to be a one-term president."

 

   I wasn't that shocked by McConnell's original statement. Heck, I even appreciated his admission. But if you're going to make the president's failure your top goal -- and if you're going to brag about it -- you really can't get upset when the president blames you for you for a lousy economy.

 

   A fig leaf? I recall Bonehead bragging, "We got 98% of what we wanted." 98% on a, "compromise," that they are itching to renege on as we approach the 'cliff.'

 

   Attach the pipeline to your jobs bill? 20,000 jobs plus 100,000... 200,000 more? The pipeline that the feds and Cornell University estimated 5,000 temps at the most with perhaps 200 permanent jobs? The one that it is said will reduce native American jobs in the exploration and production industry? The one that would likely raise our gasoline prices? The one that would push heavy, filthy oil across America for likely sale to foreign lands?

 

   A fig leaf? Compromise? I'd suggest you put your ear buds back in and blast some more Metallica into your cranium. If this economy goes anywhere but up, the Republicans and their filibusters will need to take responsibility for their dastardly deeds.

   John Maynard Keynes, we need you.

 

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#5) On June 01, 2012 at 5:52 PM, Varchild2008 (84.39) wrote:

Wake me up when the Senate passes a single jobs bill the Republicans send up and then we will talk.

"If this economy goes anywhere but up, the Republicans and their filibusters will need to take responsibility for their dastardly deeds."

Right blame the Filibusters of the Republican party and not the "Sidelining of Jobs Bills" by the Democratic Party in charge of the Senate.

Last a I checked....The Democratic controlled Senate hasn't passed a Budget in well past a 1000 days.

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#6) On June 01, 2012 at 5:55 PM, Varchild2008 (84.39) wrote:

President Obama can not even get a SINGLE VOTE for any of his Budgets in the last 2 years in the Democratically Controlled Senate.

I love how the SPIN is blame the Republicans when the Democratic Party has also been 100% opposed to President Obama of late.

We have Corey Booker, Governor Deval, former President Bill Clinton, Lanny Davis, and countless other Democrats or Democratic Party supporters dumping on President Obama for his attacks on Private Equity firm Bain Capital.

The TRUTH is there for all to see.  When not even members of your own political party support you anymore, then that is a huge huge problem for KING NOTHING.

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#7) On June 01, 2012 at 6:04 PM, Varchild2008 (84.39) wrote:

"Attach the pipeline to your jobs bill? 20,000 jobs plus 100,000... 200,000 more? The pipeline that the feds and Cornell University"

Pretty sure the Oil Industry and the Construction Workers of the America have a much better idea of how many jobs would be created than a LEFTIST, Enviro-obssessed, Public School System like Cornell University.

Here's your UNBIASED *Holier than Thou* Cornell University:

http://www.ilr.cornell.edu/globallaborinstitute/research/Keystonexl.html

The study comes from Cornell's GLI  "Global Labor Institute"

http://www.ilr.cornell.edu/globallaborinstitute/events/

Look at the list of GLI events:

A)  The Case of Public Ownership of Utilities

B)  Film Screen:  Climate Refugees

C)  Workshop - Creating jobs and reducing Global Warming pollution

D)  http://www.ilr.cornell.edu/globallaborinstitute/events/Labor-Leaders-Climate-Forum-Retreat-at-Pocantico.html

Last sentence reads:

"technical assistance and research for labor unions in order to further engage the US labor movement in shaping the transition to a low carbon future and a more sustainable economy."

Think an organization that's hell bent opposed to Carbon based fuels is going to generate a positive looking article on Keystone Pipeline?

Uhm....NO!

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#8) On June 01, 2012 at 6:09 PM, Varchild2008 (84.39) wrote:

Also, shows your ignorance of how the Oil pricing works.

This is a GLOBAL supply and demand story.  Doesn't really matter where the OIL is sold off to.... The reality is that as OIL supply far exceeds OIL demand, the prices drop.

As oil prices drop.....certain sectors of the economy improve that are consumer spending dependant.

Keystone sells oil overseas?  How is that a bad thing?

Supplies go UP (period) and that pushes pricing down (period) no matter what the U.S. exports happen to be.

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#9) On June 01, 2012 at 6:11 PM, Varchild2008 (84.39) wrote:

President Obama is hanging TOM BARRET of Wisconsin out to dry this weekend....planning NO campaign stops with him in Wisconsin just days before the vote.

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#10) On June 01, 2012 at 7:53 PM, awallejr (79.94) wrote:

Keystone sells oil overseas?  How is that a bad thing?

So let them sell that dirty crap to China and build a pipeline over their own country. Once the pipeline is built most of those jobs are gone.  You would just need maintenance staff and whatever terminal and shipping jobs you would create at the pipeline's end.  It really isn't as many permanent jobs as some try to argue. 

Canada is being disingenuous.  They know the oil isn't for US consumption but they just keep quiet whenever others try to suggest it is.

I hear the Kudlowites screaming how Obama's tax policy would be bad for the economy.  Yet do they ever mention the fact that so far Obama has KEPT the Bush tax cuts.  And despite this the economy still isn't revving up strong.

Sadly there just isn't a viable third choice.

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#11) On June 01, 2012 at 8:44 PM, HarryCarysGhost (99.78) wrote:

Hi everybody,

I rarely post on political discussions here (just leads to arguments)

Seriously, I could scream go Ron Paul at the top of my lungs but I doubt that would change anyones entrenched posistion.

But I would like to share a day in the life story. Central time

4:30- Punch out, time for a cold one.

4:45- Turn on the news (it's nice to have a short commute) See that Obama landed at O'hare)

Ok this is where I have a problem, WHAT A DICK!!!, The dude lived in Chicago and knows how rush hour is. Yet he's fine with closing down I-90 and Lake shore Drive while millions of people are trying to get home to enjoy their weekends.

You could vote for that inconsiderate a$$hole, if you want but I think it's telling of what he thinks of the comman working men and women of the city he knows all to well. Could've shown up at 2:00 dude, and not inconvenienced people or do you think your better then they?

HCG- rant over.

 

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#12) On June 01, 2012 at 9:25 PM, HarryCarysGhost (99.78) wrote:

As I was sayin' then he helicopters in on Marine force one (guess I clicked over to sportscenter during that...:)

To attend a $35,800 plate fundraiser.

Political fund raising needs to be capped.

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#13) On June 01, 2012 at 9:53 PM, docmtc50 (< 20) wrote:

awallejr: Thanks for your input. It seems as varchild2008 just loves to see his own rants; and, HarryCarysGhost (who doesn't argue) just had to get in a quick argument before a Cub's game that he (she?) was late for thanks to the POTUS.

It is a sorry state of affairs that an oil conglomerate can buffalo so many Americans with pie in the sky promises, and an entire political party can sell the same lies so much, that way too many people believe them.

"Jerry, just remember, it's not a lie..... if you believe it."

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#14) On June 01, 2012 at 10:26 PM, HarryCarysGhost (99.78) wrote:

#13

http://www.youtube.com/watch?v=xddv_ep86Cs

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#15) On June 02, 2012 at 4:30 AM, awallejr (79.94) wrote:

Could've shown up at 2:00 dude, and not inconvenienced people or do you think your better then they?

LOL Harry.  I got nailed in traffic because Bidden decided to do a "plate" appearance in White Plains, NY awhile back.  Ticked me off that I was stuck in traffic because of that ;p

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#16) On June 02, 2012 at 4:34 AM, awallejr (79.94) wrote:

It is a sorry state of affairs that an oil conglomerate can buffalo so many Americans with pie in the sky promises

The nature of politics unfortunately.

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#17) On June 04, 2012 at 11:47 AM, JimmyZangwow (22.39) wrote:

Why would anyone go see the crummy Cubs? Oh well, they do have one heckuva nice ball park. Just give in and cheer for the Cards.

By the by, having grown up in the "oil patch", and having most of my extended family involved with petroleum industry in one phase or another (exploring/drilling, refining, R&D of plastics feedstocks, I feel safe in saying that the pipeline jobs are one time things. Don't look at the petrochemical industry as a source of massive employment increases in the near- or long-term.

When they build it (c'mon, you know they'll break down and vote for it sooner or later- we never leave a valuable resource unused forever!) and pipe crude to almost entirely machine-operated refineries.Refineries used to be a big employer of people, but the past 30 years have seen engineers relieve people of many dirty and dangerous jobs in production of petroleum and related petrochemicals.

 Oh, and Martin/Fletcher, I can't believe a mom can make that much money either, but I wish you would not tell people about it here. These bitly and shorturl marketing people are like locusts.

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#18) On June 04, 2012 at 5:48 PM, leohaas (92.02) wrote:

And how does all of this relate to investing?

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#19) On June 04, 2012 at 8:24 PM, whereaminow (75.43) wrote:

Hey, does this mean we can argue about politics again?

(Cue whereaminow rolling up sleeves. Cut to leohaas shaking his head in disapproval. Return to whereaminow skulking off in disappointment....)

David in Liberty

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#20) On June 05, 2012 at 11:43 AM, mtf00l (46.68) wrote:

So, David, is that why you don't blog anymore? :D

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