President Bush says "Take a deep breath..." - Page 3 - Mercedes-Benz Forum

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post #21 of 38 (permalink) Old 07-15-2008, 09:05 PM Thread Starter
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Originally Posted by mcbear View Post
I reread my comments. They made perfect sense.

Nice duck by the way. So where are those mis-characterizations?
You got to quit reading your own BS. It'll give you indigestion. No duck, just Jayhawk...

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post #22 of 38 (permalink) Old 07-15-2008, 09:08 PM
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^You are a pompous ass that never engages in meaningful debate. Clear?
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post #23 of 38 (permalink) Old 07-15-2008, 09:11 PM Thread Starter
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^You are a pompous ass that never engages in meaningful debate. Clear?
That should read, "...pompous ass who never engages in meaningful debate."

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post #24 of 38 (permalink) Old 07-15-2008, 09:12 PM
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You haven't presented any evidence that you have a clue on the potential return on ANWR drilling.

Let's see who the dense ones are. Bush notices $4 gas and $140 oil, talks to Saudis, gets about 350K more barrels per day. He lifts his father's restriction on OCS. Asks congress to do same. Pelosi accuses him of creating a distraction, won't bring up a bill. Democrat mantra is "We can't drill our way out of this." Ken Salazar D Colorado holds up any congressional action on freeing up oil shale. And on and on. Partisan obfuscation from the Dems. No action. Bunch of wishful thinkers and no balls. They are on the wrong side of this issue and will lose the election if the Repubs play it right (probably doubtful).

BTW. Bush blames the Dems because they deserve it. 57% of the folk agree.

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post #25 of 38 (permalink) Old 07-15-2008, 09:13 PM Thread Starter
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Bushie "coming around to my way of thinking", I don't think so. If you want to try an insult, at least figure out your story.

My point with Bush is not that he is "finally" getting to that oil, my point is now, and has always been that ANWR is an economic waste of time and money. The ROT/I is just not there. Same with Offshore.

My point about questioning why he did not pass OCS and ANWR while he had Congressional Majorities is to question why he politicizes it now. He blames the Democrats, just like you just blamed Clinton in 96 yet your argument as to why he did not do it in 2001-2006 fall apart, completely.

Three swings, three misses.
Your only "point" is on top of your head! You're out!!

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post #26 of 38 (permalink) Old 07-15-2008, 09:17 PM
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That should read, "...pompous ass who never engages in meaningful debate."

That is a matter of choice not right or wrong. Perfect analogy for what you lack.
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post #27 of 38 (permalink) Old 07-15-2008, 09:18 PM
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Gentlemen: I must say, that I enjoy the "discussions" of Mcbear, Jayhawk, drewprof, et. al...more than McLaughlin Group, Lou Dobbs, etc. - I would drive 1600 Kilometers (One Thousand Miles, to you) to attend a face to face " discussion".
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post #28 of 38 (permalink) Old 07-15-2008, 09:21 PM Thread Starter
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Gentlemen: I must say, that I enjoy the "discussions" of Mcbear, Jayhawk, drewprof, et. al...more than McLaughlin Group, Lou Dobbs, etc. - I would drive 1600 Kilometers (One Thousand Miles, to you) to attend a face to face " discussion".
We will try to arrange that, thank you!

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post #29 of 38 (permalink) Old 07-15-2008, 09:23 PM
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Let's go to Calgary. So much beauty there and north.

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post #30 of 38 (permalink) Old 07-15-2008, 09:33 PM Thread Starter
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Bush Says Drill, Drill, Drill — and Oil Drops $9...

In a dramatic move yesterday President Bush removed the executive-branch moratorium on offshore drilling. Today, at a news conference, Bush repeated his new position, and slammed the Democratic Congress for not removing the congressional moratorium on the Outer Continental Shelf and elsewhere. Crude-oil futures for August delivery plunged $9.26, or 6.3 percent, almost immediately as Bush was speaking, bringing the barrel price down to $136.

Now isn’t this interesting?

Democrats keep saying that it will take 10 years or longer to produce oil from the offshore areas. And they say that oil prices won’t decline for at least that long. And they, along with Obama and McCain, bash so-called oil speculators. And today we had a real-world example as to why they are wrong. All of them. Reid, Pelosi, Obama, McCain — all of them.

Traders took a look at a feisty and aggressive George Bush and started selling the market well before a single new drop of oil has been lifted. What does this tell us? Well, if Congress moves to seal the deal, oil prices will probably keep on falling. That’s the way traders work. They discount the future. Psychology and expectations can turn on a dime.

The congressional ban on offshore drilling expires September 30, so that becomes a key date. A new report from Wall Street research house Sanford C. Bernstein says that California actually could start producing new oil within one year if the moratorium were lifted. The California oil is under shallow water and already has been explored. Drilling platforms have been in place since before the moratorium. They’re talking about 10 billion barrels worth off the coast of California.

There’s also a “gang of 10” in the Senate, five Republicans and five Democrats, that is trying to work a compromise deal on lifting the moratorium. So it’s possible a lot of action on this front could occur much sooner than people seem to think.

So I repeat: Drill, drill, drill. Deregulate, decontrol, and unleash the American energy industry. Those hated traders will then keep selling oil as the laws of supply and demand and free markets keep working.

Bravo for Bush. Bravo for the traders.

Kudlow's Money Politic$ on National Review Online

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