B-Man Posted May 16, 2022 Share Posted May 16, 2022 US Strategic Petroleum Reserve drops to its lowest level since 1987 https://twitchy.com/brettt-3136/2022/05/16/us-strategic-petroleum-reserve-drops-to-its-lowest-level-since-1987/ 1 1 Link to comment Share on other sites More sharing options...
Big Blitz Posted May 19, 2022 Author Share Posted May 19, 2022 (edited) How inflation could help us save money — and the planet https://on.mktw.net/3lnEAge Send all these people to the ash heap of history. Inflation is actually good! I guess the "Putins price hike" mantra isn’t getting thru. Edited May 19, 2022 by Big Blitz 1 Link to comment Share on other sites More sharing options...
aristocrat Posted May 20, 2022 Share Posted May 20, 2022 2 Link to comment Share on other sites More sharing options...
Wacka Posted May 20, 2022 Share Posted May 20, 2022 The only reason Jimmy Carter is still alive is he wants to be sure, he is NOT the worst president before he dies. Gas is the highest it has EVER been, even worse adjusted for inflation than the 70s oil crisis. CDs were 16% in the late 70s. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted May 20, 2022 Share Posted May 20, 2022 1 hour ago, Wacka said: The only reason Jimmy Carter is still alive is he wants to be sure, he is NOT the worst president before he dies. Gas is the highest it has EVER been, even worse adjusted for inflation than the 70s oil crisis. CDs were 16% in the late 70s. Fake News: They didn’t have CDs in the late 70s. We were still using record players. Even Joe Biden knows that! 😉 1 1 Link to comment Share on other sites More sharing options...
TSOL Posted May 21, 2022 Share Posted May 21, 2022 I have faith in Biden to pull us out of this economic tailspin Another 4 years Link to comment Share on other sites More sharing options...
B-Man Posted May 21, 2022 Share Posted May 21, 2022 Link to comment Share on other sites More sharing options...
B-Man Posted May 27, 2022 Share Posted May 27, 2022 US economy shrank by 1.5% in first quarter of 2022. https://nypost.com/2022/05/26/us-economy-shrank-by-1-5-in-first-quarter-first-drop-in-gdp-since-pandemic/ Link to comment Share on other sites More sharing options...
B-Man Posted May 27, 2022 Share Posted May 27, 2022 Link to comment Share on other sites More sharing options...
Precision Posted May 27, 2022 Share Posted May 27, 2022 5 hours ago, B-Man said: They're empty because the democrats are busy campaigning for the midterms. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted May 27, 2022 Share Posted May 27, 2022 6 hours ago, B-Man said: Ha ha, is that where you get your economic dis-information? 😆 Link to comment Share on other sites More sharing options...
Big Blitz Posted May 27, 2022 Author Share Posted May 27, 2022 1 hour ago, Tiberius said: Ha ha, is that where you get your economic dis-information? 😆 This good? PER CNN 1 Link to comment Share on other sites More sharing options...
B-Man Posted May 31, 2022 Share Posted May 31, 2022 Biden Wants You to Know the Economy Is Super and if You Don’t Agree You’re a Moron. https://pjmedia.com/news-and-politics/matt-margolis/2022/05/31/biden-wants-you-to-know-the-economy-is-super-and-if-you-dont-agree-youre-a-moron-n1602115 Link to comment Share on other sites More sharing options...
Irv Posted June 1, 2022 Share Posted June 1, 2022 I wish this idiot and whoever is running the Executive Branch never got elected. What a disaster. What a mess. No more Demented Joe. I can’t take it anymore. 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted June 1, 2022 Share Posted June 1, 2022 (edited) 3 hours ago, Irv said: I wish this idiot and whoever is running the Executive Branch never got elected. What a disaster. What a mess. No more Demented Joe. I can’t take it anymore. My problem with Joe's team isn't so much they've caused all these problems but that they seem committed to making everything worse. You've got an Energy secretary that doesn't know anything about energy, a Commerce secretary that doesn't know anything about commerce, a Transportation secretary that doesn't know anything about transportation, an Agriculture secretary that doesn't know anything about farming. When Joe's first act was to kill Keystone I immediately started building investment positions in energy funds and ETF's. Given that and other moves designed to intentionally destroy the domestic energy sector it was an easy and almost 100% guaranteed investment decision. Edited June 1, 2022 by All_Pro_Bills 1 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 Just now, All_Pro_Bills said: My problem with Joe's team isn't so much they've caused all these problems but that seem committed to making everything worse. You've got an Energy secretary that doesn't know anything about energy, a Commerce secretary that doesn't know anything about commerce, a Transportation secretary that doesn't know anything about transportation, an Agriculture secretary that doesn't know anything about farming. When Joe's first act was to kill Keystone I immediately started building investment positions in energy funds and ETF's. Given that and other moves designed to intentionally destroy the domestic energy sector it was an easy and almost 100% guaranteed investment decision. Wrong, respectfully. They know exactly what they’re doing. Joe doesn’t, but they do. You have to break it all down before you can ‘transition’ to a transformed America. Link to comment Share on other sites More sharing options...
BillStime Posted June 1, 2022 Share Posted June 1, 2022 9 minutes ago, SoCal Deek said: Wrong, respectfully. They know exactly what they’re doing. Joe doesn’t, but they do. You have to break it all down before you can ‘transition’ to a transformed America. TRIGGERED Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted June 1, 2022 Share Posted June 1, 2022 (edited) 26 minutes ago, SoCal Deek said: Wrong, respectfully. They know exactly what they’re doing. Joe doesn’t, but they do. You have to break it all down before you can ‘transition’ to a transformed America. The problem is they're not very good at math or understanding the realities of the physical world. The fossil fuel era provided a one-time big boost to human existence and population facilitated by a high density energy source. A one-time endowment of nature. Everything around us is based on it. And social and economic progress over time have been built upon the ability to harness more and more efficient and higher output levels of energy. Human workers, animals, wind, water, burning wood, steam, petroleum. Renewables are a step backward unless you want to take a leap of faith in the all-mighty God of technology to come up with something more efficient. Where's the details of the plan? Just lots of high level horseshit. It would take close to 12 Billion standard solar panels to replace one day of US gasoline consumption. A conversion factor being 29 panels per gallon of gas, 44 gallons per barrel, 9.4 million barrels per day. Placed end to end about 8 million miles long (4x2 panels). Where's all the material, physical space, and construction for all that coming from? that's just one application. And only domestic consumption. We need a real plan produced by electrical & civil engineers and other professions, One that will work. Not pronouncements from political idiots. Edited June 1, 2022 by All_Pro_Bills 1 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 1 hour ago, All_Pro_Bills said: The problem is they're not very good at math or understanding the realities of the physical world. The fossil fuel era provided a one-time big boost to human existence and population facilitated by a high density energy source. A one-time endowment of nature. Everything around us is based on it. And social and economic progress over time have been built upon the ability to harness more and more efficient and higher output levels of energy. Human workers, animals, wind, water, burning wood, steam, petroleum. Renewables are a step backward unless you want to take a leap of faith in the all-mighty God of technology to come up with something more efficient. Where's the details of the plan? Just lots of high level horseshit. It would take close to 12 Billion standard solar panels to replace one day of US gasoline consumption. A conversion factor being 29 panels per gallon of gas, 44 gallons per barrel, 9.4 million barrels per day. Placed end to end about 8 million miles long (4x2 panels). Where's all the material, physical space, and construction for all that coming from? that's just one application. And only domestic consumption. We need a real plan produced by electrical & civil engineers and other professions, One that will work. Not pronouncements from political idiots. You’re preaching to the choir. These people are religious zealots. It’s really that simple. 2 hours ago, BillStime said: TRIGGERED My response was purely rational. Nothing triggered here…champ. 1 Link to comment Share on other sites More sharing options...
BillStime Posted June 1, 2022 Share Posted June 1, 2022 2 minutes ago, SoCal Deek said: You’re preaching to the choir. These people are religious zealots. It’s really that simple. My response was purely rational. Nothing triggered here…champ. Oh - Karen is TRIGGERED Lolz Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 Just now, BillStime said: Oh - Karen is TRIGGERED Lolz Get back to class…junior 1 Link to comment Share on other sites More sharing options...
BillStime Posted June 1, 2022 Share Posted June 1, 2022 Just now, SoCal Deek said: Get back to class…junior So triggered Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 1 minute ago, BillStime said: So triggered Please use all caps. I cannot hear you. By the way…you’re getting excellent reception in detention. 1 Link to comment Share on other sites More sharing options...
BillStime Posted June 1, 2022 Share Posted June 1, 2022 6 minutes ago, SoCal Deek said: Please use all caps. I cannot hear you. By the way…you’re getting excellent reception in detention. TRIGGERED much? Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 13 minutes ago, BillStime said: TRIGGERED much? You can even access memes from detention. You’re almost ready to go out in the world and make something of yourself. Is there someone at the junior high I can speak to in order to advocate on your behalf. You’re going to make a fine adult! 1 Link to comment Share on other sites More sharing options...
gobills404 Posted June 1, 2022 Share Posted June 1, 2022 18 minutes ago, SoCal Deek said: You can even access memes from detention. You’re almost ready to go out in the world and make something of yourself. Is there someone at the junior high I can speak to in order to advocate on your behalf. You’re going to make a fine adult! Stop giving him a response, it’s literally all that waste of oxygen craves. Just put his profile on ignore and let him waste his life screaming into the void. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 1, 2022 Share Posted June 1, 2022 6 minutes ago, gobills404 said: Stop giving him a response, it’s literally all that waste of oxygen craves. Just put his profile on ignore and let him waste his life screaming into the void. I am the void. 😉 Or at least that’s what my wife says. 1 Link to comment Share on other sites More sharing options...
BillStime Posted June 1, 2022 Share Posted June 1, 2022 8 minutes ago, SoCal Deek said: I am the void. 😉 Or at least that’s what my wife says. At least you know your place Link to comment Share on other sites More sharing options...
sherpa Posted June 1, 2022 Share Posted June 1, 2022 4 hours ago, All_Pro_Bills said: We need a real plan produced by electrical & civil engineers and other professions, One that will work. Not pronouncements from political idiots. We already have it. Electrolyzers and fuel cells. No need for the distribution grid. A refrigerator sized one can produce the same power as a football field span of solar panel, and they do not require sunlight. 1 Link to comment Share on other sites More sharing options...
ALF Posted June 1, 2022 Share Posted June 1, 2022 Jamie Dimon warns of an economic 'hurricane' coming: 'Brace yourself' JPMorgan CEO: 'Brace yourself' for coming economic trouble "I said there were storm clouds. But I'm going to change it. It’s a hurricane," he said during a conference hosted by AllianceBernstein Holdings. "Right now it’s kind of sunny, things are doing fine, everyone thinks the Fed can handle it. That hurricane is right out there down the road coming our way. We don’t know if it’s a minor one or Superstorm Sandy. You better brace yourself." There are two main issues that Dimon said are worrying him: The Federal Reserve moving to unwind its $8.9 trillion balance sheet, deploying a less-known tool known as quantitative tightening that will further tighten credit for U.S. households as officials try to tame red-hot inflation. The rundown of the Fed's portfolio is poised to begin on Wednesday at an initial combined monthly pace of $47.5 billion. The Fed will increase the runoff rate to $95 billion by September, putting the central bank on track to reduce its balance sheet by about $3 trillion over the next three years. "We’ve never had QT like this, so you’re looking at something you could be writing history books on for 50 years," Dimon said. https://www.foxbusiness.com/economy/jamie-dimon-warns-economic-hurricane-fed-races-cool-inflation Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted June 1, 2022 Share Posted June 1, 2022 4 minutes ago, sherpa said: We already have it. Electrolyzers and fuel cells. No need for the distribution grid. A refrigerator sized one can produce the same power as a football field span of solar panel, and they do not require sunlight. Fuel cells have been around for a few decades and several companies have been tinkering around with the technology with some niche products. The concept itself was demonstrated in the 1800's. Combine hydrogen and oxygen and you get combustion and water as output. Fuel cells can be very efficient which provides a solution to many needs. But unless you have a lot of "free" hydrogen floating around and available the problem is the energy to produce hydrogen is most often greater than the amount of energy the recombination of hydrogen and oxygen produce. And most of the current hydrogen production processes depend on other energy inputs to produce the gas. Its the financial equivalent of spending a dollar to earn 80 cents. I just can't imagine the technology scaling up to the necessary level unless the idea of using nuclear fission or fusion reactors to produce the gas could be scaled up. Or some yet to be discovered technology. 1 1 Link to comment Share on other sites More sharing options...
Precision Posted June 1, 2022 Share Posted June 1, 2022 (edited) 2 hours ago, All_Pro_Bills said: Fuel cells have been around for a few decades and several companies have been tinkering around with the technology with some niche products. The concept itself was demonstrated in the 1800's. Combine hydrogen and oxygen and you get combustion and water as output. Fuel cells can be very efficient which provides a solution to many needs. But unless you have a lot of "free" hydrogen floating around and available the problem is the energy to produce hydrogen is most often greater than the amount of energy the recombination of hydrogen and oxygen produce. And most of the current hydrogen production processes depend on other energy inputs to produce the gas. Its the financial equivalent of spending a dollar to earn 80 cents. I just can't imagine the technology scaling up to the necessary level unless the idea of using nuclear fission or fusion reactors to produce the gas could be scaled up. Or some yet to be discovered technology. Good analysis. Also most fuel cell designs employ an expensive anode (made from a noble metal like platinum) or a membrane which degrades over time. Either implementation results in a product that is not competitive. We have an air source heat pump heating our pool and will install a vertical loop geothermal/heat pump in the next few years as it's getting more difficult for me to harvest wood. Of all the renewable technologies, IMO the heat pumps are the best bang for the buck dependent on the heat source it is replacing. We looked at installing solar and the payback in NH is 10 years, assuming they don't eventually add the property value increase of solar panels to our already high property taxes. And yes, I am an Electrical Engineer! 😀 Edited June 1, 2022 by Precision 1 Link to comment Share on other sites More sharing options...
B-Man Posted June 5, 2022 Share Posted June 5, 2022 Biden declares ‘more Americans feel financially comfortable’ since he took office. https://www.americanthinker.com/blog/2022/06/biden_declares_that_more_americans_feel_financially_comfortable_since_he_took_office.html 1 1 2 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted June 6, 2022 Share Posted June 6, 2022 Biden's EPA finalizes ethanol, biodiesel blending requirements, requiring largest amount on record https://www.yahoo.com/video/bidens-epa-finalizes-ethanol-biodiesel-221516147.html Problem is more ethanol means more corn diverted from food products which means higher food prices. Its a pick your poison choice. 1 1 Link to comment Share on other sites More sharing options...
Irv Posted June 6, 2022 Share Posted June 6, 2022 1 hour ago, All_Pro_Bills said: Biden's EPA finalizes ethanol, biodiesel blending requirements, requiring largest amount on record https://www.yahoo.com/video/bidens-epa-finalizes-ethanol-biodiesel-221516147.html Problem is more ethanol means more corn diverted from food products which means higher food prices. Its a pick your poison choice. Don't underestimate Demented Biden's or whoever is running the Executive Branch's ability to ***** things up. What a mess. Link to comment Share on other sites More sharing options...
B-Man Posted June 6, 2022 Share Posted June 6, 2022 Link to comment Share on other sites More sharing options...
B-Man Posted June 6, 2022 Share Posted June 6, 2022 (edited) ‘She’s so bad at this’: Allow WH spox Karine Jean-Pierre to explain what emergency Biden’s addressing with solar panel EO During today’s briefing, White House press secretary Karine Jean-Pierre was asked what “emergency” is being addressed by Biden invoking the Defense Production Act to make more solar panels, and the Big Book of Talking Points was consulted for another non-answer: https://twitchy.com/dougp-3137/2022/06/06/shes-so-bad-at-this-allow-biden-spox-karine-jean-pierre-to-explain-what-emergency-bidens-addressing-with-solar-panel-eo/ Edited June 6, 2022 by B-Man 1 1 Link to comment Share on other sites More sharing options...
Doc Posted June 6, 2022 Share Posted June 6, 2022 Maybe that's the deal Joke brokered to prevent China from invading Taiwan... Link to comment Share on other sites More sharing options...
BuffaninSarasota Posted June 7, 2022 Share Posted June 7, 2022 (edited) 14 hours ago, B-Man said: ‘She’s so bad at this’: Allow WH spox Karine Jean-Pierre to explain what emergency Biden’s addressing with solar panel EO During today’s briefing, White House press secretary Karine Jean-Pierre was asked what “emergency” is being addressed by Biden invoking the Defense Production Act to make more solar panels, and the Big Book of Talking Points was consulted for another non-answer: https://twitchy.com/dougp-3137/2022/06/06/shes-so-bad-at-this-allow-biden-spox-karine-jean-pierre-to-explain-what-emergency-bidens-addressing-with-solar-panel-eo/ she is painful to watch - for several reasons how does a President "take" the Defense Production Act ? she literally stares down at a piece of paper and reads words while trying to convince us of the message...... Edited June 7, 2022 by BuffaninSarasota add 1 Link to comment Share on other sites More sharing options...
B-Man Posted June 7, 2022 Share Posted June 7, 2022 CNN: RISING GAS PRICES ARE BAD NEWS FOR DEMOCRATS. CNN had two of their reporters on air for a segment on rising gas prices today and the news from both of them was bad news for Democrats. First up was senior data reporter Harry Enten who talked about how gas prices might impact the midterms. “This year is off the charts, right? It’s ridiculously high, the growth rate right now,” Enten said. He continued, “I’ve done this a few times on air and each time the now number goes up, up and up and up.” He was referring to this graphic seen above which shows the current surge in gas prices is higher than in previous midterm cycles. Enten said the correlation to bad news for the incumbent party wasn’t perfect but in this case the gas prices are part of a “larger economic context” all of which boils down to Americans being “really not happy at this point.” Enten went on to point out that the economy was far and away the top issue. Other issues like gun control and abortion don’t even come close. https://hotair.com/john-s-2/2022/06/06/cnn-rising-gas-prices-are-bad-news-for-democrats-n474374 Link to comment Share on other sites More sharing options...
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