Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

[Proud2baLaker]

My understanding is that ~70% of the US refinery capacity is specifically designed to handle the Heavy Sour Crude. So even if we did drill more and get more Light Sweet, it will just go overseas as it already does

 

[Proud2baLaker]

My understanding is that ~70% of the US refinery capacity is specifically designed to handle the Heavy Sour Crude. So even if we did drill more and get more Light Sweet, it will just go overseas as it already does

 

[ScoobyDoo]

@wahusk.bsky.social

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bsky.app

Call from NE Iowa MAGAt relative:
Rel: We need to borrow money?
Me: Haven’t heard from you in a long time.
Rel: So?
Me: Why?
Rel: To save the farm.
Me: How’s that?
Rel: Going broke: tariffs, price of fuel, loss of markets
Me: But you got rid of immigrants/trans, right?
Rel: (Hung up)

 

[aparch]

My understanding is that ~70% of the US refinery capacity is specifically designed to handle the Heavy Sour Crude. So even if we did drill more and get more Light Sweet, it will just go overseas as it already does

I may have mis-remembered on my earlier long rant and I believe you are correct.

 

[French Rage]

These people don't want everything. They just feel and want to see everyone else not get any. They are miserable shits is what they are.

Actually there's a lot in this snippet. It's become less of "how do we use our wealth as a nation to help all of the different groups in different ways, and maybe my group won't get the most help (because it frankly doesn't need the most help), but it still gets some help" to "make sure other people are hurt worse than me". It's less about do I get ahead at all, and more about do others get left behind even more.

 

[rufus]

@wahusk.bsky.social

This author has chosen to make their posts visible only to people who are signed in.

bsky.app

Call from NE Iowa MAGAt relative:
Rel: We need to borrow money?
Me: Haven’t heard from you in a long time.
Rel: So?
Me: Why?
Rel: To save the farm.
Me: How’s that?
Rel: Going broke: tariffs, price of fuel, loss of markets
Me: But you got rid of immigrants/trans, right?
Rel: (Hung up)

That's perfect.

 

[FadeToBlack&Gold]

Like Kepler said, its everywhere where "land doesnt vote" thinks the land actually votes.

IMO, its the perception of being screwed by "big government" or "minorities" or "insert boogeyman here." And I saw it while growing up and nothing has changed since I moved away.

For the UP exactly, its seeing their pittance in tax money "used down state, and not for us," for roads, or infrastructure, or whatnot. "Why does Grand Rapids get their fourth interstste project in three years, meanwhile this 10 mile stretch of highway hasn't been touched since the Raegan Administration?"

Oh, I don't know, why would four highways that have average vehicle counts in the low hundred thousands per day deserve more maintenance than a stretch of highway that has average vehicle counts in the high dozens per day?

"Why won't the mines come back?" Because they extracted the easy to get minerals and left town. Oh, and because you voted to rip the railroad tracks out as soon as the mines closed. Then whined when passenger rail funding was made available because you wanted the increase in visitors, but you didn't want to give up the vastly underused snowmobile grade.

"Why are all the young people leaving town and not raising their young kids in this school district?" Maybe because you decided that a $0.03 increase on your property tax shouldn't go to the district still using 1996 textbooks because 'those fucking homos wearing cat ears who shit in litterboxes instead of learning,' you heard about on Fox News. Which isn't happening. Especially in the school district that needed to have a recent retiree personally fund the upgrade of the computers in the accounting/business class suite.


I was told upon graduating high school that I "wasn't the right gender, right orientation, or right color" for scholarships to college. I made do. I earned my degree. And then I moved chasing work after graduation and I personally saw whole neighborhoods of inner city youth with a fraction of ability I had, despite these "handouts."

I had a car to get from my house to college and hour and a half away. I had a side job to afford gas to go around town. I was able to work for campus in a department related to my field. There were people my age in the city with none of those mobility options. Or just opportunities. And they live in a city with millions.

I was from a town that when the three neighboring municipalities combined to save resources (like police, volunteer fire department, and water/sewer services) we were *lucky* if there was 2000 people.

These people don't want everything. They just feel and want to see everyone else not get any. They are miserable shits is what they are.


(Ope, there goes my campaign if I ever move home and want to make changes.)

Congrats, this is your "malaise speech".

 

[Slap Shot]

Don't know whether or not to laugh or cry...

Trump suggests high oil prices are a positive after bragging about low gas prices last month

The about-face comes as Trump's team has struggled to offer a clear plan for opening up the critical Strait of Hormuz so that tankers full of oil and natural gas are no longer stranded.

www.pbs.org

 

[Kepler]

India is really not enjoying The Excursion.

From Southeast Asia to Pakistan, the ripple effects of the war are being felt across Asia and beyond.

But one country in particular could face a double whammy if the conflict intensifies: India, the world’s fourth-largest economy, depends on the Gulf for its energy needs and also for remittances sent by a vast workforce resident in the Middle East.

...

India is also worried for some 9.1 million of its citizens who work in the Gulf Cooperation Council (GCC) countries – the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain. They send some $50bn in annual remittances back home.

If the war is prolonged, Pant says, “it will result in the loss of remittances … part of that also helps in balancing the trade balance”.

“It will hurt the wider economic robustness of the Indian economy. India’s hope of continuing to have a high rate of growth will suffer,” Pant said. “It’s not simply a question of energy security – it is also a question of economic security.”

Several Indian blue-collar workers and professionals across the Gulf have told Al Jazeera they fear potentially losing jobs if the war escalates further. Several oil and gas firms have shut operations amid the Iranian attacks.

“I hope this does not prolong as I support my family with this job,” an Indian construction worker, who chose to remain anonymous, told Al Jazeera.

“Every Indian who works in the Gulf supports at least four to five people back home. Forty to 50 million Indians directly benefit from their employment in the Gulf,” Talmiz Ahmad, a former Indian ambassador to Saudi Arabia, told Al Jazeera.