Should the US government be on the hook for $15 billion?

[Eyes Wide Open + 3,555]

1 hour ago, nsdp said:

Didn't have to be as the Rosebud Sioux had already been in Federal court and had an injunction affirmed by the 9th Circuit stopping parts of the construction.  Is your memory that bad or are you desperately grasping for straws?

AS far as TCN they have to claim ignorance of the law and the appellate decision they lost . How far does that get you.

You really are milk toast question. What right did the Lakota Sioux have to this land. 

 

[Ecocharger + 1,477]

2 hours ago, nsdp said:

Didn't have to be as the Rosebud Sioux had already been in Federal court and had an injunction affirmed by the 9th Circuit stopping parts of the construction.  Is your memory that bad or are you desperately grasping for straws?

AS far as TCN they have to claim ignorance of the law and the appellate decision they lost . How far does that get you.

Those injunctions were for more consultation, they did not affect long-term approvals. Pipeline projects with tribal consultations always get worked out, I asked you to show me one which failed...you come back with nothing, as I expected.

[Ecocharger + 1,477]

2 hours ago, nsdp said:

Tenneco  on the El Paso project in 1959;Algonquin  in 1968 lost to Mohawk, Northwest Pipeline (CP79-123) canceled by Ronald Reagan in 1981 when Border Pipeline(Texas Eastern) with Mexico was doubled instead of Canadian imports . And Tennessee Atlantic LNG's Nova Scotia was denied while Boston Gas got their LNG terminal.  Distribution companies at Cove Poi Md and at Savannah got LNG terminals while interstate  pipelines lost out. Joint project Pac Alaska and Pac Indonesia LNG lost out under Reagan.  SDGE wound up south of Tijuana Mexico. There was as dormant certificate between the US and Mexico that that reversed and used. Tell me what did Canada do to BG Group and Spectra on the Prince Rupert LNG dock. Spectra, BG Group Planning BC Pipeline for LNG Project  https://www.naturalgasintel.com/spectra-bg-group-planning-bc-pipeline-for-lng-project/  Canada would owe Spectra twice what TCN claims. TCN is trying to cover their ass with the Alberta Provençal Government for making a sucker play of the government. You won't make as big of a fool of your self when you have  actually work ed on certificates and know how the system works

Who takes you to the bathroom and pulls your pants down when you potty?

None of you knew that Trudeau had already done the same thing a couple of years ago.   Part of the quid pro quo for approving the TRans Mountain Oil Terminal.  Spectra files a Lis Pendens and any money TCN wins goes straight to Spectra.

Mostly Mexico there, but sure those others can go to court too if they got a Presidential Permit or Canadian government permit cancelled. Why not? Perhaps they had better things to do with their legal expense money.

Edited July 27, 2021 by Ecocharger

[Ecocharger + 1,477]

1 hour ago, Jay McKinsey said:

You could try not voting for people who cut taxes on the rich and having some empathy for your fellow humans. 

If Biden & Co. monetize the debt by printing money, the poor will be hurt, too. Do you care about the poor?

The people who can ride out a monetization of federal debt are those who can afford to buy real estate or hard assets, and not rely on degraded federal debt paper.

But eventually the whole circus will come crashing down. The investment community will refuse to buy government debt, and taxes will be raised on everyone, rich and poor.

What is the old saying, "Those who do not learn from history are doomed to repeat it."

Edited July 27, 2021 by Ecocharger

[Jay McKinsey + 1,490]

3 hours ago, Ecocharger said:

If Biden & Co. monetize the debt by printing money, the poor will be hurt, too. Do you care about the poor?

The people who can ride out a monetization of federal debt are those who can afford to buy real estate or hard assets, and not rely on degraded federal debt paper.

But eventually the whole circus will come crashing down. The investment community will refuse to buy government debt, and taxes will be raised on everyone, rich and poor.

What is the old saying, "Those who do not learn from history are doomed to repeat it."

Actually it is deflation that you need to worry about. Printing money may be the only way left to provide a soft landing. In the end though economics are about to look very different because of technology. 

[turbguy + 1,545]

7 hours ago, Eyes Wide Open said:

You really are milk toast question. What right did the Lakota Sioux have to this land. 

 

Who gave the Pope the deed to South America??

[turbguy + 1,545]

6 hours ago, Ecocharger said:

If Biden & Co. monetize the debt by printing money, the poor will be hurt, too. Do you care about the poor?

The people who can ride out a monetization of federal debt are those who can afford to buy real estate or hard assets, and not rely on degraded federal debt paper.

But eventually the whole circus will come crashing down. The investment community will refuse to buy government debt, and taxes will be raised on everyone, rich and poor.

What is the old saying, "Those who do not learn from history are doomed to repeat it."

Let's see, how long has the USA been "printing money".

Since about 1776 or so??

It is all a confidence game, anyhow.

[Eric Gagen + 713]

35 minutes ago, turbguy said:

Let's see, how long has the USA been "printing money".

Since about 1776 or so??

It is all a confidence game, anyhow.

That’s true, but every time the players or rules are tweaked slightly there are winners and losers.  It still pays (literally) to keep up with it.

[Ward Smith + 6,615]

9 hours ago, Ecocharger said:

If Biden & Co. monetize the debt by printing money, the poor will be hurt, too. Do you care about the poor?

The people who can ride out a monetization of federal debt are those who can afford to buy real estate or hard assets, and not rely on degraded federal debt paper.

But eventually the whole circus will come crashing down. The investment community will refuse to buy government debt, and taxes will be raised on everyone, rich and poor.

What is the old saying, "Those who do not learn from history are doomed to repeat it."

Don't worry, Xiden's got this! 

[ronwagn + 6,290]

21 hours ago, Jay McKinsey said:

You could try not voting for people who cut taxes on the rich and having some empathy for your fellow humans. 

Those are the very people who are destroying the value of our income. They claim to be for the average person and the poor but really benefit the largest corporations, while destroying the middle class (which is their goal). They love illegal immigrants because the corporations can keep wages down by hiring them. The poor need to be helped but not by destroying our poorly run Democrat cities. They need law enforcement, psychiatric and social services, food, and economical housing. They need to contribute to society in return, if they are able. 

[QuarterCenturyVet + 312]

Not sure this applies here, but I couldn't find the thread where someone predicted that this would be permanent:

https://oilprice.com/Latest-Energy-News/World-News/Senators-Accuse-Interior-Dept-Of-Deliberately-Delaying-Restart-Of-Oil-Leasing.html

 

[Jay McKinsey + 1,490]

16 hours ago, ronwagn said:

Those are the very people who are destroying the value of our income. They claim to be for the average person and the poor but really benefit the largest corporations, while destroying the middle class (which is their goal). They love illegal immigrants because the corporations can keep wages down by hiring them. The poor need to be helped but not by destroying our poorly run Democrat cities. They need law enforcement, psychiatric and social services, food, and economical housing. They need to contribute to society in return, if they are able. 

It was Trump who cut the taxes on the corporations and the wealthy.

[Eyes Wide Open + 3,555]

On 7/27/2021 at 6:19 AM, turbguy said:

Who gave the Pope the deed to South America??

More than probably the same deity that gave the liberal mind the right to vote. Odd ive never understood that free will concept...Such is Life.

[Eyes Wide Open + 3,555]

35 minutes ago, Jay McKinsey said:

It was Trump who cut the taxes on the corporations and the wealthy.

Followed by the most massive wage increase in modern US time's for the working poor...It is called disposable income..Let us not forget it was corporate America who not only financed the Democratic blue wave and Bidens presidency....

I do believe Bloomberg himself contributed 2 billion since 2018 to the defeat of Trump...Odd i often wonder of his investment's into China...Ohh Apple...MS....GM...the list goes on and on. For today that is.

https://www.google.com/search?q=bllomberg+invests+1.6+billion+into+democartic+party&rlz=1C1CHBF_enUS935US935&oq=bllomberg+invests+1.6+billion+into+democartic+party&aqs=chrome..69i57.23316j0j15&sourceid=chrome&ie=UTF-8

Edited July 28, 2021 by Eyes Wide Open

[QuarterCenturyVet + 312]

8 minutes ago, Eyes Wide Open said:

Followed by the most massive wage increase in modern US time's for the working poor...It is called disposable income..Let us not forget it was corporate America who not only financed the Democratic blue wave and Bidens presidency....

I do believe Bloomberg himself contributed 2 billion since 2018 to the defeat of Trump...Odd i often wonder of his investment's into China...Ohh Apple...MS....GM...the list goes on and on. For today that is.

https://www.google.com/search?q=bllomberg+invests+1.6+billion+into+democartic+party&rlz=1C1CHBF_enUS935US935&oq=bllomberg+invests+1.6+billion+into+democartic+party&aqs=chrome..69i57.23316j0j15&sourceid=chrome&ie=UTF-8

Wall Street's two favorite politicians; Biden & Harris. Nice selections for the White House. Elections are not supposed to be selections. 

[Jay McKinsey + 1,490]

2 minutes ago, Eyes Wide Open said:

Followed by the most massive wage increase in modern US time's for the working poor...It is called disposable income..Let us not forget it was corporate America who not only financed the Democratic blue wave and Bidens presidency....

I do believe Bloomberg himself contributed 2 billion since 2018...Odd i often wonder his investment into China...Ohh Apple...MS....GM...the list goes on and on. For today that is.

Of course you are going to claim the temporary spike in wages during the pandemic for paying fewer workers to work under hazard conditions. Pathetic. 

[-trance + 114]

13 minutes ago, Eyes Wide Open said:

Followed by the most massive wage increase in modern US time's for the working poor...It is called disposable income..Let us not forget it was corporate America who not only financed the Democratic blue wave and Bidens presidency....

I do believe Bloomberg himself contributed 2 billion since 2018 to the defeat of Trump...Odd i often wonder of his investment's into China...Ohh Apple...MS....GM...the list goes on and on. For today that is.

https://www.google.com/search?q=bllomberg+invests+1.6+billion+into+democartic+party&rlz=1C1CHBF_enUS935US935&oq=bllomberg+invests+1.6+billion+into+democartic+party&aqs=chrome..69i57.23316j0j15&sourceid=chrome&ie=UTF-8

https://youtu.be/hVnf5bUfgoo?t=17

Edited July 28, 2021 by -trance

[Ecocharger + 1,477]

On 7/27/2021 at 6:30 AM, Jay McKinsey said:

Actually it is deflation that you need to worry about. Printing money may be the only way left to provide a soft landing. In the end though economics are about to look very different because of technology. 

Spoken like a true non-economist. How did you earn your economics degree, Jay? I recommend that you read up on past attempts by governments in desperation who have decided to monetize their debts. We are facing crunch time soon on this very issue.

Edited July 28, 2021 by Ecocharger

[Ecocharger + 1,477]

On 7/27/2021 at 9:23 AM, turbguy said:

Let's see, how long has the USA been "printing money".

Since about 1776 or so??

It is all a confidence game, anyhow.

How many times has the current debt crisis been an issue in American history? Check out those countries where crippling debts have led to monetizing their debts, they are not happy examples.

[QuarterCenturyVet + 312]

31 minutes ago, Jay McKinsey said:

Of course you are going to claim the temporary spike in wages during the pandemic for paying fewer workers to work under hazard conditions. Pathetic. 

Hey donkey, those numbers (about $5000 to $6000 in increased disposable income) were from 2019, you know, before the world was shut down because of a chinese virus leaked from a lab that was partially funded by Fauci himself through NIH/NIAID and EcoHealth Alliance. 

The only thing pathetic here is your inability to understand how important those raises were to people who made less than $40K/yr. Not like you care about people like that. 

You deserve a good whack on the back of the head to jar that leftist concrete loose. 

[turbguy + 1,545]

10 minutes ago, Ecocharger said:

How many times has the current debt crisis been an issue in American history? Check out those countries where crippling debts have led to monetizing their debts, they are not happy examples.

It's all backed by confidence.

And only confidence.

IIRC, a balance sheet  has three parts:

Liabilities, Equity, and Assets

Just how much in assets does the USA have?

Just the naming rights to Yellowstone National Park alone, would be worth millions...

 

Edited July 28, 2021 by turbguy

[Jay McKinsey + 1,490]

36 minutes ago, QuarterCenturyVet said:

Hey donkey, those numbers (about $5000 to $6000 in increased disposable income) were from 2019, you know, before the world was shut down because of a chinese virus leaked from a lab that was partially funded by Fauci himself through NIH/NIAID and EcoHealth Alliance. 

The only thing pathetic here is your inability to understand how important those raises were to people who made less than $40K/yr. Not like you care about people like that. 

You deserve a good whack on the back of the head to jar that leftist concrete loose. 

The peak of disposable income was actually in 2018 and then started falling off fast. It was a one time boost mainly due to tax breaks forr the wealthy. The saddest part is that you guys all wish we could go back to the 1950s, yet that was the period of the highest marginal and corporate tax rates in our history.

Edited July 28, 2021 by Jay McKinsey

[-trance + 114]

30 minutes ago, QuarterCenturyVet said:

 

The only thing pathetic here is your inability to understand how important those raises were to people who made less than $40K/yr. Not like you care about people like that. 

 

Yet you hate socialists who care about them the most.

Odd.

 

[-trance + 114]

Trumps failed trade wars made consumer goods more expensive.

[Eyes Wide Open + 3,555]

1 hour ago, -trance said:

https://youtu.be/hVnf5bUfgoo?t=17

Get a life shrill...i need no frame of reference here. Once i worked within the community and understand their fears...and they are fears. 

Edited July 28, 2021 by Eyes Wide Open