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The Laws of Supply and Demand still work despite the Press and the Politicos

 

The Laws of Supply and Demand still work despite the Press and the Politicos

We have seen the oil spike of $147 dollars or so drop[1] along with the price of gold[2] and a corresponding decent of the Euro versus the dollar.[3] The price of gasoline now is about $3.70 in my area and falling. The New York Times howls about the prospect of increasing the supply of oil as that would only result in lower prices and lower tax revenues.[4] We should be thankful that the drooling lefties in Europe, who cowardly grovel in awe and hide behind their own offal when street bums burn their cars, are ‘conserving.’ Conserve some more and get some prayer rugs.

The Euromorons and their Islamo-Fascisti wardens nearby have not been able to seriously meddle with gold, oil or other services and goods although they are intent upon doing so if they can. The Europeans are now even stupider than before and waxing dumber all the time.[5] Maybe we can benefit if they stop using any oil and slide back to the Stone Age under the new rules of Sharia.  They don’t need much oil as they have little future. Maybe they can become a sanitary landfill for China or India and do something useful for the first time n 90 years. That would lower demand and prices and give us time to drill for some more. The Europeans have little of value left so their loss to third world is not alarming or of much concern.

The Morons at the US Federal Reserve have lowered the interest rates too often and  too low in an attempt to provide ‘liquidly’ for failing mortgage holders and backers and some investment banks that went bust. The lower interest rates are the ‘price’ of the dollar and cheapen it when too low for economic conditions. We should have let Bear Stearns go under without help and we should not have the government buy Freddie-Frumpie Mackie stocks either.[6]  Those who bought those shares deserve to lose their money just like those who bought houses without the necessary credit requirements deserve to lose their homes. We can let one big bank slide away as well if we freeze their assets and put those to backing up customer’s bank accounts.  We should not subsidize failure. [7] We did too much of that with the Great Society, War on Poverty, HUD, HHS, welfare and affirmative action. We need to hike interest rates and fight inflation and that will probably happen after the elections.

Obama is losing his war against drilling.[8] He now resorts to phony tire [read tyre for better politics] pressure fables. [9]Phony economic schemes are being concocted in the leftist cauldrons as we speak in some low place in the New York Times basement. They are determined to show us how we can tax ourselves into prosperity. Obama is now seriously being considered as a Marxist stooge with plenty of evidence to show.[10] He is now in hiding as McCain surges forward. The Reptile [11]is failing to get even decent sales on her books.

As a convenient way to lessen demand and give us more time to drill, three big blue states will declare bankruptcy soon[12] and require several judges to restructure their spending. Hopefully, that will result in the loss of a hundred thousand phony liberal social jobs. We need to thwart the Feds from bailing these losers out and use the lower demand and lost political power to advantage. They need to cut back on everything and send the illegal aliens back to third world. They could be taught to recycle food as a last resort.

So, the laws and practice of capitalism are intact despite the frantic efforts of the drooling left and quest for failure. Until they find a way to finish of capitalism we can always find a way to circumvent these leftist parasites and enjoy the American Dream.

Call your friends and remind them not to vote for liberals.

rycK

Comments to: ryckki@gmail.com

 

 



[1] The great oil bubble has burst By Martin Vander Weyer

Last Updated: 12:01am BST 08/08/2008.

http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2008/08/08/do0801.xml

[2] Below $900 per oz. from $980 two weeks ago.

[3] Euro Falls the Most in 8 Years on Reduced Bets for Higher Rate By Ye Xie and Anchalee Worrachate Aug. 8 (Bloomberg) – “The euro fell the most in almost eight years against the dollar as traders pared bets the European Central Bank will raise interest rates as the economy slows.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=at.u1aw0Pjy8&refer=worldwide

[11] Pelosi and Her Leftist Parasites Desperately Want Higher Gas Prices. They Will Sink the Economy for Political Gain.

http://rycksrationalizations.blogtownhall.com/2008/07/17/pelosi_and_her_leftist_parasites_desperately_want_higher_gas_prices_they_will_sink_the_economy_for_political_gain.thtml

The Reptilian, Repulsive Pelosi, aka Spartacus, Bears Her Yellow Fangs at the White House.

Posted by rycK on Friday, February 29, 20082:44:00 PM

http://rycksrationalizations.blogtownhall.com/2008/02/29/the_reptilian,_repulsive_pelosi,_aka_spartacus,_bears_her_yellow_fangs_at_the_white_house.thtml

Good Bye Third World. The Dictators (thru Nancy Pelosi)Won!!

Wednesday, November 08, 2006 1:02 PM

http://rycksrationalizations.t...e3-914c-4017-96d6-99928227c60f

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Krugman Foams in Agony as the Phony Leftist Energy Plan is Exposed as Evil and Ignorant.

 

Krugman Foams in Agony as the Phony Leftist Energy Plan is Exposed as Evil and Ignorant.

Political Ideas are frequently focused only on the sole objective of undermining the political opposition and are usually replete with suggestions and proof of ‘fairness’ or ‘justice’ or whatever to validate their claims.  For the American left, racism is almost always the key factor. Recently, the Global Warming Lie has equal stage. The economic or scientific quality of any political notion is usually not of much importance.  The lefties need only rely on the ignorance and frustration of the socially disnimble or cognitively inferior school dropouts in their home base for success. Rubber stamps work like this. Drug addiction and illegal alien status help out a lot. The truth is not essential in politics unless the general public becomes aware of what they suspect might be phony and starts to react.  They don’t like outright lies in most cases. Fear is frequently the largest subdivision of such schemes and apprehension tends to mobilize people as they scurry to avoid some imminent disaster. These ideas may also frequently patently unsound in the sense that if the outcome means destruction for all combatants then that is also acceptable. This is the Rule or Ruin syndrome.[1]  It is interesting that politics is as successful as it is when we inspect the sorry outcomes of many social experiments and forced alternatives to capitalism. The voters have no memory it seems. They do have pocket books however and lots of cars. Those cars are hungry.

We do not expect a rational essay on political ideas or even fundamental economics from the NYT—aka the Walter Duranty Papers[2]. What we observe is an unswerving thrust for any and all leftist social programs whether they are destructive or not. The reason here is that capitalism has crushed any notion of Marxism or progressive socialism of the mixed variants of Europe or China. Capitalism is the death of liberalism. Capitalism must be defeated using any and all mechanisms including lies, slogans, phony science, alliances with terrorists and worse. These are the allies of the left.  

Today, the ultimate doom of the economy is presented using the notion that the Republicans are the Party of Stupid:

And the debate on energy policy has helped me find the words for something I’ve been thinking about for a while. Republicans, once hailed as the “party of ideas,” have become the party of stupid.”[3]-- Know-Nothing Politics By Paul Krugman [Emphasis is mine in all quotes. This link references all quotes in this essay unless otherwise noted. ]

This is pure hate in its rawest form and signals us that somebody has driven a strong logical wedge into the phony leftist energy programs with their melting glaciers, rising oceans and other follies. The NYT is aroused and must lash out in its customary manner. The central idea here is that the Party of Democrats has embraced folly and cluttered their own numbers and predictions with nonsense and cannot satisfy the basic requirements of reason. We are apparently being urged to accept at face value and without examination the Marxist Mumblings of Senator Obama and his far-leftist cluster of ideological racists, communists, radicals and drug addicts on the subject of oil drilling. Can we not guess what he will say in advance? This is all sophistry and predictable.

This defense of the defenseless is now known as the O’Bozo Syndrome: It may be phony but we can suck some money out of the corporations for you if you vote for us. This is Afro-Leninism[4] [5] gone berserk. Tax tax, and more tax balanced by spend, spend and more spending.

The leftist ‘solution’ to our energy problems is less energy and is a farce so Krugman reacts reflexively upon the matter with venom and froth. His arguments are failing to convince the voters. He and others have no problem with China and India and Africa using all the oil they want. Any anti-Americanism detected here? Hate America First?[6] Let us all hum a few bars of the international![7]

Getting back to the essay on ignorance:

What I mean, instead, is that know-nothingism — the insistence that there are simple, brute-force, instant-gratification answers to every problem, and that there’s something effeminate and weak about anyone who suggests otherwise — has become the core of Republican policy and political strategy. The party’s de facto slogan has become: “Real men don’t think things through.”

Notice the time restrictions in this definition and the oblique defense of wimpishness. An examination of San Francisco’s ‘solutions’ of their social problems prompts us to wonder if there are any real men involved in the process. [8]

This is an anger-based rebound retort that attempts to turn the focus away from the solid observation that the phony leftists of he EcoNazi Party have bungled the presentation of their energy plan and that their Messiah has misstated the message. This retort is so frantic that it must prove that their phony oil ‘programs’ are being seriously questioned and the explanations are demonstrated as  silly. Thus, Obama starts to sink in the polls as he is now the Simple Stooge of Dumb Economics [the real know-nothingism].  Marxism is as dumb as it comes when the topic of economics is raised. Obama is a known Marxist.

Let us see if our esteemed author form the New York Times can successfully attack and defeat the economics of the Republican plans to [1] get away from the psychotic Islamo-Fascist and their oil and [2] use our own vast energy supplies to keeps our economy soaring. Both of these prospects are exactly what the rabid leftists do not want to see. Capitalism runs on energy and any political mechanism that hikes the cost of energy will hurt capitalism and that will benefit the leftists. They cannot survive in a thriving capitalist economy and they know this.  Socialism is a joke as the French and Germans and Russians have shown us for generations.  Europe now bows before The Islamo-Fascist Law of Sharia as the nobles did before the guillotine during the Terror. The baskets may be filled yet again with fraternity.

Let us see if the Krugmaniacal One can squirrel around the arguments against the Obama Energy Policy:

In the case of oil, this takes the form of pretending that more drilling would produce fast relief at the gas pump.”

Here, time is interjected into the supply schedule with the psychotic notion that if we cannot get it done fast it is not worth doing. This is a clumsy and indefensible attack on reality and has become the fulcrum of the leftist attacks. It only matters that we begin to reverse the obvious damage created by the drug-soaked EcoNazis as their notions about Climate Change are based on lies. We have only 10 years left before the oceans boil or such. Sound the alarm and let the Communists drill in the gulf for their oil. That is fine. Time has noting to do with oil. It can wait for the proper people to pump it out.

This form of reasoning, actually a crude rant and devoid of reason is used in anti-capitalist ‘economics.’ The Laws of Supply and Demand must be repealed for this kind of political fluff to make sense; it does not. The laws are fixed and they work much to the dismay of the rabid left. Capitalism works and socialism is a joke.

Enter the ‘experts!’:

What about the experts at the Department of Energy who say that it would take years before offshore drilling would yield any oil at all, and that even then the effect on prices at the pump would be “insignificant”? Presumably they’re just a bunch of wimps, probably Democrats. And the Democrats, as Representative Michele Bachmann assures us, “want Americans to move to the urban core, live in tenements, take light rail to their government jobs.”

Sheer lies. The use of the ‘expert’ in politics is famous. We all remember the media circus when Meryl Streep[9],[10] was seated as some kind of witness or ‘expert’ on the contested Alar growth hormone trial, used by the apple industry to enhance picking time, and we were privileged to reel and wheeze under the implied weight of her pharmacological expertise and lofty oratory.[11] We can get an ‘expert’ opinion on oil drilling from any massage parlor in San Francisco.

We can put in 5000 more drilling rigs in the Gulf and double our output. We can do that in 5 years.  There are massive oil and gas reserves there and that is why China and Cuba want to drill there. There is a lot more energy stored here.

The notion that we cannot increase our oil supplies given our 200 years of proven reserves is just Marxist Crap:

The Facts:

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.”[12]

The EcoNazis and their Communist allies now tell us that any increase in our oil supply cannot, even with time, lower the price of fuel in this country and we need to put more air in our tyres [tires][13] and that will be an equivalent measure.

This is more than stupid—this is mental illness and exposes an intrinsic hatred of capitalism and the energy that drives this massive engine that has crushed the phony socialist and drooling Marxists and crushed their totalitarianism dreams. We expect such phony history and Marxist politics from the Walter Duranty Papers[14] He was a Soviet Stooge.

Krugman now soars off into the stratosphere with wild rants that degrade Bush and bring up the War on Terrorism and the underpinnings of logic used therein. He wallows in personal attacks as usual. He gives no data or other salient economic factors and focuses in on personalities and personal attacks. That is vintage New York Times. The blast is off-topic and avoids the central issue, which the NYT then gives:

Fear now consumes the essay:

All this is in the past. But the state of the energy debate shows that Republicans, despite Mr. Bush’s plunge into record unpopularity and their defeat in 2006, still think that know-nothing politics works. And they may be right.”

Sad to say, the current drill-and-burn campaign is getting some political traction. According to one recent poll, 69 percent of Americans now favor expanded offshore drilling — and 51 percent of them believe that removing restrictions on drilling would reduce gas prices within a year.”

Bingo! But, we might ask: what is the basis of the know-nothingism here? Where is the proof that drilling for our own oil will not free us from the psychotic freaks of the Middle East? Their assertions and wails do not affect the facts. We can easily drill our way away from the disgusting Islamo-Fascisti and vastly improve our economy. Supply and demand laws work just fine and the drooling left have no defense to this reality. They can only bawl and attack personalities. We need to punish the left for preventing us from securing a proper energy program. We drilled our way to prosperity for 110 years now and they say it cannot work?

What has happened here is that the phony Al Gore and his Communist Stooges [15]have concocted a counterfeit energy fairy-tale that reeks of illogic, refuses to allow criticism and is economically unsound. 21,000 scientists refute this garbage. [16]That is more serious than knowing nothing—it is indicative that the public now knows something and that something is that the radical Democrats and their UN Communists are deliberately trying to sink our economy. This is the ultimate horror for the left: the compliant stooges that are supposed to ‘believe’ in their politics are straying.

When this happens, the end is in sight. We still have a reasonable form of democracy in this country—not like Europe, fortunately,—and the public still has to be convinced that $4-5 dollar gas is actually to the benefit of society. The voters are beginning to see through this fog and the polls show they now are drifting toward McCain the Monster Driller who will destroy the planet. We can have $1-2 gas if we streamline our production of fossil fuel and blend in some wind machines and add about 75 new nuclear power plants. We don’t have to be poor and hopeless like Europe and Africa. The voters now view with some suspicion that they can be taxed into prosperity and stop pumping oil to save the planet.

All this is wildly criticized by the stooges of the left as they attempt to scrounge around and find ways to attack capitalism.

69 Percent Of Americans Now Know The Truth And That Is A Disaster For The Left.

The liberals will say and do anything to get more political power and grab more wealth. Anything at all.  Our carney barker Krugman valiantly carries septic waters for the far left and will provide us with much entertainment in the next 88 days as the White House is lost again.

Stay tuned, the rants will grow in breadth and frequency like a cancer.  We don’t know nuttin if we vote against O’Bozo and his Tax Whores.

I be dumb.

rycK

Comments to: ryckki@gmail.com



[1] http://www.i-sis.org.uk/corporation.php

[2] In honor of that celebrated Communist stooge and liar and winner of the Pulitzer Prize for the NYT. The color RED is used in my essays in honor of Walter Duranty, a saint, if there could be one, in the Marxist Archives of Honor.

[3] Know-Nothing Politics By PAUL KRUGMAN Op-Ed Columnist Published: August 7, 2008

http://www.nytimes.com/2008/08/08/opinion/08krugman.html?_r=1&hp&oref=slogin

[Emphasis is mine in all quotes. This link references all quotes in this essay unless otherwise noted. ]

[9] http://www.fortfreedom.org/n17.htm

[10]http://www.sustainabilityinstitute.org/dhm_archive/index.php?display_article=vn686alared

[13] Obama, Communists, Tyre Pressures , Oil Non-Drilling and Other Follieshttp://townhall.com/myblog/yourblogposts.aspx?g=6619135d-e510-4c26-bb9a-095aaaeabea7

[14] In honor of that celebrated Communist stooge and liar and winner of the Pulitzer Prize for the NYT. The color RED is used in my essays in honor of Walter Duranty, a saint, if there could be one, in the Marxist Archives of Honor.

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