This one is particularly lame considering how hard Republicans are pushing this misinformation. Here's the argument:
Newscorp and Clear Channel: Obama is responsible for oil going up because he refused to open up new drilling and is ordering the EPA to squash production.
Reality: I'll just let the graphs do all the talking.
Looks like Bush is the one responsible for the oil crisis:
Drill baby drill
http://uk.reuters.com/article/2011/10/14/energy-oil-rigs-idUKN1E79D11420111014

Watch
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I hear crickets chirping. Where's the response from the Rabid Right?
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46 male
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It's hard to argue with those graphs.
What about a general "Canards and Responses" thread?
Canard: n. An unfounded or false, deliberately misleading story.
There are probably enough to make a book. It might make it actually fun to listen to AM radio or Fox News and accumulate canards and write objective responses to them.
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But...but...Obama's a Socialist!
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Ah, canard #1!
"Obama's a socialist."
Hard to know where to start with that one. What's the best response, in short simple words?
How about this as a response to canard #1:
"Socialism is an economic system defined by government ownership and control of the means of production (factories, capital, land). In no case has Obama ever advocated government ownership or control of the means of production."
Lacks punch though.
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But...but...Hitler was a Socialist!
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Nomograph says
Critics rip Obama claim that drilling in U.S. won’t drop gas prices
http://www.washingtontimes.com/news/2012/mar/22/obama-drilling-every-inch-us-would-not-cut-gas-pri/
Domestic oil production last year averaged 5.6 million barrels a day, the highest output since 2003 and a 4 percent jump since Mr. Bush’s last year in office, according to the March EIA report, but it’s far below production levels of a decade ago.
Republicans argue that Mr. Obama is taking credit for several lease sales Mr. Bush put into place while failing to take advantage of the end of an 18-year ban on drilling in the outer continental shelf, which the Bush administration lifted in 2008 in response to public outcry over high gas prices.
But the vast majority of the increase in domestic oil and gas production in recent years has occurred on state and private land in North Dakota and Texas, where the president has no role in protecting or permitting drilling. Instead, technological advances that allow companies to extract oil from shale formations have driven the exploration.
Just this week, the nonpartisan Congressional Research Service released a report showing federal oil production as representing 7.5 percent of total oil produced from all onshore U.S. lands in 2011, even though the federal government owns more than 30 percent of the lands with oil-producing potential.
The actions Mr. Obama took after the BP/Deepwater Horizon oil spill in 2010 sharply decreased oil production on federal lands and offshore waters in 2011 — even though that year’s numbers were 12 percent higher than when Mr. Bush left office.
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Obama eyes more drilling in Gulf of Mexico
Move follows tabling of Keystone XL review
Jan 26, 2012
http://www.cbc.ca/news/world/story/2012/01/26/obama-gulf-drilling.html
The parcels the Obama administration is putting up for lease in June are part of an offshore drilling plan for 2007—12 put in place by President George W. Bush.
But after the massive BP oil spill led to an overhaul of the government's oversight of offshore exploration and production, some of those areas had to be re-evaluated for the environmental risks associated with drilling, in some cases delaying the original auction date.
The two leases that will be sold off next summer were originally scheduled for 2011 and this year.
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thomas.wong1986 says
What the fuck are you talking about?????? Do you even read your talking points memos anymore??????? The Republican party is LYING as it always does because they are DEVOID of ideas, solutions, and policy. There is a MOUNTAIN of raw sewage coming from the right wing on this issue. It's FLOODING THE COUNTRY WITH IGNORANCE, and all you can do is post a few small details about oil policy?
Republicans as a group are not qualified to pick the president.
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This thread is about correcting the record. The entire debate about Obama squashing oil exploration is a lie.
"Obama did not open new lands to offshore drilling – all of these areas were already open for drilling once Congress and President Bush lifted the moratorium in 2008. Instead, President Obama yesterday announced what areas he would CLOSE to offshore drilling."
~ Republicans on the House Natural Resources Committee
Politifact:
http://www.politifact.com/truth-o-meter/statements/2010/apr/23/house-natural-resources-committee-republicans/obama-didnt-expand-offshore-drilling-boehner-says/
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Politifact ?? Suuuurrre! Wink Wink!
Taranto of the Wall Street Journal called PolitiFact.com "less seeker of truth than servant of power", while a Wall Street Journal editorial wrote that PolitiFact is "part of a larger journalistic trend that seeks to recast all political debates as matters of lies, misinformation and 'facts,' rather than differences of world view or principles." In The American Spectator, conservative analyst Matthew Vadum, citing several of PolitiFact.com's analyses, called their content "political opinion masquerading as high-minded investigative journalism."
Civil libertarian Salon.com blogger Glenn Greenwald wrote of PolitiFact that "it undermines its own credibility when it purports to resolve subjective disputes of political opinion under the guise of objective expertise" and that the sources it cites in its analysis tend to be "highly biased, ideologically rigid establishment advocates" presented "as some kind of neutral expert-arbiters of fact."[
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thomas.wong1986 says
That's right....attack the web site. Whatever you do, RUN AWAY SCREAMING IN FEAR from anything used to support the conclusion. Did you even read the page? Did you check any of the assertions? Did you verify the data? Of course you didn't. Right wingers never ever ever ever do.
After all, facts don't matter do they. All that matters is what you FEEL is correct. Facts just make everything confusing.
thomas.wong1986 says
Reality has a well known liberal bias.
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no not running away... 134 billion barrels (200 years) all you gotta do is drill. It will pay down the debt, provide jobs, and self sufficiency.
Proven oil reserves in the United States are 21 billion barrels (3.3×109 m3), excluding the Strategic Petroleum Reserve. The U.S. Department of the Interior estimates the total volume of undiscovered, technically recoverable prospective resources in all areas of the United States, including the Federal Outer Continental Shelf, the 1002 area of the Arctic National Wildlife Refuge, the National Petroleum Reserve–Alaska, and the Bakken Formation, total 134 billion barrels (21.3×109 m3) of crude oil.
http://en.wikipedia.org/wiki/Oil_reserves_in_the_United_States
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thomas.wong1986 says
Bullshit. Total unmitigated bullshit.
Increasing oil production results in increased exports and record profits into the private hands of the aristocracy. Because of idiotic tax policy, none of it will pay down the debt. Private jobs are temporary and evaporate once a field is fully explored. Self-sufficiency is a lie since you and people like you refuse to set limits on exports, resulting in this:
http://content.usatoday.com/communities/ondeadline/post/2012/02/us-exported-more-gasoline-than-imported-last-year/1#.T2627dVc1fs
Your fucking free market means that the United States will be self-sufficient at a price set by the world market including India and China. If that price is $300 a barrel, that's what you'll pay.
Not because it costs $300 to take it out of North Dakota and Alaska, because it might only cost $20 a barrel to take it out of North Dakota and Alaska. The $280 per barrel will end up in the pockets of billionaires while anyone who actually works for a living and has to drive to their job will get raped.
Everything you believe is a lie.
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iwog says
You forgot to include Royalty fees collected by the US Govt, goes directly to retire US Debt. Just like Alaska payment to its residence (that was their call).
With sufficent domestic supply, and no need for imports, price will be established at new equilibrium. Oil trading occurs on domestic exchanges with only domestic partners. Oil producers will adjust and scale their operations accordingly so exporting will not be a factor. That becomes the new reality.. We certainly dont export everything we make, for national security reasons.
Do we export Pepsi? Do we set the price of Pepsi in any other country ?
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You missed the article I linked about how the United States is now a net exporter of gasoline, didn't you.
Pepsi isn't a limited resource. Pepsi Co. can produce all it wants. Your example is nonsense.
thomas.wong1986 says
Right, because corporations always put domestic national interests before profits. Are there any other fairy tales you want to discuss?
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thomas.wong1986 says
Odd, aren't these the same Republican critics that ripped Obama saying "drill baby drill"???
Our German friend Mr. Wong has been guzzling the right wing Kool-aid again.
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Patrick says
WHERES THE BIRTH CERTIFICATE OBAMA NOT THE FAKE ONE BUT THE REAL LONG ONE
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I would say that the folks who spread the most political disinformation on this site are:
(1) Honest Abe
(2) thomas.wong
(3) TMAC
(4) TPB
Shrek and RayAmerica would make the list as well but they are gone.
The odd thing is that even after the lies are exposed and corrected, they will continue to spread the same BS. It's like some people just don't care about the truth at all.
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Nomograph says
It's religion. How do you argue with religion?
People want to believe things that make them feel good and I can understand that. They are not arguing about the facts as much as denying facts because they don't like the implications of the facts.
So a direct frontal reality-based assault is not going to work. The way you argue with religion is to present another religion that also makes them feel good while reducing the uncomfortable cognitive dissonance of being required to believe unlikely things.
So in more specific terms, you have to present a vision of a glorious future. You have to show they can still get rich (the American form of personal salvation) while having a fair tax structure. In fact, they are much more likely to get rich if the current 1% stops blocking their path.
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iwog says
Clearly you, like Obama, dont understand how to make REAL change work. Oil like Pepsi is just another product with sourcing and distribution. Its all a matter of creating the logistics to be self sufficient.
You eliminate over production, over supply and the need to export by in-sourcing oil. Swings in price/production are no longer bound by external economic/political factors as they are today. But rather by rational domestic damand. Therefore you only supply your domestic markets. If you do have over supply then you cut back on production, like any othe US industry does time to time. You simply dont have exports like you claim.
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Nomograph says
Clearly your afraid of competing with change and big ideas...
You like Iwog should have taken some business and econ courses instead of talking about Aristocracy...
I dont know why your in Silicon Valley, you really would never make it in our high tech industries that go through changes all the time..
Thats why you both are up to your neck in real estate investments and being landlords.
I bet you couldnt and wouldnt be able to handle even a month working in Tech as a lead manager. ! And I have been at it for nearly 3 decades...
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Patrick says
You should have taken some business / econ courses in college . poetry doesnt cut it in the real world.
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Nomograph says
More and more I wonder if Wongstein is a controller in SV. Some of his posts are so completely wrong that I find it hard to believe he could be a CPA or even a finance major.
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thomas.wong1986 says
Please provide the name of the domestic-only oil exchange. It's time to put up or shut up.
thomas.wong1986 says
The board is about to find out if we're afraid of competing ideas or if you're simply lying all the time. I await your answer to the above question.
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tatupu70 says
You need to try much much harder than that...
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thomas.wong1986 says
I'm waiting to hear the name of the domestic-only oil exchange.
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iwog says
you create one.. business to business exchanges not visiable to the public are out there. They been around for some time now.
B2B e-Commerce to Pass $4 Trillion by 2005: IDC
http://www.destinationcrm.com/Articles/CRM-News/Daily-News/B2B-e-Commerce-to-Pass-$4-Trillion-by-2005-IDC-43062.aspx
Global business-to-business (B2B) e-commerce is growing rapidly, but maintaining such growth will require a shift in business philosophy, according to a recent report from IDC.
IDC projects that the total worldwide value of goods and services purchased through B2B e-commerce solutions will grow a staggering 73 percent per year through 2005, from $282 billion in 2000 to $4.3 trillion by 2005.
However, in order to maintain this long-term growth, businesses must focus on innovation in information exchange rather than e-commerce transactions, according to Richard Villars, vice president
for IDC's Internet and eCommerce strategies.
E-commerce solutions providers will be less affected by the purchasing slowdown than other software providers in the near term because of their accelerated adoption rate, IDC predicts.
The United states will remain the largest region for B2B
e-commerce, with purchases increasing at 68 percent annually through 2005 to $1.56
trillion, IDC said. Close behind is Western Europe, where B2B purchasing will increase at
a 2001-2005 growth rate of 91 percent to $1.46 trillion. The Asia/Pacific region is the growth leader, growing 109 percent during this time, according to the report.
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IBM, Ariba, i2 Form B2B Alliance
http://www.technewsworld.com/story/2687.html
Venerable computer giant IBM (NYSE: IBM) (NYSE: IBM) announced today that it will form an alliance with Ariba (Nasdaq: ARBA) and i2 Technologies (Nasdaq: ITWO) to provide what it calls an "end-to-end solution for business-to-business (B2B) e-commerce and collaboration."
The Mountain View, California-based Ariba has become one of the premier B2B leaders, battling with rival Commerce One for industry supremacy. Both have been hyperactive in recent months, building B2B marketplaces for industries such as oil and gas, automobile manufacturing, chemical and pharmaceutical manufacturing and the travel industry. Ariba lost $12.3 million in the quarter ending December 31st, on revenues of $23.5 million.
i2 Technologies, based in Dallas, Texas, is a supply chain software maker that is becoming a force in the B2B industry as well. The company is working with General Motors and Commerce One for the automobile manufacturing marketplace and United Technologies and Honeywell to create a marketplace for the aerospace industry. It booked fourth quarter revenues of $173 million.
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thomas.wong1986 says
You create one? WTF kind of answer is that? Lets try again:
thomas.wong1986 says
Show me a single domestic-only oil exchange in the United States. A business to business private contract is not a fucking exchange and no corporation that doesn't have a brain dead CEO is going to close bidding to foreign markets. Do you even know what a market exchange is?
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thomas.wong1986 says
I'm still waiting for you to answer my one simple question. What does any of your cut-and-paste have to do with your fictional domestic-only oil market exchange???????
Last chance, and then it's going to be very obvious you were lying.
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thomas.wong1986 says
Plug in and log on! amasing how far we gotten..
iwog says
surely your getting paranoid now... this is way way over your head!
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Answer the question. Why are you so scared?
thomas.wong1986 says
How in hell is this an answer to "show me a domestic-only oil exchange"?
WTF is wrong with you??????
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Thomas: Oil trading occurs on domestic exchanges with only domestic partners.
Iwog: show me one.
Thomas: blah blah blah tech industry
Iwog: show me one.
Thomas: blah blah blah B2B
Iwog: show me one.
Thomas: you're getting paranoid.
This is why you can't have a discussion with a right winger. He's living in an alternate reality where English isn't even a common language.
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I already answered your question with evidence provided.
If you cant understand B2B supply chain and e-commerce there is very little I can do for you...they have been around for a very very long time.
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iwog says
Way Way over you head on this one.... are you asking me to hack into their exchange.. sorry. I have no idea how to do that..
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thomas.wong1986 says
I characterized the conversation correctly. If you think this "debate" puts you in a favorable light, you're beyond delusional.
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here is some reading material.. you might learn something...
There is no physical exchange to speak off.. its all digital now days.. this is way beyond the understanding of a landlord.
http://en.wikipedia.org/wiki/Business-to-business
http://en.wikipedia.org/wiki/E-Business_XML
http://en.wikipedia.org/wiki/Private_Electronic_Market
A private electronic market (PEM) uses the Internet to connect a limited number or pre-qualified buyers or sellers in one market. PEMs are a hybrid between perfectly open markets (e.g. exchanges where there is no pre-existing relationship between buyer and seller - similar to eBay) and closed contract negotiations (such as a sealed bid tender, where there is no visibility between competitors and hence no response to competition). The core idea of PEMs is to create competition among buyers/sellers while allowing buyers/sellers to adjust all those aspects of the deal that are typically only dealt with in a negotiation. This creates a problem of "comparing apples and oranges": bids may be quite different in many dimensions and therefore cannot easily be compared. Apart from the dimension of price these could include pre-negotiated discounts (e.g. for loyalty), specific qualities, combinations of goods and services with conditional pricing, freight differentials, contract fulfillment timing, payment terms, or deliberate constraints such as market share limits.
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thomas.wong1986 says
Gosh yes. A new fangled digital exchange is far beyond my comprehension.
Did you present a single example of a domestic-only space-aged digital oil exchange yet?
No?
Figures. Here's the updated conversation. Everything is 100% accurate:
Thomas: Oil trading occurs on domestic exchanges with only domestic partners.
Iwog: show me one.
Thomas: blah blah blah tech industry
Iwog: show me one.
Thomas: blah blah blah B2B
Iwog: show me one.
Thomas: you're getting paranoid.
Iwog: show me one.
Thomas: Way Way over you head
Iwog: show me one.
Thomas: Blah blah blah private electronic market (PEM)
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iwog says
LOL! who is full of shit now ?
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thomas.wong1986 says
Show me one.