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I think I called this for Ellis Wyatt on Mr. Ruddy's post

Posted by khalling 9 years, 8 months ago to Business
40 comments | Share | Flag

"With the use of the innovative technologies, available fossil fuel resources could increase from the current 2.9 trillion barrels of oil equivalent to 4.8 trillion by 2050, which is almost twice as much as the projected global demand."


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  • Posted by plusaf 9 years, 7 months ago in reply to this comment.
    Unless it involves the mainscream media, in which case I invoke my "Wait Three... days, weeks, months..." rule. Whatever the first 'conclusions' are, you can usually bet that a very different 'truth' will appear later... like with downed Russian passenger jets, etc...
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    Yes, that yields very little in the candidate department, since there is such a huge variety of options in the way things can be manipulated. Such a bevy of choices...
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    No argument here, I just have a hard time believing that anyone will ever just tell facts and not skew them their way. I find very little media available that does so, so it is almost inherent that you have to look between the lines and try to see what they are really doing.
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    I'm sorry if it offended you. At 57 yo, I have had many more cases dealing with unscrupulous individuals, companies, govt organizations and people such that I am quite jaundiced in that respect.
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  • Posted by Maritimus 9 years, 7 months ago in reply to this comment.
    In my life, I have dealt with several bankers who demonstrated, numerous times, utterly scrupulous honesty. Both honest and dishonest people are individuals. They each should be evaluated on that bases. What you are saying is analogous to saying: "All white people were slave owners."
    I now realize that what I object to the most is that broad brush which you seem to swing back and forth.
    EDIT: Spelling and two missing commas.
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  • Posted by plusaf 9 years, 7 months ago in reply to this comment.
    Oh, there's probably correlation AND causation... and I'm probably at least as suspicious a dude as you are... but one of my other 'mantras' is Wait Three.... hours, days, weeks or whatever's... for More Facts To Surface.

    Like the theories and 'definite conclusions' that rocketed around the Mainscream Media after the Russian passenger jet went down. Too many people "knew what happened" long before the 'black boxes' were even found, let alone analyzed!

    Some of the wording of those Oil Company Documents could be honest or could be deliberate weasel-wording to keep lawsuits away.

    I'm just waiting for more data. I love data.
    :)
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  • Posted by plusaf 9 years, 7 months ago in reply to this comment.
    Nick, all i meant was that if you can't find an 'honest banker,' ask what reward or measurement structure provides an incentive, reward or whatever For them to Not Be Honest...
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    Plus, so you do not see some correlation between the fact that one oil company is under indictment for not revealing the "truth"about their environmental impact, and the Obamanations current drive for "saving the world"? Added to BPs apparent leaning into the carbon tax framework by justifying it with how it make green energy "affordable". Just seems kinds suspicious, but I am a suspicious sort.
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    However, if the market, financial institutions and rules are all skewed in their favor, then it is an issue. Case in point: I sell my company piitance of stock I get (approx13 shares after the "take" 17 for taxes that somehow never gets documents, but another story), I wait three days for "settlement" yet if I go through a large trade house (like ETrade) it is same day service, buying or selling. Yet, there are also huge companies such as mutual funds, who can trade in seconds and those trades are recorded and seemingly settled immediately. Different systems for different folks. So, I don't know how you can effectively measure banks, unless you have a skewed measurement system. All that folds itself into a system that is extremely skewed for specific entities, from individual up to government.
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  • Posted by $ nickursis 9 years, 7 months ago in reply to this comment.
    Maritimus, you raise good points, Specifically I was trying to say that there is not an honest wealthy banker type around (as in obvious to us as available to fill the role of financial savior along the lines of the US participation in Lend lease). You are correct that it is impolite and inaccurate to portray all wealthy people as self centered, untrustworthy. I do not know the details of every wealthy person in the country. Thanks for bringing that point up, well said and I appreciate your point. Thank you.
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  • Posted by Maritimus 9 years, 7 months ago in reply to this comment.
    "... I don't see an honest wealthy person around."
    May I respectfully suggest that you search for "The Weekend Interview with Arnold Fisher: Healing the Brains of American GIs" by William McGurn (The Wall Street Journal, Sat/Sun November 7 - 8, 2015). Just a most recent case, still in the rapidly fading memory of an 80 years old fogy.
    In my humble opinion, the wealth has never been rationally demonstrated to be a reliable measure of dishonesty (neither of honesty, for that matter). I think that your statement illustrates a delusional prejudice which the collectivist propaganda loves to propagate. Would you then claim that the 10% wealthiest families in this country are all dishonest? Bringing an argument ad absurdum helps the rational mind recognize fallacies, I think.
    Forgive me, please, I do not mean this as any kind of personal attack on you. But, with overexposure to the toxic propaganda, I have now intense allergic reactions.
    All the best wishes!
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  • Posted by plusaf 9 years, 8 months ago in reply to this comment.
    Nick, this is not an 'accidental repost...'

    Ah, Nick, you remind me of a bromide an old manager told me... "Tell me how you're going to measure me and I'll tell you how I'm going to behave..."

    Who sets the "measurements" for banks? Customers or The Government? Who's to blame if they behave accordingly? Customers or The Government?

    I love searching for Root Cause. It's almost NEVER the market, industry or corporation that's The Root Cause. (imnsho)
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  • Posted by plusaf 9 years, 8 months ago in reply to this comment.
    Ah, Nick, you remind me of a bromide an old manager told me... "Tell me how you're going to measure me and I'll tell you how I'm going to behave..."

    Who sets the "measurements" for banks? Customers or The Government? Who's to blame if they behave accordingly? Customers or The Government?

    I love searching for Root Cause. It's almost NEVER the market, industry or corporation that's The Root Cause. (imnsho)
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  • Posted by $ nickursis 9 years, 8 months ago in reply to this comment.
    Yes, the root problem here is no one can just work with the truth, and frame it in fact, not fantasy. But is see a lot of this stuff is now the Obamanations attempt to impose his will before he is gone, so he can leave a legacy of "saving the world".
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  • Posted by Lucky 9 years, 8 months ago in reply to this comment.
    Curious, how governments of US states can demand emails of corporations covering a 10 year period. Yet, scientists employed in government establishments, particularly NOAA, paid for entirely by taxation, are strongly resisting a senate inquiry into making emails and data available. (See lowing past temperature records so more recent numbers appear to be increasing).
    That source further spreads the implication that scientist Willie Soon received money for exposing carbon scare propaganda, Wille Soon got no extra money for that research. The funding source paid directly to his employer, the Smithsonian, who grovelled but failed to substantiate the accusation.
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  • Posted by $ nickursis 9 years, 8 months ago in reply to this comment.
    Well, that part was mainly afterwards, there were numerous occupied country pilots (poles mainly) and the US was doing the lend lease thing. Churchill was desperate for anything to get the US into war. In this case, though, you are indeed on target with our need of a MM type, except I don't see an honest wealthy person around. It is almost a contradiction in terms. I almost believe AR overstepped her bounds with him, unless she was trying to just portray an honest banker (which may have been rare even back then). May be a long wait, freedom...
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  • Posted by freedomforall 9 years, 8 months ago in reply to this comment.
    You got it. Any technology will only be researched and released by the BP's and GE's after they have manipulated laws to award them advantages that loot wealth from others, using climate change as camouflage.
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  • Posted by freedomforall 9 years, 8 months ago in reply to this comment.
    Hmmm, who plays the role of America (and its deep pocketed, unassailable production) to save Britain in this scenario? I think we need a strong ally, a Midas Mulligan ASAP.
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  • Posted by $ nickursis 9 years, 8 months ago in reply to this comment.
    Well, let's see. Lend them a few hundred lawyers (they have lots of them we help to fund), make large contributions to whatever party the AG belongs to (or Governor), or if feeling really nasty, start a "We are the Green machine" advertising campaign and compare ourselves to the other guy. When it comes to money, there are no buddies. Look at how they let BP drown in the gulf. I think the third one (maybe a close second) is most probable It is funny though, I am willing to bet the NY AG is a Democrap, and this article below seems to sing the song of "Get on board with the Democrap Climate Claim Bandwagon or suffer the consequences" and may also be what prompted BP to sing their song, to avoid any more Gulf leak investigations, lawsuits and fines. What an interesting mix of events we have here.
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