Posts Tagged ‘oil’

Cause I’m The Tax Man….Yea, I’m The Tax Man…

Tuesday, September 1st, 2009

Let me tell you how it will be.  There’s one for you; nineteen for me…

View ImageAFL-CIO, Dems Push New Wall Street Tax

The nation’s largest labor union and some allied Democrats are pushing a new tax that would hit big investment firms such as Goldman Sachs reaping billions of dollars in profits while the rest of the economy sputters.

The AFL-CIO, one of the Democratic Party’s most powerful allies, would like to assess a small tax — about a tenth of a percent — on every stock transaction.

[Thea Lee, policy director at the AFL-CIO. said that] “The big disadvantage of most taxes is that they discourage some really productive activity,” she said. “This would discourage numerous financial transactions. People flip their assets several times in an hour or a day. They make money but does it really add to the productive base of the United States?

Lee said that taxing every stock transaction a tenth of a percent could raise between $50 billion and $100 billion per year, which could be used to pay for infrastructure projects and other spending priorities. She said the tax could be applied nationwide or internationally.

The AFL-CIO and some allied Democrats would like to cut down on the overall level of trading, or at least give the U.S. government a piece of the action, which would likely tamp down trading.

Democrats and labor officials would also like to take a bite out of Goldman’s profits. Liberals are angry the company, which immersed itself in the frenzy of speculation leading to last year’s financial collapse, is now making huge profits after accepting (and repaying) $10 billion in government aid. Goldman employees are on track to earn an average of more than $700,000 this year.

There is also a growing realization among Obama administration officials and lawmakers that tax increases may be necessary to curb the ballooning federal deficit.

{The Article}

Spreading the wealth around? Check! Attempting to control the free actions of the people? Check! Spending other people’s money? Check! Arrogant attitude about how much others should make? Check!  Check!  Internationalism?  Check!

Ah…this must be “Change We Can Believe In”.

…And your working for no one but me!

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Let’s put this Congressional “generosity” in context:

Congress’ Travel On Taxpayer’s Dime Rises Tenfold

Yukia Amano To Replace ElBaradei As IAEA Head

Thursday, July 2nd, 2009

After three previous rounds of inconclusive voting back in March, the UN nuclear agency’s 35-nation board finally chose Yuikya Amano to replace Mohammad ElBaradei as IAEA head.  He will start in November 2009.

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Mr Amano won the required two-thirds majority from the IAEA governing board, defeating his South African rival, Abdul Samad Minty, by 23 votes to 11.

Mr Amano had the support of many industrialised countries while Mr Minty was favoured by most developing nations.

The vote reflected that split, with Mr Amano scraping through to victory by the bare minimum margin, without the support of developing states. There was also one abstention.

Mr. Amano has held senior arms control posts in Tokyo and most recently was Japan’s representative at the IAEA.

{The Rest of The Article}

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The jury is still out on what type of difference this election make on the agency, if any.  While some are very unenthusiastic about this change, the BBC (as quoted above) seems to consider Mr. Amano to be the West’s guy.

However, insofar that Japan just entered into a major oil deal with Iran, I’m not very optimistic that Mr. Amano is going to be the watchdog we are looking for.

Beware Of The Dangers Of Gerin Oil

Wednesday, December 3rd, 2008

Putting aside the usual blogging for a moment, I would like to remind everyone of the dangers of the latest “fad” drug out there. The Young are especially susceptible, as peer pressure may get the best of even the most easy-going teen. But the drug could also be attractive to older people, many of whom are facing difficult times and may be searching for an inexpensive release.

Gerin Oil is virtually cost-free. It can be produced and distributed with minimal expenses or expertise. And it can be HIGHLY intoxicating. Victims of this drug have been known to turn on family and friends. Men will beat their wives while under the influence, and force them to partake in the drug. In areas where the drug is legalised – especially in the Middle East where the drug has an almost cult-like following, older men will sexually abuse children, even as young as ONE day old. In some cases, paranoid fathers have brutally slaughtered their own daughters. Children with parents under heavy influence of Gerin Oil often grow up resentful of others, and have a incurable case of narcissism. And in more extreme cases, victims will go on violent rampages, killing anyone in their path.

Gerin Oil addiction may also be hereditary.

Though, Gerin Oil is not always harmful. In some cases, it can actually be beneficial depending on the circumstances of the individual. However, as with any drug with the potential to harm, great care should be taken when introducing Gerin Oil to a regular regimen of diet, spirituality, education, and exercise.

Stay on guard.

Gerin Oil (or Geriniol to give it its scientific name) is a powerful drug which acts directly on the central nervous system to produce a range of symptoms, often of an anti-social or self-damaging nature. It can permanently modify the child brain to produce adult disorders, including dangerous delusions which are hard to treat. The four doomed flights of September 11th 2001 were Gerin Oil trips: all nineteen of the hijackers were high on the drug at the time. Historically, Geriniolism was responsible for atrocities such as the Salem Witch Hunts and the massacres of Native South Americans by Conquistadores. Gerin Oil fuelled most of the wars of the European Middle Ages and, in more recent times, the carnage that attended the partitioning of the Indian subcontinent and of Ireland.

Gerin Oil intoxication can drive previously sane individuals to run away from a normally fulfilled human life and retreat to closed communities of confirmed addicts. These communities are usually limited to one sex only, and they vigorously, often obsessively, forbid sexual activity. Indeed, a tendency towards agonized sexual prohibition emerges as a drably recurring theme amid all the colourful variations of Gerin Oil symptomatology. Gerin Oil does not seem to reduce the libido per se, but it frequently leads to a preoccupation with reducing the sexual pleasure of others. A current example is the prurience with which many habitual ‘Oilers’ condemn homosexuality.

As with other drugs, refined Gerin Oil in low doses is largely harmless, and can serve as a lubricant on social occasions such as marriages, funerals, and state ceremonies. Experts differ over whether such social tripping, though harmless in itself, is a risk factor for upgrading to harder and more addictive forms of the drug.

Medium doses of Gerin Oil, though not in themselves dangerous, can distort perceptions of reality. Beliefs that have no basis in fact are immunized, by the drug’s direct effects on the nervous system, against evidence from the real world. Oil-heads can be heard talking to thin air or muttering to themselves, apparently in the belief that private wishes so expressed will come true, even at the cost of other people’s welfare and mild violation of the laws of physics. This autolocutory disorder is often accompanied by weird tics and hand gestures, manic stereotypies such as rhythmic head-nodding toward a wall, or Obsessive Compulsive Orientation Syndrome’ (OCOS: facing towards the east five times a day).

Gerin Oil in strong doses is hallucinogenic. Hardcore mainliners may hear voices in the head, or experience visual illusions which seem to the sufferers so real that they often succeed in persuading others of their reality. An individual who convincingly reports high-grade hallucinations may be venerated, and even followed as some kind of leader, by others who regard themselves as less fortunate. Such follower-pathology can long post-date the original leader’s death, and may expand into bizarre psychedelia such as the cannibalistic fantasy of ‘drinking the blood and eating the flesh’ of the leader.

Read more.

(Hat Tip: Shiva & Avideditor)

Our Heart Bleeds! OPEC May Cut 1 Million Barrels

Saturday, November 15th, 2008

How sad, that their precious comodity is losing value. I’m really sad that these Terror supporters are losing money. Quick, we need to bail them out!

Nov. 14 (Bloomberg) — OPEC, supplier of more than 40 percent of the world’s oil, will probably announce plans to lower supply for the third time in as many months to prevent prices plunging toward $50 a barrel, a Bloomberg survey showed.

The Organization of Petroleum Exporting Countries will cut output at a meeting in Cairo on Nov. 29, according to 17 of 18 analysts surveyed by Bloomberg. Fourteen of the analysts predict the reduction will be 1 million barrels a day or more.

“Given the rapid deterioration in the flow of economic data, and implications for further oil demand weakness, OPEC might have to cut by at least an extra 1 million barrels in order to catch the market’s attention,” said Harry Tchilinguirian, senior oil analyst at BNP Paribas SA in London.

Read this here.

Russian strategic bombers land in Venezuela

Thursday, September 11th, 2008

That POS Hugo is up to no good yet again.

Tupolev bombers arrrived in Caracas the other day

Why the fuck are we buying oil from this Communist anyways? Actually, why the fuck haven’t we offed this scumbag?