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SergeantPsycho

SergeantPsycho

Hampton, VA
January 2007

JUN 28, 2008 05:26 PM

motorfirebox said:

SergeantPsycho said:
Perhaps they should raise their pay, which would raise the costs of the products, which would then sell less, which would result in less revenue, which would mean they'd have to lay off some of those workers. Which would mean they might have to work at less favorable jobs. Going back to your metaphor, that's like cutting off the triple amputee's remaining limb.


for a while, possibly. but if we insist on fair wages for laborers, and work to even out trade and labor imbalances, we can eventually raise the global standard of living. your way, we keep on making the poor poorer and the rich richer.



Exactly what is a "fair wage"? I'm sure the Chinese workers consider working in a manufactoring plant for Wal-Mart and making twice what they would in a farm in some rural back water more than fair. And if your going from working on a farm and then making twice as much at a manufactoring plant, you're getting richer, not poorer. If you lose your job, even "for a while", you're definitely getting poorer.

roubles

roubles

I'm lost
June 2008

JUN 28, 2008 07:54 PM

No mention of the US dollar which is the main reason for exploding commodity prices. Oil has more than doubled in a year but demand certainly hasn't doubled so that doesn't explain the huge rise. What has happened is the FED has slahed the discount rate to 2% which is half the inflation rate of 4% (I look at the CPI with food and energy not the "core rate" nonsense). If you want to knock down the price of oil and food here's 2 actions that will knock it down immediately
1. Raise rates above 4%
2. Cut spending-start with getting out of Iraq and stop trying to run the world.
While China and India's economy aren't at the US level(yet), they are growing at a blistering pace because they're spending their money developing their economy while the US is chasing boogeymen all over the globe.

cpkz

cpkz

Los Angeles, CA
September 2006

JUN 28, 2008 08:43 PM

stockula said:,
while starving the poor and killing birds.



...
You made me cry. I had hoped my entire life I would never hear an argument as ignorant as this in my life.
You crushed me stockula, you crushed my hope that there were intelligent right wing nuts. You may have even crushed my hope that there are intelligent people in the world, period.

I hope you know how you hurt me...

/slitwrist.

mingol

mingol

Singapore
July 2005

JUN 28, 2008 09:33 PM

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."

motorfirebox

motorfirebox

Pittsburgh, PA
March 2004

JUN 29, 2008 12:51 AM

SergeantPsycho said:
Exactly what is a "fair wage"?


one that encourages long-term economic growth for both payer and payee.

JuniorBarnes

JuniorBarnes

Portland, OR
April 2007

JUN 29, 2008 01:09 AM

stockula said:
So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?



"Our citizens' well-being and prosperity" is based solely on the well-being and prosperity of the planet, and it is in "our own interests" to do whatever is necessary to protect it. Drilling and spilling more oil in order to keep pace with obscene, gluttonous increases in demand does nothing to achieve that end. That, smart guy, is why the lawsuits don't stop, and they're not going to.

I can say with confidence that I've never resisted ad hominems more strongly than I am resisting them right now...

motorfirebox

motorfirebox

Pittsburgh, PA
March 2004

JUN 29, 2008 01:11 AM

JuniorBarnes said:
I can say with confidence that I've never resisted ad hominems more strongly than I am resisting them right now...


ah, you must be new here. welcome to CE!

defaultx

defaultx

I'm lost
February 2006

JUN 29, 2008 09:19 AM

Rusty_metal_ass

Rusty_metal_ass

I'm lost
October 2006

JUN 29, 2008 10:04 AM



Fuck Metallica. Ungrateful corporate whores!

Ferretbite

Ferretbite

Mexico
September 2006

JUN 29, 2008 02:37 PM

Shiny_Metal_Ass said:



Fuck Metallica. Ungrateful corporate whores!



With a miserable new album name.

Cigarette

Cigarette

Cleveland, OH
April 2004

JUN 29, 2008 03:29 PM

SergeantPsycho said:

Stiles said:

SergeantPsycho said:

There are a lot worse jobs than that. Like working in a Chinese coal mine for example. Besides, they might have to raise the price for those products, at which point we'll be having a thread (started by FTR of course) about how LED manufactures are evil greedy corporate types out ot gouge poor people by raising prices.



That is some sorry-ass reasoning you have there.

Saying quadruple amputees have it worse than triple amputees does not make it OK to cut off people's limbs.



Unlike cutting off some one's limbs, keeping a person out of a coal mine is a mutually beneficial arrangement. We get our products cheaper, and they get more money (and in a relatively safe environment) than they would otherwise. Perhaps they should raise their pay, which would raise the costs of the products, which would then sell less, which would result in less revenue, which would mean they'd have to lay off some of those workers. Which would mean they might have to work at less favorable jobs. Going back to your metaphor, that's like cutting off the triple amputee's remaining limb.



Alternatively, their products aren't purchased at all and instead, they are bought from an ethical company and the unethical company realizes it can only remain competitive by establishing a fair compensation package and and reasonable working conditions for laborers which can be achieved via cuts in executive salaries. Labor wages aren't the only source of cutting expenses. Between the President and Chairman of GM, they made over $15 million last year. How many jobs could have been saved with a little bit of that money? Jeff Immelt at GE makes $12 million/year himself but they had to lay off some 400 employees in Wisconsin this month. Round up a couple CEOs, CFOs, COOs, Chairmen, Presidents... all of the sudden, you've got a couple hundred million in extra spending money lying around!

Cigarette

Cigarette

Cleveland, OH
April 2004

JUN 29, 2008 03:33 PM

SergeantPsycho said:

motorfirebox said:

SergeantPsycho said:
Perhaps they should raise their pay, which would raise the costs of the products, which would then sell less, which would result in less revenue, which would mean they'd have to lay off some of those workers. Which would mean they might have to work at less favorable jobs. Going back to your metaphor, that's like cutting off the triple amputee's remaining limb.


for a while, possibly. but if we insist on fair wages for laborers, and work to even out trade and labor imbalances, we can eventually raise the global standard of living. your way, we keep on making the poor poorer and the rich richer.



Exactly what is a "fair wage"? I'm sure the Chinese workers consider working in a manufactoring plant for Wal-Mart and making twice what they would in a farm in some rural back water more than fair. And if your going from working on a farm and then making twice as much at a manufactoring plant, you're getting richer, not poorer. If you lose your job, even "for a while", you're definitely getting poorer.



At least if you're subsistence farming, you determine your hours, your breaks, your relationship with your boss, your working conditions. You don't die at 24 of mercury poisoning like the milliners of early 20th century New York or of radiation poisoning like the girls painting glow-in-the-dark numbers on clocks. Your inability to see past the capitalist mindset of "accumulation" is forcing you to equate relative "wages" with "quality of life".

stockula

stockula

Anchorage, AK
May 2003

JUN 29, 2008 03:43 PM

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing? Who would administrate that?

stockula

stockula

Anchorage, AK
May 2003

JUN 29, 2008 03:45 PM

JuniorBarnes said:

stockula said:
So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?



"Our citizens' well-being and prosperity" is based solely on the well-being and prosperity of the planet, and it is in "our own interests" to do whatever is necessary to protect it. Drilling and spilling more oil in order to keep pace with obscene, gluttonous increases in demand does nothing to achieve that end. That, smart guy, is why the lawsuits don't stop, and they're not going to.
.



That's great. I'll do what I can to remind as many people as possible the reasons why their gas prices are so high; because people like you don't give a damn about people like them.

SockPuppet

SockPuppet

I'm lost
July 2006

JUN 29, 2008 05:01 PM

stockula said:

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing? Who would administrate that?



Is the productivity proportional to the consumption? If not, it would be better used somewhere where it might be.

SockPuppet

SockPuppet

I'm lost
July 2006

JUN 29, 2008 05:01 PM

stockula said:

JuniorBarnes said:

stockula said:
So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?



"Our citizens' well-being and prosperity" is based solely on the well-being and prosperity of the planet, and it is in "our own interests" to do whatever is necessary to protect it. Drilling and spilling more oil in order to keep pace with obscene, gluttonous increases in demand does nothing to achieve that end. That, smart guy, is why the lawsuits don't stop, and they're not going to.
.



That's great. I'll do what I can to remind as many people as possible the reasons why their gas prices are so high; because people like you don't give a damn about people like them.



Somebody's never heard of supply and demand.

cpkz

cpkz

Los Angeles, CA
September 2006

JUN 29, 2008 06:00 PM

stockula said:

That's great. I'll do what I can to remind as many people as possible the reasons why their gas prices are so high; because people like you don't give a damn about people like them.



The reason their gas prices are so high will be staring you in the face. Each and every American and their rate of consumption is the reason gas prices are so high.

*is fully aware that he contributes to this as well. I don't complain about gas prices though, although I do wish there were alternate fuels.

LostLucy

LostLucy

USA
December 2006

JUN 29, 2008 08:12 PM

stockula said:

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing? Who would administrate that?




If we can afford the energy and use it as we see fit, we might end life as we know it for many.

attn_ho

attn_ho

Brooklyn, NY
February 2004

JUN 29, 2008 08:43 PM

LostLucy said:

stockula said:

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing? Who would administrate that?




If we can afford the energy and use it as we see fit, we might end life as we know it for many.



yes, but if the end of humanity is going to happen, it wont happen in this fidcal year. so stockula wont care.

mingol

mingol

Singapore
July 2005

JUN 30, 2008 01:58 AM

stockula said:

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing?


No, but ratifying the Kyoto Protocol and replacing gas-guzzling SUVs with more fuel-efficient vehicles and better public transport would be a nice start.

Sick

Sick

Minneapolis, MN
June 2003

JUN 30, 2008 04:42 PM

ericwine said:
While it's true that increasing supply will lower prices (one of the first things you learn in ECON 101), but that assumes demand and production costs remain steady. As FTR points out, offshore drilling is expensive and won't increase supply significantly. At best, it's a wash. We could drill on land if we find an oil field big enough to justify it, but if it existed, we'd have found it already. IIRC, the recent oil strike in North Dakota is only about 3.2 billion barrels, about 5 months' worth.
Back in March, I ran across a column at the right-wing site Newsmax, written by its editor in chief, Christopher Ruddy, which is worth reading whatever you think of Ruddy, his site or his politics.
Declare War on Oil Before It's Too Late
He starts off suggesting the money spent in Iraq would've been better spent on energy independence (well, duh!) and cites T. Boone Pickens on the transfer of wealth from the US and its allies to countries like Iran, Russian and Venezuela.
Environmentalists might argue with Ruddy's advocacy of coal and nuclear energy, but he also suggests:


Geothermal energy. You may not know this, but Iceland gets 99 percent of its electricity from geothermal means.

Drill deep into the earth and you get heat. Pour water down the hole and it vaporizes to steam. Steam can turn turbines to create electricity. Advocates say that a fully developed geothermal energy program in the U.S. could provide all American energy needs 2,000 times over.

Geothermal plants already provide thousands of megawatts of electricity to Northern California and Nevada.


Wind power. This natural form of energy also is feasible. American wind energy installations currently produce enough electricity on a typical day to power the equivalent of more than 2.5 million homes, but the potential exists for far more wind power production. Pickens says whole sections of the Midwest could harvest enormous energy from such wind farms.



I'd like to know the sources for the bolded part.



I checked out the National Energy Authority of Iceland. Iceland doesn't get 99% of its power from geothermal plants. Only 20% of its electricity is generated using geothermal. However, the other 80% is generated using hydropower.

About 90% of homes are heated with geothermal energy.

Furthermore, Iceland only uses a small amount of its hyropower and geothermal potential.

However, according to the Geothermal Energy Association, the United States is the world's top producer of geothermal power, with geothermal being the third largest source of domestic energy. Still paltry, though--we have a lot more people than Iceland, so our percentages aren't as good; less than 1% of our electric supply.

Most production is in the West, and there's a strong push to get more plants online. So we're apparently making some progress.

jackfetch

jackfetch

Ashland, KY
June 2008

JUN 30, 2008 07:00 PM

We had a teleconference with one of our senators in Ky a while back. The man was obviously for offshore drilling. You could not believe the amount of Democrat bashing he did. He avoided real questions and answered the ones that were in favor of the drilling. My dad and I both took part in, and voted no, both of us had questions and were never selected to ask them. I disagree whole heartedly with offshore drilling. There are different and more economical ways of producing energy. I'm glad you wrote this, so that now more people will know what the truth is about drilling offshore.

stockula

stockula

Anchorage, AK
May 2003

JUN 30, 2008 10:03 PM

jackfetch said:
I disagree whole heartedly with offshore drilling. There are different and more economical ways of producing energy. I'm glad you wrote this, so that now more people will know what the truth is about drilling offshore.



Such as?

stockula

stockula

Anchorage, AK
May 2003

JUN 30, 2008 10:05 PM

mingol said:

stockula said:

mingol said:

stockula said:

mingol said:

stockula said:
The size of our demand is irrelevant.


Remarks like this one are the reason people all around the globe just love Americans.


So...we should seek approval ahead of our own interests and our citizens' well-being and prosperity? Does any other country do that? No. Why then should America?


The United States has a population of 300 million - less than 5% of the world's population - yet consumes 25% of the world's oil.

If the U.S. were the world's only developed country those numbers might make sense, but it isn't, not by a long shot. American habits are simply wasteful, and yet people like you blithely assert that the size of America's demand is "irrelevant."



Our consumption is great but our productivity and what we do with that energy never gets mentioned. 300 million people use that energy to produce the greatest GDP in the world and the highest standard of living for the most number of people in the world.

If we can afford the energy and use it as we see fit, what's the big deal? What do you propose? Rationing?


No, but ratifying the Kyoto Protocol and replacing gas-guzzling SUVs with more fuel-efficient vehicles and better public transport would be a nice start.



No, the Kyoto Protocol is a complete fraud. Countries that did sign it have increased their CO2 emissions and have had to pay billions of dollars in penalties for doing so. The USA which was the target of the Kyoto Protocols has reduced its CO2 emissions, voluntarily, without the penalizing Kyoto scheme.

Not that it matters, because human industry does not change the climate.

Coyotemike

Coyotemike

Kearney, NE
May 2006

JUN 30, 2008 10:13 PM

stockula said:
No, the Kyoto Protocol is a complete fraud. Countries that did sign it have increased their CO2 emissions and have had to pay billions of dollars in penalties for doing so. The USA which was the target of the Kyoto Protocols has reduced its CO2 emissions, voluntarily, without the penalizing Kyoto scheme.

Not that it matters, because human industry does not change the climate.



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