Ndaccountant
Old Hoss
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Reps to your sir
Reps to your sir
i hear you Bogs...i was really just looking for a way to get that stat in.
it is the #1 reason for the fall of the former soviet union.
bringing it into the current crisiis wiith Putin...imagine what would happen to world politics if oil today went from $100 a barrell down to $25 a barrell quickly, and stayed at that level?
everything would change. russia, the middle east, china, iran, even the US.
King Oil is always the most important player in the Game of Thrones...
As oil production dropped in the 1988-1991 period, FSU (Former Soviet Union) oil exports plummeted (Figure 2 – Difference between production and consumption). Given the combination of a low quantity of oil exported, and low sales price of oil exports, the FSU (Former Soviet Union) found itself in financial difficulty–it could not afford to pay for food imports, which it badly needed, and the country collapsed.
I’m sure this is only part of the story–but the question that comes to mind is, “How different would history be if, somehow, the Soviet Union had somehow held things together–perhaps with other sources of income, or an International Monetary Fund loan–so that its oil consumption behaved more like that of the rest of the world?” No doubt part of the reason that world oil prices remained low in the 1985 to 2000 period was the low oil consumption of the FSU (Former Soviet Union).
WWII helped get the US out of the depression
Massive government spending got the US out of the depression, it just so happened to be military spending.
See.
Government spending isn't a defined enough term. In fact, spending is inaccurate.
It wasn't the spending; it was the production, or better yet the producing.
Post depression infrastructural improvements, enlistment for WW II, all war and non war production and the GI bill not only ended the Depression, but it raised a significant portion of the poor up into the worlds greatest middle class. The upper edges of the middle classes extended into what most would identify as the wealthy. This is only being reversed today.
Proof that it is production, not spending is found with the Reagan administration. The Reagan Administation outspent FDR's highest war years budget in adjusted dollars, and created a recession for its troubles. You have to infuse the economy, not put it in profiteers pockets. During the Reagan years, the only ones that profited were armament manufactures, big oil, etc. I ought to know. Every $2,500 I put into Exxon in the early eighties, returned about $8,000 to me in dividends and stock appreciation!
No, with depression, and WWII production, employment was supercharged. Money was pumped into the economy.
During the Reagan years and since 2008 the only ones that have profited are the already wealthy. Not the same thing at all.
WW2 didn't end the depression because of stimulus or government spending. It ended the depression because we were building bombs. Those were the proverbial "shovel ready jobs" that were completely absent from the Recovery and Reinvestment Act. Full employment is also pretty easy WHEN THERE'S A DRAFT.Yes, government money. The problem with the New Deal was that it wasn't ambitious enough. WW2 just so happened to be the greatest public works project in history. A Keynesian dream.
Even with the Regan military buildup, military spending as a percentage of GDP was much lower than WW2 levels.
I bring this up because I hear so many people who are against government spending during recessions, yet think WW2 got us out of the depression. They're the same thing.
i <3 America. Russia ain't got nothing on this.
School Uses Man's Pants for National Anthem After They Don't Have a Flag at Game | Bleacher Report
The Middle East is divided by religion and tribe. Ukraine is divided by culture, reinforced by religion. Russia is held together by history and power. America has interests in these areas but mainly for peace and stability. Israel too has interests in the Middle East. But there are Russian interests as well, which most likely do not include administering a struggling and fiscally-draining Ukraine. European Union trade membership for western or even all of Ukraine might be possible with Crimean autonomy and Russian influence, but NATO membership would be almost an act of war. What would the U.S.’s position be if Canada decided to join a Russian military alliance?
That Turchynov reversed himself and vetoed the anti-Russian language bill and offered to negotiate on increased Crimea autonomy are enormous steps in the right direction. In Syria the only way out for the moderates may be a similar negotiated decentralization agreement with Assad. There was an earlier Alawite state. Indeed, both of these discussions are advancing but need patience. Negotiation and decentralization are the only ways forward and hot rhetoric and simplistic solutions from outside only make things worse. The reasonable steps toward restraint proposed by former U.S. ambassadors to Ukraine, William B. Taylor, Steven K. Pifer, and John E. Herbst are the place to begin.
WW2 didn't end the depression because of stimulus or government spending. It ended the depression because we were building bombs. Those were the proverbial "shovel ready jobs" that were completely absent from the Recovery and Reinvestment Act. Full employment is also pretty easy WHEN THERE'S A DRAFT.
https://www.youtube.com/watch?v=GTQnarzmTOc
The great irony is that the big-government types criticize Reaganomics as "trickle down," when the real "top down" approach comes from the GOVERNMENT, not business.
Yes, government money. The problem with the New Deal was that it wasn't ambitious enough. WW2 just so happened to be the greatest public works project in history. A Keynesian dream.
Even with the Regan military buildup, military spending as a percentage of GDP was much lower than WW2 levels.
I bring this up because I hear so many people who are against government spending during recessions, yet think WW2 got us out of the depression. They're the same thing.
WWII helped get the US out of the depression
These statements contradict each other.
This is actually great, but why wasn't there a flag in the gym, is the question.
These statements contradict each other.
i <3 America. Russia ain't got nothing on this.
School Uses Man's Pants for National Anthem After They Don't Have a Flag at Game | Bleacher Report
No. They don't. Keynesian "stimulus" economics don't care what you spend money on, so long as you're spending. There's no distinction between spending that provides DIRECT, immediate labor (the military, infrastructure projects) and those that are just spending for spending's sake ("investments" in failed solar companies).
Massive government spending got the US out of the depression, it just so happened to be military spending.
Yes, government money. The problem with the New Deal was that it wasn't ambitious enough. WW2 just so happened to be the greatest public works project in history. A Keynesian dream.
Even with the Regan military buildup, military spending as a percentage of GDP was much lower than WW2 levels.
I bring this up because I hear so many people who are against government spending during recessions, yet think WW2 got us out of the depression. They're the same thing.
WW2 didn't end the depression because of stimulus or government spending. It ended the depression because we were building bombs. Those were the proverbial "shovel ready jobs" that were completely absent from the Recovery and Reinvestment Act. Full employment is also pretty easy WHEN THERE'S A DRAFT.
https://www.youtube.com/watch?v=GTQnarzmTOc
The great irony is that the big-government types criticize Reaganomics as "trickle down," when the real "top down" approach comes from the GOVERNMENT, not business.
For those who were wondering what economic interests benefitted...
"Pittenger and other members of Congress would like to help Eastern Europe overcome its dependence on Russian natural gas with liquified gas supplies from the US and its allies in the Middle East, such as Kuwait."
"Currently, the US exports no natural gas. Companies like ExxonMobil, however, are lobbying Washington policymakers to finally issue the necessary permits to build export terminals. More and more Republicans support the move."
"The Crimean crisis should be reason enough, the Republicans argue, to quickly approve the construction projects. Only then can liquified gas be exported from the US."
Fuel for the next cold war | World | DW.DE | 11.03.2014
Interesting. What's our response?
So, it's being reported that Russia says it intercepted a US drone over Crimea.
Interesting. What's our response?
Russia says intercepted US drone over Crimea: arms group
That wasn't her toe, dude. Fucking amateurs.
If your football innocuously ends up in the backyard of a friendly neighbor, you politely request its return. But if it not-so-innocuously ends up in a restricted area, you forget about it and pretend nothing happened.