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October 05, 2022 10:40 PM UTC

Thursday Open Thread

  • 47 Comments
  • by: Colorado Pols

“Greatness is a road leading towards the unknown.”

–Charles de Gaulle

Comments

47 thoughts on “Thursday Open Thread

    1. War in shit hole country moves to first world.

      Strategic Oil Reserve empty, inflation at record level, record job loss, begging terrorist countries for oil, record poverty………Oh wait, that’s happening now.

        1. Thanks for evaluating the statements today.  20% … and I might give partial credit for the ambiguity of "inflation at record level" … if perspective narrows to "record in the past 40 years," and squint a bit, it has been a record.  ,

           

      1. “inflation at record level………”

        In the last 6-8 months, the AARP newspaper and Consumer Reports combined have provided about 200 tips on saving money in inflationary times.

        Moral of the story is simple:

        Those who can…..get out and make things happen.   Those who can’t…..post complaints about “Joe Biden’s economy” on message boards.

      1. Don't know if everyone is poorer.  If the US is successful in maintaining distance in the proxy war it ends up with a stronger geopolitical position.  Russia has blown up it's image as a global force projector and it's left as a petro-state with nukes.  It's not an advantageous position to have as the world electrifies.  Petroleum as industrial feedstock is a lot less of a strategic advantage than as energy.

        Plus countries are now clambering for Western weapons over Soviet-era relics no matter how much the Ukrainians are taking advantage of their Soviet stockpiles.  Perception means a lot.

      2. Estimate of Russians who have left Russia behind — Feb 24 – September 1, the estimate was over 400,000.  After the announced "mobilization," another 250,000 or so.  With that quarter million, many left on their own, anticipating bringing wives and children later. 

        I suspect that eventual emigration of wives and children will at least match the 250,000 — which would push the loss close to a million. 

        Add in the sizeable share of the 60,000 dead.  Layer that on to the on-going losses from COVID and life expectancy declines from the already low levels, and Russia will be suffering from these few years for a generation.

    2. Solzhenitsyn wrote "Leaders need victories, the people need defeats."

       Ideally, Putin's defeat leads the Army to overthrow him, replacing him with a moderate Socialist government.

      Kerensky to stay?

    3. I think Ukraine will regain everything and Putin will be replaced. There could be other outcomes but the way everything is playing out that is by far the most likely.

      Once the war ends the EU will take its sweet time admitting Ukraine but will eventually do so. On the NATO application they'll fart around forever and never do it, even though Ukraine more than earned it.

    1. Didn’t your momma warn you about “dating a Dooley”?

      Would you rather she spanked him with a Forbes magazine, announce a run for President and have a lawyer use campaign funds for hush money?

        1. You also stumble upon sewer rats like Alex Jones, Mike Lindell, Bimbobert, Gaetz and EmptyG. Gawd, that makes me think of wee little Madison Cawthorn.  Do they still let him hang out in the Chambers or is he one of those Repugs who doesn’t show up and still demands a check until January?
           

          Kinda digging the playful, kinder Pear this morning. What’s up? 😬

  1. Day four (4) waiting for Granahl to release her detailed plan by her "top" economists on how she is going to eliminate the income tax and still provide quality public services.

      1. My bet (being Gilpincentric) is it has been up for a while and not the promised detailed plan that Heidi told Singleton that she was going to produce on Monday.

        Reminds me of the cartoon where there is a gigantic equation on the board and then down at the bottom it says "And then a miracle happens".

         

  2. Saudi Arabia is not our friend. It's time to cutoff part supply for American weapons.

    The Saudis are allied with Jared Kushner, Trump and the Republican Party.

    PP was asking about the end game in Ukraine. It is coming into focus:
    NATO stronger,
    Russia weaker.
    Ex-Soviet regions seeking more independence.
    India moves away from Russian sympathy.
     

    1. "It's time to cutoff part supply for American weapons"

      Definitely!

      And what can they do in return? Threaten to buy their weapons from Putin? 

      LMAOROFPIMP

  3. The latest move by OPEC simply proves that we shouldn't be looking at oil and gas for our future needs. Time to push for a renewable and electric transition – which not so coincidentally will also address some of the climate crisis.

      1. Cost-Benefit-Time tradeoff.

        Solar and Wind are by far the cheapest source. Nuclear may help bridge the transition, but is far too expensive to count on.

        1. And we need green Hydrogen as a battery to use when we have stretches of cloudy windless days.

          The best solution is all of the above – solar, wind, nuclear, geothermal, & hydro. That way you always have some that are working.

          1. Sorry … but the capital investment needed for nuclear, the lead time to get to production, and the uncertain costs — we STILL don't know the initial costs for disposal of fuel and facilities, let alone what the costs will be over the next 200 years (and that's only a good start on the timeline needed for maintaining control of the hazardous wastes.)  And of course, fission plants are heavily dependent on water for cooling — which means locations are going to be much, MUCH more limited due to heightened awareness of risks of earthquakes (much of California), hurricanes (Atlantic coast), and drought.

            We need fusion plants (still 10 years in the future, as it has been since the 1960s) and then we can assess production costs of that technology, fission power

    1. Given that we import essentially NOTHING from OPEC nations to the United States, the cut mainly will mean the world price of oil will go up.  We won't have a shortage (as we did in the 1970s, when OPEC _DID_ have US over a barrel. 

      Ever since I was a young college debater, the policy of making fossil fuels more expensive made good sense.  Had we matched the prices and taxes of fossil fuel in the EU or Japan, we would have been economically ahead.

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