Another 2 trillion in fossil fuel bailouts?

Discussion in 'Energy' started by 101101, Apr 11, 2020.

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  1. 101101

    101101 Well-Known Member

    1953 overthrow of democratic Iranian government for nationalizing oil assets: Fossil Fuel bailout

    Vietnam war: Fossil fuel bailout

    Oil embargo 1970 and attempted US coup: Fossil Fuel Bailout

    3 Mile Island: Fossil Fuel bailout

    Iran Contra and Volker inflation manipulations- US Coup to get rid of Carter admin moratorium on
    fossil fuel profits for former US coup attempt: Fossil Fuel bailout

    Iraq war 1 (Bush's dad sideways drilling into Iraq's oil causing war): Fossil fuel bailout

    Despite Iraq 1 and flat CAFE standards US retail gas outlets decreased by 16%- anticpating more fossil fuel bailouts.

    Theft of election by Supreme Court in Bush v Gore: Fossil Fuel Bailout

    Secret energy policy: prelude to fossil fuel bailouts

    Pulling out of Kyoto: Fossil Fuel bailout

    Enron with rolling blackouts in CA: Fossil Fuel bailout

    911 where 2 trillion went missing and countless FBI cases were destroyed: Fossil Fuel bailout

    Iraq 2: Fossil Fuel bailout

    Afghanistan: Fossil Fuel bailout

    Budget sequestering: Covering up of Fossil Fuel bailouts

    Despite the Bush regime perpetrating more fossil fuel bailouts than any other fossil fuels promptly crashed the global economy resulting in a 16 trillion in US debt to be paid for with interest out of the American people's taxes given to Fed crony banks across the globe in return for 0% interest and no repayment terms to cover the Ponzi shell game implosion of passing around the insuring of bad debts on obviously permanently economically stranded fossil fuel assets where those bad debts were intermingled (as human shield hostage taking) with every legitimate aspect of the financial world including with mortgages and unnecessary busywork transfer payment jobs that the people and families who historically made all the contribution in society have come to depend- the people, for which society exists in the first place : Fossil Fuel Bailout blamed reflexively on the poor:

    311: Fossil Fuel Bailout

    Notice that in the 80s Fossil Fuels were 25% of the S&P now they are 5% because of constant losses despite the endless top down fully planned worst kind of socialism economy because their underlying economics are meant to create artificial scarcity austerity and hollow out public budgets and hedge inflation which are all services to the non-contributing parasitic thieving rich- the kind that ***** about the poor and hold up certain poster child business celebrities as loss leaders to try to cover their non-contribution and theft. Its not limited to fossil fuels, Walmart gets free labor because most of its employees are getting half their compensation from transfer payments- historically 1/3 of the tax haul has gone to stirring the pot with cash transfer most of it to the rich. Despite 5.5 trillion a year in subsidies globally to petrol (more than the petrol sector's claimed share in annual revenues by a good chunk) and not even covering the externality damage from poisoning and polluting which is even more annually than the subsidies- despite all that a Goldman executive said during the 07 crash
    "big oil was never that big, they have to borrow from us to just to pay their dividends." That shows us what an impoverishing scam this industry is and what a fraud it makes of governments that support it.

    PG&E Aliso Viejo leaks that gassed LA but idiotically lead to price increases: Fossil Fuel Bailouts

    Selection by the EC of Trump despite losing the popular vote by the 4th greatest margin in history to possibly the weakest opponent ever: Fossil Fuel Bailout

    Some context is needed on the Trump selection, while it is true that a Trump selection also made Exxon through its CEO the secretary of state (a Fossil Fuel bailout move if ever there was one- where he wanted to make social security contingent on continued fossil fuels) it may have prevented or at least delayed going into Iran sparking WWIII as Iran is a historical Soviet and then Russian protectorate.
    Also mid West US banks were going bankrupt over shale natural gas derivatives in 2016 and so was Deutsche bank (over idiot shale) on the edge of bankruptcy but it was the only bank that would loan to Trump apparently because he was/is a tax evading (that's the hook in he arse) transfer payment case with a long term net negative worth (sound familiar?) We're going to need his tax returns- not having them yet is another: fossil fuel bailout

    Pulling out of Paris: Fossil Fuel bailout

    Attempting to lower CA CARB standards: Fossil Fuel Bailout

    PG&E Enron style black outs: Fossil Fuel Bailout

    Tariffs on solar cells: Fossil fuel Bailout

    Trump Tariffs are an attempt to get the world to buy more of the fossil fuel products that it no longer needs- like trying to push land lines on people that had 5G: Fossil Fuel bailout

    Continued next post in thread
     
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  3. 101101

    101101 Well-Known Member

    continued from prior post


    Trump Federal land give away to petrol industry: Fossil Fuel bailout

    Trump tax cuts for the wealthy: Fossil Fuel bailout

    EPA rule rollbacks on shale: Fossil fuel bailout

    Fossil fuels have just crashed the world economy again just like in 2007 but this time even T-Bills locked up and the stock market crash was worse than in Great Depression. But the ink cloud for "vampire squid" fossil fuel bailouts seems to be CV this time. Not denying that hospitals are jammed, and that a aircraft carrier emptied out but the claimed natural causes death rate globally is 150K per day and total global losses to date due to CV are said to be 100K (and this has gone on for more than half a year- maybe a year) where the losses in the US alone due to ordinary influenza (average CV) are said to be 330k annually and where the losses to cigarette smoking is said to be 500K annually in the US alone and where the average daily global birth rate is 350k. CV looks like a distraction but a distraction from what? Likely answer: another fossil fuel bailout of at least 2 trillion. Do we think GM is really going to manufacture half a billion$$ in ventilators is another fossil fuel bailout.

    911 covered up the theft of 2 trillion dollars which was almost certainly another fossil fuel bailout- remember Rumsfeld couldn't account for it. Now it looks like CV is doing the same with yet another 2 trillion in the first term of another GOP fossil fuel regime as Trump is idiotically saying he can do with the money whatever he pleases including apparently put it in his own pocket (notice his hotels are going under) and that it isn't subject to congressional oversight despite the law saying that cannot happen which really should lead to another impeachment proceeding immediately- its broad daylight theft an issue we've had with him from the beginning just like the emoluments.

    But lets see if CV is another 911 style fossil fuel bailout. Oil price announced that the fleet of super tanker transoceanic crossings were now done with the ship full of oil only one way where before they were full of oil both ways. Was that the shale revolution (doubt it- shale would have to be more viable, its always been a basket case its economics are pure transfer payment theft- all considered it is just as dirty as coal worse for its idiocy.) What about Saudi Arabia- it is selling off all of its oil assets yet what it has are the best and cheapest in the world. Why? Right after it went to sell it had to claim that Iran or some other entity took half its processing capacity off line to try to spike the price because its IPO was way too low? Why? Well, look at Russia and Saudi Arabia as cartel colluders claiming that they can't collude to reduce production (like people have been made to shelter in place during CV reducing demand) to raise prices? That is pure BS- the world simply doesn't need fossil fuels anymore because a snap in totally superior true green replacement has arrived- peak fossil fuel was a while back. Now they want to pay people to store it, the prices have gone negative. They will try to claim there was over supply because of CV- that is just a smoke screen. Fossil fuels have never really been profitable even with massive subsidies but but even with that scamming there will be no fake profit in the future it is over.

    During the 08 crash when all the stores were closing and everything was going crazy Locheed Martin took out multi page color center folds in Forbes and Fortune claiming they had perfected fusion and showing the prototypes. We should have been done with fossil fuels in the 20s or at least by the 50s. But that apparently didn't fit with the inequality regime's enslavement picture. We had Trump come in and say the energy sector is in shambles. He didn't say the obsolete energy rent seeking scam that needs to be replaced immediately is in shambles. Green energy is essentially free energy from a rent seeking perspective. In the past when slavers have had reductions in their influence and power over slavery scams they have sought and idiotically received compensation from everyone else including the former slaves (US Civil was an exception,) but that idiotcy must not happen this time, what needs to happen is retribution in the form of complete retroactive corrected distribution accompanied by incarceration because these parasites have been paid off millions of times over for what since the 50s should have just generated non dischargeable personal debt and incarceration in the first place.

    Its kind of curious that in the midst of a glut, an obvious permanent glut, fossil fuel production is not ceasing but consumption has been curtailed by stay at home orders. I think that part of what is going on with CV shelter in place is to see how fact we can get climate repair as a prelude to rapidly junking fossil fuels. Scams run their course and that is the case with fossil fuels and now they are trying to measure how quick to they do clean up to mitigate fall out against the perpetrators. This feels as real as the pentagon recommended boarder wall building due to climate change instability. There is the possibility that the fossil fuel slavers (this is the cotton picking south all over again) have been given their compensation across two GOP fossil fuel regimes, if so that all needs to be taken back because they can't be compensated for no contribution in the first place- taking what is in those tax evasion havens is a start.

    One thing we're going to need to get away from the corruption of sponsored legislatures and sponsored supreme courts and sponsored executives is an unsponsored uncaptured media. The robber barrons captured about 25% of the media back at the time time of the great depression by messing with their boards and ownership structures and since then we've seen consolidation to the point that the useless fossil fuel industry owns the so called main stream media. That has to end. Can't have sponsored media.
     

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