Boortz's Big Oil Rant
Originally Posted by Tumba
Also when production goes up gost of goods go down.
Originally Posted by BennyHanna
Actually I understand economics very well, I have a minor in it.
These people that are making the royalties, how many do you think still drive the same cars? How many still live in the same houses? Still work the same jobs? I'd say none of them. They are spending their money.
Granted, they aren't spending it all. But go look at the housing markets around there. Go look at the local economies there. They are absolutely thriving.
And for the record, yes I am dumb enough to believe they are giving it to the oil companies. They only get a small portion, and rightly so. They put up nothing, no money and no risk. Yet they get paid handsomely for it. But the company that puts the risk and money in still takes the largest share.
As 4th generation oil worker and a current petroleum engineering student I'd venture to say I probably know a little more about the oil industry's economic contributions than you do.
These people that are making the royalties, how many do you think still drive the same cars? How many still live in the same houses? Still work the same jobs? I'd say none of them. They are spending their money.
Granted, they aren't spending it all. But go look at the housing markets around there. Go look at the local economies there. They are absolutely thriving.
And for the record, yes I am dumb enough to believe they are giving it to the oil companies. They only get a small portion, and rightly so. They put up nothing, no money and no risk. Yet they get paid handsomely for it. But the company that puts the risk and money in still takes the largest share.
As 4th generation oil worker and a current petroleum engineering student I'd venture to say I probably know a little more about the oil industry's economic contributions than you do.
TAG!! your turn
Originally Posted by BennyHanna
Actually I understand economics very well, I have a minor in it.
These people that are making the royalties, how many do you think still drive the same cars? How many still live in the same houses? Still work the same jobs? I'd say none of them. They are spending their money.
Granted, they aren't spending it all. But go look at the housing markets around there. Go look at the local economies there. They are absolutely thriving.
And for the record, yes I am dumb enough to believe they are giving it to the oil companies. They only get a small portion, and rightly so. They put up nothing, no money and no risk. Yet they get paid handsomely for it. But the company that puts the risk and money in still takes the largest share.
As 4th generation oil worker and a current petroleum engineering student I'd venture to say I probably know a little more about the oil industry's economic contributions than you do.
These people that are making the royalties, how many do you think still drive the same cars? How many still live in the same houses? Still work the same jobs? I'd say none of them. They are spending their money.
Granted, they aren't spending it all. But go look at the housing markets around there. Go look at the local economies there. They are absolutely thriving.
And for the record, yes I am dumb enough to believe they are giving it to the oil companies. They only get a small portion, and rightly so. They put up nothing, no money and no risk. Yet they get paid handsomely for it. But the company that puts the risk and money in still takes the largest share.
As 4th generation oil worker and a current petroleum engineering student I'd venture to say I probably know a little more about the oil industry's economic contributions than you do.
Yes the local economies are thriveing in that area, how about investing in the future and not in the present. The free market economy.
What do you think our founding fathers gave up for the people of this land, I think you may say not much. Buying nice things with that money helps, but if it where invested in the future,,,, never mind it's early and the coffee isn't ready yet.
I would think 4 generations of roughnecking might understand what investing in the future means.
So the people that own the oil coming from the ground make no more or no less money when the price of the oil changes? Is that the statement you just made. I just want to clarify if that is what you believe.
Have you ever heard of Murphy Oil?
THey have made a great investment in the ElDorado Arkansas economy.
They Arabians are useing the money [royalties] to rid the earth of infidells.
While the people of their land live as peasants. This country is a few steps above that mentality, If a billion dollars were put in your account ,{face it ,you couldn't spend that much money} Would you be a humanitarian or would you spend all your money on yourself? What do you need the money for ? a few million would get you all you wanted for the rest of your life. and keep your family well cared for for generations. What is the rest of the money going to be used for?
If you need it all for yourself you will never understand what humanitarian means!
Chris TAG, do you feel you are in an arguement to win something.
Tag I don't ask anyone for help.
His discusuion is not the same as yours.
THey have made a great investment in the ElDorado Arkansas economy.
They Arabians are useing the money [royalties] to rid the earth of infidells.
While the people of their land live as peasants. This country is a few steps above that mentality, If a billion dollars were put in your account ,{face it ,you couldn't spend that much money} Would you be a humanitarian or would you spend all your money on yourself? What do you need the money for ? a few million would get you all you wanted for the rest of your life. and keep your family well cared for for generations. What is the rest of the money going to be used for?
If you need it all for yourself you will never understand what humanitarian means!
Chris TAG, do you feel you are in an arguement to win something.
Tag I don't ask anyone for help.
His discusuion is not the same as yours.
Originally Posted by Tumba
Have you ever heard of Murphy Oil?
THey have made a great investment in the ElDorado Arkansas economy.
They Arabians are useing the money [royalties] to rid the earth of infidells.
While the people of their land live as peasants. This country is a few steps above that mentality, If a billion dollars were put in your account ,{face it ,you couldn't spend that much money} Would you be a humanitarian or would you spend all your money on yourself? What do you need the money for ? a few million would get you all you wanted for the rest of your life. and keep your family well cared for for generations. What is the rest of the money going to be used for?
If you need it all for yourself you will never understand what humanitarian means!
Chris TAG, do you feel you are in an arguement to win something.
Tag I don't ask anyone for help.
His discusuion is not the same as yours.
THey have made a great investment in the ElDorado Arkansas economy.
They Arabians are useing the money [royalties] to rid the earth of infidells.
While the people of their land live as peasants. This country is a few steps above that mentality, If a billion dollars were put in your account ,{face it ,you couldn't spend that much money} Would you be a humanitarian or would you spend all your money on yourself? What do you need the money for ? a few million would get you all you wanted for the rest of your life. and keep your family well cared for for generations. What is the rest of the money going to be used for?
If you need it all for yourself you will never understand what humanitarian means!
Chris TAG, do you feel you are in an arguement to win something.
Tag I don't ask anyone for help.
His discusuion is not the same as yours.
Do you realize that if I put my money away to save for my families well being for generations like you say, that when obama or billery gets in office, they will push for the capital gains tax to be 39%? I would have to put ALL my money away for any future family to benifit after the government takes MY money!
Originally Posted by chris1450
Lighten up dude.. just making a funny. Dang, socialists are SOOOO touchy. Your pie in the sky isn't realistic.. So you want the government to make it so? That isn't right. It is the same discussion, from a different direction. The only way the government should get involved is with incentives. You can't tax a company into doing things. The cost is always put on the consumer that way. And gasoline prices are already quite high... why would we want it higher? You would really hate the company I work for. Our wage scale is at the very bottom of the industry standard. Yet he made 24% net profit last year, out of 21 million gross sales. We have to pay about $225 a month out of our pocket for health insurance. I am quite sure he doesn't give back to the economy in the way you like.. he doesn't belong to habitat for humanity, but I garantee any money he donates is tax deductable. It is HIS business and he can run it like he wants.
Do you realize that if I put my money away to save for my families well being for generations like you say, that when obama or billery gets in office, they will push for the capital gains tax to be 39%? I would have to put ALL my money away for any future family to benifit after the government takes MY money!
Do you realize that if I put my money away to save for my families well being for generations like you say, that when obama or billery gets in office, they will push for the capital gains tax to be 39%? I would have to put ALL my money away for any future family to benifit after the government takes MY money!
consider it lightend up
Things are as they are, but damn one opinion can make people crazy huh!
Its cool, But yes i'm a humanitarian and donate to much, and at times it goes into the wrong pockets. I am making sure my children are getting their education and learnig foreign languages, because the future here in this country appears to be headed into a strictly service oriented society.
In other words my children will be working in other counntries because of lack of investment at home. I just wish in the future i'll be able to visit them without needing my passport. 90% of the jobs here will be socialized by the requirement of minimum wage. So plan for your children. With the attitude that the economy is booming today. Without the investment of the revenue generated by the natural resources, we'll all belong to someone else.
I'll lighten up now with that said.
Have a great life
Originally Posted by Tumba
consider it lightend up
Things are as they are, but damn one opinion can make people crazy huh!
Its cool, But yes i'm a humanitarian and donate to much, and at times it goes into the wrong pockets. I am making sure my children are getting their education and learnig foreign languages, because the future here in this country appears to be headed into a strictly service oriented society.
In other words my children will be working in other counntries because of lack of investment at home. I just wish in the future i'll be able to visit them without needing my passport. 90% of the jobs here will be socialized by the requirement of minimum wage. So plan for your children. With the attitude that the economy is booming today. Without the investment of the revenue generated by the natural resources, we'll all belong to someone else.
I'll lighten up now with that said.
Have a great life
Things are as they are, but damn one opinion can make people crazy huh!
Its cool, But yes i'm a humanitarian and donate to much, and at times it goes into the wrong pockets. I am making sure my children are getting their education and learnig foreign languages, because the future here in this country appears to be headed into a strictly service oriented society.
In other words my children will be working in other counntries because of lack of investment at home. I just wish in the future i'll be able to visit them without needing my passport. 90% of the jobs here will be socialized by the requirement of minimum wage. So plan for your children. With the attitude that the economy is booming today. Without the investment of the revenue generated by the natural resources, we'll all belong to someone else.
I'll lighten up now with that said.
Have a great life

Originally Posted by chris1450
Your planning for inevidable defeat...your thinking ahead. Something to be said for that... But I refuse to give up, and I will go down fighting for the AMERICAN way. It does matter who you vote for. Your way of thinking is what most of America thought in the carter years. We survived and revived.. we will do it again.
YOu da man!
This problem started before Carter. When I was in his Army i thought he was a whimp, It turns out he is not the whimp the elephants made him out to be!
That is a statement i thought I would never make.
I sometimes scare myself.
Do you remember the contra's they were supported by the republicans just to help get Ronnie in office, And Ronnie was my hero. But as history unfolds things are not as they appeared.
Originally Posted by Tumba
YOu da man!
This problem started before Carter. When I was in his Army i thought he was a whimp, It turns out he is not the whimp the elephants made him out to be!
That is a statement i thought I would never make.
I sometimes scare myself.
Do you remember the contra's they were supported by the republicans just to help get Ronnie in office, And Ronnie was my hero. But as history unfolds things are not as they appeared.
This problem started before Carter. When I was in his Army i thought he was a whimp, It turns out he is not the whimp the elephants made him out to be!
That is a statement i thought I would never make.
I sometimes scare myself.
Do you remember the contra's they were supported by the republicans just to help get Ronnie in office, And Ronnie was my hero. But as history unfolds things are not as they appeared.

Carter's still a wimp.
And I guess I have to agree!!
The man that let his enemies in politics run the CIA.
No foreign policy training.
Thats why Obama and Clinton scare me.
But then Bush as the idiot he is,
Damn I guess I just want to Rant today.
I'll try to end it here.
Whats new for everyone here today.
I've been limeing and fertilizing in between my rants today.
Maybe I got it all out of my system and get lucky today.!!

The first time this year on my ole snapper ztr. I've had it for about 6 years now, and my wife gets jellous of it. :lol
The man that let his enemies in politics run the CIA.
No foreign policy training.
Thats why Obama and Clinton scare me.
But then Bush as the idiot he is,
Damn I guess I just want to Rant today.
I'll try to end it here.
Whats new for everyone here today.
I've been limeing and fertilizing in between my rants today.
Maybe I got it all out of my system and get lucky today.!!

The first time this year on my ole snapper ztr. I've had it for about 6 years now, and my wife gets jellous of it. :lol
Last edited by Tumba; Apr 6, 2008 at 01:49 PM.
Originally Posted by glc
Carter is morally and ethically a fine gentleman. He did not have the backbone needed to be an effective national leader.
Sorry, I disagree with that statement with every fiber of my being. He is the worst of the worst. He sold America down the river and told us to our face that we better get used to us suffering. He makes me sick! He should be brought up on treason charges. He has no morals.







