[Rhodes22-list] Since you've decided to take the gloves off fine

Brad Haslett flybrad at gmail.com
Mon Jun 16 22:15:28 EDT 2008


John,

Shot a blank there buddy!

Brad

On Mon, Jun 16, 2008 at 9:06 PM, John Shulick <jsbudda at verizon.net> wrote:

>
>
>
> Brad Haslett-2 wrote:
> >
> > John,
> >
> > OK, here's a solution, let's just take all those public lands off the
> > market
> > like President Clinton did with the 1.7 million acres of coal that are no
> > longer available in Utah.  Happy now?
> >
> > As for Enron and accounting, some of my fellow undergrad accounting
> > students
> > got caught in that scandal and got burned for no fault of their own
> > because
> > they worked for Arther Anderson.. When something seems to good to be
> true,
> > it probably is.   Most of the Anderson people landed on their feet
> because
> > the world never can find enough "realistic" accountants.
> >
> > As far as people "pissing down your back", I'm guessing that you think
> > some
> > 'gubment' 'a-whole' has more "skin in the game" and is more honest than
> > someone in the private sector. I'll go out on a limb here and bet you
> > didn't
> > lose one dime on Enron.
> >
> > I've got a whole library on Chairman Mao - you're welcome to a meal at my
> > house and listen to some folks who went through the Cultural Revolution
> > about the dangers of "I'm here from the government and I'm going to help
> > you".  What makes people think that 'gubment' bullshit smells less worse
> > than corporate bullshit.  There's no magic bullet out there that will
> > protect you from ignorance.
> >
> > Think!
> >
> > Brad
> >
> >
> >
> > On Mon, Jun 16, 2008 at 10:38 AM, John Shulick <jsbudda at verizon.net>
> > wrote:
> >
> >>
> >>
> >>
> >> John,
> >>
> >> We keep hearing about those "subsidies" to Big Oil but no one seems to
> be
> >> able to find them in the tax code. As I sit here, I'm staring at a whole
> >> shelf of books on oil & gas accounting and I sure as hell can't find
> >> them,
> >> unless 'they' are referring to the immediate write-offs associated with
> >> bringing a well on line (don't ask how I know the tax rules for "dry
> >> holes").  The idea of subsidies for Big Oil is a myth.  In fact, the
> >> whole
> >> idea of Big Oil is a myth.  Exxon/Mobil, the largest of the American oil
> >> companies, is number 14 on the list worldwide, and the top five American
> >> oil
> >> companies control only 6% of the worlds reserves.  As for their "excess
> >> profits", their net return is less than 10% versus some software
> >> companies
> >> with returns of around 25%.  If some dumbass in Congress (let me restate
> >> that) if any single dumbass among the majority in Congress wants to go
> >> hunting for an "excess profits" target, it wouldn't be an oil company.
> >> As
> >> to your numbers regarding donations, I don't have time to check them but
> >> they sound about right.  The Dems have voted about 80% of the time
> >> against
> >> drilling on US land and sea so who do you think the oil companies would
> >> support.  What we are suffering from right now with gas prices is
> >> Economics
> >> 101, which explains why the majority in Congress don't "get it".  They
> >> either didn't study economics, they don't understand economics, or deep
> >> down
> >> they really don't like capitalism.
> >>
> >> Brad
> >>
> >> Brad
> >>
> >>      What price did those companies pay for access to public lands (I
> >> believe the phrase is drilling leases) verses the value of the product
> >> they
> >> produce? If that doesn't qualify as a subsidy I'll buy that bridge in
> >> Iraq
> >> you're selling. When I bought my house, the minerals under it had been
> >> given
> >> away 150 or so years ago for pennies and should the owners of those
> >> rights
> >> decide to they can destroy may home to get to them and all I can do is
> >> accept what THEY decide is a fair market value. As for the rules of
> >> accounting all I have to say is "Enron". It may not be the case for you
> >> in
> >> your life experiences but for me "Trickle down economics" means some
> rich
> >> s.o.b. is urinating down my back and then telling me
> >> its raining.
> >>
> >> John Shulick
> >> --
> >> View this message in context:
> >> http://www.nabble.com/Fuel-Question-tp17858444p17867020.html
> >> Sent from the Rhodes 22 mailing list archive at Nabble.com.
> >>
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>
> --
> View this message in context:
> http://www.nabble.com/Fuel-Question-tp17858444p17876706.html
> Sent from the Rhodes 22 mailing list archive at Nabble.com.
>
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