Still waiting for you to name specifics. What I got out of your post is that Musk makes too much money. Is that your beef? As to living wages - as I tell my classes - it’s pretty simple - if you want to be wealthy, look at what wealthy people do and copy. Look at what people in poverty do, and avoid.
Musk making a power move to free Twitter
- Thread starter Belldozer1
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So, like I said, you are upset because he makes a lot of money. I'm not really sure what Elon Musk has to do with the minimum wage in Texas? You should be worried about that crooked ass president you voted for. There's more corruption involved with his name than any other political figure in the history of this country.
Hope all is well. I'm not, nor was I jumping on you. Just genuinely curious. Prayers my man!!!
This isn't the case Cali-- and please let me explain to you why.
Have you ever heard the term "flyover country"? I'm sure you have. It's an insult used by coastal elites to describe anyone living between California and the eastern sea board. It was THE original "you guys are a bunch of knuckle dragging cave men with nothing to offer us elites" insult.
Now I ask you, if you continue treating the people in "fly over country" -- the people that grow your crops and raise your meat bearing animals-- if you continue treating these people like they are "lesser" do you think after a few decades of this that these people would eventually push back?
Well-- here it is. Rednecks didn't coin the term "redneck"...... Yankees did. The elites used that term to speak in a derogatory manner about men that worked outside all day, and had sunburns on the backs of their neck. And unlike the black community and the names they were called, rednecks EMBRACED the term because it was a source of pride to be a hard worker.
Fast forward through the years and realize that "flyover country redneck hillbilly knuckle dragging basket of deplorables clinging to their guns and bibles" have decided that coastal elites can fvck right off-- and guess what? Coastal elites don't like being told to fvck off.
So what do they do in response? Instead of saying "OK middle America people, we are sorry for looking down at you. We are sorry for making you seem like you are 'lesser' because you don't have Broadway shows, hummus, movie stars, and sushi"---- nope-- the coastal elites doubled down. In their dialogue, we became racists, and bigots, and misogynistic, and homophobics, and the list goes on and on. All because coastal elites believe they are ABOVE those of us that keep their power on, gas in their car, food on their plate-- but WE are the lesser in their eyes.
Now I ask you-- if there's some attitude on this board (and in this country) about people being treated as "inferior"-- maybe you now have a better idea why-- and honestly, can you blame them?
You can only kick a dog so many times before that dog eventually bites you. The coastal elites have been kicking us for decades and now you act surprised when we finally bite?
"The economic effects of minimum wage legislation have been analyzed in numerous statistical studies.[44] While there is a debate over the magnitude of the effects, the weight of research by academic scholars points to the conclusion that unemployment for some population groups is directly related to legal minimum wages and that the unemployment effects of the minimum wage law are felt disproportionately by nonwhites."
Walter Williams
I think you and I are taking about different things.
Walter Williams was an apologist for trickle down economics.
Apologist? I hope he was a promoter - the 1980's was a decade of prosperity! Have a happy Good Friday and Easter Cali!
It's impossible to discuss anything with someone that is a subject matter expert in every topic he discusses.
I sited a nationally recognize economist and as usual, you have referred to people without providing any concrete support.
You can’t argue with someone who does not listen to facts/reason and bases all opinions on emotion.
The amount of people in Texas that earn minimum wage is a very small percent. I think it is less than 1% if you remove service industry that earn there income from tips. I can’t remember the last we hired anybody at $7.25. All this seems to work without a feel good law making a business pay a certain amount.
I mean Elon Musk just live up to the ethical standards of Jeff Bezos, Mark Zuckerberg, and Jack Dorsey.🙄
This man says this perfectly about Elon Musk
I base opinions on emotions and don't listen to facts or reasons? I read opinions on here all the time take a look in the mirror. When it comes to political or social opinions everyone is emotional including me.
There might be sumthin wrong with yer mirror. Just sayin
You have 2 options for 2024, Trump or DeSantis, who you getting behind because there won't be a Dem anywhere on the ballot. I'm leaning towards DeSantis right now because his nutz are just swinging left to right when he walks but if Orangeman decides to wreck shop on the Dems I'm fine with that too.
I try to understand cali and his logic, but I can't comprehend where he's coming from. I literally shake my head in disbelief how he and those of his mindset can rationalize most things that are going on in the country and world today. Any sane American, Democrat or Republican, can see how much better off this country was when Trump was in office. To argue that is just plain idiocracy.
Ok @clob94 you and I have never gone after each other and I appreciate that. You're in the oil and gas business and everyone is upset about the price of gas.
This man has strong opinions about big oil. I want to hear from you from where you disagree with me.
This morning I filled my car with gas, costing almost six dollars a gallon. My car is a Mini Cooper I bought years ago, partly because it wasn’t a gas-guzzler. Now it’s guzzling dollars.
Putin and Trump have convinced me: I was wrong about the 21st century | Robert Rei
When I consider what’s happening in Ukraine, I say what the hell. It’s a small sacrifice
Yet guess who’s making no sacrifice at all – in fact, who’s reaping a giant windfall from this crisi
Big oil has hit a gusher. Even before Vladimir Putin’s war, oil prices had begun to rise due to the recovery in global demand and tight inventorie
Last year, when Americans were already struggling to pay their heating bills and fill up their gas tanks, the biggest oil companies (Shell, Chevron, BP, and Exxon) posted profits totaling $75bn. This year, courtesy of Putin, big oil is on the way to a far bigger bonan
How are the oil companies using this windfall? I can assure you they’re not investing in renewables. They’re not even increasing oil productio
As Chevron’s top executive, Mike Wirth, said in September, “We could afford to invest more” but “the equity market is not sending a signal that says they think we ought to be doing that
Translated: Wall Street says the way to maximize profits is to limit supply and push up prices instea
So they’re buying back their own stock in order to give their stock prices even more of a boost. Last year they spent $38bn on stock buybacks – their biggest buyback spending spree since 2008. This year, thanks largely to Putin, the oil giants are planning to buy back at least $22bn mor
Republicans will balk at any tax increase on big oil, of cour
Make no mistake. This is a direct redistribution from consumers who are paying through the nose at the gas pump to big oil’s investors and top executives (whose compensation packages are larded with shares of stock and stock options)
Though it’s seldom discussed in the media, lower-income earners and their families bear the brunt of the burden of higher gas prices. Not only are lower-income people less likely to be able to work from home, they’re also more likely to commute for longer distances between work and home in order to afford less expensive housin
Big oil companies could absorb the higher costs of crude oil. The reason they’re not is because they’re so big they don’t have to. They don’t worry about losing market share to competitors. So they’re passing on the higher costs to consumers in the form of higher prices, and pocketing record profit
It’s the same old story in this country: when crisis strikes, the poor and working class are on the frontlines while the biggest corporations and their investors and top brass rake it i
What to do? Hit big oil with a windfall profits ta
The European Union recently advised its members to seek a windfall profits tax on oil companies taking advantage of this very grave emergency to raise their price
Democrats just introduced similar legislation here in the US. The bill would tax the largest oil companies, which are recording their biggest profits in years, and use the money to provide quarterly checks to Americans facing sticker shock as inflation continues to soa
It would require oil companies producing or importing at least 300,000 barrels of oil per day to pay a per-barrel tax equal to half the difference between the current price of a barrel and the average price from the years 2015 to 201
This is hardly confiscatory. Those were years when energy companies were already recording large profits. Quarterly rebates to consumers would phase out for individuals earning more than $75,000 or couples earning $150,00
Republicans will balk at any tax increase on big oil, of course. They and the coal-industry senator Joe Manchin even tanked the nomination of Sarah Bloom Raskin to the Fed because she had the temerity to speak out about the systemic risks that climate change poses to our econom
But a windfall profits tax on big oil is exactly what Democrats must do to help average working people through this fuel crisis. It’s good policy, it’s good politics and it’s the right thing to d
Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.c
This morning I filled my car with gas, costing almost six dollars a gallon. My car is a Mini Cooper I bought years ago, partly because it wasn’t a gas-guzzler. Now it’s guzzling dollars
Putin and Trump have convinced me: I was wrong about the 21st century | Robert Rei
When I consider what’s happening in Ukraine, I say what the hell. It’s a small sacrifice
Yet guess who’s making no sacrifice at all – in fact, who’s reaping a giant windfall from this crisi
Big oil has hit a gusher. Even before Vladimir Putin’s war, oil prices had begun to rise due to the recovery in global demand and tight inventorie
Last year, when Americans were already struggling to pay their heating bills and fill up their gas tanks, the biggest oil companies (Shell, Chevron, BP, and Exxon) posted profits totaling $75bn. This year, courtesy of Putin, big oil is on the way to a far bigger bonan
How are the oil companies using this windfall? I can assure you they’re not investing in renewables. They’re not even increasing oil productio
As Chevron’s top executive, Mike Wirth, said in September, “We could afford to invest more” but “the equity market is not sending a signal that says they think we ought to be doing that
Translated: Wall Street says the way to maximize profits is to limit supply and push up prices instea
So they’re buying back their own stock in order to give their stock prices even more of a boost. Last year they spent $38bn on stock buybacks – their biggest buyback spending spree since 2008. This year, thanks largely to Putin, the oil giants are planning to buy back at least $22bn mor
Republicans will balk at any tax increase on big oil, of cour
Make no mistake. This is a direct redistribution from consumers who are paying through the nose at the gas pump to big oil’s investors and top executives (whose compensation packages are larded with shares of stock and stock options)
Though it’s seldom discussed in the media, lower-income earners and their families bear the brunt of the burden of higher gas prices. Not only are lower-income people less likely to be able to work from home, they’re also more likely to commute for longer distances between work and home in order to afford less expensive housin
Big oil companies could absorb the higher costs of crude oil. The reason they’re not is because they’re so big they don’t have to. They don’t worry about losing market share to competitors. So they’re passing on the higher costs to consumers in the form of higher prices, and pocketing record profit
It’s the same old story in this country: when crisis strikes, the poor and working class are on the frontlines while the biggest corporations and their investors and top brass rake it i
What to do? Hit big oil with a windfall profits ta
The European Union recently advised its members to seek a windfall profits tax on oil companies taking advantage of this very grave emergency to raise their price
Democrats just introduced similar legislation here in the US. The bill would tax the largest oil companies, which are recording their biggest profits in years, and use the money to provide quarterly checks to Americans facing sticker shock as inflation continues to soa
It would require oil companies producing or importing at least 300,000 barrels of oil per day to pay a per-barrel tax equal to half the difference between the current price of a barrel and the average price from the years 2015 to 201
This is hardly confiscatory. Those were years when energy companies were already recording large profits. Quarterly rebates to consumers would phase out for individuals earning more than $75,000 or couples earning $150,00
Republicans will balk at any tax increase on big oil, of course. They and the coal-industry senator Joe Manchin even tanked the nomination of Sarah Bloom Raskin to the Fed because she had the temerity to speak out about the systemic risks that climate change poses to our econom
But a windfall profits tax on big oil is exactly what Democrats must do to help average working people through this fuel crisis. It’s good policy, it’s good politics and it’s the right thing to d
Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.c
omo.y.0.9.r.s.x.n.s.g..see.d..”n.za.s.s?.ch.omo.y.0.9.r.s.x.n.s.g..see.d..”n.za.s.s?.ch newsletter is at robertreich.substack.com
If you want to lower gas prices and the profit margins for big oil companies all you have to do is open up more production in the USA. Democrats refuse to increase oil production here where it’s more abundant and cleaner. Instead, we’re now importing most of our oil and gas which is more expensive and from countries that are controlled by evil regimes like Iran and Venezuela. I’ll never understand why Democrats are so opposed to maximizing oil production in the USA.
How much of your “article” is yours, and how much is cut ’n’ paste? Just curious. 🤔
I read this article thoroughly, more than once I understand it very well. So I'm asking a man in the oil business his thoughts on it.
I'm sure you base your opinions on what you've read as well. Now go back read the article and tell me what you actually think and then we can talk if you want.
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Actually the Biden administration has opened up the country for more oil production your sources are keeping facts like this away from you.
Belldozer here's another another man running for POTUS.
Your very own governor how proud you must be and your Secretary of Agriculture is pissed. Do any of you guys care at all?
Why leave out a windfall profits tax on Big Pharma?
What does the unsuccessful nomination of radical Raskin have to do with a proposed windfall profits tax? Apparently, Obama, Biden, and Pelosi aren't too concerned about "climate change" since they own multi-million dollar ocean-front estates.
Cali, the Chevron's, Exxon's, Valero's, etc. are businesses. They're in it to make a profit. It's no different than any other business. Reading through what you're saying, you think that they should absorb the rising cost of crude oil and reduce their profits? That's not a smart business model, and any company president who would do such a thing would be fired. I'm sure that you won't agree, but there isn't anything wrong with fossil fuel.
You may or may not be aware, but so many products that are produced are petroleum based. We can't just turn off the spigot on oil. This is common sense 101, and something that Democrats can't seem to comprehend. Not to mention how moving away from fossil fuels would cripple the world's economy and eliminate hundreds of thousands of jobs. Democrats don't see the long-term ramifications of their fairy tale agenda of a zero-carbon footprint. They think that the world is going to end because of global warming caused by industrialism. This is another in the long list of reasons why these liberal whack jobs need to be voted out!
You may or may not be aware, but so many products that are produced are petroleum based. We can't just turn off the spigot on oil. This is common sense 101, and something that Democrats can't seem to comprehend. Not to mention how moving away from fossil fuels would cripple the world's economy and eliminate hundreds of thousands of jobs. Democrats don't see the long-term ramifications of their fairy tale agenda of a zero-carbon footprint. They think that the world is going to end because of global warming caused by industrialism. This is another in the long list of reasons why these liberal whack jobs need to be voted out!
Cali,
I truly appreciate the conversation and I promise to address it fully and with respect tomorrow. I have literally just landed back in SA from Atlanta, but I promise after I awake tomorrow, have my breakfast and a solid poop, I will go through at length each and every of your valid points.
You have my word.
That’s just simply not true at all Cali. If the supply of oil is increasing in the USA as you claim, how do you explain the runaway inflation for gasoline? How do you explain our increasing dependence on foreign oil sources? How do you explain why Biden and the Dems tapped into our strategic oil reserves? If we apply some basic logic and economics it’s obvious the Democratic talking points don’t add up on this issue. Oil companies are generally making the same profits now as they were when oil was at $20 a barrel.
I have 2 answers for you and you’ve done everything to avoid confronting both of them. Imo the blame lies solely on Biden and Covid hoax shenanigans, shutdowns etc. It doesn’t get anymore cut and dried than that. Has nothing to do with Putin, those are facts. Putin and Beau Biden are crutches of convenience for Dildo Joe.Covid hoax absolutely changed the oil industry. -$37 oil? Really
Democrat playbook 101 - when getting your a** kicked, change the topic. How did we go from Musk to Big Oil? Coming right up afterward when the oil debate is lost will be the personal attacks - you know, racist, homophobe, etc. predictable.
Where was Cali when oil was NEGATIVE $30/barrell? You do know Exxon’s revenue from 2019-2020-2021 went from $264b to $181b to $285b? Should we bail out in 2020? I wonder what is behind Exxon’s cutting research from $36b to $16b?
Where was Cali when oil was NEGATIVE $30/barrell? You do know Exxon’s revenue from 2019-2020-2021 went from $264b to $181b to $285b? Should we bail out in 2020? I wonder what is behind Exxon’s cutting research from $36b to $16b?
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I want a nasty mf’er in office and so do 75% of the American public. You may want to look around, you and your ideology are in the minority. It took 911 for a lot of Dems to wake up but once the dust settled they went back to their shitty ways, fortunately Biden is the new 911 and alot of Dems are scared to death of what he’s doing to this country. You better nut up and get on board or you’re going to be one depressed individual for the foreseeable future.
you double posted
Cali-- if you click on your statement above, I have addressed your statements in bold.
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Opened it more than who or what? I’m in the business too and don’t agree at all. 3 years ago we were drilling wells @$65 oil that we aren’t drilling now @$100 oil. You tell me Biden and the Covid hoax reset didn’t alter energy economics forever. I see it first hand daily.
We haven’t even begun to see true inflation. Look how Biden just keeps burying America in debt and obligations. Who is paying for all these illegals he continues to ship in?
https://www.dailymail.co.uk/news/ar...charter-flights-migrants-Southern-border.html
https://www.dailymail.co.uk/news/ar...charter-flights-migrants-Southern-border.html
