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Penn West Petroleum Ltd. Message Board

  • mojoslings mojoslings Jan 13, 2014 7:51 PM Flag

    Keystone XL approval before November?

    You know, before midterm elections in an effort to mitigate the ACA debacle and a swing to the right.

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    • What a stupid comment. LOL.

      • 2 Replies to bighairybutt
      • ador@rogers.com ador Jan 14, 2014 7:35 PM Flag

        What's going to be stupid is when you get your bighairybutt waxed and you realize it hurts.

      • Let's review some facts, shall we?

        • Obama's approval rating recently hit an all-time low of 41% in December with 51% directly disapproving of his performance.
        • Obama's approval rating among independent voters has fallen to 31%.
        • According to pollsters, Obama's drop in approval rating was directly related to the failed rollout of the Affordable Care Act.
        • Political pundits expect the GOP to maintain a majority in the House and to pick up seats in the Senate.
        • OBVIOUSLY, the GOP are going to use the ACA failure against their DNC rivals in the upcoming midterm elections.
        • The U.S. economy added a dismal 74,000 new jobs last month. That's a troubling low number for December when seasonal hiring for the holidays is usually higher.
        • U.S. labor participation is at 35 year lows. A record 91.8 million Americans who would like have a job can't find one and have given up looking. Even though many of the jobs created by Keystone XL construction would be temporary, I don't think there would be a shortage of applicants. A two year contract earning a living wage probably sounds pretty good to a lot of unemployed construction workers right about now. And those would be two year contracts the Democrats could ride right into the 2016 presidential elections.
        • According to Gallup, 57% of American adults, including 51% of independents, favored building the Keystone XL pipeline in 2012. HOWEVER, the number of adults who favor it in the midwest and south are 68% and 61%. I would not be surprised if those numbers were higher in the wake of this "jobless recovery". Now go take a look at the states where the 14 vulnerable senate seats are.

        continued...

    • smart_like_a_pwe_investor smart_like_a_pwe_investor Jan 14, 2014 7:11 AM Flag

      Your take on political matters is about on par with your take on investing. First, 99.99% of voters don't know and don't care about XL. Second, the average US sheep have a memory span of about 5 minutes. ACA, debacle or not, will be ancient history by elections. Third, what "swing to the right"? The shift is to the LEFT, or haven't you been reading the RNC reports and detected the note of panic?

 
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