Now now Corny Stag Opie,
The future is not defined by dwelling in the delusions of the past.
The question is what can and should America do now to escape this depressing and dreary Progressive time. When all of America is dragged into the dim, dark and dank Denisova Cave with Jon Stewart.
Some solutions are simple. Natural gas in and the insane corn ethanol out.
Marginal corporate tax rates must be rationalized to reflect we are losing major corporations to other countries.
The unscience mandates of localized gasoline blends to create a captive Progressive industry in refining needs to be reformed.
The best way to avoid getting tied up with crazy people is energy self sufficiency. Lower cost food with dependable stable pricing.
The crazy Progressive collectivists around the world only respect power. All power begins with out economy.
These simple and indeed legally required changes in policy are likely enough to setoff a real recovery.
The Progressive collectivist who control the Democratic Party and the old bulls like Grassley need a time out. They deserve a public tar and feathering. I mean Reid and PelsoI along with Grassley and his corn ethanol pimping.
I love the way the lunar South African spelling comes and goes! ;)
The antics driven by angst and tantrum are excellent today!
Yep, rational investing is based on IFs for no person knows the future.
Which is why the Graham and Dodd style which Munger and Buffett used is the only strategy which is scientifically proven to beat the market. Not every year as sometimes markets are indeed group think irrational.
Given enough time the rails would come back. They have a competitive advantage which trucks can not over come. Obama did abuse his power and the law to effectively outlaw coal. Something expressly against the clean air law itself. The EPA has no authority over CO2 simply because it was not even a glimmer in the deceptive brain of a Progressive collectivist yet. Plus, they can only impose economically viable technology.
Yea, it is a problem the Progressives have backed our courts with people who do not believe in something greater than self. the rule of law based on the religion of political power or worshipping men.
Hopefully these generations indoctrinated in the fundamental material nihilism or irrationalism have learned a lesion. As Washington warned, if judges do not believe in something greater than themselves in their oaths, what security to the people have? The answer is none as we see.
IRS, EPA, Nuclear, Justice on to every bureaucracy. Obama is rule by whim of men rather than law.
It does not work and always fails. The only question is the time required to reach failure or correction before failure.
America has always learned our lesion before. BUt then we were a more virtuous people in our glaring imperfections.
After all his time spanning centuries poor Jon is stuck in his ways. He provides bread and spectacle. In return he gets to be a secular demi-god of the clan.
But maybe his audience will have a burst of awareness and turn on Fox Business and the associated news channel. Maybe even get the student rate on the WSJ and read.
Yes, some significant number will be lost to time and Denisovan shows on the smart phone. But then the Denisovans are always here.
The Progressives have turned our public schools into fundamentalist secular nihilism.
Nothing greater than self. Civilized is defined as accepting the political elite's right to take back for themselves with crumbs from the table to buy votes.
America is not a dream striving for the shine city on the hill but just Jon Stewart's cave. Bread and spectacle if you do not feel like working or can not find a gainful job.
Yes most American who serve in our military are more than the material nihilist. They believe in things greater than themselves. A true bond to there unit. A code of honor. Real community.
Has these new generations of secular material nihilists learned their lesion about 'activist' government? They demand stuff but otherwise demand to be libertine. The absurd French style social contract of the primitives.
If not for the American oil Providence Obama told Mr. Hamm was completely irrelevant, oil prices would have spike to depression causing levels on the ME instability. Instability which was sparked by not following the RFS Law and cutting the insane ethanol mandates and then exploded into crisis by childish political posing by Obama. The world's bad guys are running riot and our allies are in every person for themselves mode.
OIl prices are lower in America. But the discounts are going into refiner margins. A petty crony capitalist game of localized blends to block free market competition.
Which reminds me of VLO and the massive OLB clown car extravaganza around that one! Very amusing.
Obama has disturbed and made irrational the American energy industry. As all Obama does is irrational political posing, the uncertainty is enough to stall normal market development.
But the next big investment milestone is the mid terms. If Reid can be removed from the power he is so lavishly abusing, the Republicans should be able to achieve so check on Obama's wild excess and abuse of regulatory power.
Oil is not nearly as important here at LINE as Natural Gas and ngls. Do not under estimate how much capacity free ethane can drive if Obama is finally held to his Constitutional sphere and legitimate authority.
Free market rationality will win in the end. Americans are tired. They want real hope and change which only economic growth can deliver.
Now now Corny Stag Monster,
I am no different from any other person. What separates civilized human beings from Jon Stewart's Denisovan is the challenge to be honest and ethical. To strive for an informed opinion which is completely different from poor Ron^3 and Corny Stag trying in flaming delusion to pose as experts or magical beings.
Jon Stewarts primitive and naive 'faith' in Kant's hopelessly emotional and therefore irrational 'positivism' as the solution to the negativity and emptiness of Progressive material nihilism. As we see with the OLB, the resulting emptiness of spirit truly #$%$ human development.
Just like Jon Stewart. Most of his audience matures and begins watch Fox Business and their associated news channel. The first wave actually goes to the Bolder Fresher comedy show featuring the very first Denisovan. Really it is nice to see the O'Cromags and the matured oldest Denisovan working together.
Poor Willie is so stunted he trotted out Daffy Dawkens. A mindless poltroon of philosophy. Whose nasty brutish behaviour has drawn curt snappish behaviour from real students of philosophy. But nothing beyond as Daffy Dawking so childish in his reasoning that any further comment is pointless.
That strange Progressive delusion that a Nobel some how denotes special powers. Bright they maybe but defective character renders them less than productive. That Denisovan cult thing Jon rides.
Anyways, check out Levinas. The necessity of the Judeo-Christian individualism to be a civilized and productive human being contributing to society. No calls on the super natural but rather the wonderful reflected shine of why the necessity proves the necessity.
But really the daily going on for years now Occupy Line Board troop also makes the point in the negative. None has grown in knowledge or wisdom in many years now. The son rises and the troop set out about repeating it's ground hog day. With much pointless sound and fury.
Now Now Corny Stag's OPie,
As the OLB knows full well, I have been very blessed recently. Beyond what I consider my abilities to be.
A big difference is the OLB fluttering mocking. Both rails and MSFT come to mind. They went down and I bought some more. But the OLB was in a great happy frenzy.
The nsc and csx clowning was classic. But my thesis was that coal volumes would base and the massive shipping of oil was not yet in the stocks. Plus both are now great dividend growers.
MSFT had the long delayed capital spending by business for PCs and enterprise software. release of office tools onto other software environments. The Xbox which is having some trouble but still a key platform. Then there is the cloud. Now there is a change away from the Progressive patronage joke of GE 'management' culture and a refocus. The most critical as a catalyst is replacing the Progressive corporate culture for one based on risk taking rather than attempting to play oligopoly in consumer electronics and services. Of course GE culture caused yet another disaster.
Of course there are many other examples of the OLB firing up the clown car to mock. Then going silent. Pretending the behaviour and the results are not known by the olb. The Ron^3 highest function of it is about me and my emotions.
Of course the results are not preordained as the OLB dogmatically claims. There was 'calls' or catalysts on events. But in all three cases there was a very nice margin of safety. the rails are getting better and taking market share. The union and management are working together, finally. MSFT generates such massive cash flows from its legacy business products that regular dividend increases are assured even in the worst case. Which of course did not occur.
So no, there is none of the brainless or mindless Corny Stag monster palaver about magical returns chasing trailing high yields which sciences proves is negative return behaviour.
Gee Mad Who was wondering if corny stag monster would be so good as to explain the risk factors in 'double' 'leverage' products sold by retail brokers to generate commissions and fees.
There is also the issue of basis with these things. Plus how might an increase in interest rates impact such a thing? ;)
Vacuous fools do ruch about. Then per Ron^3 life statement, just pretend you sold at the perfect tick of time. After all it is not about understanding and being sound with personal savings/wealth. It is about petty talking your ego all day long. Then dreaming about how devastating petty snarky comments should be. ;)
Wow. Corny Stag monster really should go back to the SFL board where such group behaviour is defined as learning! Like the make up history and logic Common Core insanity.
Why yes Corny Stag monster Opie,
There is nothing new in petty snarks banding together in the darkness of ignorance to share their anger.
No One would think Ron^3 would not be so impressed with Corny Stag monster coming and explaining why his 'big' investment in LINE is a terrible thing. HIgh risk situations like SDRL and SFL are so superior. Ron^3 doesn't claim to be selling yet still supportive of the mooncalf display. ;)
Again, corn ethanol is blocking clean light shale oils and blending ngls from the American gasoline. So Americans have to pay 100% more for corn ethanol on a gge energy basis and producers like LINE have to look to export.
Oh I just remembered Willie never did admit it was completely wrong about ngl export. That to be exported it had to be a finished product not an ngl.
Which is why of course it is necessary to post. ;) Well if one is civilized it is.
Different from the driving enemy of my enemy is my friend flat, dark and cold Denisovan Progressive cave.
Poor JOn. A high Priest claimed destroying a human embryo alive in its mother is not an abortion.
The fruit of worshipping man.
Ah and the troop assembly would not be complete without the angry lackey. From New South Africa.
sciolistic troop rises! ;)
They still have not managed one basic concept. Not one in all these years.
But that is the fruit of petty belief a board exists to prove one is always correct so as to take advantage of fellow Americans to advance self interest.
Now it is not civilized. It is simple primitive existence. Like the Denivon Show with Jon Stewart.
See why Jon must say things which make the troop happy or he will not be allowed to be their nude emperor.
(under-resourced as it is)
Sure did not stop the Obama EPA from taking away of distribution increase on the BRY deal.Unbelieveable.
Which is why ROn^3 is a founding member of the OLB troop.
The Denisovan Show with Jon Stewart troop really is delusional. The reason our government is wildly corrupt and unaccountable is because it does not have enough of our money as a 'resource'? ;)
Yea, this is why Kant's primitive Denisovan 'positivism' has never worked nor will it ever work. A massive government which does not value individual virtue and therefore rule of law is empowered to extreme corruption. The poor Denisovans believe crumbs from the collectivist elite optical table is better than economic opportunity.
Shame Jon as the bread and circus empowerer of the low information clan has not read up on the ideas of Levina. But I guess these ideas are to new for Jon and his huge troop of PhD writers.
Gum clearly under Obama our government is wildly unlawful and pointedly abusive. Obama would not follow the RFS Law and cut the mandates as the Middle East burned on food riots caused by a 400% spike in the cost of corn. Indeed Syria and ISIS are directly part of this causation.
Corn will return to $2 to $3 a bushel. With the massive increase in yields from seed technology it will at some point fall closer to $2. As we see $4 a bushel did not slow the 1,600% growth in world growing capacity a sidgen. Corn farmers believed the ethanol pimps and bought themselves real competitive threats.
As far as ethanol it does not matter how cheap corn is. It is energy cycle neutral at best and in all probability energy negative. So it will always be more expensive and less efficient than direct conversion of natural gas. Massive social costs for not one single benefit. Other than Corny Stag monster can make up it's investment losses by stealing from fellow Americans.
As for natural gas. High oil prices and continuing connection of existing production to natural gas networks is dumping associated ng and ngl. 311 ng rigs is not enough to maintain production. But it seems their is also so shut in which can be turned on.
When associated production from high oil prices is not the key variable is when ng prices change. The simple fact is Obama creates so much economic uncertainty that our next Prez could be a monkey which does nothing and our economy would return to normal or most likely normal recovery growth. Our capacity utilization of assets and people is extremely low.
If Republicans can get Reid away from the power he is so ruthlessly abusing, maybe it could be a beginning of a turning point.
HoHOHo it is magic.
Corn ethanol mandates are destructive to the environment, American economy by destroying average family incomes.
So you just have to come on the LINE board and save everyone from this unmagical investment!
What a poltroon corny stag monster is. Again, past returns are irrelevant. The market looks forward.
But this is what Jon's Denisovans do. That clan memory of the sudden warming of the world and the coming of the mentally more adaptable O'cromags to the levant. Forever primitive.
Of goodness. The CEO of SDRL is very talented. He is also a self dealer if things go badly. As it did for FRO. He stuck FRO and SFL owners. Events did not go horrible so SFL has done ok.
The oil majors do most of the deep offshore drilling and this is the core of Sea Drill. But they are pulling back on capital investment to get their project roi correct. Which is why all deep water service providers are selling relative cheap. Of course the American onshore fracturing miracle puts the economics of drilling American off shore oil in question given the very uncertain match between domestic supply and demand.
Of course off shore rigs are a commodity business pretty much like oil tankers. We all know what the tanker industry has been through. Which again is why SDRL is very cheap.
So Corny Stag monster continues on gambling as it does. Chasing trailing yields is a suckers bet. BUt as Crony Stag MOnster does not like to understand, it never learns.
If the corny stag monster is lucky there will of course be no end to the silliness. If it breaks the other way it will go hide under the SFL rock for some time.
LINE is going the right things. Securing and adding visibility to DCF and distribution coverage. It is doing so by buying up well understood and low cost currently producing natural gas assets.
Sooner or later Obama will retire. He is expending a massive amount of agency abuse to hold back natural gas adoption and slow export. Remove this uncertainty and a free market allowed to function eliminates inefficiency extremely quickly. Natural gas is the economic fuel of America. Allowed normal economic growth and the dynamic will change quickly. We just need to have enough economic growth to get passed the supply additions from associated oil production and or export.
HUm rational people verses the Jon Denisovans and their irrational magic beliefs.
First show from the High Denisovan cave!
clan bear claw
Of course Ms Hana will give birth to the High Densivoan line like Jon. What a cute child and Hana looks good for her age.
Back at the beginning of one of the common rapid climate change events. The High Denisovan blamed the warming on the O'Cromags. All that fashionable clothing, technology and fires producing co2, ending the ice age.
So although we do not have direct observation. It is rational to assume Jon can count beyond five as a High Denisovan. He just doesn't want too now that the years have become so vast and expansive!