The term is used colloquially for any kind of Linkback. (Blogger now has backlinks – very similar to the trackback feature in Movable…

My limited econimics tell me that if you can produce a product that the other guy had the corner on the market, then the price will drop. If you can produce it better and cheaper {get government out) then the other guy has to sell cheaper, if he wants to sell. Point is, the money stays here. Or, we just wait till BHO pulls us out of the war, and still buy foreign oil, buy less, turn off the lights, and the rest of the BS and watch this country tank…

http://thehill.com/content/view/74887/70/1/1/

Again lies by omission. while drilling will not solve the entire issue. It will help to bring oil down NOW and keep it down for the next 5-10 years as we tranfer to other types of energy. Boone Pickens also owns wind turbines/farms and LNG company. He is talking his book like any other invested interested party. Oh yeah the higher oil goes the more he makes also. So by not pushing for drilling Boone is ensuring that one) his oil wealth satys high, 2) that his investment in wind power pays off and 3) his investment in LNG pays off.

What the crisis calls for is all of the above. We need wind, solar, tide, geothermal, nuclear, ethanol, coal to liguid, LNG, fuel cells, and WE NEED MORE DRILLING NOW.

Oil prices came down $10.00 just on Bush lifting the OCS ban. not one drop of oil as been drilled. Just the thought of bringing USA oil onto the market droped oil $10.00 in two days. those that say drilling will not impact prices NOW have no idea how the markets work.

Which since BHO believes this or says he does scares the daylights out of me.

Adding more fossil fuel sources located in the US to the worldwide energy supply isn’t going to solve our problems. Energy demand in the developing world is growing far too fast.

Kissinger and others see what’s going on, and are trying to warn Washington. It’s too bad that voters don’t have similar expectations, instead of falling for the blame game that elected officials like to play to fire up voters:
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/07/15/national/w143823D58.DTL&feed=rss.business

no problem i would like to read the entire book myself.

unseen on July 15, 2008 at 4:35 PM

.
Thanks for the link – that book is going on my wish list.

I have enjoyed making snarky comments about the gas prices and the complete failure of the democrat leadership to do anything about it.  Bad enough that prices have doubled since the democrats were elected, but now that they are historically high,…

In one or two decades we will again be worried about global cooling just as we were two decades ago. If we get a really big volcano eruption it could be less than a decade. It is also time to again worry about loosing the ozone layer by flying airplanes at high altitude. This is not the same as the chemical ozone hole problem which appears to be real. Hanson, the Goracle’s pet NASA man, was involved in the cooling and airplane misconceptions as well as the heating one.

Ron Paul’s connection with reality is to tenuous to gain my support, but I am a Libertarian.

MarkTheGreat on July 15, 2008 at 3:40 PM

No, you are an idiot. And after leaving work for almost 3 hours and coming back to the SS, I have come to the conclussion you really have no clue WTF you are talking about. Readiong reports and actually being in the field are two totally different items!

I think it has been proven it isn’t good for the American worker. what remains to be seen is that is is good for america.

Personally I think that one can not be good and the other good. In other words as GM said in the 1950′s what’s good for Gm is good for America. Here too what’s good for the American worker is good for America. It takes a balance to achieve a great country. A balance been capital and labor. So that all enjoy the furits. Whenever you have an imbalnace between the two in history bad things have happened.. rebellions, revolutions, poverty, loss of freedoms , world wars etc.

Was Ross Perot correct all along? Is a NAFTA outlook really good for the American worker? Are we finaly seeing the results of shipping jobs and infrastructure overseas?

goldwater, reagan, jackson, adams, jefferosn, washington, and other all rolled together.

It is a shame IMO to have all these great men and women that have learned these basic turths the hard way and not use their lessons learned.

The new world order is doomed to fail because it does not take in the basic human emotions and instead trys to impose from above rules regulations, trading policies etc without a framework of basic human rights and limits on the governments.

Romeo13 on July 15, 2008 at 5:14 PM

just hope it happens before we are destroyed.

Economic warfare is as old as military warfare. Learn some facts and history.

unseen on July 15, 2008 at 4:53 PM

Yep, the question is an polical/economic one of IS trade with no restriction in the US’s best interest, when our trade “partners” do not play by the same rules.

I’m personaly in favor of protecting AMERICAN interests in the market place… the idea that all this free trade has helped America is going to go the way of the Global Warming theory… its going to get killed by the data and reality.

More I believer in the consitution and the concepts entombed in that then a “my country right or wrong” type.

unseen on July 15, 2008 at 4:41 PM

Patriotism is supporting your country [and it's constitution] all the time, and your government [and it's policies] when it deserves it.
- Mark Twain

Actually I think I am detecting more Goldwater than Twain there, so I took the liberty of inserting a little Goldwater.

http://biz.yahoo.com/ap/080715/oil_prices.html

bush’s lifting the ban and the polls showing that the USA is waking up had something to do with that also.

MarkTheGreat on July 15, 2008 at 4:36 PM

The result was the most monumental non-nuclear explosion and fire ever seen from space,” he recalls, adding that U.S. satellites picked up the explosion. Reed said in an interview that the blast occurred in the summer of 1982.

yeah like that isn’t hard to prove.

KGB confirms the explosion. Sats took pictures of it. Real hard to prove. there. at the time the Russians were pushing to expand natural gas to Western europe cementing hard currency trade. Reagan denied them that lever leving their economy to twist in the wind.

Economic warfare is as old as military warfare. Learn some facts and history.

As I said, a socialist through and through.

MarkTheGreat on July 15, 2008 at 4:35 PM

How you got that from my comments is beyonf me. reaching alittle aren’t you.

Again you show your lack of knowledge. tawian is where the goverment of Chang hi sheik fled during too during the communist revolution. As far as China is concerned it is the last outpost of their war. It would be like General Lee fleeing to The Virgin Islands and the English telling Lincoln it could not continue the fight.

In fact many people think that since Taiwan was kept free by the USA the seeds of capitalism could be planted in China.

MB4 on July 15, 2008 at 4:26 PM

More I believer in the consitution and the concepts entombed in that then a “my country right or wrong” type.

If our trading partners have the same basic beliefs then I am all for enriching their lives and ours thru trade. If not than not. No matter the extra savings etc.

Since the American documents are one of a kind in the annuals of history and since they have led to the highest stand of living in the hostory of the world and the most powerful nation in the world then I think our trade policies should hold these above profit motive.

Capitalism did not make this country great. The founding cdocuments did. England and other western nations have practiced capitalism yet never rose to the power that we have. the difference is in the concepts of freedom and limite gov contianed in those pages.

T

new memoir by a Reagan White House official.

Now that qualifies as an un-impeachable source.

It is due to governmental policies that artifical lower labor prices that is the problem.

Ah yes, the old govt is controlled by rich fat cats and we must take what is ours from it view of world events.

As I said, a socialist through and through.

that caused their economy to tank.
The soviet economy tanked, in part, because they followed the kind of economy that you advocate.

MarkTheGreat on July 15, 2008 at 4:24 PM

I guess you didn’t bother to read the link so here :
In January 1982, President Ronald Reagan approved a CIA plan to sabotage the economy of the Soviet Union through covert transfers of technology that contained hidden malfunctions, including software that later triggered a huge explosion in a Siberian natural gas pipeline, according to a new memoir by a Reagan White House official.

http://www.msnbc.msn.com/id/4394002

and more:
Reed writes that the pipeline explosion was just one example of “cold-eyed economic warfare” against the Soviet Union that the CIA carried out under Director William J. Casey during the final years of the Cold War.