Investor612

The Economics of Political Spin

I don't go to seekinglapha to see DNC talking points regurgitated.

The "at least it's a change" has to rate as the most vacuous argument yet.

Equally lame is the attempt to sew McCain to Bush's hip. Wrong as he is on some things, fiscal restraint is one of the things McCain has been stellar about. remember, he voted against the 2001 tax cuts because there weren't spending cuts to compensate for them.

Last one wonders how anyone shilling for Obama can call for investing in energy companies. Your guy openly called for confiscating oil company profits to fund a giveaway to everyone, including those who don't pay taxes. How are companies who are going to have their profits confiscated good investments?

The 'Peak Oil' Myth: New Oil Is Plentiful

A very superficial and frankly silly analysis. Yes, lots of new reserves have been found. Reserves have actually grown. The flaw in making a simplistic conclusion on that increase is the different nature of the reserves. The recent finds are deeper and/or require more complex and costly measures to exploit. This increases the time it takes to produce from the new found reserves and decreases the rate of production once they come online.