The Obama Presidency by the Numbers

#53
#53
Yea, I agree.

You won't convince me that people enjoy pipelines on their property.

Do you (or anyone) know if people are compensated for their land's use in this manner? If so, how much? (Or does that vary quite a bit based on variables?)
 
#55
#55
(1) What? Property is the product of your life and liberty. How would you steal someone's appearance?

(2) That may be how democratic governments function, but it's not necessarily the purpose of government.

(3) No kidding. That's what the "or" in "enslave, or deny liberty" is for.

(4) You're right, those aren't the lone three ideals that matter, but the other ideals aren't best-pursued by government. They are best-pursued by individuals, themselves.

1. How is property the product of my life and liberty? It is only to the extent that I valued it during my life, period.

2. You don't get to define the purpose of government and it isn't limited to your worldview.

3. Why bother if there needs to be catch all?

4. Who gets to decide which ideals are best pursued by government vs individual? Then you get into silliness on the order of gibbsian delusion.
 
#58
#58
1. How is property the product of my life and liberty? It is only to the extent that I valued it during my life, period.

2. You don't get to define the purpose of government and it isn't limited to your worldview.

3. Why bother if there needs to be catch all?

4. Who gets to decide which ideals are best pursued by government vs individual? Then you get into silliness on the order of gibbsian delusion.

1. I don't even know what you are saying. Property is the result of your life and liberty: If you work to buy a Corvette, it means you are spending part of your life and liberty to earn that Corvette. If someone steals your Corvette, they stole something that you actually valued more than your life and liberty that went into earning it.

2. But it's limited to yours? You didn't even account for non-democratic governments and you are talking about my limited world view? The whole point of libertarianism is that nobody knows what's best so you can't centrally plan society. It doesn't matter what my world view is, because under my ideal government, I'm not allowed to push it on you.

4. I'm an anarchist*, so nobody should get to decide, IMO. Since a libertarian society is the next best thing, I'll settle for that. A libertarian society is very simple. As long as you cause no direct harm to others, government will leave you alone. In The Law, Bastiat argues that government shouldn't be able to do anything the people cannot do themselves, otherwise you inevitably will have despotism.

* You seem to have trouble wrapping your mind around libertarian principles so it probably wouldn't be useful to probe me about how an anarchist society would function. If you are interested, Machinery of Freedom lays a decent groundwork.
 
#59
#59
It seems like we are relying on Canada more and more for energy and oil. Does NAFTA give us a huge benefit here?
 
#60
#60

I know you believe the amount of recoverable oil is too small to make a dent but I firmly believe if the US went aggressive in all energy production the market would reflect that policy in downward pressure on oil prices both in real potential demand and in competitive reaction by existing oil producers.
 
#61
#61
It seems like we are relying on Canada more and more for energy and oil. Does NAFTA give us a huge benefit here?

For some reason Canada and soon Brazil don't really count as foreign providers. Canadians are too nice and Brazilians are too busy partying to be of any concern :)
 
#62
#62
I know you believe the amount of recoverable oil is too small to make a dent but I firmly believe if the US went aggressive in all energy production the market would reflect that policy in downward pressure on oil prices both in real potential demand and in competitive reaction by existing oil producers.

plus one
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#63
#63
Do you (or anyone) know if people are compensated for their land's use in this manner? If so, how much? (Or does that vary quite a bit based on variables?)

yes you get compensation. The amount depends on the value of the land and your negotiations. They pay by "the rod" (aka piece of pipe 16 feet long) You can get between $200-$500 per rod for timberland. They also pay "rent", and will cover any potential income lost (timber/farmland) and will make improvements to your land if you request (all of this is negotiated)
 
#64
#64
now we're getting somewhere.

How much does supply actually have to do with the current rise in gas prices?

saupload_crude_to_nat_gas_ratio1.png

The chart above shows the ratio of crude oil to natural gas in white, and the price of natural gas in amber. Natural gas is pretty much the only commodity in the world that has not recovered since the 2008 financial crisis, and it trades at about the same levels it traded at in 2002. Even with more utilities burning natural gas, the price has been declining as more reserves have been proved. If you have been long natural gas over the last several years, you'd know first hand what supply has to do with price.
 
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#65
#65
View attachment 41247

The chart above shows the ratio of crude oil to natural gas in white, and the price of natural gas in amber. Natural gas is pretty much the only commodity in the world that has not recovered since the 2008 financial crisis, and it trades at about the same levels it traded at in 2002. Even with more utilities burning natural gas, the price has been declining as more reserves have been proved. If you have been long natural gas over the last several years, you'd know first hand what supply has to do with price.

do you have a bloomberg??
 
#66
#66
do you have a bloomberg??

I hate to admit to financially supporting Michael Bloomberg but the information is second to none. There are a lot of charts that are available on Bloomberg that find their way to other places on the internet. There's probably some copywrite issues but for the amount money Bloomberg makes, they probably aren't overly concerned.
 
#68
#68
So you have a bloomberg?

I do along with 300K+ others.

Want to see cotton futures pricing compared to copper futures compared the baltic dry freight index? Not sure what you'd do with info I'm sure there's commodity trader who would do something with it.
 
#70
#70
I just finished reshuffling my 401k. I'm basically reshuffling losses. Depressing.
 
#72
#72
obama-by-the-numbers.jpg
 

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