March 16, 2011
— Ace Really good FaceBook argument on one of the top three issues of the day. (Part of the top issue, if you consider energy to be part of the economy, which it is.)
I knock Palin a lot but when she's on, she's on.
The evidence of the PresidentÂ’s anti-drilling mentality and his culpability in the high gas prices hurting Americans is there for all to see. The following is not even an exhaustive list:
Exhibit A: His drilling moratorium. Guided by politics and pure emotion following the Gulf spill instead of peer-reviewed science or defensible law, the President used the power of his executive order to impose a deepwater drilling moratorium. The Administration even ignored a court order halting his moratorium. And what is the net result of the PresidentÂ’s (in)actions? A large drilling company was forced to declare bankruptcy, the economy of the region has been hobbled, and at least 7 rigs moved out of the Gulf area to other parts of the world while many others remain idle. Is it any surprise that oil production in the Gulf of Mexico is expected to fall by 240,000 bbl/d in 2011 alone?
But thatÂ’s just the Gulf. ThereÂ’s also the question of a moratorium on the development of AlaskaÂ’s Outer Continental Shelf. It seems the Obama Administration canÂ’t agree with itself on whether it imposed a moratorium there or not. The White House claims that they didnÂ’t, but their own Department of the Interior let slip that they did. To clear up this mess, Gov. Parnell decided to sue the DOI to get a solid answer because such a federal OCS drilling moratorium would violate federal law.
Exhibit B: His 2012 budget. The President used his 2012 budget to propose the elimination of several vital oil and natural gas production tax incentives. Eliminating these incentives will discourage energy companies from completing exploratory projects, resulting in higher energy costs for all Americans – and not just at the pump. According to one study mentioned in a recent Wall Street Journal op-ed, eliminating the deduction for drilling costs “could increase natural gas prices by 50 cents per thousand cubic feet,” which would translate to “an increased cost to consumers of $11.5 billion per year in the form of higher natural gas prices.”
I'd like to see more about this. If these are actually incentives -- tax breaks -- I don't see the need for them, as I'm usually in favor of "clean" tax codes, shorn of policy-pushing incentives and disincentives. If oil companies are getting some kind of a break here, not only do I think that's a political argument that can't be won, but I'm not sure it should be won.
However, I have looked into this stuff in the past and I've often found that what liberals term "special breaks for oil" is often normal accounting practices extended to oil companies. For example -- of course you have to be able to depreciate your oil source the same as you can depreciate any other degrading good. Oil runs out as you pump it. I have seen liberals claim that depreciation applied to oil is somehow a "special break" when in fact it's just the normal rule of subtracting cost of earning a dollar from the dollar earned.
Exhibit C: His anti-drilling regulatory policies. The U.S. Geological Survey found that the area north of the Arctic Circle has an estimated 90 billion barrels of technically recoverable oil and 1,670 trillion cubic feet of technically recoverable natural gas, one third of which is in Alaskan territory. That’s our next Prudhoe Bay right there. According to one industry study, allowing Royal Dutch Shell to tap these reserves in Alaska’s Chukchi and Beaufort seas would create an annual average of 54,700 jobs nationwide with a $145 billion total payroll and generate an additional $193 billion a year in total revenues to local, state, and federal governments for 50 years. This would be great news if only the federal government would allow Shell to drill there. But it won’t. It’s been five years since Shell purchased the lease to develop these fields, but it’s been mired in a regulatory funk courtesy of the Obama Administration. After investing $3.5 billion in exploration programs (a significant portion of which went to ensuring responsible spill response and prevention), Shell announced last month that it has given up hope of obtaining the required permits to conduct exploratory drilling this year. That means no jobs and no billions in oil revenue from the Arctic anytime soon thanks to this Administration. Let’s stop and think about this for a moment. Right now Beltway politicos are quibbling over cutting $61 billion from our dangerously bloated $3.7 trillion budget. Allowing drilling in the Chukchi and Beaufort seas will enrich federal coffers by $167 billion a year without raising our taxes. If we let Harry Reid keep his “cowboy poetry,” would the White House consider letting us drill?
As I understand it, with ANWR (though I don't think this is what she's discussing; not sure), we have a certain estimate of how much oil is in the ground, but no further exploration has been permitted to get a firmer reading on the oil.
I suspect the reason that liberals will not permit us to even do the science needed to get a more accurate read is that they are afraid there will be discovered an even greater bounty of oil, and that will make their no-drilling-in-the-barren-tundra-called-ANWR politically untenable.
Can we at least be permitted to discover precisely how much oil we are giving up on for no reason?

A bear. Obviously distressed and crazed by an oil pipeline.
You can almost hear him crying, "Please choose a policy of
wind-turbines and solar so that my cubs are spared this horror."
Taken altogether, itÂ’s hard to deny that the Obama Administration is anti-drilling. The President may try to suggest that the rise in oil prices has nothing to do with him, but the American people wonÂ’t be fooled. Before we saw any protests in the Middle East, increased global demand led to a significant rise in oil prices; but the White House stood idly by watching the prices go up and allowing America to remain increasingly dependent on imports from foreign regimes in dangerously unstable parts of the world.
This was no accident. Through a process of what candidate Obama once called “gradual adjustment,” American consumers have seen prices at the pump rise 67 percent since he took office. Let’s not forget that in September 2008, candidate Obama’s Energy Secretary in-waiting said: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” That’s one campaign promise they’re working hard to fulfill! Last week, the British Telegraph reported that the price of petrol in the UK hit £6 a gallon – which comes to about $9.70. If you think $4 a gallon is bad now, just wait till the next crisis causes oil prices to “necessarily” skyrocket. Meanwhile, the vast undeveloped reserves that could help to keep prices at the pump affordable remain locked up because of President Obama’s deliberate unwillingness to drill here and drill now.
Hitting the American people with higher gas prices like this is essentially a hidden tax and a transfer of wealth to foreign regimes who are providing us the energy we refuse to provide for ourselves. Like inflation, higher energy prices are a hidden tax on Americans who are struggling to make ends meet. And these high gas prices will be felt in the form of higher food prices due to higher transportation costs. Energy is connected to everything in our economy. Access to affordable and secure energy is key to economic growth, which in turn is key to job growth. Energy is the building block of our economy. The President is purposely weakening that building block and weakening our country.
You know, when I say that Palin needs to sound smarter, this is exactly the sort of thing I'd like to hear her saying on TV.
I don't think this last part can be emphasized enough: Higher energy costs equal higher costs for everything -- everything runs on energy -- and that additional expense isn't even remaining in the country. As a river of oil flows into this country, a river of money flows out.
What She's Talking About In Exhibit C: It's not ANWR. It's oil that's gettable for a limited time only since ice has retreated a bit:
Confirmation on one of your thoughts: Palin isn't talking about ANWR in Exhibit C. There's a big-ass pile of resources above the Arctic Circle (and not just oil) that no one could get to before. Because of arctic warming, the ice cap recedes enough that Shell could rush in and pump oil before the ice returns. That sort of thing didn't make sense before, but between the price of oil and the longer drilling season, there's enough money to be made.Because of the stupid bureaucratic rules, Shell can't get approval before the ice returns, and the agency keeps making them re-apply every year.
Oh that's precious.
Not Special Incentives: robrtr says the "incentives" she mentions are just normal deduct-your-costs-from-your-profits things:
The incentives she is talking about are research incentives. In other words if the oil company drills a dry well they can write that off as a cost of doing business.It's the same as if Apple built a bunch of I phones they couldn't sell they can write off the cost of buidling those I phones.
Companies use money for research that they have already paid taxes on, if they lose it in a dry hole or an unsuccessfull product they write off that cost against future tax liabilities. If you take that away then they will increase the cost of oil they do find or products that are successful to cover the costs of their losers.
This results in a tax increase to the public with the corporations collecting the tax for the government.
Thanks, that's what I expected it would turn out to be. In that case I think leaders should make sure people know these aren't special incentives but just the normal rules of determining profit.
Posted by: Ace at
09:46 AM
| Comments (298)
Post contains 1731 words, total size 11 kb.
Posted by: Purple Avenger at March 16, 2011 09:50 AM (nzRBj)
the question of who in the GOP can beat Obama may soon be irrelevant if energy prices continue to climb.
Obama will beat himself.
Posted by: booter at March 16, 2011 09:51 AM (w43sl)
Posted by: Velociman at March 16, 2011 09:52 AM (BiFjD)
The U.S. must be the only country on earth to have non-development of its fuel sources as national policy.
Posted by: arhooley at March 16, 2011 09:52 AM (KWk5E)
Posted by: crosspatch at March 16, 2011 09:53 AM (ZbLJZ)
Posted by: Adriane at March 16, 2011 09:53 AM (0yDnd)
Obama will beat himself.
Posted by: booter at March 16, 2011 01:51 PMI'm sure he beats himself daily. In front of a mirror.
Posted by: arhooley at March 16, 2011 09:53 AM (KWk5E)
Posted by: Purple Avenger at March 16, 2011 09:53 AM (nzRBj)
>>> Republican theme for 2012: Democrat's insane policies are making shit more expensive for YOU
Good stuff but I think it's still just too complicated for the 52% to fully understand.
Posted by: Roadking at March 16, 2011 09:53 AM (PRowY)
No.
It's the kind of thing you want to see her on TV get interrupted while saying, and not be allowed to finish, so you can say she's a weak idiot.
Posted by: oblig. at March 16, 2011 09:54 AM (xvZW9)
Posted by: EC at March 16, 2011 09:54 AM (GQ8sn)
She's been making policy statements like this for two years. What's changed?
Posted by: Velociman at March 16, 2011 01:52 PM
Nothing, except that (running around tearing hair out) SHE'S UNELECTABLE! SHE'S UNELECTABLE! SHE'S UNELECTABLE!
Posted by: arhooley at March 16, 2011 09:54 AM (KWk5E)
Re recalling the fleebaggers...anyone know of anywhere to donate to the cause?
Posted by: sock puppeh at March 16, 2011 09:55 AM (VcPAo)
Because of the stupid bureaucratic rules, Shell can't get approval before the ice returns, and the agency keeps making them re-apply every year.
Posted by: Meiczyslaw at March 16, 2011 09:55 AM (bjRNS)
There are so many ways that statement can be interpreted as, from the innocent to the decadent.
12 Even if we completely discount Alaska, the Gulf, and both coasts, we have enough shale oil and natural gas in the midwest to completely pwn Saudi Arabia for the next 50 years. Why don't we drill there?
That'll mean no more investments for High Speed Rail!
Posted by: Kratos (Ghost of Sparta) at March 16, 2011 09:56 AM (9hSKh)
The other two? NCAA picks and the greenside bunker on the 14th hole at Congressional.
Posted by: rdbrewer at March 16, 2011 09:56 AM (CugMw)
This is precisely the kind of thing you refuse to hear when she says it on TV.
And haven't we gotten over the adolescent idiocy of believing that good speech delivery is a necessary component of leadership?! I have. I don't know what's up with the rest of you.
Posted by: Rob Crawford at March 16, 2011 09:56 AM (ZJ/un)
Ecotard legal obstacles. Shell is bogged down with the same sort of shit going on at their Canadian tar sands projects.
Posted by: Purple Avenger at March 16, 2011 09:56 AM (nzRBj)
Posted by: crosspatch at March 16, 2011 09:57 AM (ZbLJZ)
Even if we completely discount Alaska, the Gulf, and both coasts, we have enough shale oil and natural gas in the midwest to completely pwn Saudi Arabia for the next 50 years. Why don't we drill there?
Shale oil is quite a bit more expensive and dirtier to extract.
Not saying that we shouldn't, but we should focus getting the oil that's relatively easy to access by drilling before shifting to shale oil.
Posted by: Hollowpoint at March 16, 2011 09:57 AM (SY2Kh)
Ace,
The incentives she is talking about are research incentives. In other words if the oil company drills a dry well they can write that off as a cost of doing business.
It's the same as if Apple built a bunch of I phones they couldn't sell they can write off the cost of buidling those I phones.
Companies use money for research that they have already paid taxes on, if they lose it in a dry hole or an unsuccessfull product they write off that cost against future tax liabilities. If you take that away then they will increase the cost of oil they do find or products that are successful to cover the costs of their losers.
This results in a tax increase to the public with the corporations collecting the tax for the government.
Posted by: robtr at March 16, 2011 09:57 AM (MtwBb)
Posted by: Soothsayer at March 16, 2011 09:58 AM (uFokq)
I think it was Mitch McConnell who stumbled Sunday when confronted with Barry claiming that our oil output is up. Of course it is up, the price of fuel has doubled. Producers are maximizing marginal wells in response to higher prices. That is how a market works. It would work even better if they could drill new wells.
Posted by: nine coconuts at March 16, 2011 09:58 AM (DHNp4)
Posted by: maddogg at March 16, 2011 09:58 AM (OlN4e)
As a river of oil flows into this country, a river of money flows out.
Ace:
To the leftists who hate the United States (but I repeat myself), that's not a bug but a feature: if you have a world-view that sees America as too powerful and has looted the world, you want to send that money back to the "exploited indigenous peoples."
Things are going to get much worse while President Golfsalot and his merry band of Marxists and union thugs are in charge. Even if he gets tossed out in two years, he and the idiots in DC (of both parties) have created terrible damage to the U.S. economy and finances. I'm particularly optimistic that the damage can be reversed.
Posted by: Retired Buckeye Cop at March 16, 2011 09:58 AM (S2+uh)
Posted by: Purple Avenger at March 16, 2011 01:53 PM (nzRBj)
No way! Barky LOVES to campaign!
That's what he does! That's ALL he does!
Posted by: Kyle Reese at March 16, 2011 09:59 AM (VcPAo)
Just my $.02, anyway.....
Posted by: © Sponge at March 16, 2011 09:59 AM (UK9cE)
Posted by: toby928™ at March 16, 2011 09:59 AM (GTbGH)
The country better fucking wake up.
Posted by: Berserker at March 16, 2011 10:00 AM (gWHrG)
At least with oil production you're getting something worthwhile.
Posted by: nickless at March 16, 2011 10:00 AM (MMC8r)
Posted by: Tom at March 16, 2011 10:01 AM (MWXXs)
Posted by: arhooley at March 16, 2011 01:53 PM (KWk5E)
Wouldn't you if you were married to a wookie? Not being a wookie yourself, I guess.
Posted by: © Sponge at March 16, 2011 10:01 AM (UK9cE)
Posted by: Soothsayer at March 16, 2011 10:01 AM (uFokq)
How Israel could revolutionize the global energy sector
Posted by: Kratos (Ghost of Sparta) at March 16, 2011 10:01 AM (9hSKh)
Posted by: WINNING! at March 16, 2011 10:02 AM (nEa/y)
Posted by: the chicken at March 16, 2011 10:02 AM (OXBrh)
Wow. Another Ace 5000 word essay on Palin. This would be about essay # 137 or so. One might get the impression there might be a certain obsession there. Or am I full of shit?
That last part I suspect.
Every time she says or does something the Palinistas like, they clamor for a post about it... then complain about having another Palin post when one goes up.
Even a favorable post gets twisted into "why do you hate Palin so much?".
Posted by: Hollowpoint at March 16, 2011 10:02 AM (SY2Kh)
Posted by: grognard at March 16, 2011 10:03 AM (NS2Mo)
ooooh shiny Palin thread. Like I said last time; It's not her intelligence that gives me pause. I think she is smart enough and good enough to do a good if not great, and needed job of executing the executive office. But her resignation from governorship is an awful hard impossible hill to defend. Love her as I might, until O drops below 30%, I'm not going to pull for her.
But on topic, her economic analysis of energy in relation to everything else is dead on. In other countries which are still based on manual labor, it wouldn't be such a big deal. But America competes internationally as the worlds top manufacturer not because of cheap labor but because of efficiency, efficiency that comes from industrialization and automation of manual tasks. That industrialization and automation depending on readily available inexpensive energy. As energy prices rise it makes us less competitive as a manufacturer of all goods, including food (Tractors and airplanes and farm equipmend that do the job of 100 people with one person in less time, run on *gasp* fuel!)
In the end, this plan by the administration to jack up energy prices to make green energy competitive, is exactly what we say it is. A purposeful destruction of America's economic might.
Posted by: MikeTheMoose at March 16, 2011 10:03 AM (0q2P7)
Posted by: Tom at March 16, 2011 10:04 AM (MWXXs)
Posted by: Every Male Hollywood Actor at March 16, 2011 10:04 AM (SZy+Y)
Posted by: MikeTheMoose at March 16, 2011 10:05 AM (0q2P7)
Posted by: Berserker at March 16, 2011 02:00 PM (gWHrG)
They never will. They've become so lazy, they're just waiting for the next one to come along and give them their free shit. Those damn rich people have held them down for way too long.
Posted by: © Sponge at March 16, 2011 10:05 AM (UK9cE)
Posted by: Purple Avenger at March 16, 2011 01:53 PM
He'll show up to campaign, but (cue broken record), he'll refuse to debate. You heard it here second.
Posted by: arhooley at March 16, 2011 10:06 AM (KWk5E)
Posted by: Meddler at March 16, 2011 10:07 AM (fCBw5)
In other words it cost your company 1 mil to find oil and 1 mil to drill the hole. You make 10 mil in cash sales but you subtract the 2 mil from that and pay taxes on the difference.
Posted by: Vic at March 16, 2011 10:08 AM (M9Ie6)
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 10:08 AM (8y9MW)
Posted by: The Narrator at March 16, 2011 02:06 PM (MMC8r)
LOL! +100
Posted by: sock puppeh at March 16, 2011 10:08 AM (VcPAo)
Ace--You know, when I say that Palin needs to sound smarter, this is exactly the sort of thing I'd like to hear her saying on TV.
You'll have that chance soon enough. She's running.
2012 Can't Come Soon Enough.
Posted by: snort! at March 16, 2011 10:09 AM (K/USr)
>>> he'll refuse to debate.
Agreed. When that rolls around he will be sooooo busy that well.........it's just not possible at this time.
I can hear it now. I will be shocked if he agrees to a debate.
Posted by: Roadking at March 16, 2011 10:09 AM (PRowY)
@39, has your chosen candidate made news you'd like a thread about?
No?
So I figured.
I haven't yet chosen a favorite candidate yet. I'll let everyone know when I do (hint, it won't be someone who has no chance of winning in the general).
However, I'm not sure a Facebook posting qualifies as "news". She makes a pretty strong argument here, but let's face it- few politicians write all their own material.
Posted by: Hollowpoint at March 16, 2011 10:09 AM (SY2Kh)
And she has balls of steel.
My only question: is she too much more of a flake than the typical politician? Anybody know what is the PFMSD (Politican Flake Magnitude Standard Deviation) is?
Perhaps big balls lend one a certain flakiness? Churchill was definitely known as a political flake in his day, at least 2.0 PFMSDs from the mean I'd say.
Posted by: Ken at March 16, 2011 10:10 AM (3ar4L)
Examples include no oil, no coal, no nukes, green energy, keynesism, all of these he follows the party line. On the other side he runs into something like Gitmo, Mid-East revolutions, budgeting, inflation etc and he is at a complete and total loss at what to do or even to make a decision.
Then of course, when events go against him, he lies..."we have done more of this or that than anybody in the universe has ever done".
Posted by: Guy Fawkes at March 16, 2011 10:10 AM (kfP69)
Posted by: Miss'80sBaby at March 16, 2011 10:12 AM (UO6+e)
But, but, she resigned...
My fucking balls...
She is coming and she is going to kick ass.
Posted by: SurferDoc at March 16, 2011 10:12 AM (o3bYL)
Posted by: Guy Fawkes at March 16, 2011 02:10 PM
That's exactly what I expect to hear during the 2012 campaign. Our economy is bigger, better, and more uncut now than it was in 2008.
Posted by: arhooley at March 16, 2011 10:12 AM (KWk5E)
Posted by: Reality Man at March 16, 2011 10:12 AM (9AQdP)
Posted by: polynikes at March 16, 2011 10:13 AM (yKP4s)
If your real knock against Palin is that she doesn't "say this stuff on TV" I think you need to read that out loud. How long did it take? More than a soundbite? More than a reasonable answer to a standard segment question? I think the answer is "yes" on both counts.
To make that kind of statement on TV she would have to a) have her own show, b) call a press conference, or c) be in a debate where lengthy answers were acceptable. A is kind of beyond her control, B would be so gauche as to be indefensible, and C would require her to be an announced candidate in an actual debate.
If this is what you're looking for, you need to look at her print statements and speeches- where she's been saying this stuff for 2 years.
The only reason Mittens, or Huckster, or MitchD, or T-Paw have this kind of thing "on TV" was because they were or are State Governors and Presidential Candidates. That said, their TV Statements on this kind of thing are either a) just as short and "sound bite" as Sarah's or b) just as stale. I'm sure footage could be dug up of her saying almost exactly the same things as Governor.
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 10:13 AM (8y9MW)
@39, has your chosen candidate made news you'd like a thread about?
No?
So I figured.
I haven't yet chosen a favorite candidate yet. I'll let everyone know when I do (hint, it won't be someone who has no chance of winning in the general).
However, I'm not sure a Facebook posting qualifies as "news". She makes a pretty strong argument here, but let's face it- few politicians write all their own material.
Posted by: Hollowpoint at March 16, 2011 02:09 PM (SY2Kh)
HOOOEEE H.P. I just saved that comment for later reference. Good luck with your choice of "electable" candidate. PS, isn't that what they called McCaine?
Posted by: maddogg at March 16, 2011 10:15 AM (OlN4e)
Posted by: brak at March 16, 2011 10:16 AM (nIoiW)
Posted by: justin cord at March 16, 2011 10:18 AM (6UTk5)
Posted by: grognard at March 16, 2011 10:18 AM (NS2Mo)
Thank you for picking up on this, Ace. I linked it on one of the earlier opens. She's a fucking buzz saw and she's gonna be our next president or decide who our next president will be.
Also: I want to have sex with her brain.
Posted by: Truman North at March 16, 2011 10:19 AM (8ay4x)
I can hear it now. I will be shocked if he agrees to a debate.
Posted by: Roadking at March 16, 2011 02:09 PMSide two of my broken record: "I've got a lot of other more important stuff to do, because a whole bunch of folks are counting on me to do the important work I've been doing for the last four years of fixing the mistakes of my predecessor. Everyone knows where I stand on the issues anyway, and this divisive nit-picking doesn't solve any of the hard problems my predecessor left me that I go to bed every night trying to solve."
Posted by: arhooley at March 16, 2011 10:19 AM (KWk5E)
Posted by: Ncj the non-terrorist cabbie at March 16, 2011 10:19 AM (y03bf)
Posted by: grognard at March 16, 2011 10:20 AM (NS2Mo)
The episode of her Alaska show where she shot the caribou was filmed in ANWR. She said she picked that as an activity specifically to show people what the place is like.
Posted by: Buzzsaw at March 16, 2011 10:21 AM (tf9Ne)
Posted by: Berserker at March 16, 2011 02:00 PM (gWHrG)
it won't, we have our esteemed others as in WI deciding our states being broke doesn't matter a bit when it comes to throwing in for their own health care and pensions.
Posted by: willow at March 16, 2011 10:22 AM (h+qn8)
Posted by: ace at March 16, 2011 10:22 AM (nj1bB)
Posted by: blaster at March 16, 2011 10:22 AM (l5dj7)
Posted by: Soothsayer at March 16, 2011 10:23 AM (uFokq)
Posted by: Big Fat Meanie at March 16, 2011 10:23 AM (DPM1U)
I don't think this last part can be emphasized enough: Higher energy costs equal higher costs for everything -- everything runs on energy
One of my favorite arguments to ask a lefty here in SoCal is "what's the main ingredient in a loaf of bread". They get all flustered when I tell 'em that grain or yeast is the wrong answer, and oil/diesel fuel is correct.
I've NEVER seen a wheat field in SoCal. I think the nearest one is over 1000 miles away.
Posted by: IllTemperedCur at March 16, 2011 10:23 AM (yf5H9)
Posted by: justin cord at March 16, 2011 10:23 AM (6UTk5)
And haven't we gotten over the adolescent idiocy of believing that good speech delivery is a necessary component of leadership?!
I'd say it's pretty necessary, but of course not the the biggest factor. A lot of leadership is about instilling confidence, and the easiest way to do that is with good speeches (confident, encouraging, direct, open). I can't think of a good leader (which is different than a manager) who always gave bad speeches. For example, could you imagine if Reagan and Carter had their speech-making abilities reversed? Reagan going on about malaise and Carter making grand speeches about the evils of regulation in transportation...different world.
Posted by: dudeinsantacruz at March 16, 2011 10:24 AM (dGdcX)
Posted by: ace at March 16, 2011 10:24 AM (nj1bB)
Could that be why she doesn't Youtube? People would much rather watch than read, and Facebook is popular, but Youtube makes much more sense.
Posted by: grognard at March 16, 2011 10:24 AM (NS2Mo)
I doubt any of the contenders in 2008 would've won, considering the political environment at the time. That doesn't imply that we should've given up and nominated an unelectable fringe candidate 2008, nor does it suggest that we should in 2012.
Posted by: Hollowpoint at March 16, 2011 10:25 AM (SY2Kh)
Posted by: maddogg at March 16, 2011 10:26 AM (OlN4e)
http://palintv.com/category/policy
This stuff sends tingles up my leg. So, is she too much of a flake? Did US Grant drink too much?
Posted by: Ken at March 16, 2011 10:26 AM (3ar4L)
Conversely, if she's that bad, you wouldn't need to post so incessantly about her...
Posted by: Additional Blond Agent at March 16, 2011 10:26 AM (uehxp)
They get all flustered when I tell 'em that grain or yeast is the wrong answer, and oil/diesel fuel is correct.
It's organic!
Posted by: dudeinsantacruz at March 16, 2011 10:26 AM (dGdcX)
Posted by: Soona at March 16, 2011 10:26 AM (6RbV1)
$193 billion a year in tax revenue for 50 years? Does this sound even remotely plausible?
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 10:26 AM (+lsX1)
Posted by: polynikes at March 16, 2011 10:26 AM (yKP4s)
Want to make your head hurt?
How many people does Interior employ to sit around and not approve things?
Posted by: Circa (Insert Year Here) at March 16, 2011 10:27 AM (B+qrE)
Posted by: Soothsayer at March 16, 2011 10:27 AM (uFokq)
I'm honored for the direct response, sir. Thank you.
That said, I think that when the primaries come, she'll be engaged and fine on these fronts, but time will tell. She can do YouTube vids and all, but it's still scripted. When she interviews, she's asked dumbass questions like, What Magazines do you Read!?! and the like. She's not really been given the opportunity to speak on such levels, but I thought she did a pretty darn good job against Plugs during the VP debates.
I think time will tell, but, not that I'm a Palinista or anything, I think she'll be fine when the time comes to prove her mettle.
Posted by: © Sponge at March 16, 2011 10:28 AM (UK9cE)
Posted by: polynikes at March 16, 2011 02:26 PM (yKP4s)
Unelectable
Posted by: grognard at March 16, 2011 10:28 AM (NS2Mo)
Conversely, if she's that bad, you wouldn't need to post so incessantly about her...
Ace should never have to post about Obama then...
Posted by: dudeinsantacruz at March 16, 2011 10:29 AM (dGdcX)
$193 billion a year in tax revenue for 50 years? Does this sound even remotely plausible?
Counting the second and third order effects, yes.
Posted by: Circa (Insert Year Here) at March 16, 2011 10:29 AM (B+qrE)
In a way it is, they just hid it quite well.
Never before 2008 did they just make up that someone was dumb. Even the Dan Quayle "potatoe" thing was kind of a here-and-gone story. He actually got his rear-end handed to him in debates and things to make himself seem less than smart.
They tried with GWB, but it really didn't take: he had too much "evidence" to counter their lies and a stale potato chip could show up Al Gore in a debate.
The only thing Palin really has against her in that arena is the Couric interview, and then Tina Fey. Basically, they took a couple of "gotcha" questions (for which her then handlers should share some (not accept all, but share) of the blame) and a Saturday Night Lame skit and used it to defame her to millions of Americans.
To your more central point, however, you're right. The damage is done and needs to be undone. Where I tend to disagree with you is timing: I'm willing to trust her sense of timing until it proves untenable- at which point she'll lose the nomination and we can move on.
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 10:29 AM (8y9MW)
Posted by: Soothsayer at March 16, 2011 02:27 PM (uFokq)
Hell, he wasn't the only one. It seems Fred Thompson needed to nap between questions during his debates. I thought he had sleeping sickness.
Posted by: maddogg at March 16, 2011 10:30 AM (OlN4e)
Posted by: nickless at March 16, 2011 10:30 AM (MMC8r)
Posted by: nickless at March 16, 2011 02:30 PM (MMC8r)
Yep, some serious wonkery. I suspect that Fox contract prevents her from striking out on her own in video commentary, though.
Posted by: grognard at March 16, 2011 10:31 AM (NS2Mo)
Posted by: tangonine at March 16, 2011 10:31 AM (x3YFz)
Counting the second and third order effects, yes.
And real vs nominal is in play and with Obama inflation and tax hikes? Fugaddabouit
Posted by: dudeinsantacruz at March 16, 2011 10:32 AM (dGdcX)
Posted by: joncelli at March 16, 2011 10:33 AM (RD7QR)
Posted by: polynikes at March 16, 2011 10:33 AM (yKP4s)
No, and neither does the 54,700 jobs and $145 billion in payroll. That's $2.6 million per job.
Posted by: Waterhouse at March 16, 2011 10:34 AM (EDSBe)
Posted by: polynikes at March 16, 2011 02:26 PM (yKP4s)
Tits McGee....
Posted by: © Sponge at March 16, 2011 10:34 AM (UK9cE)
Posted by: ace at March 16, 2011 10:35 AM (nj1bB)
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 02:29 PM (8y9MW)
Let her throw her hat in the ring and see how she does. You can't win if you don't play. I think we might see a two or three more "quality" candidates (including Palin) declare this summer. A lot of people are seeing how weak the current crop of declared candidates are.
Posted by: Soona at March 16, 2011 10:35 AM (6RbV1)
Posted by: palerider at March 16, 2011 10:36 AM (dkExz)
Posted by: Lilikoi at March 16, 2011 10:36 AM (wfmlp)
Posted by: polynikes at March 16, 2011 02:33 PM (yKP4s)
Sorry.
That's the first one that came to mind.
I do think her supporters are called more names than she is, at least here. I have to say, "Palinista" is pretty damned inflammatory.
Posted by: grognard at March 16, 2011 10:36 AM (NS2Mo)
Posted by: joncelli at March 16, 2011 10:36 AM (RD7QR)
Al Sharpton?
Posted by: nickless at March 16, 2011 10:36 AM (MMC8r)
Posted by: Big Fat Meanie at March 16, 2011 10:36 AM (DPM1U)
I must protest this assertion! My plans and actions were peer-reviewed by Luddite scientists, the finest and most perspicacious scientists there are (they have feelings)!
Posted by: Preznint Splutnik at March 16, 2011 10:36 AM (UzjcV)
Posted by: maddogg at March 16, 2011 10:36 AM (OlN4e)
$193 billion a year in tax revenue for 50 years? Does this sound even remotely plausible?
I heard somewhere that all those numbers were not per year but for the total 50.
Posted by: Bosk at March 16, 2011 10:37 AM (pUO5u)
You can't use second and third order effects to make a case for this specific project, those would be effects generated by any oil sold. How in the hell can anyone predict a specific number like $193 billion/year for 50 years, without knowing what the specific price of oil will be for 50 years? They can't. Just because she is on our side doesn't mean these numbers are any more accurate than long term high speed rail projections or the cost of the Big Dig.
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 10:37 AM (+lsX1)
Posted by: blaster at March 16, 2011 10:37 AM (l5dj7)
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 02:26 PM (+lsX1
Yes, she is talking about Trillions of cubic feet of natural gas and over 100 Billion barrels of oil. Fed tax alone on gas is 15 cents a gallon plus Alaska has a seperate royalty paid to the state and distributed to the residents over and above the federal royalty that oil companies pay.
Posted by: robtr at March 16, 2011 10:38 AM (MtwBb)
Oh, and those NYT reporters missing, if they were kidnapped, maybe the captors heard the story of the payment for the guy in pakistan.
Posted by: Guy Fawkes at March 16, 2011 10:39 AM (kfP69)
What spin? I made factual points about YOUR argument. Others have also pointed out that she's saying these things as publicly as she can- and has been for 2 years.
If there is any spin, its from your camp that "she's not doing enough."
Come on, ace, I'm not saying she's perfect, and I've already agreed that she's the one who has to change the perception- no one else can do it for her. All I'm asking is that you consider the actual facts on the ground. The kind of statement you can put in a Blog, or a recorded address, or a speech is not something you can say on TV. It just isn't.
If you print out her statement in MS Word and convert to Double Space (I'm relatively certain other word processors would be the same, but I don't have any others) you get 3 + pages of statement. A rough estimate when reading a script (TV, Movies, Theater) is that 1 page = 1 minute. And that includes things that take up room like scene descriptions, entrance/exit instructions, and other notes. Even using that we're talking a full 3 minutes.
Now, she might get that in a debate. She would definitely get it in a monologue if she had her own show. Where else would she get 3 uninterrupted minutes of airtime?
What will get airtime is a statement of less than a minute- usually 45 seconds or less, and you can only really count on about a 10 - 15 second sound bite. You can't put forth a persuasive argument in 45 seconds. Not without using a lot of short-hand phrases and insider knowledge that would be lost on most of the people you're actually trying to convince.
You want her to sound smarter- we say she does, but you have to pay attention. Then you complain that we're spinning. I'm just really not sure how to respond to that, Ace, other than to say your definition of spin then includes any description of why, for example, global warming is a scam.
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 10:40 AM (8y9MW)
That would make more sense.
Posted by: Waterhouse at March 16, 2011 10:40 AM (EDSBe)
I can't read the Cuda without having shameful thoughts...
I'm sorry, its just the way it is. I don't know what I will do if Pam Bondi runs for higher office or becomes more prevelant on the national stage.
I need to say a prayer, but first...
Posted by: dananjcon at March 16, 2011 10:40 AM (pr+up)
Posted by: Lilikoi at March 16, 2011 10:40 AM (wfmlp)
I know it's a love or hate situation with Palin most of the time with pundits, but what does she have to do to convince the Ace's of the world?
Posted by: © Sponge at March 16, 2011 10:41 AM (UK9cE)
Posted by: grognard at March 16, 2011 02:24 PM (NS2Mo)
Yeah, I hope she parts ways with Fox soon. If she never does another interview with Hannity or that ignorant blowhard O'Reilly again it will be too soon. Ace is partly right, she needs to get on the networks and get her message out to a wider audience. It's a winning message, but that doesn't matter if more people don't hear it. And she could still do interviews with Fox. They'd be unpaid, but on the upside, she could tell O'Reilly to go fuck himself sideways with a pineapple next time he wants her on.
Posted by: ol_dirty_/b/tard at March 16, 2011 10:42 AM (IoUF1)
Posted by: Lefty Hussein McMoonbat at March 16, 2011 10:42 AM (U6MtO)
'Higher energy costs equal higher costs for everything -- everything runs on energy "
THIS Why can't the Republicans scream this from the rooftops?Jesus I hate fucking politicians.
One of the quickest ways to get this country back on track is to secure a steady supply of CHEAP energy.Energy is this countries lifesblood.Cheap energy will propel our economy despite the outright fucking retards we have in Washington.
When are we gonna tell the enviroweenies to fuck off and die already?
Posted by: vae victus at March 16, 2011 10:43 AM (oi4Yx)
I never understood why the DNC/MFM decided to geld Quayle. He never struck me as particularly presidential; kind of like a Repub Evan Bayhe. He definitely didn't deserve the shit those salad tossers threw at him (and the NPR fucksticks were particularly rabid about that; I don't know how many of my lib acquaintances wasted my fucking time by "informing" me that he was *really* that dumb, which they were mindlessly repeating from garbage like "Morning Sedition") but I never really understood the point. He certainly didn't energize Poppy Bush's campaign the way Teh Sarah did for "My Friends" death march.
Posted by: Captain Hate at March 16, 2011 10:44 AM (cQH/d)
Looking back, I read it as the total tax revenue for fifty years.
$195 billion would be quite a hall.
Posted by: Circa (Insert Year Here) at March 16, 2011 10:45 AM (B+qrE)
The point, here, Ace, is that just because you can't see any advantage doesn't mean she and her advisers can't. Or that she's not seeing something else that makes a big push right now a net disadvantage (or, at least, something she'd perceive as a disadvantage).
I don't know that. What I do know is that I'm willing to- based on the fact I know there's a brain in that skull because I've been reading her posts and articles on a variety of topics for the last couple of years- let her do what she thinks best and give her the benefit of the doubt.
I'm not saying its some master strategy that would have awed Sun Tzu or Tacticus, but I am saying that she's been victorious in several elections- and the one where she wasn't, she wasn't running the show.
So let's label perception problems as perception problems- and not conflate them with actual problems of capability, which you occasionally seem to do.
Posted by: AllenG (Dedicated Tenther) at March 16, 2011 10:47 AM (8y9MW)
Then how do you explain this quote?
LetÂ’s stop and think about this for a moment. Right now Beltway politicos are quibbling over cutting $61 billion from our dangerously bloated $3.7 trillion budget. Allowing drilling in the Chukchi and Beaufort seas will enrich federal coffers by $167 billion a year without raising our taxes.
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 10:47 AM (+lsX1)
The study she links says it's over fifty years, she's saying it's annually. That's horribly sloppy.
Posted by: Waterhouse at March 16, 2011 10:47 AM (EDSBe)
Posted by: John at March 16, 2011 10:48 AM (+czsU)
Posted by: polynikes at March 16, 2011 10:49 AM (yKP4s)
Posted by: jane at March 16, 2011 10:49 AM (B/WwP)
I can't figure out all the handwringing on Palin not addressing issues that face the country today.
She was out in front on the health care debate and led the charge against it.
She's been talking about more domestic energy production for 4 years now.
She predicted the food inflation before anyone else and was criticized for it in the WSJ and NYT who said it wasn't happening.
She has let us know her opinion on the middle east crisis whether or not you agree with it.
She was out in front of Obama on the Gulf Oil spill.
The only thing she had kept us in the dark on is her NCAA Picks and golf handicap.
If she runs she will either win the primary or not. Until then I will listen to what she has to say.
Posted by: robtr at March 16, 2011 10:49 AM (MtwBb)
Posted by: Waterhouse at March 16, 2011 10:49 AM (EDSBe)
Posted by: Waterhouse at March 16, 2011 10:51 AM (EDSBe)
Posted by: blaster at March 16, 2011 10:51 AM (l5dj7)
Posted by: maddogg at March 16, 2011 10:53 AM (OlN4e)
Posted by: joncelli at March 16, 2011 10:54 AM (RD7QR)
Reading some of these comments makes me believe that many people are basing their opinion of a candidate's electability on 2008 mentality and the screwy notion that the MFM will change their ways and give fair reporting to that "special someone" running against a dem.
Trust me folks. Whoever the repub candidate is (especially of they're conservative), will be trashed just as badly and meanly as Sarah was. Will all of you give up and start trashing the repub candidate too? From what I've seen from some of you, I'm afraid the answer would be yes.
There's a whole different election enviroment building up for 2012. It's going to be nasty, but I think enough Americans are awake this time around to see through much of it.
Posted by: Soona at March 16, 2011 10:54 AM (6RbV1)
Posted by: ace at March 16, 2011 10:56 AM (nj1bB)
Posted by: Berserker at March 16, 2011 10:56 AM (gWHrG)
Posted by: kansas at March 16, 2011 10:57 AM (mka2b)
A question many have asked but which bears repeating:
If Obama were not trying to fuck up America, what would he be doing differently?
Posted by: BDJ at March 16, 2011 10:58 AM (cUNcx)
Posted by: Soothsayer at March 16, 2011 10:58 AM (uFokq)
Posted by: Tom at March 16, 2011 10:59 AM (MWXXs)
Positive. Click on the study she links in the post. It says over 50 years.
Posted by: Waterhouse at March 16, 2011 10:59 AM (EDSBe)
I was on a trip with Quayle in Africa and he was a polished speaker who was actually pretty smart.
Thanks for the response, blaster. To your first question, I'm sure he was a midwestern choice to aid in electoral politics. To the rest, I'm sure you're correct with how smart he was and it was done to damage his future and ergo the future of the Repub party. But he did kind of wade into that trap by Lloyd Bentson, who is hopefully currently dangling from the end of the barbed cock of Satan for that gotcha bit of dogshit. But he didn't deserve most of the ridicule he caught throughout his career.
Posted by: Captain Hate at March 16, 2011 10:59 AM (cQH/d)
Posted by: ace at March 16, 2011 11:00 AM (nj1bB)
Little crap like that will come back to haunt her. You can be damn sure if she was running and in the limelight this would be front page news on every form of media. Is it a big deal to me? Maybe a little but not a deal breaker. If she does this often then yes. You can bet that the fence sitters that voted Obama in will get this drilled into their mush brain 24/7 though. She better tighten this kind of crap up quick if she is going to run.
Posted by: Bosk at March 16, 2011 11:00 AM (pUO5u)
Posted by: John at March 16, 2011 11:00 AM (+czsU)
Development of resources in the Chukchi and Beaufort seas off AlaskaÂ’s Arctic coast would create an average 54,700 jobs/year nationwide with a $145 billion total payroll and generate $193 billion in federal, state, and local revenue over 50 years, according to a study by Northern Economics Inc., AlaskaÂ’s largest private economic consulting firm, and the University of Alaska at AnchorageÂ’s Institute of Social and Economic Research.
Her mistake is more than a typo, she's making an argument for how obviously stupid the opposition is based on her own misreading of the article.
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 11:00 AM (+lsX1)
Trust me folks. Whoever the repub candidate is (especially of they're conservative), will be trashed just as badly and meanly as Sarah was.
True. I have long said that attempts by those of the McCain ilk to cozy up to the press are naive at best and suicidal at worst. They are not our friends--they are not impartial--they are actively on the other side. If anything, given the administration's treatment of the WH press corps, it's a relationship akin to that with an abused womn who continually runs back to her abuser.
Posted by: Circa (Insert Year Here) at March 16, 2011 11:01 AM (B+qrE)
I am SO tired of the "She resigned the governor" attack. Tell me do you honestly feel like Parnell --Sarah's Lt Gov, was not able to do a better job then Sarah hamstrung by a bunch of leftist lawsuits? Do you feel that it was harder for him to win in 2010 as the incumbent governor then it would have been for him to win as the Lt Gov to a lawsuit besieged Sarah?
I honestly feel that Sarah made the best choice for Alaska by resigning. It hurts Sarah a bit but I doubt if it hurts her much more than the general trashing the MarxSpewMedia has been allowed to get away with.
It's not a question of whether her resignation was the right thing to do for herself and/or Alaska. Right or wrong, the result is that she'll never be president until she wins elective office elsewhere.
The Palinistas don't want to believe that her resignation would cost her much at all, but outside of their home state of Fantasyland it's a big deal to resign from your first term in response to ethics charges. There's just no effective way to spin it that the general public would buy into.
Posted by: Hollowpoint at March 16, 2011 11:02 AM (SY2Kh)
Posted by: Circa (Insert Year Here) at March 16, 2011 11:03 AM (B+qrE)
Posted by: Lilikoi at March 16, 2011 11:04 AM (wfmlp)
I don't know which is worse:
1. ace re-enacting Hamlet in 5,000 word essays every time he ponders Palin. This one was good, though. Probably helps that he had something decent and substantive to work with.
2. Those Palinistas who take offense when anyone does not doff their caps and bow at the very mention of her name. Lighten up.
3. Those Non-Palinistas who feel compelled to nail themselves up on the cross and lament their martyrdom every time a Palin thread goes up. Poor you.
A round of enemas for all. On the house. Primary season is really gonna be hosed if this shit keeps up.
Posted by: A Balrog of Morgoth at March 16, 2011 11:06 AM (0IPsJ)
Posted by: Hollowpoint at March 16, 2011 03:02 PM (SY2Kh)
Says who? some rulebook somewhere?
She cannot win.
Posted by: Circa (Insert Year Here) at March 16, 2011 03:03 PM (B+qrE)
Only one way to find out.Posted by: Tom at March 16, 2011 11:07 AM (MWXXs)
Posted by: Islamic Rage Boy at March 16, 2011 11:08 AM (tvs2p)
Posted by: George Bearfell at March 16, 2011 11:09 AM (SZy+Y)
Posted by: joncelli at March 16, 2011 11:09 AM (RD7QR)
She did not resign in response to ethics charges.
Posted by: arhooley at March 16, 2011 11:09 AM (KWk5E)
Posted by: Tom at March 16, 2011 03:07 PM (MWXXs)
I don't think I'll wager the future of the country in 2012 on a crapshoot. Newt can't win, either, by the way. Ditto Hucky.
Posted by: Circa (Insert Year Here) at March 16, 2011 11:10 AM (B+qrE)
to any large extent, Nitpicking garbage while they are severing our carotid artery,
this administration has gone to the extent of falsifying research findings to impose the moratorium, shoveled money, left and right to QE 2, sold out an allies nuclear position, to curry favor with the Russians, good god, man,
Posted by: justin cord at March 16, 2011 11:12 AM (6UTk5)
Posted by: joncelli at March 16, 2011 11:12 AM (RD7QR)
Trust me folks. Whoever the repub candidate is (especially of they're conservative), will be trashed just as badly and meanly as Sarah was. Will all of you give up and start trashing the repub candidate too? From what I've seen from some of you, I'm afraid the answer would be yes.
I'm starting to think of right-wing pundits as the "al-Republica Martyr's Brigade, Crack Suicide Squad." I know competition improves the breed, but there's a line somewhere between competition and WWI-style trench warfare.
Unfortunately, as I've noted before, as a center-right country, *most* of he time it's the Republicans election to lose, and they're getting pretty practiced at it.
I'm certainly not saying we should eschew criticism, of course not, it's right and proper. But we probably ought to spend more time fighting our enemies than our allies... some days we do, and some days we don't.
There's a whole different election enviroment building up for 2012. It's going to be nasty, but I think enough Americans are awake this time around to see through much of it.
Posted by: Soona at March 16, 2011 02:54 PM (6RbV1)
Nah. We're boned.
Posted by: Merovign, Dark Lord of the Sith at March 16, 2011 11:13 AM (bxiXv)
Posted by: George Bearfell at March 16, 2011 03:09 PM (SZy+Y)
Yes in fact he was in full lecture mode about it. Of course there was no evidence to support this. Just Barry's usual BS.
Posted by: TheQuietMan at March 16, 2011 11:14 AM (1Jaio)
Posted by: George Bearfell at March 16, 2011 03:09 PM (SZy+Y)
Yes in fact he was in full lecture mode about it. Of course there was no evidence to support this. Just Barry's usual BS. and the MFM echoing their master's every word
Posted by: TheQuietMan at March 16, 2011 11:14 AM (1Jaio)
Posted by: joncelli at March 16, 2011 11:15 AM (RD7QR)
Posted by: Tom at March 16, 2011 03:07 PM (MWXXs)
Yup. The questions will start being answered in a few months. It's senseless to prognosticate on any one candidate right now. All I know is that whoever the repub candidate is will get the same vitriolic high colonic that Sarah got in 2008.
Posted by: Soona at March 16, 2011 11:15 AM (6RbV1)
Says who? some rulebook somewhere?
Says the public who overwhelmingly disapproves of her and has repeatedly made clear via polling that they'd much prefer Obama over Palin.
Posted by: Hollowpoint at March 16, 2011 11:18 AM (SY2Kh)
Posted by: blaster at March 16, 2011 11:18 AM (l5dj7)
I don't think I'll wager the future of the country in 2012 on a crapshoot. Newt can't win, either, by the way. Ditto Hucky.
Posted by: Circa (Insert Year Here) at March 16, 2011 03:10 PM (B+qrE)
Who can win? Anyone?
Posted by: Tom at March 16, 2011 11:20 AM (MWXXs)
Posted by: Hollowpoint at March 16, 2011 03:18 PM (SY2Kh)
"Insanity is sometimes defined as performing the same actions over and over again but expecting different results each time..."
Insanity shouldn't be a strategy or a platform.
Posted by: garrett at March 16, 2011 11:20 AM (yLQbc)
No one would have read it because reality is far less interesting than the number she made up.
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 11:22 AM (+lsX1)
For as long as there's been a hole in my ass, the Tastycrats have held an unfair advantage over the Fingerlicans in the media. I give props to Palin for her guerilla tactics. She's fighting on her own terms; she's choosing the battlefield and avoiding the kill boxes in the <insert generic media pseudomym here>.
I think part of the reaction of the Palin-hater is they don't get this at all. They want to look good on Meet the Press, and be liked by reporters- just like McCain was before he became "the candidate". If you can't win the game, why play? The only way to save the Kobayashi Maru, is to change the rules.
Posted by: Beefy Meatball at March 16, 2011 11:22 AM (YYaIP)
Posted by: Tim the Enchanter at March 16, 2011 11:22 AM (izA2D)
yeah that too, plus washing machines that don't work. Don't even get me started on these POS high efficiency machines.
Posted by: Berserker at March 16, 2011 11:22 AM (gWHrG)
Posted by: FRONT TOWARD LEFT at March 16, 2011 11:23 AM (Pzf4N)
Of course, once you take a look, they are unelectable.
Posted by: nickless at March 16, 2011 11:23 AM (MMC8r)
Posted by: kathleen at March 16, 2011 11:26 AM (Huxg6)
Posted by: Tim the Enchanter at March 16, 2011 03:22 PM (izA2D)
Nope. That's ManBearPig!
Posted by: Algore at March 16, 2011 11:26 AM (YYaIP)
Something that seems like it may have been missed here is that the reason Palin sounds so great regarding oil is that this is something she is especially expert in, due to her various experiences up in Alaska.
When I heard her speak during the Gulf oil spill, there was an unmistakable stark contrast between what she was saying should be done vs. what was actually happening. It was just blatantly obvious that if she had been involved there would have been some real leadership, and a lot of good things would have been happening (instead of just watching the oil advance, and figuring out how to make the crisis as big as possible, so as not to "waste it").
Another thing missed is that while there's a lot of oil to be had in the northern regions of Alaska, the Alaska Pipeline is in danger of being permanently shut down, due to lack of oil to pump through it.
The bottom line is that not only is Obama restricting oil production up there, but some of that restriction is illegal, and it is leading to the loss of an expensive and critical national asset.
Posted by: Optimizer at March 16, 2011 11:26 AM (2lTU+)
Posted by: alwaysfiredup at March 16, 2011 11:27 AM (UKAnE)
Posted by: Optimizer at March 16, 2011 11:28 AM (2lTU+)
She did not resign in response to ethics charges.
Explain?
Posted by: Hollowpoint at March 16, 2011 03:21 PM (SY2Kh)
What's to explain? She wasn't hired by the people of Alaska to defend herself.
Posted by: Tom at March 16, 2011 11:28 AM (MWXXs)
No, that's the original statement, and it's wrong.
Posted by: Waterhouse at March 16, 2011 11:29 AM (EDSBe)
Posted by: alwaysfiredup at March 16, 2011 11:29 AM (UKAnE)
For as long as there's been a hole in my ass, the Tastycrats have held an unfair advantage over the Fingerlicans in the media. I give props to Palin for her guerilla tactics. She's fighting on her own terms; she's choosing the battlefield and avoiding the kill boxes in the <insert generic media pseudomym here>.
Sure, she's fighting on her own terms... and "won" a 60% disapproval rating.
The MSM won, Palin lost- and all too often Palin willingly provided them the ammo with which to do it.
Every Republican candidate is going to get savaged by the MSM. The deciding factor is how that candidate handles it, and in the context of runing for president, she's not handled them well.
Posted by: Hollowpoint at March 16, 2011 11:30 AM (SY2Kh)
Posted by: alwaysfiredup at March 16, 2011 11:30 AM (UKAnE)
Posted by: Hollowpoint at March 16, 2011 11:34 AM (SY2Kh)
For as long as there's been a hole in my ass, the Tastycrats have held an unfair advantage over the Fingerlicans in the media. I give props to Palin for her guerilla tactics. She's fighting on her own terms; she's choosing the battlefield and avoiding the kill boxes in the <insert generic media pseudomym here>.
Sure, she's fighting on her own terms... and "won" a 60% disapproval rating.
The MSM won, Palin lost- and all too often Palin willingly provided them the ammo with which to do it.
Every Republican candidate is going to get savaged by the MSM. The deciding factor is how that candidate handles it, and in the context of runing for president, she's not handled them well.
Posted by: Hollowpoint at March 16, 2011 03:30 PM (SY2Kh)
Psst: The war's not over, Buckwheat. You sound like Dingy Harry.
Posted by: Beefy Meatball at March 16, 2011 11:35 AM (YYaIP)
Posted by: Tom at March 16, 2011 11:35 AM (MWXXs)
Posted by: alwaysfiredup at March 16, 2011 11:36 AM (UKAnE)
Well, if the 2011 polls say Zero will win reelection why bother even having an election in 2012? We should just give up now.
No, we nominate a candidate that wouldn't require divine intervention to succeed.
Posted by: Hollowpoint at March 16, 2011 11:36 AM (SY2Kh)
d. Watch her interviews on Fox Business with Eric Bolling or David Asman.
http://tinyurl.com/6hjckt5
e. Watch her Q&A with a Democrat interviewer on Long Island in February 2011.
http://tinyurl.com/6btdaq5
Posted by: hrh at March 16, 2011 11:36 AM (62LhM)
76; Justin the Journal reporter denied her statement about food costs rising to which she responded by highlighting their own article of the previous week. The Journal editorial page was in agreement with her take on the QE 2 issue and very complimentary of her grasp of it in comparison to other Republicans this side of Paul Ryan. see: http://tinyurl.com/33y3tth
Posted by: ndfan at March 16, 2011 11:37 AM (rqdEb)
Posted by: alwaysfiredup at March 16, 2011 11:37 AM (UKAnE)
Posted by: alwaysfiredup at March 16, 2011 11:38 AM (UKAnE)
Psst: The war's not over, Buckwheat. You sound like Dingy Harry.
She's had almost three years to achieve victory, but instead has given up ground almost every step of the way.
If nearly three years of book sales, reality TV shows, Facebook postings, TV interviews, speaking engagements and very high public exposure hasn't managed to turn her fortunes around, another 18 months is unlikely to affect a dramatic change in the voters perception of her.
Posted by: Hollowpoint at March 16, 2011 11:43 AM (SY2Kh)
Posted by: free at March 16, 2011 11:43 AM (dhVP+)
Let her try. If she fails she loses.
If she were to get the nomination and fail, we all lose.
Sarah Palin isn't the hill I want my country to die on.
Posted by: Hollowpoint at March 16, 2011 11:44 AM (SY2Kh)
"Um, as I've asked a dozen plus times: What conceivable advantage is there in waiting? What strategic advantage?"
She'll either fly or fall in the debates. There will be a record viewership.
BTW do you think that a cartel of oil rich billionaires would negotiate with a dimwit over the terms of a (seeded at) $40billion public/private works project? If you think Palin is "scattered" then could you provide me the resume of someone that's "together".
Posted by: BoxHeadBrawler at March 16, 2011 11:45 AM (51xYO)
Posted by: Rodney C. Johnson at March 16, 2011 11:45 AM (G/Eku)
Dear Jeezus,
Please let the Palin Bashers and the Palin Worshippers get over themselves and stick to discussing the thread topic (which is her take on how we should be drilling a lot more). Just this once. Please.
Amen
Posted by: Log Cabin at March 16, 2011 11:45 AM (0I193)
Posted by: alwaysfiredup at March 16, 2011 11:46 AM (UKAnE)
Posted by: BoxHeadBrawler at March 16, 2011 11:47 AM (51xYO)
Re how Palin "speaks on TV" -- she speaks just fine. We can hear her and understand her. No waffling, wavering, ummming, errrring, ahhhhing. No "hoity-toity" fancy phrasery. Simple, plain, crisp, clear.
That would be fine if she were making compelling, intelligent arguments in the process. From what I've seen, she hasn't been.
Posted by: Hollowpoint at March 16, 2011 11:47 AM (SY2Kh)
Dear Jeezus,
Please let the Palin Bashers and the Palin Worshippers get over themselves and stick to discussing the thread topic (which is her take on how we should be drilling a lot more). Just this once. Please.
Amen
Umm, OK.
We should be drilling a lot more, and the Obama administration is intentionally hindering our ability to do so.
Now what else would you like to talk about?
Posted by: Hollowpoint at March 16, 2011 11:49 AM (SY2Kh)
Posted by: tsj017 at March 16, 2011 11:50 AM (vOH26)
For such a bad candidate, folks can't quit her.
Posted by: Tom at March 16, 2011 11:51 AM (MWXXs)
Posted by: grognard at March 16, 2011 11:52 AM (NS2Mo)
"That would be fine if she were making compelling, intelligent arguments in the process."
What argument has she not been expressing in a clear way for you? What subject are you confused about her position on?
Posted by: BoxHeadBrawler at March 16, 2011 11:54 AM (51xYO)
She's had almost three years to achieve victory, but instead has given up ground almost every step of the way.
If nearly three years of book sales, reality TV shows, Facebook postings, TV interviews, speaking engagements and very high public exposure hasn't managed to turn her fortunes around, another 18 months is unlikely to affect a dramatic change in the voters perception of her.
Posted by: Hollowpoint at March 16, 2011 03:43 PM (SY2Kh)
I stand corrected. You sound like Ace. It's be just like that whiny bitch to use different handles to try to support his lame-assed positions.
Posted by: Button Pusher at March 16, 2011 11:54 AM (YYaIP)
Hey Ace, put up a thread about T-Paw, and see how many comments you get.
For such a bad candidate, folks can't quit her.
Such a thread would largely consist of the Palinistas swarming in to tell us how much Pawlenty (or any other candidate not having the initials "SP") sucks in comparison to the Only Woman Who Can Save America (pbuh).
Happens every time, and a lot of us are fucking tired of it.
Posted by: Hollowpoint at March 16, 2011 11:56 AM (SY2Kh)
But when those making it trip themselves up with:
245 hollow point
"That would be fine if she were making compelling, intelligent arguments in the process."
...it stops being the perception of the public at large that's the problem, and rather the perception of those who refuse to pay attention when proof is offered that they are ridiculous.
Posted by: grognard at March 16, 2011 11:57 AM (NS2Mo)
Posted by: Dr. Pissy Panties at March 16, 2011 11:59 AM (qxcKC)
No, no. I'll get more specific then that -Cap and Trade switch.
Also, didn't he bomb out at those Iowa debates or something? I didn't watch and I don't no anyone who did.
Posted by: BoxHeadBrawler at March 16, 2011 12:01 PM (51xYO)
She also has to amend this claim:
Allowing drilling in the Chukchi and Beaufort seas will enrich federal coffers by $167 billion a year without raising our taxes.
Posted by: Waterhouse at March 16, 2011 12:01 PM (EDSBe)
She also has to amend this claim:
Allowing drilling in the Chukchi and Beaufort seas will enrich federal coffers by $167 billion a year without raising our taxes.
Posted by: Waterhouse at March 16, 2011 04:01 PM (EDSBe)
Agreed. It's obvious she read "over" as "for" and paraphrased accordingly.
Posted by: grognard at March 16, 2011 12:05 PM (NS2Mo)
And actually, just replacing "for" with "over" doesn't correct it. There's still that pesky "a year" in there. It also dramatically reduces the force of her argument the second time she brings it up, since in context of $3.7 trillion budget, and even the $61 billion in spending cuts, the extra $3.3 billion in tax revenue drilling brings in seems pointless to mention.
Posted by: Waterhouse at March 16, 2011 12:06 PM (EDSBe)
>> it stops being the perception of the public at large that's the problem, and rather the perception of those who refuse to pay attention when proof is offered that they are ridiculous.
Then 65% of the electorate apparently aren't paying attention.
Which does not surprise me, by the way. The question that begs to be asked is "what can she do differently to change that?"
Reality TV didn't seem to help in this regard.
Now if you'll excuse me, me and my dick have another session with the trunk lid.
Posted by: Dave in Texas at March 16, 2011 12:07 PM (WvXvd)
Now if you'll excuse me, me and my dick have another session with the trunk lid.
Posted by: Dave in Texas at March 16, 2011 04:07 PM (WvXvd)
Daddy?
Posted by: Chevy Volt at March 16, 2011 12:08 PM (YYaIP)
What argument has she not been expressing in a clear way for you? What subject are you confused about her position on?
It's not a matter of making her positions clear- I generally know what they are, and agree with them.
The problem is that she presents them in a Hannity-style manner of banal talking points that have almost no chance of convincing anyone who doesn't already agree 100%. Preaching to the choir with simple policy positions isn't good enough.
The last interview I saw was on Hannity (of course) talking about NPR. Her entire arguement was that the O'Keefe tape showed that they were biased, and we should cut their funding because of our high national debt. There was just no "there" there.
Did I agree with her position? Sure, but I agreed beforehand. Would anyone who was undecided about funding NPR have been persuaded by her argument? No.
Posted by: Hollowpoint at March 16, 2011 12:10 PM (SY2Kh)
Posted by: Ted Kennedy's Gristle Encased Head at March 16, 2011 12:10 PM (+lsX1)
Such a thread would largely consist of the Palinistas swarming in to tell us how much Pawlenty (or any other candidate not having the initials "SP") sucks in comparison to the Only Woman Who Can Save America (pbuh).
Happens every time, and a lot of us are fucking tired of it.
Posted by: Hollowpoint at March 16, 2011 03:56 PM (SY2Kh)
Then refute with why "X" is better than Palin. It's not hard to do if you believe in this person.
Who is this mythical candidate you keep hoping for anyway?
Posted by: Tom at March 16, 2011 12:10 PM (MWXXs)
Posted by: alwaysfiredup at March 16, 2011 12:11 PM (UKAnE)
You would think, as a former governor, the claim that this project would single-handedly increase annual tax revenue by a factor of six would have sparked enough skepticism to read the actual article she linked to (or maybe even the study that the article was reporting on). It did for me and I don't even live there.
What do you know about Alaska Math?
Nothing!
Leave Sarah alone...Just Leave Her ALONE!!!
Posted by: PALINISTO! at March 16, 2011 12:12 PM (yLQbc)
Posted by: alwaysfiredup at March 16, 2011 12:13 PM (UKAnE)
Posted by: Tom at March 16, 2011 12:14 PM (MWXXs)
Posted by: WINNING! at March 16, 2011 12:18 PM (nEa/y)
...it stops being the perception of the public at large that's the problem, and rather the perception of those who refuse to pay attention when proof is offered that they are ridiculous.
Except she's also failed to impress a lot of us who have been paying attention.
There seems to be a bit of projection amongst the Palinista set. What I've been seeing is the belief that "If only people knew Palin like I know Palin, they'd love her too!"
Problem is, most people aren't going to form the emotional attachment to a political candidate that the Palinistas have.
Posted by: Hollowpoint at March 16, 2011 12:19 PM (SY2Kh)
Hollow point -258
OK, so you agree with her , almost always, on policy. You just don't like the way she says it. You think she can't convince enough people to have the same rational, sensible opinions as she does. Though you concede that she is almost always right and there are many (even republicans) who are wrong on crucial issues, she has not driven the debate. OK. It's not an endorsement but it's not so bad.
Posted by: BoxHeadBrawler at March 16, 2011 12:21 PM (51xYO)
Posted by: alwaysfiredup at March 16, 2011 12:24 PM (UKAnE)
If she's on Hannity, then she's already preaching to the choir. Might as well give 'em what they want. In a real campaign she would not be limited to Hannity and Fox etc.
This goes back to what Ace was saying- if she's capable of doing so much better in a "real campaign", why would she be holding back now? Why not make compelling arguments now in order to change the negative perception so many people have of her?
Are you suggesting that she's intentionally dumbing down her interviews and appearances now because she's saving her full brilliance for later? That she just doesn't want to expend the energy?
Why not prove the critics (like myself) who don't believe she's especially bright to be wrong now if she's so capable of doing so?
Posted by: Hollowpoint at March 16, 2011 12:26 PM (SY2Kh)
Get aboard The Palin Express folks!
Why?
*She has The Steel-Spine to apply the 'spending brake' to this bus that is headed for a cliff.
*She has the CAJONES to reform Entitlements. (ONLY one to endorse Paul Ryan's plan as a START in the discussion)
*She understands that ENERGY POLICY is the maneuvre that will do the '180deg turn' and head the bus AWAY from the cliff.
*She knows WHAT is required and HOW it is to be accomplished re: Energy policy
You have heard of "Government - OF The People, BY The People, FOR The People?"
Well, get ready for ....
ENERGY -
OF America
BY America
FOR America!
CUDA 2012!!!
Posted by: exodus2011 at March 16, 2011 12:31 PM (gk83A)
Posted by: alwaysfiredup at March 16, 2011 12:33 PM (UKAnE)
"Are you suggesting that she's intentionally dumbing down her interviews and appearances now"
NistaBots aren't arguing that. We don't see her as dumbing down anything. It's a dumbed down tv show with a time limited format. You judge her in a way that you don't judge others.If you think "brilliant" "new" things are being said on BOR,Meet the press or Charlie Rose then you need to ... you don't need to do anything. Look, people talk often about things in my profesion on tv but I never expect to learn anything from it. Palin is an advocate and she advocates opinions I agree with.
Posted by: BoxHeadBrawler at March 16, 2011 12:35 PM (51xYO)
Aaurgh!
It's not "global warming" that makes oil above the Arctic Circle available for extraction, it's an oil price around $100 per bbl and improved drilling technology that makes the oil available....but mainly $100 per bbl oil.
Ice in the Arctic continues to do what it has always done...melt and refreeze. Oil companies have build artificial islands out of gravel to allow them to drill in extreme ice flow conditions. The price just wasn't right to justify it when there were cheaper wells to be drilled in more hospitable operating conditions.
Posted by: On-a-hair-trigger-for-comparing-Ace-to-Charles-Johnson at March 16, 2011 12:42 PM (CzyDl)
Posted by: blaster at March 16, 2011 12:48 PM (l5dj7)
HP: "Resigning in response to ethics complaints (bogus or not) doesn't inspire confidence in that regard."
SP resigned due to the fact that the ethics complaints (all filed by democrat operatives) filed against her had cost HER (not the AK government or the GOP) six-figures in legal fees.
Posted by: TheThinManReturns at March 16, 2011 12:50 PM (W3XUk)
Posted by: alwaysfiredup at March 16, 2011 04:33 PM (UKAnE)
She had more than enough time to make a compelling argument; it wasn't a quick 30 second interview.
For instance, it wouldn't have taken long at all to make a better argument such as:
"We're $14 Trillion dollars in debt, and we're facing some tough spending decisions that will require significant cuts. There may have been a time when funding the likes of NPR and PBS made some degree of sense; when we first began funding these organizations there was no Internet, 24 hour cable news, talk radio was largely non-existant, and most Americans only had a few TV channels to choose from."
"Today, Americans have many sources of information and opinion available to them 24 hours a day. NPR and PBS now have an abundance of private competition, and we can no longer afford to go deeper into debt to fund unnecessary, redundant government programs."
That was just off the top of my head, but I think it would've been far more compelling (and no lengthier) than the rather mindless response I saw her give.
Posted by: Hollowpoint at March 16, 2011 12:56 PM (SY2Kh)
SP resigned due to the fact that the ethics complaints (all filed by democrat operatives) filed against her had cost HER (not the AK government or the GOP) six-figures in legal fees.
I know, though at the time she employed the Jake Blues defense, offering multiple explanations for her resignation.
Every politician facing ethics complaints claims to be the innocent victim of a political witch hunt, guilty or not. That it happened to be (mostly) true with Palin doesn't much matter; there's just no way to spin it in such a way that it won't be viewed as a huge negative for her.
An opponent could easily counter "If these charges were as frivolous as you claim, why did you find it necessary to spend such a great deal of money defending against them?" Isn't it true that you yourself championed the ethics law which you complain prevented you from using special interest money in your defense?"
Posted by: Hollowpoint at March 16, 2011 01:04 PM (SY2Kh)
Look at her resume, PLEASE. The wonks and pros in the Mcain camp saw every bit of media she ever did. She maintains a base is all 50 states. She is invited to speak all around the world to the best, brightest, richest. She draws ratings whenever she does a tv appearance.
This is not a criticism of you because I'm prob just like you but neither of us could make a better argument in the public arena then Palin or any other national political aspirant about anything "off the top of our head".
Posted by: BoxHeadBrawler at March 16, 2011 01:10 PM (51xYO)
You're right there. She should have probably had a better response prepared but everyone makes mistakes.
Posted by: BoxHeadBrawler at March 16, 2011 01:12 PM (51xYO)
Mostly? I was under the impression that all the complaints had been dismissed as being without merit.
Bring the knowledge please.
Posted by: toby928™ at March 16, 2011 01:36 PM (GTbGH)
Did you mention her high pitched voice today or is that to come in some future insightful observation?
Get a grip guy - she's just a private citizen. She has no authority over anyone or anything. Nothing she does can harm you, me, or the country. The same cannot be said of Mitch Daniels, Chris Christie, or the senate Rs.
Posted by: VADM (Red) Cuthbert Collingwood RN at March 16, 2011 01:48 PM (tdneu)
Posted by: Blake at March 16, 2011 02:29 PM (8wyay)
Mostly? I was under the impression that all the complaints had been dismissed as being without merit.
Bring the knowledge please.
IIRC, the found against her regarding her attempt to raise money for her defense, and something with the Troopergate thing. Don't remember the details, but those complaints weren't completely meritless, though minor.
Posted by: Hollowpoint at March 16, 2011 02:31 PM (SY2Kh)
Hollowpoint is either the chairman of the local flat earth society or Ace in disguise trying to boost his numbers by provoking Team Palin. Whoever he is, debating this guy is a lot like debating a duck. No matter how much evidence you show the duck, you won't ever get it to do anything other than quack.
"I love her so much isn't she awesome she's the greatest thing ever" isn't "evidence", duder.
Posted by: Hollowpoint at March 16, 2011 02:33 PM (SY2Kh)
"I love her so much isn't she awesome she's the greatest thing ever"
but...but, Alaska...!!e!eventy!!!11!
Posted by: Palinisto! at March 16, 2011 02:51 PM (YzDK6)
Posted by: trotter at March 16, 2011 03:08 PM (eg6Rm)
Posted by: Jeffrey S at March 16, 2011 03:36 PM (Vc2BQ)
SP resigned due to the fact that the ethics complaints (all filed by democrat operatives) filed against her had cost HER (not the AK government or the GOP) six-figures in legal fees.
Posted by: TheThinManReturns at March 16, 2011 04:50 PM (W3XUk)
It cost the state of AK almost $2mil in less than 6 months. How much would it have cost her state over the next 2 years? We know the frivolous suits would have continued.
Posted by: Steph at March 16, 2011 03:45 PM (AkdC5)
Posted by: Steph at March 16, 2011 03:46 PM (AkdC5)
Posted by: Hollowpoint at March 16, 2011 05:04 PM (SY2Kh)
Nice that you attempted to sneak in that lie regarding special interest money. Would you like to elaborate on that lie? It should be amusing.
Posted by: Steph at March 16, 2011 03:52 PM (AkdC5)
ItÂ’s been five years since Shell purchased the lease to develop these fields, but itÂ’s been mired in a regulatory funk courtesy of the Obama Administration. After investing $3.5 billion in exploration programs (a significant portion of which went to ensuring responsible spill response and prevention), Shell announced last month that it has given up hope of obtaining the required permits...
But PotUS has the answer, following the lead of John Kerry he will fine them for those years when they did not drill in the leased ares, and use the money to put ip windmills.
Posted by: John A at March 16, 2011 04:24 PM (RHmyy)
Anti-Palin:concedes and leaves the ring.
Palin wins by opponent concession.
Posted by: BoxHeadBrawler at March 16, 2011 04:26 PM (sAZXb)
No, we nominate a candidate that wouldn't require divine intervention to succeed.
Posted by: Hollowpoint at March 16, 2011 03:36 PM (SY2Kh)
Seriously, fucking name one. HP
Posted by: A. Weasel at March 16, 2011 04:26 PM (EAsus)
I agree.
P.S. Not sure that "duder" is an English word.
Posted by: VADM (Red) Cuthbert Collingwood RN at March 16, 2011 04:40 PM (ZTn9N)
Posted by: yakima canutt, in below the sexy shoes at March 16, 2011 07:34 PM (tXbf1)
Posted by: at March 16, 2011 07:53 PM (4zU2i)
If you're a normal profit-seeking enterprise, the usual rule is that "ordinary and necessary" expenses to produce that revenue can be deducted against the revenue that results (Internal Revenue Code, section 162). If it is "ordinary and necessary" to drill three holes in the ground in order to get a producing well, then they're all deductible.
There was even a court case in which a pusher argued that the costs to obtain his illegal drugs should be allowed as a deduction against his illegal drug sales. He won. (The Feds have tinkered with the law somewhat subsequently.)
Virtually all that complicates the tax accounting for oil and gas interests relates to the timing and limitations of these deductions (mostly stalling the timing for political reasons). For instance, Intangible Drilling Costs are "all expenses incident to and necessary for the drilling of wells and the preparation of wells for the production of oil, gas, or geothermal energy that are neither for the purpose of tangible property nor part of the acquisition price of an interest in the property." This would be labor, fuel, materials, transportation costs, supplies, truck rent, repairs and depreciation of drilling equipment -- but may not include casing materials and production gear. Such IDC's may be expensed or depreciated. If you're an integrated oil company, you have to capitalize 30% for no apparent reason other than you're sitting there with a bunch of money. If you decide to expense it, and you're rich, you have to treat the difference between expensing and depreciating as if it were income for Alternative Minimum Tax -- because you're a stuck-up rich oil-grubbing bastard. If you decide to depreciate it because you're tired of being tagged and taxed as a "stuck-up rich oil-grubbing bastard" or "integrated oil company sitting on a pile of cash", you are allowed to write it off if you can prove that the well is completely worthless (***kisses***). In each case, you're not getting anything beyond what the basic rule might allow, but the timing and regulatory compliance become quite complicated.
Posted by: cthulhu at March 16, 2011 10:01 PM (kaalw)
Posted by: Spurwing Plover at March 17, 2011 10:53 AM (vA9ld)
Ace is now coming to the realization that Palin is going to run for the nomination and walk away with it; especially if Huckabee doesn't run.
He doesn't want to look like a fool when this happens, so he is gradually praising her while still writing some criticisms so he looks more even handed.
Posted by: Amjean at March 17, 2011 12:21 PM (cFItm)
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Posted by: Christopher Taylor at March 16, 2011 09:49 AM (61b7k)