- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Posted on 7/17/17 at 3:33 pm to Machine
Try this one Machine.
Did you even read your article or did some libtard reference you to it?
Every date I gave you was before 1916 except the East Texas strike of 1930!
Both your earliest examples are NOT subsidies! May I suggest you go to a library and check out an economics 101 text book!
As a progressive/socialist here's a freebie:
sub·si·dy
's?bs?de/
noun
1.
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
"a farm subsidy"
Or in plain English the government takes taxes from other tax payers and gives it to a favored business. Example: Obama giving some of your tax money to Solyndra and they piss away over a half billion dollars!
Now in your example, in 1916, the government allowed them to accelerate their depreciation on equipment. This allows them to claim expenses already spent a little faster than some shite for brains politician thought they should have originally.
Letting a person or company keep more of their earnings is NOT a subsidy!
Nice try though. Machine at the plate, count is 0-1, swing and a miss!
Did you even read your article or did some libtard reference you to it?
quote:
Similarly, several measures to aid oil companies passed in the early 1900s remain of key importance to the industry, Healey notes. These include one provision passed in 1916 to speed up depreciation of drilling costs. A second one, the oil depletion allowance, which became law in 1926, gives oil companies a tax break for depleting an oil reservoir. President Obama has sought to end these breaks but has been overwhelmed by the opposition from industry and its congressional allies.
Every date I gave you was before 1916 except the East Texas strike of 1930!
Both your earliest examples are NOT subsidies! May I suggest you go to a library and check out an economics 101 text book!
As a progressive/socialist here's a freebie:
sub·si·dy
's?bs?de/
noun
1.
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
"a farm subsidy"
Or in plain English the government takes taxes from other tax payers and gives it to a favored business. Example: Obama giving some of your tax money to Solyndra and they piss away over a half billion dollars!
Now in your example, in 1916, the government allowed them to accelerate their depreciation on equipment. This allows them to claim expenses already spent a little faster than some shite for brains politician thought they should have originally.
Letting a person or company keep more of their earnings is NOT a subsidy!
Nice try though. Machine at the plate, count is 0-1, swing and a miss!
Posted on 7/17/17 at 3:37 pm to Gaspergou202
Man, how would the Standard Oil Trust, which controlled 90% of the nation's refined oil supply by the end of the 1870's, have possibly made it without getting all of those depreciation accelerations in 1915?
This post was edited on 7/17/17 at 3:43 pm
Posted on 7/17/17 at 3:47 pm to bmy
quote:
Uh.. are you forgetting the tax breaks and subsidies that started in like 1915? Not to mention the energy subsidies and land grants in timber and coal in the 1800s
No I didn't! Do you think a tax break and a subsidy are the same thing?
Did you notice that the natural gas industry started about 100 years before your "like 1915" erroneous date?
Did you also not try this math. 1916 - 1859 = 57. Get a calculator man! Free-market forces have brought basic models to one dollar. I guess you're waiting for a free-shite government subsidized one!
So long before the rise of the Progressives in early 1900s, real men created a revolutionary industry from scratch by working hard for 60+ years.
It takes a village to raise an idiot, congratulations bmy for spouting "fake moronic facts"!
Posted on 7/17/17 at 3:48 pm to Gaspergou202
Setting aside some of your all's complete willful ignorance to the long and storied history of oil industry malfeasance, preferential treatment, and corruption, the biggest subsidy for oil is almost never mentioned: The U.S. Military.
More specifically, The 7 trillion dollars(adjusted for inflation) spent over 3 decades in the Persian Gulf and throughout the world to ensure the un-interrupted flow of the international oil market. On an annual basis we spend billions(roughly 240 billion) in military spending that is explicitly purposed to secure and maintain oil shipments. Depending on how motivated some of our forays into middle eastern conflicts is driven by oil, that number is likely even higher.
More specifically, The 7 trillion dollars(adjusted for inflation) spent over 3 decades in the Persian Gulf and throughout the world to ensure the un-interrupted flow of the international oil market. On an annual basis we spend billions(roughly 240 billion) in military spending that is explicitly purposed to secure and maintain oil shipments. Depending on how motivated some of our forays into middle eastern conflicts is driven by oil, that number is likely even higher.
This post was edited on 7/17/17 at 3:50 pm
Posted on 7/17/17 at 4:02 pm to bonhoeffer45
quote:
Another person that skipped the class on negative externalities
Ah! A social Marxist economist!
How about this? A socialist like you, takes over half billion tax dollars from profitable enterprises, and gives it to Solyndra to piss it away.
What were the social consequences for those that got nothing for something?
What were the social cost of those who could have maybe done something with the something for nothing pissed away by politicians that know even less than a Marxist economist?
What was the cost of the lost economic opportunities of the proven successful enterprises?
Hard to find a job in the old Soviet block, comrade?
Posted on 7/17/17 at 4:07 pm to SlowFlowPro
quote:
it's becoming more and more clear that the reason why Europe was so upset with the US pulling out was that we'd stop helping to pay the subsidies to the developing countries
Bing-Mutherfukking-O!
Posted on 7/17/17 at 4:16 pm to Gaspergou202
quote:
No I didn't! Do you think a tax break and a subsidy are the same thing?
Did you notice that the natural gas industry started about 100 years before your "like 1915" erroneous date?
1915 was for oil subsidies in the U.S.
Also, tax breaks are subsidies.. at the least they accomplish the same thing. A higher bottom line for company X.
Posted on 7/17/17 at 4:17 pm to The Pirate King
quote:
I have a really hard time believing this includes the exorbitant cost of buying, repairing, and replacing solar panels and wind turbines. Especially on a level where they would be producing for cities of millions.
Are you under the impression that coal and natural gas plants don't require expensive maintenance also?
Posted on 7/17/17 at 4:20 pm to Bison
Sounds like a win win for America and paris supporters.
We meet the the requirements of the Paris Climate deal and still keep our money in the United States of America and they get the USA honoring the deal without actually being a part of it.
The Paris Deal was nothing more than a glorified welfare redistribution scam and we had lefties on here shilling for it.
We meet the the requirements of the Paris Climate deal and still keep our money in the United States of America and they get the USA honoring the deal without actually being a part of it.
The Paris Deal was nothing more than a glorified welfare redistribution scam and we had lefties on here shilling for it.
Posted on 7/17/17 at 4:23 pm to Bison
How many wind turbines would it take to power America if we relied on wind alone?
His math was done assuming 40% efficiency for each turbine, which is a higher efficiency than coal or solar.
quote:
To answer that question, AWEA's manager of industry data analysis, John Hensley, did the following math: 4.082 billion megawatt-hours (the average annual US electricity consumption) divided by 7,008 megawatt-hours of annual wind energy production per wind turbine equals approximately 583,000 onshore turbines.
In terms of land use, those 583,000 turbines would take up about the total land mass of Rhode Island, Hensley says, because wind projects typically require 0.74 acres of land per megawatt produced.
His math was done assuming 40% efficiency for each turbine, which is a higher efficiency than coal or solar.
Posted on 7/17/17 at 4:24 pm to Gaspergou202
Negative externalities are not an economic concept in dispute.
The fact you are trying to frame them as some Commie construct says everything right there.
How best to deal with the problem when they arise does have some deviation in thought, but that's about the extent of it.
The fact you are trying to frame them as some Commie construct says everything right there.
How best to deal with the problem when they arise does have some deviation in thought, but that's about the extent of it.
This post was edited on 7/17/17 at 4:26 pm
Posted on 7/17/17 at 4:27 pm to Haughton99
Why don't we just go to nuclear and call it a day?
Posted on 7/17/17 at 4:28 pm to bmy
quote:
Also, tax breaks are subsidies.. at the least they accomplish the same thing
You're confused.
Posted on 7/17/17 at 4:30 pm to Haughton99
quote:
Are you under the impression that coal and natural gas plants don't require expensive maintenance also?
Are you under the impression that they are comparable?
Posted on 7/17/17 at 4:32 pm to stelly1025
quote:
So if the free market is allowing renewable energy to become so cheap than why did we need to put billions in the Paris Climate Accord? I think you are too stupid to see you just agreed with President Trump.
And what about wind credits? Tons of wind credit money flowing to these companies
Posted on 7/17/17 at 4:33 pm to Dale51
You can get into semantic pissing matches but when you confer a set of tax code benefits to only a select group of people, there is not much functional difference.
You could add a layer of bureaucracy and collect the tax and then make a direct cash payment to the selected group, or you can decide to just not tax a part of their income and produce essentially the same thing.
There are trade offs in both scenarios but you are functionally aiming for the same thing.
You could add a layer of bureaucracy and collect the tax and then make a direct cash payment to the selected group, or you can decide to just not tax a part of their income and produce essentially the same thing.
There are trade offs in both scenarios but you are functionally aiming for the same thing.
This post was edited on 7/17/17 at 4:34 pm
Posted on 7/17/17 at 4:34 pm to bonhoeffer45
quote:
Setting aside some of your all's complete willful ignorance to the long and storied history of oil industry malfeasance, preferential treatment, and corruption, the biggest subsidy for oil is almost never mentioned
Ummm......
We were talking subsidies my man. Why don't you bring valuable information to the table and show how subsidies CREATED the oil and gas industries!
Malfeasance is a human condition. All organizations suffer from it internally. Weak my man, very weak.
Preferential treatment and corruption like Solyndra are also natural human conditions that occur when government, bribes, subsidies, and business form an unholy alliance known as cronie capitalism! All small government advocates find it abhorrent!
The old Blood for Oil mantra? Sophomoric nonsense!
How much oil did we steal from the ME? 0!
Name the tax breaks and subsidies we give for purchasing ME oil.
How does ME production increase American production?
And finally if some all powerful entity seeks oil profits, why did they allow crude prices to drop from extremely highly profit at $120 a barrel fall to $50?
Posted on 7/17/17 at 4:36 pm to bonhoeffer45
Gaspergous owning motherfrickin communists up in this bitch.
Left right left right and down goes Vladimir!
Left right left right and down goes Vladimir!
Posted on 7/17/17 at 4:41 pm to GeauxxxTigers23
quote:
Why don't we just go to nuclear and call it a day?
Should have done this 40 years ago. No logical reason that almost all of our electrical power isn't nuclear.
Popular
Back to top
Follow TigerDroppings for LSU Football News