Liberals like to draw conclusions first, then determine the causes that fit them. Bill O’Reilly does this whenever he talks about oil prices or oil speculators. Tonight on the “No Spine Zone” he went back to this nonsense about speculators controlling the market:
“Speculators run it up, then they run it down.”
Bill, why don’t the speculators just “run” the stock market in one direction? Why don’t they just run it up and up and up? Everyone’s 401k will increase, Americans will be happier, and they’ll be richer.
Bill’s answer would be, “Well they can’t run it up forever.”
“Why can’t they Mr. O’Reilly?”
“Because the market won’t let them.”
And that’s the only thing that controls the market: the market itself.
These magical speculators he pontificates about get hosed probably around 50% of the time (as you would expect). Not to mention O’Reilly is a speculator. I’m a speculator… you’re a speculator (if you own any stocks or buy anything). You speculate every week that gas prices won’t go up. That’s why you don’t hedge yourself by buying oil stocks. The profits of oil going up could offset your gasoline costs, if only you weren’t SPECULATING it wouldn’t go up, you evil SPECULATOR!!!
From Sep.17, but I didnt have time to comment on it then…
This is how you paint a liberal into a corner. Neil Cavuto, Fox’s business news anchor, dominates Bill O’Reilly in a debate about oil companies “gouging the folks.” Cavuto’s simple math falls on O’Reilly’s deaf liberal ears.
http://www.youtube.com/watch?v=v1f7ICTAdVw
O’Reilly didn’t bother to thank oil companies when oil tripled but gas didn‘t. What “compassion” they showed! O’Reilly’s perfectly entitled to be ignorant of market oil prices, but instead he pretends to be an expert, while ignoring stats that show gas prices do not increase, or decrease, at the same rate as oil prices.This is simple math! You don’t have to be an oil guru to understand it.
He acts as though there are no processes between pulling oil out of the ground and putting it in our tanks. Just because the price of a barrel of oil went up does not mean the price to refine it did as well, or the price to market it on TV, etc. A portion of the price of a gallon of gas will remain relatively constant while the price of an oil barrel may be dipping and climbing. This causes disproportianate changes in the two prices.
Cavuto concluded with a statement everyone should be taught in school: “Government cures are worse than the disease they address.”
And yes, I called Bill O’Reilly a liberal. Watch his show for a week. Anyone who calls him a conservative obviously doesn’t actually listen to what he says.
I am flabbergasted that Harry Reid isn’t the laughing stock of the country when he makes idiotic statements like this:
“Coal makes us sick, oil makes us sick, it’s ruining our country, it’s ruining our world.”
Harry, you and your useless liberals hacks spend all your time whining and moaning about things that make non-clear smoke when burned, but remain unconcerned with reality. Oil runs our economy. Oil is great. The industrial revolution accelerated our quality of life beyond our wildest dreams.
And coal, you ignorant, childish twit, is half of what runs every ventilator, every refrigerator, every light bulb. If you plug it in, it runs on coal. The hospitals, the schools, the government buildings, and especially the casinos in your home state, run mostly on coal-generated electricity. Your simplistic, irrational, self-important facade of propaganda against oil and coal is making this country worse every time you and your liberal do-gooders try to wean the country off the two main fuels of prosperity that the world knows.
Telling us oil and coal makes us sick is like telling us oxygen makes us sick because it fuels fires. If only humans would breathe something else, then we could get rid of oxygen and fires would be less likely to burn. It’s irrelevant. Wind and solar power cannot keep up with fossil fuels. Its just physics. Whining about it doesn’t change anything. If there are other sources of energy, why don’t you stop whining and start producing it? I can’t wait to be rid of dictator-controlled oil, but until you give us an alternative, a real, viable alternative, then we’re gonna keep using oil and coal because we can’t run without it. You and your liberal friends are what make oil so expensive, not Exxon executives who are 3% of the market. Your bureaucratic nonsense is making the prices way too high. You are a disease.
Dennis Miller sums up Harry Reid quite nicely.