Topic: A funny thing happened, Russia's economy imploded.
started by: alcitizens
Posted by alcitizens on Dec. 17 2014,9:11 am
Sorry, Putin. Russia’s economy is doomed< http://www.washingtonpost.com/blogs...-simple >
Republicans were recently worshiping Vladimir Putin as the almighty leader of the world..
How's that man crush working for ya?
Posted by Self-Banished on Dec. 17 2014,10:11 am
Who are the repubs that were praising him?Be careful when you back an animal into a corner
Posted by Botto 82 on Dec. 17 2014,12:26 pm
Russia's current economic woes stem from actions on OPEC's part. Enjoy that B-roll of distressed-looking Russian folk and low U.S. gas prices. When the other shoe drops, it will be footage of idled rigs, dried-up North Dakota shale oil boom towns, and distressed-looking laid-off workers.
Posted by alcitizens on Dec. 17 2014,12:35 pm
(Self-Banished @ Dec. 17 2014,10:11 am)
QUOTE
Who are the repubs that were praising him?
Be careful when you back an animal into a corner
Be careful when you back an animal into a corner
You're pinned in a corner like the dirty dog that you are and my site is.. BANG!!
Maddog posted this on March 18th, 2014:
Obama needs to resize his "mom jeans" if he thinks he can handle Putin.
Self Banished posted this picture on March 3rd, 2014:
Posted by alcitizens on Dec. 17 2014,12:49 pm
(Botto 82 @ Dec. 17 2014,12:26 pm)
QUOTE
Russia's current economic woes stem from actions on OPEC's part. Enjoy that B-roll of distressed-looking Russian folk and low U.S. gas prices. When the other shoe drops, it will be footage of idled rigs, dried-up North Dakota shale oil boom towns, and distressed-looking laid-off workers.
Yes but Americans will have billions of US dollars to spend on Christmas instead of gasoline.. Yee Haw!
GDP should get a healthy bump..
Posted by MADDOG on Dec. 17 2014,12:56 pm
Remember he kind of saved Bambino's ass in Syria. Bambino is scared as he11 of him. That has to please repubs.Alki has probably been reading the < Daily KOS >.
Posted by Self-Banished on Dec. 17 2014,1:01 pm
(alcitizens @ Dec. 17 2014,12:35 pm)
QUOTE
You're pinned in a corner like the dirty dog that you are and my site is.. BANG!!
Is this a threat?
Posted by alcitizens on Dec. 17 2014,1:28 pm
(Self-Banished @ Dec. 17 2014,1:01 pm)
QUOTE
(alcitizens @ Dec. 17 2014,12:35 pm)
QUOTE
You're pinned in a corner like the dirty dog that you are and my site is.. BANG!!
Is this a threat?
Take it anyway you want..
Posted by Self-Banished on Dec. 17 2014,1:42 pm
(alcitizens @ Dec. 17 2014,1:28 pm)
QUOTE
(Self-Banished @ Dec. 17 2014,1:01 pm)
QUOTE
(alcitizens @ Dec. 17 2014,12:35 pm)
QUOTE
You're pinned in a corner like the dirty dog that you are and my site is.. BANG!!
Is this a threat?
Take it anyway you want..
You seem to making these somewhat veiled threats towards me lately, you should probably back them up or go away like the coward your are.
Posted by alcitizens on Dec. 17 2014,1:49 pm
(MADDOG @ Dec. 17 2014,12:56 pm)
QUOTE
Remember he kind of saved Bambino's ass in Syria. Bambino is scared as he11 of him. That has to please repubs.
Alki has probably been reading the < Daily KOS >.
Alki has probably been reading the < Daily KOS >.
You under-estimate the power of the US President..
He just weakened the radical right-wing ideology of Iran and Russia with nothing more than an agreement with Saudi Arabia to sell cheap oil only to the US..
Bam!!
Assad gave up all chemical weapons so he wouldn't end up like Gaddafi..
< View on YouTube >
Posted by alcitizens on Dec. 17 2014,2:03 pm
(Self-Banished @ Dec. 17 2014,1:42 pm)
QUOTE
You seem to making these somewhat veiled threats towards me lately, you should probably back them up or go away like the coward your are.
Do not fear grasshopper, fear only takes away from internal peace.. May peace always be within you..
Posted by Self-Banished on Dec. 17 2014,2:38 pm
^^what an assclown. 
Posted by Common Citizen on Dec. 17 2014,8:24 pm
(Botto 82 @ Dec. 17 2014,12:26 pm)
QUOTE
Russia's current economic woes stem from actions on OPEC's part. Enjoy that B-roll of distressed-looking Russian folk and low U.S. gas prices. When the other shoe drops, it will be footage of idled rigs, dried-up North Dakota shale oil boom towns, and distressed-looking laid-off workers.
I agree. The local shill's (aka alcitizens) man crush on Obama has warped his perception of events.
On top of OPEC's actions or rather inaction, it was bi-partisan legislation written by a Republican dominated congress and then signed by Obama, in conjunction with sanctions from the EU that has had some affect, imo.
Venezuela's economy is also in trouble. Why? Not because of Obama but because of the oil market.
Posted by Common Citizen on Dec. 17 2014,8:39 pm
QUOTE
Earlier this week, the ruble suffered catastrophic losses as traders continued to fret over the combined impact of low oil prices and Western sanctions over Russia's involvement in Ukraine's crisis.
< Huffington Post >
Posted by Liberal on Dec. 18 2014,10:22 am
Alcitizen should know by now that you morons believe anything bad happens it's Obama's fault, and if anything good happens Obama had nothing to do with it.
Posted by Self-Banished on Dec. 18 2014,10:35 am
^^pretty much 
Posted by alcitizens on Dec. 27 2014,9:47 pm
Right-Wing Republican kooks should learn something from a President that accomplishes more with less cost to the American people.. Attack the wallet of Russia and Iran..American's pay dearly when bombs start to fly..
Russia's Economic Crisis: Can Putin Be Saved By His Own Propaganda?
< http://www.nbcnews.com/news...n275496 >
Posted by alcitizens on Jan. 16 2015,2:59 am
Here's How President Obama Is Using the 'Oil Weapon'—Against Iran, Russia, and ISISThe Obama administration has appropriated it as a major tool of foreign policy, a new way to go to war with nations it considers hostile without relying on planes, missiles, and troops.
< http://www.motherjones.com/politic...an-isis >
Posted by alcitizens on Jan. 16 2015,3:41 am
Saudi Arabia Cuts Light Oil Prices in the U.S.< http://www.wsj.com/article...0481452 >
Posted by grassman on Jan. 16 2015,11:39 am
As I have always said, Oil Is Power! Like it or not.
Posted by Marneman on Jan. 17 2015,2:26 am
I for one never praised Putin. He is a two bit Stalin wanna-be, former member of the KGB, who may drag the world into another world war. Best thing that could happen would be if someone over there got rid of this idiot!
Posted by Common Citizen on Jan. 17 2015,9:40 am
(grassman @ Jan. 16 2015,11:39 am)
QUOTE
As I have always said, Oil Is Power! Like it or not.
You got that right. OPEC is trying to protect there market share from U.S. competition. The lower the prices the less appealing it is for oil companies to want to make infrastructure investments in this country that can lead to total independence.
Alci would like you to believe that it's some grand master plan drummed up by Obama to break Russia.
Posted by alcitizens on Jan. 18 2015,4:18 am
A recent estimate by the International Monetary Fund, Deutsche Bank and Fitch Rankings reported Russia needs the global oil price at $98 a barrel to cover its budgetary expenditures. Venezuela's "break even" price is about $117.50 a barrel and Iran's is even higher -- $130.70. < http://www.foxnews.com/politic...ngerous >
Posted by alcitizens on Jan. 18 2015,4:27 am
In the first two weeks of the year, when Russia was on holiday, the rouble fell by 17.5% against the dollar. Inflation is up into double figures. The price of oil, Russia’s main export, has slid below $50 a barrel, prompting economists to revise their forecasts down. GDP is now expected to contract by between 3% and 5% this year. Russia’s credit rating is moving inexorably towards junk.< http://www.economist.com/news...orms-it >
Posted by alcitizens on Jan. 18 2015,4:57 am
The US dollar has soared a staggering 96 percent against the Russian ruble since June 30. < http://abcnews.go.com/Busines...8282841 >
Posted by Self-Banished on Jan. 18 2015,6:45 am
(alcitizens @ Jan. 18 2015,4:57 am)
QUOTE
The US dollar has soared a staggering 96 percent against the Russian ruble since June 30.
< http://abcnews.go.com/Busines...8282841 >
< http://abcnews.go.com/Busines...8282841 >
Though it is true that our dollar is stronger, it's mainly because other nations currency is weakening. Leave it to ABC's spin to make it look better than it actually is.
On the darker side of this situation US manufacturing will be slowed because of fewer exports and our trade deficit will grow again because import goods will be cheaper.
On the bright side of this I'll profit because the bulk of what my trucks haul is import.
Posted by grassman on Jan. 18 2015,8:10 am
In other words, up, down, frontwards, backwards, this way, and that way, we are always going to be in a bad way?
Posted by Self-Banished on Jan. 18 2015,8:40 am
(grassman @ Jan. 18 2015,8:10 am)
QUOTE
In other words, up, down, frontwards, backwards, this way, and that way, we are always going to be in a bad way?
No, we should strive for an equilibrium, call it the zeroth law of thermal dynamics for economics.
Posted by alcitizens on Jan. 19 2015,11:35 am
(Self-Banished @ Jan. 18 2015,6:45 am)
QUOTE
Though it is true that our dollar is stronger, it's mainly because other nations currency is weakening.
No sh!t Sherlock..
Posted by Self-Banished on Jan. 19 2015,11:50 am
^^^ woke up on the wrong side of the bottle this morning???😜
Posted by alcitizens on Jan. 19 2015,12:33 pm
(Self-Banished @ Jan. 19 2015,11:50 am)
QUOTE
^^^ woke up on the wrong side of the bottle this morning???😜
I am done with your dumbass.. I will never read something stupid from you again without you getting the Wrath of Alki.. Pack your bag and find somebody that enjoys listening to your sh!t.. This is a warning..
I might get kicked out before I run your dumbass off.. I don't care..
Posted by Self-Banished on Jan. 19 2015,1:42 pm
^^I'm starting to sense a trend here. 
Posted by alcitizens on Jan. 19 2015,1:45 pm
(Self-Banished @ Jan. 19 2015,1:42 pm)
QUOTE
^^I'm starting to sense a trend here.
Do you sense this loser?
Take a hike..
Posted by irisheyes on Jan. 19 2015,11:38 pm
(Common Citizen @ Jan. 17 2015,9:40 am)
QUOTE
Alci would like you to believe that it's some grand master plan drummed up by Obama to break Russia.
I don't know if anyone thinks that this is a master plan of Obama's. But it certainly throws out the GOP talking points and scare tactics when it comes to oil. For example, we don't need to sacrifice the environment (ANWR or the Ogallala Aquifer) in order to get cheaper gas or become a net exporter of oil.
< Reuters: U.S. crude exports highest since '57 >
As for "total independance", I'm sure you realize that because of global trade there's no such thing. If the oil gets cheaper the companies will just send it elsewhere. We're a net exporter for the first time in over 50 years but we didn't see the price decline until the global price declined.
< EIA: Oil Exports Chart by Year >
Like I said, Obama doesn't deserve the credit, but it proves that the nation can do just as well (better actually) on the subject of energy independence and the economy with Democrats holding the Oval Office and either or both houses of Congress. Thanks to new technology we've beat Repubs on both subjects and they were kicking and screaming the whole way saying it would never happen without drilling in ANWR and building the XL phase of the pipeline.
I guess all those "pipe-dreams" (pun intended) weren't needed.
Posted by irisheyes on Jan. 19 2015,11:55 pm
(Common Citizen @ Jan. 17 2015,9:40 am)
QUOTE
The lower the prices the less appealing it is for oil companies to want to make infrastructure investments in this country that can lead to total independence.
Maybe today, but they've been drilling those wells and putting money in that infrastructure for a few years now, the wells and the oil under the Bakken aren't going to run away because of a temporary drop in crude. If anything it will give the Dakotas time to catch up on public infrastructure and housing needs.
Posted by Self-Banished on Jan. 20 2015,5:04 am
(irisheyes @ Jan. 19 2015,11:38 pm)
QUOTE
(Common Citizen @ Jan. 17 2015,9:40 am)
QUOTE
Alci would like you to believe that it's some grand master plan drummed up by Obama to break Russia.
I don't know if anyone thinks that this is a master plan of Obama's. But it certainly throws out the GOP talking points and scare tactics when it comes to oil. For example, we don't need to sacrifice the environment (ANWR or the Ogallala Aquifer) in order to get cheaper gas or become a net exporter of oil.
< Reuters: U.S. crude exports highest since '57 >
As for "total independance", I'm sure you realize that because of global trade there's no such thing. If the oil gets cheaper the companies will just send it elsewhere. We're a net exporter for the first time in over 50 years but we didn't see the price decline until the global price declined.
< EIA: Oil Exports Chart by Year >
Like I said, Obama doesn't deserve the credit, but it proves that the nation can do just as well (better actually) on the subject of energy independence and the economy with Democrats holding the Oval Office and either or both houses of Congress. Thanks to new technology we've beat Repubs on both subjects and they were kicking and screaming the whole way saying it would never happen without drilling in ANWR and building the XL phase of the pipeline.
I guess all those "pipe-dreams" (pun intended) weren't needed.
Oil prices aren't going to stay low forever, it would be nice to have the infrastructure in place for when the prices do rise again.
< http://www.usatoday.com/story...1865975 >
I don't think we're going to see $5 gas but enjoy what we have for now.