GRG55 will require a new Job

[Mega]

....I ask round the office for you.

https://www.express.co.uk/finance/personalfinance/1222279/pension-fund-bbc-news-radio-4-today-guest-edit-finance-news-bank-of-england-mark-carney

Mike

[GRG55]

Re: GRG55 will require a new Job

....I ask round the office for you.

https://www.express.co.uk/finance/personalfinance/1222279/pension-fund-bbc-news-radio-4-today-guest-edit-finance-news-bank-of-england-mark-carney

Mike

Appreciate the concern Mike.

But when COP26 rolls around, Greta may choose to sail into the Firth of Clyde and then boat up the river to attend. But I'll bet a goodly number of the participants (including the insufferable Prime Minister of this colony) will be jetting in on private planes, to push their way to the international podium of pontification.
Those jets don't run on fairy dust. Just ask Justin

How many private jets does Justin Trudeau need for his vacation?

Barrett Wilson, 24 hours ago

How many private jets does Justin Trudeau need for his (Christmas) vacation in Costa Rica?

Twitter users have been pondering just how many trips Canadian government issued planes took in order to ensure the Canadian PM made it to Costa Rica and back safe.

Even Bryan Passifume of the Toronto Sun has noted that “An RCAF Challenger 601 … is headed north over the Florida everglades, maybe Prime Minister Trudeau and family returning home from their Christmas vaycay? Keeping an eye out for the other one”

Trudeau has already been criticized by the Canadian public for flying private while U.K. Prime Minister Boris Johnson saved British taxpayers tens of thousands by opting to fly economy on his Christmas vacation to St. Lucia...

We aren't about to stop using hydrocarbons any time soon. And short of cutting the world's population in half instantly, I have every expectation that human nature will ensure there isn't anywhere near enough behaviour change, by enough people, fast enough to meet any of the lofty carbon reduction targets the COP26 shrimpfest will announce.

Justin is going to hit us in Alberta with a carbon tax that will add an estimated 7 cents per litre of gasoline (petrol to you Brits) at midnight tomorrow. I seriously doubt it's going to make a material change in aggregate behaviour. It's a high enough tax to irritate, but not enough to actually contribute anything meaningful to saving the planet. Hypocrites. The whole lot of them.

Maybe I am just getting cranky in my old age.

[Mega]

Re: GRG55 will require a new Job

WAs in work today (Intel reports can be very boring).........I did some deep thinking on this.

I tried not to go down the "Alex Jones" path, but what is their game?
They have ZERO real interest in the well being of the Earth, so this is power/wealth/money....Greed.

The Banks want total control, the IMF itself has said it wants EVERYONE to pay it taxes, they did try the carbon credit scam....I got phoned every 5 mins a few years about by a company try to get me to "invest" carbon credits...............

There appear to be two "interested parties":-

Progressive/Soros/Greta:- Cental Taxes electric everything (kill the $)

Rep/Trump/oil:-Business as usual/ pay for it in $

Who will win?

Meantime:-
https://www.carscoops.com/2019/12/ir...-cars-by-2030/

Be careful of what Eletric means, if its simply a car that has an eletricified power train eg Hybrid then nothing to see here, if they mean 100% EV then iys a worry. The 3rd World will enjoy all that cheap BTU's of energy!
Mike

[jk]

Re: GRG55 will require a new Job

i've been buying energy related stocks [producers, pipelines, etc] over the last 6-8 mos. i don't think we're about to go off hydrocarbons anytime soon.

look at tobacco companies - totally unnecessary, increasingly scorned in the developed world for many years, decreasing sales, increasing profits.

[touchring]

Re: GRG55 will require a new Job

i've been buying energy related stocks [producers, pipelines, etc] over the last 6-8 mos. i don't think we're about to go off hydrocarbons anytime soon.

look at tobacco companies - totally unnecessary, increasingly scorned in the developed world for many years, decreasing sales, increasing profits.

I've only owned TOT, BP (previously) and SU.

GRG55 brought up XOM but the XOM chart looks terrible. The stock has been dropping since 2016 and they pay out 130% of their earnings as dividend. CVX looks better?

[touchring]

Re: GRG55 will require a new Job

https://www.cnbc.com/2020/01/06/sole...-silliman.html

Wow, if there's a problem in Iraq, oil companies that are in Iraq will have problems. Similarly, if the persian gulf is blocked. It's getting complicated.

[Woodsman]

Re: GRG55 will require a new Job

...It's getting complicated.

Naw, man. It's sixty dimensional chess. Blindfolded. With no grid squares and identically sized pieces played while wearing oven mitts. Hold my beer.

It's a goddamn clown show is what it is. It's starting to dawn on the wizards of smart in the National Security Council, State Department, and DoD that they're actually going to have to chomp down hard on the giant sh!t sandwich they've made for themselves. In between the transparent attempts to shift blame around, the Pentagon can't seem to keep from pissing down their pant legs.

The New York Times reported yesterday that Trump apparently picked the "wrong" item from a list of possible courses of action that the military had presented him. "Aw Hell, we pointed to the Shrimp with Lobster Sauce, but he picked the Szechuan Beef! What the Hell! We put the three little hot pepper icons right there next to it, but he did it anyway! What do we do now?"



Of course, that sounds like some bullshit invented to take blame away from Trump and to put it onto the military. Meanwhile, someone leaks to the Washington Post today that the idea to kill Soleimani came from Secretary of State Pompeo. During his election campaign Trump didn't even know who Soleimani was, so it sounds more like an attempt to blame the Foggy Bottom Manatee for the consequences of Trump's decision.

And now the Pentagon has released a letter informing Iraq that it is "preparing for onward movement" out of respect for Iraq's "sovereign decision to order our departure." Only now the SecDef and the Chairman of the JCS are saying it was a mistake, and a poorly worded one at that. Sorry, our bad; do over. Filing error. We're not leaving.

Meanwhile, Trump sounds more and more unhinged, saying notice of attack will come from his Twitter feed (WTF?!?!). He's issuing threats willy-nilly, to Iran and now even to Iraq. "Do our will or I'll bomb you, I swear I will. Kick us out and we'll sanction the sh!t out of you. And anyway, we're not leaving until you pay us cash for the war we started. And I'll bomb Persepolis, too. You watch. I mean it, man. I'm serious. DO YOU HEAR ME?!?!"



You have to wonder if Trump finally realizes how Bibi played him for a sucker. Bent him over the proverbial barrel without so much as a reach around. The idea to assassinate Soleimani had to come from Netanyahoo. He must have planted it into Trump's head quite a while ago. Israel had the chance to kill Soleimani several times while he was openly traveling in Syria. But they got cold feet because they didn't want to deal with the consequences. So they got their favorite bag holder across the Atlantic to do it for them. And now come to find out, Soleimani was in Baghdad not to organize more attacks on Americans and US interests, but on a goddamn peace mission to de-escalate with the Saudis! Apparently the Israelis couldn't stomach that, so they got Trump to off him for them. Hyman Roth has nothing on these guys.



It's chaos in the American councils of war and state, with all the players jockeying for a chair before the music stops, leaking ass covering lies to whatever reporter will listen. And things are deteriorating daily. The Iraqi parliament has told us to pound sand and get out. And there is nothing Trump can do to keep the troops in Iraq. If he ignores the Iraqi government, the Popular Militia Forces will attack the U.S. bases and evict the U.S. military by force, one body bag at a time. Probably a couple or three a day starting around mid-summer and culminating, oh I don't know, maybe possibly sometime around 4PM EST on November 3rd of this year?

Meanwhile, Iran is keeping its cards close. But everyone understands that time is on their side. It probably won't tweet what kind of operation it will use to avenge the death of its national hero. They'll just do it and time it for maximum political damage to Trump. It will likely be some asymmetrical operation against the U.S. military somewhere around the globe. And certainly it will be a big one. And now the pinpricks begin the thousand cuts. Three dead in attacks in Africa. Hizbullah says it's joining the pig pile. It's already a disaster, and we're not even a week out from the event.

Earlier I called the probability of war at 80% to 20%, only after listening to the idiotic threats made by both Pompeo and Trump and the clusterfart at the Pentagon, I have to raise it to 90% to 10% in favor of war. But we may as well drop bombs on ourselves, the good it will do reversing the inevitable outcome. We can't win a tit for tat game of escalation because that plays right into the Iranian's best game. We can't invade Iran under any feasible plan that doesn't end in disaster. We've gamed it and lost, already. It's a non-starter. And we're not equipped to fight off another insurgency in Iraq while the Iraqi government resists us at the same time. The so-called surge was a failure and there's zero political will to give it one more try. Especially if met with physical resistance from the militias, aided and equipped by Iran and backed up by a Gandhi style non-violent resistance from the government and the populace. The optics would be horrible and we'd lose at every turn even if we won every battle and skirmish.



Sure, we can lock up or murder the present Iraqi government and install puppets. But that will only make us look even worse than we already are. And we can bomb. Oh Hell yes, we can bomb around the clock. But in short order we'd face global condemnation and isolation. And all the Iranians have to do is merely threaten to sink any ship that enters the Straits of Hormuz (as if that's all they'll do) and oil goes through the roof, tanks the economy, and maybe even triggers the collapse of a couple of German and Italian banks, setting off a global economic contagion. All the Iranians have to do is come out of their hidey holes in the morning, clean up the rubble, bury the bodies, brew some tea, and hunker down for the next night. And the next. And the next. Until we quit and they win. It's all possible now, thanks to these brilliant Neocon dumbf*cks.

The best, really the only thing Trump has left that has any hope of pulling our nuts out of the fire is declaring victory, bringing the boys home, and having his big beautiful parade. And after that, sneaking the boys out the back door from Syria while nobody's looking. If he did that, he could actually change the game. He certainly would walk to re-election. But he won't. He can't. And if it happens that he still doesn't understand just how stuck he is, well it's clear from the chaos and recriminations at State and DoD that they sure as Hell do.