Suppose the theories of the “experts” are correct. How long before major investments in Oman to build terminals that remove the Strait of Hormuz from the equation? I would bet it is before Iran becomes a superpower.
Wondering if it would be possible to constrain shipments of energy originating in the U.S. by also imposing an export fee here? If so, would this then birth a new and separate domestic energy market. One added alongside the WTI or Brent Crude indices? One that would result US energy consumers having a lower energy cost than others?
Hello, Bill. One of your antagonists—Ed Burns—just provided a reasoned and fact-driven response instead of screaming TDS! TDS!! TDS!!!—with no facts, no reasoned rebuttal, no sense.
That should be welcomed. Can you address it tomorrow?
It is an interesting thought experiment isn’t it? A tariff on our own producers, using public lands for extraction instead of tariffs on all foreigners imports. I wouldn’t think that this move would be unconstitutional as has been ruled for foreign nations tariffing as a congressional responsibility. BTW; I don’t consider myself as Bill’s antagonist - only as someone who pays close attention and will question closely, as well.
Your President is a loose cannon. It can't all be blamed on age, still, a 28th amendment to make a presidential candidate no older than 70 years on taking office, might be worth some thought.
Tom, we’re trying to figure that out. Is it the guy who gave all those inspiring talks about peace and prosperity throughout 2024? Or is it the blood thirsty, sadistic monster that wants to exterminate anyone and everyone who doesn’t adore him and wish to ply him with over the top gifts? Or is it Netanyahu and HIS fanatic friends?
- ensure Iran never gets a nuclear weapon (NOT DONE YET).
The Hormuz thing is a tactical rather than strategic objective. As is regime change - Trump has said regime change would be nice, but if the current regime agrees to become a civilized nation that no longer tries to export ideology and violence, that's fine too.
Finally, the laws of economics apply here still. A usurious transit fee will result in pipelines from Kuwait and Saudi Arabia across the arabian peninsula to the Red Sea. Yes, will take years (some are already there though), but if Hormuz becomes too expensive or risky, alternatives will appear.
So before we leave, if the mullahs are still in charge we have no choice but to destroy their oil industry. You assume that they will have control of 20% of the world market. I predict closer to zero. If not us, the Israelis will do it. They have their own survival to worry about.
So the thing is this....now we regard Bill Bonner as credible and biased as MSNBC and CNN. Sigh. His right to opinions but not facts or his version of History distorted or half truths. He is who he is. I always say an independent is a Democrat with a white sheet over his head and an Isolationist is just a pacifist with another white sheet over his head. And both are folly and suicide by policy. Disaster for nation and the world.
Bill has TDS and feigns objectivity. FALSE. Bill is ALWAYS negative like EEYORE in Winnie The Pooh. Must be bore to be around and everyone just avoids him at parties.
NEVER POSITIVE. Always academic elitist and hypocritical. Feigned populist. He owns farms and plays farmers, like his ROOTS but along the way the Georgetown Crowd got to him and he went LEFT and ANTI WAR and ANTI GOVERNMENT and now is a hopeless crank. Thank GOD he isnt a domestic nihilist and anarchist, YET. And so we just roll our eyes, ignore mostly but also PUSH BACK so he doesnt get the notion his ideas are accepted or acceptable or liked. And people have the RIGHT to push back.
I dont like Hegseth either for MANY reasons. Trump is TRUMP and his rhetoric is humorous and sometimes odious and offensive but at the end of the day HE WAS ELECTED and HE HAS THE RESPONSIBILITY and ENORMOUS PRESSURE and so long as HE is doing his best and what is best for NATION with ADVICE from counselors (some good, some bad and some indifferent or weak) we have to give TRUMP his day and let him BE TRUMP AND BE PRESIDENT and DECIDER IN CHIEF. OUR CONSTITUTION SAYS SO. DESPITE WHAT BILL SAYS.
Rope-a-Dope was the essence of expediency, trading the long term viability for short term relevance. After a prolonged and dreadful physical decline, Muhammad Ali died with a marshmallow for a brain. Any takers? Best always. PM
Suppose the theories of the “experts” are correct. How long before major investments in Oman to build terminals that remove the Strait of Hormuz from the equation? I would bet it is before Iran becomes a superpower.
Wondering if it would be possible to constrain shipments of energy originating in the U.S. by also imposing an export fee here? If so, would this then birth a new and separate domestic energy market. One added alongside the WTI or Brent Crude indices? One that would result US energy consumers having a lower energy cost than others?
Hello, Bill. One of your antagonists—Ed Burns—just provided a reasoned and fact-driven response instead of screaming TDS! TDS!! TDS!!!—with no facts, no reasoned rebuttal, no sense.
That should be welcomed. Can you address it tomorrow?
It is an interesting thought experiment isn’t it? A tariff on our own producers, using public lands for extraction instead of tariffs on all foreigners imports. I wouldn’t think that this move would be unconstitutional as has been ruled for foreign nations tariffing as a congressional responsibility. BTW; I don’t consider myself as Bill’s antagonist - only as someone who pays close attention and will question closely, as well.
Your President is a loose cannon. It can't all be blamed on age, still, a 28th amendment to make a presidential candidate no older than 70 years on taking office, might be worth some thought.
Carl, if you don't mind, who is your president?
Tom, we’re trying to figure that out. Is it the guy who gave all those inspiring talks about peace and prosperity throughout 2024? Or is it the blood thirsty, sadistic monster that wants to exterminate anyone and everyone who doesn’t adore him and wish to ply him with over the top gifts? Or is it Netanyahu and HIS fanatic friends?
PM, Albanese.
Bill says there are no clearly defined goals for this war. Bullshit!! The administration has clearly and repeatedly defined four goals:
- destroy Iran's air force (DONE)
- destroy Iran's Navy (MOSTLY DONE)
- destroy Iran's ballistic missile infrastructure (MOSTLY DONE)
- ensure Iran never gets a nuclear weapon (NOT DONE YET).
The Hormuz thing is a tactical rather than strategic objective. As is regime change - Trump has said regime change would be nice, but if the current regime agrees to become a civilized nation that no longer tries to export ideology and violence, that's fine too.
Finally, the laws of economics apply here still. A usurious transit fee will result in pipelines from Kuwait and Saudi Arabia across the arabian peninsula to the Red Sea. Yes, will take years (some are already there though), but if Hormuz becomes too expensive or risky, alternatives will appear.
So before we leave, if the mullahs are still in charge we have no choice but to destroy their oil industry. You assume that they will have control of 20% of the world market. I predict closer to zero. If not us, the Israelis will do it. They have their own survival to worry about.
So the thing is this....now we regard Bill Bonner as credible and biased as MSNBC and CNN. Sigh. His right to opinions but not facts or his version of History distorted or half truths. He is who he is. I always say an independent is a Democrat with a white sheet over his head and an Isolationist is just a pacifist with another white sheet over his head. And both are folly and suicide by policy. Disaster for nation and the world.
Bill has TDS and feigns objectivity. FALSE. Bill is ALWAYS negative like EEYORE in Winnie The Pooh. Must be bore to be around and everyone just avoids him at parties.
NEVER POSITIVE. Always academic elitist and hypocritical. Feigned populist. He owns farms and plays farmers, like his ROOTS but along the way the Georgetown Crowd got to him and he went LEFT and ANTI WAR and ANTI GOVERNMENT and now is a hopeless crank. Thank GOD he isnt a domestic nihilist and anarchist, YET. And so we just roll our eyes, ignore mostly but also PUSH BACK so he doesnt get the notion his ideas are accepted or acceptable or liked. And people have the RIGHT to push back.
I dont like Hegseth either for MANY reasons. Trump is TRUMP and his rhetoric is humorous and sometimes odious and offensive but at the end of the day HE WAS ELECTED and HE HAS THE RESPONSIBILITY and ENORMOUS PRESSURE and so long as HE is doing his best and what is best for NATION with ADVICE from counselors (some good, some bad and some indifferent or weak) we have to give TRUMP his day and let him BE TRUMP AND BE PRESIDENT and DECIDER IN CHIEF. OUR CONSTITUTION SAYS SO. DESPITE WHAT BILL SAYS.
Rope-a-Dope was the essence of expediency, trading the long term viability for short term relevance. After a prolonged and dreadful physical decline, Muhammad Ali died with a marshmallow for a brain. Any takers? Best always. PM