RANT: Venezuela’s Oil Fantasy?

Saturday, February 14, 2026

https://internationalman.com/articles/venezuelas-oil-fantasy-meets-physical-reality/

Venezuela’s Oil Fantasy Meets Physical Reality
by Chris MacIntosh

My friend Tracy Schuchart makes the point well:

“Canada exports 4.3M bpd to the US. Venezuela’s entire production is 23% of what Canada already ships.

The rebuild timeline is a decade minimum, likely longer. Rice University’s Monaldi says at least 10 years and $100+ billion in investment to get back to 4 million bpd. PDVSA itself says $58 billion just for pipelines that haven’t been updated in 50 years. That’s before you drill a single new well.

Here’s the part markets are missing: Trump doesn’t control the oil. The VP who hates the US is in charge. No stable pro-Western government means no foreign investment. Nobody’s pouring $100 billion into a country run by someone hostile to them. The whole supply increase story requires political stability that doesn’t exist.

Canadian infrastructure is already built and connected. Alberta to US Gulf Coast and Midwest refineries through established pipelines. Those refineries are configured for Canadian heavy crude after decades of optimization.

Even if Venezuela eventually gets production up in the 2030s, it’s the same heavy sour crude Canada produces. More heavy crude globally just validates continued investment in heavy crude refining infrastructure, which benefits Canada.”

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So all this posturing about “Venezuela’s Oil” is decades away from benefitting JoeSixPacK.  So why are we even involved.  

DJT47 is distracted from the real problems of the USA — debt, deficits, fraud, and the deep state.

I remember when James Carville and Bill Clinton papered the White House offices with: “It’s the ECONOMY, stupid”.  And low and behold, with a Republican controlled House and Senate, the economy improved.

Maybe there’s a lesson for DJT47, politicians, and bureaucrats!

“ … … debt, deficits, fraud, and the deep state … … “

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POLITICAL: All politicians and bureaucrats must be held accountable

Wednesday, November 30, 2022

https://palexander.substack.com/p/media-politicians-fda-cdc-innocent?utm_source=post-email-title&publication_id=579356&post_id=86969693&isFreemail=true&utm_medium=email

Media? Politicians? FDA? CDC? Innocent? They are the victims? You beasts colluded to topple Trump with lockdowns & fraud vaccine, FDA denied hydroxychloroquine to hurt Trump; f*cking criminals!

  • No quarter, no peace, we will get you in the proper legal inquiries, tribunals, we will deal with you in courts & ballot boxes, NO sympathy, no respect, NONE, you MUST be JAILED! PRESIDENTIAL TAKEDOWN

Dr. Paul Alexander

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I’m not sure how these CRIMINALS can be held accountable?

—30—

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MONEY: Save but in things that will retain their value

Friday, December 24, 2021

https://www.zerohedge.com/markets/evil-root-all-fiat-money

Evil Is The Root Of All (Fiat) Money
BY TYLER DURDEN
FRIDAY, DEC 03, 2021 – 09:40 PM
Authored by Egon von Greyerz via GoldSwitzerland.com

*** begin quote ***

“So you think that money is the root of all evil. Have you ever asked what is the root of all money?” -Ayn Rand

Money used to be a stable medium of exchange and a store of value but that was in the days when there were sound monetary principles, mostly backed by gold or silver.

*** and ***

But these are the consequences that history teaches us time and time again. But sadly everyone thinks it is different today.

Since every currency system in history has collapsed, it is quite a certain bet that this one will too.

For the few who have savings, wealth preservation in physical gold and silver is essential as insurance against yet another failed currency and financial system.

And for everybody it is important to remember that the most important things in life are family and friends. Helping others in difficult times is critical.

Remember also that many wonderful things in life are free, conversations, books, music and nature.

*** end quote ***

At this time of peace and joy, let’s prepare for the 7 years of “famine” ahead. 

Buy some commodities and stash them away for the future.

Vote with your wallet when you spend “dollars” and vote your politics considering your wallet.

—30—

 

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GOVEROTRAGEOUS:

Sunday, May 30, 2021

https://justthenews.com/accountability/waste-fraud-and-abuse/sunepa-spending-phase-out-wood-burning-devices-while-congress

HOME
ACCOUNTABILITY
WASTE, FRAUD AND ABUSE
By Mary Lou Lang
Updated: May 29, 2021 – 11:13pm

Pelosi district gets $2.1M to remove wood-fired devices as Congress offers tax credits for wood heat

  • Emissions reduction program spends taxpayer dollars to replace wood-burning stoves, fireplaces with electric heat pumps in district represented by House Speaker, who shepherded through Congress relief package that incentivizes wood heat.

*** begin quote ***

“It’s duplication nation,” said Adam Andrzejewski, CEO & Founder of the public spending watchdog group, OpenTheBooks.com. “Thoughtful and careful legislating is a thing of past. Simultaneously giving tax credits to install wood-burning devices and grants to replace them (to save the environment) is a great example of congressional insanity.

*** end quote ***

Here’s yet another example of incentivizing to install and at the same time to replace.

And the insanity continues.

What if “we” did neither and gave the money back to the taxpayers?

How many more programs like this are there?

Argh!

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FINANCIAL: Dealerships Give Car Buyers Some Advice: Just Stop Paying Your Loan – WSJ

Monday, February 17, 2020

The trade-in, where a buyer hands a car back to a dealership and uses it as credit toward another one, is often a crucial step in car buying. But some dealerships are instead telling buyers to give their old cars back to their lenders—and selling them new ones—in a practice known as “kicking the trade.”

Source: Dealerships Give Car Buyers Some Advice: Just Stop Paying Your Loan – WSJ

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This seems dishonest by both the dealer and the borrower.

Like the sub-prime mortgage fiasco, the banks are letting the “originator” off the hook.

The fix is easy.  Make the originator responsible — both jointly and severally — for the loan when and if it defaults.

Problem solved.

Be it any kind of loan, everyone needs to have skin in the game!

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RANT: Gooferment Motors bailout has cost over 32B$ dollars so far

Tuesday, October 27, 2015

http://newsbusters.org/blogs/nb/tom-blumer/2015/10/24/not-news-uaw-considering-plan-milk-unemployment-system-if-it-calls-gm

Not News: UAW Considering Plan to Milk the Unemployment System If It Calls a GM Strike
By Tom Blumer | October 24, 2015 | 10:30 PM EDT

*** begin quote ***

The news coming out of Detroit about near-deadline negotiations between the United Auto Workers union and General Motors has been pretty quiet. As the Sunday 11:59 p.m. deadline approaches, the Associated Press only has a four-paragraph blurb indicating that the union wants to get a richer package than it just garnered in negotiations with Fiat Chrysler. A Reuters report goes into detail about GM’s cost structure still being higher than that seen at Toyota’s and Nissan’s U.S. plants by about 15 percent and 31 percent, respectively. The New York Times is only carrying reports from the wires.

One note of substance about the UAW’s strategy covered at Bloomberg News — surely known to others following the industry who are filing bland reports — is that it plans to milk the unemployment insurance system in the event of a protracted strike.

To be clear, such a strike would appear to be very unlikely, if for no other reason than the fact that Americans remember that the Obama administration bailed out GM at a considerable cost several years ago. The final fully-loaded cost involved was $26.5 billion — not the $11.2 billion touted by the press last year. It’s safe to say that quite a few people would not take kindly to the idea of the primary beneficiaries of that unprecedented largesse walking out on their jobs when so many others are still unemployed and under-employed over six years after the most recent recession’s official end.

(Additionally, the linked $26.5 billion analysis appears not to have picked up the effect of the government permitting GM to carry forward $16 billion in tax losses incurred by the “old GM” into the “new GM” — even though “a business that undergoes a change in ownership usually has to forfeit the old company’s net operating losses,” which certainly happened during the bailout. At the statutory federal income tax rate of 35 percent, that decision alone cost the U.S. treasury $5.6 billion.)

*** end quote ***

Argh!

And the UAW isn’t happy?

Talk about Crony Capitalism.

Now they want to stick the taxpayer — via unemployment insurance — with the cost of their “strike”.

Guess no one remembers the current 18T+ national debt and the guesstimated 200T+ in unfunded liabilities that our posterity will have to deal with!

Argh!

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POLITICAL: Voting is a sham!

Tuesday, November 4, 2014

http://www.lewrockwell.com/2014/11/robert-willmann-jr/how-to-rig-elections-easily/

The Trump Card to Rig Elections
By Robert Willmann, Jr.
November 4, 2014

*** begin quote ***

The foundation for assuring the integrity of any system is auditing and cross-checking. For electronic voting machines, what about audits and recounts? The U.S. Congress put this in Title Three of HAVA, with its warm and reassuring caption, “Uniform and Nondiscriminatory Election Technology and Administration Requirements” –

“[Section 301(a)(2)]. Audit Capacity.

(A) In General. The voting system shall produce a record with an audit capacity for such system.

(B) Manual Audit Capacity.

(i) The voting system shall produce a permanent paper record with a manual audit capacity for such system.

(ii) The voting system shall provide the voter with an opportunity to change the ballot or correct any error before the permanent paper record is produced.

(iii) The paper record produced under subparagraph (A) shall be available as an official record for any recount conducted with respect to any election in which the system is used.” [1]

Read that carefully several times. A decent, trusting American might think that a paper ballot with the voter’s selections will be printed out, the voter will check it to be sure it matches what was selected on the electronic voting machine, and each ballot printed out will be kept by the election department so that a hand recount can be done to check the electronic results. But does it say that?

Notice the cunning wording. The “audit capacity” is for “such system” and not for each individual voter’s ballot. The paper record is for the whole system, meaning the vote totals as created by the electronic voting machines and tabulating computers. You get a printout of the computer’s totals. You do not get a printout of each ballot verified by each voter, to be saved locally for a real recount.

*** and ***

But hoping to use one of their two independent powers, people turning to the ballot box face the ultimate trump card.  Electronic voting machines.

Voters no longer mark their ballots.  Local election officials no longer count them.  Devices created and programmed in secret do it.  No recount is possible. Any fraud is undetectable.

*** end quote ***

Two quotes to remember about voting and elections:

“If voting made any difference they wouldn’t let us do it.” ― Mark Twain

“Those who cast the votes decide nothing. Those who count the votes decide everything.” — attributed to communist tyrant and mass murderer Josef Stalin

And, you expect me to “trust” the system!

Never mind that the “system” is structurally engineered to ensure that you only get to chose between large Gooferment and still larger Gooferment. 

(Ross Perot was a democratic operative running to split the republican vote (again).  He was campaigning on smaller Gooferment. He was on the verge of winning. He was being so competitive that he had to self-destruct the campaign to ensure the correct result. IMMEDIATELY, the two parties agreed to “reforms” that would prevent any challenge to the duopoly.

Even now, my beloved Libertarian Party, it financed by the D’s to split the R vote. As is the Green Party, which I regard as the Communist Party in disguise, is financed by the R’s to split the D vote.

Argh!

Secession. 

And a return to a truly representative republic.

On our way to a 100% voluntary society.

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Read: expired drink tickets

Sunday, November 24, 2013

One scam here at the Aria hotel casino, is they give “free drink tickets” when you make Sportsbet but they don’t tell you the coupons expire the same day.

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RANT: Detroit will hurt EVERYONE

Tuesday, July 23, 2013

http://www.againstcronycapitalism.org/2013/07/guest-post-detroits-bankruptcy-will-bite-you-in-the-wallet/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+againstcronycapitalism+%28AgainstCronyCapitalism.org%29

Guest Post: Detroit’s Bankruptcy WILL Bite You In the Wallet
By Editor on July 20, 2013

*** begin quote ***

All this isn’t even taking into account the rampant corruption, bribes, and ulterior motives that every municipal government is crawling with – those are self-explanatory. Fast-forward a few decades and the politicians who planted the seeds of decay are long gone in one way or another – but now the municipality cannot afford its obligations. Losses on poorly planned projects, debt, and exorbitant employee compensation eat up most of its revenue, and it can no longer afford to provide the essential public services every resident counts on.

*** end quote ***

See that is the essence of the problem.

Folks want “free lunch”, but there ain’t none.

Detroit is what happens when the bill comes due.

And they Sheeple and Clover there have voted Democratic for 50 years. (Not that the R’s would be MUCH better.)

Like the Delta pilots, everyone’s getting a haircut.

Unfortunately, a promise is worth what backs it up.

On Wall Street, they have a name for it — “Counterparty risk”.

Sorry to say, but you depend on Gooferment, politicians, and bureaucrats at your own peril.

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TINFOILHAT: Deconstructing the BHO44 legend

Wednesday, July 17, 2013

http://atlasshrugs2000.typepad.com/atlas_shrugs/2010/03/the-biggest-hustle-in-human-history-.html

Wednesday, March 31, 2010

THE BIGGEST HUSTLE IN HUMAN HISTORY

*** begin quote ***

Obama applied for a position as an adjunct and wasn’t even considered. A few weeks later the law school got a phone call from the Board of Trustees telling them to find him an office, put him on the payroll, and give him a class to teach. The Board told him he didn’t have to be a member of the faculty, but they needed to give him a temporary position. He was never a professor and was hardly an adjunct.

The other professors hated him because he was lazy, unqualified, never attended any of the faculty meetings, and it was clear that the position was nothing more than a political stepping stool. According to my professor friend, he had the lowest intellectual capacity in the building. He also doubted whether he was legitimately an editor on the Harvard Law Review, because if he was, he would be the first and only editor of an Ivy League law review to never be published while in school (publication is or was a requirement).

*** end quote ***

So who on the BoT made that call and who pressured them?

Enquiring minds want to know!

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