"Try outbidding OPEC, ya losers!"
Posted on 12/11/2011 12:17:33 PM PST by raptor22
Jobs: The president says that extending unemployment benefits and the payroll tax cut will create more jobs than an oil pipeline from Canada. There are at least 20,000 members of the 99% who would disagree.
You can see why the economy is in trouble. Vice President Joe Biden, the stimulus sheriff, says he turned first to MF Global's Jon Corzine for economic advice and President Obama thinks 20,000 people getting extended unemployment benefits does more for the economy than 20,000 people getting paychecks to build the Keystone XL pipeline from Canada.
In the president's view, extending the payroll tax cuts is more important than adding more people to the payrolls, unless they are making electric cars that catch fire or work for solar-panel makers that go bankrupt.
Any attempt to link the pipeline to a payroll tax cut extension will be vetoed, Obama said Wednesday as he stood next to Canadian Prime Minister Stephen Harper.
President Obama has dropped any pretense that delaying the pipeline that would bring Canadian tar-sands oil to American refineries is really related to environmental safety concerns.
He knows it would create jobs, at least 20,000 directly and many more indirectly thanks to the multiplier effect he dismisses now but touted when he still believed in "shovel-ready" jobs that needed federal funding.
"However many jobs might be generated by a Keystone pipeline," he said, "they're going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance."
He forget the stimulus effect of food stamps, something touted by House Minority Leader Nancy Pelosi.
(Excerpt) Read more at news.investors.com ...
This should be what the RNC and every GOP Candidate, Congressman, Senator and pundit should be talking up. Everyone needs to know that Obama is killing thousands of jobs by catering to the Environmental wackos.
His backstabbing announcement was made after the November election — his decision had been made much earlier.
In November 2012, we’ll see if union and non-union labor like being the Democratic Party’s prison bitch.
Thanks raptor22.
Given Zero’s inaction on Syria, we’ll see if Americans of Syrian ancestry enjoy [coda].
Given Hillary’s comparison of heterosexuals, Christians, and Israeli Jews to Iran’s mullahcratic dictatorship and oppression, we’ll see if...
"Try outbidding OPEC, ya losers!"
It seems it would be terribly inefficient, but the graphics that have been posted seem to show long pipelines to not be all that unusual. I appreciate the education. :)
Butt is right.
Are you clueless?
Why?
Good point. The House bill provides both.
Yes, he’s still bowing to the Saudis (and Hugo C).
Really?
"Many people are familiar with the Trans Alaska Pipeline System (TAPS). It is the most photographed pipeline as it, unlike most pipelines, has significant portions of the system above ground. Crude oil is produced in Alaska, moves south on TAPS and then moves by tank ship to the West Coast. From the tank ship, the crude again moves by pipeline to refineries along the west coast of the U.S.
The network of crude oil pipelines in the U.S. is extensive. There are approximately 55,000 miles of crude oil trunk lines (usually 8 - 24 inches in diameter) in the U.S. that connect regional markets"
Learn more here: http://www.pipeline101.com/Overview/crude-pl.html
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