monitoring Trump and relevant contemporary events

@bobsal u1553115,

bobsal u1553115 wrote:

WRONG.

Nope. There is no such thing as a petrodollar.

bobsal u1553115 wrote:

https://www.investopedia.com/articles/forex/072915/how-petrodollars-affect-us-dollar.asp

Linking to a goofy conspiracy theory on the internet does not make that goofy conspiracy theory true.

goofy link wrote:

The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony.

People buy and sell commodities (including a lot more than just oil) using dollars because we are a large and stable economy with a reliable currency.

The US dollar is the world's reserve currency because we are a large and stable economy with a reliable currency.

We are able to enjoy persistent trade deficits because, as a large and stable economy with a reliable currency, people view us as a safe investment.

bobsal u1553115 wrote:

You're wrong, wrong, wrong.

No I'm not.

2 Replies

@oralloy,

The only one who believes you have the i q you claim is you.

1 Reply

@oralloy,

If it were true it still wouldn't bother me. No one cares how smart you are or aren't, they care about how ignorant you act.

Haven't you noticed how you are the ONLY one who brings your putative IQ up? THAT'S what feeds our skepticism.

0 Replies

@oralloy,

You're wrong. Petrodollars allows the world's biggest debtor to maintain a robust economy. We buy and sell more petroleum than anyone.

You are abysmally under educated for someone with such a high IQ.

1 Reply

@RABEL222,

If you refuse to believe in reality, reality continues to exist.

0 Replies

@bobsal u1553115,

bobsal u1553115 wrote:

You're wrong.

No I'm not.

bobsal u1553115 wrote:

Petrodollars allows the world's biggest debtor to maintain a robust economy.

There is no such thing as petrodollars.

bobsal u1553115 wrote:

We buy and sell more petroleum than anyone.

Good for us (if that's true). It has nothing to do with imaginary petrodollars though.

bobsal u1553115 wrote:

You are abysmally under educated for someone with such a high IQ.

I certainly know more than enough to correct all of your untrue statements.

1 Reply

@oralloy,

Sure there is, that why its a term that's been around the seventies.

Have you ever thought about educating that pet high IQ of yours?

2 Replies

@bobsal u1553115,

No there isn't. There is no such thing as a petrodollar.

The fact that a lunatic conspiracy theory has been around for a long time doesn't make it true.

I am educated more than adequately to correct all of your untrue statements.

0 Replies

@bobsal u1553115,

bobsal u1553115 wrote:

Have you ever thought about educating that pet high IQ of yours?

To learn intelligence, you need intellect.

An intellectual person is for example very well-read.

Effect of petrodollars on financial markets, by United States Congress, Senate Committee on Finance (Subcommittee on Financial Markets), January 1, 1975

2 Replies

'They're keeping us in the dark': Coronavirus response enrages families

0 Replies

Quote:

Denial is not argument,

Trolling is not an argument either, but it is what you are doing.

0 Replies

@Walter Hinteler,

Point taken.

0 Replies

Erik Prince Recruits Ex-Spies to Help Infiltrate Liberal Groups

Mr. Prince, a contractor close to the Trump administration, contacted veteran spies for operations by Project Veritas, the conservative group known for conducting stings on news organizations and other groups.

2 Replies

@hightor,

Quote:

Erik Prince Recruits Ex-Spies to Help Infiltrate Liberal Groups

Just leveling the playing field.

0 Replies

David Bowie got voted down below the viewing threshold. How long with this be able to be seen? Cool

1 Reply

@hightor,

Prince and O'Keefe. Figures. Those are two of the scummiest conservative scumbags making moola with war and conservative scams. That they'd be spying on the AFT also fits given the DeVos connection.

1 Reply

@blatham,

Quote:

Those are two of the scummiest conservative scumbags

Who have decided to expose the scummiest progressives. So far they are doing a fine job.

0 Replies

Quote:

Anyone Notice That Trump’s Economy Keeps Beating Expectations?

I have. I seriously doubt I am the only one.

Quote:

February’s jobs report “smashed expectations.” That’s how one news site described the latest monthly employment numbers out of the Commerce Department, which showed the economy created 273,000 jobs last month. Smashing expectations has become a regular feature of the Trump economy. Anyone care to guess why?

Based on the consensus forecast of economists, the first two months of this year should have seen a total of 335,000 jobs created. The actual number was 63% higher: 546,000.

For the past four months, job growth has averaged 248,000, after the Bureau of Labor Statistics revised several previous months’ gains sharply upward. In the best year under President Barack Obama, job growth averaged 250,000 a month.

https://issuesinsights.com/2020/03/07/anyone-notice-that-trumps-economy-keeps-beating-expectations/

1 Reply

Trump suggests cutting costs of space flights by eliminating the very expensive toilet systems used.

"Why don't they just go outside? It's not as if anyone will be watching? They tell me there are countries where everyone just does it outside. People don't know that."

1 Reply

@blatham,

Quote:

Trump suggests cutting costs of space flights by eliminating the very expensive toilet systems used.

Source?

1 Reply

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