They're financing specific projects.
No they are not, the loans are to a company not a specific job, the contracts do not have limititation how the money can be used and even if they did it is very easy to shuffle money on paper to make it look any way they want it to look kid, your nieve and too blindly trusting of your progressive leadership.
Your still trying too hard to pull attention away from the fact that this costs American jobs, puts us more at the the mercy of foreign oil, and is hypicritical to stop oil drilling in the Gulf in America but help other companies drill in the Gulf.
Fake story? Your sources would be what? Your proof where? What makes this story fake?
The part where they tried to say the money is for specific projects, the loans are to a company, there are no limitations on how they can use the money.
"Loan" implies they will pay it back. Which they have thus far on the other loans they've recieved from Ex-Im. Also, they contract US people and buy equipment FROM US to do this stuff. You need people to contract and people to make the stuff they buy. People who would do this work for pay. Almost like they would go to work every day. As if it were a JOB or something.
Your very slow sometimes.
I borrow $100 bucks from you, I use that $100 to buy 5,000 pieces of fruit, then I turn around and sell those pieces of fruit to you for $10,000 and a couple weeks later I send you a check for $150 to pay off the loan, who paid for the loan in reality?
Oh, the drilling by American companies buy more equipment here because they are here drilling, not just a couple pieces here and there for appearances joker.
And if there's a ton of oil created because of what we finance, oil prices drop, which makes it cheaper for Americans (assuming we reach a point where it's cheaper this way than it would be otherwise), and businesses start saving money, and can hire people. Creating jobs. I know that's just a theory, but I present it.
Again, your nieve, the imported oil prices are governed by the speculators, any oil comming to America from outside sources will be about the same as it comming from any outside source.
But, a huge increase of domestic oil will force prices down for foreign oil to stay in line with our domestic sources, not completely but close. Then of course there are hundreds of thousands of American jobs to consider and how that helps all of America.
Ban: to prohibit, forbid, or bar; interdict: to ban nuclear weapons; The dictator banned all newspapers and books that criticized his regime.
Needing a permit to do something doesn't mean it's banned. It means it's REGULATED. I need a license to legally drive a car, doesn't mean driving's banned. It means they have rules permitting just anybody from doing it without having to follow proceedures, agreeing to follow them, etc.
Trying to play word games does what for the intent of this discussion kid?
Ban, severe and hostile regulation, restrictions, limitations, exclusions, whatever you want to call it your still avoiding the point, the Government is not letting shallow drilling happen at a pace that keeps all the platforms working so these oil companies have to try and deep drill to get the oil we and they need.
If the shallow drilling was allowed by the Government they would not be trying to deep drill because it costs way more to deep drill.
Well, I am sure some deep drilling would still be desired for the really big deposits, but the main point is America needs oil, we have oil, but Obama is blocking our ability to get that oil and put Americans to work.
Can't blame him for being worried about the dangers either way. I'm sure the political pressure on both sides is a *****. Let's say he goes "Well, deepwater drilling is bad, let's open up some shallow water drilling!" Fox, CNN: "Obama Drills Despite Disaster" Republicans: "Obama is trying to destroy our beaches!" Democrats: "Obama hates the environment!"
I can blame him for doing the wrong thing, stopping or limiting domestic oil production hurts America, and all Americans. Only the progressives want to stop the domestic oil production, if they were concerned about the environment and the dangers they would not be helping other Countries drill for oil as we are doing Joker, oil spills in other places hurt the environment too, but they are encouraging oil drilling in other places and do you know why?
It is part of their guilt, progressives always feel guilty that America has so much and other places do not, that is why they refuse to close the border with Mexico and that is why they love to increase our dependence on foreign oil and foreign products. This way they can force a redistribution of wealth away from us and into poor areas.
The regulations are in place for a reason, TJ.
Also, I wasn't challenging that part of your quote. What I was challenging was this:
Um.....I guess you really are the product of a crappy education system in California, well kid, look back at the quote, see that part where there are 15 rigs sitting idle? Well them sitting idle means they are not harvesting oil, simple conclusion really using basic logic, try it some time.
By the way, you still have not told IWS your sorry for trying to claim he posted a non-story. You claimed the ban was lifted so the story was bogus but I showed you it was still in place and you never admitted you were wrong and this was a great story. At least have enough integrity to admit you were wrong about that and should not have put down IWS.
