tag:blogger.com,1999:blog-4053585.post545734629760351102..comments2024-03-26T17:44:07.430-04:00Comments on Viking Pundit: Erichttp://www.blogger.com/profile/15911276942829790135noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-4053585.post-52265905961009111032012-03-27T15:36:51.494-04:002012-03-27T15:36:51.494-04:00BOOM! You totally whupped that unmade claim's...BOOM! You totally whupped that unmade claim's ass! Bram 1, Imaginary Dummy 0!<br /><br />Here's the formula, Straw Killer.<br /><br />If all industries got these freebies, it might be okay.<br /><br />If no industries got these freebies, it might be okay.<br /><br />If new industries got these freebies, while secure and profitable industries of a century's standing didn't get Evil! EEEEEvil!noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-52710573673736814272012-03-27T09:58:57.348-04:002012-03-27T09:58:57.348-04:00I get it, oil companies are evil and shouldn't...I get it, oil companies are evil and shouldn't be allowed to keep any profits from their evil activities. The fact that they can depreciate assets based on their useful life makes them super duper evil. <br /><br />So make a stand and stop buying their evil products.Bramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-9755800521749530032012-03-26T19:14:18.817-04:002012-03-26T19:14:18.817-04:00"The sleazy Kennedy cabal manipulates governm..."The sleazy Kennedy cabal manipulates government to hide their illicit millions in tax shelters... which the other oil companies do in a totally legal and ethical fashion, and how dare anyone complain?"<br /><br />By the way, killer comeback to the asked-for specifics: "Oh wow."Bram-to-English dictionarynoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-26842353761264348312012-03-26T15:22:12.001-04:002012-03-26T15:22:12.001-04:00Oh wow, the "useful life" special tax br...Oh wow, the "useful life" special tax break! <br /><br />You know what oil companies pay really low taxes? Kenoil and Mokeen. They pay only 15% capital gains, no income tax in Fiji. I wonder who owns them?Bramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-61424416265431178182012-03-23T23:02:46.850-04:002012-03-23T23:02:46.850-04:00It would be an asinine premise: the $29 billion ha...It would be an asinine premise: the $29 billion has gone up in smoke, kerpoof, but the $72 billion has been wisely cast upon the water and come back to us a hundredfold. But nobody's confusing it for a sincere claim.<br /><br />The U.S. is currently running a $2 billion trade surplus in solar power, as opposed to a $250 million trade deficit in petroleum. In 2011, the industry created jobs Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-305356657730559592012-03-23T18:23:51.566-04:002012-03-23T18:23:51.566-04:00How about $29 billion to green industries resultin...How about $29 billion to green industries resulting in bankruptcy and laid-off workers versus $72 billion to companies that turn around and send billions to the Treasury in corporate and personal income taxes from employed workers?<br /><br />Don't worry, Bram, you won't be seeing the itemization of those "subsidies." They're things like equipment depreciation and health Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-59755441637102812332012-03-23T15:34:04.163-04:002012-03-23T15:34:04.163-04:00Here are two specific data points:
General Motors...Here are two specific data points:<br /><br />General Motors, founded September 1908<br />Shell Oil, founded February 1907<br /><br />Bram understands that smart federal policy gives a hand up to these kinds of struggling companies, while letting "the market" handle emerging industries. That's not partisan politics. It's just common sense.Econ 101noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-16661606891294341172012-03-23T14:12:04.895-04:002012-03-23T14:12:04.895-04:00Not seeing specifics here.Not seeing specifics here.Bramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-78660513543179252642012-03-23T13:20:48.710-04:002012-03-23T13:20:48.710-04:00Green energy subsidies = windfall!
Oil energy sub...Green energy subsidies = windfall!<br /><br />Oil energy subsidies = incentive!<br /><br />$29 billion in temporary subsidies for renewable fuels from 2002-2008, which expire as of scheduled dates = waste and largesse on the taxpayers' dime.<br /><br />$72 billion in subsidies to a fully developed fossil fuel industry over the same period, most of which have been permanently written into the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-31864772003693852572012-03-23T12:28:12.792-04:002012-03-23T12:28:12.792-04:00I don't like those number proving your point. ...I don't like those number proving your point. National Review!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-85602515960678552762012-03-23T08:43:25.693-04:002012-03-23T08:43:25.693-04:00Ah, the famous "oil subsidies" that I ke...Ah, the famous "oil subsidies" that I keep hearing about but nobody can explain in detail. <br /><br />For some reason, GM can write off R&D when they design a new car, but Shell shouldn't be allowed to write off the cost of looking for new oil.Bramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-67336292301016456802012-03-22T23:18:17.800-04:002012-03-22T23:18:17.800-04:00Mmm, the National Review. They sure are opposed t...Mmm, the National Review. They sure are opposed to profitable businesses taking advantage of subsidies promoting green technology. Call it a matter of principle.<br /><br /><i>So Democrats have discovered a new way to stem out-of-control federal spending: “End Big Oil subsidies now!” The position isn’t exactly courageous. Nor is it exactly honest.<br /><br />In truth, these oil giants are Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-33755303181124634912012-03-22T20:42:33.161-04:002012-03-22T20:42:33.161-04:00Was I unclear? General Electric is "making t...Was I unclear? General Electric is "making this investment" with taxpayer money. It's a scam.<br /><br />"The majority of the funding for the $1.9 billion, 845-megawatt Shepherds Flat wind project in Oregon is coming courtesy of federal taxpayers. And that largesse will provide a windfall for General Electric and its partners on the deal who include Google, Sumitomo, and Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-31379137996407141812012-03-22T20:07:00.300-04:002012-03-22T20:07:00.300-04:00Great anecdote, but GE has invested more than $8 b...Great anecdote, but GE has invested more than $8 billion into renewable energy as of early 2012. That's a pretty pricey P.R. buy. <br /><br />Google formed a subsidiary, Google Energy, just over one year ago, and increased its clean energy investment 25-fold in 2011. The company intends to store and purchase solar energy, and sell it to consumers.<br /><br />Nevertheless, let's imagineAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-21243975831325136172012-03-22T19:35:39.593-04:002012-03-22T19:35:39.593-04:00With both Europe and America I wonder if you can a...With both Europe and America I wonder if you can ask yourself this question: can the green industry EVER be self-sustaining. I mean, it's great stuff until the government subsidies are taken away? Is that what you're saying?<br /><br />Also: are you really so naive to believe that GE - or any other company - doesn't want to burnish it's "green" credentials with show Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-44365177376024450362012-03-22T14:50:50.589-04:002012-03-22T14:50:50.589-04:00Anonymous may have missed this article. The Europe...<i>Anonymous may have missed this article. The Europeans have decided to stop wasting their money too. <br />http://www.washingtonpost.com/world/solar-industry-faces-subsidy-cuts-in-europe/2012/03/10/gIQArkbXLS_story.html</i><br /><br />Bram may have glossed over the content of that article, in which the cutbacks in energy subsidies are shown to be a small part of across-the-board austerity Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-46878294181443653202012-03-22T11:55:54.199-04:002012-03-22T11:55:54.199-04:00It worked out well in Spain:
http://pjmedia.com/b...It worked out well in Spain:<br /><br />http://pjmedia.com/blog/leaked-spanish-report-obamas-model-green-economy-a-disaster-pjm-exclusive/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-91015506585169144042012-03-22T10:43:21.148-04:002012-03-22T10:43:21.148-04:00Anonymous may have missed this article. The Europ...Anonymous may have missed this article. The Europeans have decided to stop wasting their money too. <br />http://www.washingtonpost.com/world/solar-industry-faces-subsidy-cuts-in-europe/2012/03/10/gIQArkbXLS_story.htmlBramnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-76395051484640314632012-03-21T22:05:12.352-04:002012-03-21T22:05:12.352-04:00It'll be easy. We just sit around squabbling ...It'll be easy. We just sit around squabbling for the next 15 years, using the word "Solyndra" as a rhetorical replacement for "Whitewater." And then we'll wonder why all the money and patents seem to be in Mandarin.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-42162590059904525682012-03-21T20:31:42.337-04:002012-03-21T20:31:42.337-04:00Hmm. How to you quantify this renewable energy ga...Hmm. How to you quantify this renewable energy gap?Erichttps://www.blogger.com/profile/15911276942829790135noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-84827271786587342882012-03-21T20:15:35.304-04:002012-03-21T20:15:35.304-04:00Ha, ha! High five! And really, can you put a dol...Ha, ha! High five! And really, can you put a dollar amount on the United States falling dramatically behind China and Germany in renewable energy investment? <br /><br />Oh, what's that? You <i>can?</i> Uh oh.Anonymousnoreply@blogger.com