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Thread: Oil rises above $90 amid US crude supply drop

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Prof. Peabody View Post
    What exactly about the bill do you need "clarification" on?
    You said it was "ramrodded through". It wasn't. So I'm asking why you said that it was.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by 1Perry View Post
    Phil Gramm indeed does deserves any criticism coming his way for that. It should be his legacy...... Don't forget though, it was Clinton that signed it.
    Yes, Clinton signed it because he didn't have the votes to sustain his veto of the Republican bill. See what his advisory board thought about it above.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Swizz View Post
    You said it was "ramrodded through". It wasn't. So I'm asking why you said that it was.
    House vote Aye: 223 (51%) 223 (D) 0 (R) 0
    No: 202 (47%) 26 (D) 176 (R)

    Senate vote Yea: 59 (59%) 53 (D) 4 (R) 2 (I)
    Nay: 39 (39%) 2 (D) 37 (R)

    GovTrack: House Vote On Passage: H.R. 4173 [111th]: Dodd-Frank Wall Street Reform and Consumer Protection...
    As you can see the Democrats overwhelmingly voted for the Bill and the Republicans voted against the bill.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    Yes, Clinton signed it because he didn't have the votes to sustain his veto of the Republican bill. See what his advisory board thought about it above.
    It takes 2/3 to overcome a veto. The GOP had 55. One also does not sign something that you do not believe in just because you think somehow there might be enough votes to over turn the veto.

    I've mentioned this before. This shows exactly what is wrong with the country. People complain about something but then go out of their way to defend someone they support when they do the very thing they say they are against.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Prof. Peabody View Post
    As you can see the Democrats overwhelmingly voted for the Bill and the Republicans voted against the bill.
    Yep, pretty clear who's pro wall streeter protection and anti consumer protection. Go GOP! LOL!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    Here we go on our way to another manufactured crisis from Obama, and the radical leftist in this country.
    I hope we last two more years.
    j-mac
    Out of curiosity, which thing that "Obama, and the radical leftist in this country" did caused oil prices to move now?
    I may be wrong.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by washunut View Post
    Have you looked at commodity prices recently. The market for our grains have gone up something like 50% this year causing hardships for the poor around the world. Thank the Fed with it's QE2. They have said they wanted inflation and are getting it where it hurts the poor disproportionately.
    One might also thank droughts and floods. Weather sometimes has an effect on grain production. I have heard tell that it did this year as well.
    But I forget if weather is a Democrat or a Republican, so I don't know which way the points go in the political game.
    I may be wrong.

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    Re: Oil rises above $90 amid US crude supply drop

    My bad, I didn't realize this was a necroed thread.

    I may be wrong.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by 1Perry View Post
    It takes 2/3 to overcome a veto. The GOP had 55. One also does not sign something that you do not believe in just because you think somehow there might be enough votes to over turn the veto.

    I've mentioned this before. This shows exactly what is wrong with the country. People complain about something but then go out of their way to defend someone they support when they do the very thing they say they are against.
    I'm not defending Clinton or the Democrats. The only difference between the Democrats and the Repubicans are the Democrats like to leave a few more crumbs for the little people to divide between themselves. Too many Democrats went along with it but it was the Republicans that pushed it through.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Simon W. Moon View Post
    Out of curiosity, which thing that "Obama, and the radical leftist in this country" did caused oil prices to move now?

    What are they not doing? Take your pick....Destroying the dollar, failing to open up exploration, and drilling, while giving money to Brazil and pledging to be their best customer....You tell me.

    j-mac
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