Every American with a good and honest heart beating in his chest knew that a second Trump term was going to be a catastrophe, but I really don’t think anyone saw this coming.
As shown at left, if it were a country, California would have the fourth largest GDP on Earth. It’s weird to hear people say that over-regulation is causing people and businesses to relocate to places like Texas. I want to ask them if they’ve ever been here, or if they can even find our state on a map.
Speaking of the Lone Star State, a colleague recently pointed out that Russia’s GDP is smaller than that of Texas. We hear so much about the butcher Putin, but so little about his people’s suffering.
The reader who sent me this asks, “Why don’t pictures like this ever trend?”
It’s because everyone who has even a basic understanding of the world oil market knows that this is pure stupidity, aimed at the most uneducated Americans who constitute the core of Trump’s base.
Of course, that doesn’t mean that idiocy like this can’t “trend.” It’s not as if our country has a lack of ignorance. We did re-elect Trump, didn’t we?
Someone asked me recently to explain why Big Oil isn’t thrilled that Trump has opened up our pristine wildernesses to the extraction of crude. The answer, of course, is that oil executives making 8-figure annual incomes actually do understand how to make money. That’s how they attained their positions, and, sadly, it’s their only purpose in life. They know that spending hundreds of billions of dollars in new infrastructure, while driving up supply and thus lowering prices at the pump, isn’t a strong idea.
Trump and his team commit so many crimes in an average week that Americans, with their fantastically short attention spans, can’t stay focused on any one atrocity.
This, of course, is exacerbated by the for-profit media that needs to ensure a maximum of public outrage at all times, from both the left and the right, and this requires new subject matter on a daily basis.
In response to the question posed at left, yes. I would say that this applies to about 60% of Americans and probably 95% of people from the rest of the developed world.
An old friend told me, “The problem is that he always wins.”
My reply: “So far, but keep in mind that everyone is undefeated until their first loss.”
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I hope somebody will notify me when/if the first investor gets a single penny back.
If you’re a gullible idiot who doesn’t know the first thing about the world oil market, this could be for you. Any political persuasion is fine, but 99% of the target market here are Trump supporters, with that perfect blend of faux patriotism, ignorance, and arrogance.
If you have any capacity to think for yourself, ask yourself why the executive strata at Big Oil has exactly zero interest in pursuing this path. The CEO of ExxonMobil made $44.1 million last year. How did you and your plumbing company do?