***Official Political Discussion Thread***

[ninjahood]

http://www.msn.com/en-us/money/mark...rop-in-gas-prices-sound/ar-BBA6WvW?li=BBnb7Kz

[emoji]128526[/emoji][emoji]127950[/emoji]️[emoji]127937[/emoji]

 

[EddieDoyers]

Your article does not say gas is dropping 50%. It is speculating that if the starts line up properly that it may happen.

I highly doubt that will happen. Because it is that means it will be the lowest gas prices have reached in nearly 90 years

It's really "FAKE NEWS"

 

[RustyShackleford]

Like ******* Beetlejuice.

Voodoo Economics get discussed, and da cheerleader shows up

 

[Black Lotus]

[emoji]128526[/emoji][emoji]127950[/emoji]️[emoji]127937[/emoji]

Ninjafish chalking it up as a W already 

 

[dreamer23]

ppppssshhh msn is all you got....wake me when tax reform is out...

 

[Nike Jordan]

 

[EddieDoyers]

The outlook is similarly dour for weaker, highly indebted U.S. oil and gas producers. Many of them looked ready for insolvency as energy prices cratered between 2014 and 2016. According to Bloomberg, 20 companies had borrowed more than two-thirds of their credit line limits amid a liquidity crunch last fall. But despite the price recovery since then, at least 11 are still using 70 percent or more of their credit lines.

Should oil prices keep falling, which looks increasingly likely, many of these companies could be pushed into bankruptcy, weighing not only on the share prices of larger energy companies but on bank stocks given concerns over loan losses.

And you have a man out here celebrating this smh

 

[whywesteppin]

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

 

[iamdef]

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket

 

[ninjahood]

840 [emoji]127943[/emoji]'s [emoji]127950[/emoji]️[emoji]127937[/emoji]

RIP OPEC's cartel

 

[d nice]

Just when yall thought Bill was done.........
[h1]Bill O’Reilly faces a very tough comeback[/h1]

Up until a blink of an eye ago, Bill O’Reilly was the strongest franchise at the strongest cable news channel in America. But his rapid fall  from Fox News (FOXA) amid allegations of repeated sexual harassment could leave the conservative star in a deep hole that’s hard to dig out of.

Second acts (and third acts, and fourth…) are a hallmark of the American experience. Bill Clinton became popular again after a tawdry White House affair, and a sex tape launched Kim Kardashian to fame and fortune, rather than ignominy. But O’Reilly has earned a different form of notoriety. “If Bill O’Reilly is toxic enough that Fox News is dropping him, I’m wondering what other media organization would want to take a chance,” says John Carroll, a mass communications professor at Boston University. “He could possibly go to RT [the English-language Russian network]. I’m sure the Russians would love to have him.”

O’Reilly, 67, reportedly earned $18 million per year at Fox News, and millions more from a series of historical books, and associated film and TV rights. So he ought to have an adequate nest egg should he retire quietly. But that’s not O’Reilly’s style, and if he continues on as a public persona, his options may be limited.
[h2]“The axis of ego”[/h2]
Glenn Beck and Keith Olbermann were both combative TV personalities who fell out with their networks, Beck at Fox and Olbermann at MSNBC and ESPN (DIS). They’re both still broadcasting, but the online networks they host and contribute to have a fraction of the cable reach they left behind.

O’Reilly could do a standard rehab tour—take a few months off, get some therapy, emerge declaring himself cleansed—and migrate to someplace that might not mind his baggage. Breitbart News, the alt-right outlet and former home of Steve Bannon, President Donald Trump’s chief provocateur, comes to mind, since it seems to relish controversy. But no online network has nearly the reach of Fox News, which typically tops all news networks in ratings, and has premium cachet as Trump’s must-see TV.

O’Reilly has a loyal following, with his show averaging more than 3 million viewers per night prior to the controversy. But that doesn’t mean those people will automatically follow him to wherever he ends up next—especially if it’s a website with no presence on the cable box. Many may just tune in to O’Reilly’s replacement in the 8 p.m. slot, Tucker Carlson.

A key question for O’Reilly is how much of his following is devoted to, well, him, and how much comes from his platform at Fox. Media analyst James Rubec of Cision, a media-analysis firm, says O’Reilly has a sizable following online, including Twitter (TWTR), Reddit, Facebook (FB) and various online forums. But when mentions of Fox are excluded, his online presence drops by 44%. Negative mentions of the sexual-harassment controversy suggest his audience without Fox, following the latest scandal, would fall another 25%.

“O’Reilly would still be a powerful character on the media landscape,” Rubec says. Thing is, he’d be no Bill O’Reilly. Not the O’Reilly of 2016, anyway.

With former Fox News boss Roger Ailes exiled from the network he created, after facing harassment claims of his own last year, and O’Reilly now gone as well, it’s tempting to wonder if the two might team up in the future. Speculation would get juicer if Bannon were to leave the White House, which many political observers expect sooner rather than later. “Ailes, O’Reilly and Bannon could form the axis of ego and start up their own media organization,” says Carroll. On second thought, he says, “Bill O’Reilly and Roger Ailes teaming up might just double their problems.”

 

[EddieDoyers]

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket

Yeah the market would be way off equilibrium if such were to happen and the losses would be hard to recuperate if a fall were to happen.

In every economics class and history class out there, there's evidence that deflation that quick would cause a recession at least.

 

[dreamer23]

holy ****...o'reilly, ailes, bannon...? devils 3 amigos..

 

[RustyShackleford]

840 [emoji]127943[/emoji]'s [emoji]127950[/emoji]️[emoji]127937[/emoji]

RIP OPEC's cartel

What are you even talking about right now with this pic.

Fuel hungry car will increase the demand for gas, increasing prices, making OPEC more money, and strengthening the Cartel.

Do you even think these post through b

-Anyway, hoping the cartel breaks and starts competing against each other is a big ask. The countries that have a incentive to do such a thing would get crushed instantly

 

[ninjahood]

840 [emoji]127943[/emoji]'s [emoji]127950[/emoji]️[emoji]127937[/emoji]

RIP OPEC's cartel

What are you even talking about right now with this pic.

Fuel hungry car will increase the demand for gas, increasing prices, making OPEC more money, and strengthening the Cartel.

Do you even think these post through b

rusty talking cars now?

us shale provides a check on da cartel, da less they make da more da US ramps up...their price controls are dead.

Durango SRT... 3rd row 487 [emoji]127943[/emoji]'s

 

[RustyShackleford]

I am not talking cars, I am talking economics

Something we all know you know zero about

-What happens if your Papi allows the Saudi's to by up fracking, shale companies, which would destroy the competitive fringe? Hmm?

That is what those things are Edwin, they can't serve the whole market. Hell they can't power your Hemi either

 

[EddieDoyers]

I always ask myself "did he read the article" and the answer most of the time is "probably not"

 

[elpablo21]

 

[cards93]

I always ask myself "did he read the article" and the answer most of the time is "probably not"

I think the more valid question is "did he understand the article?".  The answer is still the same though..

 

[rolaholic]

@leahmcelrath: BREAKING

House Intel Comm schedules Trump/Russia hearings for May 2nd.

Sally Yates to testify.

By me @Shareblue

https://t.co/zeRdafGlsp

*Hadn't seen Pabs posted just about the same thing before

 

[ninjahood]

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production [emoji]128526[/emoji].

 

[RustyShackleford]

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket

Yeah the market would be way off equilibrium if such were to happen and the losses would be hard to recuperate if a fall were to happen.

In every economics class and history class out there, there's evidence that deflation that quick would cause a recession at least.

If you want to read some buffoonery regarding deflation, search "deflation" in the search bar. Your mans Ninja was hoping deflation sets in, because he felt it was good for the economy if that happens.

-Also, I dunno, a energy shock like that will probably not lead to a recession.

 

[EddieDoyers]

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production [emoji]128526[/emoji].

You're practically saying the article is wrong, which you celebrated a minute ago.

 

[EddieDoyers]

I'm no economist but I'm pretty sure a 50% drop in gas prices would not be good for the coal industry.

Oil workers were getting laid TF off when gas dropped a few years ago, if it drops 50% the number of bankruptcy filings gon sky rocket

Yeah the market would be way off equilibrium if such were to happen and the losses would be hard to recuperate if a fall were to happen.

In every economics class and history class out there, there's evidence that deflation that quick would cause a recession at least.

If you want to read some buffoonery regarding deflation, search "deflation" in the search bar. Your mans Ninja was hoping deflation sets in, because he felt it was good for the economy if that happens.

-Also, I dunno, a energy shock like that will probably not lead to a recession.

You think he understands what market equilibrium is?

 

[ninjahood]

I always ask myself "did he read the article" and the answer most of the time is "probably not"

except not only are u wrong, you're pretty much lost on da fact that OPEC is now impotent due to US energy production [emoji]128526[/emoji].

You're practically saying the article is wrong, which you celebrated a minute ago.

da article explicitly state that OPEC is powerless to change da fortunes of oil due to US production...