Helen
Implicitly explicit
Is that one cart for svelte ghost Trump, and one cart for the fake gold you're supposed to paint him with?
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Trump's Second Term
- Thread starter Orphia Nay
- Start date
Norman Alexander
Penultimate Amazing
I think they mispelled "carat".
dudalb
Penultimate Amazing
An American Oil Company is preparing to a new field in Greenland, despite having been refused permission by the Government of Greenland. The owner is a member of Trump's inner circle. This could be an new crisis.
The Great Zaganza
Maledictorian
- Joined
- Aug 14, 2016
- Messages
- 32,683
The real reason why Trump and Bessent are scared of higher interest rates:
fortune.com
TL: DR: this administration decided to do all deficit financing through the shortest, lowest interest rate bonds that run just for a year, instead of staggering it in short, medium and long-term bonds.
The result is that the money for current deficit plus the next one will have to raised at the same, and probably at higher cost.
How Scott Bessent used financial engineering to fund the $2 trillion deficit while leaving it untouched | Fortune
The alarm is coming from inside the house. The Treasury Borrowing Advisory Committee says the borrowing math no longer adds up.
TL: DR: this administration decided to do all deficit financing through the shortest, lowest interest rate bonds that run just for a year, instead of staggering it in short, medium and long-term bonds.
The result is that the money for current deficit plus the next one will have to raised at the same, and probably at higher cost.
Andy_Ross
Penultimate Amazing
- Joined
- Jun 2, 2010
- Messages
- 84,754
German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with President Donald Trump's Department of the Interior (DoI).
RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.
"After careful consideration, it was determined there is no path forward to permit these projects in the US for the foreseeable future," the company said in a statement.
www.bbc.co.uk
RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.
"After careful consideration, it was determined there is no path forward to permit these projects in the US for the foreseeable future," the company said in a statement.
Trump administration to pay German firm to halt US wind projects
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.
www.bbc.co.uk
Mojo
Mostly harmless
We're going to do it first.
Norman Alexander
Penultimate Amazing
IOW, "The Trump admin made it impossible to proceed at all, but strangely more profitable for us to not do anything else in the USA. We are just going to pretend we will invest in gas, because that ◊◊◊◊ is dying or dead technology now. We think the local oil billionaires may have had a hand in this deal..."German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with President Donald Trump's Department of the Interior (DoI).
RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.
"After careful consideration, it was determined there is no path forward to permit these projects in the US for the foreseeable future," the company said in a statement.
Trump administration to pay German firm to halt US wind projects
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.
Armitage72
Philosopher
I don't know who this is, unless he's just mocking random Americans now
Texas Democratic state representative James Talarico, currently running for US Senate. The missing tooth is edited.
He started making the comparison back in May.
Last edited:
Segnosaur
Penultimate Amazing
A couple of things:
- you would hope that a large (competent) multinational company would recognize that they republicans are unlikely to maintain the presidency past 2028, and as such would avoid making decisions that benefit them in the short term but could backfire if/when the democrats gain power again and decide to invest in alternative energy again. (And hopefully future democratic administration is will remember that companies like RWE are untrustworthy actors in the energy business and make decisions appropriately)
- anyone notice this is perhaps the worst possible situation for American consumers? They lose the generating capacity the wind farm would have provided (increasing electricity prices), and by creating a LNG export facility they are making it easier for gas to be exported (making fossil fuels pricier in the US)
It's like he's a tween who can't wait for a video game to come out. Posting everything about how cool it's gonna be.
shemp
a flimsy character...perfidious and despised
How did those trucks get up there, and if they're for refueling, wouldn't it be easier to have an underground tank with a pump? Also, why are these soldiers standing there at attention? Was this designed by a nine-year-old?
Andy_Ross
Penultimate Amazing
- Joined
- Jun 2, 2010
- Messages
- 84,754
It was designed for a nine-year-old.
shemp
a flimsy character...perfidious and despised
And then it turns out to be a piece of ◊◊◊◊ and everyone laughs at him.