Peak Oil is You

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Page added on August 26, 2020

The End of Oil Is Near

THIS PAST SPRING, coastlines around the globe took on the feel of an enemy invasion as hundreds of massive oil tankers overwhelmed seaports from South Africa to Singapore. Locals and industry analysts alike used the word armada—typically applied to fleets of warships—to describe scenes such as when a group of tankers left Saudi Arabia en masse and another descended on China. One distressed news article proclaimed that a “floating hoard” of oil sat in tankers anchored across the North Sea, “everywhere from the UK to France and the Netherlands.” In April, the US Coast Guard shared an alarming video that showed dozens of tankers spread out for miles along California’s coast.

On May 12, Greenpeace activists sailed into San Francisco Bay to issue a challenge to the public. In front of the giant Amazon Falcon oil tanker—which had been docked in the bay for weeks, loaded up with Chevron oil—they unfurled a banner reading, “Oil Is Over! The Future Is Up to You.”

The oil industry has turned the oceans into aquatic parking lots—floating storage facilities holding, at their highest levels in early May, some 390 million barrels of crude oil and refined products like gasoline. Between March and May, the amount of oil “stored” at sea nearly tripled, and it has yet to abate in many parts of the world.

See through oil barrel This tanker invasion is only one piece of a dangerous buildup in oil supply that is the result of an unprecedented global glut. The coronavirus pandemic has gutted demand, resulting in the current surplus, but it merely exacerbated a problem that’s been plaguing the oil industry for years: the incessant overproduction of a product that the world is desperately trying to wean itself from, with growing success.

Today, the global oil industry is in a tailspin. Demand has cratered, prices have collapsed, and profits are shrinking. The oil majors (giant global corporations including BP, Chevron, and Shell) are taking billions of dollars in losses while cutting tens of thousands of jobs. Smaller companies are declaring bankruptcy, and investors are looking elsewhere for returns. Significant changes to when, where, and how much oil will be produced, and by whom, are already underway. It is clear that the oil industry will not recover from COVID-19 and return to its former self. What form it ultimately takes, or whether it will even survive, is now very much an open question.

Under President Donald Trump, the United States has joined other petroleum superpowers in efforts to maintain oil’s dominance. While government bailout programs and subsidies could provide the lifeline the industry needs to stay afloat, such policies will likely throw good money after bad. As Sarah Bloom Raskin, a former Federal Reserve governor and former deputy secretary of the Treasury, has written, “Even in the short term, fossil fuels are a terrible investment. . . . It also forestalls the inevitable decline of an industry that can no longer sustain itself.”

In contrast to an agenda that doubles down on dirty fuels, a wealth of green recovery programs aim to keep fossil fuels in the ground as part of a just transition to a sustainable and equitable economy. If these policies prevail, the industry will rapidly shrink to a fraction of its former stature. Thus, as at no other time since the industry’s inception, the actions taken now by the public and by policymakers will determine oil’s fate.

The Greenpeace activists are right. Whether the pandemic marks the end of oil “is up to you.”

THE OIL INDUSTRY is in such dire straits today because of the multiple crises it has faced since well before the pandemic. These upheavals are largely the result of the decades of organizing that have cast a dark shadow over the industry and exposed the harms associated with oil. This advocacy has helped to shut down and delay fossil fuel projects through direct-action protest, bring about current and expected policies to cut demand and production, make sustainable transportation and renewable energy more accessible and affordable, and reduce the political and economic benefits of supporting the oil industry. The result of the organizing and advocacy is death by a thousand cuts, leaving behind an industry producing too much of a commodity that is of shrinking value.

For more than a decade, volatility has been a hallmark of global oil markets. Within extreme highs and lows, however, there exists a consistent trend: a fall both in oil prices since 2008 and in the growth of demand for oil since at least 2011. After reaching a record high of $148 a barrel in 2008, which helped spark the Great Recession, the price of a barrel of oil in November 2019 was just $60. The growth in demand for oil worldwide in 2015 was more than two and a half times greater than in 2019; it plunged precipitously between 2017 and 2019. Despite the contraction in demand, companies kept pumping larger amounts of oil. By 2018, the global oil supply had outstripped demand, causing a glut. The situation was dire enough that the research consulting firm McKinsey & Company warned oil-producing nations in 2019 to begin “sufficiently diversifying their economies for a post-[oil] peak demand world.”

Corporate profits and market values, as well as investor returns, have been in a nosedive. Between 2012 and 2017, the oil majors’ profits collapsed. BP’s profits dropped by 68 percent, Chevron’s by 65 percent, ExxonMobil’s by 56 percent, and Shell’s by 50 percent. In December 2019, Chevron was forced to write off $10 billion in losses.

Global indexes measuring the value of the largest oil companies hit a 50-year low in 2018; of the world’s 100 biggest stocks, only six were oil producers. By 2019, the fossil fuel industry ranked dead last among major investment sectors in the United States. This was not surprising, given that the US oil and gas industry was in debt to the tune of $200 billion, largely because of struggling small fracking companies.

Even as investors were abandoning oil company stocks, a flood of cheap money and easy credit had been keeping the industry afloat. During the past decade, the US fracking industry lost $300 billion yet was able to continue producing, thanks to the financial backing of government subsidies, banks, hedge funds, and other investors. But well before the pandemic arrived, the private-capital flows were weakening. In addition, every major Democratic candidate for president pledged to end government subsidies for fossil fuels. Painting an ominous picture for the Wall Street Journal in 2019, Raoul LeBlanc of IHS Markit said that oil companies “don’t have the ability to borrow anymore.”

The loss of investor confidence was also a result of global activism. Nearly a decade of organizing around the demand that major institutions divest themselves of fossil fuel stocks had resulted in an estimated $11 trillion worth of commitments to sell off oil, gas, and coal holdings by late 2019. The divestment effort spawned a sister movement calling on banks and hedge funds to stop financing fossil fuel projects. “It’s been critical for Black people, Indigenous people, and people of color to stop the money pipeline,” says Reverend Lennox Yearwood Jr., president of the Hip Hop Caucus. These financiers, he argues, “would rather invest in our destruction, in our genocide, than in our lives and our future.” After spending trillions propping up the industry, most major North American and European banks decreased their funding for fossil fuels between 2017 and 2018.

As their fortunes diminished, oil and gas companies and many oil-producing countries tried to drill their way out of financial crisis. To pay back lenders and stockholders—or, in the case of state-owned companies, to generate the income for government budgets—producers kept pumping oil. But recall that in the midst of overproduction, both the price of oil and demand growth had been dropping, creating a vicious cycle in which producers had to sell more oil to make the same or even less money.

Oil production rose globally, but most aggressively in the United States. After production fell in the last year of the Obama administration, Trump’s “American energy dominance” policy spurred a historic ramp-up. US oil production reached its highest levels in history in 2018, and again in 2019. The boom made the United States the world’s largest oil producer and drove production across the nation, with states including Colorado, New Mexico, North Dakota, Ohio, Oklahoma, and Texas all reaching record highs.

A massive oversupply, a slew of indebted and overleveraged companies, wary investors, and a hostile public: All of the signs were there of a bubble ready to burst. In an October 2019 commentary for Bloomberg, Noah Smith, a leading energy analyst and finance professor, declared, “The age of oil is coming to a close.”

The COVID-19 pandemic has brought into sharp relief the existing fragilities within the oil industry—and then made each of them worse. The pandemic has also revealed new ways that oil harms the public, as studies confirm that exposure to air pollution generated largely from fuel combustion from cars, refineries, and power plants increases COVID-19 death rates and that climate change (caused by the production and use of oil and other fossil fuels) is making outbreaks of infectious diseases more common and more dangerous.

As the pandemic took hold, governments around the world implemented stay-at-home orders. People delighted in the newly clean air as airplanes, trucks, trains, and cars went idle. Consumption of fossil fuels, especially gasoline, collapsed, and with it the price of oil.

The world’s leading petrostates took advantage of the moment to ensure their own survival. In March, US oil production increased even as Saudi Arabia and Russia entered into a price war that pushed the price of oil down even further. In April, President Trump met with US oil companies and then separately and individually with President Vladimir Putin of Russia and Saudi Arabia’s Crown Prince Mohammed bin Salman. Shortly thereafter, OPEC+ (the Organization of Petroleum Exporting Countries plus Russia, Bahrain, Mexico, and another half dozen producers) reached a global agreement to cut oil supply. But the OPEC+ production cuts wouldn’t take effect until May, and, in the short term, oil production in many countries surged. The geopolitical and corporate machinations provide a stark demonstration of how, even when faced with the worst possible scenarios for demand, supply, and price, the oil industry simply will not stop drilling unless it is forced to do so.

The oil glut quickly became a tsunami. Under the weight of all that oil, in April the price of oil crashed to negative $40 dollars a barrel—the lowest amount in history. Yet even at that bargain-basement price, there were few takers. Panic jolted the industry. The state of Oklahoma pronounced oil to be “economic waste.” Texas briefly considered mandating production quotas. From deep inside the heart of the US fracking boom, the Bismarck Tribune editorial board declared, “North Dakota must wean itself from oil dependence.”

OPEC, Russia, and other supplier nations did finally begin to hold back oil production. By June, global oil supply had fallen by some 12 million barrels a day (nearly 13 percent). But demand had plunged by more than twice that amount, or nearly 30 million barrels. In the United States, the frackers finally caved: Production fell by 3 million barrels a day in May, with virtually all the reductions coming from the shale—or fracking—regions of the country. In Colorado, oil production in April was just one-sixth of the volume in March. In North Dakota, production fell by 17 percent in that March-to-April period. Not only have some existing wells been closed in; fewer new ones are being drilled as well. There were just 10 rigs in North Dakota fracking new wells in June versus 61 the year before.

The fall in new drilling led to a collapse in jobs. Across the United States, more than 100,000 oil and gas and associated industry jobs were lost between March and May.

While the production slowdown by the OPEC+ nations is a temporary agreement, oil analysts Casey Merriman and Abhi Rajendran of Energy Intelligence expect a good deal of the US oil production cuts to be permanent. They predict that the country has reached peak oil production and will never return to the record 13 million barrels of oil per day reached in November 2019. COVID-19 has sped up a process already well underway, the analysts contend: Oil basins in the United States outside the Bakken Formation in North Dakota and the Texas–New Mexico Permian are turning into permanent “fringe” basins. In an astounding prediction, they argue that “geologic consolidation” will now take place, with US oil production shrinking—though not ending—everywhere other than the Permian, with production concentrating in the hands of the biggest players (see “A Long Sunset”).

Big Oil, Russia, and Saudi Arabia seem to have scored at least one win. The price of oil increased from negative $40 a barrel in April to around $40 a barrel by summer. Those prices mean more income, but not enough (in the absence of external financial backing) to prop up smaller fracking companies, whose break-even price per barrel is closer to $50. Many are already declaring bankruptcy. This is good news for the largest oil companies, including ExxonMobil, Chevron, and Shell. Each partners regularly with the members of OPEC and Russia, and they have long shared the goal of burying the smaller frackers, blamed for unfettered (and unstoppable) oversupply. The oil majors were late to join the shale revolution, and they have spent years trying to buy up and push out smaller rivals, especially in the Permian Basin. Now COVID-19 appears to have provided the opening they’ve sought.

But these newfound advantages for the majors represent a minor victory in a losing effort and are simply not enough to halt these companies’ own downward slides. In June, Moody’s predicted that global oil demand may have peaked in 2019. Shell announced that it will slash up to $22 billion from the value of its assets, and BP is selling assets worth $15 billion, including its petrochemical business, and eliminating 10,000 jobs worldwide. Chevron is cutting about 6,000 workers worldwide, and ExxonMobil, after taking a $3 billion write-down in May, announced that it could drop as many as 7,500 workers in the United States alone. They join some 55 oil companies that have announced plans to cut more than $37 billion from their pre-COVID 2020 spending budgets.

“The energy industry that emerges from the crisis will be significantly different from the one before,” argued the International Energy Agency in May, before making an aggressive pitch for a “once-in-a-lifetime opportunity” for governments worldwide to reboot their economies with $3 trillion in investments that will move us away from fossil fuels and toward “a more resilient and cleaner-energy future.”

“HISTORICALLY, pandemics have forced humans to break with the past and imagine their world anew,” the novelist and essayist Arundhati Roy wrote in April. “This one is no different. It is a portal, a gateway between one world and the next.” One month later, she joined with author Naomi Klein to launch a Global Green New Deal.

We live in a world that remains hardwired to oil. Now the oil industry is balanced on a precipice. Whether it survives the COVID-19 pandemic rests with public will and government policy: Will countries remain stuck within the oil era or move into a less volatile and more sustainable future? As goes the price of oil, so too goes the global economy—and we’re dangerously close to repeating the mistakes that led to the 2008 global financial crisis. Then, the price of oil skyrocketed to almost $150 a barrel, crushing consumers and consumer nations. Today, the collapse in oil prices has pulled producers and poor producer nations down with it. To save ourselves, we must unwind from oil.

Clearly, leaving Donald Trump, Vladimir Putin, and Mohammed bin Salman in charge of a global solution is a sure way to lock in a world order tied to oil. The extent to which governments are already stepping in to provide the capital that is otherwise draining from the industry is a testament to Big Oil’s remaining political prowess. Led by President Trump and Republicans in Congress, oil and gas companies in the United States had, by June, received billions of dollars in both direct federal COVID-19 benefits and indirect payouts through new Federal Reserve pandemic-relief spending, according to my own calculations for Sierra.

But there are alternatives that take us in another direction: actions and policies to rapidly transition away from fossil fuels and over to a just, equitable, and sustainable economy based on localized renewable energy sources and sustainable transportation systems.

First, we must acknowledge that falling demand and decreasing prices will not be enough to bring about a transition away from oil. Although Energy Intelligence analysts predict that the United States has reached its peak of oil production, their projections anticipate that some 10 million barrels of oil a day could be produced here through 2040. This amount is incompatible with the needs of social justice and public health, the Paris Agreement, and the goal of keeping average global temperatures from rising beyond 1.5 degrees Celsius.

To lock in the production cuts that have already been implemented and go beyond them requires keep-it-in-the-ground policies that are based on a “managed decline” in oil production. On the global level, turning away from oil will require wealthy countries to meet their obligations under the Paris Agreement and provide $500 billion by 2025 to support poorer countries’ transition to green, sustainable economies. These funds can be increased and should include targeted support for efforts in poor countries to keep their oil in the ground. The International Monetary Fund can help by expanding its recent decision to provide debt relief to struggling nations.

In the journal Climate Policy, Sivan Kartha, co-leader of the Stockholm Environment Institute’s Gender and Social Equality Programme, and Greg Muttitt, former research director of Oil Change International, recently laid out a path for a managed phaseout of fossil fuel extraction centered on equity and climate justice. The phaseout would begin in those communities—most typically communities of color—that disproportionately suffer the harms of extraction without the benefits. Also, wealthier, more diversified economies—led by the United States, Canada, and the UK—in which the social and economic costs of shuttering fossil fuel sectors are the least, would act most swiftly while simultaneously assisting poorer countries in their transition.

There are also many ideas for how the United States can disentangle itself from the power of the oil industry. The Freedom From Fossil Fuels platform—crafted by Governor Jay Inslee of Washington State and later adopted by Senator Elizabeth Warren—and its plans for securing environmental and climate justice (combined with the Frontlines Climate Justice Executive Action Platform from the progressive think tank Demos) may provide the most comprehensive road map for navigating a managed decline. The Freedom platform includes banning all new fossil fuel leasing on federal lands and offshore waters; ending government subsidies for fossil fuels; banning fracking; and tightening regulatory controls such that public health and safety and environmental protection are prioritized over fossil fuel production.

Going further, increasingly popular plans for local and national Green New Deals and global green stimulus packages will ensure the necessary government support for transitioning oil-dependent workers to well-paying, unionized green-energy jobs. For example, the government could provide financial support for or hire oil and gas workers to shut in and clean up abandoned wells, and oil and gas pipeline workers—whose skills are agnostic as to what flows through the pipes—could rebuild and maintain failing water and sewage lines. At the same time, more people are supporting the ongoing efforts of frontline communities, particularly Indigenous peoples, to defend their lands from fossil fuel operations.

The pandemic has made painfully clear that there are two ways the age of oil might end. There’s the status quo path, in which we are so overcome by the disasters brought about by our oil reliance—calamities in the forms of war, political upheaval, and the climate catastrophes of worsening drought, floods, hurricanes, fires, and disease—that we are unable to consume oil. And there is a more intentional, thoughtful path, one that embraces justice, equity, and sustainability. If we take that route, the “end of oil” will be a commitment to live in peace with one another and the planet.

The choice is up to us.

This article appeared in the September/October 2020 edition with the headline “The End of Oil?”

This article was funded by the Sierra Club Foundation.

sierraclub

43 Comments on "The End of Oil Is Near"

Theedrich on Thu, 27th Aug 2020 2:50 am

Yup, “justice, equity, and sustainability.” Forget the 3.5-billion-year lessons of evolution. Give the rioting lower humanoids and lemmings everything they scream and pillage for. Regress to the jungle. Workers, unite. From each according to his ability, to each according to his need. End White supremacy and its Cartesian logic. In fact, end Whites.

There is an old fairy tale about a prince’s quest for a real princess to marry. He was able to find her only by having the candidates sleep on a pile of mattresses atop a single pea. Only the true princess, who was royally sensitive, was unable to sleep on the pile because the pea made it so uncomfortable. Thus the prince found his true mate.

The indolent youth and affluent, video-game-playing drones are the princesses of our times. Unable to tolerate the oppressive racism, disrespect and historically unprecedented monstrosity of Western civilization, they reveal themselves as the moral royalty beloved by the princely Yid billionaires who will change American society into a utopian dream. It’s a marriage made in heaven, as the Negrophilic crown princes destroy American cities to the delight of the nihilist Left. Together with the ChiCom virus, the ubiquitous narcotics and the hurricane of illegals now swamping the land, the darlings assure the end of Yankeedom. China will mop up what is left after the system collapses from within.

Only then will we have justice, equity, and sustainability. As defined by Marxist population-reducers.

Cloggie on Thu, 27th Aug 2020 2:54 am

After more than 100 years of oil refining on the island of Curacao in the Dutch Caribbean, the refinery is probably history, now that a Swiss firm decided NOT to take over the plant after all. Swiss and oil.lol

https://nptprocestechnologie.pmg.be/nl/dossier/MPTbe2003S31_00

The refinery was build by Royal Dutch Shell in 1917 and operated until 1968. The situation in Venezuela and the eternal US sanctions have brought the refinery to a stand-still for 1.5 years.

No worries though, a successor is waiting in the wind, errr, wing:

https://deepresource.wordpress.com/2020/08/26/energy-is-the-key-to-geopolitical-success/

The demand for offshore wind world-wide is so big that they can’t build jack-up ships fast enough to service demand.

For Americans the Gorbachev warning applies: “life punishes those who come too late”.

Abraham van Helsing on Thu, 27th Aug 2020 3:00 am

“Together with the ChiCom virus, the ubiquitous narcotics and the hurricane of illegals now swamping the land, the darlings assure the end of Yankeedom. China will mop up what is left after the system collapses from within.”

My favorite US soccer mom (smart lawyer) reporting about the true state of the US from within, until youtube (The Bolshevik Enemy) will cancel her:

https://www.youtube.com/watch?v=udZ7RdKR9bE

She is from New Hampshire (future English dominated territory) and is visiting her family in Texas. She does that now because she fears that this will be her last chance to do so in at least a couple of years. She runs her show on Wednesday and Sunday-night.

I AM THE MOB on Thu, 27th Aug 2020 3:16 am

Our entire global economy is a house of cards. The entire food chain is a process of just in time inventory that relies on transportation and machinery. I suppose some people could survive by eating wild plants and animals. But that too will become scarce. More likely scenario is people eating one another.

When will the collapse happen?

When the majority of the general public realize “normal” is never coming back or anything even close.

Abraham van Helsing on Thu, 27th Aug 2020 3:20 am

Multi-polar world latest: Turkey is lusting after the Greek islands and the potential oil in the surrounding sea, in front of its western coast. French and Italian navy teaming up with the Greeks:

https://www.dw.com/en/france-joins-greeces-naval-exercises-amid-turkey-row/a-54700105

“France joins Greece’s naval exercises amid Turkey row”

A war between the EU and Turkey is a perfect pretext to throw out millions of “surplus” Muslims from Europe, a perfect catalyst to finally get serious with an integrated EU army and MIC and practice a little with the Turks, together with the Russians and prepare ourselves for the real fun in North-America, deep into CW2.

These are the islands involved:

https://en.wikipedia.org/wiki/Aegean_dispute

The additional goal must be to reconquer the Edirne province and Constantinople-West (and the Hagia Sophia) and provide our future Russian allies a free naval passage between Constantinople and Troy:

https://www.vectorstock.com/royalty-free-vector/republic-of-turkey-map-vector-1774745

…and create a defensible border between Europe and Islamic West-Asia. These libtards from “Istanboel” have always been so keen to join the EU. Well, we can make an exception for them.

Abraham van Helsing on Thu, 27th Aug 2020 3:53 am

When will the collapse happen?

She says that “all dams will break in the US around the elections” and I believe this is a serious possibility, certainly if Trump would lose in a landslide or in case of a contested election (which is a much more likely scenario):

https://www.youtube.com/watch?v=udZ7RdKR9bE

But indeed, the US embroiled in a conflict with itself opens the door world-wide for massive geopolitical change:

– Taiwan, Philippines, Australia and New Zealand will become member of the “Chinese sphere of influence”, to put it diplomatically.

– In response Russia, Ukraine and Belarus will become full members of the Common European Home:

https://parisberlinmoscow.wordpress.com/2020/04/23/russian-eu-ambassador-offers-europe-unlimited-cooperation/

– KSA and all the other US allies in the Persian Gulf will be toast. Shia parts go to Iran, the Sunni rest to Turkey.

– Good news for Venezuela, expect US sanctions to be lifted, c.q. become irrelevant.

– Nord Stream 2 pipeline Russia-Germany will be completed in no time.

– War EU/Russia against Turkey over Aegean and Constantinople.

– The UK losing its major US ally-of-choice could rethink its position and opt for some Norway deal (economic Brexit in name only), but will not return to the EU.

– Scottish independence and Irish reunification in the wake of Brexit.

– Multicult will be officially abolished in Europe (“Europe for the Europeans”)

Questions, mobster?

Davy on Thu, 27th Aug 2020 4:45 am

“The additional goal must be to reconquer the Edirne province and Constantinople-West (and the Hagia Sophia) and provide our future Russian allies a free naval passage between Constantinople and Troy:”

cloggo, you realize this shit is only in your head? It in no way resembles reality. You really have gone into the gutter much like juanPPee the lunatic.

Davy on Thu, 27th Aug 2020 5:17 am

“Trump And Pompeo Craft No-Win Solutions For The World”
https://www.zerohedge.com/geopolitical/trump-and-pompeo-cdraft-no-win-solutions-world

“You have to hand it to the sociopaths running U.S. foreign policy, they are very adept at creating no-win scenarios for their opponents. Secretary of State Mike Pompeo was just handed a major defeat at the United Nations Security Council, who voted down a resolution to extend the arms embargo against Iran. The strategy employed by Trump and Pompeo here is so absurd even the U.N.’s harshest critic, madman John Bolton, thinks they are nuts to go this route. I remain convinced that a lot of his foreign policy ‘blundering,’ as Philip Giraldi called it recently (which I don’t disagree with), is part of his purposefully blowing up the old order between the U.S. and Europe now that it’s clear to me the globalists’ goal of a Great Reset involves destroying the U.S. and moving the center of western power to the European Union.“

Davy on Thu, 27th Aug 2020 5:32 am

“The Totalitarian Future Globalists Want For The Entire World Is Being Revealed”
https://www.zerohedge.com/geopolitical/totalitarian-future-globalists-want-entire-world-being-revealed

“The most powerful clique in these (CFR) groups have one objective in common, they want to bring about the surrender of the sovereignty and the national independence of the U.S. They want to end national boundaries and racial and ethnic loyalties supposedly to increase business and ensure world peace. What they strive for would inevitably lead to dictatorship and loss of freedoms by the people. The CFR was founded for “the purpose of promoting disarmament and submergence of U.S. sovereignty and national independence into an all powerful one world government.”

JuanP on Thu, 27th Aug 2020 5:34 am

Violent Crime Now Almost As Important To American Voters As COVID-19
As riots and unrest continue to dominate the headlines, a new poll has found that almost as many American voters now view violent crime as an important election issue compared to coronavirus, something that is likely to help President Trump. While cities like Portland have seen riots on a nightly basis for a virtually unbroken time period, the mayhem has now spread to Kenosha, Wisconsin, where two people were fatally shot last night. The bedlam is now reflected in the polls, with Americans becoming increasingly concerned about law and order. “A sizable 59 percent of voters in the survey indicate that violent crime, which President Trump has framed as happening in Democrat-controlled cities, is a “very important” factor in casting their ballots,” writes Rusty Weiss. He cites a Pew poll which found that coronavirus has dropped to the fourth most important issue with 63 percent concerned. “A new Pew survey found that violent crime is now the fifth-most important issue for votes, with 59% listing it as ‘very important’ to their vote. For context, it’s nearly as important to Americans as the coronavirus, which ranks fourth with 63%”https://t.co/25M33A3GVy — Josh Kraushaar (@HotlineJosh) August 24, 2020 When broken down along party lines, 74 percent of Trump supporters view violent crime as an important issue compared to 46 percent of likely Biden voters. As we highlighted earlier, CNN host Don Lemon appears to be worried that the relentless riots and unrest that have plagued American cities for the last three months are aiding Trump. “I think Democrats are ignoring this problem or hoping that it will go away…Joe Biden may be afraid to do it…He’s got to address it. He’s got to come out and talk about it,” said Lemon. A CNN poll taken earlier this month also found that Biden’s lead over Trump had dropped 10 points since early June. Meanwhile, the public’s diminishing concern about coronavirus also appears to be helping President Trump’s approval rating in the polls. A new poll released today that was taken immediately after the DNC found that “Trump had a 48% approval rating and a 52% disapproval rating among likely voters in Arizona, Florida, Michigan, North Carolina, Pennsylvania, and Wisconsin.” This compares with a 46%/54% approve/disapprove split two weeks ago, when fears about COVID-19 were slightly higher

https://www.zerohedge.com/political/violent-crime-now-almost-important-american-voters-covid-19

the board on Thu, 27th Aug 2020 5:35 am

The only place dumb fuck juanP goes is Zero Hedge.

Abraham van Helsing on Thu, 27th Aug 2020 5:37 am

cloggo, you realize this shit is only in your head? It in no way resembles reality. You really have gone into the gutter much like juanPPee the lunatic.

Really?

https://www.express.co.uk/news/world/1314120/EU-crisis-Turkey-Greece-Erdogan-naval-clashes-Emmanuel-Macron-Brussels-latest

“EU crisis: Showdown with Turkey sparks military fears as Erdogan mocks Macron’s threats”

https://www.youtube.com/watch?v=6M3F-FjLipc

Erdogan is using “refugees” as a weapon and means to blackmail the EU.

https://www.defensenews.com/global/europe/2020/06/22/a-naval-arms-race-is-gaining-speed-in-the-mediterranean-sea/

“A naval arms race is gaining speed in the Mediterranean Sea”

https://www.wsj.com/articles/france-sends-navy-to-eastern-mediterranean-amid-turkey-greece-standoff-11597318623

“France Sends Navy to Eastern Mediterranean Amid Turkey-Greece Standoff”

Isn’t it time to milk your goats?

Davy on Thu, 27th Aug 2020 5:40 am

“France Sends Navy to Eastern Mediterranean Amid Turkey-Greece Standoff”

euros can’t fight without the Americans cloggo. Wake up to reality. France sends one ship as a token appearance. You are about as dumb as juanPPee but at least you debate. juanPPee hides in fear of a one on one debate.

Abraham van Helsing on Thu, 27th Aug 2020 5:40 am

“The Totalitarian Future Globalists Want For The Entire World Is Being Revealed”
https://www.zerohedge.com/geopolitical/totalitarian-future-globalists-want-entire-world-being-revealed

The globalists can WANT all they WANT, but that doesn’t mean it is going to happen. No way China, Russia, Iran, India and increasingly the EU have any intention to submit themselves to a bunch of US oligarchs. They gladly wipe their arses with US oligarchs.

https://www.rt.com/news/387313-us-losing-leadership-eu-mogherini/

“‘US losing world leadership, Europe can replace it’ – EU top diplomat Mogherini”

Multi-polar world is next, dominated by China and Greater Europe, NOT world government.

Davy on Thu, 27th Aug 2020 5:41 am

“Robert Gore: Our Dystopia Is Their Utopia”
https://www.zerohedge.com/political/robert-gore-our-dystopia-their-utopia

“The heretofore insulated elites who prattle about social justice and defunding the police are now beset by “social justice warriors” destroying their neighborhoods, looting their shopping districts, and brutalizing innocents as pleas for protection go unanswered. The police-maintained barrier between the ghettos and the high-rent districts has been breached by thugs who drive, cell phones, instant messaging, flash riots, random destruction and violence, and plenty of cash and firearms. It won’t be restored and the elites know it. They can hire private security and hunker down or they can flee. A substantial percentage are fleeing. The rest of us watch the urban detritus videos in horror: homeless encampments stretching for blocks, boarded up stores and restaurants, beggars, food lines, thieves, random violence, impoverished mothers and children, people urinating, defecating, masturbating, and shooting up in full view, discarded needles, broken windows, abandoned and burnt-out buildings, decimated neighborhoods, and the ubiquitous cockroaches and rats. Only if you understand that this is what the collectivists had in mind can you understand the chaos and unfathomable evil enveloping the world. Our dystopia is their utopia. The carnage, chaos, and collapse in full bloom in American cities are the sum and substance of what the statist collectivists want. Is this the prelude to the imposition of a totalitarian order?“

Davy on Thu, 27th Aug 2020 5:49 am

“US Cargo Thefts Erupt As Violent Crime Spreads Across America”
https://www.zerohedge.com/markets/us-cargo-thefts-erupt-violent-crime-spreads-across-america

“A rapid increase in cargo thefts, robberies, and violent crime across US metros is not surprising whatsoever as a virus-induced recession has unleashed depressionary unemployment levels for the bottom 90% of Americans. Tens of millions of folks are still unemployed, and now, have not received Trump stimulus checks in three weeks as they go broke and hungry, also at risk of eviction. The recession has transformed America into a dangerous country as any hope for a “V-shaped” economic rebound this year has been dashed.“

Abraham van Helsing on Thu, 27th Aug 2020 5:49 am

“Euros can’t fight without the Americans”

That’s a ridiculous exceptionalist thought from the depth of yankeedom, like this fool, who thinks that the immanent end of America means the end of the world. ROFL

https://www.youtube.com/watch?v=irWhY2_A4RY

First of all Americans can’t fight, no morale:

“Their Wehrmacht Was Better Than Our Army – Washington Post”

You needed help from continental Europe to get independent from Britain. You get your ass kicked by third rates like Vietnam, Korea, Afghanistan, Lebanon, Somalia.

We don’t need you for anything. The only interesting thing about you is your departure date (from Europe). Your WW2 gain was a windfall profit from the fight of two real nations: Germany and Russia. It remains to be seen if you can defeat your diversity on your own in the upcoming CW2, without continental European help. Probably not. That’s OK. American independence was a mistake anyway, since your sense of identity and general intelligence to withstand the youknowwho is too low for your independence. You are better of as junior partner of continental Europe, after the break.

Davy on Thu, 27th Aug 2020 5:54 am

“17 Facts That Prove The US Economy Is A Complete And Total Disaster-Zone At This Point”
https://www.zerohedge.com/personal-finance/17-facts-prove-us-economy-complete-and-total-disaster-zone-point

“Industry after industry is in the process of unraveling, major economic bubbles are bursting all around us, and the economic pain that is on the horizon is going to dwarf what we are going through at this moment. The mainstream media admits that a “collapse” has happened, but they still believe that eventually things will turn around and get back to where they were before. And there are some people out there that actually believe that America’s greatest days of economic prosperity are still ahead of us. You can go ahead and believe that if you want, and I definitely understand that many people would prefer to be optimistic about the future. But sticking our heads in the sand won’t make the facts go away. It has taken decades of catastrophic decisions to get us to this point, and anyone that thinks we can just snap our fingers and turn things around is just being delusional.”

Davy on Thu, 27th Aug 2020 6:07 am

“Euros can’t fight without the Americans” “That’s a ridiculous exceptionalist thought from the depth of yankeedom, like this fool, who thinks that the immanent end of America means the end of the world. ROFL”

Come on cloggo, recent history proves this out. Euros follow the leader.

“First of all Americans can’t fight, no morale:”

LOL, Americans have the best fighting machine in the world.

“Their Wehrmacht Was Better Than Our Army – Washington Post”

Cloggo, that was early 20th century. You do realize we are in the 21 century?

“You needed help from continental Europe to get independent from Britain. You get your ass kicked by third rates like Vietnam, Korea, Afghanistan, Lebanon, Somalia.”

US didn’t get its ass kicked by any of them cloggo, the US has never had large units driven from the battle field in any of these wars. If there was a loss it was political not military

“We don’t need you for anything”

We defend you so you lazy euro can eat chesse and drink wine in please places.

Abraham van Helsing on Thu, 27th Aug 2020 6:13 am

No-deal Brexit coming up, breach with Britain almost inevitable:

https://www.dailymail.co.uk/news/article-8668041/Germany-scraps-plans-EU-Brexit-talks-theres-no-progress-discussions.html

“Germany scraps plans for EU Brexit talks because ‘there’s been no progress’ in discussions with Britain and Boris Johnson ‘doesn’t understand how negotiations work'”

In reality the EU was never interested in a deal, but always was aiming at setting a harsh example to potential future defectors. It is just they could not admit that they want to create the conditions to encourage Scotland and Ulster to escape from West-Minster and leave defector Britain in a mess. 2020 was quite a year but will pale in comparison with 2021:

– Corona will stay
– major trouble in the US
– UK isolated from the continent, which is good for Labour that is now a Remain-party under Starmer.
– Scottish independence attempt in the wake of a no-deal Brexit in an attempt to return to Europe.

Abraham van Helsing on Thu, 27th Aug 2020 6:21 am

“Come on cloggo, recent history proves this out. Euros follow the leader.”

Those days are nearly over:

https://www.rt.com/news/387313-us-losing-leadership-eu-mogherini/

“LOL, Americans have the best fighting machine in the world.”

Hardware yes, but no morale. Everybody can beat you and DOES beat you: Vietnam, Korea, Lebanon, Iraq, Syria, Afghanistan, Venezuela.

“Cloggo, that was early 20th century. You do realize we are in the 21 century?”

Yep and this is not going to be your century. This century (decade rather) is going to be your last.

“We defend you so you lazy euro can eat chesse and drink wine in please places.”

You never “defended” us, but instead murdered us, colonized us, together with Soviet trash and imposed a multicult model of society, that, thank God, is killing you first… so we can escape. Roles between Europe and the US are going to be reversed and 1492-1776 normality is going to be restored. Not that you deserve it to be part of the European world, but you are the ugly uncle we are stuck with. And we will need all hands on deck to contain the Chinese. I guess it’s your lucky day.

(but we are going to mini-nuke an evacuated Washington as a symbolic revenge. No need to nuke Manhattan and Wall Street as the darkies are taking care of that hapless city as we speak)

Davy on Thu, 27th Aug 2020 6:33 am

“Come on cloggo, recent history proves this out. Euros follow the leader.” “Those days are nearly over”

In your dreams cloggo, no evidence only talk.

“LOL, Americans have the best fighting machine in the world.” “Hardware yes, but no morale. Everybody can beat you and DOES beat you: Vietnam, Korea, Lebanon, Iraq, Syria, Afghanistan, Venezuela.”

Cloggo, US forces have the best morale in the world and they have been fighting for years. None of the other powers have had any wars to even show morale.

“Cloggo, that was early 20th century. You do realize we are in the 21 century?” “Yep and this is not going to be your century. This century (decade rather) is going to be your last.”

Cloggo, deflects his failed argument. So right your example is a bit dated

“We defend you so you lazy euro can eat chesse and drink wine in please places.” “You never “defended” us”

We have been defending you and enabling you for years, cloggo, quit living in denial. I know you have pride issues but get over it and grow up.

“but we are going to mini-nuke an evacuated Washington as a symbolic revenge.”

Wow, what a wounded animal lashing out in pain! LMFAO

JuanP on Thu, 27th Aug 2020 6:34 am

Davy and Cloggie, I am not going to join this debate because I am very depressed and frankly not that smart. You guys carry on.

Davy on Thu, 27th Aug 2020 6:35 am

“No-deal Brexit coming up, breach with Britain almost inevitable”

My god cloggo, as if 3 years was not enough of your delusional Brexit obsession. What a fruit cake! You are still no where near as fucked up as PPee juan

Abraham van Helsing on Thu, 27th Aug 2020 7:05 am

“Come on cloggo, recent history proves this out. Euros follow the leader.” “Those days are nearly over”

In your dreams cloggo, no evidence only talk.

Here is all the evidence you will ever need:

https://parisberlinmoscow.wordpress.com/2020/08/10/the-unraveling-of-the-united-states/

“What a fruit cake! You are still no where near as fucked up as PPee juan”

Translation: umpire dave is not 100% convinced of his own BS and quietly has “Europe” as his plan B, that’s why he doesn’t go in an all-out-war against me. Umpire dave is not as stoopid as he looks.

“Cloggo, US forces have the best morale in the world and they have been fighting for years. None of the other powers have had any wars to even show morale.”

No you haven’t. The French for instance walked into Indo-China and kept it for decades.

https://d.newsweek.com/en/full/323202/04-17-nam-fall-01.jpg

A handful of small and mid-sized European nations controlled most of the planet between 1492-1945 and used real hard-power if necessary.

But (((the smartest people on the planet))), after they got you under control in 1933 (that was the easy part), saw a window-of-opportunity to sick the British-French-Polish against the Germans, for their own advantage, after having an US-born Trojan horse named W.C. Churchill inserted into British politics, to do their bidding:

https://documents1940.wordpress.com/2017/09/27/churchill-stalin-alliance-as-of-1934/

https://documents1940.wordpress.com/2017/09/25/chamberlain-and-the-forrestal-diaries/

Fortunately you have me around to do the difficult understanding and splaining.

Abraham van Helsing on Thu, 27th Aug 2020 7:20 am

So much for the wisdom of playing socker, even without public or foreign vacations:

https://www.dailymail.co.uk/sport/football/article-8667739/Chelsea-hit-Covid-19-outbreak-EIGHT-players-quarantine-ahead-pre-season-return.html

“REVEALED: SIX Chelsea players have now tested positive for coronavirus and two more are also in quarantine after the squad were tested when they returned from their summer holidays”

No these young lads won’t die from it, but they certainly can infect the more vulnerable.

dissident on Thu, 27th Aug 2020 7:40 am

What a POS article. End of oil, when? Using some Covid-19 demand transient to claim that we are in some new era of no oil need or use is beyond retarded. As soon as things get back to “normal” all of the sudden it will no longer be the end of oil.

The problem is that there is not much of a transition away from oil. In spite of all the alt energy boosterism, it is a sideshow and will be so for *decades*.

Cloggie on Thu, 27th Aug 2020 8:08 am

The business case for short term industrial scale storage of renewable electricity:

https://deepresource.wordpress.com/2020/08/27/the-business-case-for-storage-in-a-single-graph/

Abraham van Helsing on Thu, 27th Aug 2020 8:40 am

Another Freed Reed masterpiece:

https://www.unz.com/freed/big-orlys-diary-and-the-crumpler-report/

“Big Orly’s Diary and the Crumpler Report
The View From Up the Holler”

“I’m gonna do it anyway. Being as I’m just a West Virginia boy, and mostly barefoot, and don’t have much sense, a lot of folk say, maybe I shouldn’t be explaining the world. But the world don’t make even as much sense as I do, so guess I’ll stick my fork in.

Sometimes I go up the holler here to see my old school teacher, whose name is Entropy McWilliams, and we look at stuff on his internet. For a while it’s been mostly about people with their innards in a uproar in Minneapolis, which I think is in either California or Alaska.

It’s hard to figure. We saw all these people busting up store windows because they want Social Justice, which I guess they keep in stores in Minneapolis. If they did that here they could find social justice real fast. It’s what a rope is for… And then these dim lights want to get rid of the po-lice, so thieving rascals can look easier in stores for that social justice. It looks to me like they can’t tell the difference between social justice and a TV set. I reckon about one feller with a twelve gauge could cure the whole mess in five minutes or ten rounds, whichever ran out first, but can’t nobody understand flatlanders…

Now, what I think is, charging blacks and injuns and all for every white invention they use, one at a time would be a motimgator long job and use more paper than eating a McDonald’s hamburger… But we got other news to gnaw on. I keep reading about this gal Rachel Tension and how she’s causing all kinds of bile along with Oprah… Anyway, women are taking over everything, most of them crazy. Along with Rachel Tension and Oprah, we’ve got that Clinton woman that’s even older than Ann Coulter and probably sleeps all day in some cave, hanging by her toes, and Elizabeth Warren, that used to be a Injun but cured it with a shot of DNA. And now we’ve got Joe Biden, who ain’t nothing but a titless Hillary on days when he can remember who he is, and pretty much nothing at all the rest of the time. Which might be a good reason to vote for him. We’ve had a long string of Presidents who did know who they were, and it ain’t been real satisfactory… I wasn’t sure what kind of gender fluid she meant but I knew I didn’t want to think about it”

LOL

IFuckBrownDiversityInTtheAss on Thu, 27th Aug 2020 10:23 am

I AM THE MOB on Thu, 27th Aug 2020 3:16 am

When will the collapse happen?

When the majority of the general public realize “normal” is never coming back or anything even close.

I have to agree with what is written above. Finally someone that understand how the real world works

zero juan on Thu, 27th Aug 2020 10:25 am

JuanP is an asshole:

IFuckBrownDiversityInTtheAss said I AM THE MOB on Thu, 27th Aug 2020 3:16 am Our en…

Abraham van Helsing on Thu, 27th Aug 2020 12:42 pm

Last call for Whitey – give it up for the Black Man!

FamousDrScanlon on Thu, 27th Aug 2020 6:03 pm

OH MY G IT’S A ‘WHITE GENOCIDE!!’ RUN RUN FOR YOUR LIVES YOUR HAIR’S ON FIRE BECAUSE ITS A WHITE GENOCIDE!!!!!!!!!! OH OH AND DON’T FORGET THE RED SCARE & MUSLIMS & BLACKS & OUTER SPACE ALIENS & SATANISTS AND AND AND….

Life is just so scary for the conservatard because it’s nothing but an unbroken chain of cradle to grave threats. Scary, but self flattering because you’re all so fucking important that all humans not in your sub-tribe have dedicated their entire lives to threatening yours- they don’t even have time to fuck or listen to music because all they do is think about hurting you cause they are jealous-N-stuff.

The Soviet threat was a myth

Stalin had no intention of attacking the west. We were to blame for the cold war

https://www.theguardian.com/world/2002/apr/19/russia.comment

Fear and Anxiety Drive Conservatives’ Political Attitudes

Can brain differences explain conservatives’ fear-driven political stances?

“In a 2012 study, liberal and conservative participants were shown collages of negative and positive images on a computer screen while their eye movements were recorded. While liberals were quicker to look at pleasant images, like a happy child or a cute bunny rabbit, conservatives tended to behave oppositely. They’d first inspect threatening and disturbing pictures—things like car wrecks, spiders on faces, and open wounds crawling with maggots—and would also tend to dwell on them for longer.

This is what psychologists call a “negativity bias.” If you think about it, this makes sense. When attention is biased toward the negative, the result is an overly threat-conscious appraisal of one’s surroundings. To many conservatives, the world may look like a much scarier place. This would seem to explain why so many major conservative viewpoints tend to be rooted in fear—fear of the president, immigrants, vaccinations, etc.

2. Conservatives have a stronger physiological response to threats.

A 2008 study published in the journal Science found that conservatives have a stronger physiological response to startling noises and graphic images. This adds to a growing body of research that indicates a hypersensitivity to threat—a hallmark of anxiety. But why exactly would those who scare more easily tend to support conservative views?”

https://www.psychologytoday.com/ca/blog/mind-in-the-machine/201612/fear-and-anxiety-drive-conservatives-political-attitudes

Progressives are cunts too. Not much difference to me since both want to dictate morality.

A pox on the lot of you. Please continue to arm yourselves & trigger & slaughter each other over fuck all.

Fear not, I promise to service your woman folk when you’re dead & burning in hell.

zero juan on Thu, 27th Aug 2020 6:22 pm

fuck face PPee juan:

FamousDrScanlon said OH MY G IT’S A ‘WHITE GENOCIDE!!’…

On moderated side:
Collapse of trickle-down freakconomics
by bochen777, August 27, 2020 5:11 pm

REAL Green on Thu, 27th Aug 2020 9:21 pm

How come we keep pretendin apeman is juanPPeePeee Davy? Could it be cus we need to see the docter? REAL Bad like?

print baby print on Fri, 28th Aug 2020 2:46 pm

Shale brought as 10 years. Thanks to covid 19 we get maybe a couple of years and than really a miracle can save the humans

makati1 on Fri, 28th Aug 2020 5:37 pm

As I see it, the end of oil waste is here. The elite want to keep it for themselves so they have started the demolition of everything in the hopes most of us will die off soon and leave the earth to them and enough of the serfs to keep them in luxury. Say a few million.

It gets more and more interesting to watch the demolition of the West from here. Especially the ‘Twone* Party’ election farce in the US. Psychos, clowns and greedy whores all. Pass the popcorn. *Two/One

Duncan Idaho on Fri, 28th Aug 2020 6:14 pm

The perfectly logical case for Donald Trump
https://www.washingtonpost.com/opinions/2020/08/28/perfectly-logical-case-donald-trump/

JuanP on Fri, 28th Aug 2020 6:24 pm

Duncan, I can see you are getting very nervous. Your rabid party people are committing suicide in multiple ways. It is sad to see a once great party crash and burn. It must be particularly bad for you because at 76 you are almost dead. Not too many more elections ahead for you

FamousDrScanlon on Fri, 28th Aug 2020 6:27 pm

Chicago Teachers Union “Endorses” Guillotine Built By Protesters Outside Jeff Bezos’ House
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 08/28/2020 – 19:00
Like they say, a rising tide lifts all boats, and while hundreds of thousands of newly minted Robinhood traders have been brought along for the ride as tech valuations soared during the spring and summer, the real winners – as always – will be the insiders, like CEO Jeff Bezos, who saw his personal wealth eclipse $200 billion this week.

Sophisticated people understand that market valuations fluctuate often, sometimes dramatically, and that what goes up, typically, must come down. Whatever changes his net wealth has undergone on paper, he still owns roughly the same list of assets from before the pandemic. But to America’s most dedicated leftists, Bezos latest personal wealth milestone was a PR opportunity that couldn’t be passed up. And so a group of crypto-communists purporting to be former Amazon employees constructed a guillotine – yes, an actual working guillotine – outside of Bezos’ home in Chicago.

Officially, the “protest” was organized to call for a $30 minimum wage, which is double the $15 minimum wage that is now in place in some of America’s most costly cities.

Any small business owner – say the owner of a coffee shop – can probably explain why paying someone $30 an hour to pour coffee, or to assemble McDonald’s food, simply isn’t feasible from a business economics perspective, unless American consumers suddenly start queuing up for $20 cups of plain ol’ coffee.

We suspect Chris Smalls, the “former Amazon employee” who led the protest, probably couldn’t offer a similarly thorough economic argument for why people deserve $30 an hour.

“Give a good reason why we don’t deserve a $30 minimum wage when this man makes $4,000 a second,” he said.

Bezos’ base salary is actually a paltry $80,000.

Smalls told the crowd about the long hours he worked at Amazon’s Staten Island shipping center without “adequate” pay (he likely received at least the same $15 an hour that protesters like him were demanding just a couple of years ago, or more). He finally walked out in protest over Amazon’s handling of the coronavirus, and was fired shortly afterward.

They’re asking for a $30 minimum wage. “Why not?” The lead protester says. pic.twitter.com/KlfXaUvq2X

— Nic Rowan (@NicXTempore) August 27, 2020
As if the guillotine wasn’t disturbing enough, Smalls shouted that he planned to go to every single one of Bezos’s homes and perform a similar stunt until “you meet our demands”.

FamousDrScanlon on Fri, 28th Aug 2020 6:32 pm

“They Would Have Killed Us” – Rand Paul Describes Attack By “Unhinged” Mob
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 08/28/2020 – 18:42
During his first live interview since being confronted and assaulted outside the White House last night, Rand Paul, the senator who back in June introduced a bill that would end the kind of “no-knock” warrants that contributed to the murder of Breonna Taylor, described the “horrific” experience of being attacked alongside his wife.

Rand Paul just got chased by a crowd back to his hotel, after leaving the White House from Trump’s Republican Party Nomination #DC #DCProtests pic.twitter.com/h1kPcZG1jh

— Brendan Gutenschwager (@BGOnTheScene) August 28, 2020

While Americans have a right to peaceably assemble, inciting a riot is a crime, and paid agitators deserve to be arrested, along with whoever is financing them.

“This is disturbing because really, if you’re inciting a riot that’s a crime, but if you’re paying someone to incite a riot that person needs to go to jail as well.”

“If you’re paying someone to incite a riot, that person needs to go to jail as well. I like being free to be able to take a walk in the park…I don’t hear Joe Biden saying anything about it…these are their voters.”

Mobs like this are why politicians who are playing footsie with the crypto-communists calling for “de-funding” the police shouldn’t be given the opportunity to lead.

“It’s become so dangerous for us and I don’t hear Joe Biden or Kamala Harris saying one thing about the violence. This mob is their voters. This is the new Democrat party, and if we don’t resist this, the United States is going to become Portland. We’re going to become Chicago. All of these failed cities Democrats have run, the president said in his speech,” he said. “If we allow them to take over the White House, we are going to become Portland, the country will be on fire, we have to have law and order and we have to support the police. I can’t say that strong enough.”

While Paul acknowledged that he and his wife got out unscathed, he noted that the mob was still out on the street on Friday morning.

“We can’t live this way. It’s getting worse and worse.”

Watch the entire interview below:

Watch the latest video at foxnews.com

JuanP on Fri, 28th Aug 2020 6:33 pm

Accused Kenosha shooter’s lawyer claims self-defense amid new video
By Louis Casiano | Fox News
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A 17-year-old charged in two shooting deaths amid a chaotic demonstration in Kenosha, Wis., earlier this week feared for his life after being attacked by rioters who chased him and beat him on the ground, his attorney said Friday.

In a lengthy statement, the lawyer for Kyle Rittenhouse, John Pierce, announced he and attorney Lin Wood are representing the teen. Rittenhouse faces multiples criminal charges in connection with the Tuesday shooting that killed two people and wounded a third.

Pierce said the teen was protecting an auto dealership that was destroyed during riots the night before. Hours earlier he had finished work as a community lifeguard in the city and helped removed graffiti at a local high school.

JuanP on Fri, 28th Aug 2020 6:46 pm

The MTA Is Preparing For A “Doomsday Scenario” That Includes Higher Fares, 40% Cut In Service
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 08/28/2020 – 18:20
The MTA says it is now preparing for a “doomsday scenario” that could include a 40% cut in service for both commuter trains and busses, resulting in longer wait times, lane closures, fare hikes and massive job cuts.

New York’s Metropolitan Transportation Authority says this will be the new reality for New Yorkers if the government doesn’t come up with $12 billion in aid that it needs to cover a budget shortfall that has emerged as a result of the coronavirus pandemic. The MTA has an astonishing $45.4 billion in debt.

On Wednesday, MTA officials said that “a potential 40% cut to subway and bus service, a 50% reduction in commuter-rail service, higher fare increases and layoffs” could all soon be reality, according to Bloomberg. The MTA is now urging well connected New Yorkers, including executives and real estate developers, to put pressure on federal lawmakers to act.

Larry Schwartz, a board member who chairs the MTA’s finance committee, said: “They need to get on the phone and call their friends in Washington and tell them to get off their butts and to meet and to take action and help the people of New York state and the ridership of the MTA.”

He continued: “Our economic quality of life and way of life is going to be drastically impacted. Our ability to provide essential services is going to be drastically impacted.”

Pat Foye, the MTA’s chief executive officer, said during the meeting: “Without question there is no economic recovery without a healthy MTA and there is no national recovery without a healthy New York. That is why investment in the MTA is in the national interest.”

But the question of how long the MTA can borrow its way out of its problems remains. Thomas DiNapoli, the state’s comptroller, said: “Despite these measures, it will still not be enough. Borrowing for operations will be necessary and push debt-service costs to more than a quarter of every dollar of revenue.”

Board member Andrew Albert commented: “The New York way of life is at stake right here, the ability to go out and get on a bus or train and get where you need to go. This should not be lost on Wall Street, on real estate and the other thousands of employers that have thousands and thousands of employees who rely on this miracle of a transit system which other cities envy and could not even hope to build.”

Recall, just a couple days ago we highlighted that the MTA was losing an astounding $200 million per week and was on the fast track to going broke without government assistance.

Pat Foye, the MTA’s chief executive officer, said earlier this week: “Our sole focus now is on survival, how to reduce costs, maintain service and minimize reductions in force while protecting the capital program.”

The End of Oil Is Near

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