Wondering who has been running the country

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OK - but what does that have to do with anything I've said?
Enigma noted that he couldn't have w conversation with anyone who had preconceived notions presumably about Biden and his mental state, then detailed his preconceived notions about Trump. I pointed that out, and you said your notions were die to observing Trump behavior. Then I replied that Zen and others' notions on Biden's mental health were also formed from observation.
 
Enigma noted that he couldn't have w conversation with anyone who had preconceived notions presumably about Biden and his mental state, then detailed his preconceived notions about Trump. I pointed that out, and you said your notions were die to observing Trump behavior. Then I replied that Zen and others' notions on Biden's mental health were also formed from observation.
Oh OK. Well I guess you can make that point to enigma.
 
I don't know any of those details. Here's what I do know:

1. LNG is a commodity. Thus, it's impossible to "lose ground." If Qatar takes more contracts, the US will sell more on spot market. Or take the next contracts. Price is determined by supply and demand, and all producers are pure price takers.

2. LNG is last century's technology. I think it's very stupid for people to worry about losing ground in a 50 year old industry that is declining. The money is in being forward looking. THAT is what America used to do better than anyone else, at least in private industry. Alas. MAGA, of course, is entirely backwards looking.

So, I mean, if you want the US economy to become more focused on producing low-profit commodities, with revenues at the mercy of other countries' behavior, that's the way to do it. Or you could do it the smart way, which is to establish a strong position of the high-profit technologies of the future -- that was Biden's way.

It's not actually a matter of disagreement as to which path leads to more prosperity. Prosperity comes from technology. It's just a matter of getting people like you to grasp it.
Yes LNG can be sold on the spot market but not without a permit. And no one is going to spend 15 billion dollars on a plant for the spot market. The technology to make LNG from NG is fairly new driven by the shale revolution. It is certainly not a declining industry but growing at around 8% per year for several years now. LNG saved Europe when Russian gas was stopped. Some of the US plants are partial financed by Japan and South Korea because of their growing needs to offset coal consumption, a good thing. The IEA expect LNG capacity to increase 50% in the next 5 years. These plants are already built anyway, are legal and should be permitted.


easy read

The US LNG industry is critical to serving the world’s energy needs and has rapidly become an integral contributor to the US economy.

  • $408 billion in GDP contribution since 2016, supporting an average of 273,000 direct, indirect and induced US jobs
  • As of 2023, larger revenues than US corn and soybean exports, roughly double US movie and TV related exports and half of US semiconductor exports
 
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I was noticing the same thing when I looked earlier. And it speaks to something I've been noticing much more recently. The quality of reporting, even from top notch sources like the NYT, is in an absolute freefall. I read a ton of articles yesterday about Trump's imminent TikTok executive order. Almost none of them mentioned the most important fact of all -- Trump has NO LEGAL AUTHORITY to extend the time for TikTok to be sold, or to waive the fines that are mandatory under the statute. Almost every media outlet reported the story as if Trump's EO could just kick the can down the road. Did no journalist bother to look at the actual statute?

Of all the many things that have me concerned about the next four years, the traditional media's rapid decline, to the point of complete ineffectiveness, is at the top of the list. We no longer have a real fourth estate. And it's not about bias or ethics. It's about effectiveness. The news is just not getting reported anymore.
It is 100% about bias and ethics. Are you saying you prefer effectiveness over ethics and non bias? Because effectiveness without non bias and ethics would kill democracy and should be feared as we do nuclear weapons.
 
While true, I believe it would have given the dems a better chance had the part been actively promoting the new candidate for two years compared to waiting until the last few months.
Would the new candidate have been hand picked as well or was any thought of having a democratic process going to be considered
 
It is 100% about bias and ethics. Are you saying you prefer effectiveness over ethics and non bias? Because effectiveness without non bias and ethics would kill democracy and should be feared as we do nuclear weapons.
I don't think lawtig's point was that bias and ethics don't matter (though having ethics is much more important than not having bias, which is functionally impossible anyway), but that there is a non-partisan problem with journalistic quality that is independent of any concerns about bias or ethics (which I agree with).
 
It is 100% about bias and ethics. Are you saying you prefer effectiveness over ethics and non bias? Because effectiveness without non bias and ethics would kill democracy and should be feared as we do nuclear weapons.
Oh so NOW we found something you think puts the republic at risk?

Fear not, though. That was not what I was saying. My point was that the problem with the NYT’s article or all the reporting on Trump’s EO was not that it was biased. It’s that the reporters got simple things wrong. Or missed the main point completely.

Unless I missed it, though, you never responded to my request that you clarify if you really think a media source with a partisan lean is definitionally unable to maintain the highest ethical standards. That position seems absurd to me, so I’m assuming you misspoke.
 
By the way, here's the EO Johnson was talking about, which you can pretty clearly see does not pause LNG exports to Europe:


The US was still easily able to meet Europe's LNG demands, and in fact European demand for LNG fell in 2024, causing us to have to expoert some of our supply elsewhere:

That is so not the point.
 
That is so not the point.

"Can I ask you a question? I cannot answer this from my constituents in Louisiana,” Johnson recalled telling Biden. “Sir, why did you pause LNG exports to Europe? Liquefied natural gas is in great demand by our allies. Why would you do that? Cause you understand we just talked about Ukraine, you understand you are fueling Vladimir Putin’s war machine, because they gotta get their gas from him.”

Biden, according to Johnson, was stunned. “I didn’t do that,” Biden said. Johnson responded, “Mr. President, yes you did. It was an executive order like three weeks ago.Biden continued to deny that he paused the LNG exports. At that point, Johnson suggested that the president ask the president’s secretary to print out the executive order, so the two could read it together.

Biden then recalled that he had signed an executive order, but it only called for a study on the effects of LNG. Johnson was firm. “Sir, you paused it, I know. I have the export terminals in my state. I talked to those people in my state, I’ve talked to those people this morning, this is doing massive damage to our economy, national security.”

In this exchange, Johnson said he realized that Biden was not lying to him. “He genuinely did not know what he had signed,” Johnson said. “And I walked out of that meeting with fear and loathing because I thought, “We are in serious trouble—who is running the country?” Like, I don’t know who put the paper in front of him, but he didn’t know.”


Emphasis is mine. The entire point of this detailed anecdote Johnson told is for him to illustrate that Biden was so far gone mentally that he had done something and didn't even remember it when Johnson told him about it. The problem is, Johnson was lying to Biden about what he had supposedly done, and Biden was 100% correct that he hadn't done it. That is clearly highly relevant to whether this anecdote illustrates what Johnson says it does.

I don't think anyone is contending that there weren't real concerns about Biden's mental acuity. But the fact that there were genuine concerns makes it all the more frustrating that Johnson felt the need to lie (either to Biden about what he had done, or to the NYT in recounting this story) in an attempt to exaggerate his point. If it's such an easy point to make, why did Johnson have to do that?
 
I am ignoring GT because he is a fucking piece of shit and I don't want to violate nyc's call for decorum any more than is absolutely necessary. So I won't be responding to him.
Upvote for absolutely necessary violations of decorum...
 
Yes LNG can be sold on the spot market but not without a permit. And no one is going to spend 15 billion dollars on a plant for the spot market. The technology to make LNG from NG is fairly new driven by the shale revolution. It is certainly not a declining industry but growing at around 8% per year for several years now. LNG saved Europe when Russian gas was stopped. Some of the US plants are partial financed by Japan and South Korea because of their growing needs to offset coal consumption, a good thing. The IEA expect LNG capacity to increase 50% in the next 5 years. These plants are already built anyway, are legal and should be permitted.


easy read

The US LNG industry is critical to serving the world’s energy needs and has rapidly become an integral contributor to the US economy.

  • $408 billion in GDP contribution since 2016, supporting an average of 273,000 direct, indirect and induced US jobs
  • As of 2023, larger revenues than US corn and soybean exports, roughly double US movie and TV related exports and half of US semiconductor exports
Do you know what the spot market is? Every time you fill up your tank, you're buying on the spot market. Last I checked, the economic investment in servicing the gasoline spot market is well in excess of 1T USD. So when you say "no one is going to spend 15 billion dollars on a plant for the spot market," you're just being silly.

LNG is a commodity. Fact, and nothing you say can change that. And the economics of commodity markets are pretty well understood, and in that economics, there is no "falling behind." Every LNG producer in the world is a price taker.

Also, 273K jobs is a pitiful number for an industry -- especially since they are counting "direct, indirect, and induced" jobs. By comparison, Wal-Mart itself employs 7 times that amount. Here are some employment figures:

US Jobs:
Wal-Mart: 1.6M
Amazon: 1.1M
UPS: 440K
FedEx: 412K
Target: 427K
United Health Group: 261,061 (data is pre-Luigi)
Entire US LNG industry: 273K.

LNG is not the way to prosperity. Basically you and Trump would love to transform the US economy into a middle eastern petrostate.
 
I don't think anyone is contending that there weren't real concerns about Biden's mental acuity. But the fact that there were genuine concerns makes it all the more frustrating that Johnson felt the need to lie (either to Biden about what he had done, or to the NYT in recounting this story) in an attempt to exaggerate his point. If it's such an easy point to make, why did Johnson have to do that?
Everything from the GOP is a lie. If someone had told me that story, I might have believed it. The minute I saw it came from Mike Johnson, I knew it was a lie.

I really wish the news media would just call him a liar to his face. We don't get nearly enough of that.
 
Everything from the GOP is a lie. If someone had told me that story, I might have believed it. The minute I saw it came from Mike Johnson, I knew it was a lie.

I really wish the news media would just call him a liar to his face. We don't get nearly enough of that.
Yes, I think that's specifically the problem lawtig is talking about - the major journalistic institutions are too afraid to call a lie a lie, among other things. That's not entirely their fault - they have been the target of a relentless, decades-long campaign to undermine the media by calling them biased and making it harder for them to do their job. Media organizations have struggled to deal with that environment - look to how so many botched and have now abandoned the concept of "fact checking" - but the deck has absolutely been stacked against them by people whose explicit goal was to undermine the media and its ability to be a check on power.
 
Would the new candidate have been hand picked as well or was any thought of having a democratic process going to be considered
You know, you can keep clinging to that narrative since the pubs told you too, but at the point that Biden stepped down it wasn't logistically possible to go through a normal vetting period.
 
Yes, I think that's specifically the problem lawtig is talking about - the major journalistic institutions are too afraid to call a lie a lie, among other things. That's not entirely their fault - they have been the target of a relentless, decades-long campaign to undermine the media by calling them biased and making it harder for them to do their job. Media organizations have struggled to deal with that environment - look to how so many botched and have now abandoned the concept of "fact checking" - but the deck has absolutely been stacked against them by people whose explicit goal was to undermine the media and its ability to be a check on power.
Yes, all of that, but the difference I’m seeing now is that it’s not just about the media being afraid to call a lie a lie. Now, the media is not even doing the work to identify the lies. Or, in the case of Trump’s TikTok EO, whether it’s even legally possible for him to do what he was promising to do. I suspect it’s the pace at which information is coming out and the dramatic shrinking of the resources the media has to examine it. But whatever the cause, it means we’re not hearing the most basic, important parts of stories from the traditional media, which is like throwing fertilizer on the GOP’s disinformation farm.
 
Yes, all of that, but the difference I’m seeing now is that it’s not just about the media being afraid to call a lie a lie. Now, the media is not even doing the work to identify the lies. Or, in the case of Trump’s TikTok EO, whether it’s even legally possible for him to do what he was promising to do. I suspect it’s the pace at which information is coming out and the dramatic shrinking of the resources the media has to examine it. But whatever the cause, it means we’re not hearing the most basic, important parts of stories from the traditional media, which is like throwing fertilizer on the GOP’s disinformation farm.
That might be correct in general. I'm not sure the Tiktok EO is the best example. I mean, does anyone understand it? TikTok is still operating. How? Why? Do we even know? Is Oracle helping them? Are they hosting data outside the US? What does it mean if Trump says he won't enforce the act?

I mean, law professors and lawyers don't really know how to analyze this situation. Is it just a non-prosecution agreement? Can Trump even do that? What happens to the law if the president refuses to follow it?

If you and I don't know how to assess what is happening here, I don't think a journalist even has a chance.
 
That might be correct in general. I'm not sure the Tiktok EO is the best example. I mean, does anyone understand it? TikTok is still operating. How? Why? Do we even know? Is Oracle helping them? Are they hosting data outside the US? What does it mean if Trump says he won't enforce the act?

I mean, law professors and lawyers don't really know how to analyze this situation. Is it just a non-prosecution agreement? Can Trump even do that? What happens to the law if the president refuses to follow it?

If you and I don't know how to assess what is happening here, I don't think a journalist even has a chance.
I agree. But even if they don’t have the answers, it seems like identifying those questions shouldn’t be too hard for them. The law makes it clear the deadline can no longer be extended and massive fines should be accruing. Instead, TikTok is still operating on a promise by Trump that he can’t legally keep. Why is that not being reported? Why are we just hearing that Trump bought another 90 days so he can try to negotiate a deal with China? That’s just flat out bad information.
 
I agree. But even if they don’t have the answers, it seems like identifying those questions shouldn’t be too hard for them. The law makes it clear the deadline can no longer be extended and massive fines should be accruing. Instead, TikTok is still operating on a promise by Trump that he can’t legally keep. Why is that not being reported? Why are we just hearing that Trump bought another 90 days so he can try to negotiate a deal with China? That’s just flat out bad information.
Also, where the hell is big-talking Tom Cotton now that Trump appears to have publicly depantsed him?
 
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