HomeUncategorizedOpen Thread – Americans Flock To Mexico For Dental Care & More

Leave a Reply

Notify of
avatar
Photo and Image Files
 
 
 
Audio and Video Files
 
 
 
Other File Types
 
 
 
Sort by:   newest | oldest | most voted
humphrey

This should not come as a surprise to any of us here.

http://thehill.com/homenews/campaign/347240-rnc-raises-millions-more-than-dnc-in-july

The Republican National Committee (RNC) expanded its massive fundraising lead over the Democratic National Committee (DNC) in July as the Democrats posted their worst July haul in a decade.

The DNC raised just $3.8 million in July, compared to the $10.2 million raised by the RNC in the same month. While the GOP has no debt, the DNC added slightly to its debt in July, which now sits at $3.4 million.

The Democrats haven’t raised that little money in a July since 2007, when the party raised $3.4 million.

The Humanist Report explains why.

humphrey

polarbear4

Are Investors Bailing on U.S. Shale?

The third, and perhaps most glaring, problem with the growth-first shale model is that shale companies were burning through cash when oil prices were $100 per barrel, and they are still burning through cash even after the much-heralded efficiency gains achieved over the last three years. According to Bloomberg and Bloomberg Gadfly, the free cash flow after capex for a collection of 33 shale E&Ps has been profoundly negative over the past 12 months. More worrying for investors is that the cash burn in the Permian has been particularly large, and worse, it has accelerated over the past year.

As Ellen R. Wald puts it in Forbes, “when the financiers lose interest, the Shale Revolution will be over.”

And there are some early signs that investors’ patience is starting to wear thin. A long list of shale companies saw their share prices savaged after the latest earnings reports, even as oil prices have regained ground. In a warning sign for the industry, Goldman Sachs reported that it has fielded calls from major investors looking to “reallocate capital across the energy industry” after souring on shale E&Ps.

Meanwhile, equity issuance for E&Ps has fallen substantially this year after spiking in 2016. According to Liam Denning of Bloomberg Gadfly, the industry is on track to issue just $10 billion in new equity this year, the lowest since 2010. There could be perfectly sensible reasons for this – Liam Denning suggests that the rally in oil prices at the end of last year led shale drillers to hedge their production, allowing them to grow without the need of new sources of finance. But, the plunge in new equity issuance could also be the result of shale drillers tapping the Wall Street well too many times.

Ultimately, investors will catch on and the game will be up. If shale drillers cannot turn a profit at today’s prices, they will need to cut back on production and spending, and some will be forced out of business. That means that overall U.S. production will have to cap out, and perhaps even decline, which should eventually force up oil prices.

humphrey

This is not an anniversary that we should be celebrating!

Since then the CIA has been up to its good work all over including Honduras, Syria and Venezuela. ( This is only a short list).

polarbear4

very cool. way outnumbered.

humphrey

Boston’s mayor deserves no credit!

humphrey

I am afraid to find out what it will be!

humphrey

Here is a hint.

polarbear4

Hoo boy. I was wondering….

DCCC & Kings Landing Consultants Are Instructing Candidates How To Deceive Democratic Primary Voters On Healthcare

That’s when it got interesting. He said the DCCC is now instructing their candidates to thwart progressives by pretending to be for Medicare-For-All to help them defeat progressive primary opponents who are for Medicare-For-All. This is what he sent me, in confidence:

Short version is this: As you know, “Medicare for All” is language that can either refer to Medicare as a public option or Medicare as a vehicle for single payer. It’s intentionally confusing (my DC consultants advised me to use this language, and I told them I wanted to be very clear about where I stood). The language below (including talking about Medicare for All in the context of “access to health care for all” and “improving on the successes of the ACA”) sounds consistent with the public option version of Medicare For All and not a single payer approach.

He was referring to his opponent’s notice. On a follow up phone call he went on and on about the DCCC and their associated consultants are telling their candidates to say whatever it takes to trick Democratic primary voters. Admirably, he refuses but he’s one of the few who is refusing.

Eileen R

No Science Sunday? Is Bebimbob OK, just a day off, perhaps?

humphrey

Likely here comes a few more demotions.

humphrey

humphrey

Oh My!

wpDiscuz
Skip to toolbar