SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gregor_us who wrote (130942)6/27/2008 11:21:00 AM
From: neolibRead Replies (1) of 306849
 
While I generally agree with you, it should not be lost on anyone that this strategy is not fundamentally any different than a long litany of codependent behaviors, such as giving cash to druggies so they can get their next fix. They are in desperate straights after all "And that is non-trivial..."

I would just comment that the entire discussion surrounding offshore drilling in the USA is like most conversations here an example of the false dillemma fallacy. Basically, drilling in the OCS in the USA won't do one thing for global oil prices. It's also not th environmental threat it once was, 30 years ago. But, it will indeed give that cash flow to us. And that is non-trivial. It's cash that flows toward us.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News