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New branch of Gov't...Cheney Branch
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<blockquote data-quote="SeniorGeek" data-source="post: 214119" data-attributes="member: 4823"><p>I think Cheney lives with self-contradiction. (All of us do it, but few so blatantly.) </p><p> </p><p>The Executive-Privilege vs. Not-Subject-To-Rules-Of-The-Executive-Branch, as diesel96 points out, is one example.</p><p> </p><p>A less obvious example (that I perceive) is his attempt to support both of his powerful cohorts, <u>The Neo-Cons</u> <strong>and</strong> <u>Big Oil</u>. The Neo-Cons want to push a political/economic ideology, while Big Oil has no political agenda beyond maximizing profit. </p><p> </p><p>Those two are at odds over Iraq. The Neo-Cons want to use Iraq to bust OPEC. Big Oil prefers the status quo, including OPEC controls on production/price. (The rise in oil prices has done wonders for oil company profits, as we have all heard. What we have not heard so much about is what the rise in oil prices has done to increase the <u>wealth</u> of the oil companies - since all the oil they hold in reserves has increased in value, too. That value increase is equivalent to about 20 years worth of record profits!)</p><p> </p><p>This must be tough for Cheney. I do not know how he reconciles his friends from Saudi Arabia, the oil companies, the Neo-Con movement and others on both sides of the oil-price issue. He probably wants to keep his dealings secret so each side does not know it has been betrayed.</p><p> </p><p>In 1973, when OPEC cranked down oil production, my Economics instructors kept pointing out that market forces will eventually bust any cartel.... But it turns out that Saudi Arabia has the cash reserves to enforce OPEC quotas. If any OPEC country grossly overproduces oil, the Saudis dump lots of oil on the market to take the profit out of it. The offending country ends up worse off by pumping more oil. </p><p> </p><p>Back on topic: We need to be careful about claiming there is a "Cheney Branch" of government, because he might use that to promote himself to the equal of the other three branches....<img src="/community/styles/default/xenforo/smilies/group2/no.gif" class="smilie" loading="lazy" alt=":no:" title="No :no:" data-shortname=":no:" /></p></blockquote><p></p>
[QUOTE="SeniorGeek, post: 214119, member: 4823"] I think Cheney lives with self-contradiction. (All of us do it, but few so blatantly.) The Executive-Privilege vs. Not-Subject-To-Rules-Of-The-Executive-Branch, as diesel96 points out, is one example. A less obvious example (that I perceive) is his attempt to support both of his powerful cohorts, [U]The Neo-Cons[/U] [B]and[/B] [U]Big Oil[/U]. The Neo-Cons want to push a political/economic ideology, while Big Oil has no political agenda beyond maximizing profit. Those two are at odds over Iraq. The Neo-Cons want to use Iraq to bust OPEC. Big Oil prefers the status quo, including OPEC controls on production/price. (The rise in oil prices has done wonders for oil company profits, as we have all heard. What we have not heard so much about is what the rise in oil prices has done to increase the [U]wealth[/U] of the oil companies - since all the oil they hold in reserves has increased in value, too. That value increase is equivalent to about 20 years worth of record profits!) This must be tough for Cheney. I do not know how he reconciles his friends from Saudi Arabia, the oil companies, the Neo-Con movement and others on both sides of the oil-price issue. He probably wants to keep his dealings secret so each side does not know it has been betrayed. In 1973, when OPEC cranked down oil production, my Economics instructors kept pointing out that market forces will eventually bust any cartel.... But it turns out that Saudi Arabia has the cash reserves to enforce OPEC quotas. If any OPEC country grossly overproduces oil, the Saudis dump lots of oil on the market to take the profit out of it. The offending country ends up worse off by pumping more oil. Back on topic: We need to be careful about claiming there is a "Cheney Branch" of government, because he might use that to promote himself to the equal of the other three branches....:no: [/QUOTE]
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