Comments on: How the castro regime will screw the U.S. taxpayer http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/ an island on the net without a bearded dictator Sat, 20 Mar 2010 19:54:39 -0400 http://wordpress.org/?v=2.8 hourly 1 By: Humberto Fontova http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93308 Humberto Fontova Thu, 12 Mar 2009 15:55:39 +0000 http://babalublog.com/?p=18732#comment-93308 "Ex-Im Bank does not compete with private sector lenders but provides export financing products that fill gaps in trade financing." BULLSHIT!!!!!! In an earlier life, and for 10 years with Dun & Bradstreet, I SOLD the private sector version of the EX-Im service. Sadly, my employers relied on profits for operating capital. They actually evaluated the risk and charged accordingly. My competitors extorted their operating capital from U.S. citizens with a threat of jail. The skunk who sold Ex-Im policies simply followed me around, snickering, and made another quote Naturally miniscule, compared to mine). It was hopeless. All salesmen like the rough and tumble of competition, but you talk about a handicap! No matter how old the brandy, no matter how skillful and conscientious the lap-dancer, I usually lost the deal. The Ex-Im charged peanuts for premiums and covered the most outrageous risks in the most kleptocratic countries. You and I make good on the billions in claims. Their spokespersons claim that the Ex-Im doesn't compete with private insurance. BULLSHIT!! I saw it point-blank almost daily repeatedly. "Ex-Im Bank does not compete with private sector lenders but provides export financing products that fill gaps in trade financing."

BULLSHIT!!!!!!

In an earlier life, and for 10 years with Dun & Bradstreet, I SOLD the private sector version of the EX-Im service.

Sadly, my employers relied on profits for operating capital. They actually evaluated the risk and charged accordingly. My competitors extorted their operating capital from U.S. citizens with a threat of jail. The skunk who sold Ex-Im policies simply followed me around, snickering, and made another quote Naturally miniscule, compared to mine).

It was hopeless. All salesmen like the rough and tumble of competition, but you talk about a handicap! No matter how old the brandy, no matter how skillful and conscientious the lap-dancer, I usually lost the deal. The Ex-Im charged peanuts for premiums and covered the most outrageous risks in the most kleptocratic countries. You and I make good on the billions in claims. Their spokespersons claim that the Ex-Im doesn't compete with private insurance. BULLSHIT!! I saw it point-blank almost daily repeatedly.

]]> By: Henry Louis Gomez http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93307 Henry Louis Gomez Thu, 12 Mar 2009 14:38:12 +0000 http://babalublog.com/?p=18732#comment-93307 The price per barrel is not a problem right now. And besides libs like obama don't want cheap oil. They want expensive oil. Besides we already get much of our petroleum from Venezuela. And though oil is technically a fungible commodity, there are different refining processes depending on the source of the crude. Venezuelan crude is high in sulfur and other minerals and requires special refining capability. In other words a spurt in the amount of Venezuelan crude we receive will end up bottlenecked at the refining step. And Cubazuela is already in bed with those islamofascists. The price per barrel is not a problem right now. And besides libs like obama don't want cheap oil. They want expensive oil. Besides we already get much of our petroleum from Venezuela. And though oil is technically a fungible commodity, there are different refining processes depending on the source of the crude. Venezuelan crude is high in sulfur and other minerals and requires special refining capability. In other words a spurt in the amount of Venezuelan crude we receive will end up bottlenecked at the refining step. And Cubazuela is already in bed with those islamofascists.

]]> By: Luis Gonzalez http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93298 Luis Gonzalez Thu, 12 Mar 2009 13:05:25 +0000 http://babalublog.com/?p=18732#comment-93298 An agreement where Venezuela increases production and drops the PPB has those oil companies shifting business from point A to point B, not necessarily increasing comsumption. And Obama gets to work with two Socialists regimes: the Castro brothers, and Chavez in deterring petrol dollars away from Islamofascism, and into the willing pockets of fellow travelers. An agreement where Venezuela increases production and drops the PPB has those oil companies shifting business from point A to point B, not necessarily increasing comsumption.

And Obama gets to work with two Socialists regimes: the Castro brothers, and Chavez in deterring petrol dollars away from Islamofascism, and into the willing pockets of fellow travelers.

]]> By: Henry Louis Gomez http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93294 Henry Louis Gomez Thu, 12 Mar 2009 06:45:22 +0000 http://babalublog.com/?p=18732#comment-93294 Luis, I don't really understand the question. The U.S. through private oil companies buys all the Venezuelan oil that it wants to buy at market prices. Our government doesn't buy oil. Besides the people who got Obama elected don't want anything to do with oil, much less its increased usage in America. Luis,

I don't really understand the question. The U.S. through private oil companies buys all the Venezuelan oil that it wants to buy at market prices. Our government doesn't buy oil. Besides the people who got Obama elected don't want anything to do with oil, much less its increased usage in America.

]]> By: Jerome http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93293 Jerome Thu, 12 Mar 2009 06:34:28 +0000 http://babalublog.com/?p=18732#comment-93293 If we sold $600 million to Cuba last year, I expect a WHOLE lotta spending! Everyone's going to want a hand at Cuba, so expect double the amount. If we sold $600 million to Cuba last year, I expect a WHOLE lotta spending! Everyone's going to want a hand at Cuba, so expect double the amount.

]]> By: Luis Gonzalez http://babalublog.com/2009/03/how-the-castro-regime-will-screw-the-us-taxpayer/comment-page-1/#comment-93292 Luis Gonzalez Thu, 12 Mar 2009 06:28:16 +0000 http://babalublog.com/?p=18732#comment-93292 Just musing here, but what if Obama agrees to give Cuba credit in exchange for more oil from Chavez? Just musing here, but what if Obama agrees to give Cuba credit in exchange for more oil from Chavez?

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