Insults and ignorance.
No wonder people wont accept you at this level Junior.
Your inability to play in this league is well documented. You are a boy among men... Originally Posted by Yssup Rider
I don't play, Junior. Or haven't you figured out that yet?
Sucks to be in a place where the smartest among you says YINZ.
Please keep your parochial jealousies and patriotismp in here.
You. Don't. Matter.
"Now fuck off..." Originally Posted by Yssup Rider
Sorry to hear. I figured with 21,525 at bats (snick, snort) you would have made it to first base at least ONCE. No wonder you're a mess. Originally Posted by lustylad
SNICK! Originally Posted by CuteOldGuy
I know it is accepted by the Accounting Profession.So depreciation is a tax break?
Just as any other tax break is accepted by the Accounting Profession.
I was talking about Congress passing special breaks to a given industry. That is wtf this was. No matter how you spin it, you are sounding like Gruber.Originally Posted by WTF
Does anyone really believe that the unfettered increase in the supply of a global commodity will increase it's price anywhere? Some of you need to take economics 101.. Originally Posted by boardmanYES - particularly right here in the US. I'm not an expert in the area so let me explain why via copy paste. These are the facts you're likely missing and it's not to insult you in any way it's just FACTS.
Right now, a lot of oil being produced in Canada and North Dakota has trouble reaching the refineries and terminals on the Gulf. Since that supply can’t be sold abroad, it reduces the competition for it to Midwest refineries that can pay lower prices to get it. Giving the Canadian oil access to the Gulf means the glut in the Midwest goes away, making it more expensive for the region.
How does bringing in more oil supply result in higher gas prices, you ask? Let me walk you through the facts. A combination of record domestic oil production and anemic domestic demand has resulted in large stockpiles of crude oil in the U.S. In particular, supplies of crude in the critical area of Cushing, OK increased more than 150% from 2004 to early 2011 (compared to a 40% rise for the country as a whole). Segments of the oil industry want to import additional supplies of crude from Canada, bypass the surplus crude stockpiles in Oklahoma in an effort to refine this Canadian imported oil into gasoline in the Gulf Coast with the goal of increasing gasoline exports to Latin America and other foreign markets.
The Keystone pipeline isn’t just about expanding the unsustainable mining of … Canadian crude, but also to raise gasoline prices for American consumers whose gasoline is currently priced under WTI crude benchmark prices.While the quotes (not in totality) are great sources of information this video will better help explain the rationale. If you have issue with FACTS I'd like to hear them. Personally I was unaware of these facts until doing a bit more research in this area.
So depreciation is a tax break?Never said that.
Is that what you are saying?
There is no spin to the principle of depreciating an asset over it's useful life. Now you're just sounding stupid. Don't go down that road. Originally Posted by boardman