Quote from: Oexmelin on January 08, 2026, 04:17:19 PMRelatedly, I have banned the use of computers in my classroom, and, after an initial pushback, they like it and are back to taking notes by hand.Tyranny.
Quote from: Grey Fox on January 08, 2026, 04:41:29 PMFetterman is just like any other regular Joe in America. When he found himself with time in felled into the Joe Rogan/YOUTUBE algorithmic filled bender that is the modern Anglo internet and he now thinks that nothing but power can be trusted or true.He suffered a stroke, IIRC, and he began to change after that, didn't he?
QuoteDonald Trump has said "it may be a choice" for the U.S. between pursuing his ambition to take control of Greenland and keeping NATO intact.
The U.S. president was asked in a two-hour interview with the New York Times on Jan. 7 whether acquiring Greenland mattered more to him than preserving the 76-year-old military alliance — a question that has taken on new urgency for America's European allies in recent days as Trump and his colleagues have escalated their rhetoric about obtaining the self-ruling Danish territory.
Trump did not answer the question directly but acknowledged that his administration may have to choose between the two, according to the newspaper's account of the conversation published on Thursday.
Trump, when asked why he wanted the U.S. to control Greenland, said: "Because that's what I feel is psychologically needed for success. I think that ownership gives you a thing that you can't do with, you're talking about a lease or a treaty. Ownership gives you things and elements that you can't get from just signing a document."
The U.S. president also told the Times he did not feel answerable to international law and was constrained only by his own conscience. "My own morality. My own mind. It's the only thing that can stop me," he said.
"I don't need international law," he added.
Quote from: Richard Hakluyt on Today at 10:03:09 AMThere was a plentiful supply of oil in 2025 and the price fell from 79$ to 63$. This is with Russia, Iran and Venezuela being sanctioned and also a generally weak dollar. If the price falls further then shale oil production in the USA becomes unprofitable (the breakeven cost seems to be between 45$ and 70$ a barrel). I just can't see why the oil companies would want to waste money investing in an unstable country given these facts.
I suppose Venezuelan oil could substitute for oil from Alberta if Trump wanted to put the squeeze on Canada?
Quote from: Josquius on Today at 11:03:55 AMQuote from: Jacob on January 08, 2026, 09:37:52 PMKrugman has a writeup on how the vast oil reserves of Venezuela may be somewhat overstated: https://paulkrugman.substack.com/p/the-emperors-new-oil-wealthInteresting to think they might have oversold their own overthrow.
The two key points IMO are:QuoteYou may have heard that Venezuela has the world's largest oil reserves — 300 billion barrels. You probably don't know that Venezuela's reported oil reserves tripled while Hugo Chavez was president. This increase, from roughly 100 billion to 300 billion barrels, didn't reflect major new discoveries or exploration. Instead, it reflected the Chavez government's decision to reclassify the country's Orinoco Belt heavy oil as "proved" — oil that can be recovered with reasonable certainty under existing economic and operating conditions
andQuoteAs Torsten Slok of Apollo, who recently made this point, notes, "Much of the oil is extra-heavy, which has low recovery and a high cost to produce." This suggests that Venezuela's claims to have immense usable oil reserves were politically motivated hype.
Quote from: Jacob on January 08, 2026, 09:37:52 PMKrugman has a writeup on how the vast oil reserves of Venezuela may be somewhat overstated: https://paulkrugman.substack.com/p/the-emperors-new-oil-wealthInteresting to think they might have oversold their own overthrow.
The two key points IMO are:QuoteYou may have heard that Venezuela has the world's largest oil reserves — 300 billion barrels. You probably don't know that Venezuela's reported oil reserves tripled while Hugo Chavez was president. This increase, from roughly 100 billion to 300 billion barrels, didn't reflect major new discoveries or exploration. Instead, it reflected the Chavez government's decision to reclassify the country's Orinoco Belt heavy oil as "proved" — oil that can be recovered with reasonable certainty under existing economic and operating conditions
andQuoteAs Torsten Slok of Apollo, who recently made this point, notes, "Much of the oil is extra-heavy, which has low recovery and a high cost to produce." This suggests that Venezuela's claims to have immense usable oil reserves were politically motivated hype.
Quote from: HVC on Today at 09:41:35 AMUAE deems UK universities have too high a risk of Islamist indoctrination, cancels scholarships
Quote from: Richard Hakluyt on Today at 10:03:09 AMThere was a plentiful supply of oil in 2025 and the price fell from 79$ to 63$. This is with Russia, Iran and Venezuela being sanctioned and also a generally weak dollar. If the price falls further then shale oil production in the USA becomes unprofitable (the breakeven cost seems to be between 45$ and 70$ a barrel). I just can't see why the oil companies would want to waste money investing in an unstable country given these facts.
I suppose Venezuelan oil could substitute for oil from Alberta if Trump wanted to put the squeeze on Canada?
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