Gah! I admit that I’ve never watched Fox Business Channel, even though my cable company carries it. Based on this clip of their “after-the-market-closes” show, Happy Hour, I see I’ve made a wise choice. What kind of surreal experience is this? Bar set, complete with a bartender and business men with their brewskis in the background, host Rebecca Gomez looking like she’s ready to hook up and whose only research before interviewing Naomi Klein appears to be skimming the reviews of The Shock Doctrine on Amazon, and to top it off, guest host Eric Bolling admits to not only being an oil trader, but never looking at the book? That’s respect, I’ll tell you, for the collective intelligence of their viewers as well as Naomi.
Still, with all the obstacles Fox Business Channel places in the way of having an intelligent discussion, Klein still gets in some great points that leave the embarassingly ill-informed Fox hosts with little to do but sputter inanities like “Naomi, do you like capitalism?”
Klein: This is just a classic example of what I mean by ‘disaster capitalism,’ which is using a real disaster, a real crisis, or a shock-like the oil shock-to push through policies that you can’t get through in normal circumstances. So here you have a shock, you have a real oil crisis. People are in pain, they want solutions. And you got the President, the “Extortionist-in-Chief” whose job is actually to solve the problems, but instead he holds the country hostage. And he says, “Listen, unless you give me ANWR, you’ll never drive again.”
Gomez: Wait a minute, so this is, just so I’ve set it up correctly, this is so you’re saying that the President’s taking advantage of this crisis…
Klein: Exactly…
Gomez: …to get into ANWR.
Klein: …to push the wish list of the oil and gas industries. These are not real solutions. People need real solutions. They’re presenting this as if it’s a short-term solution and you guys know full well that it’s a long…if it’s any…going to have any kind of impact on gas prices, it’s in the long run. But people are so desperate for solutions that they’re willing to buy anything.
Bolling: Listen, I have to take the other side of this…
Klein: You’re kidding!
Bolling: …I’ve been talking a long time about the actual…you know, it’s really only about a year to 5 to 6 years to pull some oil out of the water in the outer continental shelf now.
Klein: A year? You need to build the rig!
Bolling: No, no, listen, they’re already built. All you have to do is move it.
Klein: I’m hearing different things.
Gomez: He’s an oil trader though, Naomi, he may know!
Gah!
Filed Under: Fox News
Tags: Fox Business Channel, Happy Hour, Naomi Klein, Oil
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Go, Naomi!!!
I love her. She’s got guts!!!
all the oil that comes out of alaska now goes to Japan to inflate the profits of Beeg Awl.
All the oil in ANWR, were it brought ion line right now would reduce the price by less than a nickel a gallon.
This is all part of the fire-sale mentality of the Bushevik criminals as they try to sell off the last outstanding resources in the commons to their buddies at exxon and chevron and bp…
Typical Fox dipsticks.
Und if ve move zee rig to anozzer place…dat means dat dat rig can no longer poomp ze oil from ze old vell. Or iz de dumpkof zaying dat ve have exzess rigs?!?!
yeah, one year to get that going.
and we’ll only be in iraq for six months…
Anybody wanna bet that if Obama’s #44, he opens ANWR and the off-shore fields?
4-1, he does…
Well, first you need to divide it into blocks, and hand out to oil companies,
then they need to send survey ships to do geological surveys, mainly with sonars for the seafloor, and suchlike, to find places where there potentially may be oil stocked up, based on “plugs” they find on their scan of the earth, and analyse said pictures.
Then they need to send out drilling ships to drill several test wells, to locate actual oil.
Then they need to drill several more wells, to establish how large the field is, and if it is worth putting to production.
Then you need an actual production platform.
Several of these ships, and most likely the production of platforms, are bound into contracts for years ahead, and probably the personnell to make platforms as well. Moving platforms from producing wells, to unsurveyed, undrilled, untested areas is pretty much bs.
And,of course, take a look at the FOX “journalists.” One looks like a steroid-packin’ frat boy, the other has her boobs popping out of her blouse with her skirt hiked up to her crotch.
Typical FOX.
They got plans to develop several energy sources. Just plans. They don’t really mean that. They’ll never let any other altenative energy source come about. Why? I’d be the first to lose some heavy money. So, imagine what a real oil tycon is thinking. It’ll never happened until all oil wells are dry. It’s like the plans for a Palestinian country. Bush is so proud about being the first to mention it. But, of course, it’ll never happen. Because, that’s exactly the plan. All those plans are planned to never happen. Just plain political blah, blah, blah.
AHAHAHAHAHahahahaha!!!
“Hey MAY know”!! ROFFLE!!
Ok, first of all we’re talking about someone with the IQ of a postage stamp [shrub]. Second, he hasn’t had an independent thought since he was born and third gomez et.al at faux are neocon mouth pieces. You know they’re lying because their lips are moving.
How can anyone take any of these idiots seriously? They’re a cosmic joke.
I love that the two douchebags look at the book like it’s a rabid cobra. “Yeah I read the back”. They can read? Highly doubtful.
Gramm is back on the bus.
Have you noticed the big price drop on oil when the warmongering on Iran stops and proposed specuation legislation?
They should drill in the millions of acres allowed, release the oil reserve, then drill in protected areas.
Invest billions in alternatives to go to rehab for the oil addiction using Pickens plan.
McCain said we have suceeded in Iraq so time to withdraw.
Klein is impressive, as always. The oil shill is a tool, and the Fox host is pathetic, but that’s what she’s paid for.
Take notes, Democrats! She’s a winner, not a creampuff like nearly all of you.
woody, tokin librul @ 6:
I will happily take your bet. I’m not sure why C&L has so many Obama Bashers in attendance but there seem to be a cadre of you. You act as those you’re surprised he’s a “politician.” The man plans on being president of the whole country not just the liberal portion. He has to say and do things that will allow everyone to feel that they can participate.
Two things:
1. We’re going to get him or McSame. Not Nader, not Paul, not a Libertarian or a Green candidate. Take your pick, who’s a better bet? Could we end up disappointed, maybe. Will we end up flushed down the toilet with McCain. Guaranteed.
2. Obama is a thinking man. Listen to his speeches, there are actual thoughts, awareness of long term consequences, awareness that the rest of the world matters and impacts our affairs. Is he going to be influenced by Big Business. OF COURSE, no one in that office can avoid it; NO ONE. He’s going to be walking a tight rope with a tank of hungry sharks waiting for him to slip up.
I suggest we give him the benefit of the doubt that he’s not a wholly owned subsidiary of the Global Corporatacracy. He can do a lot more if he knows the “people” have got his back. I’m going to watch him like a hawk but I’m going to support him 100% until he proves he doesn’t deserve my support.
On the short term what other choice do we really have?
is there much naomi can add to “we need to diversify” or “a rig takes 1 year to build”?
seriously.
i love naomi, but she’s way out of her element on this one.
Naomi go to FOX Bizarro land and am asked answers by Bizarro journaloids. Naomi tell Bizarro what happening. Presidumb Bush is using a crisis to put money in the wallets of his pals. Bizarros say you must be dumb on a count Bush is Leader Man and Holy. Naomi laughs in amazement. Bizarro Oil Guy says you want see my oil rig. It biiiig. He laugh and Bizarro journaloid laugh. Naomi not laugh.
All Fox bizarro viewers laugh snot out of noses and say Naomi one of them lezbees.
And lots of bizarro Ameriguns watch Fox. /sigh/
“Gomez: He’s an oil trader though, Naomi, he may know!”
Wow she admitted he only MAY know. She must be new.
That Bolling is a fucking goof. He offered nothing but an automatically opposing view to Naomi Klein just to get attention as the “contrary” person. “I completely disagree with Mrs. Klein’s facts.” Bolling, I would rather sniff a stinky, steaming pile of shit all day than listen to you.
Yes, you have to build the rig. Why do you have to build the rig? Because the damned things cost several hundred million dollars apiece, and they eat up so much steel that there’s a 5-year backlog before any of the rigs in service, or expected to come into service, could possibly get moved to the continental shelf. I should know. I own SeaDrill, and every available rig was recently snatched up for the deep-water project off Brazil. And SeaDrill has more rigs on order, which are also already under lease for when they are ready to come online.
“You know Naomi you’d be like so much cuter if you tried some brighter colors and maybe undid a few buttons …”
Ignore these dumb Fox and listen to a chilling hour long interview with the author of “The Dark Side”:
democracynow.org
First Baptist Church?
What does Rev. W A Criswell have to do with oil drilling?
steve davis @ 18:
and word is it takes 10 YEARS to build a refinery … 10 YEARS!
Anytime you go on Fox and aren’t drowned out by the torrent of stupidity, it’s a win.
I’ve never seen that show before, but what a bizarre set. Do they have commercial breaks for the hosts to go puke in the bathrooms?
steve davis @ 18:
Good lord, man. Stop introducing facts into this. You’ll ruin the entire political process.
Man, do we need us some more Naomi Kleins. You go, woman! Imagine her and Maddow co-anchoring a show!
FOX News goons coming down on the side of big oil drilling with nary a mention of big oil’s record profits. No one saw that coming I’m sure.
How is it that we still are not taxing the bejeezus out of oil companies when they are making the kind of profits that could run most small countries through out the world?
They have made money out extracting our resources and the worlds - now is the time to give a sizeable amount of the profits for alternative energy research and implimentation.
Or do have to send a horse’s head to Raymond when he sleeps with his 438 Million retirement gift?
Wow. Captains of Industry!! Did the “oil guy” give Naomi a tip and his number on a cocktail napkin, with promises of more talk about drilling?
Stay classy, fox!
“This is a problem we can’t drill our way out of.”
- T. Boone Pickens
That he may have a significant sidebar agenda on no way mitigates the truth of the statement.
Leave the oil where it is. The shit is choking the planet. We should — and can — move beyond oil and coal.
i really, truly, sincerely and honestly hope that ms. klein walks or bikes to work, because she did (seriously) blame the oil industry for climate change, and not herself, or any human being who depends on fossil fuels.
for all of us who (at some time) use fossil fuels live our (admittledly polluted) lives, we must all accept responsibility for climate change, and not just the oil companies, who, by the way, are made up of far more than just a handful of rich CEOs.
let’s be serious once and for all.
i will put this in bold letters:
if you want to prevent further climate change, and take action on a personal and direct level, i would suggest that you: stop driving, stop taking public transportation, and also, stop buying any products which depend on fossil fuels.
can you do it? it’s very difficult, isn’t it?
so many, many products depend on fossil fuels. the vast majority of human beings are inextricable from fossil fuels. we must first admit that before we go and blame oil industry executives.
Instead of saying anything, that big dope Bolling should have brought Mrs. Klein a menu and that skank should’ve asked her what would she like to drink.
votingvet @ 15:
After watching the video — I just ate lunch and am having a hard time holding it down — I want to apologize to all the inhabitants of Bizarro world. Naomi Klein is brilliant, a diamond next to 2 dungheaps. Steroid guy hasn’t read the book but really wants to make a move on the guest; Cleavage Bimbo, poor dear, really wants people to believe she has something to say — she’s read some reviews of the book!
And it all comes down to the stupid nonsequitur at the end:”Naomi (pause for shock value) are you against Capitalism?”
Naomi for Speaker of the House!!!! Boot Pelosi!!!
I think Fox gets their ideas for set design here:
Indicted. http://uk.youtube.com/watch?v=.....re=related
Poor subtitles for added fun!
Naomi was great and even Fox’s talking heads allowed her to present her very persuasive argument.
Capitalism isn`t the problem greed is.
When Rebecca Gomez speaks…brain cells die.
31 Leadership Says: Naomi for Speaker of the House!!!! Boot Pelosi!!!
Interesting choice of words. The Spanish Inquisition had a torture called The Boot. Once on the feet they would use some devices to tighten it until the crushed the bones of the feet, although sometimes for a giggle pour boiling oil into it.
http://www.youtube.com/watch?v=rj_bR5jf0Kc
woody, tokin librul @ 6:
I second that! Lately he’s been pandering the right, for votes that he will never get, even if he was running unchallenged.
They’re all wrong on several fronts. Energy diversity is extremely important but the fact is that oil still is the most abundant source of energy, the sources she’s speaking of, wind, solar, hydroelectric, coal, they all have drawbacks with significant environmental impact. Wind farms kill birds, solar creates large swaths of unairable land, hydroelectric diverts rivers vastly changing eco systems, and coal is just another natural resource that humans pull from the ground and burn.
As a person who works in the oil industry, not someone “who invests in oil futures and talks to people” but someone who makes his living on oil leases I can tell you that drilling takes next to no time to happen. A rig can be put anywhere and a hole can be drilled in a matter of weeks. But then what? Then the well has to be stimulated to produce, pipelines have to be layed to get the oil to the refineries and then the refineries have to do their thing. Depending on the distance from existing infrastructure and difficulties in topography building a pipeline can take several years to complete, not to mention the fact that most oil companies will hold-off on investing in a pipeline until a given field is proven to be worth the expense.
But the big problem is the lack of refineries. Since the 1980’s over 100 refineries have closed in the US and the last one was built in 1979. Why? Because of environmental laws. US citizens do not like oil refineries polluting their sky, water, and making noise where their kids play. And for good reason. Environmental laws simply make it not worth the effort for any company to attempt to build a refinery, there are too many opposing factors, you have environmental lobbyists, hunters, land developers, etc, then you have concerned citizens in the local area that will need to be appeased, AND THEN you have the strict environmental regulations that must be followed to the letter at great expense. All these things make it simply more expedient and cost effective to build refineries in other countries such as Venezuela, where the people don’t speak out and the government doesn’t care about the pollution.
There is a global refinery shortage and that drives prices up more than anything. Investors and oil futurists invest based on the price of GAS, it doesn’t matter how much crude is backed up behind the refinery bottleneck, if gas demand is there prices rise.
This shows the true deception from the administration. Drilling will not alleviate any gas prices and it certainly will not yield any results faster than developing any alternative energy source will. However these prices make it extremely profitable to drill in new areas, and I’m certain a few supporting members of the bill will receive a bit of blowback. One thing to watch for though is the potential lifting of a few select environmental regulations regarding refineries, this sort of shock doctrine deception lends it’s self well to sliding a few “fixes” to environmental policy under the table to appease the industry.
boy, are they sorry!
Never bring any intelligent people on fux?
I give Fox cudos for having Naomi on there…. although they may not have known really who they were booking…. The problem for FOX business is that if they want to be successful they need to have really legitimate discussions and not just seen through the eyes of their Republican slant…. people in the financial markets, who are only interested in making money, do not care about politics…they care about what is true and makes sense…
Sure FOX can play politics on their regular news channel, but they will not be able to get away with it as easily on their business channel…. otherwise if their business channel is know for bullshit and false facts no business people will take it seriously and watch it…. a bit of a dilema for FOX… you can’t push offshore oil drilling unless you talk about what it really means… if you just push the politics…. no business viewer will watch, as you can’t make money off bullshit..
Nolan @ 3:
Absolutely, big headed self important frat guy, next to a bubbly big boobed bimbet spewing the Fox Doctrine! Naomi should use this “interview” to show how the admin is fooling the masses with propoganda! BTW in a two bit bar set for god’s sake, what is that about? Cheers meets Wall Street? More like Back Alley Dive meets Day Traders!
Schoonerhelm:
Is it true a refinery takes 10 years to come online?
Rebecca Gomez says, “I do it as well. I never do anything until I absolutely have to…. (Like this breast enhancement. I put off that until Fox told me I wold go on camera. What do ya think? Worth the money?)”
He’s a trader? That means he knows oil rigs? Like crap it does.
I dare them to talk to a petroleum engineer - a real live one.
Ooooh .. might get the chairs dirty.