WAKE THE F*CK UP AMERICA, START MAKING THINGS AGAIN, AND ENOUGH WITH THE GET-RICH-QUICK PONZI SCHEMES.After losing $13 trillion in fake wealth in just the past few months, I think America, and the world, is ready to face the truth.
Yes, even the realtors.
Posts
49 comments:
It has come to my attention someone has been posing as Bukko. Bukko is my sworn enemy and defended my posistion as I was being attacked by the fake Bukko. This situation is unacceptable. I feel an intervention is warrented in order to restore balance.
Identify yourself vile poser that I may visit my rath apon you, you ankle biting girlyman. You have no honor.
PS The Chinese are coming for you Bukko. Yaa lets start making our own junk!!!!
yes keith, but who may i ask
are the stewards of capital?
who are the billionaires of new york city ?
it hath been foretold
wall street up 14,000 (real estate ? a big no no)
with no investors on the sidelines, real estate will go down 90%
those scammers including appraisers, agents, brokers and some bankers in real estate will be in jail by the the time this comes to pass, they will be raided by the FBI and many other agencies, they will be punished to the fullest extent to what the uber rich considers the law, not limited to torture, flogging, fleecing, behind closed doors of course,
no one and I mean no one fucks with the uber rich and or their money
after this at least for the next 20 years snake oil salesmen will be to scared to come out with new scams, or new ideas
Why bother? Just so they can tax the piss out of you?!
We have too much debt to compete with the chinese.thgey can make shit and send it over the ocean and stiull be cheaper than us.They have not mortgaged themselves to death.
There is no Fiat Paper bubble in that drawing.
Oh yeah, during the last Depression we had sound money.
Makes one think that this Depression will be much worse than the 1930s...
No more cheap energy Keith.
Factories are a thing of the past.
Grow a garden.
Grab your lawnchair.
Eat some popcorn.
And enjoy the end of the human project.
Nope, not ready Keith. DENIAL was, is, and shall be the word in San DiFreakingEgo for some time to come. You will have to drag us all kicking and screaming into the world of reality.
The picture pretty much sums it up. The do-it-yourself mentality is extinct in modern America. We'd rather game the system and buy things rather than make them. The makers will soon be in demand yet again. The servicers will be their servants.
Housing only goes up!
Does ANYone find this as DISTURBING (in about 10 different ways) as I do(?) :
http://www.reuters.com/article/politicsNews/idUSTRE52D23N20090314
(POTUS conversation w/ Brazil's President Lula da Silva.)
This is seriously deranged behavior, IMO.
Great... we were the big bunch of dorks that was right about the new era of prosperity being phony. What award do we get?
I feel so alienated from my friends and I'm still in my 20's. Someone help me feel good about being enlightened, especially during this particular crisis.
Instead of hangings, impeachments, humbling and courage, we get bailouts, blame-shifting, denial and further corruption. I need to take my fukitol.
One more thing. I voted in that poll that I indeed wanted blood. I figured for once that the vote would be 95%+ yes and 5% no or less. To my absolute horror, the yes count is only in the upper 70s.
So, those who do not want blood, please step forward and identify yourself. Please, so that I don't think it's a bunch of realtwhores and Greg Swann, or Craig Duckk or whatever the hell that guy's name is, just logging in from different IP addys to vote "No."
It's like that little old man on the Simpsons with the peanut-butter-in-his-throat voice who always goes against the mob. Are you people serious?? Now I'm out for your blood! Wake the hell up!
Unfortunately, all the bitching and moaning, pissing and complaining, strutting and whining, blogging (sorry Keith) and posturing, spitting and farting, lecturing and prophesying
ain't gonna solve a goddam thing.
(true story)
So, where's that sign-up sheet?
Pelosi and Reed allow illegals to get stimulous jobs
...I think America, and the world, is ready to face the truth...
Oh, you poor naive man. I suppose you fell for that "hope and change" scam as well?
I sold my soul to the Company store .
Yoski
why do you say housing only goes up ???
it has now been proven that housing goes down wayyyyyyyyyyyy down
I personally have friends that have lost millions in the last year in real estate, MILLIONS
so Yoski
put that in your pipe and smoke it
unless you are a realtor, appraiser, broker then in that case I understand you, YOU HAVE TO SAY HOUSING ALWAYS GOES UP
Keith - this picture adorns the wall in my office, has done for a few years now. Do you know it's origin?
Did you notice the little imp in the bottom left of the left panel? Did you notice the kind of bubble he is blowing next?
"Gold Mine Bubble".
This picture could turn out to be even more poignant than it already is.
Anonymous -- you like to say the Chinese are coming for Oz. Tell me, mate, how deep is American in debt to the Chinese -- $1.3 trillion? How many American factories and jobs has China gotten already? And you're saying the Chinese are going to come and "get" AUSTRALIA?!?
Maybe they will, but only after they've finished chewing up America and spitting it out. Cause the eagle is already in the jaws of the dragon...
Ross -- I voted against "Blood." I want firings of fuckers at the top, including politicians from both major parties. I want punishment. I want confiscation of assets. But the trouble with "blood" is that once it starts flowing, lots of people who don't deserve it get splattered too. See "The French Revolution" for an example.
The government didn't get the message. They don't want prosperity through production and savings. They want an economy where people push paper and spend credit. They're desperate for banks to lend money to people that can't pay it back so they can buy crap they don't need.
I did have an "epiphany" the other day - "WHAT if there IS no next BIG thing?". . .what if we don't have a new biotech bubble, internet part 3 bubble, or new real estate bubble - what if we just go back to a sustainable economy where people build, buy sell things - like even a realistic amount of GM cars??? Sure we would take 20% off the old bubble economy, and it is hurting right now to "rightsize", but it might just be worth it. Maybe GM IS the company of the future. . .can they make cars people want?
Yoski
why do you say housing only goes up ???
it has now been proven that housing goes down wayyyyyyyyyyyy down
I personally have friends that have lost millions in the last year in real estate, MILLIONS
=============
Why can't you belive housing will always go up. They have you believing there is not 2 trillion barrels of oil in shale that can be prodoced at 40 dollers per barrel right here in the US. Your not nearly as smart as you think you are Sushi.
Talk about the pot calling the kettle black.
For years I have been watching everyone on here banter back and forth about buying stocks, gold, oil, etc. Trying to guess when things hit bottom... naked short selling... etc.
So it's ok for you to play with your money and expect it to grow, but now that the shtf, everyone has to go back and being an entrepeneur so that you can make money off of their backs.
I have a simple answer for you...
SCREW YOU ALL!
When the times were good, why weren't you investing in a sustainable business? Why didn't you take those millions and start up something so that the rest of society could benefit?
It was ok when you were chasing bubbles, but now that everyones doing it... WELL... SOMEONE is going to have to go back to work right?
My hat's off to you kieth for the blogs and the predicitions, but how about you get off your high horse, put on the rubber boots, grab the pitch fork and go wade through the barn to clean out the of manure? And I mean that literally. All I hear is you travelling around Europe for business reasons. I don't see anyone in the right hand side of that picture travelling.
And that goes for everyone else on here. Stop your whining. What did you think was going to happen? You were going to make millions off your investments and live happily ever after like the morons in the left side of the picture?
Get off your asses and get to work! REAL work! Not just pushing money into different portfolios.
Frankly... the only person on this blog who put his money where his mouth was...was Roccland. Maybe a bit extreme... but at least he didn't whine.
Mr.X
No more cheap energy Keith.
You're still assuming a capitalist/free market model will continue to exist. Under such a scenario, you would be correct.
But what you might want to consider is that the PTB will institute a socialist model where oil becomes a controlled commodity (much like coffee, sugar, bananas, oil, etc. was under the communist USSR).
Even by peak oil standards, we have used up only 1 trillion barrels and another trillion remains in the ground. This is plenty of oil to allow for the planet's population to convert to a different energy source. Definitely not through a capitalistic system though.
Would there be social adjustments - you bet, I can picture people abandoning suburbia and moving into strangers' homes in the center of town. For an example of what happened in Europe - just watch 'Dr. Zhivago' after he came home from the war - six families moved into his house. This wasn't just in Moscow btw - it was ALL of eastern Europe.
Will there be social dislocations, arguments, shootings even? You bet - but in the end, people will have no choice. They will either adapt or die.
In many cases, the US is alot more fortunate because the climate is much warmer than Russia. It will allow a large part of the population to live in tents if required... which is what is going on right now I believe.
Slowly, over time, the socialist structure will be implemented. First gasoline pices will be regulated so that oil companies can only make a small profit. Then it will be fully regulated and subsidized. At some point, the government will be subsidizing for the majority of the cost of oil as they desperately try to switch to another model.
If they're smart, the period of socialism could be reduced to maybe 10-20 years. If not, it'll be as long as the USSR lasted. 60 years?
Mr.X
Anonymous -- you like to say the Chinese are coming for Oz. Tell me, mate, how deep is American in debt to the Chinese -- $1.3 trillion? How many American factories and jobs has China gotten already? And you're saying the Chinese are going to come and "get" AUSTRALIA?!?
Maybe they will, but only after they've finished chewing up America and spitting it out. Cause the eagle is already in the jaws of the dragon...
March 15, 2009 1:18 PM
==============
Bukko I read an article about how the man in Aussieland is pushing a 20 doller stumulas package wich is by the way 50 percent of your GDP. Your economy is truely fucked. The Chinese will come for you for the same reason the Japanese did, resources. You don't have much but then again you are defenseless, relying on the US to defend you like all true pole smoking socialists.
No Bukko the economy down under is in the shitter no one notices because the country economically is a shitter. ( people are great aside from you.) You are not a strategic thinker. You are a dull little (fat) man who stumbles around trying to find ever larger and larger words to impress people with your limited and shabby intellect. Oh yaa you have a spell checker to.
The medical industry in this country is already beginning its downward spiral as money dries up. The union parasites like you are living on borrowed time. Ass wipers will not be paid 3 times what they are worth for wiping butts. Just like auto workers will not be paid 100,000 a year for turning screw drivers.
In closing Bukko your future is bleak. There is not a hospital in this country that has not instituted a hiring freeze and many have gone to wage cuts. Layoffs and then restructuring wages and pensions is just around the courner. Hey Bukko Aussieland is in much worse shape than the US they are just 18 months behind us in collaspe as the Chinese demand fo imports collaspes. It will be worse for you there than here. But hey stick your head up your ass and tell yourself your special because your union. Prepare for the die off Bukko. Lazy smug no tallent leeches like you will suffer worst.
They have you believing there is not 2 trillion barrels of oil in shale that can be prodoced at 40 dollers per barrel right here in the US.
Utter nonsense.
Shale oil is one of the toughest oils to extract and most expensive to purify. Just think about it... you're not digging through sand or soil, but shale rock. ROCK! It's not as hard as igneous or metamorphic rock, but it is still damn hard to drill through. This means that you'll be wearing you diamond drill bits out alot faster than normal.
As for the recoverable reserve, it is probably 10% if not as low as 5% which means you 'might' get 100 to 200 billion barrels of oil. But we're still talking about ALOT more than $40 per barrel - more like $200.
You also need to take into acount how much energy is used to extract that oil into purified products such as gasoline. If it takes one barrel of oil (energy) to process 2 barrels of oil, it becomes unfeasible from a corporate profit perspective. However, it would be feasible from a socialist perspective where no one cares about profits or environmental pollution.
Keep in mind that the tar sands in Alberta - where the sand is DUG out of the earth instead of drilled, the 'THEORETICAL' limit for recovery is still less than 20%. This means for every 5 barrels of oil underground, they can only pull out less than 1 full barrel with today's technology. Currently most of the steam used to extract the oil is heated using natural gas. There are plans to switch to nuclear heating of steam, but the Canadian governement is dragging it's feet due to public pressure concerning the environment. Even if they got the go-ahead today, it would still take 20 years to build the reactors because of the bureaucracy surrounding environmental impact assessments. But again - in a socialist model, environment impact studies would be sidelined and the nuclear reactors would be built. This would give the governments 20 to 30 years to switch to different energy sources.
Mr.X
Maybe GM IS the company of the future. . .can they make cars people want?
No... they can't.
People wanted the EV1 but the company wouldn't let them buy it.
Today they are talking about building an electric car in 2012, but they just need to dust the plans which are already sitting on the shelf for the EV1 (which is still WAY ahead of the Toyota hybrid btw).
They could start building electric cars in 6 months which would GREATLY improve the companies bottom line.
Also keep in mind - the technology is ALOT better today than it was 10 years ago. Although they could continue to use Nickel-hydride batteries, they could also switch to Lithium ion, or even high charge density capacitors - both of which are much lighter and faster to charge.
But still... the nickel batteries would suffice.
So are you still buying their BS that they'll build an electric car by 2012? Do you still believe they will build cars people want?
Mr.X
Make stuff here in the USA? Why would anyone want to do that? The average American's income has been declining for over 30 years. So who would be able to buy that stuff?
Anyone notice that when the oil went up to $147 a barrel that food costs went up and that was the excuse for the high grocery expense and now that oil is down that food is still high?
Sure, you could buy land and start some crops or raise goats or cattle, but the banks loan on land at higher interest and short term, 10 years usually.
The point I’m getting to is that corporations and banks have, for the most part, control of your life and any attempt at breaking free, if not impossible for most, is very difficult at best.
And the recurring theme at this blog and hundreds of others on the net, has the government as facilitators and the paid-off shills of such that our society has become. Sure, we could be a lot more independent, but some help from the top is in order, if they just would make incentives for the family farm, it could be the start. And that would be against the corporate farming model that is dominant and subsidized now, where does the initiative exist for the politicians to help the small farmer?
I think there is a place for more diversity in the whole scheme of things, there will certainly have to be energy diversity in the future, unless they just plan to house-us all in cubicles and feed us intravenously. You have to think that with 300+ million people in the US, that the TPTB are interested in as much control as possible because the shear numbers have them at the disadvantage. And the fact that 111 million people in a collapsing Mexico probably has them scared sh*tless that big trouble is on the way too.
Yes, breaking free of the system requires a pioneering spirit as well as a can-do attitude, but really, aren’t most people just happy to go along to get along?
From the US Declaration of Independence:
Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
Why is not time to abolish it and hit reset?
Mark in SD:
GM makes great cars right now. I would love a new Malibu, Impala, any Caddy, Buick SUV, GM trucks are marvels and what about the new Camero?
GT Charlie
Collusion among industry 'giants' is the impetus for bubble economics.
Broad-based consumer manias are the direct result of deceptive practices, initiated and nurtured to fruition by industry insiders.
This financial calamity has been 'achieved' by the PTB through manipulation and exploitation of a compromising regulatory system.
If the REIC is to be held accountable for its 'housing investment' theatrics , then the MIC must also be prosecuted for its 'War on Terror' promotional theme to grossly inflate the market for its defense-related products.
Let's focus on the spawning grounds of these fraudulent business activities: the corporate boardrooms of the 'too big to fail' institutions.
That's where the REAL action is.
Hi, irritable anonymous! I'm trying to nut out what you meant by shite like: 20 doller stumulas package wich is by the way 50 percent of your GDP. Aside from the poor spelling, as usual, do you imply that Australia's GDP is only $40? Woo-hoo, then -- I've got the entire country's GDP in my wallet, plus $5!
Sorry to disappoint, but life IS still good here. You'd like to imagine that other people are going to get crushed, because you're in misery yourself, aren't you? And thinking that other people will get hurt makes you feel better. It's a sad frame of mind, mate.
Here's a tip from an old hippie: If you wish good things for other people, it's more likely that good things will happen to you. So here's my wish for you -- I hope you get sensible.
Anyway, no time to galah. The cab's coming soon to take us to the airport to fly to the Indian Ocean beaches. I'll try to ask the cabbie about gold. And I'm visiting the Perth Mint, where the ducats are made. I'll give a golden report about my holiday when I return. Ta!
Shale oil is one of the toughest oils to extract and most expensive to purify. Just think about it... you're not digging through sand or soil, but shale rock. ROCK! It's not as hard as igneous or metamorphic rock, but it is still damn hard to drill through. This means that you'll be wearing you diamond drill bits out alot faster than normal.
------------------------------
Hey dumbassssssaaaaaaaeeessss go to u tube and search canada oil or north gakota oil. Watch the reports and then shut your tree hugging sheeple asses.
"...So, those who do not want blood, please step forward..."
Hell no; I want the interrogation to last as long as possible. Employ doctors like they did with Enrique Camarena.
Madoff spent $140k/month on bodyguards. Somebody's gonna better that considerably.
Nah man, people are record holder Rip van Winkles.
(POTUS conversation w/ Brazil's President Lula da Silva.)
That article is written in a humorous manner in a depression. Obama is being funny like Katrina didn't happen.
Out of touche! err touch.
As for the recoverable reserve, it is probably 10% if not as low as 5% which means you 'might' get 100 to 200 billion barrels of oil. But we're still talking about ALOT more than $40 per barrel - more like $200.
You are so ill informed and stupid I don't know what to say other than you are god damned dishonest just like Obbbammmmy and the dems. You sicken me. Google shale oil and oil sands you moron. Understand the tech side of removal rather than coming here and lying through your teeth to support yor green religion. TOOL
Hey dumbassssssaaaaaaaeeessss go to u tube and search canada oil or north gakota oil. Watch the reports and then shut your tree hugging sheeple asses.
Do you have a link or are you just too brain damaged to provide one to back your case up?
And what exactly is your point? Do you really think that if there were two trillion barrels in the Dakotas, the US would bring a drop in from the mid east?
Let's see... two trillion at 40 bucks a barrel is... 80 trillion dollars.
Right... you're the only brainiac who who sees the potential. All those stupid geologists, investors, etc. they know nothing of oil, but some anonopuss does.
Did you ever ask yourself... wtih 80 trillion dollars under the ground... why are they even advertising it on youtube? Why don't they just start digging and start making money? Are you going to tell me George Bussh was an environmentalist prez?
Stop smoking that weed... it's already eaten enough of your brain - you can't even think straight. And you can't even spell dumbass properly you dumbass.
Mr.X
As I said, dumbass if you cannot google a subject you show yourself for the fool you are. Do you know what abiotic is in reference to oil? Of course you don't. Your a stupid pathetic fool, a sheeple who who comments on subjects it knows absolutely nothing about. NOTHING. Google abiotic, dumbass. You might start understanding this oil thing better. Ahhhh forget it your to stupid to to type in a 7 letter word much less read it. God this country is fucked, it is filled with retards like you and its now its run by one.
Keith, please read this article regarding the true facts on peak oil. Perhaps you could comment on this.
http://www.rense.com/general63/staline.htm
PS There are numerous articles that factually support what should always have been common sense. It does slap the peak oil in the face.
As I said, dumbass if you cannot google a subject you show yourself for the fool you are.
You think I'm going to waste MY time to google through thousands of possible videos and links to try to connect the dots in your pathetic numbskull of a brain?
Provide a link relating to your points or shut the f*ck up and stop wasting my time!
Also... I DO know about abiotic oil. And I actually believe it to be true.
But so what?
Even if it takes as little as 1000 years for the oil to replenish itself abiotically - who gives a f*ck! We need the oil NOW you dumbass! Our civilization can't last 10 years waiting for oil, much less 1000. And from all estimates, the two trillion barrels under the ground still took the planet billions of years to make. 1000 years is optimistic to the extreme.
But ok... for the sake of argument... and to allow you to keep some of your pathetic pride. Let's say that the planet can replenish all of the oil each year. Let's say that the planet can produce a trillion barrels a year in new oil using an abiotic process? (Just sit back and think how utterly ridiculous that sounds... a trillion barrels a year but so far we've only found 2 on the whole planet. But fine - I'll concede that point.)
Are you happy now?
Now answer me this... where is that oil?
It's going to be over 10 miles deep into the crust of the planet. Which also means that it is going to be ALOT more expensive to get out of the ground. What's the point of pulling a barrel of oil out of the ground if it takes you two barrels of oil 'ENREGY' to pull it out in the first place?
Ghawar - which still represents a third of all PROVEN reserves on the planet is just 7000 ft below the surface. It's also a very light sweet crude. The stuff which is 10 miles down is crud not crude.
I have also heard of the potential for there being close-to-surface oil on the north shore of Alaska as well as around Indonesia. But both of these areas suffer from inaccessibility (either due to extreme climate or deep water drilling).
Ghawar is close to the surface, on land, in the middle of a hot unpopulated desert, and is one of the best light sweet crudes on the planet. You don't get better than that.
But like I've maintained from the beginning (and you still haven't provided a shred of evidence) oil still exists but it will be harder to extract and process it. It can be done - but no corporation will do it at a loss. It will be up to the government (ie the tax payer) who will need to step in and do it.
Otherwise... do you really imagine in that pea brain of yours that people will be paying 10 bucks for a gallon of oil?
God this country is fucked, it is filled with retards like you and its now its run by one.
As for what is going to run the country into the ground it's going to be pathetic monkeys like yourself. Rather than trying to sit down and discuss a subject calmly, and rationally and based on it's merits and truths with someone in a civil way, you think that you're actually smart because you 'googled' a few things and saw a couple of videos.
Whoop-de-flippin-doo-dah!
Yes... all hail the anonopuss brainiac. HE will save us because he knows how to google.
You pathetic little man... as if everyone is stupid and you're the only smart one.
But like every typical American with an ego problem - the arrogance is palpable to the extreme. No humility whatsoever! Andrew Hac was absolutely right... your time has come you arrogant son of a snapper turtle. You just keep believing in abiotic oil and how the Dakotas will save you.
Somebody pass me the bamboo...
Oh... and one thing you should know... the Saudis are starting to suck salt water out of ghawar.
Let's see how smart you are by interpreting that last statement. Because if you knew what it meant you'd be soiling yourself right now.
Mr.X
OK ass wipe I posted your link since your green religion does not allow you accept reallity I assumme you will not read it as it would cause you see the ass staring at you in the mirror. Peak oil is artificially created by marxist thugs like you in order to sieze power. The marxist thugs in this country have completely shut down exploration and extraction of domestic oil for the last 35 years.
Argue with every serious scientist on this planet if you want you marxist freak. I hope you lost your dumb ass on the last fake oil crisis. I'm sure you didn't your to smart. Every country on this planet outside the US is exploiting all reserves including oil shale and sand and making huge money.
The Canadians are currently gearing up to massively to exploit the Bakkrn reserve on their side while the US does little if anything to explot the formation on our side.
Obbaaammmmyyyy will deploy cap and trade and will attempt to run this country on a magic flashlight battery which will completely destroy what little is left of this economy and its remaining capital. I wish you could see your self for what you are, you are one supremely stupid excuse for a human.
PS Don't hand me this shit you understand or accept abiotic oil you didn't say a fucking word about in your ealier posts as it destroys the green freak argument.
OK ass wipe I posted your link since your green religion does not allow you accept reallity I assumme you will not read it as it would cause you see the ass staring at you in the mirror.
Oh yes... Rense is the paragon of cutting edge journalism. With many donations from people like yourself I'm sure.
I'll read the article - but it obviously isn't on youtube or Google as you stated originally.
Oh... and btw - I also never said I was gung ho about the environment. Like so many other pea brains you assume to much and you never actually read my article fully.
But that's ok... I forgive you... I can't expect much except frothing at the mouth snappers who turn everyone into an 'enemy of the state' if they disagree with their 'opinions'.
What's that old line... "you're either with us or against us". Total arrogance.
Peak oil is artificially created by marxist thugs like you in order to sieze power. The marxist thugs in this country have completely shut down exploration and extraction of domestic oil for the last 35 years.
Do you even hear yourself?
If the Marxists already have so much power... that they are preventing US companies for drilling on US soil... then you've ALREADY lost.
Peak oil doesn't matter anymore because you're totally f*cked anyway!
But if I was a marxist, I probably wouldn't try to limit myself to something as stupid as oil. It's too easy for people to independently switch to some other energy source.
Nah... a marxist would probably hit you where it hurts - like the pocket book. Maybe engineer a financial collapse by appealing to the most basic aspirations of the population?
Argue with every serious scientist on this planet if you want you marxist freak. I hope you lost your dumb ass on the last fake oil crisis. I'm sure you didn't your to smart.
Actually... yes. I was too young when the US hit its own peak oil back during the first oil crisis. Why do you think they called it a crisis? The US could no longer supply it's own increasing demand on oil so they started invading the mid-east.
But I don't need to argue - I can respect anyones opinion who doesn't come off as a raving, frothing at the mouth, mad snapper turtle. Some times to get respect you have to show some.
And please... like so many other DP's I had to flee my country because of Marxist freaks. And now I have to deal with Nazi freaks who can't tolerate a dissenting voice.
GOD FORBID that anyone should have an opinion different than your own.
Too bad there's never a middle ground anywhere.
Every country on this planet outside the US is exploiting all reserves including oil shale and sand and making huge money.
They're exploiting it because they're desparate. Or did you not notice how most of Europe was freezing their asses off a couple of months ago when the Russians turned off the gas. Do you think that other countries which saw this are just sitting on their hands now?
And if there was no peak oil... why were the Europeans freezing? Why didn't they just turn on the taps?
The Canadians are currently gearing up to massively to exploit the Bakkrn reserve on their side while the US does little if anything to explot the formation on our side.
The Canadians still haven't even allowed for the construction of nuclear reactors to heat steam for getting oil from the tar sands. I would actually be happy if they did build them, but the tree huggers are the ones stopping them.
But again... the amount of recoverable oil with todays technology is still a small fraction. Who knows... maybe with newer technology, they might get more someday.
On the other side of the coin, salaries for workers in the tar sands has gone through the roof. Most companies are shutting down because they need oil to be $100 a barrel to make a profit.
Bottom line - companies dig oil for profit... not politics.
Obbaaammmmyyyy will deploy cap and trade and will attempt to run this country on a magic flashlight battery which will completely destroy what little is left of this economy and its remaining capital. I wish you could see your self for what you are, you are one supremely stupid excuse for a human.
Maybe Obama is a Marxist... I don't know. But why would you think that I support any of his policies?
However, it might be in the US strategic interests to switch to an energy source not controlled by foreigners. The US still has alot of physicists and scientists who could/should be working on the next Manhattan project for energy instead of dickering with financial derivative formulas on Wall St.
PS Don't hand me this shit you understand or accept abiotic oil you didn't say a fucking word about in your ealier posts as it destroys the green freak argument.
No I didn't... what did you expect? There's only so much I can write in one sitting.
But again... abiotic oil means nothing if it takes more then 10 years to replenish the oil. And keep in mind that our oil consumption keeps going up each year. So the planet has to INCREASE the rate at which oil is replenished.
Like most people - you don't read but you do make assumptions, such as the idea that I'm some sort of green freak.
The fact is I LOVE telling tree huggers all about peak oil. Then I watch them slowly squirm as I explain that humans will very quickly jump onto ANY other energy source just to stay warm. No oil or gas... no problem... plenty of trees to burn.
If environmentalists thought it was a problem before peak oil, I can guarantee you that after peak oil, anything growing taller than grass will be cut up and used for food or fuel. There will not be one tree, bush or twig in all of North America after peak oil hits.
Honestly... I hope to God you are right. I really hope peak oil is a myth.
But it's real stupid to be acting as though it was a myth when all of the evidence so far points to it being a reality. Neither Obama, nor McCain, nor your military nor anything else will save you.
And like I said... there are ways we can come out of this without too many deaths. Unfortunately they are all unpleasant and it means we give up alot of our freedoms as we switch to a socialist system. This is not my preference - just an observation. All Americans will have to decide what kind of system they wish to live under. Unfortunately, the socialists seem to be winning.
Why do you think the PTB installed Obama instead of McCain? Not that it would of made much difference.
Mr.X
To: Mr X or assclown.
And like I said... there are ways we can come out of this without too many deaths. Unfortunately they are all unpleasant and it means we give up alot of our freedoms as we switch to a socialist system. This is not my preference - just an observation. All Americans will have to decide what kind of system they wish to live under. Unfortunately, the socialists seem to be winning
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A fool is a fool. A magic popcicle or flashlight battery will feed people. A peak oil fool. I have set up to to work in oil and agribuissness. These are the only two industries that will survive in this country There will be no socialist government of the US. There will be anarchy and civil war. Your belief Obamma and his masters can pull it off only tells me you believe you are on their team and will profit by it. Stick your peak oil up your socialist ass. You will starve and freeze to death at the same time. Nothing will change that because the dumb ass in charge is taking your road. Go back to your day trading, oooopppss the market is gone along with ethanol and all the other ponzi green shit. I guess your will just have to starve along with everyone else.
A fool is a fool. A magic popcicle or flashlight battery will feed people. A peak oil fool. I have set up to to work in oil and agribuissness. These are the only two industries that will survive in this country There will be no socialist government of the US.
You're losing it buddy. This has nothing to do with politics - just peak oil. I have no idea out of which deep recesses of that black hole you call a mind you are pulling out such terms as magic popcicle... but I REALLY don't want to know.
For some reason, you think anyone who disagrees with you is a marxist, tree hugging, Obama supporter who is in some sort of conspiracy to strip you of your freedoms. As if you are the only one who wants to live free.
You make assumptions where there are none to be made and you can't even answer specific questions and counter the points raised with any semblance of logic.
You're an arrogant piece of crap who has been isolated for so long that you can no longer have a normal polite conversation with anyone nor can you respect their opinions. On top of it all, you have a god-complex because you think you are the source of all perfect knowledge.
There are a few words to describe that:
psychopathic,
schizophrenic,
delusional inbred idiot.
Take your pick - I really don't care which one.
Ultimately, if you are the picture of the average American, then we are so up shit creek that it'll take a miracle for America to survive.
Mr.X
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