Comments on: Who Could Have Predicted Today’s Energy/Economic Crises?

By: kirk murphy

kirk murphy — Fri, 27 Jun 2008 16:15:29 +0000

late to thread…

(((Southern Dragon & Min)))

By: Hugh

Hugh — Fri, 27 Jun 2008 15:18:08 +0000

Although the media have begun to have a few stories on speculation, most of them still refer to other causes and other opinions. This is much what they did with the housing crisis. First, they hyped cheap housing. Then, they said there was no problem. Then, there were a few bad apples but the fundamentals were OK. Then, there was a shock but markets had corrected and the worst was over. Then, a repeat of that last one several times. Then, there might be a recession but probably not. Then, it would probably be mild. etc. etc.

Most of the reporting on the increase in commodities pricing is just as far off. The most recent and noticeable speculative binge has been going on fo nearly a year. Aside from some Congressional hearings and few minor gestures by the CFTC, nothing has been done.

By: bgrothus

bgrothus — Fri, 27 Jun 2008 15:02:11 +0000

It is the new century “hostage crisis.” The car lots have all the hostages now. Those SUVs are a goin’ nowhere. And BushCo can’t cry “uncle” nor send in the Blackhawks to release ‘em.

By: Blub

Blub — Fri, 27 Jun 2008 15:00:55 +0000

http://www.cnn.com/2008/WORLD/.....index.html

Well.. North pole’s gone. All melted. And, of course, the drug pushers that are the rethug party must already be salivating that there might be more black crack underneath it, now accessible, for them to sell to us, to feed our addiction. Unbelievable.

By: Blub

Blub — Fri, 27 Jun 2008 14:41:25 +0000

Dumb question for the shrubbies. What happens when we (ultimately) run out of the stuff? I mean, y’all tell us how much its going to cost and how long its going to take to wean us off our hydrocarbon addiction — an addiction you so delightfully feed and enable… and then you just propose to avoid those costs and by drilling more, producing more, whatever. But ultimately, your own logic dictates that we run out of the stuff. Or it gets very scarce, which is the same thing. What then? Stuffing our economy and our energy under the bed to avoid looking at it isn’t policy. It’s suicide. Well.. actually not, it’s murder-suicide.

By: DWBartoo

DWBartoo — Fri, 27 Jun 2008 14:29:16 +0000

Ah, the Nacilbupers and the Tarcomeds appear to be oscillating non-sychronously again, and, thus, the wavering electrons, undecided and, no doubt, a trifle confusaluted, have, apparently decided to seek their greater destiny amidst the ether myths of time.

Servers, serve humankind, desist in your uppity-ness, lest you shall come to rue your presumptions.

Might some tech-wizard not administer a solid thwack! upon the offending uncooperativeness? Kick the tires, slam the hood, threaten immediate banishment to the junkyard … you know, sweet, subtle blandishment?

For some reason, when other sites ‘go down’, I remain serene and essentially unconcerned, but I do lament the loss of FDL.

Where else may I rant and rave, fume and foment, roll on the floor, chase the dogs and startle the goldfish than amongst such wise and sensitive souls as gather here?

By: puravida

puravida — Fri, 27 Jun 2008 14:15:44 +0000

The Republics’ calls for more drilling, more nukes, more, more, more aren’t really about energy production at all. It’s about keeping the economy going.

The core issue regarding energy policy is keeping the U.S. (and world) economy chugging along. If goods and services can get to the market, and we need LOTS of energy to keep that supply going, then all will be fine-at least that’s what the Republics are counting on.

The Dems’ calls for more alternatives and conservation is really the same thing. They’re just hoping the economy can hold on until the “new” forms of energy become mainstream.

Of course, none of it means shit if you don’t have a job, you’ve lost your house, you go bankrupt because of your overwhelming credit debt, or an earthquake or flood or hurricane destroy your community. You may experience some psychological affects.

Look at the bright side, though. If terrorists attack, it’ll be good for Krusty.

By: jayt

jayt — Fri, 27 Jun 2008 14:14:53 +0000

christy’s upstairs…

By: karnak12

karnak12 — Fri, 27 Jun 2008 14:13:05 +0000

Those guys over in the M.E. including OBL are laughing their collective asses off, not out load of course (most of ‘em). That is, the ones that don’t live in Iraq or Afghanistan. And the ones that do live there are thinking “What goes around, comes around.”

Keep the light shining…

By: Elliott

Elliott — Fri, 27 Jun 2008 14:10:38 +0000

Christy has a new post up if you can get past the squirrels