Showing posts with label Big Oil. Show all posts
Showing posts with label Big Oil. Show all posts

Thursday, December 11, 2008

More on $1 a Gallon

Deflation?!

Seriously?

I'm a little surprised to see the idea of deflation rearing it's ugly head when the government and the fed are doing quite a bit to prop up the dollar and keep the current Ponzi scheme afloat. They don't win except via inflation, so they will use the related ideas of deflation and high unemployment to justify inflation creation.

Here is a funny idea about oil:
Oil is just a commodity like any other. There's nothing special about oil except for the way our society has been purposefully engineered to be dependent upon it and the fact that plastics can be made from it.

I like plastics. They have their uses. I like the idea of conserving oil for use in the creation of plastics. Yup, call me crazy...

I don't like the idea of oil as fuel when there are so many other things we could use instead. Now maybe it could be said that we needed oil as fuel until now, but we are rapidly approaching an era of technologies when the continued use of oil as a primary fuel will be a choice and not a necessity.

So, doesn't it seem reasonable that the price of oil is dropping? If there is a built-in surcharge in other products that accounts for what is largely a hidden gas cost then those items will also drop in price. That makes perfect sense.

Not so long ago gas was only about $1.50 USD - the fact that it jumped to nearly $4 USD on speculation was just part of the vagaries of a speculator market. It's not a market I think should exist, but I'm not in charge. So speculators were able to make out like bandits and put the screws to everyone else internationally. That's what happened.

But the drop of gas prices from $4 USD (record high oil barrel prices of near $150 USD) back down to something more reasonable is not really deflation. I'd call it more of a market correction and a step back from a purely speculator driven trend.

Think of it as haggling on a much larger scale.

Necessary Monty Python link:

http://www.mwscomp.com/movies/brian/brian-14.htm

Wednesday, August 6, 2008

A War for Oil is Prosecuted on What Grounds?

The Pulitzer Prize-winning journalist Ron Suskind claims that the White House ordered George Tenet, then head of the CIA, to forge a “backdated, handwritten letter” from the head of Iraqi intelligence to Saddam Hussein and thereby create an evidentiary link between Hussein and the attacks of 9/11. Read more here:

http://thinkprogress.org/2008/08/05/suskind-iraq/

Calls for Suskind's head are already being made loud and clear. But there is a snag in for the naysayers in this whole affair...

Many americans no longer believe that the Iraq War was justified and basically want the hell out of it. Many now accept that the war was indeed fought for oil rights. But we all know that the war was not justified on the basis of exchanging american blood for oil - the claim at the time was that we were there to get Saddam Hussien, to make the world safe against his stockpile of Weapons of Mass Destruction, and still later it was argued that we were there to bring democracy to Iraq.

I find Suskind's allegations extremely easy to believe. The allegations are entirely in keeping with the agenda of the White House at that time.

So yes, our government has become a ministry if misinformation and disinformation. The intended target audience for all of their bullshit is you and I. And the rest of the world looks on and laughs at our foolishness.

Friday, July 18, 2008

Do your fucking job, you silly cunt!

Pelosi: Bush 'a total failure'
http://www.cnn.com/2008/POLITICS/07/17/pelosi.interview/index.html?eref=rss_topstories

House Speaker Nancy Pelosi called President Bush "a total failure" on Thursday, among the California Democrat's harshest assessments to date of the president.

"God bless him, bless his heart, president of the United States -- a total failure, losing all credibility with the American people on the economy, on the war, on energy, you name the subject," Pelosi told CNN's Wolf Blitzer in an exclusive interview.

...

But Pelosi's comments come as a new Gallup poll registers the lowest level of congressional approval among Americans in the polling organization's 30-year history of conducting that survey.

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What explains the arrogance of this woman?

I am pretty sure I voted her and her god-damned party in so that they would get us out of these wars and impeach the motherfucking Prez. But she declared both of those fundamental moves off the table. I am quite sure that the Dems thought they could delay dealing with Bush so that it would more significantly affect the outcome of the next major election cycle. Put another way, they traded more American blood for political advantages.

I will now vote for anyone but Pelosi, because I have to vote against someone with the ability to make such a ghastly ethical trade-off. And let's be clear, she put her own political party and personal motives above doing her congressional duties and impeaching a Prez who is almost certainly guilty of several felonious federal offenses.

I can only hope that the plan is to go after Bush after the next election, once he no longer has executive privileges protecting him. I do want this one Prez to end up behind bars with his pals.

But I won't hold my breath.

Already the next Prez apparent, cocksucking Obama, has it in mind to keep these wars going - maybe going bigger in Afghanistan. What a dolt! Already he appears to be another puppet for big oil and the military industrial complex. I might as well vote McCain - at least McCain is honest about his overweening greed and his transparent desire to follow in the footsteps of Bush.

What a world, what a world...!