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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: elmatador who wrote (36531)	10/31/2010 5:24:30 PM
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"Can the political order face up to the challenge? There is no reason for optimism." --- True. "We may make light of it, but our children will be faced with the consequences of decisions being made now. I don't en[v]y them. It's about time we started electing people who have the foresight and guts to act on a clear vision of the future. We used to have them once. More important, we used to vote for them. Maybe we've just got too damned fat, too indulgent in dreamy agendas, to plan (and prepare) for what's coming." Message 20886234 --- It's not just leadership, it's the economics. It's not just a failure of recognition, a failure of imagination, a failure of courage: it's denial. At this moment a barrel of WTI costs US $81.37. In 5 years or less that price will easily double. The reality is simply more than people can accept - so they pretend it doesn't exist. In our whole lives we'll never see a better example of man's consistent self-delusion. We're not prepared. We won't be. There'll be a series of shocks and recessions as prices rise, but we'll continue to deny until the truth is inescapable. Progressively billions will be economically marginalized. That's the reality. We've lived so long in prosperity and abundance, previously unseen in human history, that we simply can't integrate the harsh truth into the fabric of our present-day existence. Energy and climate dictate a much different future for our descendants. Before mankind adapts to a sustainable existence on this earth, many will die. Jim

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