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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (35057)	5/22/2008 6:04:53 AM
From: elmatador	Read Replies (1) \| Respond to of 218232

USD is a liability. It is not an asset. US wants the world to decide what to do with it. The US government can't face the truth!

To: TobagoJack who wrote (35057)	5/22/2008 8:21:10 AM
From: Seeker of Truth	Read Replies (8) \| Respond to of 218232

One thing and in my view only that one thing can stop the upward rush of the oil price. It would be an all out declaration, in January 2009, by the next president that a "war" for replacing oil with all the other energy sources has started, The US being the major hog of oil, its influence would be greatest. The US could heavily tax all new oil-consuming vehicles, and subsidize coal natural gas wave power tide power uranium new dams and hydroelectric generation. underground heat in selected sites. wind power solar power Also myriad recycling of materials would become compulsory. If this were done, both oil and gold would gradually decrease in Euro price, not drastically of course but the oil price explosion would be over. Chance of this drive being implemented? My guess is 0.1 Seeker of Truth

To: TobagoJack who wrote (35057)	5/24/2008 7:49:38 AM
From: elmatador	Respond to of 218232

In 1956 it was already plain to see that the construction was wrong. There was no way that it would improved short of a revolution to extirpate the Power Elite. 1/2 century hence their time is up: Part of my education: C. Wright Mills "Power Elite" Chapter 15: The Higher Immorality Especially following the second half of the eighteenth century, the US power elite has been getting increasingly immoral, irresponsible, ignorant, stupid (in terms of not valuing reason as one's key characteristic in life), and mindless in its quest for wealth and power. The higher immorality is a systematic, institutionalized feature of the US power elite, and the general acceptance of this immorality is an essential feature of the mass society. The mass society itself is also left without any moral standards to hold on to, or even rise against. While fear, uncertainty, and doubt is spread through military and economic crisis, “as individuals they are defenseless; as groups, they are politically indifferent.” Even though most relate (and wrongfully so) power with knowledge and ability, some have given in to the immorality embodied in accomplishment. Carranza and Elroy think it is Brazil and Mexico that are rotten :-)