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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (394323)6/26/2008 11:07:59 AM
From: Don Hurst  Respond to of 1579714
 
>>" The most boneheaded miscalculation of all time... "<<

And after this disastrous debacle inflicted on America, Iraq and the rest of the world by Bush needing his family revenge and the neocons needing whatever, McBush says let's keep this going for another 100 years.

Ohmigosh!!!



To: bentway who wrote (394323)6/26/2008 11:17:36 AM
From: Road Walker  Read Replies (2) | Respond to of 1579714
 
Good article...

'Energy' is the most important issue of our time, bar none. That is, people are finally beginning to understand the centrality of energy to our collective existence. Take away the cheap energy, and it becomes clear that mankind has spent the past century building the wrong kind of world.

"Another way of saying it is that we've collectively built 'tomorrow's ruins' today. And I don't mean just the physical structures, the bad architecture and stranded infrastructure that is worthless when energy is expensive. Think as well about the social structures that are beyond worthless when energy gets expensive. Tell me when you start to get worried...

"Much of what happens in our time only happens because energy is relatively cheap and abundant. So when energy gets expensive, a lot of what happens is going to stop happening.



To: bentway who wrote (394323)6/26/2008 2:03:15 PM
From: tejek  Respond to of 1579714
 
This was Larry Kudlow writing in March, 2003.

The spike in oil prices he described took place on March 12th, 2003, pushing the price of a barrel of crude all the way up to $37.83 and the price of a gallon of gasoline to $1.72. Yesterday, oil closed at $137 and gas sells for $4.06.

But Kudlow was hardly alone in his hallucinations. Laurence Lindsey, then George Bush's senior economic advisor, looked into his own crystal ball and saw nothing he didn't like.


Kudlow is the most fart laden, pompous individuals to hit this country. If there was a law against hyperbole, he would be a prison lifer!