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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (8220)5/13/2009 6:59:42 AM
From: Road Walker  Read Replies (1) | Respond to of 86355
 
And given that many businesses are barely making it now, with the economy as bad as it is, higher power costs and regulations might be the straw that breaks the camel's back.

I disagree with most of your post, but that part might be right. But I don't think it will be electric energy prices, I think it will be gasoline prices. Don't look over your shoulder but oil is creeping back up to $60 a barrel. Electricity has the potential to go up 25% but gasoline has the potential to go up 100%, 200% or more.



To: Hawkmoon who wrote (8220)5/15/2009 8:13:12 AM
From: RetiredNow1 Recommendation  Read Replies (2) | Respond to of 86355
 
US growth has been financed by debt, especially since the end of the 1990's. So our growth over the last decade has simply been an illusion. The excellent transportation in Europe is due to the massive investments they have made.

The truth is that the more you look at our prosperity, which was built on a house of cards, the more you realize that it is illusory and that the American Dream is on life support. The arrogance of us thinking we're better than Europe and the rest of the world hasn't gotten us anywhere. It's time to make some sober assessments about just how good the system of the last decade has been and reverse course.

The Bush years were proof positive that the neo-conservative ideology is bankrupt.