OPEC conciders ditching the U.S. Dollar

[oilyriser]

The stock market crash has not been slow at all. The us dollar has been diluted to hide what is happening, and keep profits flowing for the financial sector.

When energy prices rise, the economy is *supposed* to slow down, to conserve energy while new production is put into place. If things are falsified and people are deceived into continuing high rates of consumption, the required new investments in energy sources and conservation will not be made.

 

[Gary Allan]

When this all shakes out and becomes semi-history, oilyriser, the media will depict is as some "side effect" ..as though it wasn't fully known that this would be the result.

"Oh, you mean you can't aim for an iceberg?". This has been designed ..promoted ..manipulated ..and endorsed...and it's criminal if not legally ..than in any sense of moral or ethical decency. Shame on them for selling their country down the toilet for a few trinkets. What are these people made of?

 

[Shannow]

Originally Posted By: Gary Allan
Here's the part that I've been spouting off about for a good while. I'm apparently not alone in my madness.

Quote:
The slow-motion crash of the stock markets has made foreigners think twice about parking their wealth in the US. Meanwhile, we've outsourced our manufacturing capacity to Mexico and Asia so that the American economy has come to be based soley on the creation of suburban sprawl, financed on credit, which is to say hallucinated money. Suburban sprawl is a meta-machine for consumption of resources. It produces nothing of value in and of itself. The world is onto this.


Gary,
that's sort of the fear to a lot of us in Oz.

We had a lot of manufacturing when the "chips were down", and the U.K. was willing to jettison us during WWII...to survive, we had to develop skills, ingenuity and industry to survive.

Post WWII, had some very ingenious inventors. Arthur Bishop invented the variable ratio rack and pinion steering...then had to invent the machines to produce it. Victa mower...cochlear implants etc. etc.

Now we just dig stuff up (or grow it) and sell it internationally.

We sign "free trade" agreements with people who want our raw minerals, but not our metals. We can't even have the luxury of polluting the place to drive off the bits that aren't metal...Our "free trade" partners want that stuff.

Speculators drive up the property prices, as they get a Govt incentive to own more and more investment houses.

When we run out of stuff to dig up (or other countries have had their fill), then we'll be a massive hole in the ground with nothing to generate income.

Have heard some genii suggesting that we can offer to take returns on fly ash and rubbish...LOL

 

[MarkC]

Originally Posted By: Pablo
This is not new news. I guess the rest of the world won’t care if the USA goes down the tubes.

The world listening to two whack jobs would be NEW news. Last time I checked, mac-mah-dinnah jacket and shouldgo katshetvez are not in charge of the world.

The US stupidity knows no bounds, we should be drilling ANWAR NOW, drilling off our coasts, using our NG assets, using Nuclear power….but oh no, we have to rely on whack jobs for energy and it seems to me our press, environmentalists and politicians enjoy being hooked up to Iran and Venezuela.


We aren't drilling in ANWR because it's the Arctic National Wildlife Refuge, not the Arctic National Petroleum Stash.
But don't worry, if (when) the price of oil continues to rise, it will eventually be drilled. And never fear, if (when) the Arctic Ice continues to melt and recede, it's possible new reserves may be discovered way up there, and we can argue with Canada and Russia as to who owns it.
(Supremely ironic that a certain phenomena--which is, of course, not happening--may provide access to more of what may be fueling it.)
And yes, let's blame environmentalists and the press for our problems. Politicians , well....
Let's throw in liberals, illegal aliens and homosexuals too.
Anybody but ourselves, of course. We never have anything whatsoever to do with our own problems.

 

[NJC]

Originally Posted By: MarkC
Originally Posted By: Pablo
This is not new news. I guess the rest of the world won’t care if the USA goes down the tubes.

The world listening to two whack jobs would be NEW news. Last time I checked, mac-mah-dinnah jacket and shouldgo katshetvez are not in charge of the world.

The US stupidity knows no bounds, we should be drilling ANWAR NOW, drilling off our coasts, using our NG assets, using Nuclear power….but oh no, we have to rely on whack jobs for energy and it seems to me our press, environmentalists and politicians enjoy being hooked up to Iran and Venezuela.


We aren't drilling in ANWR because it's the Arctic National Wildlife Refuge, not the Arctic National Petroleum Stash.

 

[Pablo]

Originally Posted By: MarkC


We aren't drilling in ANWR because it's the Arctic National Wildlife Refuge, not the Arctic National Petroleum Stash.
But don't worry, if (when) the price of oil continues to rise, it will eventually be drilled. And never fear, if (when) the Arctic Ice continues to melt and recede, it's possible new reserves may be discovered way up there, and we can argue with Canada and Russia as to who owns it.
(Supremely ironic that a certain phenomena--which is, of course, not happening--may provide access to more of what may be fueling it.)
And yes, let's blame environmentalists and the press for our problems. Politicians , well....
Let's throw in liberals, illegal aliens and homosexuals too.
Anybody but ourselves, of course. We never have anything whatsoever to do with our own problems.


I'm not excluding consumers from my list of "blame", but we go and pay some whack jobs for oil we (earlier on) drilled for with them, in their yards....when we have oil UNDER ground in our yard is crazy.....not enough, but some. I'm not for destroying wildlife, and you have enough smarts to know that drilling for oil in several sites is not going to destroy all or any wildlife. Geez look at all the protected wildlife and homos in Iran! But your post does the usual, lists a few groups that seem defenseless, pointless really......

Mark - environmentalists and the press (Hollywood included) and some politicians stopped nuclear power dead - with no real reason - they convinced the gullible masses it was BAD (easy to do) .... now where did that bit of leadership get us?

Natural gas? Follow the price vs. oil, it will tell you something.

So we will allow Cuba to drill for oil in the Gulf of Mexico, but we will restrain for the above reasons.....

Our energy "policy" has NEVER made any sense, no matter which party was in power...oil/Arab money must buy them all!

But MarkC takes a swing, and misses, at a so called "blamer", or perhaps someone that could be called a "hater" by one of his listed "downtrodden groups". Nice try!

 

[MarkC]

Whatever, Mr. P. You do always seem to have someone to slam, and an easy answer for everything, if only "those" other people would just do the right thing....
Must be nice to be wise.

 

[Pablo]

Originally Posted By: MarkC
Whatever, Mr. P. You do always seem to have someone to slam, and an easy answer for everything, if only "those" other people would just do the right thing....
Must be nice to be wise.


Some simple answers, never easy. "Always" is a big word....hey I was a peacenik in the 1970's and very scared of nuclear power as well. I realize now, how stupid I was. So, there is hope for you as well. There is always hope.

 

[Al]

Unfortunately..the small percentage we add from drilling our small supplies will jus cause our consumption to grow..So ultimately we will have gone backwards bc we are using our own resources and when its gone..so are we.

Why can't people seem to understand that saving a barrel of oil is the same as producing a barrel of oil? Conservation is our only viable option. This country will collapse bc of this mentality and unfortunately my kids/grandkids (and me at the rate things are going) will have a dismal future.

If I had no kids/grandkids..I'd be laughing at this insanity.

 

[Papa Bear]

Maybe "Blue Thunder" wasn't sci-fi at all ??.... :???:

 

[MarkC]

Originally Posted By: Pablo
Originally Posted By: MarkC
Whatever, Mr. P. You do always seem to have someone to slam, and an easy answer for everything, if only "those" other people would just do the right thing....
Must be nice to be wise.


Some simple answers, never easy. "Always" is a big word....hey I was a peacenik in the 1970's and very scared of nuclear power as well. I realize now, how stupid I was. So, there is hope for you as well. There is always hope.


What, hope that I'll turn into you? Kill me first.

I never said I was afraid of nuclear power.
But balming the lack of it here on enviro's is stupid.
It's not in the interest of energy companies to have nukes as long as they can get richer on hydrocarbons. Duh.

 

[Drew99GT]

If we continue operating like we are, the dollar will continue to fall and maybe even crash. It's happened to every other economy that operates trade deficits throughout history. We can't have everything made for us and then print little slips of paper to pay for them. Imagine if you and I operated like the US does; it won't happen.

Yea, it'll be painful, but we can get through it. And hopefully we as a country and a people will get our heads out from under our rears and get back to what life is really all about. It's not about material B.S. We all seem to have the latest and greatest toys now adays, yet people are less happy than ever.

 

[Papa Bear]

The answer to this situation is easily resolved .. but not here.

No R. or P. allowed !!

(The screwin' we're going to get is already covered under S.)

 

[Gary Allan]

Normally I would not care if the U$ crashed. It would end the exodus of jobs and force, like it did with Japan, for them to build manufacturing here for a much lower profit margin. It will plug the drain.

But our fine shepherds have allowed the drain to remain open via extended debt in all manners that it's available.

China: You can't afford our widgits in the numbers we make them and sell them for?

US: Nope.

China: That's okay. We like you so much ..we'll take your marker for it. This can go on for a fairly long time. You can lose even more jobs ..reduce all manufacturing ..never even getting to compete with us since you're buying our stuff with funny money. Your foolish prolls will march out of WM with cartload after cartload of useless junk that we ship you by the Mton and they'll never figure out that it's just junk because it's so cheap ..at least at the register. By the time the scam is uncovered, it will be way too late and we've built a tremendous functional society ..and yours will be in ruin compared to its former status. Thanks you for this act of national sacrifice for a better planet.

 

[Pablo]

Quote:
What, hope that I'll turn into you? Kill me first.

I never said I was afraid of nuclear power.
But balming the lack of it here on enviro's is stupid.
It's not in the interest of energy companies to have nukes as long as they can get richer on hydrocarbons. Duh.


Turn into me? Mark....dude....cool down...

I'm sure big oil didn't/doesn't want nuclear power.....but money was (and can be) made, despite the NIMBY that comes with Nukes.

 

[MarkC]

Want some nuclear waste on your street, do you?

I lived for many years right across the Cape Fear River from CP&L's Brunswick Nuclear plant. Not that it ever worked as planned very much. Maybe things are better now than they were, but the Sutton coal powered plant was still putting out more power last time I heard. It was also sited by some genius right on top of, or very close to a wrench fault.
I don't think many would oppose nuclear plants for electric power, if they could planned better, and worked better, and we had reasonable plans about what to do with the waste.
Those sissy Frenchies have been using nukes for a long time and I think they get about 80% of their power from that.

It's not the Cubans you need to worry about in the Gulf, the Chinese are bankrolling that.

BTW, are you a "hater"? YOu'll have to answer that yourself.
Look over your posts and see how many times you've blamed something on one of the groups mentioned above. I never said any of them were downtrodden, that's your word.
And I am not, nor ever have been a peacenik. Is that even still a word?
I just don't like stupid wars based on lies, which suck money and distract us from other things.

 

[Pablo]

Not a hater at all, nor did I call YOU a peacenik.

 

[Gary Allan]

MarkC=peacenik

There!! ...(draws imaginary line in Pablo's back yard near the hole in the ground left by vacating rock) ..step over that line!! ..and if you have any other troubles ...take them up with the big man in the house!

 

[Kernel Potter]

It's not hard to see why there's so many NIMBYs when it comes to nuclear power. From what I've seen, it was after the 3 mile Island incident that no more nuclear power plants were constructed here. Not surprising. Seven years later you have the WORST human made environmental disaster ever.

Besides those risks, like has been mentioned, there's still no solutions on what to do with the untold tons of massively toxic waste. Plus it's expensive and companies generally don't care if they pollute or not, they care about money. So that makes sense too.

And by the way, guess what state uses the most nuclear power for its electricity? Illinois at 50%. Pennsylvania, home of former 3 mile Island, is 2nd. It surprised me when I read it. I didn't think a state, say like Texas(at about 10%) would have been more pro-arab than Illinois.

 

[Al]

Originally Posted By: Kernel Potter
Seven years later you have the WORST human made environmental disaster ever.

Its all cleaned up. Was a w lot more benign than the media made it out to be. Chernoble was worse by many magnitudes. A couple of coal fired plants cause way more dmage to the environment in a couple of weeks.

Coal plants relaes way more radiation than a Nuke..by a wide margin.