Originally Posted by Jubelum
Which is why there is no simplistic solution.. like "fuck the speculators" or "conserve more" or "drill more" as standalone fixes. It's going to take quite a few things to help all this get better.
I agree there is not a solution - but as im just an armchair spectator, tell me why it is that our glorious leaders have only managed to come up with solutions, that even by my scale of understanding (apparently) are a pile of shit.
Even I can see that begging SA to increase production...drilling ANWR...is a complete joke, that demonstrates that either the policy makers have (a) no fucking clue, or (b) are content - for their own self interest - to let things carry on as they are.
First, we've passed the point of no return on the value of the dollar and other currencies. That has to be dealt with.
Bull. Raise your interest rate to 5%, take the pain, and watch things sort themselves out.
Second, we cannot conserve our way out of this and grow our economy.
Well you're going to have to aren't you. You can kick and scream all you like, but soon the oil prices really
will be rising to astronomical levels because of supply and demand and what are you going to do then?
Third, if you think regulation is the answer, then get those Congressional democrats out there loud and proud with a solution that is good for the country, and have them explain what they've done in two years of power to avert this.
The solution that is good for the country is to raise interest rates. Given where we are today, there is pain to be had regardless - the US is screwed, Personally, i'd like the US to experience deep depression and vanish into obscurity, but for the interests of this conversation of doing what is best for repairing the economy, a raise in rates, appreciation of the dollar, investors/speculators divering oil money back into currencies - suffering the financial pain of recession and getting it over with as quickly as possible is the best solution.
Fourth, we need to start now to avoid the political and strategic problems of the future by producing oil from ground not owned by sheiks and dictators. This is common sense.
Yes it is apparent common sense, but when its such a small % of US consumption, what IS the point.? They are not going to sell that oil to domestic markets cheaper than the going international rate are they? Until the cause of the problem is addressed, everything else is utter moot.
Fifth, we need nuclear power in the French mould. They can do it. We can too.
I wont argue with that. IMO environmentalist objecting to nuclear power are the biggest bunch of fuckwits on the planet, after the admin of course
Sixth, a "carbon tax" will do one basic thing- blow up the US economy.
Its already blowing up! Havn't you noticed?
Now is the time to get to the root cause and build the infrastructure for the next era of the 21st/22nd century economy. No-one has the balls to do it, neither 'scums or Dems.
China & Asia, Europe and the middle east will be/have started doing it, but just like the devastation that has ripped through Detroits motor industry in the last 30 years - because of management and leadership 'fossils' living in the past, the US will be left behind - which is fine IMO, but for the sake of discussion.....