Listen, I am also an advocate of the Austrian-School of Economics which emphasizes free-market principles and supports as little government regulation in the economy as possible. Trust me, I wish the FED didnât exist. I just disagree with your notion that America is going to collapse just because the current system is failing. What was most ridiculous was your assertion that we are bound to be invaded. What basis is that from? Do you not realize that we are the worldâs only remaining superpower. Do you know how advanced our military is in comparison to other countries? It was an absurd post mainly for that invasion agreement. I understand youâre frustration with the current system, but we shouldnât expect a total collapse for that reason. Most other countries also have a federal reserve system. Furthermore, if America collapsed, it would affect the entire world. We live in a global economy. Few would prosper from a failing U.S. Who do you think would buy all those cheap products from China and India? Although the state of the economy looks horrible today, I think that we will recover. History repeats itself. Just because the FED exists doesnât mean its going to bankrupt the economy with its monetary policies. There will just be a point where they will stop adjusting the monetary supply and let the free market work. The Fed has also existed for nearly a century and our economy has recovered from equally bad situations. Be more optimistic. If people like you ran the government, your panic will just cause a run on banks and so forth. Stop predicting outrageous claims. If you think America wonât recover, why donât you just buy some gold and keep it under your bed. You actually remind me of those people that bought cans of food and stocked up in preparation for what they perceived the millennium bug where the computers wouldnât handle the change to year 2000.
You are right but there is no drama in it. Watching TV yesterday I got pissed off again at stupid retarded non-sense they feed you most of the time and it made me thinking despite the barrage of negative news it's not that bad. If people were really busy surviving networks wouldn't be able to peddle such a retarded IRRELEVANT garbage with any success.
Also some people are happy being pissed off at the whole world. Go over Gnome's posts, he is so consistent in his bitching it makes you wonder how much he actually likes it this way. I mean if you don't enjoy it you get angry but after a while you get tired of the same old... and do not think about it anymore.
Some of us are angry, but not enough of us to make a dent. The rest are "head in the sand" complacent... Gummint likes it this way. No threat until 100 million of us understand... probably not in my lifetime. I'm a Vietnam war veteran. My father was wounded in WWII. I've paid $Millions in taxes... I'm a student of American history and world financial history.... I figure I've got at least as much right to bitch as anyone. You don't like my anger? Put me on ignore.
In Australia, LPG has been used for many years in a lot of fleet vehicles and nearly all taxis. There is reasonably good distribution system and it is becoming a very attractive proposition for private cars. Yesterday at my local service station, LPG was AUD 0.71 / litre and petrol AUD 1.55 / litre. Converted petrol vehicles use about 20% more gas than petrol and power is down a little, but it is said to extend engine and exhaust system life. It is significantly less polluting than petrol (about 20% less CO2 and much less CO and oxides of nitrogen). With the latest multi-point injection conversions, there is supposedly no power penalty at all and fuel efficency is improved somewhat. Most converted vehicles are dual fuel with a dashboard changeover switch. Conversion costs from $2K to $4K but the government kindly provides a $2K rebate. For anybody doing a decent number of miles per year conversion is a no brainer.
Fuel from algae would be the best solution. A 100 mile by 100 mile area with algae farms would provide enough fuel for all the United States. Algae fuel would also solve the problem of global warming as algae consume CO2. The biggest problem with algae fuel right now is the high cost of production. I would imagine at some point it will be cheaper to produce algae fuel than to import crude oil. Algae fuel can also be used as a substitute for crude oil for the existing refineries. About a billion dollars a day is spent fighting the war in Iraq in part to protect the oil industry. Too bad the same billion dollars a day wasn't spent instead to research and promote alternate fuels like those produced from algae.
Sam you are spot on! Algae is the eventual bio fuel solution. It is much further along than most folks know. See: NREL/TP-580-24190 National Renewal Energy Lab A Look Back at the Department of Energy's Aquatic SPecies Program: Biodiesel from Algae (Close Out Report)July 1998 By: J. Sheehan, TG Dunahay, JR Benemann, PG Roessler, JC Weissman 294 Pages. We also need to start building new nuclear power reactors. We should have a goal of 1 new reactor a quarter online, starting within 5 years. Admiral Rickover knew how to do nuclear right. The safety of the US Nuclear Navy is a testament to his brilliance. There is much that could be learned from the French Civilian Nuclear program also. Like standardized plant sizes, reliability growth thru block changes, etc. Also the Thorium cycle needs to be embraced. India has, and it works. I agree, the transfer of US wealth offshore must stop. Also we need true patriot leadership in Washington. I am personally disgusted with both Repubs and Dems these days...
According to this article, oil from algae is already cost effective when the price of oil exceed $100 a barrel: http://www.nmt.edu/mainpage/news/2008/25june01.html
Excellent Commentary All ...................................................................................... The key words are proven reliability, size, and time. Algae has excellent future prospects....as does bioengineering cool processes with regards to cane, switchgrass etc..... Although algae is possble, no production plants have delivered one barrel of finished fuel.....and actually fuels just from the air itself, solar/wind grid powered batteries, or fuels from water are much better..... And actually, it is more economically sound and convenient to get rid of the need of all fossil fuels and the required depots and delivery systems......In other words, fuel needs to start at your home, not Exxon's....Just think of never having to concern yourself ever again to have to go to an energy depot middle man of any kind.... Nat gas is reliable, the US has size, and projects can be accomplished in less than 10 years....the current fleet can be largely converted at the least cost.... The struggle here is to get behind a project, not the only project.....in order to make sure that wealth stays within the borders of the US.... At the moment, there is no better option with regards to reliability, size, and time. Today, most nat gas is less than $2 per gallon...... Boone Pickens has got it right....and Denmark has it right. Wind is becoming acceptably proven....its fuel costs nothing....and the US has more of it than anyone else just because of where it is.....it is an invisible natural resource of the US.....Denmark's power grid is 20% wind today, and expects it to go to 50% by 2025. Furthermore a US Company , GE is one of the finest companies in the world is up to the challenge, and will employ US people.... McBush, Bush, Cheney, and possibly even Obama have got it wrong.....somebody needs to get the next leadership crew up to speed.....If you check the backgrounds you will see where they all have been influenced by special groups including the likes of Robert Zoelleck now head of the World Bank....recently commenting that high prices are here to stay through 2012....Fuck Zoelleck and the bullshit groups these people are tied to..... this shit needs to stop.....The US desperately needs to get rid of these parasitic idiots which live in and come from what I call fantasy thinking, but you cannot right now, because of time.....This is another project..... It is imperative that McBush or Obama get it....or the US can just expect more of the same.....and much much worse.......