The economy thing, and the end of the world as we know it

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I hate economics. I never took it. It begs us to accept that, in the end government can do something other than screw it up.

Yet as we look around amid the incredible stories about the dollar, and the price of oil and gold, and the actions of Chavez, the Iranians, the OPEC we are all about the dollar, the Chinese who can't decide if they want out of the dollar, or if doing so would destroy their holdings before they could act completely we can see two threads which twine together into a world spanning cable.

  1. The USA remains completely dependent on oil.
  2. The world no longer has confidence in the actions or fortitude of the American people (take that any way you want it)
This past week, the Honda commercial hit the air. GM apparently has a concept vehicle. I will probably buy the first to market vehicle. It looks to be Japanese technology.
HondaFCXfuelcellcar.JPGFine.

There are many who think that this doesn't matter. But it does.

Japan can solve that issue, but they cannot instill in this world the renewed confidence it needs (for reasons of its present military, history and national policies today), for despite the anti Americanism RAMPANT on this planet, beneath all is a realization that whatever it is individual nations and groups want us to do or not do, only WE can do it, or make it better without doing it, in the end.

Russia is, well, they will be Ivan IV. China won't, despite a freer economy, let people bring 2 bibles to  the olympics, and Japan just wants a low profile and economic success. Europe despite economic might has neither the military will, the political stability, the resources, or the UNITY to carry out a coherent future plan right now.

Despite all our faults, and by process of elimination, that leaves us. Like it or not, for all.

Since 1973 the handwriting has been on the wall for the USA (and the world). Oil is done. That's it. There IS no argument. The arbitrary nature of where it is, is found in the future, and can be retrieved eliminate it as a force for economic or political stability or predictability. More, there's got to be a better way.

The failure of first, the commercial system here to generate the momentum for the inevitable, and then the govt to tax break and demand, and fund and CREATE the research to create the FEASIBLE technologies is a manifest and COMPLETE failure of the both American economic and political system.
In short, by failing to win this battle (of 2 generations) so far against the predictable serendipity of oil, we have now come face to face with the turmoil of its result.

The USA for every single reason, economic, R&D, technology, environmental, political, has absolutely no reason, and has HAD no reason for failing to make this subject the NATIONAL PRIORITY for the last 35 years.

I have no doubt that had either party truly wanted to ACT in a meaningful way on this, the nation would now have made that party equal to the 1932 democratic party.

Arguments that the economy of oil mandated this path we have been are are ignorant, blind, and self justifying stupidities.

The benefits in terms of profit, power, and freedom of action for solving this issue are so obvious that I really can't see any reason to delay this for a day.

MANHATTAN PROJECT. Oil is dead.

XOM you define yourself as an energy company .... SOLVE IT.
GM, you were the largest operation on the planet, but you kept on building those 4 barrel carb, 390's and now look. Where IS my father's oldsmobile? Yah that's right.

How many corporate bonuses were handed out for the stock gains based on non production actions or manipulations?

Do they look important to us all now?

This is america.

Invention
Innovation
Entrepreneurship

The situation this PLANET is heading towards can be solved in one of two ways, chaos which reduces demand, or invention and innovation which trumps the zero sum game.

This sub prime mortgage disaster is just a trip wire to the real problem, the 'straw'. If the american people stop buying, the world is SCREWED. Next month. And then it WILL be too late.

Trade wars, protective tariffs, rationing of commodities (like gas), and massive deflation are all envisionable.

Where is the leadership to move us all without hesitation in the right direction?


Why has Honda answered the question I've been asking in this blog for years?

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This page contains a single entry by epaminondas published on November 21, 2007 8:58 AM.

Murtha - "We can't win militarily." was the previous entry in this blog.

Define reasonable is the next entry in this blog.

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