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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Author Message
  Topic: Global Economy Max. Danger Warning . . .
Cloud9

Replies: 51
Views: 1844

PostForum: Economics & Finance   Posted: Wed Jul 23, 2008 7:24 am   Subject: Re: Global Economy Max. Danger Warning . . .
Don't write off Japan as the Red Dragon rises.
  Topic: Cold War heats up with a vengence
Cloud9

Replies: 40
Views: 1126

PostForum: Geopolitics   Posted: Wed Jul 23, 2008 5:53 am   Subject: Re: Cold War heats up with a vengence
Mental note, add bunker to the beer, beans and bullets list.
  Topic: Global Economy Max. Danger Warning . . .
Cloud9

Replies: 51
Views: 1844

PostForum: Economics & Finance   Posted: Tue Jul 22, 2008 7:17 pm   Subject: Re: Global Economy Max. Danger Warning . . .
Should the United States turn inward, I suspect China will make short work of the Middle East. Russia and China will lock horns. Russia has the edge in weapon technology China has the edge in people ...
  Topic: Global Economy Max. Danger Warning . . .
Cloud9

Replies: 51
Views: 1844

PostForum: Economics & Finance   Posted: Tue Jul 22, 2008 5:23 pm   Subject: Re: Global Economy Max. Danger Warning . . .
Europe has had sixty years of relative peace under Pax Americana. When we are gone we will be followed by the dark ages.
  Topic: Slavery by another name
Cloud9

Replies: 20
Views: 617

PostForum: Book/Media Reviews   Posted: Mon Jul 21, 2008 6:33 pm   Subject: Re: Slavery by another name
The benefits of slavery were opened to poor whites as well as poor blacks after the Civil War. Most of the south’s industry had been destroyed by the Republican Army. The revitalization of agricultu ...
  Topic: Housing & Economic Collapse - In Progress - #2
Cloud9

Replies: 1351
Views: 75894

PostForum: Economics & Finance   Posted: Sat Jul 19, 2008 7:31 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2
May be Shakespeare had it wrong? Shoot all investment bankers!

Ir is of course the Merlot that is talking.
  Topic: US electrical infrastructure near breaking point
Cloud9

Replies: 59
Views: 2697

PostForum: Current Events   Posted: Sat Jul 19, 2008 7:10 am   Subject: Re: US electrical infrastructure near breaking point
Pretty much the same way 60 year old airplanes continue to fly.
  Topic: Nancy Pelosi: Bush and Cheney resposible for high oil prices
Cloud9

Replies: 9
Views: 451

PostForum: Peak Oil Discussion   Posted: Sat Jul 19, 2008 7:07 am   Subject: Re: Nancy Pelosi: Bush and Cheney resposible for high oil pr
Ah yes. When those evil Rpublicans are all gone then legislative Eutopia.
  Topic: Housing & Economic Collapse - In Progress - #2
Cloud9

Replies: 1351
Views: 75894

PostForum: Economics & Finance   Posted: Wed Jul 16, 2008 8:07 pm   Subject: Re: Housing & Economic Collapse - In Progress - #2
The crap ought to hit the fan in what 90 days. It's going to be interesting to see how these work through the courts. It may just piss off the judges.
  Topic: [Shelter] Defense (THE gun thread)
Cloud9

Replies: 999
Views: 126699

PostForum: Planning For The Future   Posted: Wed Jul 16, 2008 6:21 am   Subject: Re: [Shelter] Defense (THE gun thread)
There is hope. The gun abolition trend in the U.S. reversed after seventy years. Common sense editorials asserting a right to self defense will sow the seeds in the public mind. It takes time. It ...
  Topic: Why America will break apart-What Cheap energy has done..
Cloud9

Replies: 161
Views: 6085

PostForum: Americas Discussion   Posted: Tue Jul 15, 2008 3:44 pm   Subject: Re: Why America will break apart-What Cheap energy has done.
Nickel, I do not hold my self out as an expert. In as much as I was not present at the time, I am only as good as my secondary sources. Our Land and Our Time is a standard American History text us ...
  Topic: Why America will break apart-What Cheap energy has done..
Cloud9

Replies: 161
Views: 6085

PostForum: Americas Discussion   Posted: Tue Jul 15, 2008 7:10 am   Subject: Re: Why America will break apart-What Cheap energy has done.
"Roosvelt stopped the drain of gold from the treasury by forbidding the export of gold. In April, he followed England's example by taking the United States off the gold standard. At his request, Con ...
  Topic: Why America will break apart-What Cheap energy has done..
Cloud9

Replies: 161
Views: 6085

PostForum: Americas Discussion   Posted: Tue Jul 15, 2008 6:45 am   Subject: Re: Why America will break apart-What Cheap energy has done.
T. Boone Pickens will lead us. I agree that the current political landscape is bleak. Neither Obama nor McCain have the overwhelming support of the American people. The general consensus is that th ...
  Topic: Why America will break apart-What Cheap energy has done..
Cloud9

Replies: 161
Views: 6085

PostForum: Americas Discussion   Posted: Mon Jul 14, 2008 6:47 pm   Subject: Re: Why America will break apart-What Cheap energy has done.
Those of you who think we will devolve into a barter economy might consider the legal tender act. Specifically it states that a refusal to accept green backs as payment for a debt renders that debt n ...
  Topic: [Shelter] Defense (THE gun thread)
Cloud9

Replies: 999
Views: 126699

PostForum: Planning For The Future   Posted: Mon Jul 14, 2008 7:17 am   Subject: Re: [Shelter] Defense (THE gun thread)
Air Soft is a plastic gun that shoots a plastic 6 mm BB. It is something that you can shoot within the confines of your office without prompting a 911 call. Snap shooting is done without sights. It ...
 
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