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.
Posted: Thu Jun 05, 2008 9:17 am Post subject: Mexico collapse watch thread
I'm starting this thread to post news relevant to the coming collapse of Mexico as a nation state. I'll start the ball rolling:
MIAMI -- Mexico is beginning to look like a war zone, Univision anchor Maria Elena Salinas writes in her syndicated column, and the drug cartels are better equipped than the government. Salinas argues that the problem is systemic: Mexican drug traffickers did not become powerful overnight. It’s been decades in the making. Organized crime has infiltrated law enforcement and governmental agencies; former police and federal agents are now the hired killers of drug cartels; and politicians have been paid to turn a blind eye.
Posted: Thu Jun 05, 2008 11:04 am Post subject: Re: Mexico collapse watch thread
Que lastima! Mexico es muerte. _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Joined: Aug 11, 2005 Posts: 603 Location: Eastern NC
Posted: Thu Jun 05, 2008 12:07 pm Post subject: Re: Mexico collapse watch thread
Not sure how Bush affects Mexico's collapse, guess you can blame anything you want. More importantly with Mexico's upcoming (ongoing) collapse is how a clueless one like Obama will deal with refugees flowing north from Los Estados Unidos de Mexico.
Posted: Thu Jun 05, 2008 12:32 pm Post subject: Re: Mexico collapse watch thread
misterno wrote:
Since most of the government's revenue stems from oilproduction, the more production goes down, the more country finance will go down.
It's worse than you think. Mexico will become a net importer by *at best* the second quarter of 2011.
misterno wrote:
I am expecting huge number of people trying to cross the border in the near future. More than ever before.
It certainly casts a plausible light on all of those Halliburton detention centers, doesn't it? _________________ The whole of human history is a refutation by experiment of the concept of "moral world order". - Friedrich Nietzsche
Cheap gas in Mexico lures Americans
By Brook Stockberger Sun-News Business Editor
Article Launched: 06/02/2008 12:00:00 AM MDT
LAS CRUCES — Despite news of violence across the border, the high price of fuel has motivated some people to cross into Mexico to buy diesel and regular gasoline.
Bob Pelham said that the three-hour round trip he periodically makes from his home near Silver City to Palomas, Mexico, saves him hundreds of dollars in diesel for his Ford F-250.
"I go to Wal-Mart and buy 5-gallon jugs," he said. "I also bought some 12 1/2 gallon (containers) and I try to arrive with an empty tank (in the truck)."
Roger Hanson travels a lot hauling products for his job, which often includes excursions to Mexico. Hanson, who works out of El Paso, said he regularly drives across the border to Juarez to buy diesel for his pick-up truck.
"I filled up this morning for $2.18 a gallon," he said last week. "It has gone up; it was about $1.97 about four or five months ago."
He said gasoline was the equivalent of $2.79 a gallon.
Of course sometimes a Pemex employee will pump 40 liters and charge you for 42...
MEXICO CITY: Call it the case of the missing $3 billion.
The price of oil keeps climbing and Mexico exports oil. When that happens the government should earn extra money from the state oil monopoly, Pemex. But this year - so far at least - the government says there is no oil windfall money to hand out.
The recent announcement by the Finance Ministry got the opposition up in arms. Politicians declared that the technocrats at the ministry were manipulating the numbers and demanded an explanation.
The spat over the missing oil windfall is about more than government largesse, although that is certainly part of the issue. Under the law, a percentage of extra money from high oil prices is distributed to state governors to spend on public works. Opposition parties govern most of Mexico's 31 states as well as Mexico City.
Just how dependent is the Mexican citizenry on government revenue? Just asked this at TOD by coincidence, no one's biting though. _________________ Cogito, ergo non satis bibivi
The god damn plane has crashed into the mountain!
Last edited by TheDude on Thu Jun 05, 2008 1:54 pm; edited 1 time in total
Posted: Thu Jun 05, 2008 1:52 pm Post subject: Re: Mexico collapse watch thread
Fishman wrote:
Not sure how Bush affects Mexico's collapse, guess you can blame anything you want. More importantly with Mexico's upcoming (ongoing) collapse is how a clueless one like Obama will deal with refugees flowing north from Los Estados Unidos de Mexico.
I am pretty sure that Obama cant be much worse than bush in much of any regard. I sure wouldn't want to have to run on the republican record of the las eight years, and I am certianlly no fan of democrats as that goes.
Posted: Thu Jun 05, 2008 1:58 pm Post subject: Re: Mexico collapse watch thread
Fishman wrote:
Not sure how Bush affects Mexico's collapse, guess you can blame anything you want. More importantly with Mexico's upcoming (ongoing) collapse is how a clueless one like Obama will deal with refugees flowing north from Los Estados Unidos de Mexico.
Probably welcome them as refugees, only to see people die of thirst in the southwest due to the overshoot.
Posted: Thu Jun 05, 2008 2:02 pm Post subject: Re: Mexico collapse watch thread
"Probably welcome them as refugees, only to see people die of thirst in the southwest due to the overshoot."
Maybe now, but not 3-10 years from now when unemployment here is say 10% and the doctored CPI is up 10% a year. Americans, even democrats wont stand for it. These invaders will be lynched by unemployed americans. This is the kind of thing that starts revolutions and TPTB know that.
Posted: Thu Jun 05, 2008 3:30 pm Post subject: Re: Mexico collapse watch thread
I don't speak spanish, the language of the oppressor, but I do know a good story in English, the language of the people who defeated the oppressors.
Operation Wetback
In 1949 the Border Patrol seized nearly 280,000 illegal immigrants. By 1953, the numbers had grown to more than 865,000, and the U.S. government felt pressured to do something about the onslaught of immigration. What resulted was Operation Wetback, devised in 1954 under the supervision of new commissioner of the Immigration and Nationalization Service, Gen. Joseph Swing.
Swing oversaw the Border patrol, and organized state and local officials along with the police. The object of his intense border enforcement were "illegal aliens," but common practice of Operation Wetback focused on Mexicans in general. The police swarmed through Mexican American barrios throughout the southeastern states. Some Mexicans, fearful of the potential violence of this militarization, fled back south across the border. In 1954, the agents discovered over 1 million illegal immigrants.
In some cases, illegal immigrants were deported along with their American-born children, who were by law U.S. citizens. The agents used a wide brush in their criteria for interrogating potential aliens. They adopted the practice of stopping "Mexican-looking" citizens on the street and asking for identification. This practice incited and angered many U.S. citizens who were of Mexican American descent. Opponents in both the United States and Mexico complained of "police-state" methods, and Operation Wetback was abandoned. _________________ HOLDING THE CENTER
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