Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
***Today, we are talking about one of the most boneheaded miscalculations of all time. Almost with a single maladroit stroke, a relatively small group of [[[ power-mad people pretending to be ]]] world-improvers undermined the progress of 9 generations. Five years later, Americans are on the losing end of the "biggest transfer of wealth in history," as T. Boone Pickens described the oil market of 2008. George W. Bush has the highest disapproval ratings of any U.S. president in history. America's most profitable industry - finance - has collapsed…its currency has lost a third of its value…and European, Chinese and Indian economists are wagging their fingers saying, "I told you so."***
Quote:
***They knew no history; nor did they understand economics. They were the perfect people to lead the nation to disgrace and bankruptcy.* **
Quote:
***As colleague Byron King explains, below, we've spent the last 100 years building the wrong kind of world. Now, many Americans are doomed to live in the ruins of a civilization that no longer works.***
Quote:
***"Much of what happens in our time only happens because energy is relatively cheap and abundant. So when energy gets expensive, a lot of what happens is going to stop happening.** *
***"I leave the rest to your imagination. "***
_________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Joined: Sep 03, 2007 Posts: 640 Location: Sunny Virginia, USA
Posted: Wed Jun 25, 2008 5:35 pm Post subject: Re: Boneheaded Miscalculations of the Neo Cons
roccman wrote:
***Today, we are talking about one of the most boneheaded miscalculations of all time. Almost with a single maladroit stroke, a relatively small group of [[[ power-mad people pretending to be ]]] world-improvers undermined the progress of 9 generations. Five years later, Americans are on the losing end of the "biggest transfer of wealth in history," as T. Boone Pickens described the oil market of 2008. George W. Bush has the highest disapproval ratings of any U.S. president in history. America's most profitable industry - finance - has collapsed…its currency has lost a third of its value…and European, Chinese and Indian economists are wagging their fingers saying, "I told you so."***
I don't know... Being able to take most of the excess capital available from the middle class, not all, that would cause riots, just most. Funnel billiions, if not trillions of dollars into companies that you own, have control, or simply kick a percentage your way. Set the stage for one of the biggest power grabs ever seen in the history of the US just so you could play around with the notion of becoming "da King".
I know a lot of people who would gladly become Mr Unpopular if it meant having 8 years to rape and pillage and in the end walk away with a small army paid for by the very people who got screwed.
I'd have to say "Nice work, if you can get it." _________________ When somebody makes a statement you don't understand, don't tell him he's crazy. Ask him what he means. -- Otto Harkaman, Space Viking
Joined: Mar 28, 2005 Posts: 399 Location: Northern California, USA
Posted: Wed Jun 25, 2008 8:07 pm Post subject: Re: Boneheaded Miscalculations of the Neo Cons
Quote:
***Today, we are talking about one of the most boneheaded miscalculations of all time. Almost with a single maladroit stroke, a relatively small group of [[[ power-mad people pretending to be ]]] world-improvers undermined the progress of 9 generations. Five years later, Americans are on the losing end of the "biggest transfer of wealth in history," as T. Boone Pickens described the oil market of 2008. George W. Bush has the highest disapproval ratings of any U.S. president in history. America's most profitable industry - finance - has collapsed…its currency has lost a third of its value…and European, Chinese and Indian economists are wagging their fingers saying, "I told you so."***
Yeah but the Chinese, European and Indians pay $130/barrel too. It's not like they are doing any better. The future is going to suck no matter what.
Quote:
***They knew no history; nor did they understand economics. They were the perfect people to lead the nation to disgrace and bankruptcy.* **
Well all those wonderful foreigners got stuck with 100s of billions of worthless MBSs. They fell for the neo-cons financial tricks. Give the devil his due.
Quote:
***As colleague Byron King explains, below, we've spent the last 100 years building the wrong kind of world. Now, many Americans are doomed to live in the ruins of a civilization that no longer works.***
Well that's because hardly anybody in this country wanted to live in an energy impoverished state over the last 100 years. Not like it's been the neo-cons ruling us for 100 years either.
Quote:
***"Much of what happens in our time only happens because energy is relatively cheap and abundant. So when energy gets expensive, a lot of what happens is going to stop happening.** *
***"I leave the rest to your imagination. "***
Yep... if only the neo-cons had somehow convinced China to stay true to its maoist roots!
All this hand wringing over high gas prices. Look at Japan. Most fuel efficient country in the world. Been working hard on it since the 70s. Still sucks to be them during peak oil as they import all their oil.
It's not like if we had elected Al Gore we'd have $10/barrel oil or anything or peak oil would be averted. Blaming the neo-cons is just a great way to turn everything into a neo-con/bush hating festival which unfortunately does not do anything to affect the underlying geological reality.
One thing about the neo-cons: So they figured out all the SHTF was going to happen toward the end of the decade and started to act on it 10 years out. That takes real foresight and determination and they were right (about the SHTF at the end of the decade). Or they are just a bunch of dummies bumbling around looking for WMDs that don't exist and trying to install democracy but nobody on PeakOil.com really believes the official line anymore, right?
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