Oil's energy contribution has declined by about 12% since 1999. The world's economies have also declined by about 12%. (Using conventional metrics, which are time delayed determinations, this will only be seen in hind sight). The massive destruction of asset values now occurring testifies to it happening.
Peak is well behind us, world economies have peaked and will continue to decline.
Posted: Fri Sep 26, 2008 9:37 am Post subject: Would an alcoholic be fixed...
Would an alcoholic be fixed if he inherited a whiskey factory CNBC?
Would a limitless supply of free alcohol cure what ails him?
Or would it just increase the sickness?
One of your CNBC commentators chewed out Rick Santelli telling him there is 'no time' for discussion of ideology in the bailout crisis. We must have the $700 billion NOW!
You at CNBC seem to think that if money is just thrown at the problem all will be fine.
If there is no time to change the underlying sickness in our broken capitalist system, how will more alcohol fix the alcoholic...or in this case more money fix the dishonest, greedy thrives of Wall Street CNBC?
Every once in a while CNBC offers some words of wisdom other than the poker playing, crap shooting, compulsive gambler mentality of trading that you promote.
Rick Santelli offered one such pearl of wisdom when he said the powers that be in America need to 'take their medicine like men' and stop trying to avoid the penalties of their financial shenanigans at all cost. To avoid taking their medicine is just making matters worse.
Fix the underlying sickness before you loan out a dime. Take your medicine like men CNBC as well as thieves of Wall Street.
Don't give taxpayer money out, not a dime - loan with high grade collateral and interest. But only loan if absolutely necessary. Put the rich, greedy, lying bastards of Wall Street on the line CNBC and not the taxpayer that can hardly make ends meet.
Paulson had over 30 years on Wall Street. Paulson is said to be worth half a billion dollars and we never heard a peep of warning out of him until the crisis was full blown.
This seems to be a case of honor dies where the interest lies CNBC.
Posted: Fri Sep 26, 2008 10:42 am Post subject: Re: Would an alcoholic be fixed...
I had a buddy who drank a bottle of whiskey every night. Over the years it greatly affected his health as well as his wallet. He took a job as an equipment operator at a whiskey distillery. Gave him the money he needed to keep up has habit, and the physical activity of the job improved his health. One night temptation got the best of him when he located a sampling tap. He got drunk that night, drunk like Cooter Brown. He lost his balance, fell into a vat of whiskey. Some of his coworkers dove in to save him, but he fought them off too hard. He drowned, but at least he had a smile on his face. His family cremated the body. It took 3 days to put the fire out. _________________ If you want a picture of the future, imagine a boot stamping on a human face--for ever."
-George Orwell, 1984
Posted: Fri Sep 26, 2008 2:01 pm Post subject: Re: Would an alcoholic be fixed...
kpeavey wrote:
I had a buddy who drank a bottle of whiskey every night. Over the years it greatly affected his health as well as his wallet. He took a job as an equipment operator at a whiskey distillery. Gave him the money he needed to keep up has habit, and the physical activity of the job improved his health. One night temptation got the best of him when he located a sampling tap. He got drunk that night, drunk like Cooter Brown. He lost his balance, fell into a vat of whiskey. Some of his coworkers dove in to save him, but he fought them off too hard. He drowned, but at least he had a smile on his face. His family cremated the body. It took 3 days to put the fire out.
In a world as screwed up and backward as this, it isn't the people who want to be drunk all the time that worry me--it is the ones who enjoy being sober.
Joined: May 06, 2006 Posts: 873 Location: Tustin, CA
Posted: Fri Sep 26, 2008 2:44 pm Post subject: Re: Would an alcoholic be fixed...
"Drowning in a vat of whiskey? Oh death where is thy sting"? -W.C.Fields _________________ Skeptical scrutiny in both Science and Religion is the means by which deep thoughts are winnowed from deep nonsense-Carl Sagan
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