Comments on: Does Obama Understand Oil Scarcity?

By: Thomas Beeler

Thomas Beeler — Mon, 05 Jan 2009 05:05:26 +0000

Yes Mr. Kunstler, Mr. O. most certainly knows. His advisors are well read and have read your books. Mr. O’s public posture won’t always agree with the real facts because unfortunately the public isn’t ready to get slapped in the face with the real facts. That would create an altogether new problem and his administration will already have a full plate when they move into office on Jan. 20.

It’s up to folks like yourself to spread the word about peak oil. Thanks to your efforts the knowledge will soon reach critical mass and become more-or-less accepted fact in the same way as global warming. Cheers.

By: Jim

Jim — Fri, 26 Dec 2008 17:31:54 +0000

Castigate for “deeds undone” you say? Uh… let’s look at the Born Alive Act, which Obama, America’s Next Jimmy Carter, was the ONLY senator to vote against. What is the Born Alive Act you say? If a baby is born alive after a botched abortion, the child would have the right to live. But not in Obama’s PC world.

No doubt, you’d be waiting in the 1933 on Hitler for his deeds “yet undone,” too, or maybe even be telling us, “Hey, Jim Jones hasn’t done anything yet!” even as he was mixing the Kool-Aide in the Guyanan jungle.

By: JRM

JRM — Tue, 16 Dec 2008 20:13:18 +0000

My best to all of you! Well change is what you wanted and change is what you got ! unfortunitly Mr. O meant the change in your pocket that your going to be left with. The dip sticks like Reed and Frank and “Palowse”( not miss spelled) Are to dumb to run anything but there mouths. If this country thinks that re-electing these imbeciles time and time again is any indication of the brains or caliber of people that come from these states we are all in one hell of a lot of trouble! “Chicago” is the Vatican compared to D.C. THESE ARE BIG TIME CROOKS, THAY DON’T ASK FOR THE MONEY THAY JUST TAKE IT! THEN THEY HAVE THE BALLS TO BLAME BUSH, SURE HE’S NO BARGIAN, BUT AT LEAST HE’S NOT A CROOK. JUST REMEBER AS LITTLE AS 2 YEARS AGO IF YOU CAN, EVERYONE WAS SO HAPPY ,AND THE THE DEM’S TOOK OVER DEREG THIS DEREG THAT EVERYTHINGS JUST FINE , SEE EVEN I GOT A SWEET JUMBO {Mr. O and Frank, Dean} and just keep these dinosaurs in for ever and see what your children have left. Obama/ Biden
Or is it Dumb and Dumber.you will see soon enough, Way to go U.S.

By: MzScarlett

MzScarlett — Tue, 16 Dec 2008 18:09:39 +0000

The Pres of USA bribed (paid boo coo bucks) to Canada’s politicians to hey hey hey do things our way: we have gotten away with it for years: where the folks at the top have it all; can do whatever they want & never have to pay for it! THUS, your fine country began hobnobbing with criminals & became as corrupt as ours is; they have a “plan” called the NWO; interestingly enough: they write laws just for looks on the books; & each administration changes the laws backdating them even as they did for the Colombia Trade Agreement when $800,000 brought back by Bill Clinton for Hillary’s campaign; and of course the direct targeting & killing of folks trying to get a decent wage for living can be traced back to the criminal & corrupt USA Corps backed up by the USA Gov; who work together to enslave the people; sorry Canada; Mexico is already in civil war due to this: perhaps our best bet is to let the people join together & rid our land of criminals & crooks; the COUNTRY consists of the PEOPLE & the LAND; our folks here have RULED running it just like a plantation & it’s mentality is SLAVERY & THE PEOPLE MUST PAY! Hillary in the White House: fired long term employees, hired new ones, lesser pay, working only 39 hours so they could NOT get health benefits; NO ONE was to LOOK or SPEAK to HER: THIS is the very background of what is going on in OUR nation & now into YOURS. They keep all the $ at the top; & NOTHING is EVER DONE for social need. THIS is what they like to call “democracy”; it is what WE call SLAVERY. ********unthinkable! undrinkable! chemicals now so put into sodas & food supply change it chemical warfare to the maximum; India uses Pepsi & cokes as pesticides: figure it out; asparteme contains FORMALDEHDYE one of the deadliest & most dangerous toxins on the planet: FDA had no problem pushing right through for Don Rumsfeld: & now not only in sodas but in every possible food that there is! Prominent politicians profit from poisoning the people: deliberately: and write the laws saying can’t hold them responsible.

By: Kenneth

Kenneth — Thu, 11 Dec 2008 04:01:14 +0000

The figure of 9.1% decline is actually decline in the rate of oil production, not the oil production itself. Still alarming, but that first number startled me bad.

By: Myron Martin

Myron Martin — Tue, 09 Dec 2008 02:00:28 +0000

I can relate to the questions posed by the above writer because most people have simply not been taught “creative thinking” and have difficulty thinking outside the box. I agree that politicians are hamstrung by public perceptions and rarely venture beyond “SAFE” topics and conventional solutions. We in Canada are now starting to be impacted by the unprecedented foolishmess and malfeasance of numerous banksters and corporate executives feathering their own nests with reckless disregard for the EFFECTS on the general poulation and the economy as a whole. I submit that our “leaders”? have on the whole a relatively POOR understanding of basic economics and have for the most part been miseducated.

Our Prime Minister here in Canada is currently experiencing the very effect the writer envisons; being dumped on by the opposition parties who claim he is “not doing enough” to stimulate the economy and bail out the automobile industry. Two key opposition leaders have stirred up such a frenzy with wild eyed radicals rallying in major cities that one could envison “mob rule” if they do not get their way, it could get quite ugly if the government does not turn on the printing presses, so I sent the following analysis to the Prime Minister and some media outlets hoping to generte some intelligent debate>

Your government has made some effort to REDUCE the national debt which is highly commendable contrary to Jack Laytons reckless economic theories but at this time it might just be more prudent to increase Canada’s gold holdings as I have previously alluded too. The chances are EXCELLENT that gold will increase in value far faster than interest on the national debt will accumulate at current low rates!

In fact, given the TRILLIONS of fiat dollars the U.S. is injecting into the system to “restore confidence” and the very real possibility of further deterioration and collapse of additional bubbles such as the losses sustained by insurance companies stock market losses, commercial real estate collapsing as retailers are bankrupted, defaults on credit cards as jobs are lost, the potential deleveraging is absolutely scary! That is to say nothing of the INFLATION that is sure to follow the unprecedented expansion of the money supply

To set the stage for possible creative solutions let me detail some of the economic principles I have learned over the years!

1) Anything that is physically possible and desirable can and should be made financially possible!

The only questions that need to be asked are, A) do we have the necessary raw materials to build whatever is of benefit to society as a whole, B) do we have people ready willing and able to do the work necessary to create the things that our society needs, C) if the necessary skills are not adequate do we have people that can be TRAINED to meet the perceived needs?

When these criteria have been met then the only question remaining is HOW do we pay for it? Instead of going to the Central Bank and having THEM print the necessary funds for us at the price of paying them interest that will double the cost by the time the bonds are retired, why not just bypass them and CREATE the MONEY AS A CREDIT retired by taxes at half the cost? Impossible you say, the same thing that makes a central bank created fiat dollar good, (the taxing power of the government) will make a dollar issued as a CREDIT to utilize Canadian raw materials and labour good!

The only cost would be bookkeeping easily handled by our already bloated bureaucrazy, all it takes is some creative thinking, a few new laws to enable and implement an economic stimulus of infrastructure projects that are sorely needed and held back by a supposed lack of money!

I surmise that even if the present fiat system were allowed to continue for a time as far as COMMERCIAL and personal financing is concerned, while adding at least partial backing of our money by Gold could enhance Canada’s already leading performance among the G8! That combined with the potential reduction in taxes, while adding thousands of jobs through a major infastructore program would be a tremendous economic stimulus as more dollars were left in consumers pockets!

This is only a brief overview and I would be happy to make myself available to discuss details further should you be interested in my idess!

MY BEST TO YOU, MYRON