Basically, Fucked-Off . UpTheArsenal: The Long Emergency : Politics

Wednesday, April 06, 2005

The Long Emergency : Politics

This from Rolling stone Magazine.RollingStone.com: The Long Emergency : Politics by JAMES HOWARD KUNSTLER.

Funny the other day, Greenspan, the Republican Shill, said that there ought to be no panick over the excess demand demand for oil because, it will self-correct as conservation increases, demand falls, and suppliers increase supply, something to that effect. I am paraphrasing. I rember remarking, "conservation increases, from/by whom?" He wasn't talking about America, because current policy is, consume, consume, consume - not conserve, conserve.

"A few weeks ago, the price of oil ratcheted above fifty-five dollars a barrel, which is about twenty dollars a barrel more than a year ago. The next day, the oil story was buried on page six of the New York Times business section. Apparently, the price of oil is not considered significant news, even when it goes up five bucks a barrel in the span of ten days. That same day, the stock market shot up more than a hundred points because, CNN said, government data showed no signs of inflation. Note to clueless nation: Call planet Earth."
I just finished reading a book by John Perkins, titled Confessions of an Economic Hit Man. A lot of shit, politicians, business people and lawmakers make more sense now, not in a good way you understand. In a depressing way, but still the agenda is so much clearer now. Anyway related to the Rolling Stone article, over the weekend, I have been wondering: How on god's earth do oil-prices rise so quickly without inflationary effects (in the US, that is)? Why the fuck is Wall Street so bullish? I don't fucking get it. The signals I get call for a lot of optimism. But, the masses I told, don't worry, be happy. It's fucking brilliant.

I 've been too busy to overcontemplate the shit. I just got back from a conference in Vegas. Interesting. Have a few more preentations this week. then hopefully I'm outta here sooner than later.