NeedToUseYou
Posts: 2297
Joined: 12/24/2005 From: None of your business Status: offline
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I don't know, I'm sorta caught in between the optimism of potential progress, and the pessimism that comes from trying to analyze human behavior. On the one hand, we could in theory correct all these problems by implementing and focusing on new means of energy production. I think that is the answer regardless of the price of a barrel of oil. I've written before on my views on energy and most of our modern day problems are fundamentally based around how expensive fuel is, and the mere fact that it is not a infinite resource. So, could we starting today have a better richer world, yes. However, I do not think it will be done. Why, well for one we have trashed 5 trillion according to an article (real news source like cnn or cnbc can't remember which)this year (previously I read 3 trillion, either or they are both deadly numbers), trying to prop up a relatively useless segment of the economy. Financials merely multiply and enhance real wealth they still need the underlying base to work from, and that is what is lacking. So, we are throwing all of our money at a symptom and not the problem, we have yet to even address the problem at all. Now, whether you think that is Bushs fault the banks fault or whoever it really doesn't matter it has happened, now the big downer is that Obama is set on continuing bushes policies of misdirected resources by supporting a bailout of GM, and fellow car companies. Anyway, even if Obama would like to invest in alternative energy there is only so much money to go around, and it we are quickly approaching tapped out. While I'm not a supporter of any government entertwining with business, or 99% of welfare. If the government (will of the people), was properly focused it could be fixed. Throwing money into GM will not create a reduced cost energy source, they may make some advancements in more efficient vehicles but that is at most a piece of the pie, and at best maintains jobs, and leaves almost zero room for growth. However, take that same 5 trillion we have trashed on the financials, and instead we could have removed all taxes on any alternative energy, research, labor, or products. We could have built 1000's of solar farms, wind farms, and gave special low interest loans to viable alternative energy businesses. We could have done a lot with 5 trillion. Now we are left with the exact identical system that broke itself to begin with, and no better off, the best we can hope for is another market frenzy(tech bubble, housing bubble, etc), to carry us out of this temporarily, but we will be back barring some new tech gets ramped up very quickly. Those nanosolar.com guys seems to have a good solution, why don't we build 3000 nanosolar plants. The shit works. Anyway, I think the opportunity has nearly if not already passed to change the direction in the short term. Thus my best guess is Obama will continue with the bailouts, he will throw a token amount at alternative energy, and he will increase welfare programs we will ride the rollcoaster of a stock market, and in a few years it'll bottom out. We will not reach new non-inflated highs, until a viable energy alternative is developed and available to everyone (Wal-Mart shelves), that is significantly cheaper than coal. In summation I think we're fucked, because people are greedy, the corps are greedy, individuals are greedy, everyone is looking out to save their own ass, and the solution receives relatively minor attention in comparitive dollar amounts. So, fuck it, guns, ammo, food, wood heat, essential quantity of non-grid power that's what you need at minimum.
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