The Big Lie about Energy

From Zerohedge, Jim Quinn gives a realistic view of our energy future.

Submitted by Jim Quinn of The Burning Platform

Energy Independence: The Big Lie


 PRICE OF A BARREL OF OIL 1978 – $14.00

“We are the generation that will win the war on the energy problem and in that process, rebuild the unity and confidence of America.” – President Jimmy Carter, 1979

“We have it in our power to act right here, right now. I propose $6 billion in tax cuts and research and developments to encourage innovation, renewable energy, fuel-efficient cars, and energy-efficient homes.” – President Bill Clinton, 1998

“I think that in ten years, we can reduce our dependence so that we no longer have to import oil from the Middle East or Venezuela. I think that’s about a realistic time frame…That’s why I’ve focused on putting resources into solar, wind, biodiesel, geothermal. These have been priorities of mine since I got to the Senate, and it is absolutely critical that we develop a high fuel efficient car that’s built not in Japan and not in South Korea, but built here in the United States of America.” – President Barack Obama, 2008

“We don’t have to wait on OPEC anymore. We don’t have to let them hold us hostage. America’s got the energy. Let’s have American energy independence.”- Rick Perry, CNN Debate, October 18

“We must become independent from foreign sources of oil. This will mean a combination of efforts related to conservation and efficiency measures, developing alternative sources of energy like biodiesel, ethanol, nuclear, and coal gasification, and finding more domestic sources of oil such as in ANWR or the Outer Continental Shelf (OCS).”Mitt Romney  


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The Banks versus the People – The banks are winning…

Bloomberg News is probably the last bastion of real investigative reporting left on the planet.

So the banks make loans to anything that can walk and talk, thereby inflating housing prices beyond reason, then when the market collapses, run to the Fed to cover their losses. Meanwhile, YOU lose out in several ways.

The screw you every chance they get. The battle has started and you’re not even aware of it. What a shame…

Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans– Bloomberg By Bradley Keoun and Phil Kuntz – Aug 22, 2011

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Is there something better in the world than capitalism?

Capitalism, socialism, communism and all the other “isms” today have a fatal flaw. They’re all based on the idea of unlimited growth in a finite environment. They will all go into the dust bin of history after this bottleneck we’re entering is over. That is, of course, if there’s anybody left.

Is there something better? Of course there is. It’s called cooperation and sharing. It’s the way humans and our ancestors lived for millions of years before agriculture gave certain people the ability to control the food supply and hoard wealth and therefore use other humans as tools. Mostly as tools to control more wealth.

After having studied various cultures from hunter-gatherers to “capitalists”, I’ve come to the conclusion that greed is a disease that is anti-survival in the long term. It will be bringing down our entire society within the next few decades, from the combined forces of environmental degradation (global warming and other poisoning of our own environment) and resource depletion (peak oil, peak phosphorous, peak food) and the few who make it out of this century will be lucky to survive, although they certainly might not feel that way.

Point in fact – The number one cause of virtually all our problems today, from terrorism to economic problems, is overpopulation. The greedy ones continually promote population growth because it gives them more perceived “power”. I say “perceived power” because in the long run, no matter what  money or “power” you have, you end up dead.

Just ask Steve Jobs…


Rick Perry – Banker’s Tool

Just to show you they all suck, a lot of you might have been leaning toward or impressed by Rick Perry.

Well, he’s just another whore politician ready, willing and able to take money from banks to get them tax breaks so they can continue to ruin our country. You’re just another sucker if you vote for him… heck, you’re a sucker if you bother to vote at all.

Rick Perry Bet Big On Tax Grants To Subprime Lenders As Governor

WASHINGTON — As Texas governor, Rick Perry spent tens of millions in taxpayer money to lure some of the nation’s leading mortgage companies to expand their business in his state, calling it a national model for creating jobs. But the plan backfired.

Just as the largest banks began receiving public cash, they aggressively ramped up risky lending. Within four years, the banks were out of business and homeowners across Texas faced foreclosure. In the end, the state paid $35 million to subsidize it.

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Sean and Me

With all this silly debt ceiling talk, I decided to go to one of the sources to inject some reality into the discussion. I registered on Sean Hannity’s message board that he touts during his show on WABC radio in the afternoon. After getting the confirmation email, I was notified that I couldn’t start a thread, I could only reply and my messages would be moderated for a time, for, I would imagine, making sure I wasn’t a spammer or something. So I signed on, picked a thread about the debt talks, and posted the fact that our money is created as debt and there’s really no way out of this situation until we reform our monetary system and take the control of our money away from the banks and return it to the people. I even quoted Jefferson to show the founding fathers felt the same way. I used the same generally respectful tone I use on this board. I didn’t bash Sean, Rush or any WABC “celebrity” or use nasty words or even call anybody names. I merely stated the facts of how our money is created and suggested that we needed to reform that system or we’d always be in debt. Very similar to posts I’ve made over the years on this very board (thanks Kathy!).

A couple of hours later, I wanted to see if my message was approved yet. I fully expected it to be since I didn’t violate any of the board rules. When I attempted to sign on, I got a message that my credentials weren’t recognized so I clicked on the “forgot password” link and entered the email address I used to register. To my surprise, the board software said that email address wasn’t in their database! I apparently had been deleted!

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Peak Gold

[Originally published: November 12, 2009]

We’re hitting resource limits left and right. Read the following article, it raises many salient points about natural resources and how we’ve mined them to exhaustion. The authors of The Limits to Growth were right, on a finite planet there are limits to growth, and we’re hitting them sooner than the authors anticipated. The situation with gold is exactly the same as with oil, lower quality reserves extracted at an ever higher price. This situation also applies to silver, since silver is rarely mined for itself as it exists in mines for other metals, especially copper and gold. What happens to gold happens to silver too.

I would start buying some silver and/or gold with your spare cash. You can get American Eagle 1 ounce silver bullion coins for about $20 each and 1/10 of an ounce American Eagle gold coins for around $150 each. One ounce Gold American Eagles run about $1175. Don’t wait, even though they’re records, these prices aren’t going to stay this low for long.

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The Onion gets Serious?

This was sent to me by a friend. It’s from The Onion, which used to be a satire website, but apparently they’re now talking about serious problems. I only wish the story about the raids was true…

But just in case you might be confused about what’s true and what’s satire, I’ll highlight the true statements in bold…

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Why raise the debt ceiling?

Why not legally print something like United States Notes like Lincoln did and pay off the debt with debt-free money rather than the banker-created debt-money?

Oh, I know why. Cause the bankers would stop lending and crash our economy like Nicholas Biddle, President of the Second Bank of the United States did…
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More bank hate…

Well, the bankers plan for owning the world is coming true. Wealth is being concentrated into the banks, gradually, slowly, but surely. How do I know? Science tells us…

Revealed – the capitalist network that runs the world – physics-math – 19 October 2011 – New Scientist

AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters’ worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The study’s assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.

The idea that a few bankers control a large chunk of the global economy might not seem like news to New York’s Occupy Wall Street movement and protesters elsewhere (see photo). But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world’s transnational corporations (TNCs).

“Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market,” says James Glattfelder. “Our analysis is reality-based.”

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