Hard Numbers: The Economy Is Much Worse Than You Know!

reply to post by poet1b

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(sigh)

The myth is the story that is being perpetuated, for profit. You only watched a few minutes of the video, so you failed to notice the overall picture of what this man is saying, and that he is in the unique position to know better than CNN or just about anyone else for that matter.

Let's put it this way, I am all for alternate energy in due time, but not like this. Oil is a finite resource, granted, but we are nowhere near the point of running out. If we really were, don't you think "they" would have started doing something about this twenty years ago?

reply to post by jackinthebox

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I think that there is also reason to create the illusion that we are not running out of oil, to stave off the development of alternative energy sources and fuel efficient vehicles. I honestly think the people at the top of the oil pyramid are so power hungry, that they don't care if they are setting the planet up for disaster. They figure their wealth will carry them through, and that if the world fails to deal with this problem on time, in the end, they can wind up with even more power and control over the world.

I don't think we are running out of oil, I think we are running out of easy to access high quality crude. This means that the price of oil will continue to increase. Here is the big kicker, if we start developing alternative energy sources now, then we can dodge having to hand over more and more of our earnings to feed our cars and keep going to work and to the store in the future. AS long as the myth can be perpetuated that we are not running out of oil, people are less likely to start seriously looking for alternative energy sources, and more fuel efficient cars. Pretending that we are not running out of oil, benefits the oil companies more than the other way around.

The sooner we develop independence from oil, the better off we will be.

reply to post by poet1b

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A month or two ago I would have been with you in your asessment. But think about this. Supply and demand. Low supply, high demand equals record profits. Artificially shortened supply, and we "voluntarily" allow them to put the squeeze on our food supply. So now they are reaping record profits not only in oil, but food as well. Win win for them, lose lose for us.

And by the way. The lion's share of the profits are not going to the oil companies.

reply to post by poet1b

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wether were running out of quility crude or not the people who have the abbility to start production of alternate fuel options for home and vehicles arent doing so in a manner thats useful. look what theyre doing theyre putting all theyre effort in to biodieseal and ethanol because these two energy sources are easily producable and taxable. yet how much have you seen or heared about hydrogen being developed in the last 2 years? why? simply because the fuel for hydrogen is simple water which is a bit harder to control and tax. and then there is the extended range electric and the only one with sufficient range thats being put out so far is the tesla and its weighting in at a whopping 100,000.00 us$. way out of range for your average consumer. then theres allways the conversion kits for cars to run of vegtable oils problem here is that most of them arent effecient or are right out scams so knowing which one to buy is a tricky propisition. and the last thing il mention is that hemp makes a fuel that runs a vehicle well, is easily produced and grows almost anywhere so its production is simple yet growing industrial hemp is against the law in the us .

Hah hah. Wouldn't it be rather sick if the whole 'oil running low' thing IS a myth, just to make it unaffordable to people who NEED to drive?? I mean, people are saying they cannot afford gas to get to work.

These prices speak for themselves. Drivers are being gouged. I think that someone is simply knowing something bad is gunna happen, and trying to funnel as much money to themselves before it does. This whole economy mess, could actually be the BYPRODUCT of fuel lies?

Not sure how it ties into the "housing crisis", but damnit. I don't doubt that is made up as well. This is probably all planned for us.

Poet you have to watch the whole thing to understand. Jack is explaining it to you but to fully understand you need to watch the whole thing. It will open up your mind to another reason why we are getting raped at the pump. Like Locomans signature how do you apply the political KY conservatively or liberally

The rise in the price of oil is tied directly to fiat currencies. Supply/demand is only a secondary concern.


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