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wcaseym (78.64)

November 2008

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The Era Of Cheap Oil Is Over

November 22, 2008 – Comments (2)

Simmons reviewed IEA World Energy Report 2008 and here is what he concludes:  [more]

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Black gold or black eye?

November 20, 2008 – Comments (0)

This local - Alberta based, 'special' explores the top five reasons Alberta's oilsands are considered dirty.

http://www.cbc.ca/edmonton/features/dirtyoil/

C., ... already knows the answer to this question!

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We are the ones who make a brighter day,

November 18, 2008 – Comments (1)

... so shut up and just start bailing!
http://gmfactsandfiction.com/

C.

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We're all Zimbabwes now!

November 18, 2008 – Comments (0)

Jim Roger's interview.  I don't agree to everything he says, but still, worth hearing out all four segments.

http://www.ft.com/cms/893ac9c8-757e-11dc-b7cb-0000779fd2ac.html?_i_referralObject=929363526&fromSearch=n

C.

 

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Burn Detriot, burn!

November 17, 2008 – Comments (3)

Well, ... over the last ten years, GM and Ford - collectively - invested $485 billion dollars without closing the competitive gap versus Japanese carmakers, including those producing vehicles in the U.S. Along the way, their combined market capitalization fell by over $110 billion.  Who knew?  [more]

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Paulson fuels this crisis!

November 16, 2008 – Comments (2)

...What the consumer needs [is] job security and a pay-raise, not more debt.

Mike whitney explains it all:

Paulson the Bungler

http://counterpunch.com/whitney11142008.html

C.

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Brave New World

November 10, 2008 – Comments (0)

.... There are over 42 million American adults, 20 percent of whom hold high school diplomas, who cannot read, as well as the 50 million who read at a fourth- or fifth-grade level. Nearly a third of the nation’s population is illiterate or barely literate. And their numbers are growing by an estimated 2 million a year. But even those who are supposedly literate retreat in huge numbers into this image-based existence. A third of high school graduates, along with 42 percent of college graduates, never read a book after they finish school. Eighty percent of the families in the United States last year did not buy a book. [....]

.... The illiterate and semi-literate .... remain powerless. They still cannot protect their children from dysfunctional public schools. They still cannot understand predatory loan deals, the intricacies of mortgage papers, credit card agreements and equity lines of credit that drive them into foreclosures and bankruptcies. They still struggle with the most basic chores of daily life from reading instructions on medicine bottles to filling out bank forms, car loan documents and unemployment benefit and insurance papers. They watch helplessly and without comprehension as hundreds of thousands of jobs are shed. They are hostages to brands. Brands come with images and slogans. Images and slogans are all they understand. Many eat at fast food restaurants not only because it is cheap but because they can order from pictures rather than menus. And those who serve them, also semi-literate or illiterate, punch in orders on cash registers whose keys are marked with symbols and pictures. [....]

.... The core values of our open society, the ability to think for oneself, to draw independent conclusions, to express dissent when judgment and common sense indicate something is wrong, to be self-critical, to challenge authority, to understand historical facts, to separate truth from lies, to advocate for change and to acknowledge that there are other views, different ways of being, that are morally and socially acceptable, are dying. Obama used hundreds of millions of dollars in campaign funds to appeal to and manipulate this illiteracy and irrationalism to his advantage, but these forces will prove to be his most deadly nemesis once they collide with the awful reality that awaits us.

America the Illiterate  [more]

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