US with renewed financial confidence once again accelerates aggression
towards Iran.
Fueling aggression is equivalent to pissing wealth down the drain.
Is this not an old tune giving a boost to oil prices and causing
dollar devaluation?
You give Uncle Sam a few billion and US burns it up in war expenses.
It does not escape notice that US administration is doing all in its
power to irritate Iran.
Again.... there is no evidence that Iran has a nuke weopons program.
US has no authority to dictate energy policy to foreign sovereign
powers until it sets its own energy affairs in order. It is far from
doing that.
The refusal by the USA to address global warming only entrenches US
dependence on dirty fossil fuel and gasoline technology for the next
twenty years while it destablizes world peace over its insatiable
appetite for automobile fuel.
The decision not to accelerate away from depndence on oil will destroy
the United States and dependents beyond recognition.
We see the parley between US and Iran this weekend amounted to nothing
more than a renewal of military threat towards Iran by the US.
It is unwise to have an economy which thrives only if the price of oil
goes down. It will only have a few weeks of "prosperity" when US nat
gas inventories and other enrgy inventories are building up for the
winter. as prices see their seasonal low.
If it is vital for US to maintan stabilty then it must properly
address the root causes, and not address only the symptoms.
We would see that if an economy behaved in such a manner, it would be
quite unfortuante as a certain strategic commodity increased in
scarcity as time goes on.
I observed a few other interesting details over the past few days
which I am going to keep under my hat for now..
Personally, I am beginning to believe that currency should simply be
based on kilowatthours of deliverable energy.
Energy is the currency of nature and is defined as the abilty to do
work or "construct goods", so man should emulate nature in determining
a fair systemof currency.
Also we cannot put a price on human life and this very much
complicates the economics and energy equation.
Oil isonly one source of BTU, as there are others.
It seemsout current notionof currency is unstable as we see something
of greater value than credit which can now be "hyped" in value to
inflated numbers.
