4.15.2005

Primer Cont

Boy, all that and I didn't even get into corporate handouts. Well that's more of a general politics problem than something that is specific to the neoreps. Though they are more conspicuous with the obvious payouts e.g. the new bankruptcy bill. The fact that there was no fury in the traditional media about a bill that helps only Citibank et alii at the expense of (mostly poorer) citizens shows that the 4th estate is officially bought off/controlled if not dead.

Oil:

First and foremost, Iraq was about oil. WMD was a ruse (which should have been obvious to all from the beginning). There may be a little personal revenge thrown in for good measure, but for the most part, the goal of the war in Iraq is to get output of oil above 6 million barrels per day (from the prewar 1.1 Mbpd). Though I have seen other estimates for the production goal, the powers that be think it'll help domestic prices. That is probably true.

But what is the root of the problem? 7 G$. That's the problem. The oil and energy industries make 7 trillion dollars per year. That's a lot of momentum (and influence and control) to resist. The point is that whether or not other technologies exist now or will soon exist that will curb the appetite for oil, those companies will protect their interests at all costs. As you would expect from any corporate entity. The result is that the oil industry will ride the oil wave until it breaks (or breaks us all). The Iraq war shows that they will maintain the status quo (that includes coal and traditional electrics as well) regardless of global socio-political fall out or obviously, environmental health. That's bad for America. The Dems purport to want energy independence, and that is a good goal, but I don't think they are genuine in that goal. A good example is that the clean coal initiative is funded roughly on the same level as the fuel cell initiative. Fuel cells are purported to be our future, though I doubt it. What I don't understand is that the DOE gets billions per year for advanced energy research, yet our power infrastructure is roughly the same as it was in the 50's or earlier for that matter. Either it's wasted money and an example of a federal department that should get rebooted, or they are purposefully spinning their wheels. I guarantee I could get us off of oil in a couple of years for a billion in research funds. Ain't gonna happen that way though.

Information freedom is next.

0 Comments:

Post a Comment

<< Home