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It’s Called a Recession

While all the politicians including the Hack in Chief of the United States are finally noticing that the economy is in a free fall the latest news everywhere is not enlightening on how to fix it. While one political party is calling for more tax cuts for the middle and upper classes the other is presenting tax cuts for the middle and lower classes. Stimulus tax cuts they call them. In a realistic world they would be called one layer of gauze tape to stop the bleeding of a lost limb.

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Finally a Realistic Energy Policy

It only took 32 years for the Congress and the White House to finally realize that the sacrifice American’s need to make is in our energy consumption. All of the SUV’s that are gulping down the Go-go juice will have to change and that is just the beginning of the end of the oil monopoly in the world. President Bush has stated that he will sign the bill into law and frankly I thought he would have vetoed it based on some ridiculous facts. I am frankly and apologetical ly stating that I was wrong about President Bush and this issue. Stuff that up your back side Haszinski! That is another story from another post.

Through all the arguments in the House and in the Senate over the last few weeks we now have a compromise and an energy policy that just might reverse the madness that is our energy usage. Over at the New York Times they have this coverage on the only real energy policy change in 32 years in America…
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Bite Me Big Oil!

For the first time in 32 years the Congress is actually doing something about the real energy crisis here at home in America. I’m not talking about supply and demand. I’m talking about the reality that our nation is ruled by OIL. All hail his Majesty the King paid for by a generous donation by Exxon Mobil, Texaco, Chevron and Shell etc, etc.

America has a demand problem and as the largest market user of all oil based products in the world there is a market to manipulate when the ones producing the product are netting mega billions a quarter. I’m funny that way, billions of dollars in profit’s a quarter, hmm do you think they are using that profit for the greater good? I don’t think so either. Trillions are to be made on the open market and when you have billions of dollars piling up quarter after quarter it posses a ledger problem that becomes an accountants nightmare. If it isn’t spent on “Research and Development or other purposes investing in the corporation then those profits are taxable. Then again, maybe not given all the subsidies to the oil companies under W.
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Saudi Arabia… Screw You Wall Street

There is not one person that knows the oil business better than the folks in Saudi Arabia when it comes to supply and demand on the world oil market. Even Saudi Arabia is wondering how the world of oil market speculation has the price of a barrel of oil tempting at the hundred dollar mark. With that thought in mind the nation of Saudi Arabia is exploring for new oil fields with all of the new technology available to ramp up production thus saying to oil market speculators in the market, Screw YOU!

Wall Street can play the game and pocket the cash but I’m thinking that the producers of oil in the world are looking at the bigger picture and alternative energy sources are more than attractive with oil at one hundred dollars a barrel. That is and will be a direct effect to the bottom line of all oil producing exporting countries, aka OPEC. Oil has only been the main source of heating and vehicle power because it was cheap and affordable to the masses. That is no longer the case.
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Screw You OPEC and Wall Street!

With the never ending rise in the price of oil comes the never ending desire of Americans to find a better way. Some months ago I wrote a piece on the strangle hold that OPEC has on not just America but the world. In it I mentioned that the last stage coach was probably the best built carriage in the world but the combustion engine eventually put it out of its misery.

American’s can be a funny group of people. We are not well liked around the world for many reasons and one of them is our arrogance or intolerance of anyone saying “It can not be done!” Screw you, or some other creative twist of the English language is usually replied in return. Not in the board rooms of our nations corporations but in the barns, the sheds, the garages of Americans that know that IT can be done!
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Oil Markets out of Control

Once more the nation is facing $3 gasoline and home heating oil over speculation and what some would think is market manipulation . While the market and its volatility are soaring out of control you can almost here the cash registers ringing non stop for all of the friends of President Bush. With his lack of action on behalf of the lower classes of America he is proving the point made by thousands of political writers like yours truly that he is a puppet President.

This man that claims to be a great listener is tone deaf when it comes to the people that can least afford the greatest inflationary market driven product in the world. Oil and the price of it effects practically every product made in the United States. From your vegetables getting from the fields in California to the local supermarket in New England, to anything made with plastics. Take a break, look around you computer desk or just around your living room. The wires insulated with PVC that burn the lamps that you read or watch television by are oil based. The cabinet to your television, the keyboard of your computer and most of the parts inside of it, stereo, DVD player, surround sound speakers, the sneakers on your feet, the bottled water container that you drink because it supposed to be good for you. Just for giggles make a list, when you get over one hundred items in your living room, move to the kitchen. Take a deep breath and get ready for writers cramp. All of them are oil based products in one form or another. Everything in our society is linked to oil and the higher the price goes it seems the wider the smirk on W gets.
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