Thursday, October 25, 2012

Beneath it all...

Greetings good citizen,

Every few months I feel compelled to restate the mission of this blog, which, due to its subject matter, is widely considered a ‘Doom and Gloom’ site.

How sad is it that it isn’t my purpose to frighten anyone nor am I intent upon twisting your mind toward my way of seeing things. (Although part of my mission involves, er, ‘educating’ you in the finer points of my creation, A Simple Plan.)

That said, some of you might find that education bordering on ‘indoctrination’.

I can be rabid when the feeling moves me and I’m forever racing ‘off the reservation’, a fault I readily admit.

Um, to opine that my posts are, er, ‘unbiased’ would be exactly that, an opinion. We’re all biased and there’s no getting away from that fact.

The editor of the local rag was ‘editorializing’ on the subject of biased fact checkers just last night…and you know why the conservative liar was crying about that subject, don’t you?

Yes indeed good citizen, the closer we get to the election the more it looks as though Ol’ Mitt is gonna pull off an ‘upset victory’ much Like W. winning Florida due to ‘hanging chads’.

And they’ll pin it on ‘waitresses’!

But I digress.

We all know those waitresses are working in dives across the nation, just waiting for a One Percenter (like Mitt) to waltz in and sweep them away from the drudgery of being a working class drone.

Billionaire, Princess, same difference.

And, bizarrely, YOU are expected to BELIEVE that it was that sort of BULLSHIT that swung the election in favor of the man who gave HALF OF US the fucking MIDDLE FINGER less than a month ago!

I don’t know how they expect this to play in Peoria but I’m fairly certain it won’t go down well with the decidedly non-conservative 80% of the NATION!

Especially when we have seen first hand how the bullshit with the banks went down.

But again, I digress.

Let us return to the topic that underlies the foundation of modern civilization, a topic that will ultimately bring an end to life as we have come to know it, peak oil and those whose power derives from fossil fuel.
We seem to hear two versions of the story of limited oil supply:

1. The economists’ view, saying that the issue is a simple problem of supply and demand. Substitution, higher prices, demand destruction, greater efficiency, and increased production of oil at higher prices will save the day. [HA!]

2. A version of Hubbert’s peak oil theory, saying that world oil production will rise and at some point reach a plateau and begin to decline, because of geological depletion. The common belief is that the rate of decline will be determined by geological considerations, and will roughly match the rate at which production increased.

In my view, neither of these views is correct. My view is a third view:

3. An adequate supply of cheap ($20 or $30 barrel) oil is no longer available, because most of the “easy to extract” oil is gone. The cost of extracting oil keeps rising, but the ability of oil-importing economies to pay for this oil does not. There are no good low-cost substitutes for oil, so substitution is very limited and will continue to be very limited. The big oil-importing economies are already finding themselves in poor financial condition, as higher oil prices lead to cutbacks in discretionary spending and layoffs in discretionary industries.

The government is caught up in this, as layoffs lead to more need for stimulus funds and for payments to unemployed workers, at the same time that tax revenue is reduced. There can be a temporary drop in oil prices (as there was in late 2008), as recession worsens, but eventually demand rises again, oil prices rise again, and the pattern of layoffs and increased governments financial problems occurs again. [snip]

What the Economists’ View Misses

The economists’ view misses the fact that it is external energy that makes the economy operate the way it does. (See my earlier posts, here, here and here.) If energy products are higher priced, energy importers can afford less of them, and there is a tendency of their economies to shrink back to what their economies can afford—fewer employed workers and fewer government programs. I talk about the connection between employed workers and energy consumption in The Close Tie Between Energy Consumption, Employment and Recession.

Back to the beginning, where I was explaining the objective of this blog.

I can’t help it if the truth sucks…that said I am also not telling you that ‘all is lost’ (although it might be if we don’t, er, ‘rid’ ourselves of those who were born thinking they are the only ones who deserve to live here. The rest of us are ‘excess baggage’ to be disposed of however and whenever necessary.

Worse, the only thing saving our sorry asses in their indecision about how many of us to keep around!

Although there is a building consensus that they should exterminate us wholesale and then let the few that survive breed the ‘servant class’ back up to full strength.

Pretty gloomy, but it doesn’t have to turn out this way.

There are alternatives to the eminent return of a ‘slave economy’ and the bloodshed this will cause.

We just need to bring everyone associated with this ‘New World Order’ (more commonly known as ‘The One Percent’) to Justice…after we purge the now corrupt beyond belief justice system.

The situation IS salvageable…but you need to have faith.

It all starts with small steps and A Simple Plan points the way!

Thanks for letting me inside your head,

Gegner


No comments:

Post a Comment