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    Re: Wealth? (Score: 1)
    by Doug on Sunday, May 23, 2004 @ 13:58:45 EDT
    (User Info | Send a Message)
    There is, in the CURRENT way you are doing it. Eating the planet's future and complaining that the leaders won't release something will not stop the slippery slope.

    Consider this folks: CHINA, INDIA. They have just started their move to be LIKE YOU, but there's 2 billion of them. One reason oil is so high - and probably will not drop again - is that Chinese people are asserting the same desires Americans have done for decades.

    It cannot continue, and as the Chinese say - "Unless we change direction, we are likely to end up where we are headed".

    The USA has only 5% of the worl'd population but CONSUMES 25% of its resources. That is not sustainable - and even with ZPE the consumption of goods would be out of whack.

    Cheers,

    Doug


    | Parent

    Re: Text of Sen. John Kerry's Radio Address to the Nation (Score: 1)
    by ElectroDynaCat on Sunday, May 23, 2004 @ 20:43:46 EDT
    (User Info | Send a Message)
    There may not be anything wrong with wealth, but if you are a typical American family chances are you have NO net worth whatsoever. Sixty percent of all US families have no liquidity at all when the equity in their homes, stocks, bonds, and bank accounts is subtracted from their debts. That is in a nutshell one of the core problems behind the energy price spiral that will devour our lifestyle.
    With less and less confidence in Americans ability to manage their own finances, little more could be said for the governments ability to back the implied promise that is printed on every dollar printed.
    If you haven't noticed, that promise is so thin that oil is being effectively priced in Euros.
    We will all be conserving very effectively in the near future, mainly because we will be flat broke, or at least finally become aware of the condition we have been living in for such a long time.
    As far as being rescued by some miracle technology hidden off in the wings, there's no indication that this is about to spring into play. The miracle technology that was intended to pull us out of the hole was nothing more than common sense and sound planning, something that our Media directed judgement doesn't seem to allow. Without that backdrop or common sense, developing any breakthrough is a waste of time.


    | Parent

     

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