Mercnbeth
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Amazing, the very people complaining about the US not being energy self reliant are the same people whose protests stop offshore oil exploration, stop drilling in the vast reserves of Alaska, and prevent the contraction of any nuclear power plants. Hypocrites!
Meanwhile, the fail to appreciate that converting to ethanol would require 100% of current farmland to be used to produce corn - supported by the way, by the huge CORPORATE farms. Nor do they consider that any electrically powered vehicle would need energy produced by power plants using the same oil/gas/coal resources that are being used in the form of gas to power cars now. The beneficiary of all this conversion? Why CORPORATIONS who love to manipulate the ignorant into believing there is a benifit from using 100 gallons of oil to produce electricity enough to power a car the same distance that currently could be covered in 35 gallons of gas pumped directly into the tank of a 'gas guzzler'. Adding, as someone else pointed out, lead to the equation. Fortunatly I have a good broker who is producing great results from investing into the fool's mission.
Similar to the fools who bought houses they couldn't afford based on increasing income in a job designed for obsolescence; people lie and rationalize to themselves, because they can't deal with reality. They prefer to worship an icon and believe by faith such fiction as 'global warming' which officially ended yesterday based upon
quote:
Twelve-month long drop in world temperatures wipes out a century of warming
Over the past year, anecdotal evidence for a cooling planet has exploded. China has its coldest winter in 100 years. Baghdad sees its first snow in all recorded history. North America has the most snowcover in 50 years, with places like Wisconsin the highest since record-keeping began. Record levels of Antarctic sea ice, record cold in Minnesota, Texas, Florida, Mexico, Australia, Iran, Greece, South Africa, Greenland, Argentina, Chile -- the list goes on and on.
No more than anecdotal evidence, to be sure. But now, that evidence has been supplanted by hard scientific fact. All four major global temperature tracking outlets (Hadley, NASA's GISS, UAH, RSS) have released updated data. All show that over the past year, global temperatures have dropped precipitously.
Source: http://www.dailytech.com/Temperature+Monitors+Report+Worldwide+Global+Cooling/article10866.htm
One year is all it took for all the 'trends' and doom to fix themselves. The world caught up to that 1 degrees average rise in temperature we've been experiencing over the past 100 years. Tell me, will all the regulations, many directly impacting the OP's 'Stagflation', be withdrawn now? Will the global warming messiah give back his Nobel prize? Will he at least say he was wrong? Doubt it - the M.O. for people is they can never be wrong or say they are sorry, because (all together now group) "We had GOOD intent!" Do they realize that a cooling planet is MUCH more impacting and dangerous than any 'warming' effect? The world blossomed the last time you could grow wine grapes in England. The last time it was covered in ice - the people there, and in the rest of the world, didn't do so well.
Reading only those publishing from one side of the argument tends to lead the sheep in one direction. They deserve their fate of bing shorn and slaughter, while their sheppard retires in grandure from the money wasted chasing spectors created to fool them. The result is they support the very corporations they think they are fighting against, becoming poorer, less in control of their own destiny, to the point of being manipulated into wanting a benevolent 'nanny' to take care of them. Willing to give away the very freedom of choice and rational thought that would solve many of the things they see as problems. As I said - AMAZING!
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RE: Stagflation looming? - 
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