*Forces shaping Freedom's Directional Currents -
*Choices to change the direction we are heading
*Current Obstacles & Challenges: outdated energy & educational base, caused by a prehistoric ill defined corporate/economic model totally deficient and lacking
Scientific Evolutionary Survival Parameters necessary for Life's evolution, sustainability, and survival.
The Promise of New Energy Systems
A Look At Freedom's Currents
Each time a person stands up for an ideal, or acts to improve the lot of others. . .they send forth a ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current that can sweep down the mightiest walls of oppression and resistance." Robert F. Kennedy
21st Century's Priority One
1) Implementation of:The Promise of New Energy Systems & Beyond Oil___________________________________________
#1 Disolves the Problem of the ill designed"Corporism: The Systemic Disease that Destroys Civilization."through simple scientific common sense___________________________________________
_________Using grade school physics of both Newtonian and Nuclear models, does anyone foresee counter currents of sufficient size to minimize/change direction of the huge Tsunami roaring down on us, taking away not only our Freedom, but our Lives? Regardless if our salaries are dependant on us not knowing the inconvenient truths of reality (global warming, corporate rule, stagnant energy science) portrayed by the rare articles in the news media? I know only one - a free science, our window to Reality - that easily resolves the Foundational Problem of Quantum Physics and takes E=MC2 out of Kindergarten
Showing posts with label corporate greedy guts vs your life. Show all posts
Showing posts with label corporate greedy guts vs your life. Show all posts
……and it all began with “can it be metered” a statement by JP (Morgan) to Tesla.
Continued Energy & Economic strangulation is not recommended. To dance to the tune of true freedom, we will need to open the gates to "unmetered" energy evolution. Energy, like air, should be free as demo'd in the '40's. (hopefully air stays 'unprivatized" - imagine owning air, with current market methods, the greater the need, the higher you jack up the price - Al Capone at his best).
As the science of "What's Real", especially in energy stagnates, the escape to trivia mushrooms, and the "rise and fall" cycle of civilizations follow close behind – like a broken record without intelligence Repeat Repeat Repeat Repeat…..
How many billions worldwide, now dead by starvation, poverty, disease, malnutrition, water shortage, no medical, lack of sanitation since the late 40’s, when cheap, almost free, and unlimited energy systems became available ……..and still continuing in the age of 21st century science marvels?
While 98% of the working population’s major outcome is Debt, and the 2% take all the glory and profit. Throughout history, philosophies and religions shared their thoughts and wisdom about Greed. How in a nation of 21st Century science and education, did Greed become so glamorous and touted in the business community?
5 Big Benefits Cold Fusion and Evolutionary New Energy Systems could bring
Wall Street protests spread to other cities
Protesters around the world have something in common: wariness, even contempt, toward traditional politicians and the democratic political process they preside over
There are no excuses left. Either you join the revolt taking place on Wall Street and in the financial districts of other cities across the country or you stand on the wrong side of history. Either you obstruct, in the only form left to us, which is civil disobedience, the plundering by the criminal class on Wall Street and accelerated destruction of the ecosystem that sustains the human species, or become the passive enabler of a monstrous evil. Either you taste, feel and smell the intoxication of freedom and revolt or sink into the miasma of despair and apathy. Either you are a rebel or a slave.
To be declared innocent in a country where the rule of law means nothing, where we have undergone a corporate coup, where the poor and working men and women are reduced to joblessness and hunger, where war, financial speculation and internal surveillance are the only real business of the state, where even habeas corpus no longer exists, where you, as a citizen, are nothing more than a commodity to corporate systems of power, one to be used and discarded, is to be complicit in this radical evil. To stand on the sidelines and say “I am innocent” is to bear the mark of Cain; it is to do nothing to reach out and help the weak, the oppressed and the suffering
US World Image Projection Continues to Fade. What else can be expected with a deliberate design flaw in the Economic & Judicial systems of rule and law which ignore Reality, lopsidedly benefiting corporate greedy guts? Where science and facts play second fiddle to the power of the Mouth backed by money? Is the current status quo in energy science the best 21st Century Intelligence has to offer?
There is not an intelligent being alive that could not understand Natural Capitalism with justice and economics based on natural laws, facts and unfettered science; where human life comes first and foremost, the primary factor upon which justice and profit is gaged: the greater the health and prosperity of all, the greater the justice and profits for all (simple numbers game). So who CHOKED THE ECONOMIC SYSTEM, where trickle down became waterfall up - an economic system topped with scientific suppression of advanced energy systems from the late 1940's (we are speaking of Advanced Energy Systems without which Human Life Cannot Continue to Evolve and Survive) ?
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down, while their taxes, gas and energy costs continued skyrocketing to uncharted realms, as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans).
As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
11:28, August 02, 2008 Magazine:China becomes physics powerhouse There can be little doubt that China is finding its place as one of the world's physics power houses judged by the astonishing increase in papers written by scientists in China, said Physics World, an international monthly magazine, in a report published on Friday. Nanoscience, quantum computing and high-temperature superconductivity are three of the cutting-edge areas of physics that have seen particularly large increases. Published journal articles in nanoscience, for example, with at least one co-author based in China, have seen a 10-fold increase since the beginning of the millennium, rising to more than 10,500 in 2007, according to the report. China has already overtaken the United Kingdom and Germany in the number of physics papers published and is beginning to nip at the heels of the United States. If China's output continues to increase at its current pace, the country will be publishing more articles in physics - and indeed all of science - than the United States by 2012, said Physics World. Quantity alone however is not enough. The number of times a journal paper is cited by other academics in their own journal papers is often used as a guide to journal papers' quality. Unfortunately for China, they are currently a long way from the national citation top spot, ranked in 65th for physics, just ahead of Kuwait, with an average of 4.12 citations for each of the papers published. As China has only just started to publish large volumes of work, it is not a fair reflection. Werner Marx, an information scientist, who carried out a study for the Physics World article, said, "The figure is still quite impressive, and I estimate this will rise substantially in the next few years." All indications suggest that China's propensity for world-leading research is growing. In March this year scientists in Japan first reported a new class of iron-based superconducting material that can conduct electricity without resistance when cooled to below 26 Kelvin (K). Researchers in China quickly picked up the baton and, within a month of the initial Japanese discovery, had boosted the transition temperature at which the material loses all its electrical resistance to 52 K. "China has become a notable factor in the scientific landscape. Usually scientific development in nations does not show such a strong acceleration as we have seen in China, so it will be interesting to see how it responds and develops in the future," said Marx. Source: Xinhua , People's Daily Online
Freedumb, Freedumb, Read All About It!What factors changed Market Supply & Demand Fundamentals to Freakohnomics gone berserk? From cheaper goods and services available to all through continual advances in science, technology and mass production, to 'Whatever The Market Will Bear'depending on how great the need for sustaining Life? The answers lie in Power, Greed, and Stagnant Energy Science. In a world of exploding human population, with its myriad needs, wants and desires, the economy keeps falling, with more and more working people around the world, poorer, lacking basic needs and going hungry. Freakohnomics: The new 21st Century Supply & Demand Economics - absolute greed, absolute power brings on absolute madness - Turns into Freakohnomics gone berserk. Or mafia economics by deliberate Design - the greater the need, the higher the price of all commodities required to sustain Life. The Outcome, economic strangulation and workaholic enslavement of a people was not designed by the lord thy God, nor (for the non-believer) is it a Natural or Nature's Law, nor a Scientific Law The Deadly Dangers of a Mis-informed, Dis-informed & Un-informed Population, Ultimately to Itself, History Provides Ample Evidence. The Solution:The Promise of New Energy Systems & Beyond Oil
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down along with their retirement savings in equity & stocks, while their taxes, gas, energy and food costs continued skyrocketing to uncharted realms and many continue to lose their homes and go hungry; as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
Hundreds of Super Rich Under Investigation Senate Committee Wants To Question Secret Account Holders & Bank Officials By BRIAN ROSS, RHONDA SCHWARTZ, and AVNI PATEL July 16, 2008— Hundreds of rich Americans whose names and secret foreign bank account information were turned over to US tax authorities could face criminal prosecution. A Senate committee is scheduled to convene tomorrow and among those called to testify are foreign bank account holders, including one of the wealthiest men in Los Angeles. 48 year-old Peter Lowy and his family own the giant Westfield shopping center fortune and will control the retail space in the rebuilt World Trade Center in New York. Bob Bennett, a lawyer for Lowy, who is a prominent contributor to both Democratic and Republican candidates, told ABC News that Lowy's name was on the list of secret accounts from a Liechtenstein bank but that Lowy did nothing wrong. Bennett said Lowy is out of the country tomorrow and will not be available to testify. For years, the LGT Bank in the tiny European principality of Liechtenstein, tucked between Austria and Switzerland, has been regarded as a safe haven for wealthy Americans trying to hide their money from the IRS. It helps that the reigning prince there, Hans-Adams II, and his family own the bank and strictly enforce the country's bank secrecy laws. "Liechtenstein is regarded as one of the most secretive places in the world," said John Christensen of the London-based Tax Justice Network. But all that changed when a disgruntled computer technician at LGT, Heinrich Kieber, downloaded all the names and secret accounts on to two CDs and turned them over to tax authorities in the US and Europe. "It completely exposed the fact that Liechtenstein is nothing but a place to hide your money from tax collectors, and any other police who might be interested," said Kieber's Washington-based attorney Jack Blum. Kieber is now wanted in Liechtenstein for violating bank secrecy laws there, but his attorney says it is the tax cheats that are the real criminals. "They are the people who are taking advantage of the rest of us, who are withholding and paying," said Blum. "They're the crooks." Also called to testify tomorrow are current and former officials of the giant Swiss bank UBS, including the head of the private wealth management Americas office, Martin Liechti, who was briefly detained by US authorities in Miami in May. In court documents, federal prosecutors say UBS bankers helped set up many of the secret accounts in Liechtenstein and, overall, hid as much $20 billion belonging to US citizens. "Sums are enormous and UBS appears to have been particularly aggressive in the way they marketed their activities in the US and elsewhere," said Christensen. "So UBS is extremely vulnerable to losing their license in the US." One UBS banker, Bradley Birkenfield, pleaded guilty last month and admitted to smuggling cash and diamonds for Americans trying to hide their wealth from the IRS. In federal court documents obtained by ABC News, federal prosecutors allege that Birkenfield's bank trained bankers traveling to the US in "techniques to avoid detection" by law enforcement authorities, "including training bankers to falsely state on customs forms that they were traveling into the United States for pleasure and not business". Prosecutors say part of the Swiss bank scam was for the bank managers to have a third party who would set up sham entities for the US clients in tax havens, such as Panama or the British Virgin Islands, and pose as the owners of the entities. "By concealing the US clients' ownership and control in the assets held offshore," the prosecutors say the Swiss bank and its managers "defrauded the IRS and evaded United States income taxes." (click here to read more of the court documents) "The Americans were probably very shocked when their information wound up in the hands of the Internal Revenue Service," said Blum. Click Here for the Investigative Homepage. 2008 ABC News Internet Ventures
Freedumb, Freedumb, Read All About It!What factors changed Market Supply & Demand Fundamentals to Freakohnomics gone berserk? From cheaper goods and services available to all through continual advances in science, technology and mass production, to 'Whatever The Market Will Bear'depending on how great the need for sustaining Life? The answers lie in Power, Greed, and Stagnant Energy Science. In a world of exploding human population, with its myriad needs, wants and desires, the economy keeps falling, with more and more working people around the world, poorer, lacking basic needs and going hungry. Freakohnomics: The new 21st Century Supply & Demand Economics - absolute greed, absolute power brings on absolute madness - Turns into Freakohnomics gone berserk. Or mafia economics by deliberate Design - the greater the need, the higher the price of all commodities required to sustain Life. The Outcome, economic strangulation and workaholic enslavement of a people was not designed by the lord thy God, nor (for the non-believer) is it a Natural or Nature's Law, nor a Scientific Law The Deadly Dangers of a Mis-informed, Dis-informed & Un-informed Population, Ultimately to Itself, History Provides Ample Evidence. The Solution:The Promise of New Energy Systems & Beyond Oil
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down along with their retirement savings in equity & stocks, while their taxes, gas, energy and food costs continued skyrocketing to uncharted realms and many continue to lose their homes and go hungry; as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
'Heading Toward a Meltdown'? World Stocks Plummet on U.S. Worries
Asia, Europe Stocks Drop on Credit Woes Asian, European markets tumble as worries mount over US financial woes By LOUISE WATT The Associated Press LONDON Asian and European stock markets fell Tuesday as investor confidence in the U.S. financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac. In morning trading in Europe, Britain's FTSE 100 fell 1.27 percent to 5,233.10, Germany's DAX lost 1.80 percent at 6,088.40, and France's CAC-40 retreated 1.51 percent to 4,079.91. In Asia, every major index suffered declines, with Hong Kong's Hang Seng Index dropping more than 3.8 percent and Taiwan's benchmark losing over 4.5 percent. In Tokyo, the Nikkei 225 index dropped nearly 2 percent to close at 12,754.56. While losses spread across most sectors in Asia, financials were hit particularly hard as investors worried that trouble in the U.S. financial markets would spillover to Asia. Japanese traders were rattled by a local business newspaper report that the country's top three banks hold a combined 4.7 trillion yen ($44 billion) in Fannie Mae and Freddie Mac debt. Another newspaper report unnerved Taiwan's market with news that at least two leading financial institutions have invested in the mortgage giants, and the country's central bank may also have purchased their bonds. In China, rumors were circulating that the Chinese government had also invested in Fannie and Freddie bonds. The two government-chartered companies received a boost Sunday when the U.S. central bank and Treasury Department promised to step in with short-term funding and other aid should mortgage losses mount. Together, the companies hold or back about half the outstanding mortgages in the United States. A sell-off of regional banks overnight on Wall Street, as well as fears that other American banks might face difficulties ahead, only added to the unease. On Monday, the Dow Jones industrial average fell 45.35, or 0.41 percent, to 11,055.19 after spiking nearly 140 points in early trading. "Investors are quite concerned we could be heading toward a meltdown in the equities market if there's no rebuilding in confidence, especially in the U.S.," said Alex Tang, head of research at Core Pacific-Yamaichi in Hong Kong. In Japan, banks and insurance issues got slammed. Mitsubishi UFJ Financial Group plunged 5.32 percent, Mizuho Financial Group was down more than 5 percent, and Sumitomo Mitsui Financial Group plunged 6.11 percent. Earlier in the day, the Bank of Japan kept interest rates on hold, deciding to take a wait-and-see approach amid the current volatility. "With regard to risk factors, global financial markets remain unstable and there are downside risks to the U.S. and the world economy," the central bank's policy board said in a statement. A higher yen dragged down major exporters such as auto makers and electronics firms. A stronger Japanese currency reduces the value of exporters' profits when repatriated from abroad. In Hong Kong, the blue-chip Hang Seng Index plunged almost 840 points to 21,174.77 — its lowest close in nearly four months. China's biggest lender, ICBC, dove nearly 5.2 percent, and HSBC lost more than 3 percent. Heavyweight China Life Insurance slid 5.3 percent. In mainland China, the benchmark Shanghai Composite Index fell 3.4 percent to close at 2779.45. The drop was sharpest for real estate developers, banks and insurers. Among financial companies, China Life and Ping An Insurance both tanked 6 percent. Midsize lender Pudong Development Bank Ltd. dropped 7.1 percent. The government is due to release closely watched inflation data Thursday, which could add to pressure for an interest rate hike. Analysts expect a decline from May's 7.7 percent but expect the rate to stay above the government's 4.8 percent target for the year. Elsewhere, South Korea's benchmark slid 3.2 percent, India's Sensex was down 4.6 percent in late trade and Australia's main index lost 2.1 percent. ——— AP Business Writer Jeremiah Marquez contributed to this report from Hong Kong. 2008 The Associated Press. 2008 ABC News Internet Ventures
Freedumb, Freedumb, Read All About It!What factors changed Market Supply & Demand Fundamentals to Freakohnomics gone berserk? From cheaper goods and services available to all through continual advances in science, technology and mass production, to 'Whatever The Market Will Bear'depending on how great the need for sustaining Life? The answers lie in Power, Greed, and Stagnant Energy Science. In a world of exploding human population, with its myriad needs, wants and desires, the economy keeps falling, with more and more working people around the world, poorer, lacking basic needs and going hungry. Freakohnomics: The new 21st Century Supply & Demand Economics - absolute greed, absolute power brings on absolute madness - Turns into Freakohnomics gone berserk. Or mafia economics by deliberate Design - the greater the need, the higher the price of all commodities required to sustain Life. The Outcome, economic strangulation and workaholic enslavement of a people was not designed by the lord thy God, nor (for the non-believer) is it a Natural or Nature's Law, nor a Scientific Law The Deadly Dangers of a Mis-informed, Dis-informed & Un-informed Population, Ultimately to Itself, History Provides Ample Evidence. The Solution:The Promise of New Energy Systems & Beyond Oil
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down along with their retirement savings in equity & stocks, while their taxes, gas, energy and food costs continued skyrocketing to uncharted realms and many continue to lose their homes and go hungry; as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
July 6, 2008 American Energy Policy, Asleep at the Spigot By NELSON D. SCHWARTZ Correction Appended JUST three years ago, with oil trading at a seemingly frothy $66 a barrel, David J. O’Reilly made what many experts considered a risky bet. Outmaneuvering Chinese bidders and ignoring critics who said he overpaid, Mr. O’Reilly, the chief executive of Chevron, forked over $18 billion to buy Unocal, a giant whose riches date back to oil fields made famous in the film “There Will Be Blood.” For Chevron, the deal proved to be a movie-worthy gusher, helping its profits to soar. And while he has warned about tightening energy supplies for years and looks prescient for buying Unocal, even Mr. O’Reilly says that he still can’t get his head around current oil prices, which closed above $145 a barrel on Thursday, a record. “We can see how you can get to $100,” he says. “At $140, I just don’t know how to explain it. We’re surprised.” For the rest of the country, the feeling is more like shock. As gasoline prices climb beyond $4 a gallon, Americans are rethinking what they drive and how and where they live. Entire industries are reeling — airlines and automakers most prominent among them — and gas prices have emerged as an important issue in the presidential campaign. Ninety percent of Americans, meanwhile, expect the pain at the pump to pose a financial hardship in the next six months, according to a recent Associated Press-Yahoo News poll. Stocks now trade inversely to crude prices, and the Dow Jones industrials are in bear-market territory. Old icons have been written off, with Starbucks boasting nearly twice the market value of General Motors, which some on Wall Street say faces the possibility of bankruptcy. Outside the thriving oil patch, it makes for a bleak economic picture. But it didn’t have to be this way. ...full text ......Over the last 25 years, opportunities to head off the current crisis were ignored, missed or deliberately blocked, according to analysts, politicians and veterans of the oil and automobile industries. What’s more, for all the surprise at just how high oil prices have climbed, and fears for the future, this is one crisis we were warned about. .....The speed at which gas prices are climbing is forcing a seismic change in long-held American habits. .....Congress, meanwhile, in its bid to explain the run-up in fuel prices, is examining the role of speculation and the increased flow of investor money into commodities. Most energy economists emphasize the fundamental issue of supply and demand, rather than market manipulation, but financial factors like the weak dollar are also exacerbating the situation. Stephen P. A. Brown, director of energy economics and microeconomic policy analysis at the Federal Reserve Bank of Dallas, estimates that a little more than 20 percent of the price of oil today can be attributed to the dollar’s fall against the euro and other currencies. Another financial factor behind the price rise that hasn’t been talked about much on Capitol Hill or elsewhere is reduced hedging by oil companies on futures markets, says Larry Goldstein, a longtime energy analyst. ...full text
Gas Pump Freakohnomics: The new 21st Century Supply & Demand Economics Turned Freakohnomics gone berserk? Or mafia economics by deliberate Design - the greater the need, the higher the price of all commodities required to sustain Life? The Outcome, economic strangulation and workaholic enslavement of a people was not designed by the lord thy God, nor is it Nature's Law nor a scientific law
Freedumb: an extremely precise & efficient self killing tool on a massive scale - as the outcomes of Global Warming and resource wars are demonstrating The Deadly Dangers of a Mis-informed, Dis-informed & Un-informed Population, Ultimately to Itself, History Provides Ample Evidence. The Solution:The Promise of New Energy Systems & Beyond Oil
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down along with their retirement savings in equity & stocks, while their taxes, gas, energy and food costs continued skyrocketing to uncharted realms and many continue to lose their homes and go hungry; as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
May 21, 2008 The Cassandra of Oil Prices May 9, 2008 Oil Prices Surge Ahead Of Driving Season
By LOUISE STORY Arjun N. Murti remembers the pain of the oil shocks of the 1970s. But he is bracing for something far worse now: He foresees a “super spike” — a price surge that will soon drive crude oil to $200 a barrel. Mr. Murti, who has a bit of a green streak, is not bothered much by the prospect of even higher oil prices, figuring it might finally prompt America to become more energy efficient. An analyst at Goldman Sachs, Mr. Murti has become the talk of the oil market by issuing one sensational forecast after another. A few years ago, rivals scoffed when he predicted oil would breach $100 a barrel. Few are laughing now. Oil shattered yet another record on Tuesday, touching $129.60 on the New York Mercantile Exchange. Gas at $4 a gallon is arriving just in time for those long summer drives. Mr. Murti, 39, argues that the world’s seemingly unquenchable thirst for oil means prices will keep rising from here and stay above $100 into 2011. Others disagree, arguing that prices could abruptly tumble if speculators in the market rush for the exits. But the grim calculus of Mr. Murti’s prediction, issued in March and reconfirmed two weeks ago, is enough to give anyone pause: in an America of $200 oil, gasoline could cost more than $6 a gallon. That would be fine with Mr. Murti, who owns not one but two hybrid cars. “I’m actually fairly anti-oil,” says Mr. Murti, who grew up in New Jersey. “One of the biggest challenges our country faces is our addiction to oil.” Mr. Murti is hardly alone in predicting higher oil prices. Boone Pickens, the oilman turned corporate raider, said Tuesday that crude would hit $150 this year. But many analysts are no longer so sure where oil is going, at least in the short term. Some say prices will fall as low as $70 a barrel by year-end, according to Thomson Financial. Experts disagree over the supply of oil, the demand for it and whether recent speculation in the commodities markets has artificially raised prices. As an energy analyst at Citigroup, Tim Evans, reportedly put it, trading commodities these days is like “sticking your hand in a blender.” Whatever the case, oil analysts like Mr. Murti have suddenly taken on the aura that enveloped technology analysts in the 1990s. “It’s become a very fashionable area to write about,” said Kevin Norrish, a commodity analyst at Barclays Capital, which began predicting high oil prices around the same time as Goldman. “And to try to get attention from people, people are coming out with all sorts of numbers.” This was not always the case. In the 1990s, oil research was a sleepy area at banks. Many analysts assumed oil prices would hover near $15 to $20 a barrel forever. If prices rose much above those levels, they figured, consumers would start conserving, suppliers would raise production, or both, causing prices to decline. But around the turn of the century, oil company after oil company started missing predicted production. Mr. Murti, who covers oil companies like ConocoPhillips and Valero Energy, decided to study the oil spikes of the 1970s. Since starting his career at Petrie Parkman & Company, a Denver-based investment firm acquired by Merrill Lynch in 2006, he had been conservative in his calls on oil. But by 2004, he concluded the world was headed for a long supply shock that would push prices through the roof. That summer, as oil traded for about $40 a barrel, Mr. Murti coined what has become his signature phrase: super spike. The following March, he drew attention by predicting prices would soar to $105, sending shock waves through the market. Angry investors questioned whether Goldman’s own oil traders benefited from the prediction. At Goldman’s annual meeting, Henry M. Paulson Jr., then the bank’s chief executive and now Treasury secretary, found himself defending Mr. Murti. “Our traders were as surprised as everyone else was,” Mr. Paulson reportedly said. “Our research department is totally independent. Our trading departments have no say about this.” Over time, Mr. Murti was proved right again. Oil crossed $100 in February. Mr. Murti’s forecasts now feed into many of Goldman’s economic and corporate forecasts, affecting research of companies like Ford and Procter & Gamble. His research is distributed widely among investors. “Even if you disagree with their views, the problem is that Goldman does carry so much credibility,” said Nauman Barakat, senior vice president for global energy futures at Macquarie Futures USA. “There are a lot of traders who are going to buy based on their reports.” His sudden fame unsettles Mr. Murti. He rarely grants interviews, citing concerns about privacy, and he declined to be photographed for this article. He is not the bank’s only gas prognosticator: Jeffrey R. Currie predicts oil prices out of London. Mr. Murti, for his part, discounts suggestions that his reports affect market prices. “Whenever an analyst upgrades a stock or downgrades a stock, sometimes you get a reaction that day, but beyond a day, fundamentals win out,” he said. Mr. Murti falls into the camp of oil analysts who believe that supply is likely to remain tight because of geopolitical factors. These analysts predict higher prices because production is declining in non-OPEC countries like Britain, Norway and Mexico. The analysts who predict lower prices say there are supplies of oil that the bullish analysts are missing. “This year will be a year in which supply will be put into the market by stealth by OPEC and by countries we call black-hole countries,” said Edward L. Morse, chief energy economist at Lehman Brothers. China is one example, he said. But while oil and gas prices have been rising for a while now, Americans have only just begun to reduce gasoline consumption, so their efforts to conserve have not dragged down oil prices. “The fact that the U.S. gasoline demand can be down and that the U.S. gasoline consumer is no longer driving world oil prices is a monumental event,” Mr. Murti says. He spends most of his time talking to money managers and analysts, many of whom keep asking him if oil prices will stay high if speculators abandon the market, and says he applauds investors for driving up oil prices, since that will spur investment in alternative sources of energy. High prices, he says, “send a message to consumers that you should try your best to buy fuel-efficient cars or otherwise conserve on energy.” Washington should create tax incentives to encourage people to buy hybrid cars and develop more nuclear energy, he said. Of course, if lawmakers heed his advice, oil analysts like him might one day be a thing of the past. That’s fine with Mr. Murti. “The greatest thing in the world would be if in 15 years we no longer needed oil analysts,” he says.
Oil Prices Surge Ahead Of Driving Season May 9, 2008 (CBS/AP) Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Meanwhile, on the eve of the U.S. driving season, gas prices rose above an average $3.67 a gallon at the pump, following oil's recent path higher. On Friday, The Wall Street Journal published a report that suggested closer ties between Venezuelan President Hugo Chavez and rebels attempting to overthrow Colombia's government. Chavez has been linked to Colombian rebels previously, but the paper reported it had reviewed computer files indicating concrete offers by Venezuela's leader to arm guerillas. That appears to heighten the chances that the U.S. could impose sanctions on one of its biggest oil suppliers. "If we put on sanctions, I'm sure Chavez would threaten to cut off our oil supply," said Phil Flynn, an analyst at Alaron Trading Corp. "Obviously that would have a major impact on oil prices." Light, sweet crude for June delivery vaulted to a new record of $126.20 in morning trading on the New York Mercantile Exchange before retreating to trade up $1.09 at $124.78 a barrel. Even if Chavez cut oil shipments to the U.S., Venezuelan oil would still make its way to the U.S. via middle men, who would buy it from Venezuela and resell it to the U.S., Flynn said. But that new layer in the supply chain would bump up costs. Oil prices also were boosted Friday by the dollar, which declined against the euro. The European Central Bank said it was unlikely to consider interest rate cuts to cool the strong euro against the slumping dollar. Investors often buy commodities such as oil as a hedge against inflation when the greenback falls. A weaker dollar also makes oil less expensive to overseas investors. Many analysts believe the doubling in oil prices since this time last year has much to do with the dollar's protracted decline. Another school of thought thinks tight global supplies of oil, driven by growing demand in countries such as China, Brazil and India, is the primary factor driving oil higher. A prediction by analysts at Goldman Sachs seeing oil rising as high as $150 to $200 a barrel within two years also has boosted prices. Oil's surge is pushing retail gas prices higher. The national average price of a gallon of regular gas jumped 2.6 cents overnight to a record $3.671 a gallon according to a survey of stations by AAA and the Oil Price Information Service. The Energy Department expects prices to peak at a monthly average of $3.73 in June, though many analysts say national average prices could rise as high as $4. Consumers in many regions, including parts of California and Hawaii, are already paying that much. Meanwhile, big oil has launched a nationwide campaign to show it isn't "the bad guy" when it comes to high gas prices (listen), reports CBS Radio News correspondent Steve Kathan. Demand for diesel fuel is also growing worldwide, but supplies of distillates, which include diesel and heating oil, fell unexpectedly last week, the Energy Department said Wednesday. That's pushing U.S. diesel prices to record highs and inflating heating oil prices in the futures market; heating oil futures are often viewed as a proxy for diesel. Heating oil for June delivery rose 7 cents to $3.5798 on the Nymex after earlier setting a trading record of $3.6125. At truck stops, retail diesel prices rose 1.8 cents overnight to a record national average of $4.269 a gallon, Diesel is used to move most of the world's food, consumer and industrial goods via truck, ship and rail. Skyrocketing diesel prices are part of the reason food and consumer goods prices are so high. In other Nymex trading Friday, June gasoline futures rose 3.72 cents to $3.175 a gallon, and June natural gas futures rose 13.2 cents to $11.395 per 1,000 cubic feet. In London, June Brent crude futures rose $1.79 to $124.63 a barrel on the ICE Futures Exchange
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down along with their retirement savings in equity & stocks, while their taxes, gas, energy and food costs continued skyrocketing to uncharted realms and many continue to lose their homes and go hungry; as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
"biggest inequality since the Great Depression.""Not only are the rich getting richer, there are more of them, and those who are rich are getting incredibly rich, sort of a winner-takes-all," she said." The New Freedumb Motto: All for One, and That One for Itself ?
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down, while their taxes, gas and energy costs continued skyrocketing to uncharted realms, as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
Meet Mr. Moneybags Wall Streeter Takes Home $3 Billion Last Year, Enough to Cover Budgets of Six States By SCOTT MAYEROWITZ ABC NEWS Business Unit April 18, 2008— As Economy Slips, Yacht Sales Skyrocket Hedge fund manager John Paulson raked in an astonishing $3 billion last year, a payday that topped all others even in the rarified canyons of Wall Street. That's more than $1.4 million an hour, assuming a 40-hour workweek with no vacations -- though we expect he worked a lot more than that. Meanwhile, the average American worker made just $17.86 an hour in March, according to the government's Bureau of Labor Statistics. It would take 80,756 average Americans to make the same amount of money as Paulson did. Paulson, who profited with winning bets on securities tied to the mortgage mess, is a poster boy in a world where the gap between the rich and the poor continues to grow. The salaries of hedge fund managers like Paulson show just how lopsided the pay scales can be for some at the top. "They live on a whole different plane, almost a whole different economy," Diane C. Swonk, chief economist of Mesirow Financial, said of titans like Paulson. "There's sort of the ultra, ultra rich, then the rest of economy." The typical American family made just $48,201 in 2006, according to the U.S. Census Bureau. And that median figure includes many householders where there are two adults holding down jobs. Compare that with the 100 top hedge fund traders around the world, who brought in a combined $30.4 billion, according to trade publication Trader Monthly. Paulson, founder of Paulson & Co., was king of the hill last year, but there were certainly others who joined him at the top of the income stratosphere. Phil Falcone, of Harbinger Capital Partners, was estimated to have earned $1.5 billion to $2 billion in 2007, according to Trader Monthly. So did Jim Simons of Renaissance Technologies, Steve Cohen of SAC Capital Advisors and Ken Griffin of Citadel Investment Group. Swonk called it the "biggest inequality since the Great Depression." "Not only are the rich getting richer, there are more of them, and those who are rich are getting incredibly rich, sort of a winner-takes-all," she said. So given this wealth disparity, we decided to look at this incredible wealth to see what it could buy. Remember, the $3 billion that Paulson made was just in one year. We assume that even if he spent every last penny, he has some cash stashed away from prior years to pay for living expenses and to save for retirement. First, why not give some cash to charity? A spokesman for Paulson told ABC News that he keeps his charitable donations private. Paulson did, however, give $15 million, according to Business Week, to the Center for Responsible Lending, a group that is helping to provide legal aid to homeowners facing mortgage foreclosure. That's a little more than two hours work for the hedge-fund magnate. Okay, but what about the necessities? How about 16.3 billion eggs for one really, really big omelet? Or maybe 1.1 billion pounds of chocolate chip cookies? And if you are looking to wash down all that food, all that money could buy a staggering 793 million gallons of whole milk, according to price data from the Bureau of Labor Statistics. That's enough moo juice to fill 1,200 Olympic-sized swimming pools. And that's just one person's money. Let's say the top five hedge fund traders teamed up. They earned a combined $10 billion last year. That's enough money to cover all of the state budgets -- excluding federal dollars -- of Alabama, Montana, Nevada, New Hampshire, North Dakota and Vermont, according to data provided by the National Conference of State Legislatures. But let's face it, if you had that much money you might decide to have a little fun. How about a nice, new Mercedes-Benz S class car that costs about $90,000? With $3 billion, you could buy one for yourself and for 33,000 of your closest friends and still have some cash left over. Or you could buy 200,000 new models of the more modest Ford Focus. That would buy a car for every man, woman and child living in Winston-Salem, N.C. Of course there are plenty of other things to spend money on. But you probably get the point by now, so we'll leave you with this final one: the high-priced call girl that former New York Gov. Eliot Spitzer allegedly hired cost him $4,300 & and, of course, his job. If you took all $3 billion and spent it on hookers charging the same price & well let's just say you would never have to spend another night alone & for the next 1,910 years. But remember what The Beatles said: Money "Can't Buy Me Love."
Mild shock and disbelief barely registered in the nation of the most productive, overworked, underpaid, underinsured, vacation deprived, low paid slave/workers in the world, as they watched their bridges fall down, while their taxes, gas and energy costs continued skyrocketing to uncharted realms, as the masses stagnated in unmovable traffic, and government departments threatened to close due to lack of funds - On the bright side, the worldwide corporate 2% greedy guts, individually, had aplenty, more wealth than 30 nations combined, apiece.... irrelevant to who is paying for their errors (as in subprime loans). As common sense in science is lost with the continued stagnation of our energy base and deep troubling theoretical foundational issues in physics, so too, Civilization's Survival Parameters fly out of sight, out of mind, along with the values and morals inherent within new scientific understanding which new energy systems would reveal. Scientific Stagnation bodes an ill wind to evolution, sustainability, and survival as "cycles of humiliation, dumbing us down, violence, and Unrestrained Corporate Greed prompting resource wars with nuclear finality" join hands with global warming and ecological imbalance to precipitate the historical "rise and fall of civilization" - a Tsunami accelerating toward us with a far more spectacular event than the legends and myths of 'Atlantis and Lemuria"........ had more people known that Energy from Corn (or going backwards to a dimwitted concept of radioactive nuclear power application ) sounded a wee bit kindergartenish and senile for the twenty first century......the Future may have had a chance.
