oilsands

Wall Street Breakfast: Must-Know News

Buckoux, "when it serves Wash. DC or Wall St., it is just as dangerous as ..." right on. Glad to see so many who have not forgotten how we got into this crisis and crunch. The crunch will play out slowly as the dollars continues to sink and import prices rise. Decades ago Jamica woke up its population with a far reaching ban on imports. Brazil just stopped using oil.

Tinkering with our banking system ain't gonna do it.

FDIC: A New Concern for Bank Liquidity

Thanks for the update, good article.
Kirby, I appreciate your info, but after carefully rereading the article, I do not see how your comment invalidates or even seriously challanges what the author stated.

The Economic Impact of the G20 Ending Oil Subsidies

Thanks for a very interesting article. As usual jerrydd makes essential points. We have to end our addiction to oil. The ANWR will not make any difference. It has been used as a red herring by the last administration. We have unlimited free clean energy to harness. We already have the necessary technology. We can make changes to the way we do things.
There is no silver bullet; the success of our transition depends upon multiple sources. But continued dependence upon oil is poison. I received both oil and natural gas money, but the future of our country is way more important.
We must stop putting a millstone (incredible debt levels) around the necks of our grandchildren. Business as usual will turn this country into a second rate power and lead to a much lower standard living. The military can not save us from our own folly.
Disclosure: long oil and gas and royalties in both.

Housing Market Tracker - Will Thornburg Sink or Swim?

Judy, thanks for the summary, but I would really like to saee your own views on this extremely important situation.