Piggybank

Can Big Oil Balance Shareholder Interest Against National Interest?

It's quite a quarter past 12 in the old "mighty" USA. You have to be blind to not notice the sharp decline of the power and prestige of the USA on the world theater, especially as a former healthy economical powerhouse. Mounting trade deficit, falling dollar, shrinking capital reserve's, icons of american industry dropping like flies, Hostile takeovers from country's like my motherland Belgium, tiny arab oilstates bathing in dollars building excessivly high towers, and communist China almost able to simply buy youre free market. high millitary spending, and no good short term outlooks for conflict resolve or post war scenario's neither.

Bush leave's quite a legacy. The next president will have quite a task set before him. It seems to me that eventually the rate at wich the USA can addapt to new challenges for ex. in energy will eventually be very important and crucial for it's future. So there is quite some room for reflexion on what the faults are in the American economical and political system that led to this situation.

Sorry if i sounded very pessimist. I think what the USA needs is a new wave of dynamism, a fresh hausse that leads to growth and better economic effeciancy. It's just a matter of mindset and everyone knows it, and i guess most know what the next big thing will be too.