dukeb

Thursday Outlook: Crude Awakening

Conservation is a lie. Anybody remember all those summers in the 70s when we couldn't water our lawns, wash our cars, etc.? We had to conserve water! But what's happened in those same areas since? Development. Massive development. Any savings of resources via conservation gets exploited by increased development. If you want to really help humanity and planet earth -- counter-intuitive though it may be -- waste as much food, water, electricity, etc., as possible. It will all get used anyway, but if you use it yourself, it will help prevent additional development due to "excess capacity".

Thursday Outlook: Crude Awakening

That's not a rant as much as an acknowledgment of a reality we'd rather not believe day-to-day. Politicians are elected lobbyists serving corporate interests, and the corporations have become virtual nations unto themselves, serving themselves. Their insiders profit under any circumstance by exploiting, plundering and pitting against each other those economic/demographic zones once regarded as autonomous countries. (There's no such thing as an "American corporation" anymore...what happened to Haliburton?) We are entering a period of global capitalism without any real competition to the system itself, and capitalism without competition (or enlightened regulation) is just like a capitalist without competition--never a good thing. But who would even regulate it if it's globalized?

And that's why I used to be for globalization until I was against it.

Friday Outlook: Crisis Half Over?

Mr. Fry:

Especially when compared to wading through the usual pools of market opinion puke, scrolling through your chart & blurb format is a treat. (Enlightening and often amusing, too.) Your posts have been my morning's first read for quite some time, and of late, the only reason why I return to Seeking Alpha.

Thanks for sharing your unique perspective.