Jason Rines (iThinkBig)

The Global Oil Scam: 50 Times Bigger than Madoff

I would count on it occurring. I would also count on the historical response of the people when they are told to eat cake. A government is never bigger than the people, not even a global one. Either the citizens can afford to live and willingly insert themselves into the supply chain or they don't. It is going to get very bloody soon.


On Nov 11 04:23 PM john s. gordon wrote:

> after reading the above concerning secret round-trip trading in offshore
> exchanges to maximize revenue for those who control the futures markets,
> it is easy to see the potential for abuse if cap & trade (CO2)
> legislation ever becomes law. it will make the enron scam look like
> chump change.

The Global Oil Scam: 50 Times Bigger than Madoff

Democracy has been working out as expected after 200 years. Every government system has a fatality sequence. Ready for education?

Despotism = 20 Years
Communism = 40 Years
Democracy = 200 Years

Democracy always becomes either Despotism or Communism after the 200 years. The reason the fatality sequence is much shorter for Despotism or Communism is because of the rate of theft of the people's wealth. The USA is Fascist and sliding into Communism which means the rate of theft will accelerate. How wishes to disagree with me on the rate of theft to the population over the last decade? Anybody whom wants to can come to my site, I love a great contrarian debate. But bring facts, not propaganda and prepare for me to smack you upside the head with logic and quantified data.

Also, why we are at it, offer a better government type and we will all be listening! Until then, please stop the propaganda comrade.

I recommend we evolve from Capitalism to Open Office government types which would increase the representation of the USA from 500 little comrades to 5,000 representatives we are supposed to have with a population of 300 M.

The Founding Fathers set the USA up for such to occur. Now with the Internet, the cost of buildings and centralized bureaucracy could go down to next to nothing. Politicians might enjoy being closer to home instead of hiding from angry constituents.

Check out Jake Towne's Open Office plank at TowneforCongress.com . He built his plank off of a spec I built two years ago. Either evolve or get crushed by the coming wave. Communism isn't the future buddy, it's the past.


On Nov 11 03:28 PM stockferret wrote:

> According to Adam Smith, in a free market each participant will try
> to maximize self-interest, and the interaction of market participants,
> leading to exchange of goods and services, enables each participant
> to be better of than when simply producing for himself/herself. He
> further said that in a free market, no regulation of any type would
> be needed to ensure that the mutually beneficial exchange of goods
> and services took place, since this "invisible hand" would guide
> market participants to trade in the most mutually beneficial manner.
>
>
> How is that working out for ya?

Time to Fill Up on the Strategic Petroleum Reserve

I am constantly amazed at the folly of certain kinds of thinking that pretend we can simply wave a wand and have natural gas cars buzzing around, solar and windfarms that can not only supply enough power for our country but absorb Co2 to boot but NOT include nuclear power. The country has the ability to offset petroleum greatly in the next decade but not replace it as a transporation fuel. Optimism is wonderful, but it does not replace realites.

As Russia Tests the Waters, Oil and Gas Showdown Looms

1) Tombstone is one of my favorite moves as is the WHO's 'don't get fooled again is one of my favorite songs.

2) Ah, geopolitics thrown into a lot of the comments. The prize of the international monetary peg is considered 'up for grabs'. This is the stuff of wars and higher oil and gas prices.

3) The hostile regimes, put Russia Iran and YES China into that camp see Israel as a strategic barrier to some of the GCC countries that supply us. This point should weigh in on your investment strategy in regard to energy. Let's not forget the US printing effect and the devaluation of the dollar ready to assume it's ugly march and in the short term.But I do disagree with Biden we'll see widescale hostilities in the Middle East in the short term. We might see what a practice run looks like but I suspect it will be 3-4 years at this point before you see hostile regimes make an all out move to remove Israel. And when they do, they'll wind up with the Sampson Option, a very bad thing for the globe and these nations underestimating Israel's desire to survive as a nation.

Cheap Crude: A Flash in the (Oil) Pan

Well put.

Rep. Kanjorski's Unreasonable, Unconscionably Ridiculous Idea

There is only a hand-full or politicians on the hill that actually understand that to reduce the cost of a good or service, a competing good or service must be developed.

Instead of bailing out investment banks, perhaps Washington can heavily subsidize energy creation using Treasuries. This would create a competing product, increase investment back into America and create millions of jobs. Eventually, exporting the raw materials would create trillions in wealth as lower energy costs allow for a ton more exporting of agriculture and metals. The Democrats are the fools of the hill. What have they done in the last two years? Investigate steroid use in baseball and craft 'we hate Bush' legislation. Great. Actually, the President has been the only one calling from the rooftops that we need energy independence but one man alone cannot legislate our government.