These folks are moving to create a unified currency and using currencies of Saudi Arabia (what friends….so loyal), Abu Dhabi, Kuwait (aren’t you glad we spent billions rescuing Kuwait from Iraq?) and Qatar. They are also planning to use the Japanese yen, Chinese yuan and the euro. The bottom line is our dollar is falling, international greed is prevailing and loyalty means a whole lot of bull rot.
Given the ongoing manipulation we have seen in the oil prices and the bold attempt to change international currency and
remove the U.S. dollarfrom the mainstream, it doesn’t take rocket science to realize we are in an economic pickle. Our addiction to spending and creation of out of control, spiraling debt is imploding our economy, dollar value and status in the world. It isn’t just everyone else’s fault and greed.
As it is now on the world scene, India and China continue to need, buy and demand more oil, not just the US. As the world increases its demand, some (not all by any means) of the oil reserves are peaking out, offering less and less to the world. To continue supplying our energy needs let alone the worlds, something has to give.
We can’t blame all our
pricing and oil troubles on the Middle East. 40% of our oil comes from ourselves while the other top 5 countries we import oil from are: Canada, Mexico, Saudi Arabia, Venezuela and Nigeria. On a smaller scale we also import oil from Angola, Iraq, Algeria, United Kingdom and Brazil.
How do we keep our oil and energy supply going at sane prices?
For the last 150 years oil has been the most important source of energy. To put it in perspective, oil has provided 40% of the World’s energy, coal 26%, natural gas 22%, hydro and nuclear 10% and an honorable mention of a 1% for wind and solar.
Most of what we use--n fact 70%--of our oil is used for transportation.
The Bottom line:
Oil, coal and natural gas make up most of the energy we use on a daily basis, yet these are precisely the industries our
President has promised to regulate, tax and micro manage to death. He has promised well before he was elected to bankrupt, lesson and destroy anything having to do with hydrocarbon fuels, the coal industry and oil.
Even with our dollar going down, our country finding itself in a major recession if not depression, and gas and energy prices going up, Obama threatens to practically destroy what energy we have.
Just recently he was quoted at the G20 meeting, “I will work with my colleagues at the G20 to phase out fossil fuel subsidies so that we can better address our climate challenge.” This was at a global-warming event there.
He made similar statements at the recent G20 in Pittsburgh. Obama and his global warming junk scientists have created quite the taxing scheme. There is enough media propaganda, manipulated PR by our Politicians and distorted science that bills are created like Cap and Trade to steal massive billions from the people with hopes of solving an international crises that doesn’t exist, one that they have created. Why does Obama have such passion about the energy and environmental issue? It sure ain’t about saving the plants, animals and earth. IT IS ONLY ABOUT CREATING A CRISES TO EMASE DICTATORIAL POWER AND CONTROL.
The truth is that 31,000 respected U.S. scientists have signed a
petition declaring global warming a complete hoax and based on fraudulent science. The petition states:
“We urge the United States government to reject the global warming agreement that was written in Kyoto, Japan in December, 1997, and any other similar proposals. The proposed limits on greenhouse gases would harm the environment, hinder the advance of science and technology, and damage the health and welfare of mankind.
“There is no convincing scientific evidence that human release of carbon dioxide, methane, or other greenhouse gases is causing or will, in the foreseeable future, cause catastrophic heating of the earth’s atmosphere and disruption of the Earth’s climate. Moreover, there is substantial scientific evidence that increases in atmospheric carbon dioxide produce many beneficial effects upon the natural plant and animal environments of the Earth.”
What is the sane response to our energy needs?
Dr. Art Robinson, head of Oregon Institute of Science and Medicine, has talked on my radio show many times about the unholy trinity - Taxation, litigation and regulation that puts a chronic stop to planning and creating new energy businesses. We should be drilling for new oil and opening up reserves in America. We have plenty of oil, but idiot regulation, suits and taxation keep that option away. The same insanity keeps the exploration and building of safe nuclear plants and energy away.
As it is with what we now know about nuclear power, we could have a nuclear power plant up and running in every state and safely create enough power to not only provide the majority of all our power needs BUT export power to the world bringing in hundreds of billions a year in revenue.
Oh no…..but Obama and the left are still talking about developing windmills and solar panels that funds historically less than 1% of any energy used in this country.
Here is a box of Kleenex. I realize you are bleeding to death and your leg and arm are cut off but just dab the Kleenex on the wound. Make sure you pay me for the box as well!
