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Tag Archives: war

Bloomberg: How OPEC Weaponized the Price of Oil Against U.S. Drillers

Cheap gas feels good. It made for a more pleasant Christmas. But it should be remembered that many of the very best, highest paying jobs created since the onset of the great economic slowdown (in 2013 oilfield workers in North Dakota made on average over $112,000/year – many without a college degree) in the USA have been in the energy sector, and primarily in hydraulic fracking. Say what you want about the practice but it has been a (the?) key source of economic growth (such as it has been) for the United States over the last 4 years. Additionally, and this is not well known, fracking has (and the cheap natural gas which has come with the practice) pushed down USA carbon emissions markedly. As of October 2013 carbon emissions were at 1992 levels and dropping. Think about that. If one is concerned about global warming, and we know some of our readers are, that should be cause for celebration.

And before people start freaking I out, I have absolutely no horse in the fracking race. In fact there is a pipeline scheduled to go in just south of me transporting fracking product from West Virginia to the coast which I am not terribly keen on.

Saying this however the fracking revolution has been a huge benefit to the US economically and at least as important from a geopolitical perspective. We are now a net exporter of oil. We are the biggest producer in the world! 5 years ago people would have laughed at the idea that our reliance on foreign oil could be reduced so quickly, if at all.

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Ron Paul: “The poor grow in numbers as the middle class shrinks and the privileged class that benefits from government spending and government control of the monetary system thrives.”

By Ron Paul

If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state. If we do not recognize and resist this development, freedom and prosperity for all Americans will continue to deteriorate. All liberties in America today are under siege.

It didn’t happen overnight. It took many years of neglect for our liberties to be given away so casually for a promise of security from the politicians. The tragic part is that the more security was promised — physical and economic — the less liberty was protected.

With cradle-to-grave welfare protecting all citizens from any mistakes and a perpetual global war on terrorism, which a majority of Americans were convinced was absolutely necessary for our survival, our security and prosperity has been sacrificed.

It was all based on lies and ignorance. Many came to believe that their best interests were served by giving up a little freedom now and then to gain a better life.

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Why the Bad Guys Keep Winning

If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more important that the public understand that difference, and choose their news sources accordingly. – Thomas Sowell

Seriously, why? I know many of our readers have this question flash through their brains on occasion. How do the people we KNOW are not telling the truth, and that we KNOW are not acting in our best interests (while saying they do) keep getting away with it? How and why do we let them do it? Can anything be done?

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Afghanistan has cost taxpayers $1 trillion, 80% spent under Peace Prize winning president

I care about the 1 trillion dollars but I care about the human cost much more. What are we still doing in the West Virginia of Asia? (No offense to wild and wonderful West Virginia.) How many men and women are dead who didn’t need to die? How many children? Why is the opium/heroin crop bigger this year than ever before? Why are palaces being erected throughout Kabul with US taxpayer dollars? Why are bases being built by contractors only to be abandoned months later?  Why did the US military allow Al-Qaeda linked groups to bid for, and get contracts?

Lots of “whys.”

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The Pentagon’s Slush Fund (The military like it or not is BIG government, very big)

As I have said many times, I grew up a Navy brat. I have great respect for the military and its culture. The sound of an F-14 screeching as it comes in for a landing is deeply ingrained in my subconscious and in my heart. I am a Navy Football fan. But conservatives (at least modern conservatives and of course neoconservatives – who are not really conservatives) give the military far too much credit, literally.

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