70 buck a barrel oil matched by rising airfares...talk of rationing.

[jetflyer]

Danger,
Irony again: I was coming over here to post that article and you beat me to it. I was going to add one of my infamous LINKS

I have to make this post quick because I have to go to work shortly again.

I think that will like oil be the main reason for a rise, but also the future overdue decline of the dollar.

I happen to think overpopulation is also a problem, when it comes to the amount of natural resources we have on this planet.

6.5 Billion people is a lot of people.
China has about 1.3 billion?
China has more people UNDER 14 than the U.S. has total population

Just wait till those kids wanna drive cars. That will send the prices up more.

I personally think from peak oil we'll just see a series of recessions more than a depression.

Who knows though? It's going to depend on how quickly we can ramp up coal to oil really. That will be the immediate savior for us in the U.S. We're just starting our first plant and it will take 2 years. We need to be starting 100 of em or more. I guess the price of oil has to go to $200.00 per barrel before people realize the price of oil isn't going back to $40.00. Oh well.

China's Hu is meeting Bush in a couple days and I bet oil will be one of the biggest discussions as well as Iran.

China and Russia back Iran. So does Venezuela. Not good when we are going to rely on Venezuela for oil in the future and Russia for natural gas.

We can't invade and take em all over!! Or can we

We need to learn to work with China to make them more energy conservative as well as us. Plus we need to jointly work together to move to other alternatives.

War with China over natural resources wouldn't be fun and that is my future biggest worry.

Take care,
Jet

 

[jetflyer]

Hey I have to add one link. I don't feel complete leaving to work without adding this.

Read this about the cooked books on inflation by the government and a case for Hyperinflation like what happened to Germany after WWI happening to the U.S.

http://www.financialsense.com/stormwatch/2005/0624.html

This is from the article written by Jim Puplava:

TEN REASONS FOR HYPERINFLATION

1. Global oil production will peak between 2005-2008. Economic growth ceases to exist as global economies and markets are thrown into chaos and turmoil.
2. [FONT=arial,helvetica,verdana]The War on Terror escalates into a resource war over oil pitting the great powers the US, China, and Russia in a replay of “The Great Game.”

1. [FONT=arial,helvetica,verdana]Debt creation and monetization hyperinflates as the government’s deficit spirals out of control with a war and a depression.[/FONT]
2. [FONT=arial,helvetica,verdana]Foreigners begin to bail out of the dollar setting off a dollar crash.[/FONT]
3. [FONT=arial,helvetica,verdana]The US puts in place capital controls to corral US and domestic money. The War on Terror will be given as the reason.[/FONT]
4. [FONT=arial,helvetica,verdana]The government takes over GSEs owning most American mortgages.[/FONT]
5. [FONT=arial,helvetica,verdana]A national mortgage bailout bill is passed lengthening mortgage payments in an effort to forestall debt defaults. A new restructuring agency will be set up to repurchase impaired mortgages from the banking system and renegotiate terms of the debt to avoid default. The 100-year mortgage is born.[/FONT]
6. [FONT=arial,helvetica,verdana]A national retirement security act is passed forcing private pensions to buy long-dated zero-coupon government bonds that will be inflated away. The reason given will be for plan protection against bear markets.[/FONT]
7. [FONT=arial,helvetica,verdana]As the US economy goes into a hyperinflationary depression the rest of the world’s economies follow suit. Money printing on a grand scale occurs in western and Asian economies as governments wrestle and try to satisfy the demands of a social welfare state and an angry, aging populace.[/FONT]
8. [FONT=arial,helvetica,verdana]As governments hyperinflate and debase their currencies, gold will take on its true role as money rising in value against all currencies. The world will move towards a global currency backed by gold.[/FONT]

1. ~

His solution to save your money: Precious metals and commodities...

Take care,
Jet[/FONT]

 

[mcjohn]

This thread wins the award for making me feel completey f--king retarded. I need to go get a graduate degree just hang with you guys!

 

[FN FAL]

The bottom line is that I am a car lover and refuse to give up my V-8 engines so that I can putz around in a Toyota Prius.

You can putz around in your v-8, just don't make the whambalance sound at the gas pump at fill up time.

 

[CrimsonEclipse]

Funny that the word "Putz" keeps coming up.

Coincidence?

CE

 

[atpcliff]

Hi!

I just had a brilliant idea how the federal gov't can save money.

Let's invade Iran. Obviously, we'll need a lot of extra fuel, what with all our global commitmants, plus the extra fuel we already use in Iraq and Afghanistan.

Where can we get the extra fuel?

Iran, of course, since they are the #2 producer. Since we'll be buying a lot of us, I'm sure we can negotiate a deal for a great bulk rate. We'll save a bundle on the invasion!

Cliff
HSV

 

[FN FAL]

I just had a brilliant idea how the federal gov't can save money.

What is the federal government saving up money for? For when we sue them to pay us back for the cost of the War on Drugs?

 

[CrimsonEclipse]

If you want the Gov't to have extra $ :

1. Make marajuana legal (under gov't supervision)
2. Tax the hell out of it.
3. National debit eliminated in 3....2....1....now

Boulder, CO alone will pay for the war on drugs, terrorism in about 3 weeks!

Right wingers will support it 'cause it taxes hippies.
Hippies will support it 'cause they can have a 'real' job.
Hostess Co. stock will increase by 1000%

CE

(just sayin')

 

[Dangerkitty]

If you want the Gov't to have extra $ :

1. Make marajuana legal (under gov't supervision)
2. Tax the hell out of it.
3. National debit eliminated in 3....2....1....now

Boulder, CO alone will pay for the war on drugs, terrorism in about 3 weeks!

Right wingers will support it 'cause it taxes hippies.
Hippies will support it 'cause they can have a 'real' job.
Hostess Co. stock will increase by 1000%

CE

(just sayin')

That's one of the funniest posts I have ever read on Flightinfo.

 

[mcjohn]

Boulder, CO my ass! You havn't been to Asheville have you? You can't get elected as mayor here unless you love pot and hippies! Last mayor was an outspoken lesbian hippie. Serious.