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Follow the [European] Leader? Right Off the Fiscal Cliff....

This is the argument we will hear from the left moving forward—hope and change dwindled down to hopeless changes. Even though the government is too big to fail, you are not. You are expendable.

Reprinted from www.foundersintent.org

Last week, many pundits commented on the New York Times op-ed that vindicated Sarah Palin’s infamous “death panels” that drew scrutiny from Democrats and moderate Republicans during the ObamaCare debates of 2009.

See, Republicans boasted, she was right all along! Even the New York Times admits that there will be rationing. Yes, Steven Rattner did write in his op-ed that “unless we start allocating health care resources more prudently—rationing, by its proper name—the exploding cost of Medicare will swamp the federal budget.” Yes, Rattner did write that “elderly Americans are not entitled to every conceivable medical procedure or pharmaceutical.” And yes, he also stated that families that try every available treatment option to extend or improve the life of their elderly relatives are “an enormous societal cost that few other nations have been willing to bear.”

But what lies beneath his fatalistic tone, rivaling the grim appearance of the ghost of Christmas future with his grey index finger extended towards the grave, is Rattner’s abdication of American ingenuity. He admits in his column that Americans can hope for no better solution than any other country in the world has attempted within its health care system. We are not the first society to stumble down the rugged path of nationalized health care; instead, we are blindly following the lead of other ragged nations:

No one wants to lose an aging parent. And with price out of the equation, it’s natural for patients and their families to try every treatment, regardless of expense or efficacy. But that imposes an enormous societal cost that few other nations have been willing to bear. Many countries whose health care systems are regularly extolled — including Canada, Australia and New Zealand — have systems for rationing care.

Take Britain, which provides universal coverage with spending at proportionately almost half of American levels. Its National Institute for Health and Clinical Excellence uses a complex quality-adjusted life year system to put an explicit value (up to about $48,000 per year) on a treatment’s ability to extend life.

At the least, the Independent Payment Advisory Board should be allowed to offer changes in services and costs. We may shrink from such stomach-wrenching choices, but they are inescapable.

BRITAIN, REALLY?

Since when should we “take Britain,” for example, when tackling such Herculean challenges? Surely we did not “take Britain” when George Washington crossed the Delaware River. Surely we did not “take Britain” when Neil Armstrong, who once said, “I believe the good Lord gave us finite number of heartbeats and I’ll be damned if I’m going to use up mine running up and down a street,” became the first man to set foot on the moon. And we did not “take Britain” when Steve Jobs envisioned a phone that would weigh less than a roll of quarters, pinpoint your exact geographic location, list the top-rated restaurants within a three mile radius of your vehicle, all while carrying on a conversation.

But if you are a deconstructionist, you certainly would “take Britain.” If you believe American history is a story of woeful, harmful people with no significance, value or purpose, then finding a cure for an insolvent healthcare system which treats all patients equally while providing exceptional care is too large of a mountain to climb.

Only a deconstructionist believes the Independent Payment Advisory Board necessarily plays the part of savior and grim reaper, and, in Rattner’s view, should be allowed to offer changes to services and costs.

The best we can hope for is a board of 15 “advisors”— who can only be repealed with a three-fifths majority in both chambers during a seven-month window in the year 2017— prescribing end of life decisions to our trained, educated  neurosurgeons?  They should be allowed to limit or restrict health services to American citizens because searching for an alternative solution is hopeless?

HEADING FOR THE CLIFF

This, I believe, is the argument we will hear from the left moving forwardhope and change dwindled down to hopeless changes. Even though the government is too big to fail, you are not. You are expendable.

Let’s not forget that with the elderly population growing rapidly, even if cost increases for each beneficiary can be contained, Medicare would still claim a rising share of the American economy.

Medicare needs to take a cue from Willie Sutton, who reportedly said he robbed banks because that’s where the money was. The big money in Medicare is not to be found in Mr. Ryan’s competition or Mr. Obama’s innovation, but in reducing the cost of treating people in the last year of life, which consumes more than a quarter of the program’s budget.

Our President famously stated that he believes in American Exceptionalism, just as the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism (insert images of chaos and anarchy roaming the cobblestone streets of Athens).

I’m glad George Washington never subscribed to this monolithic image of America’s future— or we would know Britain’s universal healthcare system sixty-seven years intimately. But then again, we once had a President who believed that “someday, following the example of the United States of America, there will be a United States of Europe.”

Richard Head November 18, 2012 at 10:37 pm
"Spain's Unpleasant Choice: Accept Lower Wages and Still Higher Unemployment, Leave the Euro and Default"
Read more at http://globaleconomicanalysis.blogspot.com/2012/11/spains-unpleasant-choice-accept-lower.html#zo3LzWfKzkLDDP1U.99 " Real Estate Sales Collapse in Paris and Ile-de-France; New Home Starts Lowest Since 1998; VAT Hike to Make Matters Much Worse" http://globaleconomicanalysis.blogspot.com/2012/11/real-estate-sales-collapse-in-paris-and.html "European Industrial Production Plunges 2.3 Percent; Greece GDP Plunges 7.2 Percent" Read more at http://globaleconomicanalysis.blogspot.com/2012/11/european-industrial-production-plunges.html#FFRCKmf31UriUVBI.99 "Millions of Europeans joined together in general strikes and demonstrations on Wednesday to protest the strict austerity measures undertaken by their countries. In Portugal and Spain, hard hit by the debt crisis, locals conducted a 24-hour general strike that largely paralyzed public infrastructure, suspending train service and grounding hundreds of flights, in addition to shutting down factories." http://www.spiegel.de/international/europe/anti-austerity-protests-spark-violence-in-european-countries-a-867316.html Tell us again about that Superior European system and how much longer it will exist...
Richard Head November 18, 2012 at 10:45 pm
"Fatih Birol, chief economist at the International Energy Agency, the western countries’ oil watchdog, says Europe spent €32bn to import oil in March. This month, the bill is on track to be €27bn. In the US, oil imports cost $33.5bn in March, and will be $27.5bn in June, he says. Emerging economies, particularly China, Indonesia and India, should see fiscal burdens fall as lower subsidies are required.
Fresh oil supplies from Saudi Arabia, as well as North America, are only one reason why prices have declined. Lower prices are also a symptom of weakening economic growth. “Yes, prices have come down, but they have come down precisely because economies are not doing well,” says Lutz Kilian, economist at the University of Michigan. “The question of what the oil price is doing to the economy is really ill-posed, because it’s actually the economy that’s doing something to the oil price.” http://newsoninvest.com/?p=7737 Once again: “The question of what the oil price is doing to the economy is really ill-posed, because it’s actually the economy that’s doing something to the oil price.”
Fred van der Wal November 18, 2012 at 10:57 pm
I'm sure Europe will continue without death will stalking the land.Actually that happened when there was no healthcare....Peace out guys enjoy the evening
Richard Head November 18, 2012 at 11:02 pm
Concerning Millions in Europe Striking to protest Austerity...
"This is what happens when after decades of socialism, the money to pay for the freebies finally runs out. To be sure, this is a bit too simplistic. We are inclined to sympathize with the demonstrators for the following reason: instead of liquidating unsound credit and letting a few over-extended banks and their bondholders bite the dust, the eurocrats have decided to spread the joys of bankruptcy around and let their populations pay the bill. In most cases the poorest members of society have been hit the hardest. Most of the people thronging the streets don't fully understand what has happened. They don't realize that the deadly combination of a cradle-to-grave welfare state with a centrally planned fractionally reserved banking system has produced a terminal boom and that there is simply no painless way out of the situation anymore. There never was. An enormous amount of wealth has been squandered and consumed during the boom. Radical pro free market economic reform is called for, but this is apparently neither recognized, nor does anyone have the guts to implement it. And so the European Chinese water torture version of 'austerity', which includes only a shrinking private sector, but not a shrinking government, continues without offering any light at the end of the tunnel to the people living in the periphery." http://www.zerohedge.com/news/2012-11-16/guest-post-europe-grip-anti-austerity-protests
Richard Head November 18, 2012 at 11:08 pm
"Spain Declares 2-Year Moratorium on Evictions Following Suicides; Policy Will Blow Up Spectacularly"
Read more at http://globaleconomicanalysis.blogspot.com/2012/11/spain-declares-2-year-moratorium-on.html#EU3IJrD1rZxuTFwu.99
WPN1488 November 19, 2012 at 12:44 am
I some ways I think Europe may be at turning point. The lethal mixture of economic turmoil and an incursion by immigrants is beginning to break the liberals hold on mainstream politics and the media, and their censorship and intimidation of those who reject their dream of a multicultural society. One needs to look no further that the Norwegian killer, Anders Breivik; one example of the consequences of liberal suppression of the interests and natural instincts of human beings. I think Europe is starting to wake up; hopefully the Conservatives over there can stop the destruction brought on by the liberals.
Fred van der Wal November 19, 2012 at 01:26 am
A couple things, the links earlier on posted describes demonstrations of mostly South European countries who need to tighten their belts fair enough. However is Europe on the brink of a change as WPN1488 hoped for. You just have to see at French who only a few months ago gained a most left orientated government. Many of these demonstrations there are about how money is divided among it's citizens and the Conservatives always end up on the loosing end.
When you look ad most countries political parties it's obvious not the same as here. Instead of a Republican and Democrat society, Europe's political is more splintered and diverse...A single conservative party is often too small to form a government needs to find common ground with the more left. And visa verse the same. Some governments exist out of several different parties with slightly different interests. Something to keep in mind as well is that the most Conservative political party is still more left then here in the USA. Politics always chance and that's part of democratically processes, same here as there. And you guys have to at least agree with this, that politics has become more global. American politics effects Europe and America very well needs Europe's support to sustain it's foothold in the world. But maybe we wondering to far from the original topic from Edward Willing here.
Richard Head November 19, 2012 at 03:17 pm
"A couple things, the links earlier on posted describes demonstrations of mostly South European countries who need to tighten their belts fair enough."
It is the Southern countries, that are 100% dependent upon oil imports, that have borrowed from the Northern Countries, like France and Germany. The problem is that they are heavily in debt, and cannot pay that debt back without generating a return on that borrowed money - and the only way they can generate a return is if the oil they import is used to create products which they can export to return a profit above and beyond the cost of all inputs, including the oil. They are not doing this - nor can they. Remember, the Crude Oil trade is done in dollars - Euros' are swapped for dollars, and crude bought. Also - Europe pays Brent Crude Oil prices, NOT WTI. Brent is currently: $111.22/bbl. http://www.barchart.com/commodityfutures/Energies NOW, the Germans and French, by making loans to the Southern Countries did a brisk business of exporting products to them because they were flush with the borrowed money to purchase them. However, buying and selling goods doesn't pay back the debt, and the Elephant in the room was the outflow of Euros for Dollars for Crude Oil to keep their 21st. C industrial infrastructure running. NOW - the debts are so big that no amount of borrowing can service the debt and pay for crude. That is a DILEMMA, because industrial civilization collapses without crude oil.
Richard Head November 19, 2012 at 03:28 pm
Eurozone crisis: if Greece goes, Germany's prosperity goes with it
"If the eurozone were to shrink, Germany's once-captive markets would become too poor to import: and the rapid appreciation of a stronger euro would make its exports much pricier." There is no palatable outcome. They can only kick the can farther down the road until they can't. It's a nightmare for the Southern Countries - because who would take Lira, Pesetas, or Drachma for crude? No Crude Oil = no 21st. C industrial civilization. IF Germany and France leave the Euro - the Euro drops in value and can't buy enough crude for the remaining countries to exist within a 21st. C industrial civilization.? "Germany last week found itself able to borrow for two years at the astonishingly low rate of 0.07%. Very nice too: but surely the real message Angela Merkel and her colleagues must take from the successful auction of those zero-coupon schatz bunds is that the single currency simply isn't working. All the money wants to flow in one direction: towards Germany. It is only the efforts of the European Central Bank, as a giant recycler of liquidity to dry areas of the eurozone banking system, that is ensuring a stability of sorts. This position can't be sustained." http://www.guardian.co.uk/business/2012/may/27/eurozone-greece-germany-prosperity
Richard Head November 19, 2012 at 03:48 pm
"The lethal mixture of economic turmoil and an incursion by immigrants is beginning to break the liberals hold on mainstream politics and the media, and their censorship and intimidation of those who reject their dream of a multicultural society."
"In austerity-ravaged Greece, neo-Nazi party Golden Dawn is on the rise. Their MPs give fascist salutes, while on the streets black-shirted vigilantes beat up immigrants. And some of their most enthusiastic supporters are in the police. You can hear it from blocks away: the deafening beat of Pogrom, Golden Dawn's favourite band, blasting out of huge speakers by a makeshift stage. "Rock for the fatherland, this is our music, we don't want parasites and foreigners on our land…" It's a warm October evening and children on bicycles are riding up and down among the young men with crew cuts, the sleeves of their black T-shirts tight over pumped-up biceps, strolling with the stiff swagger of the muscle-bound. They look relaxed, off-duty. Two of them slap a handshake: "Hey, fascist! How's it going?" Trestle tables are stacked with Golden Dawn merchandise: black T-shirts bearing the party's name in Greek, Chrysi Avgi, the sigma shaped like the S on SS armbands; mugs with the party symbol, a Greek meander drawn to resemble a swastika; Greek flags and black lanyards, lighters and baseball caps." http://www.guardian.co.uk/world/2012/oct/26/golden-dawn-greece-far-right
Richard Head November 19, 2012 at 03:53 pm
"The True Finns finished just behind the conservative NCP and the Social Democrats on around 19%.
While the Social Democrats have called for changes on EU bail-outs, including the planned Portuguese rescue, True Finns opposes the plans altogether. A hostile Finnish government could theoretically veto the package. Unlike other eurozone countries, Finland's parliament can vote on whether to approve the measures. Correspondents say the increased sway of Euro-sceptics in Finland's parliament could hold up any further bail-out deals. As the biggest party, the NCP is tipped to lead the next government with former Finance Minister Jyrki Katainen likely to become prime minister of whatever coalition emerges, replacing Mari Kiviniemi of the Centre Party. " http://www.bbc.co.uk/news/world-europe-13107620 But does it matter? Portugal, Italy, Ireland, Greece and Spain are all dependent upon Crude Oil imports - and they cannot afford to service their debt AND pay for crude, bailouts or not.
Richard Head November 19, 2012 at 03:55 pm
MEP and UKIP leader Nigel Farage on Wednesday delivered another major tirade against EU President Herman van Rompuy and, along the way, severely insulted Belgium and Greece during a plenary debate in the European Parliament. Farage said Van Rompuy has the "charisma of a damp rag" and the appearance of a "low-grade bank clark."
http://www.youtube.com/watch?v=bypLwI5AQvY
Fred van der Wal November 19, 2012 at 05:30 pm
All these quotes and links are British related media sources.It has been well documentation that Britain was from the beginning anti Euro and preferred not to be part.We find them still unwilling to contribute to the unity of Europe.Yet we find them raise hell when it has negative effect on England.Much of British media is based on that rhetoric and ignored.
Fred van der Wal November 19, 2012 at 05:31 pm
Greece..and you might as well include some other Southern based nations:
-There is also a lot of anger towards the Greeks in the other EU countries: for some years Greece seems to have covered up its bad economic performance by officially presenting better economic figures than was the case. The promise of the Greek government to reduce Greece’s budget deficit from 12.7% of GDP in 2009 to 2.8% in 2012, is being met with scepticism. Many doubt whether the government in Athens will be strong enough to resist the domestic pressure from the powerful trade unions against the radical deficit-cutting efforts which are needed, while others doubt that the Greeks will refrain from manipulating the economic data again. Unwillingness to help the Greeks is huge within a eurozone currently facing an unemployment rate of 10% of the workforce, the highest figure since the single currency was introduced eleven years ago. Under EU rules, however, all the 27 member states of the EU, not just the 16 member states of the eurozone, are obliged to help the Greeks if the EU decides to bail them out. Article 122 of the EU Treaty, which went into force last December, states: “Where a member state is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the council of ministers, on a proposal from the European Commission, may grant, under certain conditions, Union financial assistance.”
Fred van der Wal November 19, 2012 at 05:35 pm
With Greece facing bankruptcy, the fears about Greece’s financial situation has led to a drop in value for the euro. Last week, the finance ministers of Germany and the Netherlands – the two euro zone countries which in pre-euro days had the strongest currencies in the EU: the German mark and the Dutch guilder – announced that they will not help Greece solve its problems. Again this might as well relate for most of the Mediterranean sea location.
Richard Head November 19, 2012 at 05:43 pm
The article and video just popped up, so I don't have time, yet, to watch it, as I must go to work It, but it should prove very insightful to the anger in Greece.
"For [the elites] Greece is a guinea pig, to find out up to what point they can 'milk' [us]" is how one narrator describes the situation, adding that "they are refusing to see the reality [saying] it's not happening, it's not happening, it's not happening, everything is gonna be alright; Nothing is gonna be alright" as "loans enslave people." http://www.zerohedge.com/news/2012-11-19/greece-nothing-gonna-be-alright
Fred van der Wal November 19, 2012 at 05:47 pm
The problems of the euro affect the entire world. The EU currency was not introduced because of economic considerations, but because the European Union is pretending to be a genuine state and states are expected to have single national currencies. Hoping to become a powerful political force in its own right, the EU adopted the euro as the common currency of some 327 million Europeans, so that the currency’s economic power would prefigure the political power to be. The eurozone represents the second largest economy in the world. During the past decade, the euro became the second largest reserve currency after the U.S. dollar.So I'm not denying that a lot is riding on how Europe will proceed in the next years and how much of the Euro zone will remain.
Oil crises in Europe relates to a global oil crises,not only Europe will be effected by it but the USA as well. the answer to oil alternative is to be found in several other energy sources like solar energy, hydrogen storage, coal, carbon dioxide capture, synthetic fuels, the controversial ethanol and - last but high in priority list - nuclear power. If timely measures are not taken to defuse the oil crisis, the entire world will face increasing ideological pressures from Arab/Islamic oil-producing nations. Again as I said before the time of individual politics are coming soon to a end and a new dawn of global politics be on the rising.
Fred van der Wal November 19, 2012 at 05:57 pm
A bit on that, neo-Nazi party's like these Golden Dawn in Greece,it 's linked to Greece domestic problem how it deals with it's economics and it's seen as a Greek problem to resolve.And even though these neo- right wing groups pop up through out Europe it's again considered a domestic problem that needs to be dealt with by local agencies.
Europe as a whole condemns these groups and would not see a second rise of an neo nazi chapter in it's history.Strongest of all is still Germany who is would do everything they can to see it's own dark history become reality.
Richard Head November 20, 2012 at 02:51 pm
There are some that would say the Euro is Nazi Germany waging war by economics rather than by physical occupation. After all - ALL the money is flowing to Germany, and creating "Protectorates" out of the other Nations.
" You have not anchored Germany to a unified Europe...You have anchored Europe to a newly unified and dominant Germany! In the end my friends, you will find it will not work." Margaret Thatcher http://www.germanywatch.blogspot.co.uk/
Richard Head November 20, 2012 at 03:05 pm
"Yes, Rattner did write that “elderly Americans are not entitled to every conceivable medical procedure or pharmaceutical.” And yes, he also stated that families that try every available treatment option to extend or improve the life of their elderly relatives are “an enormous societal cost that few other nations have been willing to bear.”
And Europe cannot bear that cost, nor can America. The tremendous strides that have been made in medical advancements have brought increases in longevity without the same advancements in quality of life. To be born is to die. Economic decisions are a part of everyday life and a necessary requirement on a finite Planet with finite resources. Death is part of life, and the old going to the grave is a natural part of life. "Death panels" will be necessary. You can call them by whatever name you want, but those decisions will need to be made. I suggest that Euthanasia be legalized and that centers, perhaps similiar to that portrayed in Soylent Green be opened. The Planet is now at 7 billion people, all struggling for a piece of the pie. We find ourselves at post-peak oil, post peak capital, and straining the limits of resources and eco-systems. It is no longer a question that people will die for a lack of medical care due to any combination of the above - it's whether it will be managed or not.
Richard Head November 20, 2012 at 03:15 pm
"Again as I said before the time of individual politics are coming soon to a end and a new dawn of global politics be on the rising."
There is a plan for that, and I'm not opposed to it - however 6,500,000,000 must die first. That's the uncomfortable part. The message of the Georgia Guidestones 1. MAINTAIN HUMANITY UNDER 500,000,000 IN PERPETUAL BALANCE WITH NATURE 2. GUIDE REPRODUCTION WISELY - IMPROVING FITNESS AND DIVERSITY 3. UNITE HUMANITY WITH A LIVING NEW LANGUAGE 4. RULE PASSION - FAITH - TRADITION - AND ALL THINGS WITH TEMPERED REASON 5. PROTECT PEOPLE AND NATIONS WITH FAIR LAWS AND JUST COURTS 6. LET ALL NATIONS RULE INTERNALLY RESOLVING EXTERNAL DISPUTES IN A WORLD COURT 7. AVOID PETTY LAWS AND USELESS OFFICIALS 8. BALANCE PERSONAL RIGHTS WITH SOCIAL DUTIES 9. PRIZE TRUTH - BEAUTY - LOVE- SEEKING HARMONY WITH THE INFINITE 10. BE NOT A CANCER ON THE EARTH - LEAVE ROOM FOR NATURE - LEAVE ROOM FOR NATURE http://thegeorgiaguidestones.com/Message.htm
Fred van der Wal November 20, 2012 at 03:42 pm
Ok this is getting stranger per post enjoy your personal Euthanasia whenever it comes and this Georgia Guiderstones enjoy the doom and gloom in your little world.
Richard Head November 20, 2012 at 03:51 pm
No, it's reality setting in...
"About 150,000 immigrants living in Spain will lose their right to public health services on Saturday as the recession-hit country tries to save money. But doctors warn that excluding immigrants from the health system will have a wider impact on ordinary Spaniards' health." http://www.guardian.co.uk/world/2012/aug/31/immigrants-spain-lose-public-healthcare
Randy1949 November 20, 2012 at 04:03 pm
Seems to me that no American of any age is entitled to every conceivable medical procedure or pharmaceutical, and you're fine with that.
Interestingly,we had the 'death panel' discussion recently between my mother, her physician, and the family. It's simply a consultation about what the patient wishes in terms of the level of heroic care to be expended on them when the time comes. All the way from "keep me breathing on a ventilator" to hospice and a DNR. And Medicare paid for the appointment and the doctor's time. How awful is that?
Fred van der Wal November 20, 2012 at 04:06 pm
Those who experience,tell the true tales and these are just quotes of American expats:
- I hope nobody takes that as an insult. It's just that I still want the American Dream, but it's so hard to stay in the middle class there, anymore, compared with many other places of the world. It is no longer the land of opportunity, and that is a documented fact. Actually to be more specific, it was the American health care system that was so frustrating for me. It was the difficult access to health care, if you want to know the one biggest reason I don't want to move back. Not unless things get better. -I am living in Sweden and love it here. Everything you hear about socialized medicine is true, except the lines and waiting. very fine care, I usually see a doctor the day I call for an appointment, if not, the day after. I will not be spending more than 500usd for out of pocket expenses in any 12 month period. And is is soooo much fun watch American Politics from a distance. Just two of many examples of Americans living and woking overseas....and that is the real reality. Not the stories of some British back alley tabloid news.
Richard Head November 20, 2012 at 04:44 pm
Peak Oil changes everything - and the lies you read are in stark contrast to what your lying eyes see everyday. I will leave you with an interesting read....
"Oil shortages will lead to a collapse of the global economy, and the decline of globalized industrial civilization. Systemic collapse will evolve as a systemic crisis as the integrated infrastructure and economy of our global civilization breaks down. Most governments and societies – especially those that are developed and industrialized – will be unable to manage multiple simultaneous systemic crises. Consequently, systemic collapse will likely result in widespread confusion, fear, human security risks, and social break down. Economies worldwide are already unraveling and becoming insolvent as the global economic system can no longer support itself without cheap and abundant energy resources." http://content.csbs.utah.edu/~mli/Economics%207004/Morrigan_2010_Energy_CC4.pdf
Fred van der Wal November 20, 2012 at 07:04 pm
Oh I get it..the Mayan calendar doomsday prophecy,only a few weeks away,this all relates back to your maniac writings about global disasters all because of oil.
And what you think will God come to the rescue?..Only a few weeks back the pope told the world not to worry all will be fine,the world will not burn and no one will die because of it.
Craig November 20, 2012 at 07:17 pm
The Mayan calendar does not predict a doomsday, in fact there have been subsequent findings of additional calendars. In reality, it only predicts another 26,000 year cycle.
Richard Head is right- we have experienced peak oil. One must not confuse the term peak oil to mean we are running out of oil. The oil Nations have found a way to maximize profits, by limiting supply. We have technology to pump above peak oil, but there is less of a profit to do so. If the Us and Canada were to agree to pump the hell out of the earth for oil, maybe the Arab Nations would not cut production in order to continue the cash flow. Blame OPEC for Peak Oil.
Fred van der Wal November 20, 2012 at 07:38 pm
@Craig
- I totally agree that OPEC is enjoying and abusing it's monopoly. To drill for more oil round the USA might be more cheaper but there are alternative method's to that.
Craig November 20, 2012 at 07:59 pm
@Fred: There are alternatives, and when they become cost effective we will use them.
Until then all we can do is play hardball with the oil monopoly.

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Hi Anthony, The proposed WalMart site is on the southeast corner of 4 Mile and North Green BayRead More Road, just south of the Mosquito Inn.
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