Quote:
Originally Posted by 3SoldierDad
Money makes people move - changes their habits, modifies their priorities. When our wallets get spanked hard enough, we finally decide it's time for a new look on life.
Wind, Solar, Nuclear, Oil Shale in the Rockies, Oil Sands in Canada, Alaska Oil, New Coal Technologies, Electric Cars....Everything starts looking good and doable.
We may look back in ten years at $150 / barrel oil and understand it's the best thing that ever happened to us.
Pain is good.
I could argue the other side, but right now I feel like looking on the bright side. The dark side I may share a little later. If you're at your computer and you've got a few minutes check out Thomas Freidman's article "Imbalances of Power" in the New York Times today. He makes an interesting point on the humongous windfall the Saudis are getting with all this oil - With oil at $200/ barrel prices, when they decide to go shopping (and they WILL go shopping), they'll be able to buy any big ticket American assets that they so choose - one month of their oil production can buy Bank of America, Apple Computer in a week, GM in 3 days - That's kind of scary. Okay, no darkness now.
More than any nation on earth, besides perhaps Israel, America HATES pain and takes action to change things.
Pain hurts, but pain is good....Pain makes things happen.
Three Soldier Dad...Chuck
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For all our sakes I hope you're right. At least I have
real hope in my country, its citizens, and the men and women who defend her. For all of our current "pain" it is nothing compared to other events in history.
Somewhat off topic, but sometimes I wonder what all this hope s*** from Obama really means or is about... Anyone?