Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1307241 Comments:2390
Peak Oil is not being recognized for what it is.....;}
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In the general experience of humankind, there is little new here except insofar as America is in many ways a historically unique nation. Certainly for Americans this nation's failure is indeed new, and it has obviously been very hard for them to swallow. Speaking for myself, having grown up in the 1950's and 60's, I can say that nothing in my personal experience prepared me for the sort of America we have in 2012.
Being a historically unique nation, and the greatest military power the world has ever seen, America will no doubt (ultimately) fail uniquely and spectacularly.
The interesting questions now are when does all this end? How does it end? If we accept the premise that no meaningful change is possible, a premise which is supported by countless observations of what actually happens in America—nothing—we are forced to conclude that, sooner or later, America's story ends in tears for most of its citizens. On the other hand, America's manifest failure can probably go on for many years in its current form.
Beyond this point I don't want to go today. What I've said is already depressing enough."
"Today’s massive Taliban truck-bomb explosion at a military base in Paktia province appears to have been only the latest such attack. "The new explosive is so destructive and powerful that the leadership council has been advised to prevent civilian casualties by
ordering the evacuation of all homes within 15 kilometers (roughly 10 miles) of U.S. and NATO bases," says a well-placed source in the Taliban’s military council for southern Afghanistan...
Note Not a Word on the Afghans lately.....nothing....sites are being jammed.
" the "liquid asset poor" With no cash reserves, they are just one paycheck away from financial ruin should an emergency or a job loss happen because they cannot easily access cash on a moment’s notice. Sadly, the CreditDonkey.com survey also found that more than half of respondents (54%) said they may be stuck in this situation for the foreseeable future. They have not set up an emergency cash savings strategy."
Interest earnings on cash savings is basically zero.
Which means cash is basically infinitely valuable....;}
" The treaty, as it turned out, was surprisingly generous. No one had to admit fault or pay reparations; the United States simply had to accept the status quo in East Africa and assign its rights over Diego Garcia—which was owned by Great Britain anyway—to the Peoples Republic of China. Since the United States had no effective way to contest either demand, there was clearly no point in quibbling. The treaty was signed at the beginning of October, and ratified by a glum Congress three days later. "
