VIDEO ON MSN MONEY
So while the Rest of the World is using Cheap Fiat Dollars to prepare for the end of Fossil Fuels, America is now almost going in the opposite direction. Wages are going down, education is going down, the environment is going to hell, the next thing to face reversal, lifespans. Hard to prepare for the New Future when so many folks are stuck in the PAST.
What a fat crock of sh**. None of the 'energy revolution' technologies mentioned here are sustainable, feasible long term, or can even approach replacing CHEAP oil. Sure there may be oil left in the ground, but it is very expensive to obtain, the wells deplete very rapidly and you can forget about ever having the CHEAP oil again that our twisted form of capitalism requires. ALL alternative energies taken together working at peak efficiency (which they do not and will not) cannot replace cheap oil. AND they are ALL based on a cheap fossil fuel platform.
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[BRIEFING.COM] The major averages ended the midweek session on a flat note after spending the day inside narrow ranges. The S&P 500 hovered near the 2,000 mark for the majority of the trading day, but slumped to new lows during the last hour of action. The index then returned to its flat line, where it settled for the day. For the third day in a row, participation left a lot to be desired with just 487 million shares changing hands at the NYSE.
Equity indices opened with slim gains, ... More
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