Curmudgeonly & Skeptical�

Curmudgeonly & Skeptical�: "Family of Irving 'Bud' Feldkamp,
Dies in Montana Plane Crash
Owner of the Nation's Largest Privately Owned Abortion Chain,"

The Oil Drum | The Next Five Years: Peak Lite and the Current Oil Picture

The Oil Drum | The Next Five Years: Peak Lite and the Current Oil Picture: "Conclusions

While the oil industry is historically cyclical"

Conclusions

While the oil industry is historically cyclical, I believe we are approaching the point at which the industry will no longer be able to build out enough new projects to stay ahead of demand. This could manifest itself as peak oil, in which case the rate of depletion permanently overtakes the rate at which new production comes online. Or it could first manifest as peak lite, in which case new production still stays somewhat ahead of depletion, but can't keep up with new demand. In either of these situations, I think the historical cyclicality of the oil industry will disappear. In early 2008 I thought we had reached that point, but it appears that we had at least one more cycle ahead.

While it is too early to tell with a high level of confidence just where we are on the depletion curve, the summer of 2008 provided of taste of life in an oil-constrained world. The current level of underinvestment and the prospect of higher taxes are setting up another situation in which spare capacity erodes, leading to higher oil prices and greater volatility. Add to this the prospect of a global oil production peak, and I have trouble seeing a case where oil prices will remain stable in the coming years.

As an investor, I use blue chip oil stocks as a defensive measure against much higher prices. I am not one who subscribes to the idea that oil companies are going to be put out of business by running out of oil, or by ethanol, algal biodiesel, or any other combination of alternative fuel technologies. In fact, I strongly believe that if an alternative technology begins to look attractive enough, oil companies have deep enough pockets to shift their business in that direction. But I think that's unlikely to happen any time soon.

As a consumer, it would probably pay to evaluate just how much higher prices might impact your budget - and then take action. Can you sustain oil prices that return to $150/bbl or more? Even if you can, do you want that uncertainty hanging over your budget? If not, then it would be prudent to take steps to minimize the personal impact of high oil prices. Steps to consider include utilizing more fuel efficient transportation, public transportation, ride-sharing, and if possible locating closer to your place of employment.

Plan ahead and don't get caught off-guard like so many did last summer. It is only a matter of time before history repeats itself. Here's hoping our political leaders make policy decisions that won't worsen the impact.

Chicago Boyz � Blog Archive � Environmentalism and Reality

Chicago Boyz � Blog Archive � Environmentalism and Reality:
Pittsburg
"sol vason Says:
March 25th, 2009 at 6:19 am

When I moved to pittsburgh, pa in 1970 the polution index ranged from a low of 100 to a high of 300. Environmentalists took no pride in these numbers. The closed down the steel mills and all the other smokestack businesses. Drove them overseas to India and China, I suppose. By 1980 our air was clean and there weas massive unemployment. Many Pittsburgers left town. During that time I could hire PhDs for $7.00/hour. People with 30 years on-the-job experience for $6.00.

Soon other industries left town. Pittsburgh used to be the #3 city in the US in terms of corporate headquarters. Today it is not in the top 300. Even the Mellons and Heinzs sold out and left town.

But now Pittsburgh has clean air. And because so many people have left, very high property taxes. And laws that keeep new imndustries out. Today our graduates all leave town to find new jobs. Except the dumb ones.

Obama says he is going to pass laws to eliminate the cycle of boom and bust. Because no one can gaurantee permanent boom this means we will have permanet bust."

Chicago Boyz � Blog Archive � Environmentalism and Reality

Chicago Boyz � Blog Archive � Environmentalism and Reality

From time to time if I am stuck conversing with a die-hard environmentalist, I will ask them what they think the WORST thing that has happened with regards to the environment is, in their opinion. I usually don’t listen to their reply to closely and then tell them what they OUGHT to be saying

The Fall of Communism and End of Socialism

Under Communism prior to Deng Xiaoping, mainland China was a starving wasteland with few consumer goods, frequent famines, and millions living in caves (no joke). After Deng unleashed his reforms in the countryside, which migrated to the cities, the Chinese government removed the boot of this failed dogma and unleashed a nation of hard charging entrepreneurs and traders. For years the overseas Chinese were some of the most successful business people in Asia - now they were free to raise the standards of living of their own people.

Power plants were built - millions of homes didn’t even have heat - and the country roared to life. New cities were built, highways, ports and railways crossed the country, and now China is the manufacturer for a huge variety of what you have in your house today.

And what did the Chinese consumer want? They wanted what YOU have - a car (bicycles went by the wayside as soon as they had the money), a nice flat, overseas travel, air conditioning and heat in the winter, electricity to power their myriad consumer devices and appliances, and food of all types (especially meat products). An explosion of manufacturing and consumption erupted throughout the country which hasn’t abated (may be slowing a bit now due to the recession).

While Chinese Communism was abandoning Marxist economic principles (but keeping the dictatorship of the state, a core theme), India was abandoning its inward-focused socialism. In the 80’s India began some tentative reforms which also brought the economy to life, as Indians’ overseas were also known as prosperous businesspeople, like the overseas Chinese. Like the Chinese - the Indians wanted what Western consumers had - cosmetics, cars, clothes, air conditioning, power for appliances, more types of food, and all the rest. While their economy was still tied to a democracy (and thus couldn’t run over the rights of everyone in pursuit of development) they focused more on services and managed an incredible run of growth which led to Mumbai being one of the most expensive cities in the entire world to live in.

Don’t forget Brazil - Brazil also moved away from many socialist principles and the economy started to grow to keep up with its burgeoning population, who also want many of the comforts that we take for granted in the West.

China, India and Brazil represent a giant mass of humanity, the most populous countries in their respective continents, all of whom featured BILLIONS of consumers “voting with their feet” (through their actions, since they didn’t really leave) and showing that what they wanted wasn’t a simple, spartan zero-footprint life but in fact the cars, power, air conditioning, and higher end food (meats and not simple grains) that are bemoaned in the West.

IF ONLY - I tell the environmentalist - that you would have allied yourself with Socialism and Communism, two ideologies that made some of the most ambitious and entrepreneurial people in the world poor and impoverished - you would have been able to keep those countries “down”, with few cars (except for the elite) and a tiny infrastructure which is tied to limited consumption.

I remember when East Germany fell - and saw a brief interview with an East German intellectual - saying that he wished for a “third way”, other than the capitalism of the West when the wall fell - but that never happened.

Another opportunity lost for the environmentalist… after all barbed wire, guard towers, and shoot-to-kill orders are a small price to pay for the absence of cars and carbon, right?

A completely bankrupt ideology, which has been blasted to oblivion in the developed world. Their moment, like that of the East German intellectual - never comes when people are given a chance to live their lives fully.

2009 March 25 � Count Us Out

2009 March 25 � Count Us Out

Obama's Selective Service Certification

Brutally Honest: What is that?

Brutally Honest: What is that?

a sparrow

Conversion Diary: Could I have stopped the war? - The diary of a former atheist

Conversion Diary: Could I have stopped the war? - The diary of a former atheist:
"'If you are what you should be,
you will set your whole world on fire.'
~ St. Catherine of Siena"


Dedication for Seven Storey Mountain
"I seek to speak to you, in some way, as your own self. Who can tell what this may mean? I myself do not know, but if you listen, things will be said that are perhaps not written in this book. And this will be due not to me but to the One who lives and speaks in both."
--------------------------------------------------------------------------------------------------------

A couple weeks ago I was reading Seven Storey Mountain and came across a passage where Thomas Merton talks about the beginning of World War II, and says in passing:

If I had accepted the gift of sanctity that had been put in my hands when I stood by the [baptismal] font in November 1938, what might have happened in the world?

In the context of that section of the book, it's clear that he was basically asking, Could I have stopped the war? At first I hardly noticed it, thinking of it as a poetic hyperbole to drive home the point that we should all try to be holy. A few pages later, however, that sentence still nagged at me. I went back and re-read it, as well as the paragraph that followed:

People have no idea what one saint can do: for sanctity is stronger than the whole of hell. The saints are full of Christ in the plenitude of His Kingly and Divine power: and they are conscious of it, and give themselves to Him, that He may exercise His power through their smallest and seemingly most insignificant acts, for the salvation of the world.

Those thoughts have continued to nag at me over the past couple of weeks. When I see distressing stories on the news or think of the issues that most disturb me, an inconvenient thought keeps popping into mind: Could I have stopped this?

What I mean, of course, is not that there's any chance I could have done much at all through my own efforts; it's a shorthand way of saying, "If I had really died to myself, if I had fully stepped out of the way to let God's love and strength flow through me like a firehose instead of the feeble drip that the world sees now, what could he have done through me?"

Though it seems unlikely that God would use me to effect worldwide change on a major issue, it's certainly not impossible. Also, as Amy points out so well, one thing that is certain is that people who truly surrender their lives to God will have a huge impact on the world in some way or another, even if nobody ever knows their names.

Later in the book Merton describes a Russian Catholic woman who moved into the slums of Harlem to help the people there. After observing the amazing things that God had done through her, he writes:

It is a tremendous thing, the economy of the Holy Ghost! When the Spirit of God finds a soul in which He can work, He uses that soul for any number of purposes: opens out before its eyes a hundred new directions, multiplying its works and its opportunities for the apostolate almost beyond belief and certainly far beyond the ordinary strength of a human being.

So could I have prevented any of those horrible things I hear about on the news each night had I been a saint? The weight of my sins starts to feel awfully heavy when I realize that the answer is, "Maybe."

Kitco Commentator's Corner

Kitco Commentator's Corner

Resurrection Of Economic Idiocy

Lyndon Johnson’s Un-Great Society and Roosevelt’s depression era social programs did not solve the problems they purported to address. Rather, they extended the pain and suffering of their programs’ victims and worst of all taught them to belly-up to the taxpayer trough forever. We are saddled with generations of uneducated losers, who have sunk their collective psyche into a myriad of social problems passed down repeatedly from indigent lazy parents who learned from their parents.

The latest version of this socialism-destruction designed and being implemented by the Obama team of adult children, will in our view multiply the current criminally inspired disaster, extending it for years.

Greenspan and those congressmen-bankers formed a union of free money to avoid a simple and normal recession in 2000. Now nine years later, its economic payback time for violation of standard economic principles that made our nation great. Unfolding tragedies will be legendary.

This Time It Really Is Different

The strength and foundation of the United States Constitution and Bill of Rights have served our nation well since 1776. Our current disasters, however, threaten the very existence of America.

The rule of law, which is the glue for domestic and global commerce, is being openly questioned. Our political leaders, in their frustration of dealing with their own instigated messes, threaten to abrogate legality of contract rules operating our country. This over-reaction is extremely dangerous.

When that pack of congressional hyenas were screaming at AIG’s leader yesterday they crossed the line into illegal, open warfare attacks on AIG’s derivative bonus babies. AIG’s new CEO-leader incidentally, basically volunteered to clean-up AIG’s problems and had nothing to do with these current challenges instigated and installed by Hank Greenberg who wisely got himself tossed-out in 2005. Greenberg made the mess not the current innocent CEO.

Test Values and Treatment for Vitamin D Deficiency - articles -

Test Values and Treatment for Vitamin D Deficiency - articles -: "Test Values and Treatment for Vitamin D Deficiency"

DEBUNKING THE OBAMATOIDS � Count Us Out

DEBUNKING THE OBAMATOIDS � Count Us Out

3/19 Obama citizenship !!!

Cooking with the Sun | Energy Bulletin

Cooking with the Sun | Energy Bulletin: "Cooking with the Sun
by Carl Etnier

The sun is getting stronger every day, and I've started cooking with a solar oven again. Friday I cooked up a pot of potatoes in my oven from the Solar Oven Society. Yesterday it was a black bean stew--there wasn't quite enough heat from the day in the sun to cook the beans completely, but half an hour on low heat on the range finished their cooking. Today a pot of beets cooked in the sun."

CLICK

Justified - “Just As If I’d Always Obeyed” � Already Not Yet

Justified - “Just As If I’d Always Obeyed” � Already Not Yet

“For He has made Him who knew no sin to become sin for us, that we might be made the righteousness of God in Him.” 2 Cor 5:21

Picture a moral ledger sheet with every word, thought, deed and motive of yours entered on that sheet. Most hope the good will outweigh the bad. The problem is that all of our deeds are stained, all are unclean and impure. There is no such thing as a positive ledger sheet - except in the case of Christ. His ledger sheet was perfect. So at the cross, our ledger sheet was charged to Christ, all our sin; and so His ledger sheet is credited to us.

“Justified” is not “Just as if I’d never sinned.” That is a great truth. But it is actually better than that: “Just as if I’d always obeyed.” God has credited the very righteousness of Jesus Christ to every believer.

Keep Foods Fresh - How to Keep Foods Fresh Longer

Keep Foods Fresh - How to Keep Foods Fresh Longer: "How to Keep Foods Fresh Longer"

Glenn Thrush's Blog: Ten happiest, saddest House districts - POLITICO.com

Glenn Thrush's Blog: Ten happiest, saddest House districts - POLITICO.com

March 14, 2009
Categories: Green

Ten happiest, saddest House districts

Gallup has set up a very cool site that breaks down data from its "well-being index" by congressional district -- and you can browse by map or in list form. So, I decided to take it out for a spin.

The Oil Drum | Mexico: A Collapse Update

The Oil Drum | Mexico: A Collapse Update: "As the downside of nitrogen injection in the Cantarell field becomes apparent, it is difficult to see the nitrogen injection ramp up in he KMZ field having any medium or long range benefits to the Mexican economy. As Cantarell has fallen from 905 million barrels in 2004 to 430 million barrels in 2008, the decline in the next two years is very clear. Even Pemex has recently predicted 255.5 million barrels in 09. Propping up oil production with nitrogen injection leads to a cataclysmic decline in only a few years as the experience of the Cantarell field shows."

Why watching CNBC could destroy your life

Why watching CNBC could destroy your life

Oath Keepers: Oath Keepers: Orders We Will Not Obey

Oath Keepers: Oath Keepers: Orders We Will Not Obey

List of orders these folks will not obey!

The Rise of the American Patriot � td blog

The Rise of the American Patriot � td blog: "The Soetoro-Obama Game Plan"


!!!!!!!!

Gods of the Copybook Headings

Gods of the Copybook Headings: "A copybook was an exercise book used to practice one's handwriting in. The pages were blank except for horizontal rulings and a printed specimen of perfect handwriting at the top. You were supposed to copy this specimen all down the page. The specimens were often proverbs or other quotations from the bible, or brief admonitory sayings—the ones in the poem illustrate the kind of thing. These were the copybook headings."

With this as background, it is hard to disagree with the general opinion that "The Gods of the Copybook Headings" is a clinging to old-fashioned common sense by a man deeply in need of something to cling to. Certainly there is cause for us to feel the same way in these troubled times.
--------------------------------------------------

The Gods of the Copybook Headings
Rudyard Kipling-1919

As I pass through my incarnations in every age and race,
I make my proper prostrations to the Gods of the Market Place.
Peering through reverent fingers I watch them flourish and fall,
And the Gods of the Copybook Headings, I notice, outlast them all.

We were living in trees when they met us. They showed us each in turn
That Water would certainly wet us, as Fire would certainly burn:
But we found them lacking in Uplift, Vision and Breadth of Mind,
So we left them to teach the Gorillas while we followed the March of Mankind.

We moved as the Spirit listed. They never altered their pace,
Being neither cloud nor wind-borne like the Gods of the Market Place;
But they always caught up with our progress, and presently word would come
That a tribe had been wiped off its icefield, or the lights had gone out in Rome.

With the Hopes that our World is built on they were utterly out of touch,
They denied that the Moon was Stilton; they denied she was even Dutch;
They denied that Wishes were Horses; they denied that a Pig had Wings;
So we worshipped the Gods of the Market Who promised these beautiful things.

When the Cambrian measures were forming, They promised perpetual peace.
They swore, if we gave them our weapons, that the wars of the tribes would cease.
But when we disarmed They sold us and delivered us bound to our foe,
And the Gods of the Copybook Headings said: "Stick to the Devil you know."

On the first Feminian Sandstones we were promised the Fuller Life
(Which started by loving our neighbour and ended by loving his wife)
Till our women had no more children and the men lost reason and faith,
And the Gods of the Copybook Headings said: "The Wages of Sin is Death."

In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: "If you don't work you die."

Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Four—
And the Gods of the Copybook Headings limped up to explain it once more.

. . . . . . . . . . . . . . . . . .

As it will be in the future, it was at the birth of Man—
There are only four things certain since Social Progress began:—
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;

And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will bum,
The Gods of the Copybook Headings with terror and slaughter return!

Read more >> Options >>

RealClearPolitics - Articles - Deception at Core of Obama Plans

RealClearPolitics - Articles - Deception at Core of Obama Plans Krauthamer

t the heart of Obama's radically transformative economic plan, a rhetorical sleight of hand so smoothly offered that few noticed.

The logic of Obama's address to Congress went like this:

"Our economy did not fall into decline overnight," he averred. Indeed, it all began before the housing crisis. What did we do wrong? We are paying for past sins in three principal areas: energy, health care, and education -- importing too much oil and not finding new sources of energy (as in the Arctic National Wildlife Refuge and the Outer Continental Shelf?), not reforming health care, and tolerating too many bad schools.

The "day of reckoning" has now arrived. And because "it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament," Obama has come to redeem us with his far-seeing program of universal, heavily nationalized health care; a cap-and-trade tax on energy; and a major federalization of education with universal access to college as the goal.

Amazing. As an explanation of our current economic difficulties, this is total fantasy. As a cure for rapidly growing joblessness, a massive destruction of wealth, a deepening worldwide recession, this is perhaps the greatest non sequitur ever foisted upon the American people.

At the very center of our economic near-depression is a credit bubble, a housing collapse and a systemic failure of the entire banking system. One can come up with a host of causes: Fannie Mae and Freddie Mac pushed by Washington (and greed) into improvident loans, corrupted bond-ratings agencies, insufficient regulation of new and exotic debt instruments, the easy money policy of Alan Greenspan's Fed, irresponsible bankers pushing (and then unloading in packaged loan instruments) highly dubious mortgages, greedy house-flippers, deceitful homebuyers.

The list is long. But the list of causes of the collapse of the financial system