The Obama-Gaia Energy Partnership
Want more domestic oil rather than less? Really? It’s yucky and smelly and Gaia winces in pain whenever we poke holes in her fragile body to get it, so that’s pretty terrible, but President Obama has become an energy activist. OK, let’s Win the Future: lend Brazil two billion dollars to help her develop her oil reserves and some in the Gulf as well; maybe we can call it all “domestic production” by declaring Brazil our honorary fifty-first state. Al-Qaeda, Hezbollah and Hamas may be active in Brazil and will appreciate our efforts. China needs oil and won’t love us any less either for helping:
The US Export-Import Bank … announced $2 billion in credit to Brazilian state-run oil giant Petrobras, Latin America’s biggest company, which aims to become one of the world’s biggest oil producers in coming years.
The announcement follows US President Barack Obama’s visit in which he sought to drum up business for US companies, adding the United States wants to “be one of your best customers” when Brazil starts pumping oil from offshore reserves.
Much of that oil will be sold to China, already Brazil’s biggest investor and trade partner:
Published ahead of a planned visit by Brazilian President Dilma Rousseff to China next month, [a] report said Chinese firms have announced investments of nearly $30 billion in Brazil, including $8.6 billion currently under negotiation.
The energy and mining sectors represented 90 percent of those investments, the report by the Brazil-China Business Council said.
But Chinese investors have also made direct or indirect purchases of Brazilian farm lands, especially for soy production.
China is seeking “a base for supplies of natural resources,” the study said.
Brazilian exports to China have also climbed rapidly, from $1 billion in 2000 to $30.7 billion last year:
These exports — mostly in soybeans, iron ore, oil and other commodities — helped Brazil secure an estimated $5 billion annual trade surplus with China.
Most Brazilian imports from China are manufactured products, which soared from $1.2 billion in 2000 to $25.5 billion in 2010 (emphasis added).
In 1961 the liberals had a multitude of plans and projects for improving American society. Walter Wolfgang Heller, the JFK/LBY economics advisor declared that Keynsian economics would smooth out the business cycle, McNamara’s whiz-king systems analysts were going to revolutionize warfare, the War on Poverty promised victory over structural poverty, they would attack the root causes of crime and devise rehabilitation programs to reduce recidivism. There was even talk of a Department of Leisure to guide the population in socially desirable directions.
Almost nothing worked and that confidence in the combination of government power and High Wonkery dissipated. Today their central idea is little more than the belief that government is a good thing and there ought to be more of it. They have one success to show. They have multiplied their dependent constituency and on this they hope to retain power.
The current situation could not be better summed up in two short paragraphs then this.
Dept. of Leisure: Veblen springs to mind at once, with his “leisure class”.
Just nitpicking: Surely you meant JFK/LBJ.
I wish that the confidence in High Wonkery had faded. Unlike the JFK/LBJ time there are many other sources on talk radio and the internet but all the media sources that existed then are still as dedicated to the ponouncements of silly High Wonkery as it was then. The poison was administered to America as a result of progressives gaining substantual contol of the technical means of communications. Faith in Harvard, MIT , Columbia and other producers of High Wonks is way too great.
I worry that the solutions to problems are not known outside of the nerd herd. Do people understand that “Peak Oil” is the result of hiding oil reserves from the tax man? That Geothermal electricity from the super volcano sites could provide 100% of electricity for the west? That there would be fifty diseases cured in the next five years if the inventors could make noney on the cures. Do they that the cost of illness would drop like a rock if the FDA didn’t block cures to keep people from living longer.
Agreed
I agree. Great comment John Frary.
It is things like the “Climate Change Adaption Taskforce” that drives me crazy. Man made global warming has been thoroughly bebunked as a great scam perpetuated by the left and we are still GROWING government based on the lie. It is so frustrating to see our leaders cave in to the left’s insatiable appetite to grow their support base at my expense. Why can we not stop this madness????
Obama’s America sounds increasingly like a cross between Weimar Germany under Chancellor Bruening and Freedonia under the administration of Rufus T. Firefly.
I’m also reminded of Argentina, the former breadbasket of South America, which had a near-collapse of its agricultural production in the decade following the Falklands War. Why? Because the new, “enlightened” socialist government decided that farmers needed “political awareness” training instead of just being left alone to … farm. Generally speaking, you can sit on a tractor all day, plowing, seeding, fertilizing, weeding, and reaping in succession, or you can sit in a classroom being lectured on socialist ideology and “collectivist farming theory”- but only one form of sitting gets the crops in.
The fact that Obama is determined to “save Gaia” by not drilling for oil, or building anything useful, here, while paying Brazil and China to do things we need done, strongly indicates that in addition to his expertise in medicine (O-Care), he is also a shaman tuned in to Gaia’s consciousness. And she is telling him that drilling in Brazil won’t hurt her as much- somehow. Maybe he’s a student of Carlos Castaneda’s Don Juan?
“Ecologists” are for the most part delusional, humanity-hating individuals who are much like the UFO “contactees” they scammed their “philosophy” from in the 1960s; both groups long ago left the Earth mentally. The main difference between the two nut cults is that for some stupid reason, our academic and other “intellectual elites’” decided to take the “ecos” seriously forty years ago, and as a consequence of this have since done a wonderful job of screwing things up for everybody else. Obama is a case in point of the inevitable result of this “extraordinary popular delusion” as Charles Mackay would call it. (Martin Gardner, if he were still around, would no doubt put it in a new edition of “Fads and Fallacies in the Name of Science”.)
By the way, I like the picture at the top of this column. It nicely illustrates the fact that, like most of his “enlightened” ilk, the only world that interests The One is the world in his own head. He can’t even see the one the rest of us live in.
Not that he would bother to look. In that world, he isn’t God. Therefore, it cannot possibly exist.
clear ether
eon
Ellis Washington, in response to Obama’s State of the Union speech, said (Jan. 27, 2010), “The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us — lack of common sense and good judgment. To paraphrase a comment on Reuters: Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who despite his promise to ‘fundamentally change America’ is, after all, merely a fool.”
I absolutely love your quote!
“Maybe he’s a student of Carlos Castaneda’s Don Juan?”
Haha, haven’t heard that reference since I was a young man….one of the books that CC wrote was “A Separate Reality”….maybe zero really is channeling Don Juan…..
55 million fools elected 1 big one with the help of marxist media. Now we have ObamaCare, ObamaSpeak, ObamaCzar and pretty soon ObamaJail for those that don’t like it.
Claudia Cattaneo in today’s Financial Post offers these snippets from a report entitled “The Energy Reality” by John Mawdsley:
1) biodiesels use 500 times the amount of water that oil sands projects use to generate the same amount of electricity;
2) about 149 million people per year could be fed with the feedstocks now being used for ethanol production in the US;
3)using a 100,000 barrel a day oil sands plant in Alberta to offset ethanol production could feed 34 million people per year;
4) it would cost $4.4 trillion in solar panels to replace coal-fired electricity in the US.
Many years ago Readers Digest published bar graphs portraying that the US wasted more energy than the rest of the combined industrial world used. If the ratio of wasted energy still exists then both supply and demand must be adjusted for better efficiency to salvage US economy sooner. Compound interest dollars, like gravity, increases proportionally to the mass of the principal and inversly proportionally to the square of its dollar distance from the balance owed.
Is it too much to think that maybe George Soros is massively short the US Dollar?
Ethanol: The Greatest Thing Since Sliced Corn Bread?
Ethanol (ethyl alcohol) biofuel, aka booze when it’s purified, bottled and sold in liquor stores, has been the greatest boon to some farmers and some states since the inventions of tractors and porta-potties. To everyone else, it’s been a bust.
The blending of up to 10% ethanol with gasoline, now mandated in a number of states and localities, was a government brainchild ostensibly begun in the interests of reducing America’s dependence on foreign oil imports. It has developed into a typical, wasteful boondoggle which is enriching farm states and farmers who raise corn, potatoes, and sugar cane and gaining big political points with politicians at the same time it’s helping to impoverish those needing gasoline to survive.
Alcohol as a motor vehicle fuel is hardly a new idea. Henry Ford built his Ford Model-T’s to run on it, or on gas, or on a mixture. Alcohol as a widespread biofuel, however, is very much a modern concept and very much the product of the less than supple minds of environmentalists, conservationists, and the good people at the Environmental Protection Agency, the EPA. As is so often the case when government gets involved in anything, bureaucrats are unable to factor in either obvious or unintended consequences. . .
(Read more at http://www.genelalor.com/blog1/?p=4124)