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The stock market’s been flying. Fewer people are looking for help at the unemployment offices. Retail sales are rising. Hey, maybe this economy has finally turned the corner and is bouncing back..just in time for America to re-elect Barack Obama.

That’s the funny thing about economic statistics. There are a lot of ways to spin them. To the casual observer---all of the above---a northward moving stock market---fewer people seeking jobless benefits and the return of shoppers look wonderfully positive. But let’s look a little deeper. We’ve also learned that America’s credit card debt—which we’ve collectively been paying down for the past few years is rising again. That tells me that theres pent up demand for goods and services, but many who want them are buying now and paying later. Consumer prices hit a ten month high this morning, consumer confidence slid to a six month low.

The market is being driven by companies like Apple…which makes it’s phones and tablets over seas…the net result…not a lot of benefit to the US economy unless you factor in increased production by wired workers.

The dirty little secret of this economy—what may prevent it to returning to true vibrancy…anytime soon is the cost of energy. Let’s do some math. Here in California we are paying on average about 4.29 a gallon. The average car has a 15 gallon tank. One tank 66 bucks. Your range about 375 miles. Let’s say your round trip to work is 30 miles..and maybe a few miles of errands each day. Say 35 miles. Conservatively you’ll need one and maybe 2 tanks a week There’s 400-500 a month. Got two vehicles it’s 800-1000. Consider that in 2008 gas was around two dollars….so you spent 50 percent LESS! And we’re not the only ones buying gas. Truckers are getting slammed by fuel prices. Passing on the cost.Airlines two. The higher fuel goes the less we have to spend on everything else. The less chance we have to grow the economy. Pretty basic.

The President has been talking about this lately. Yesterday he told a college audience that alternative fuels are the way to go. That the president can’t control fuel prices. And that since the U-S uses 20 percent of the worlds oil….we’re on a path to the day of fossil fuel reckoning.

Well---not so fast Mr. President. People didn’t sell their horses en masse when Ford rolled out the model T and the day after the Wright Brothers got up in the North Carolina air for a few minutes.…The change took time. People aren’t buying into electric cars because they haven’t been perfected. Chevy stopped producing the Volt this year because it had sold fewer than a thousand a month---The business plan was 46 thousand this year…but with a battery range of 38 miles….then gas kicks in----who needs it?

As to drilling…various sources say beneath the Dakotas, Alaska and the Pacific Oceans….we are sitting on close to 2 Trillion barrels…How much is that---well if Saudi Arabia was pumped dry, they might have 260 billion barrels…Tops.

Drilling won’t bring down prices over night…but it will help…The speculators now driving prices higher on middle east tension will simmer down. The Sheiks will be rattled. Prices will roll. Down.

But this President…a hostage to the environmentalists refuses to try..

It’s “no” to the keystone pipeline…no to anwar---no to exploration off our California coast…

The real answer is to both explore and drill and innovate…Bring the cost of gasoline down and the supply up----until…the state of alternative energy is advanced to the point of perfection.

Picture the Wright Brothers ___then picture A 767—NIGHT AND DAY…But that is about where we are in the alternative energy world. Until we get much further along, we need fossil fuels in abundance and we need a way to make it affordable.

AZGrizFan wrote:Wow. A liberal with a brainstem. I thought they'd gone extinct.

kalm wrote:Good article T. We need to do it all. My concern is the deflated price of oil prevents sustainables from competing on a level playing field. China is investing heavily in renewable energy and mass transit. We need to do the same.

AZGrizFan wrote:

kalm wrote:Good article T. We need to do it all. My concern is the deflated price of oil prevents sustainables from competing on a level playing field. China is investing heavily in renewable energy and mass transit. We need to do the same.

Amazing what can be accomplished when the government has the ability to get out of progress's way.

kalm wrote:

AZGrizFan wrote:
Amazing what can be accomplished when the government has the ability to get out of progress's way.

Pwns wrote:What we need is more environmental regulation....and world government.


http://blogs.scientificamerican.com/obs ... tastrophe/" onclick="window.open(this.href);return false;

Pwns wrote:What we need is more environmental regulation....and world government.


http://blogs.scientificamerican.com/obs ... tastrophe/" onclick="window.open(this.href);return false;

travelinman67 wrote:In the Sacramento radio market, KFBK talk radio is the big dog. They started Rush Limbaugh, Tom Sullivan and numerous others who went on to national success. Over the years, however, they've had a couple uber-libs to balance out the message: One of whom is Ed Crane whose radio editorial, "Crane's Corner", regularly incites conservatives into foaming-mouthed, vengeance-driven, conk-jihadists.

For decades...

...Crane has been the supporter of all things radical leftist.

He is the consumate apologist of Donk demagoguery; the most passionate hater of conservatism; the skipping record of progressive parroting.

And then, the other night, Crane prefaced his Editorial about concern for future generations, and gave the speech of his life...

The stock market’s been flying. Fewer people are looking for help at the unemployment offices. Retail sales are rising. Hey, maybe this economy has finally turned the corner and is bouncing back..just in time for America to re-elect Barack Obama.

That’s the funny thing about economic statistics. There are a lot of ways to spin them. To the casual observer---all of the above---a northward moving stock market---fewer people seeking jobless benefits and the return of shoppers look wonderfully positive. But let’s look a little deeper. We’ve also learned that America’s credit card debt—which we’ve collectively been paying down for the past few years is rising again. That tells me that theres pent up demand for goods and services, but many who want them are buying now and paying later. Consumer prices hit a ten month high this morning, consumer confidence slid to a six month low.

The market is being driven by companies like Apple…which makes it’s phones and tablets over seas…the net result…not a lot of benefit to the US economy unless you factor in increased production by wired workers.

The dirty little secret of this economy—what may prevent it to returning to true vibrancy…anytime soon is the cost of energy. Let’s do some math. Here in California we are paying on average about 4.29 a gallon. The average car has a 15 gallon tank. One tank 66 bucks. Your range about 375 miles. Let’s say your round trip to work is 30 miles..and maybe a few miles of errands each day. Say 35 miles. Conservatively you’ll need one and maybe 2 tanks a week There’s 400-500 a month. Got two vehicles it’s 800-1000. Consider that in 2008 gas was around two dollars….so you spent 50 percent LESS! And we’re not the only ones buying gas. Truckers are getting slammed by fuel prices. Passing on the cost.Airlines two. The higher fuel goes the less we have to spend on everything else. The less chance we have to grow the economy. Pretty basic.

The President has been talking about this lately. Yesterday he told a college audience that alternative fuels are the way to go. That the president can’t control fuel prices. And that since the U-S uses 20 percent of the worlds oil….we’re on a path to the day of fossil fuel reckoning.

Well---not so fast Mr. President. People didn’t sell their horses en masse when Ford rolled out the model T and the day after the Wright Brothers got up in the North Carolina air for a few minutes.…The change took time. People aren’t buying into electric cars because they haven’t been perfected. Chevy stopped producing the Volt this year because it had sold fewer than a thousand a month---The business plan was 46 thousand this year…but with a battery range of 38 miles….then gas kicks in----who needs it?

As to drilling…various sources say beneath the Dakotas, Alaska and the Pacific Oceans….we are sitting on close to 2 Trillion barrels…How much is that---well if Saudi Arabia was pumped dry, they might have 260 billion barrels…Tops.

Drilling won’t bring down prices over night…but it will help…The speculators now driving prices higher on middle east tension will simmer down. The Sheiks will be rattled. Prices will roll. Down.

But this President…a hostage to the environmentalists refuses to try..

It’s “no” to the keystone pipeline…no to anwar---no to exploration off our California coast…

The real answer is to both explore and drill and innovate…Bring the cost of gasoline down and the supply up----until…the state of alternative energy is advanced to the point of perfection.

Picture the Wright Brothers ___then picture A 767—NIGHT AND DAY…But that is about where we are in the alternative energy world. Until we get much further along, we need fossil fuels in abundance and we need a way to make it affordable.

http://www.kfbk.com/pages/cranescorner. ... z1pPzIuOT4

A positive sign this adminstration's economic beatdown has taken too much of a toll.

AZGrizFan wrote:

kalm wrote:Good article T. We need to do it all. My concern is the deflated price of oil prevents sustainables from competing on a level playing field. China is investing heavily in renewable energy and mass transit. We need to do the same.

Amazing what can be accomplished when the government has the ability to get out of progress's way.

SeattleGriz wrote:

AZGrizFan wrote:
Amazing what can be accomplished when the government has the ability to get out of progress's way.

...and when a country doesn't hesitate to steal ideas from the West and implement them as their own intellectual property.

kalm wrote:

SeattleGriz wrote:
...and when a country doesn't hesitate to steal ideas from the West and implement them as their own intellectual property.

SeattleGriz wrote:

kalm wrote:

That was for Cappy.

kalm wrote:

SeattleGriz wrote:
That was for Cappy.

"That was for Cappy" could be the new "no homo".

AZGrizFan wrote:

kalm wrote:


"That was for Cappy" could be the new "no homo".

+6.93

kalm wrote:Good article T. We need to do it all. My concern is the deflated price of oil prevents sustainables from competing on a level playing field. China is investing heavily in renewable energy and mass transit. We need to do the same.

Ibanez wrote:

kalm wrote:Good article T. We need to do it all. My concern is the deflated price of oil prevents sustainables from competing on a level playing field. China is investing heavily in renewable energy and mass transit. We need to do the same.

China's investment into energy has also forced companies out. In my masters research, there are countless companies like NIke, Gucci, etc... that are leaving China b/c the energy costs have become so high.

kalm wrote:

Ibanez wrote: China's investment into energy has also forced companies out. In my masters research, there are countless companies like NIke, Gucci, etc... that are leaving China b/c the energy costs have become so high.

Interesting. Although the counter argument is that renewables are a long term investment. So just like companies are now reportedly leaving China for cheaper labor, what happens when the multinationals run out of cheap labor and cheap energy?

kalm wrote:

Ibanez wrote: China's investment into energy has also forced companies out. In my masters research, there are countless companies like NIke, Gucci, etc... that are leaving China b/c the energy costs have become so high.

Interesting. Although the counter argument is that renewables are a long term investment. So just like companies are now reportedly leaving China for cheaper labor, what happens when the multinationals run out of cheap labor and cheap energy?