political election humor blog
ECOGEDDON (upcoming economic collapse due to stupidity of decisions made by our government in the combination and cross-pollination of the sub-prime mortgage market fiasco, continuance in funding the Iraq war, poorly addressing the energy and environmental issues, trade imbalance and any other cluster f#*% you can think of) is right around the corner. It may already be here.
It’s obvious we’re entering a recession despite what our leaders tell us. Alan Greenspan warned of a potential recession in a recent MSNBC article, Greenspan: U.S. Moving Closer to Recession.
The probabilities of a recession have moved up to close to 50%," said Alan Greenspan in an exclusive "This Week" interview with George Stephanopoulos in his latest book, "The Age of Turbulence," Greenspan wrote that our economy is beginning to show warning signs of "stagflation" -- a combination of slow growth, rising unemployment and inflation all at the same time. This really freaks me out. Greenspan should have called the book "The Age of Nightmares."
Here's another way for you to remember Ecogeddon formula:
One no-brainer reason for stagflation is higher energy prices. In case we forgot, historically, when the price of oil goes up, within eighteen months America has slid into recession. The U.S. consumes 25% of the world's energy.Ecogeddon = Stagflation + High Energy Prices + Accelerated Degradation of Natural Resources + Kissing Ass to China + Any other cluster f#*% you can think of.
When the energy price goes up, most everything goes up. It costs more to transport all of our goods across the country to our stores so everything costs more. We're paying higher prices for goods, gasoline and electricity - but our salaries, if you still have a job, aren't rising to keep up.Energy drives everything we do.
WHY THE PRICE OF OIL HAS RISEN
1. China and India are exploding. Just as America emerged as a global power in the last century, China could become a global power in this century. Only Russia can keep China in check because Russia holds the ‘candy - incredible amounts of oil and natural gas that China (and the rest of the world) needs. India has the potential to become even bigger than China because they speak the global language, English. One thing holding India back is rampant political corruption...despite the fact that they are democracy.
2. Peaking of oil discoveries and production across the world. Yes, we are peaking in oil production. Don’t let anyone tell you otherwise. We’re not running out of oil, but we’ve peaked in finding cheap oil. Have you noticed British Petroleum is positioning itself as ‘Beyond Petroleum’? BP is one of the largest players in the solar power sector. They get it. There are a few really good books written about all this mess we got ourselves into.
Hubbert's Peak: The Impending World Oil Shortage by Kenneth S. Deffeyes claims global oil production will probably reach a peak sometime during this decade.
Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy by Matthew R. Simmons analyzes the exploration and production of oil in Saudi Arabia.
I read these two books. You should too. You’ll see the world in a different light.
3. The war in Iraq. The war has created uncertainty in the energy market. Countries such as Saudi Arabia, Russia, Nigeria, Venezuela, Mexico and Canada have benefited from rising oil prices and larger profit margins. Energy companies such as Exxon didn’t do too badly either.
4. Supply and demand. It’s simple Econ101. According to Oil Market Report by the International Energy Agency, the world demand was 85.7 million barrels per day. The world oil supply was 86.5 million barrels per day. The spread between demand and supply is tight. And the complexity of finding, refining, shipping, and marketing oil is a very complicated business .
To me, Economy is like the first law of thermodynamics. The law states Energy that goes in + the Work Done = Energy that goes Out. Apply that to the economy:
Imports + Work Done = Exports
When U.S. imports are greater than exports, we have unemployment, job outsourcing and dependence on other countries in the world. That’s not good.
WE CAN HELP THE U.S. ECONOMY BY HELPING OUR ENTREPRENEURS
It’s the entrepreneurs and small business owners that drive the American economy -- not big business. There are many ambitious entrepreneurs in this country who can’t get their ideas funded because banks and venture funds won’t take any risk in the early stage of company formation. I suggest we create special tax breaks for “angels” (rich entrepreneurs) that enables them to fund other entrepreneurs and their ideas. The angels in this country are the driving force behind major innovations.
Entrepreneurs can no longer fund their ideas and dreams through family, friends and credit cards. Credit card companies have become like Guido in the movie Risky Business. Politicians have hurt entrepreneurs by catering to large corporations instead. It’s absolutely pathetic that we don’t help small business owners and entrepreneurs.
But wait… If all else goes wrong, we have one rabbit left to pull out of the hat and help our economy in America. That magic rabbit is Google.
Yes, Google. If you are not aware, Google has now entered the alternative energy markets. Google is allocating hundreds of millions of dollars to renewable energy projects in order to cut their independence on coal-generated power and to embrace solar, wind and geothermal energy. (Google Hunts for Coal Alternative, By Steve Gelsi, NY TIMES, November 27, 2007)
If Putin decides not to run for the Campaign 2008, maybe we can VOTE for GOOGLE to run our country. Look at the incredible rise in their value in the public markets.
Google has the momentum to become the largest player in the Galaxy….in EVERYTHING.
I see the future and it is Google:
Google Cars, Google Clothes, Google Wine, Google Beer, Google Soft Drinks, Google Toilet Paper, Google Computers, Google Phones (Oh, they’re doing this already), Google Furniture, Google Bras, Google Hotels, Google Shoes, Google Underwear, and let’s not forget the eco-friendly, organic Google Condoms.
My incredible bold prediction: Unless we change the current course of our country, in twenty years, Google will buy their own country or state (Maybe Texas, California, New Zealand or Australia) and all the Googlers will move there and live happily ever after. I’ll move too. I hope they accept me.
Googland here we come.
--HuckFinn@PutinforPresident.com
"Smart-Ass Politics for Smart People"










We need to worry about ourselves before going to war for something that Iraq did not even start. I realize there are awful, terrible things going on elsewhere but we need to get back on the right track, build support for this country and not start anymore wars except to defend ourselves.
Posted by: Melissa | Tuesday, April 08, 2008 at 07:40 PM
hell, yes! we need to straighten out our own economy and forget helping people on the other side of the world for a while.
Posted by: libraman1987 | Thursday, January 03, 2008 at 02:54 PM