When Greg Palast began talking in his book, Armed Madhouse, about full
page and two page Peak Oil scare ads, I thought of Mike Ruppert.
Palast shows a Chevron Peak Oil scare ad, at least an ad in which
Chevron openly takes credit for funding the ad in order to advertise
where victims should send their protection money with the hope of
Chevron being able to protect philanthropists from high energy prices
in the future.
It seems Hubbert did not say that oil would run out in 2006. He only
said that cheap to extract oil was not being found fast enough to
replace easy to extract oil being pumped.
Hubbert pegged difficult to extract heavy oil such as tar sand as
being sufficient in quantity to replace easy oil. He named
Iraq("Mesopotamia") and Venezuela, not Canada or Russia I don't think,
as heavy oil sources sufficient to offset easy oil extraction.
Palast thinks that the reason Hubbert did not simply advise that heavy
oil resources would offset easy oil extraction was that Hubbert was
providing an out for Soviet Russia and the US to avoid fighting over
mideast oil about now. Hubbert proposed that since US and USSR had
plenty of uranium, they could convert their energy usage from oil to
nuclear.
But according to Palast, Hubbert did say that heavy oil and gas
reserves were sufficient for another hundred years or so. Did Mike
Ruppert mention that in the fine print? People don't pay for fine
print, so now that Palast's book has taken the fear out of Peak Oil,
maybe Ruppert's subscriptions are drying up.
Not that Palast is not predicting an economic deluge of biblical
predictions, because he is. But Palast does not mention gold as a
sanctuary of value.
Instead of claiming the mantle of FDR as LaRouche does, Palast says
that the New Deal was a watered down Wall Street and Democratic
establishment co-optation of Huey Long's program, which meant that it
was safe to shoot Huey Long and call the clone New Deal, New Frontier,
and Great Society. But that doesn't mean we should not bemoan the loss
of New Deal electrical utility regulation(repeal of Public Utility
Act) and identify the assault on internet neutrality(neutrality
meaning Verizon and Comcast must not restrict bandwidth for content
such as IPTV not subscribed from them).
Complete archives at http://www.sitbot.net/
Please let us stay on topic and be civil.
OM
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