Jojo sez:

 

> Seems to me that a prize for Alternative Energy from a Shiekh who got

> his riches from oil, appears a little suspicious.

> 

> If you ask me, the Arabs just want to know who has the best technologies

> for Alternative Energy so that they can spend some of their oil money to

> paint a bulleye on your back.

 

Since you are openly discussing an issue that strikes me as bordering on a
controversial Off-Topic subject with political overtones... let me make my
own contribution:

 

According to a recent Kiplinger Letter the leaders of many oil producing
Arab states have indeed become concerned about the economic harm alternative
energy technologies could wreak on the economic health of the kingdoms they
rule. It has become evident to many that these economies have transformed
into welfare states. The ruling class coddles their population base by
feeding them a steady stream of addictions in the form of goods and services
which can easily be purchased on the global market because of the high price
of oil they sell. Few are inclined to protest in large unruly groups when
shopping malls stuffed with affordable clothing, large screen TVs, and
x-Boxes. Few are inclined to protest when practically free health care and
education is available to the masses. The economies of these countries have
essentially become addicted to the price of oil remaining alarmingly high.

 

When Cold Turkey comes, and such a reckoning most likely will, it will not
be a pretty sight. Revolutions will occur in kingdoms that had based their
economies on the price of oil remaining very high. One can expect the
overthrow of the ruling class and the political parties they manage. It
could be a treacherous time for many common ordinary citizens who are doing
their best to eke out a decent middle-class living. In the ensuing economic
collapse, there will be confusion, fear, and outrage. There will likely to
be a string of manufactured scapegoats as well.

 

In the ensuing chaos perhaps the populations of certain countries will vote
in the equivalent of their own version of a brand new "governor" who
promises to root out economic waste. They will promise to root out
individuals and institutions they claim are taking unfair economic advantage
of the suffering masses. They will sell a "conquer and divide" scenario -
sort of like what happened in Wisconsin, when Scott Walker got elected and
then re-elected during the failed recall effort. As long as an elected
leader can sell the belief that he knows who the real enemy is and that he
will "conquer and divide" them, a population base that feels both
financially compromised and helpless is very prone to re-elect them. 

 

In the ensuing economic chaos of many collapsing oil producing economies I
expect many in the ruling classes (along the institutions of power they
manage) will do their best to manufacture a bunch of externalized scapegoats
that hopefully deflect much of the outrage away from their own activities,
which is essentially to stay in power. In pre-WW2 time the elected rulers of
Germany managed to sell to the population base the need to hate Jews on the
premise that a specific socio-economic class of people had somehow taken
unfair economic advantage of everyone else - and it was now high-time to do
something about them. On an obviously much smaller and less deadly scale, a
similar scenario happened in Wisconsin when Scott Walker's financial backers
helped the governor sell a belief to Wisconsin voters that state unions had
for too long taken unfair economic advantage of everyone else in the state.
They lined the unions up, just like what Russia did with the Czar and his
family, and shot them all dead.

 

Whatever Cold Fusion eventually morphs into, and as the technology begins to
decimate petroleum based economies right and left, not only will it be
perceived with extreme dread, how can it not end up being perceived as "the
enemy". It will be interesting to see what straw dogs the ruling classes of
these countries will attempt to manufacture in an attempt to stay in power.

 

Regards,

Steven Vincent Johnson

www.OrionWorks.com

www.zazzle.com/orionworks

 

 

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