[americandream]

Those who ridicule PO for not having arrived yet are missing the point. Capitalism is not sustainable and even the markets are factoring in this premium into the cost of commodities. It is this non-sustainability premium that will eventually price the freedoms of capitalsim we take for granted into the realms of the well-off and that process has started. Take a look at many commodities graphs and say this is wrong and that the reasons are something else like higher demand from China and India. Then explain to me why the free market has not robustly rallied to satisfy this demand as is the logic of markets where there is latent profit.

[dsula]

$this->bbcode_second_pass_quote('americandream', 'C')apitalism is not sustainable

[americandream]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('americandream', 'C')apitalism is not sustainable

[dsula]

$this->bbcode_second_pass_quote('americandream', ' ')Take your pick, live with the consequences.

[Expatriot]

$this->bbcode_second_pass_quote('Sixstrings', ' ')But you get my drift.. once peak oil builds critical mass it'll be all over the place.

[americandream]

$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('americandream', ' ')Take your pick, live with the consequences.

[Expatriot]

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('dsula', '')$this->bbcode_second_pass_quote('americandream', ' ')Take your pick, live with the consequences.

[americandream]

$this->bbcode_second_pass_quote('Expatriot', 'I')f anything, pure capitalism, while dangerous on many levels, would prevent living beyond one's means for very long because market rates would either force austerity or bankruptcy at some point.

[Keith_McClary]

$this->bbcode_second_pass_quote('Daniel_Plainview', 'H')ow do we get rid of this troll?

[dsula]

$this->bbcode_second_pass_quote('americandream', 'T')hats fine. However, you as a peon have expressed a preference for a paradigm living beyond its means as that is precisely what capitalism is.

[efarmer]

I have been living in austerity for awhile now and yearning for my times of conspicuous consumption even though I know it is unsustainable. Last night, I caved in and just went with conspicuous consumption until I was sated. I ate 5 bags of M&M Peanut candies and drank 3 glasses of merlot.

Today, the sun came up in a beautiful Indian Summer morning in the confluence of the Missouri and Mississippi rivers outside my window and the day began balmy and sweet. Oh yeah, I hear that petroleum is going to get scarcer from here on in. Pass it on to those who are ready to accept it.

[Expatriot]

$this->bbcode_second_pass_quote('efarmer', 'I') have been living in austerity for awhile now and yearning for my times of conspicuous consumption even though I know it is unsustainable. Last night, I caved in and just went with conspicuous consumption until I was sated. I ate 5 bags of M&M Peanut candies . . .

[Roy]

I think I was channeling efarmer last night as I sat down and ate not 1, but 2 moonpies and drank a tall glass of organic whole milk.

My own personal break from the peak oil imposed austerity I've been living now for 6 years. Oh the indulgent opulence of the moon pie.

Pure choclate-y and delicious denial, short lived though it was.

[Pops]

$this->bbcode_second_pass_quote('in the other thread I', 'T')he summary says we won't have a geologic peak because we're going to increase renewables fast - like really fast - starting tomorrow - or maybe this afternoon...

Oh I forgot, we do that because we are all worried about GW...

Snort...

[Ludi]

$this->bbcode_second_pass_quote('', ' ')I think in the age of dinosaurs, when we had the most flora and fauna, we were probably at 4,000 parts per million.

[Cid_Yama]

I know. It's amazing how anybody could have though we had emerged from the dark ages.

They just took a break from burning us at the stake, probably not by their choice, and are just waiting for the opportunity to resume.

[The_Virginian]

bible thumper or not...many have predicted the present COOLING and SNOW ( mini-ice age, or worse) and that anthropological global warming is hogwash:

http://myweb.wwu.edu/dbunny/research/global/index.htm

In any case this peak in oil production is very serious, and M. King Hubburt predicted it on TV almost to the year:

http://www.youtube.com/watch?v=ImV1voi41YY

( peak if "orderly" would occur in 1995 ( second 20 in the vid), possible to be extended by "someting like 10 years" ( second 50 to 1:07) if the curve leveled off = 2005...dang close to 2006.)

[Xenophobe]

Big deal. We've all known about it for years now. Its like going back and finding Joe Namath guaranteeing the Jets will win the SUper Bowl and then wrapping it in caps and exclamation points....yeah yeah...we know already...it was real exciting, but its time to go to work and do all those things which it was supposed to stop..like living....

[vision-master]

$this->bbcode_second_pass_quote('KevO', '[')url]http://www.theoildrum.com/files/IEA%20Press%20Release%20-%20Slide%208.png[/url]