Jim Kunstler Commentary – April 24 2006

America commuted back into the unknown country of $3-plus gasoline and $75-plus oil (per barrel) last week, and President Bush revisted the Tomorrowland of hydrogen cars in the absence of any reality-based response to the global energy crunch that will change all the terms of America’s “non-negotiable way of life.”

Actually, we are negotiating, or bargaining, as Elizabeth Kubler-Ross once put it in describing the sequence of emotional reactions of humans facing certain death:

denial > bargaining > depression > acceptance

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