Quote:
Originally Posted by my427cobra
Just my 2 cents worth and not any endorsement of any parties policies:
I subcribe to the last man standing strategy.
North American is perhaps the only continent that can be self sustaining in the future - fertile lands, lot's of water, plentiful natural resources and the ability to generate all kinds of power (getting the tree huggers out of the way). But petroleum resources need to be protected as long as we can.
Nobody wants to pay higher prices, but I'd rather use up their petroleum reserves (as long as we can afford to) and save ours until we really need it.
But to do that we should be establishing all the capacity we can (creating jobs at the same time) so we're ready. It can take 10 to 20 years to develop the drilling, refining and nuclear plants we would need.
Just look at the changes the world has gone through over the past few weeks. Can anyone guess where we'll be in 10 to 20 years? (Read the Black Swan - no not the ballet story).
Greg
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If a "furriner" may be allowed to comment--I agree emphatically with the above.
The prime responsibility of a nations leaders is maintaining continuity, - managable hardship now to protect future assets. The Japanese bulldoze mountains into the sea to build airports, and rebuild the mountains with foreign obtained iron ore and bauxite.
I was in the lumber business at the time of the Kobe earthquake, and the price skyrocketed on West Coast Fir ply. Japan bought 32 million Sq ft, because they had no ability to produce it themselves.
The North-Western quadrant of the world map is in for some rough times. Up to now, we have set the goalposts for world economic matters, but we are being overwhelmed by sheer numbers of challengers-at lowest costs.
IMHO, the US is still the greatest country in the World- but I do worry about you guys.
You bear a huge burden of being the world's policeman, but who the hell else has the national and moral stamina?
Just my opinion, and forgive me if I offend anyone-I'm just a simple Cobra lover.