Global Ghost Town: Oil Crisis Requires New Vision

Submitted by Chris Lugo for ... on Mon, 2008/04/28 - 3:28pm.

There is a crisis happening on a global scale, and we here in the United States of America have a moral responsibility to take action to help alleviate global food prices and ensure that millions of people do not suffer the ill effects of hunger and possibly even starvation. We are all complaining about the high cost of oil these days and how it is impinging on our budget, but in the developing world this is having extreme consequences. The stark reality is that three billion people on the planet earth live on less than $2 a day, and a good portion of that money goes specifically to the purchase of basic food grains to survive. As a result of the skyrocketing price of oil, the price of food grains has risen due to commercial production costs and transportation to as much as $800 a ton for rice which has led to food riots in the developing world.

The reasons for high oil prices are complex, and due to many factors, but we can take steps now to deal with the global oil crisis and help people in the developing world avoid a worsening food crisis. One of the principal factors in the current oil crisis is directly related to the US invasion of Iraq. The war in Iraq, which administration officials believed would lead to democracy and stability has instead resulted in civil war and prolonged military expenditures. The financial uncertainty in the marketplace regarding the instability in the middle east has driven oil prices even higher and the worsening Federal debt, greatly impacted by the hundreds of billions of unpaid dollars committed to the war effort has made the dollar less attractive to global investors, driving down the value of the dollar in relation to global currencies and discouraging investment.

With President Bush refusing to reduce troop commitments below 140,000 and Congress seemingly unable to limit the power of the executive branch to spend money we do not have on a war we do not need, the global markets are losing faith in the security of the dollar and the American economy generally. This situation has been further complicated by the credit crisis which has resulted in hundreds of thousands of foreclosures and displaced as many Americans who are having to scramble for someplace to live. The credit crisis, which was permitted to go on for far too long due to the lack of oversight and failure to enact basic regulatory responsibilities, is another factor contributing to the weakening American dollar globally and lack of faith in the American economy generally.

Then there is the lack of any long-term vision or reasonable central planning in regard to domestic infrastructure and planning for the utilization of limited resources. This is a long-term problem, which is fundamentally an aspect of free trade policies and decades of deregulation and faith in a free market policy to solve all problems. In order to get a grip on the reality of an entire domestic economy that has been oriented toward free market economics imagine the situation of a western gold mining town in the nineteenth century. Many of these boom and bust economies were based on the immediate availability of a limited resource which brought immediate corporate investment, short term economic gain and left long term environmental disasters. In addition, when the gold ran out, almost every gold mining town became a ghost town.

This is the reality of the current oil economy. Regardless of how you look at it is that we are investing in a short-term resource which took millions of years to develop and which we are now burning through in less than a century. If we would like to avoid looking like a global ghost town we must begin to take realistic steps now. The federal government is the only collective entity, which has the infrastructure and collective wisdom to deal with this looming crisis for which we have not to this date made any effective steps toward resolving.

As a candidate for federal office I support investment in the alternative energy infrastructure. We have invested hundreds of billions of dollars in a war we cannot win and in the meantime oil corporations are making record profits at the expense of the working people in this country. I say let's take away their profits by investing in something they cannot profit from. The sun is an unlimited source of energy and the wind is always blowing. Why are we letting the oil companies and their investors get rich while at the same time we are warming the earth with devastating consequences? It is because we have continued to let the powers that be make decisions in Washington which are always in the interest of free market profits without consequences. What we need is to reign in the free market ideology which has driven us to this precipice and begin to use the long term wisdom of a federal government that is looking out for the basic needs of working class people, the environment and the health and well being of everyone on this planet.

When we begin to treat the oil crisis like the problem that it really is and begin to take realistic steps to find ways to power our automobiles, heat our homes, produce our food and generate our electricity the people of the developing world will thank us. We have had one of the strongest economies in the world and we are resourceful and ingenious nation, always up for the challenges that face us. I have faith that we can make the right decisions, but we must take the right steps. We must move away from a free market ideology with respect to energy and specifically oil and look toward government investment in the alternative energy infrastructure. We need to end the war in Iraq and stop acting like there are no consequences for spending hundreds of billions of dollars that we don't actually have. We need to balance the federal budget and restore faith in the economy for the global investment class. We need to address the housing crisis in this country with stronger regulation and no corporate bailouts for Wall Street investment firms that have profited at the expense of the poor. We need to take a second look at how we do our cities and ask if unlimited sprawl is really the best idea for urban development. But most of all, we need to elect representatives to Washington DC and to all levels of government who are going to have a long-term vision and will vote for policies that are in the best interest of our country.

6
vote

djuggler's picture
Will your vision include

Will your vision include vertical farms?

Doug McCaughan
Link...

Maybe it's time for this.

Maybe it's time for this.

Highe Oil = Higher Food only Half The Story

Rising oil prices and rising demand for ethanol are certainly having an impact on global food prices. However, these do not account for all, or necessarily even half, of the upward pressure. Those billions of people living on $2 a day are directly competing with cattle for the same acreage space and often the same food stuffs. As the eastern coast of China and southern India continue to expand economically, and the people living there continue to advance their economic condition, the global demand for meat products is increasing rapidly. Meat is a very inefficient and expensive way to deliver protein, therefore, rising demand for meat results in a net reduction in total calories available for consumption. Humans love meat. If they can afford it, they will buy it. And more and more and more people are reaching the economic status required to buy it on a regular basis. If there really was a kind and loving magical invisible being out there, surely said being would have made a bowl of beans taste better than a cheesburger.

Oh, and Australia's most recent grain harvests have been very poor, and that's not helping matters, either. Just FYI.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

Captcha
This question is used to make sure you are a human visitor and to prevent spam submissions.
Copy the characters (respecting upper/lower case) from the image.
Blog-O-Rama

There Can Only Be One
(Newscoma)

Sarah Palin - Train Wrecks Get Top Ratings
(Cup of Joe Powell)

Play Her Off, Keyboard Cat
(Southern Beale)

Feel Good Independence Day
(Silence Isn't Golden)

The Sicko Attacks on Sarah Palin's Baby
(TN Guerilla Women)

KNS: Ash to be Dumped in Loudon?
(RoaneViews)

Now she 's done it, now I have to go nuclear!
(Left Wing Cracker)

Palin's Resignation: Political Masterstroke Or Extreme Mental Instability of a Castrating Bitch?
(TN Guerilla Women)

Innocent Blogging Fun
(Newscoma)

Scott McNutt cuts to the truth...
(RoaneViews)

Harriman Care and Rehab in the News
(RoaneViews)

Fireworks, Cheap thrills with toxic consequences
(RoaneViews)

Democrats Muster on the Mount
(OpenPen)

Breaking: Governor Sarah Palin Will Resign!
(TN Guerilla Women)

Fireworks Show 9:30 PM July 4 at Kingston City Park
(RoaneViews)


Media Blogs

Memo to the Republican Governors Association
(Michael Silence)

Son of Big Box
(Josh Flory)

TVA Tries Sending Inspection Reports Directly to Landfills
(Snark Bites)

The Wa$hington Po$t
(Michael Silence)

Chapter 11 for condo developer
(Josh Flory)

Gone Fishin': Pith is Off Today
(Pith in the Wind)

Thoughts On Kyle's Kinda, Sorta Kickoff for Governor
(Tom Humphrey)

Bredesen Lectures Legislators on License Plates -- Again
(Tom Humphrey)

Robin Has a Website
(Tom Humphrey)

Cobb Successor To Be Elected on Oct. 13
(Tom Humphrey)

Gibbons 'On Target' With $415,000 In Contributions
(Tom Humphrey)

Happy Fourth of July!
(Michael Silence)

A mashup of satellite images of the TVA ash spill
(Michael Silence)

WaPo gets Ouched! again
(Michael Silence)

Stimulating government
(Michael Silence)


Post Politics

Proving Her Critics Right
(AC Kleinheider)

Makes As Much Sense As Anything I’ve Heard Yet
(AC Kleinheider)

Resigned On The 3rd Of July: Sarah Palin Steps Down As Governor
(AC Kleinheider)

Like He Never Existed
(AC Kleinheider)

You’re Light, Son
(AC Kleinheider)

Can Jim Kyle Win The Democratic Nomination For Governor?
(AC Kleinheider)

Shout Out To Tuke
(AC Kleinheider)

Alexander Wishes You A Happy Independence Day
(AC Kleinheider)

Cammack, North Of Two Hundie
(AC Kleinheider)

Ford Dynasty Member Says He’ll Make A Run At Memphis Mayor
(AC Kleinheider)


Local News

Drownings reminder to use pool alarms, gates and buddies
(Knoxville News Sentinel)

TWRA plans extra boat patrols
(Knoxville News Sentinel)

Father's fraud followed son's debt woes
(Knoxville News Sentinel)

Lockett is subject of 3 investigations
(Knoxville News Sentinel)

Loudon residents fight against ash disposal
(Knoxville News Sentinel)

Downtown condo developer files bankruptcy
(Knoxville News Sentinel Business)

Auto fallout still felt locally
(Knoxville News Sentinel Business)

Loudon residents fight against ash disposal
(Knoxville News Sentinel Business)

Hospital management at issue in Claiborne County
(Knoxville News Sentinel Business)

Tazewell hospital proposals to be heard Monday
(Knoxville News Sentinel Business)

Governor Bredesen Issues Writ of Election
(State of Tennessee)

Bredesen Breaks Ground on Recovery Act Project in Nashville
(State of Tennessee)

Extended Unemployment Benefits Available for Eligible Tennesseans
(State of Tennessee)

THP Gears Up For July 4th Weekend Crackdown on Drunk Drivers
(State of Tennessee)

Tennessee Announces 2009-10 School Meal Guidelines
(State of Tennessee)

Family's gas grill explodes catching house on fire
(WATE local)

Blount County K-9 loses battle with cancer
(WATE local)

Stripper says she is upset kidnapping & rape chares were dropped
(WATE local)

Deadly Shooting and police pursuit ends in crash
(WATE local)

Shooting and police pursuit ends in crash
(WATE local)

Local fireworks laws, displays in your area
(WBIR Local)

Update: Victim dies after Friday afternoon shooting
(WBIR Local)

Hero Central: Help feed hungry kids with Backpack Buddy Club 10
(WBIR Local)

Authorities prepare for explosive holiday
(WBIR Local)

East Tennesseans hit the lake for holiday weekend
(WBIR Local)

Beefing up patrols on Tennessee highways
(WVLT Local)

Honduras rejects OAS appeal to restore president
(WVLT Local)

UPDATE: Police investigate shooting, high speed chase and crash
(WVLT Local)

SKorea says NKorea fires 2 missiles off east coast
(WVLT Local)

Alleged victim, estranged wife talk about dropped kidnap and rape charges
(WVLT Local)


Wire Reports

Group Sotomayor advised fought job tests (AP)
(AP Politics)

Mrs. Obama bringing glamor to Moscow this weekend (AP)
(AP Politics)

Obama cites his agenda in holiday address (AP)
(AP Politics)

Palin resignation leaves questions on 2012 run (AP)
(AP National News)

Palin resignation leaves questions on 2012 run (AP)
(AP Politics)

SC serial killer conjures memory of 60s murderer (AP)
(AP National News)

Police: Arizona woman led sons on crime spree (AP)
(AP National News)

Jackson was loving and attentive father, many say (AP)
(AP National News)

Jackson kids face hurdles to coping with his death (AP)
(AP National News)

Calif. bullet train hits criticism on SF Peninsula (AP)
(AP National News)

Obama calls for reform in Independence Day address (AFP)
(AP Politics)

Calif. regulators warn of pot's cancer capability (AP)
(AP National News)

Medvedev sees 'new prospects' for US-Russia ties (AFP)
(AP Politics)

NY growth besieges Revolutionary patriots' graves (AP)
(AP National News)

Palin Stirs Debate About Her Political Future With Resignation (Bloomberg)
(AP Politics)

Palin resignation splits GOP (Politico)
(AP Politics)

AP Source: Detroit mayor firing police chief (AP)
(AP National News)

Pachyderms outdo people in cross-species chow bout (AP)
(AP National News)

Firefighters battle big blaze at shuttered SC mill (AP)
(AP National News)

Palin resigns as governor, leaves plans secret (AP)
(AP Politics)