Fit to be Fried

May 20, 2008

Depression’s got ahold of me…

semperfried76 is the last hope for humanity.
Too bad he hates you all.

This one goes out to all those who think that it’s the government’s job to provide them with healthcare, free money when they can’t pay their bills, college education, food, a roof over their heads, personal happiness, etc…

“You must obey this now for a Law, that he that will not worke shall not eate (except by sickness he be disabled:) for the labors of thirtie or fortie honest and industrious men shall not be consumed to maintaine an hundred and fiftie idle loyterers”

Captain John Smith of Jamestown Colony uttered that famous phrase back in the early 1600’s, and for hundreds of years, this was the prevalent attitude in America- the term American Spirit came to embody a can-do attitude combining initiative, ingenuity, integrity and ambition. Men made their fortunes from the sweat of their brow and the power of their minds, and, combined with a tradition of inventiveness sparked by founding fathers Benjamin Franklin1 and Thomas Jefferson, this spirit caused America to flourish in the face of constant adversity. America, as a young nation, was beset on all sides with forces that would do anything to see it fail2, and yet it refused to die even through one of the bloodiest Civil Wars the planet had ever seen. Even up to the 1960’s, this was the case, as evidenced in President John F. Kennedy’s famous quote:”Ask not what your country can do for you, ask what you can do for your country”.

Where is the American Spirit now?

Great Depression Breadline

I wish I knew.

What I do know, is how it started to dwindle

In 1929, a combination of rampant debt, a sudden crash in the stock market, a decline in exports, and a shortage of money caused what was known as the Great Depression. Keep in mind that the Great Depression was a worldwide occurrence, not isolated to the U.S.; People worldwide were out of work and starving as a direct result of mistrust on the international trade market, which caused prices to rise uncontrollably while wages and jobs dwindled. The unemployment rate had soared to over 25% by 1932, a rate that has never been exceeded since, nor has been even halfway matched since 1940. To combat the depression Roosevelt instituted what was known as “The New Deal”, which was, in short, an attempt to give everyone everything they wanted 3.

Though the New Deal can be credited with such notable improvements as the repeal of Prohibition, and the stabilization of the banking system, it was criticized soundly by both the right and left wing of American politics and eventually resulted in a national debt that has never been paid off to this day, and in fact never stopped growing in size. 4

More on this Wednesday, I get the feeling this one’s gonna have to be a series…

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    Footnotes
  1. Pun definitely intended
  2. If you don’t believe me, check out Wikepedia’s American Military History, there hasn’t been five straight years that we’ve gone since before our Nation’s inception that there hasn’t been some kind of military conflict.
  3. wikipedia.com, New Deal Wiki
  4. I tell a lie, as it turns out. After some judicious double-checking, I found that the national debt did indeed slightly drop in 1947, 1951, 1956 and 1957. Four years out of eighty.

April 30, 2008

Massive Oil Deposit found in North Dakota, in FEBRUARY?

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Why is nobody talking about this?
I was doing a search on U.S. oil reserves while researching another post I was planning to do, and this was one of the first results that popped up in Google. What I’d like to know is, if we’re sitting on something this huge, an oil reserve that puts us on par with Saudi Arabia as an oil-producing nation, something which could end American dependence on foreign oil, lower gas prices to next-to-nothing, and possibly bolster what many view to be an economy that has been sinking more and more towards “Great Depression” proportions, (the list goes on and on…), WHY THE HELL HASN’T THERE BEEN ANY COVERGE FROM THE MAJOR NEWS MEDIA? Before I go off any further, please read on below…

Quoted from http://www.nextenergynews.com/news1/next-energy-news2.13s.html:

Massive Oil Deposit Could Increase US reserves by 10x


Massive Oil Deposit Could Increase US reserves by 10xIllustration of possibly massive oil reserve in North Dakota

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.

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