52 comments on Wolcott: "Worse Than a Fool"
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52 comments on Wolcott: "Worse Than a Fool"
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GAIA Host Collective
What happened there?
What I found interesting is that Mr. Rainwater is building a greenhouse and drilling water wells on his farm, near a small town in the Carolinas. He is also putting in large storage tanks of fuel.
Rainwater became concerned about Peak Oil after reading Jim Kunstler's last book, "The Long Emergency." According to the Dallas Morning News, the principal reason that Bush included the "Addicted to oil phrase" in the State of the Union speech was because of the Fortune interview with Rainwater. So, in a real sense, the "Addicted to Oil" phase was inserted because of Jim Kunstler's work. (Rainwater arranged for Bush to be a partner in the Texas Rangers, which put him on the road to the Governor's mansion in Texas, then the White House).
There was an interesting quote in the article. Rainwater didn't want the world to "Wake up some day and ask how come some doofus billionaire in Texas made all this money and he didn't warn us?"
BTW, Don Evans, a long time friend of Bush--and former Commerce Secretary--has also stated that he believes that we are at or near Peak Oil.