75 comments on DrumBeat: June 21, 2009
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75 comments on DrumBeat: June 21, 2009
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GAIA Host Collective
So it looks like Brown has realised that another oil price spike is likely to put paid to any 'recovery' and more worrying for him, its likely before he can safely call the next election.
He wants the BoE to keep the interest rate low and the bankers to lend more to get some real 'bubble' going so he has a hope of getting back in by the spring of next year. Actually cutting the money supply to prevent inflation, or oil prices killing it stone dead are firmly on his radar.
Of course, this is the ideal opportunity to do something serious about efficiency. Reducing demand for energy whilst increasing demand for new work = double bonus. A politician is desperate, now's the time.
So what quick, low hanging fruit on the driving front could he implement that would go well with the electorate?
Lets see, what simple, easy tricks would cut demand and thus force the price of oil down? Britannia might call for a blockade of other nations which import large quantities of oil. Or, invade and conquer some oil rich nations, thereby gaining assured access to that oil. Or, perhaps destroy some other oil consuming nation(s), perhaps by nuking their main city(s), such as Tokyo or Moscow or Washington and NYC...
Or, muddle through with a big tax on transport fuels. Woops, been there, doing that. There's always free KoolAid for the kiddies or starting an intentional pandemic...
E. Swanson