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The oil lobby is more preventing the US from pursuing a massive program to put in long haul electric rapid freight rail and local electric rail and trolleybus transit ... preventing the US from massive investment in our massive wind resource is more the coal lobby.

Huh, vested interests with massively lucrative cash flows in dead-end industries holding a nation back from moving into the future. So this is what it was like to be Hapsburg Spain.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Jul 3rd, 2010 at 03:13:57 PM EST
[ Parent ]
No, being Hapsburg Spain was spending all your blood and treasure fighting wars of religion... Oh, wait!

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Sat Jul 3rd, 2010 at 03:19:36 PM EST
[ Parent ]
... "hit it on the nose".

I was referring to the other side, the lucrative but ultimately unsustainable mining of the mountain of silver in Mexico and the mountain of silver in Peru ... but the analogies keep spinning on for a while.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun Jul 4th, 2010 at 12:09:06 PM EST
[ Parent ]
That would be like the savings glut...

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Sun Jul 4th, 2010 at 12:38:44 PM EST
[ Parent ]

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