The state of Connecticut has made a big promise to the poor this winter, they promised to use the state surplus money to keep them warm. The question on everyones mind, is will that money really arrive to the cold, hungry, huddled masses and oh yes the elderly. With 6.1% Unemployment, and tens of thousands of poor in our state is this heating thing really going to work? Can it be expected to be a consumer friendly process? The answer is I do not know but anyone worried should start requesting paperwork now. (See link Below)
Incredible as it may be, it certainly all sounds too good to be true, but some have questioned that the surplus money is too little to meet the unexpected needs of the poor. Furthermore energy assistance once available to many Section 8 people who could be young moms with kids living in subsidized housing projects, may now be competing with $5.00 per gallon oil and the unpleasant suprise of the "nouveu-pauvre."
Our legislature has made a pretty big promise, or created the illusion of a promise, I believe that the the 88 million surplus may fall short in meeting the demand for energy that I expect will be coming this winter.
Should this year be colder than last year than poor folks can be expected to shiver a little more than usual as they are on the phone demanding that state oil truck. If you are concerned that any of your loved ones this year may need help, please visit this LINK and start the process now. The longer you wait the more overwhelmed the system becomes and the greater chance no assistance will be given.
The U.S. Dollar is plunging faster than I imagined. The downward spiral has got even Mexican migrant workers upset as they send their money home only to find out it is worth less and less.
Experts are indicating today on the GCN network, or the "Freedom Radio" link on the main page of this site, that anyone with large deposits of dollar based assets need to begin their diversification of their assets into hard assets, such as Gold, Silver, Real Estate, or things of value that the Federal Reserve cannot create out of thin air.
Some time ago I have written that Real Estate is one of the best safeguards a person can have at the moment, anyone with large debt should consider refinancing at lower interest rates and fixing those rates for as long as possible. If you are able to pay your debt my position has been to not worry so much about fixed interest debt in lieu of accelerated inflation. As the dollar becomes worth less it is my bet that debt will become cheaper and more devalued. On the other hand, fixed assets in real estate will eventually grow as construction costs skyrocket. This scenario, in my opinion will come back to benefit everyone who avoids foreclosure. It may take several years for the market to equalize and get the economy back on track but when it does you hopefully will be happy you held on to your home.
One major concern at the moment for me is energy and food inflation, both of which are married. As energy goes up so does food prices, money may not keep up with inflation. As an American Italian one thing I learned is the importance of storing food during hard times. Should the U.S. Dollar drop another 20% it may be a good idea to get a jump on food prices and pack a pantry for yourself and family.
On a final note, I am not a financial advisor, always consult your personal expert when making major financial decisions. My situation may be unique and may not directly apply to you. This is my opinion only.
Whenever I hear mention of my agenda's UFO comment, it makes me laugh. It is a reminder of the "selective reception", and "selective perception" of some folks in the general public who think I am talking about reptilian creatures from Mars.
In my extensive agenda there is a one line mention that I am an avid supporter of the "Freedom of Information Act." even if that includes "outlandish things" like UFO's or Unidentified Flying objects, not "Martians or Aliens from space."
This is a position I took after learning about John F. Kennedy and his concern over political secrecy. JFK said that in order for a government to be trustworthy it needs to be "Transparent" and that "Secrecy is repugnant in a free society." This was also repeated by Eisenhower, and numerous other elected officials. Jimmy Carter also had a position and a belief on the subject of political secrecy.
Although my opinion is not exactly the same, I am against almost all secrecy in government. I am also a Mason of which is a secret society but unlike our government it is a open fraternity of which anyone can join. But I assure the general public that there is more concern to be had with the Secrecy of government agencies like the Federal Reserve System's monetary policy impacting our dollar value and our towns purchasing power.
This secrecy thing is nothing new, The Freedom of Information Act has revealed the truth about many important issues like Vietnam and the Gulf of Tonkin, The USS Liberty, The Atom Bomb, Human experimentation, etc.. etc..
I believe that if our government has technology that could end the global energy problem, or help stop global warming, than by all means they owe it to us by now. Even if that means calling on Skunkworks do develop a commercial application of a military energy patent.
For all you folks that may not know what this technology is, should remember that the SR71, and the F117 were both government UFO's until they decided to let us in on their secret. The same goes with the jet engine that has transformed global transportation.
I am of the opinion, that when these technologies are compared to what is buried in the Pentagons secret patent vaults, one will discover projects like the F117 are nothing more than emblematic "Tinker Toys" for our amusement.
I believe the government is suppressing technology and patents that could help with our energy independence, and for this reason alone I believe investigation, exposure and hopefully discovery will force debate on energy alternatives and fair patent laws that free us from the bondage of oil.
The craft depicted above was spotted thousands of times and is rumored (on the web) as being a government craft called the TR3B. The detail of this craft are unknown but countless photos attest to its existence as possibly a U.S. technology hopefully to be revealed soon.
The notion of "Peak Oil" may soon be a myth, with the re-emergence of the Russian empire at its helm. While many old timers during the Reagan Gorbachev era thought Russia had gone bankrupt and then into a group of dissenting rogue colonies, may soon be disappointed to know that this could become cold war history.
The Russian oil empire, is growing again, and this time the success of Lukeoil may be pale in comparison. At the farthest reaches of the Russian empire every major corporate giant and their friends are building the largest oil and gas project ever created. This project is so enormous that the Discovery channel has featured it on their "Building the Ultimate" series. Some of the oil exploration rigs can only be built at the largest shipyard on earth of which is located in South Korea.
This construction is currently underway on the economically challenged island of Sakhalin. This area once a struggling fishing and timber based community has now become a international city comprised of five thousand foreigners from the oil and gas exploration and construction industry.
The local, Russian natives, needless to say are not happy with the unwelcome intrusion and have staged several environmental protests including the obstruction of routes and aggravated construction delays and protests. With Global billions in international investment already made, all environmental and ecological concerns are being placated but not tolerated insofar as stopping the completion of this mammoth project. Oil and Gas is expected to begin flowing within the next three years alleviating most peak oil concerns for a while.
If the projected estimates of the attainable gas and oil are correct this project will save the world from the fear of peak oil for the next several decades, and in the process will make Russia the dominant oil superpower in the world. Russia's thirst for oil is still not over, even despite this large discovery, believe it or not they are claiming the North Pole all its oil, Gas, and Minerals, to include valuable gems for themselves.
Without any doubt the debate over who owns the North Pole is now alive and well with every nation on earth doing its bidding. This scenario is an eerie repeat of who owned America after Columbus discovered it in 1492, hopefully Global warming now, making oil exploration more viable, will not lead to a repeat of history where the world is at war over these new found territories and their associated resources.
Should the Sakhalin's oil rich regions stave off peak oil, this should be our cue to to come up with our alternative energy plan, to include a hydrogen based economy. To say that this environmental disaster of a discovery, (and project) without some sort of an alternative energy lesson is without merit, would in fact be a sad future energy agenda. This dicovery should hopefully help alleviate the energy crisis in the US some time in the future.
The price of gasoline has gone up over the weekend and is expected to go a even higher, even though the price per barrel dropped today. My quest to get to the truth about our local oil shock always drives me to research and find answers.
This drive of mine increased when my local gas station at the corner of High St, and the Post Rd. dropped his franchise and became an independent operator. His gas station is now called "USA Fuel" and shortly up the Post Rd. there is yet another patriotic gas station called "Patriot" fuel.
The frenzy to compete on gasoline is causing these gas stations to dump their franchisers with the result of lowering the price per gallon. My first impression was that these gas stations are making a lot of money with the high price of gas, but in reality the price hurts the local station because it reduces demand for the gasoline and most franchises only pay the stations for a fixed profit per gallon.
Wanting to know more I went to the Post mall and bought a documentary called "A Crude Awakening." This was the best thing I ever did in truly understanding the energy and oil situation not only here in Milford but in all of America.
The overall message of the movie is that Americans believed our oil would never run out, that it would be here forever. This is proving to be the biggest mis-perception of the century. Every nation on earth is now copying the great consumptive life we have built for ourselves in America. China, India, and Europe all aspiring for individual ownership of a car, a home, and the countless cheap plastic products we have come to enjoy so much.
There is only one problem, and that is that our oil reserves cannot reasonably sustain the good life we have in America spanned across the globe. The worlds new found thirst for oil is causing all the major oil regions of the earth to peak pressuring more outrageous political pressures and competition for oil.
Every industrial government wants to fuel their energy needs, but the supply of oil is not capable of sustaining the rate of growth that the world economy demands. Oil dubbed as the black devil has been the subject of wars, including most recently the gulf war and Iraq's invasion of Kuwait. According to the "A Crude Awakening" documentary the only place left on earth that has not peaked in its oil production is the "war torn" Middle East.
America has no energy plan should our energy demands begin to wane below our needs. The consequences of not having a cheap source of energy are unthinkable, and too upsetting to even think about. Richard Branson of the Virgin Industries has called this problem "serious" and invested several billions of his own money to start "Virgin Fuel" of which I personally hope he succeeds.
The very embarrassment of the energy crisis has led to our political leaders not being honest, just reassuring the public that everything is under control while they know otherwise. This dire energy situation coupled with politics is akin to you or me making up a lame excuse for why our failure to afford our electric bill resulted in the lights going off. Even though America has not had its lights shut off, it has been served with a "shutoff notice." Unfortunately the 9 Trillion charged to the national credit card is now "maxed out."
Politicians cannot and do not want to campaign with bad news. The people of America are perpetually hopeful that America will remain the greatest nation on earth forever and are diseased with "selective reception" and "selective perception" and as such only lying politicians are getting elected. The sooner America wakes up the sooner we can soften what otherwise may be an abrupt crash caused by global energy competition. One last point to note is that, despite this documentary, the CEO of Exxon Mobil is of the opinion that we have plenty of supply to meet future deamand.
The state of Connecticut has made a big promise to the poor this winter, they promised to use the state surplus money to keep them warm. The question on everyones mind, is will that money really arrive to the cold, hungry, huddled masses and oh yes the elderly. With 6.1% Unemployment, and tens of thousands of poor in our state is this heating thing really going to work? Can it be expected to be a consumer friendly process? The answer is I do not know but anyone worried should start requesting paperwork now. (See link Below)
