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DEEPWATER HORIZON-UPDATE

6/5/2010

Well the article I posted dated April 30, 2010 apparently was spot on-unfortunately!  It is now day 46 and oil is still spewing into the Gulf.

This morning I noticed that oil is washing up on Floridas beaches, it is only a matter of time before it makes its way up the Eastern Seaboard.  This is truly  a total disaster not only for the environment but the fishing industry and for the National economy as well.  This country is on very shaky ground economically, this BLACK SWAN EVENT just hastens our descent into another decline, perhaps a depression?

This catastrophy is the USA’s CHERNOBYL  and we will never get on track with offshore oil drilling in the USA.  It could be a good thing if it wakes up the present administration to earnestly persue alternative energy sources for our country. We had a golden opportunity to do this back in the 1970′s when we had the arab oil embargo and gas tripled in price. That opened the door for Japan to ship over their funny little cars.  Well its not funny anymore!  No only did we not get the message, we shot the messinger! 

Indeed it is a sorry state of affairs we find ourselves in, Peak Oil, Overconsumption, Underproduction, A Bankrupt System Indeed.

This latest Crisis is just a symptom of a much larger problem.

Wayne Isaksen  - Team Pay it Off.com

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