Oil Be Buying That Hybrid Car After All

Look at these comments, on a recent post about rising oil prices, on Kevin Drum's site. It is probably safe to say that, after the election, the top news story after the Iraq War will be the worldwide economic devastation due to insufficient oil supplies. It's the elephant in the room and everyone is pretending that it's the family chihuahua. The rising cost of transporation (from increasing fuel prices) will start prices rising on consumer goods which will rekindle inflation which will raise interest rates which will destroy the housing market which will depress the manufacturing sector which will create massive layoffs which will greatly increase demands on government support which will spark even greater deficit spending which will upend the financial markets which will reduce investments which will increase bankrupcies which will add to layoffs which will.... Well, you get the idea. Bush's free-spending policies, tax reductions and money-sink-Iraq War have left the U.S. in a vulnerable position such that any significant downturn in any economic sector (in this case fuel) will be the straw that breaks the nation's back. This is my solution.