Comments on: Financial Predictions 2009 http://www.webmetricsguru.com/archives/2008/12/financialpredictions-2009/ Web Analytics, Social Media and Search Marketing Tue, 24 Jan 2012 15:53:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alan Breen http://www.webmetricsguru.com/archives/2008/12/financialpredictions-2009/comment-page-1/#comment-2857 Alan Breen Tue, 23 Dec 2008 06:55:14 +0000 http://www.webmetricsguru.com/?p=4028#comment-2857 There is no way that $60/barrel oil will be able to sustain itself, even if every OPEC nation were to adhere. As the world economy slides off the cliff in the 2nd quarter of 2009 you will see oil settle at the $20 - 25/barrel range. The weakening dollar, the collapse of many of the world's biggest economies will not support $60 a barrel... There is absolutely no excuse for us getting into this mess. I have always maintained that the government needs to do 3 things: Man the shores, tote the mail, and get the hell out of my business!!! No, I'm not a libertarian. We should have never bailed out the greedy pigs on Wall Street, nor the financial institutions. We should have allowed the system to flush itself out. Yes, it would have been incredibly painful, but we would have come out the other end so much stronger. We need to go Solar, Wind, Wave and Geothermal all the way. For example, most people have no idea that everyday enough energy hits the surface of the planet to power the entire world's energy needs for the next 10 years! And here we are stuck on oil - which weakens our security, pollutes our skies and finances terrorist? Until we can advance renewable energy to the point we can kick the oil habit - we need to DRILL, DRILL, DRILL. We don't need to be spending billions (and probably TRILLIONS before all is said and done) on these financial institutions; we need to be spending this money on R&D on renewable energy. Read the article I recently wrote about a new battery technology being produced by EEstor in Cedar Park, Texas. You can find it at <a href="http://www.solarenergyassociation.com/eestor.html" rel="nofollow">EEstor</a> There is no way that $60/barrel oil will be able to sustain itself, even if every OPEC nation were to adhere. As the world economy slides off the cliff in the 2nd quarter of 2009 you will see oil settle at the $20 – 25/barrel range. The weakening dollar, the collapse of many of the world’s biggest economies will not support $60 a barrel…

There is absolutely no excuse for us getting into this mess. I have always maintained that the government needs to do 3 things: Man the shores, tote the mail, and get the hell out of my business!!! No, I’m not a libertarian.

We should have never bailed out the greedy pigs on Wall Street, nor the financial institutions. We should have allowed the system to flush itself out. Yes, it would have been incredibly painful, but we would have come out the other end so much stronger.

We need to go Solar, Wind, Wave and Geothermal all the way. For example, most people have no idea that everyday enough energy hits the surface of the planet to power the entire world’s energy needs for the next 10 years! And here we are stuck on oil – which weakens our security, pollutes our skies and finances terrorist?

Until we can advance renewable energy to the point we can kick the oil habit – we need to DRILL, DRILL, DRILL. We don’t need to be spending billions (and probably TRILLIONS before all is said and done) on these financial institutions; we need to be spending this money on R&D on renewable energy.

Read the article I recently wrote about a new battery technology being produced by EEstor in Cedar Park, Texas. You can find it at EEstor

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