Wednesday, February 29, 2012

Thomas Naylor mentions Morris Berman's book on America.

The Oscars

The Artist won five awards, and it's playing at the Prince Kuhio Stadium Cinemas, not yet at the Palace. I haven't seen it yet. Interestingly, it's only the second silent movie to win Best Picture. I figure that the Academy Awards began around the time silent movies began to be displaced by the "talkies."

Oscar site.

I don't like the recent practice of nominating ten films for the Best Picture category.

Monday, February 27, 2012

Kunstler: "A Fog of Mendacity"

[Note: All links added by me.--P.Z.]

A Fog of Mendacity
By James Howard Kunstler
on February 27, 2012 9:43 AM
Those frightening sounds, sights, and odors on the wind this foreboding snowless winter - like emanations from some back ward of a global psychiatric hospital - are the signs of a nation going completely mad. The traumatic rise of oil prices above the $100 level is one irritant, prompting a range of people-who-oughta-know-better to gibber and fulminate as though they'd been locked in the nation's attic since Thanksgiving with nothing to do but play with a box of pencils. Meanwhile, several absurd "narratives" circulate around the mainstream media that are sure to cause this country more trouble - as any set of pernicious untruths will.
One popular new lie is that US oil production is suddenly so robust that America is about to become a leading world oil exporter again - which is completely untrue. The lie arises at the intersection of wishful thinking and the willful misuse of statistics. It was trumpeted by the appallingly credulous Tom Friedman in his Sunday New York Times column, of all places, and it shows how effective the oil and gas industry's propaganda campaign has been.
A lot of the wishing comes out of the shale oil and shale gas sectors. Those TV commercials you see around the news hours on the cable networks are designed to extract investment capital from elderly people who have been swindled in the bond markets and don't know where to stick their dwindling retirement funds. Shale oil and gas must seem like a good bet to them, especially the ones marooned in retirement housing clusters in dismal places like Arizona and Florida, where not being able to drive is a virtual death sentence.
The US government is in on this propaganda offensive, especially the Department of Energy's Energy Information Agency (EIA), which routinely issues overly optimistic reports about future oil production. The political spin is a quixotic effort to promote another commonly touted lie about the future: that the US is approaching a point of "energy independence." You'll know we got there when you have to walk to your new job weeding the potato fields. The mendacity behind this propaganda is strictly the wish of politicians to avoid telling voters the truth, out of sheer cowardice for the consequences. US Energy Secretary Steven Chu will go down in history as a pathetically passive quisling, who thought he was honest and patriotic by standing in the background and keeping his mouth shut.
In fact, a lot of the propaganda behind the current madness is based on the incapacity of Americans to imagine daily life without all the cars. One very active drummer on the propaganda scene is John Hofmeister, former CEO of Shell Oil. About a week ago he debated Tad Patzek, a petroleum engineer from the University of Texas. {See below for the embedded video.--P.Z.] Hofmeister's rap is based on one central fallacious idea: that American life can only continue if we keep all the cars and trucks running. Any other outcome is unthinkable, off the table. To put a finer point on it, he insists that our national identity and destiny are tied to "personal transportation," code for car dependency. The debate was therefore absurd and Patzek was way too polite. He never challenged Hofmeisiter's core idea.
The public's gross misunderstanding of these issues arises over a set of mis-statements made in recent years especially focusing on the Bakken shale oil basin on North Dakota, the various shale gas plays around the country, and the tar sands of Canada (which so many spinmeisters seem to regard as belonging to the United States). The true state of the US oil industry is that we only barely stalled a 40-year decline in oil production by throwing massive amounts of money (capital) at oil reserves that are very expensive and difficult to get. In so far as we've entered the terminal stage of a long debt cycle, one thing we can be sure of is a shrinking pool of real capital investment. Hence the frantic propaganda effort to funnel remaining available money into the shale plays.
A companion fantasy to all this is that the US has a hundred year supply of natural gas. President Obama is guilty of this whopper. (One commentator, financier Bert Dohmen, made the ridiculous claim in a recent podcast on the Financial Sense News Network, that the US has a thousand year supply.) These are the kinds of irresponsible statements that will eventually inflame a public yet again swindled by authorities they desperately want to trust. The truth is we probably have perhaps a seven-year supply of shale gas, and maybe 20 of all gas including the regular old conventional gas. And even that could easily be reduced by the disorders in capital formation now underway in the destabilizing banking sector.
In any case, all this wishing and lying is about to collide with price volatility to make the American voting public absolutely batshit crazy with dread and anger. That, of course, will only prompt more lying, whopper-spinning, and grievance-flogging in the political arena. It will be nearly impossible for the public to evaluate reality. In the meantime, those disorders in banking and financial markets are close to running out of control. Events are tending ever closer to criticality. I believe they will be expressed in political violence around the major party conventions this summer. Those will be interesting fog-lifting weeks.

Sunday, February 26, 2012 A Snarky Guide to Peak Oil

Everyone Has Feet of Clay

Elizabeth Warren

Ron Paul

If what I hear is accurate, that Ron Paul intends to withdraw troops from around the world, only to install them on the border between the United States and Mexico, then I don't like that at all.

Monday, February 13, 2012

Lookalikes: Bashar al-Assad and Glenn Quinn

Glenn Quinn, who played Becky's boyfriend Mark on Roseanne and the president of Syria, the aptly-named Bashar al-Assad.

Saturday, February 11, 2012

Whitney Houston Dead!

I just logged onto the Internet at 4:15 P.M. and saw a headline announcing the death of Whitney Houston at age 48. Immediately I turned on CNN. It's all over the news.

L.A. Times: Houston Found Dead at Beverly Hilton Hotel in L.A.

(The first CD I ever got, on Christmas Day 1991, was Whitney Houston (1985), her self-titled debut album.)

Thursday, February 09, 2012

Give Her All Your Luvin'

The new song by Madonna, featuring Nicki Minaj and M.I.A.

Sunday, February 05, 2012


Some thoughts off the top of my head: The Komen group was compromised long before this controversy. I would donate to Breast Cancer Action.

Breast Cancer Action
55 New Montgomery Street, Suite 323
San Francisco, CA 94105

Friday, February 03, 2012