There is a way out. We can move to atomic energy and other alternative forms of energy, and in the meantime drill for, and HOARD, as much oil as we possibly can. For starters, we reduce significantly our dependance on foreign oil.
Next comes the good part. Eventually, oil will be the new gold, and will provide some backing to our currency. As long as we stockpile it, as much as we possibly can, we have that much more stability for our currency.
Hey, we stockpile gold and used it for years as a base for our currency, why not oil?
HWT,
I apologize for being off topic, but I could not find your email addy.
Four updates...forgive any redundance.
1) My site has moved. The new site is http://www.tygrrrrexpress.com
It requires registration, aka a username and password. This is to weed out the trolls.
2) My new radio show on Blogtalk radio is on every Wednesday 7:30-9:30pm PST, 10:30pm-12:30am EST.
Below is the clip of my debut show.
http://www.blogtalkradio.com/The...m/
TheGGRNetwork
3) My Presidential Campaign Commercial
www.News3Online.com
4) I am appearing at the laugh factory on Tuesday, July 22nd.
Right to Laugh night of conservative comedy for Tuesday, July 22 at the world famous Laugh Factory on the Sunset Strip (8001, just East of Laurel). 323-656-1336. Doors open at eight, tickets are just twenty dollars ($30 for VIP seating).
Stay well always, and let me know if you would like anything promoted.
eric aka the Tygrrrr Express
I dunno about fear in financial circles at the prospect of B Hussein Obama in the White House. It scares me to death in my own backyard.
Pagan,
There is some merit in the idea of backing a currency with a broad base of commodities. In Heinlein's novel "The Moon is a Harsh Mistress" the Bank of Hong Kong - Luna issued currency and backed it with everything from gold to deuterium.
Commenting by HaloScan
