Conservatives want to terrify voters at the prospect of climate policy raising energy prices.
Meanwhile: "Wealth Evaporates as Gas Prices Clobber McMansions."
How long will we stay on this sinking ship?
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Conservatives want to terrify voters at the prospect of climate policy raising energy prices.
Meanwhile: "Wealth Evaporates as Gas Prices Clobber McMansions."
How long will we stay on this sinking ship?
David Roberts is staff writer for Grist. You can follow his Twitter feed at twitter.com/drgrist.
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zach Posted 2:13 pm
09 Jun 2008
I just need to get somebody to buy my truck and I'll be scot-free! We'll be a 1 car, 2 bike family.
zach
pennywise-poundfoolish.typepad.com
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maxgladwell Posted 5:04 pm
09 Jun 2008
Shareholders of GM and Ford, companies that didn't see the writing on the wall and failed to prepare for this (letting the dumb market dictate their products) are also paying idiot taxes (idiot losses).
There are so many repeated themes with the energy and mortgage crisis. They bought vehicles that they could only afford when gas prices were low; and they bought houses that they could only afford when money was cheap and easy to get. Now economics are catching up with everyone.
Unfortunately, these taxes are going to foreign governments as oil profits, which they use to purchase US assets like banks, which were distressed from the mortgage crisis. It's an ugly and vicious cycle.
MaxGladwell.com
The Nexus of Social Media and Green Living
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Kenny B Posted 11:40 pm
09 Jun 2008
I like to see folks get what's coming to them, but I feel a little bad for those who have been duped into believing that their lifestyle is sustainable. If our society were honest with itself, we could have seen all this coming a long time ago (i.e. previous energy crises)
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Tasermons Partner Posted 12:17 am
10 Jun 2008
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SMLowry Posted 3:46 am
10 Jun 2008
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SMLowry Posted 3:50 am
10 Jun 2008
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