So why Americans keep complaining about the gas price ? that they are broke and can no longer afford it, it is not reflected in the car figures sales...

Acquired bad ways are stronger than high gas prices?

TT: For decades we were told that we would all get to be richer and richer, we believed that we would all become a millionaire and even a billionaire. Of course, with very cheap gas we also believed that we would all have three or four 3+ tons gas guzzlers per family and live in $1++M homes. Expanding, limitless credits would make it happen. The American Dream would go on and on.

Reality checks happened in the 1920s and in the early 2100s. We all know what happened when it busted in 1929 and again in 2006/2007. Following the 1929 bust, we had a 10+ year recession which ended with WW2. The latest bust is very far from being over. Even by going $14+T in debt, the Fed has not managed to fix it. Jobless are more and more numerous. With 150,000 new potential workers every month, creating only 18,000 jobs/month is not going to fix the current unusually high unemployment rate.

Many well informed people are convinced that we will not manage to pull out of the current crisis unless we manage to redesign the current financial structure and introduce appropriate checks and balance. Wealth has to be better distributed. The Monopoly Game cannot keep on. Directors, Managers, speculators, many professionals, etc cannot rake it 2000 times more than the average worker without paying much taxes. That will have to be fixed.

You guys need to grok the official acknowledgment of LANR-CF excess heat generators by the Chief Scientist at NASA, and MIT, Stanford, George Mason etc. Yes the same NASA that's behind climate change now admits we have working over-unity technology. It is very green, non-radiative and currently produces about 10X input power.

TT is correct. "- they do not think like we want them to." And they will not be controlled by our monopoly on energy any longer. Arghhh!

ALL the old rules are on the chopping block. Centralized energy, oil, gas, old school utilities - will go the way of AGW - out of business. Unless they start to tow the line and invest in new energy systems.

As for debt, etc... depends on who you believe:

http://www.youtube.com/watch?v=brlo4qqkDZ8

Talk about "reality?" - make people laugh.

Harvey & TH.

“Expanding, limitless credits would make it happen ["we would all get richer and richer, .. become a millionaire and even a billionaire...have three or four 3+ tons gas guzzlers per family and live in $1++M homes].”

No, it caused the housing bubble.

It put people in houses they could not even afford to rent.

And yes; “Even by going $14+T in debt, the Fed has not managed to fix it [jobless rate/recession]“

There is much wrong with the current financial structure and there must be continuous efforts to adjust/improve appropriate checks and balances, but the fault lies with the politicians like those who hand out exemptions to their own Obamanation of a health care plan, to those who support their party.

You would entrust such people with the power to confiscate from the achievers?

I believe the increasing power of special interests, big business and unions is that we do not demand the highest level of integrity of our leaders, they have taken the job to lead the country, but they “emulate” businesses by selling what they have; us.

Businesses are supposed to make a profit by selling what they have.
To do so they must make what buyers want.

From this situation as you paint it, how does it follow that “. Wealth has to be better distributed.”

If you want to rake in 2000 times more than the average worker, become a skilled director, manager, speculator, professional; don’t just confiscate it from those who are.

If a player in the minor leagues understands that he can make as much money as one in the majors, not by taking the money from him, but by consistently batting over .400, why can’t you?

Are Americans buying bigger vehicles to haul around Americans THAT are bigger (fatter) than ever before?

Toppa Tom

BS, there is no economy that can succeed if the wealth redistribution doesn't work, Americans workers work more hours than in any developed country, they need 2 jobs to make a leaving, still the middle class is loosing ground when the riches, thanks to the accumulated tax cuts of Reagan and Bush and also the growing size of the capital gain, are just stock piling the wealth when the country is sinking in its debt. Never before the selfishness and the cynicism of the wealthy but also the corruption of the political class had reached such levels. Why should we spend money in education and health of the masses ? just start a war (or 2) to keep them busy when they are unemployed so that they don't complain, or let them just die, that's what america is all about.

TT...you identified some of the imbalances but you seem to want more? America will continue to be in a crisis situation as long as those unjustified imbalances have not been properly addressed. Otherwise, a 1929 style major longer lasting crash is in the wind. The perceived energy crisis is a mini part of it.

ejj...good points but the majority is not there yet.

TH.... wish that many more would start to see it. The majority still believe in Santa Claus.

SJC...your assessment is correct but you are ahead of the majority.

harvey d,

Why is that the Obamunists have increased the government's fleet of limousines by 73% in only 2 and 1/2 years? Do as I say, but not as I do?

The useless incompetent crackpots in this Administration singlehandedly decreased the US auto fleet economy with their 3 massive purchases of 3 mpg limousines.

The perceived energy crisis is a mini part of it.

Er, have you guys not gotten the memo? The energy crisis resolves around excess (green) energy - not limited energy.

NASA's Chief Scientist Dennis Bushnell acknowledged the number one energy development is LANR-CF physics, typified by Andrea Rossi's E-Cat and Randy Mills' black light catalyst.

Game over.

It is well known that if people that are not rich have income they spend most of it, that is a flow. Rich people will put the rest into hedge funds which have increased 10 fold in the last 10 years.

Treehugger the reason the wealthy are getting richer is they are investing in china and india and various other places. You have 3 million americans investing say 10 million each in various projects around the world... and getting 13-15 million back if they are lucky. In 10 years most of those 3 million will have lost.. on average about 2.25 million of them will have lost enough they fall out of the top bracket many falling very far. But they are all replaced with even more new rich people who then roll the dice and again most fall the next decade.

The problem right now is they are rolling the dice in china and india and everywhere.. but mostly not here. Because the odds are crappy here so few wana play the game here.

The gop wants to try and get them to play more here but they just arnt likely to come and play in the numbers we need.

We simply need a better way of getting them to play here while harnessing that power to run this country our current method is driving alot of them elsewhere and robbing us of trillions in the process.

In 2000 there were 1000 hedge funds, now there are 10,000. There is an estimated $10 trillion under management and the funds are seeking maximum return with minimal risk. That does not create job growth in the U.S. 2001-2008 saw only 10% of normal job growth and sub par IPOs.