ive taken this whole chevron thing as the first of the many corporate lifeboats that are jumping off the titanic. the ideas of mindless consumption, fraudulent accounting practice, and lobbying the federal government to get taxes to subsidize companies that cant turn over a profit have made our country weak. other countries with economies that arent based on fraud will have a very large advantage in the coming resource wars. we in the united states compete with eachother because of capitalism. other countries are more nationalistic, they look out for eachother. here in the u.s. its not about looking out for your neighbor or even nationalism. its about corporate power and i think that will be our undoing.
if anything in the world will make these corrupt corporate bastards think twice is a little bit of reality that starts to unwind their vast web of lies.
you cant throw millions of dollars at the truth expecting it to change its mind. the truth is the truth.
corporate power has basically become everything in the united states. the truth is that we as a people have only been in support of corporate power because it has brought us material wealth and prosperity, even if we've lost a lot of other rights because of that.
the corporations will lose the ability to bring prosperity as peak becomes evident. i smell a massive backlash on the horizon against the mainstream in politics and media because of rising gasoline prices.
i think chevron is being very smart in this marketing campaign. the problem has gotten too big to hide, everyone can see the giant pink elephant in the room right now. it's idiocy to deny it, and in being the first to recognize the elephant basically guarantees that chevron will be the last neck on the chopping block when the oil companies are made to be held accountable for fraudulent reserve estimates and future growth projections.
i dont think that shell will be the only american company that will have to revise its reserve estimates downwards.
on a lighter note, wouldnt it be funny if unocal was actually sold to china, and the chinese after acquiring their newfound prize found that 90% of unocal's reserve estimates were fictional?
that would make my day.
"It's a lot easier to get someone who's never been burnt to jump in the fire.." -me