#1
FTA: . The biographer Plutarch, writing 500 years after the glories of classical Greece, lamented that in his time weeds grew amid the empty colonnades of the once-impressive Greek city-states. In America, most would prefer to live in the Detroit of 1941 than the Detroit of 2011. The quality of todays air travel has regressed to the climate of yesterdays bus service.
#2
China suffers from the lack of a moral rudder. The communist suppressed not only religion as the west understands it, but also Taoism and Confucianism. Think of baby formula poisoned with melamine. Think what they might be tempted to put in the paint of the toys sold to the rest of the world's children.
The people of Taiwan see this distinction very clearly and have little desire to come under the domination of the PRC.
The US, still having a moral compass (no thanks to B. O. and his Chicago mob political machine) should not abandon Taiwan.
Posted by: Mike Ramsey ||
01/19/2012 12:59 Comments ||
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#3
The rudder is re-appearing. Fastest growing religion in China today? Protestant Christianity.
Posted by: Steve White ||
01/19/2012 16:44 Comments ||
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#9
If you take election politics out of the decision, then you are left with a fight between Big Oil and Big Green. Obama is all that is left between the green industry and cheap oil, and even cheaper gas.
Within four years, Canada Oil Sands production will be in the order of 4mil barrels per day. The current oil pipeline is capable of 1mil bpd. The Keystone pipe is also required to service the Bakken fields in North Dakota, but it will only take 1mil bpd additional. Eventually Keystone will get built. There is too much money involved not to. But it will spell the end of the green reneweable dream.
The balance of 3mil bpd will end up in China no matter what happens to Keystone. And Canada will not be complaining as every barrel delivered to the west coast is worth 15% more that any delivered to Texas. The difference is the world price vs the West Texas Crude pricing. That value is not trivial, as within 5 years that differential could amount to 13-14% of all Canadian government revenue.
Within 5 years, Canada will be the 4th or 5th largest oil producer in the world, with a population of only 35 million.
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