Saturday, July 16, 2016

#IslamicState causing constipation for captialism

Led by the US, governments of the world, representing the top banks, are trying desperately to get to the oil in Kirkuk, Iraq. They have some access to it, but need a secure environment to pump it like they want.

Kirkuk is the last big reserve of easy-to-get oil. Capitalism is clogged with debt and heavily dependent on expensive liquid-fuel infrastructure. Every day a joule of oil costs more joules to produce. In some cases it is costing more to produce than it yields, but they continue at a net-energy loss and create more debt.

Getting the Kirkuk oil will only extend their system another 20 years or so, but they don't think long-term. They have destabilized the entire MENA region and brought great pain and suffering to the people there. Their strategy has been reduced to creating anarchy, leveling cities, and building huge tent cities for civilian refugees. Even Turkey may not escape them.

Even with all their power, a small state, barely two years old, will not let them have relief.

The solution is simple. Get off oil. The quickest and least painful way is to make urban buses fare-free and respond to the people's demand for more buses.

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