USG on Oil: Doing the Wrong Thing Righter….

01 Agriculture, 03 Economy, 05 Energy, 06 Family, 07 Health, 07 Other Atrocities, 09 Justice, 11 Society, 12 Water, Commerce, Corruption, Earth Intelligence, Government, IO Impotency, Power Behind-the-Scenes/Special Interests, Strategy, True Cost

Obama says ‘Drill, baby, drill.' Will new oil policy ease gas prices?

President Obama used his weekly address to announce steps to promote greater domestic oil production and reduce the burden of high gas prices. Republicans say it's not enough.

Big Oil's Political Ploy

Whatever else we might say about Big Oil in the United States, we have to give the industry credit for one thing: it has mastered the art of scamming us with a perfectly straight face.

Freshmen challenge energy subsidies

Pompeo and Labrador were joined by Grover Norquist of Americans for Tax Reform and Mike Needham of Heritage Action Fund. The two organizations joined a coalition of conservative groups in March, including Americans for Prosoperity, in a letter calling for an end to energy subsidies.

 

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Phi Beta Iota: US politicians have substituted ideology for intelligence (decision-support) and borrowing for thinking.  There is nothing intelligent in US energy policy, because there is no policy–just a long string of subsidies and hand-outs and tax exemptions.  The oil drilling decisions are an example of doing the wrong thing righter, instead of the right thing (Russell Ackoff).  The “policy” decisions are also hypocritical because nothing being decided today will have substantive effect in less than ten years.  Here's what an intelligent government would use to think about energy futures…and everything else, all together.

Secrecy News: F-35 “True Costs” Disclosed

03 Economy, 07 Other Atrocities, 09 Justice, 10 Security, 11 Society, Advanced Cyber/IO, Commerce, Commercial Intelligence, Corruption, Military, Officers Call, Peace Intelligence

F-35 SELECTED ACQUISITION REPORT DISCLOSED

The latest annual report to Congress (pdf) on the F-35 Joint Strike Fighter Program details the soaring costs and deferred production schedule associated with the program.  The report, which has not been publicly released, outlines total program costs from last year as well as per-aircraft costs and planned annual spending rates.

It's “a useful primer on the Pentagon's most expensive weapons program,” said one close observer of defense procurement.

A copy was obtained by Secrecy News.  See the 2010 Selected Acquisition Report (SAR) for the F-35, April 2011.

Phi Beta Iota: Congress has abdicated its Article 1 responsibilities across the board, but particularly with respect to war and the cost of war.  Coincident with the insanity of the US Intelligence Community claiming it can restrict the use of unclassified information in legal proceedings (See Drake Leak Case), what we have is a government that is “out of control” and incurring costs “in our name” that are unaffordable and often immoral as well as illegal.  Transparency of true costs is a major foundation for sane democratic policies.

The Age of De-Leveraging is Just Beginning

01 Poverty, 03 Economy, 07 Other Atrocities, 11 Society, Civil Society, Collective Intelligence, Commerce, Commercial Intelligence, Corruption, Cultural Intelligence, Government, IO Sense-Making
Chuck Spinney Recommends...

Phi Beta Iota: 10 more years of pain.

– – – – – – –

While the political elite obsesses over the rise in public debt, the US is on the cusp of an era of deleveraging — or more bluntly, a massive liquidation of private debt — the ramifications of which, in the best of times would be colossal, but could well be disastrous the irrational obsessions of our political elites work their magic.

The real policy question that will determine the future well-being of the vast majority of Americans is how liquidation of their private debts unfold — rapidly via rising waves of bankruptcies, foreclosures, and repudiations, as happened in the 1930s, or more gradually, which will require some kind of active intervention by government, and for which there is no real precedent, and clearly no acumen among the elites in Versailles on the Potomac.

Either evolutionary pathway will be painful, because the liquidation of private debt will require cutbacks that reduce aggregate demand and investment, thereby slowing growth and pushing the economy into a period of sluggish growth over the long term or into a depression (some economist argue we are already in a depression).

Continue reading “The Age of De-Leveraging is Just Beginning”

Decentralized Web Standard by W3C

Advanced Cyber/IO, Commerce, Commercial Intelligence, InfoOps (IO), Politics of Science & Science of Politics, Standards, Technologies
Sepp Hasslberger

When times are right, things do start to move…

ReadWriteWeb

This Could be Big: Decentralized Web Standard Under Development by W3C

By Marshall Kirkpatrick / May 5, 2011

Imagine a web where our browsers connected directly to each other to do voice, video, media sharing and run applications, using P2P and real-time APIs, rather than going through centralized servers that controlled traffic and permissions. That's a potent idea and if implemented properly could future-proof a part of the web from authoritarian crack-downs, disruptions by disasters and more. It could also establish a permanent lawless zone of connected devices with no central place to stop anyone from doing anything in particular.

It just so happens that something like that may now be under development in the most official of venues. The World Wide Web Consortium (W3C) announced today the formation of a new Web Real-Time Communications Working Group to define client-side APIs to enable Real-Time Communications in Web browsers, without the need for server-side implementation. The Group is chaired by engineers from Google and Ericsson. It sounds like Opera Unite to me (see video below), but democratized across all browsers. It sounds like it could be a very big deal.

Regional Metamorphosis & Social Architecture

Advanced Cyber/IO, Analysis, Augmented Reality, Budgets & Funding, Civil Society, Collective Intelligence, Collective Intelligence, Commerce, Cultural Intelligence, Earth Intelligence, Ethics, info-graphics/data-visualization, InfoOps (IO), Methods & Process, Open Government, Policies, Serious Games, Standards, Strategy, Technologies, Tools

May 10th: Let the Infinite Games Begin!

svii

At our April 6 SVII gathering Bill Veltrop, co-founder of the Monterey Institute for Social Architecture (MISA), introduced Regional Metamorphosis as a pragmatic strategy for accelerating our movement into an Age of Conscious Evolution. Jesse Clark and colleagues then produced a video that does a great job of capturing the intent and spirit of that evening.

At the conclusion of the April 6 gathering Howard asserted that Silicon Valley had what it takes to be a leader in a regional metamorphosis movement. Howard invited us to explore this possibility together at a May 10th gathering at Serena Software from 4-7 PM.

Questions for you:

  1. Are you a GRIP, a game ready infinite player? Check your “symptoms” against this profile. http://www.theinfinitegames.org/e02/02.php
  1. Does the idea of playing a key role in bootstrapping a Silicon Valley regional metamorphosis initiative intrigue you? Below are some of the key roles we see needed if we are to turn this large idea into a global movement:

TEN MOST WANTED EVOLUTIONARIES

  • Angel Investors
  • Multimedia Story-tellers
  • Transformational Leaders
  • Champions of Generative Initiative
  • Leader for a Center for Regional Metamorphosis
  • Bridge-Builders from Academia
  • Online Collaboration Web Weavers
  • Developmental Mavens
  • Providers of Generative Services
  • Regional Conveners
  1. Are you willing to join with other interested GRIPs at Serena Software from 4-7 on Tuesday, May 10? At this gathering we will be —
  • Getting to know who we are — what each of us cares about, and could bring to this emerging infinite game
  • Diving more deeply into the ideas presented on April 6
  • Exploring for the best approach to getting traction in Silicon Valley — and beyond

Requests

  • If you plan to attend, please register here.
  • Register for May 10th: Let the infinite games begin! in Redwood City, CA  on Eventbrite
  • The address is:
    Serena Software Inc
    1900 Seaport Boulevard,
    Redwood City, CA
  • If you can’t attend but are definitely interested, or if you have any questions, please contact Bill@MISA.ws or call at 831-462-1992
  • If you’ve a friend/colleague GRIP who is a good fit, please invite him/her to join us.
  • If you attended our April 6th gathering, you may find it helpful to refresh your memory with this video, http://vimeo.com/22894801
  • If you were not at the April 6th event it’s important that you invest the time to watch the video. The May 10th gathering will build on our April 6 work together.

Tip of the Hat to David Alan and Mark Roest.

Oil, Food, Middle Class Down = Long Emergency

01 Brazil, 02 China, 03 Economy, 03 India, 04 Indonesia, 05 Energy, 06 Family, 06 Russia, 07 Venezuela, 08 Wild Cards, 11 Society, Civil Society, Commerce, Commercial Intelligence, Corruption, IO Sense-Making
John Robb

D2 SCENARIO

I gave a little talk at a financial conference (Casey Research) that included the following very simple economic scenario:

  • Oil prices are going up (inexorably). China + Peak Oil + Financial diversification. Oil doesn't stop going up until GDP goes down. It's an inexorable force until then.
  • The US middle class is broken.  A hollow husk unable to withstand the slightest gust.  Regardless, it's the ultimate source of demand for the global economy. It's an immovable barrier.
  • When oil hits ~$150 a barrel the impact occurs between inexorable force and immovable barrier. The combo of higher prices at the pump and for everything else (food and other essentials) starts to crush middle class budgets and force defaults.  The economy shrinks until the price of oil goes down enough to be affordable again (for those still left in the middle class).

We keep repeat the pattern above until we're in the second depression (D2).  Long term low demand.

Phi Beta Iota: This is precisely why the BRICS (now including South Africa) and a new coalition, perhaps led by Cuba and Venezuela since Chile is refusing to lead, should focus on the immediate challenge of creating infinite free renewable energy–the foundation for global non-zero advances.  Such a strategy would be inherently ethical, legal, citizen-centered, and non-violent as well as non-intrusive on any conceivable concept of sovereignty or indigenous privilege.

Blackwater’s New Ethics Chief: John Ashcroft

Commerce, Commercial Intelligence, Corruption, Government
DefDog Recommends....

The consortium in charge of restructuring the world’s most infamous private-security firm just added a new chief in charge of keeping the company on the straight and narrow. Yes, John Ashcroft, the former U.S. attorney general, is now an “independent director” of Xe Services, formerly known as Blackwater.

Ashcroft will head Xe’s new “subcommittee on governance,” its backers announced early Wednesday in a statement. The subcommittee is designed to “maximize governance, compliance and accountability” and “promote the
highest degrees of ethics and professionalism within the private-security industry.”

Full Story

Phi Beta Iota: We don't make this stuff up.

See Also:

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

noble gold