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[Gene GeRue <genegerue AT ruralize.com>]

California has 99.7 percent probability of major quake in 30 years;  
report
by Rich Bowden - Apr 14 2008, 23:13

http://www.thetechherald.com/article.php/200816/697/California-has-99-7-percent-probability-of-major-quake-in-30-years-report

Now, how many people do you think will make home location choices  
based on information like this?
> From Clansgian AT wmconnect.com  Sat Apr 19 10:52:12 2008
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> So, does that mean that the profits of Halliburton et al. are illusory?
Yes.


> Or that we won't have to cough up money for interest to the Chinese?

Yes.

The interest the Chinese have in holding American dollars is that on the 
world market you can't buy oil unless you have dollars.  We made an agreement with 
OPEC countries and others in the 70's that we would defend their sovereignty 
with our military if they would agree to only trade oil in dollars.  This is 
how the US has maintained its position as economic leader of the world while 
all the time we quit making anything, mining anything, and of late growing 
anything beyond what we want to put in our gas tanks.

The petro-dollar situation is changing rapidly.  When we talk about paying 
back the Chinese, what does that mean??   Printing up more and more bushel 
baskets full of green paper and giving that to them?  We do not produce any goods 
or services that the Chinese need or want in any quantity that could possible 
offset the tremendous debt we owe.  

In a real sense, what does "cought up the money" mean?  Print more?  In the 
end the Chinese would expect goods and services for their debt, not blips and 
paper.  What do you suppose we have that they need or want?

There is one thing the debt gives them, when they want more oil for their own 
use, they can use our money to bid up the price so high we can't afford it 
any longer.   </HTML>