Monday, April 02, 2012

Wall Street actually sees oil stocks as a sustained investment. Amazing.

Wall Street has no intentions of letting the American people, or any populous for that matter, off the mat. They will wrestle with unpopularity forever if they can get away with it dragging global economies down without a thought to the morality of it all. It is up to the people of any nation to make choices and proceed with a value system that works for them.

It hasn't been enough to prove the damage fossil fuels do and have done to the environment, not to mention the damage drilling does to the land, these companies have no intention of stopping their drilling, fracking or oil sands processing. They are interested in profit at any cost, regardless, of how impoverished it makes their customers.

It is up to the people of the USA to stop using fossil fuel energy and make choices that will change their quality of life. The era of fossil fuels is over and their government should have been preparing the country for the time it was unrealistic to continue. This is completely ridiculous and the decades of Republicans with lack of vision for the USA has stranded its people to the ravages of Wall Street.

...If you listen to the daily noise, (click title to entry - thank you) you could end up buying at the highs when the markets are up huge and everything looks great, but then you could end up selling with a loss when markets are ugly and fear of a financial collapse from Europe is hitting the headlines. While the world economy faces multiple and serious challenges, recessions don't last forever and the global population continues to grow. Eventually that means more need for housing, energy, food, etc. Oil stocks could be one of the best sectors to invest in as the world economy recovers....