It seems many people are living a life style set not only beyond their own means, but beyond the means of this earth. If we start to look at patterns around the world, it seems the biggest sign of madness was relying on false speculation to support a life style that is unsustainable.
Well.... it seems like a movie (but apparently it is real life) it looks like California's Judgment day will be August 1st 2009.
SAN FRANCISCO (Reuters) California nears financial "meltdown" as revenues tumble
Wow, things are changing fast.... So many layoffs, people moving away from California. It is becoming noticeable although the bitter-sweet story is there will no longer be HUMMERS made, following the formal bankruptcy filing of General Motors today. These cars are huge and dangerous on the roads.
Now, four months into his presidency, Obama has elevated energy and climate issues to near the top of his agenda; he has made them pop by packaging them as ways to create "green" jobs and reduce U.S. dependence on imports of foreign oil. Favoring pragmatism over moral suasion, the president is attempting to make a sharp shift in national policy on an issue that many voters have yet to embrace as a priority, advisers and lawmakers say.
His efforts, combined with those of congressional Democrats, have already pushed forward groundbreaking initiatives. February's stimulus act lavished money on projects for renewable energy, energy efficiency and energy research. This month, the White House announced that it had negotiated corporate, state and environmentalist support for higher fuel-efficiency and tailpipe-emissions standards that would clamp the first nationwide limits on greenhouse gases.
Finally, the House Energy and Commerce Committee on May 21 approved a bill that would take a cap-and-trade approach to curtailing greenhouse gas emissions, inching closer to a domestic legislative compromise that has eluded climate activists for the dozen years since the adoption of the international Kyoto accords.
