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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 5 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

triffid

His book is being sold on amazon.com He wrote a novel on the suppression of cancer cures but I believe that the suppression is real enough.


heres a little bit about the author---Ethan Evers has a PhD in Applied Science and received his MBA from the Kellogg School of Management. Working for over ten years in Product Development in a Fortune Global 500 company, he is the inventor of technologies covered by over thirty patents granted internationally. Ethan became intrigued by natural medicine when a family member used it to hold her cancer at bay for years before finally succumbing to the terrible disease. After years of researching the subject, he became appalled at how the cancer industry and a very complicit mass media appear to be underreporting-if not ignoring-an ever increasing mass of bona-fide science which supports alternative and natural medicine, even when that science is published in peer-reviewed medical journals. Ethan has worked and lived in the United States, Japan, and Canada, and currently lives in Europe with his family. The Eden Prescription is his first book.   triffid[/size]

triffid

I do believe that the concentration camps for Americans are coming simply because it happened before with the Japanese Americans in WW11.
History will repeat itself with some sort of crisis and within months of being detained supplies of food,blankets,heating oil ,etc will be running low.Once again a great tribute to our great leaders.They will show us we are far safer by locking them up than to allow them their freedom to be productive citizens.Than to allow them to have and operate businesses.Its better to sit in prison than to grow food on farms.They will say.
Farms are where they can get fertilizer for bombs,etc.Its enough to make my head hurt from all of the" what ifs".triffid

triffid

I don't believe It!!! Europe does not want our biodiesel and tells us so by slapping a tariff on it!So third parties get in on it.
Biodiesel production may die in the USA if certain tax credits are not extended!!!Once again a ploy to keep the oil companies in charge.
http://domesticfuel.com/2009/09/08/hero-bx-biodiesel-plans-to-lead-green-energy-revolution/    triffid

triffid

MORE BIODIESEL PROBLEMS IN EUROPE[/font][/size]
BRUSSELS (Reuters) â€" Europe’s biofuels industry said on Thursday it would lodge a complaint with EU trade authorities against companies they say are evading duties slapped on U.S. biodiesel imports.[/font][/size]
The European Commission, which oversees trade policy for the 27-nation bloc, imposed anti-dumping and anti-subsidy duties of up to five years on imports of biodiesel from the United States in May.[/font][/size]
But the Brussels-based European Biodiesel Board (EBB) said it had strong indications subsidized and dumped U.S. biodiesel continues to enter the EU market, either via third countries based on fraudulent declarations of origin, or through blends.[/font][/size]
“Against the background of persisting circumvention practices, the EBB General Assembly decided to proceed with the lodging of an anti-circumvention complaint to the EU trade authorities,” the group said in a statement.[/font][/size]
“If and when established, these practices will lead to heavy and retroactive financial penalties,” it said.[/font][/size]
The EBB said it would file the complaint in coming weeks, but did not identify companies it suspected were involved, nor gave figures, but a spokeswoman said the volumes involved were “substantial.”[/font][/size]
The EU’s anti-subsidy duties applied to imports of pure biodiesel and fossil diesel/biofuel blends with more than 20 percent biodiesel content.[/font][/size]
“We are seeing biodiesel blends not covered by the measures entering the European market,” the spokeswoman said.[/font][/size]
“We also suspect that pure U.S. biodiesel is being re-exported to Europe via third countries and re-labeled, especially in Canada.”[/font][/size]
“These two scenarios are in our opinion strongly undermining the effect of the EU duties.”[/font][/size]
Under the duties imposed by the Commission, U.S. agricultural processors and ethanol producers such as Archer Daniels Midland faced an additional duty of 359 euros ($541) per metric tonne of biodiesel exported to the EU.[/font][/size]

triffid

Let’s face it. Biodiesel can use all the help it can get.[/font][/size]
The production of biodiesel is being assisted by a $1 per gallon tax credit for companies that blend biodiesel with petroleum diesel. Passed in 2004, the subsidy helps to make biodiesel competitive with petroleum diesel and there was a boom in the construction of biodiesel plants soon after the legislation was passed.[/font][/size]
In 2007, legislation was passed in the U.S. Congress that is supposed to require the blending of 500 million gallons of biodiesel by 2009. And that was supposed to double to 1 billion in 2012.[/font][/size]
The Environmental Protection Agency is tasked to execute the requirements of the law. And, while things have been going along fairly smoothly concerning ethanol, the agency has not approved any rules pertaining to biodiesel. To make matters worse for the industry, there are new European trade barriers that block the export of U.S. made biodiesel to Europe. Many producers were depending on the European market until the U.S. market could grow.[/font][/size]
The result of all this is a reduction in the number of biodiesel plants in the U.S. For example Texas, which had 31 plants with the total production capacity of 726 million gallons a year, has seen half of them close. The problem is that diesel is not very popular in the U.S. Currently, biodiesel plants in the U.S. have the ability to produce about 2.5 billion gallons a year. However, more than half of that capacity is not being used.[/font][/size]
Now the $1 per gallon tax credit is supposed to expire on December 31. There is legislation pending in both houses of Congress to extend the credit. But it is said that the bill in the House of Representatives will have to be attached to another bill to give it any chance of passage. Moreover, the Congress is now emerged in other seemingly more important issues like healthcare and global warming. The biodiesel industry is fearful that the legislation will not pass before the end of the year.[/font][/size]
And even if the bill is passed in early 2010 and the credit is granted retroactively, the biodiesel industry will still suffer. That’s because producers just don’t have the capital to keep going with hopes that a bill will be passed. Companies that buy the biodiesel and then blend it to get the credit won’t buy the biodiesel if there is no tax credit. Analysts are actually saying that if the bill is not passed, then that could mean the death of the biodiesel industry in the U.S.[/font][/size]
Needless to say, the industry is worried. And the clock keeps ticking.[/font][/size]