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Sounds like a bad conspiracy movie...or a good one, I'm thinking Syriana.

In the US, that would mean a coordinated effort from people in Washington, New York, Chicago, Atlanta and Houston, to ensure that people's minds were diverted from our own nonexistent energy policy (let the market sort it out), by parading the Russian bear before their eyes.

That's a hard one to swallow. Not that I don't think there are "gentlemen's agreements" in place, I know first hand that there are, but that's a big one to swallow nonetheless.

"It Can't Be Just About Us"
--Frank Schnittger, ETian Extraordinaire

by papicek (papi_cek_at_hotmail_dot_com) on Fri Jan 9th, 2009 at 07:45:09 AM EST
[ Parent ]
or nothing more than the 'conspiracy' to cut taxes on the rich and lower labor costs: it's directly profitable to big business, and it allows politicians to play the nationalist card ("I'm tough! Elect me to protect you against the evil external enemy!") and distract the population from the real underlying issues. The media is either complicit (Murdoch/WSJ types) or too lazy to look beyond the jingoism of the day.

The 'lack' of energy policy is one that makes banks and traders happy (Wall Street and the city), fits in the dominant narrative of 'markets are best' and provides cover for the utilities/energy companies.

As I've noted, the demonization of Russia was directly pushed by very public speeches by Cheney, Blair or Barroso in 2005/06, which the media had to cover, and which were supported by a lot of "analysts", and became conventional wisdom very quickly.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jan 9th, 2009 at 08:21:01 AM EST
[ Parent ]

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