Monday, June 30, 2014

Poverty Above A Sea Of Oil

This report about poverty in oil-rich Texas also partially explains why the people of the Middle East hate the West and want us out of their lands:

http://www.nytimes.com/2014/06/30/us/boom-meets-bust-in-texas-atop-sea-of-oil-poverty-digs-in.html

Oil may be a boon to the rich, but it is a curse for the common man. We haven't dealt with that issue here in the US, and we certainly have not dealt with it anywhere else in the world.

The chickens are coming home to roost.

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