I came across the following article by Martin Hutchinson entitled Time to Do Something about Oil. He writes over at David Tice's Prudent Bear site. Now I have never met Mr. Hutchinson but I have read some of his stuff from time to time and have agree with many of his points but after reading this piece I have to wonder what he's smoking or drinking ! If you have not read the piece, please do as it illuminates the mentality of some out there who believe what's mine is mine and what's yours is mine. Prepare yourself for more and more of this type of thinking, if it can be called that, as many out there have no idea of what to do when the cheese gets moved.

Actually as the take and have mentality of the society we live in we should not be shocked by the hubris of Mr. Hutchinson's statements. Don't adapt or innovate to the changing landscape, just cling and claw to the old playbook, by force if necessary. Look at the global financial institutions, begging for relaxation of accounting rules pertaining to write downs. God forbid you take your medicine like a capitalistic big boy, no, whine and squeal like an infant.

The game has changed and they want to stay the same. Big problem. Side story. Most of you know the name Kareem Abdul Jabbar, all time leading scorer in the NBA and in my opinion the greatest player ever. Back when he was at UCLA by the name of Lew Alcindor at UCLA playing for John Wooden, (freshman were not allowed to play), they NCAA, outlawed the dunk after his sophomore season because he was so dominant. I know how unbelievably ridiculous this sounds, and so did the rules committee which is why they claimed it was about injuries and the equipment, but it is true, it was done to stop his dominance. Is this human nature?, to change the rules of the game when we start disliking the outcome? Don't like losses change the accounting rules? Avoid em' pretend they're not their. Don't like food prices? No problem impose price controls! ( mark my words this is coming people, count on it! ) No more easy accessible oil? Just saddle up the boys take someone elses'.

Lunacy, pure and simple.

I wonder what Mr. Hutchinson would have to say if the Chinese initiated plans with an eye towards our coal, or Canada's tar sands. Mr.