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Oil and Finance: The Epic Corruption Continues 2010-2012 Paperback – March 1, 2012
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- Peter Dabbene at ForeWord Clarion
About the Author
Top Customer Reviews
Learsy is not shy about throwing our own "enemies domestic" into the pot, either. Cronyism within and between the government, oil interests, and financial institutions are examined, and while the problems within this triumvirate are clearly and bluntly uncovered, Learsy offers insightful solutions as well.
While there are repetitions in the text, it is mostly due to the unique nature of the presentation of these essays - unique because the reader may read a "thread" of comments about a topic that spans five years to discover what has changed, evolved or improved - or has not! Over all, I found this book to be very interesting with quotes and reputable source data clearly cited.
I closed the cover wanting to call my elected officials and yell at them to make changes in government policy regarding the oil industry and the banking policies that allowed financial institutions to be bailed out with TARP money (your and my money!) This book will make you mad about what is being done and what is not being done by the policy-makers we elected into office.
Here are my initial observations:
1.The format of the "Table of Contents" is superior to any I have seen. It serves as a timeline suitable for an instructor to use as a lesson plan guide as well as an anchor point for the general reader.
2.The introduction is written concisely and with great respect for the reader who does not want to "read-a-book" prior to reading THE book.
3.The Afterward efficiently ties up the discussion with pertinent updates and "fuels" the reader's thoughts.
4.The Index is thorough and user-friendly
The above comments show the quality of research and thought that goes in to the presentation. Mr. Learsy writes with a structured brilliance for detail and organization while keeping the reader informed and "comfortably" on track. I appreciated the use of the word SOMNOLENT in the Afterword; an excellent description of our government agencies.
Yes, the book is long but so is the time in which all he writes about has been happening. There are years of observation and thought in Oil and Finance.
It is also apparent that despite the horrific facts, to his very last words, Mr. Learsy is a hopeful man. How very important hope is for any progress to be made in all challenging aspects of life.
The book is well written and factual and makes several good points. One in particular is that the oil producing countries (i.e., OPEC) will always keep on eye on what the market will bear and will (as told to me by the then VP of Iraq, Mr. Saddam Hussein, in 1978) that the price of oil will always be pegged at a price to make a US synthetic fuels industry seem uneconomical. The extent to which the US-based oil companies are also involved in similar thoughts is certainly worthy of consideration.
It is a pity that the book is not widely read by the politicians in Congress so that they might take steps to end the overbalanced independence of the US on foreign oil. However, I might ask would the politicians understand the book? And how many read the Huffington Post?
I can heartily recommend the book and Mr. Learsy is to be congratulated on his efforts at compiling the information. Many people to not read or subscribe to the Huffington Post and could find this book invaluable. In addition, would suggest that Mr. Learsy consider putting all of this information into a "book format" that may compete with (or complement) the books by Daniel Yergin.
Most Recent Customer Reviews
Odummer is just a banksta tool--FDR was a real Banksta--he single handly set the price of gold. I stopped reading when I read that tripe.Published on July 20, 2012 by John Shaeffer
This book is a must read for every American. An awesome book by one of the world's leading energy authorities.
When he speaks or writes, you can take it to the bank.