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Why gas is so expensive

Wednesday, June 04, 2008 by Dave Winer.

We're sending all the dollars we can print to China.  Permalink to this paragraph

What do you think they buy with the dollars? Permalink to this paragraph

1. Cars. Permalink to this paragraph

2. HighwaysPermalink to this paragraph

3. Gasoline. Permalink to this paragraph

4. Inflation (for us). Permalink to this paragraph

BTW, the Chinese "still live in an $80 per barrel oil environment," (thanks to government subsidies). Permalink to this paragraph

PS: This was inspired by a thread started by Steve Rubel on FriendFeed.  Permalink to this paragraph


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A picture named dave.jpgDave Winer, 53, pioneered the development of weblogs, syndication (RSS), podcasting, outlining, and web content management software; former contributing editor at Wired Magazine, research fellow at Harvard Law School, entrepreneur, and investor in web media companies. A native New Yorker, he received a Master's in Computer Science from the University of Wisconsin, a Bachelor's in Mathematics from Tulane University and currently lives in Berkeley, California.

"The protoblogger." - NY Times.

"The father of modern-day content distribution." - PC World.

One of BusinessWeek's 25 Most Influential People on the Web.

"Helped popularize blogging, podcasting and RSS." - Time.

"The father of blogging and RSS." - BBC.

"RSS was born in 1997 out of the confluence of Dave Winer's 'Really Simple Syndication' technology, used to push out blog updates, and Netscape's 'Rich Site Summary', which allowed users to create custom Netscape home pages with regularly updated data flows." - Tim O'Reilly.

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Last update: 10/20/2008; 8:22:33 AM Pacific. "It's even worse than it appears."

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