What financial and non-financial government folly in the history of American Independence occurred as a result of foolish government leadership in the 20th century. Even though we have experienced, we may be headed on a similar path in the 21th Century based on our current leadership’s management of energy needs?

The Chicago Tribune articles titled: Illinois buys into clean energy future, and Harris unveils blueprint for EV charging network reminded me of the proven previous follies of past government leadership folly that resulted in USA, with examples, to become less independent, subservient to other Nations, including sadly the cause of unnecessary Covid deaths.

Add that the folly is opposite the teachings of both ancient and contemporary financial independence, has been ignored by supposedly Government Economists in spite of warnings by both concerned citizens and concerned successful investors such as Warren Buffet on the dangerous path of reliance on Free Trade, Globalism, and Trade Deficits.

The Purpose of This Post

Is to related ancient and contemporary wisdom advice along with an idiom to hopefully obtain awareness to prevent a repeat of the same folly in current government leadership to repeat and will result in even greater folly of ignoring the need for Energy Diversification planning in the near future.

King Solomon Financial Wisdom Lessons (1000 BC)

Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth. –Ecclesiastes 11:2

Excerpt

“I like the balance of having 7-8 “eggs in the basket,” rather than just one that would leave us with nothing if it turned out bad. But also, not 200 minuscule eggs that are worth next to nothing individually.”

Idiom – A Chain is only as strong as its weakest link

Meaning – If one part of something is weak, it jeopardizes the integrity, quality, or effectiveness of the whole.

What’s My Point?

I have written previous posts to warn against shutting down existing coal, nuclear, and gas energy generation facilities because once shutdown, it takes weeks, months and even years to reopen if needed.

My point is if the USA Federal, not State government leaders do not have a long-range plan how to diversify energy source and power grids for addition recharging batteries sources for transportation, wind and solar for home and industry, it is going to be ugly based on some following past and recent examples already experienced it the USA.

Examples

1973 OPEC enacts oil embargo

2013 New York Blackout caused by electric power grind failure.

2019 New York City Blackout Caused by Power Grid’s Protection System Failing

2020 East Coast Gas Pipeline Hacked

2020 Shortages of N95 Masks invented in USA and outsourced to global sources along with 90 percent of medical protective equipment result in unscary deaths in USA

2021 Shortage of Computer Chips invented in USA outsourced from 62 percent being manufactured in USA to 12 percent causing plant closures and inflation.

In My Opinion

As a former Purchasing Manager, I still can remember the Purchasing teacher amazing all the pitfalls that may result from relying on a single source.

Many articles have been written to advice the need for diversification for financial reasons.

Many articles have been written about the folly of President Obama who state the USA is better off being a service Nation and manufacturing would never return to the USA.

Biden just approved spending 59 billion dollars of USA taxes to return computer chip industry to the USA.

In my opinion, the USA has achieved the greatest reduction of carbon pollution by allowing expansion of oil drilling during President Trump administration because gas is a byproduct of oil drilling. Use of gas instead of coal resulted in the huge decrease in carbon pollution.

If we add additional need for electric power generation which will result in less diversification of energy sources, it will reduce energy independence, add uglier social and economic incidents such as I just experienced while being in Florida when the pipeline was hacked and witnessed lines again and signs of out of gas at the six stations before I finally found one pump which still had premium only gas left in their tanks because it cost a dollar more than regular/

And by uglier, I mean in a Nation where citizens own over 400 million guns, as a former police officer, I have witnessed a lot of ugly social behaviors when people get angry, emotional and/or desperate.

All can be avoided if government leaders had manufacturing backgrounds instead of social and law backgrounds and/or were wise enough to listen to advice from proven experience concerned citizens about the issues of free trade, globalism, and need for diversification and long-range planning in government.

In other words, if government leaders in order to obtain votes from concerned environmentalist ignore the advice for long-range and long-range planning of energy transmission grids, and various now available power sources are shut down, another repeat government folly is in the future same as ancient King Solomon proven by history truths in the following verses:

“Meaningless! Meaningless!” says the Teacher. “Utterly meaningless! Everything is meaningless.” (Ecclesiastes 1:2)

What has been will be again, what has been done will be done again; there is nothing new under the sun. (Ecclesiastes 1:9)

If Interested

Read the Source Links below

You Decide

Should we question our present government administration leaders to produce long range plan for future energy needs, diversification, of power sourcing and transmission to prevent another folly in the future result in the USA becoming less independent and subservient to other Nations.

Will we all be stranded in our electric vehicles if the USA power grid is hacked again in a war, or the ransom demanded is in the trillions rather than the millions paid by the Biden administration for the oil pipeline fiasco this year?

Regards and goodwill blogging

Source Links

Seedtime – Financial Lessons from King Solomon

Previous Posts

https://rudymartinka.com/?s=Energy+Sources

Warren Buffet – Globalism

https://rudymartinka.com/?s=Warren+Buffet

Free Trade

https://rudymartinka.com/?s=Warren+Buffet