markets and oil

I think these two quotes work well together:

Fortune's Andy Serwer on CNN. June 11, 2008:

"Every year we’re paying 700 billion dollars to import oil into this country. That is many multitudes more than we are spending on the war in Iraq. The war on Iraq, 100 billion dollars. So, if you think about it, think about all the attention that we are spending on the war in Iraq in terms of whether we should be there or not or withdraw. And then think about this quite monster problem: 700 billion dollars a year of imported oil. You hear nothing. There is no debate. That 700 billion dollars, a little bit goes to our ‘friends’ and a lot of it goes to people who aren’t really our friends. It affects our foreign policy it affects everything, to me it’s a disgrace that we are not addressing it…. Now, our global foreign policy is connected to the energy problems we have in this country."

Deepak Chopra on CNN Money. June 10, 2008:

"There are 2.2 trillion dollars that circulate in the world’s markets every day. Of this 2.2 trillion, less than 2 percent goes to provide goods and services for humanity, the rest of it is speculation money, making money for people who have a lot of money. Money is how we exchange our values. When we were hunter-gatherers our wealth came from weapons. When we were an agricultural society the wealth came from agricultural products and animal husbandry. In the industrial age it came from machines and oil. In the information age it came from a microchip, which is nothing but a piece of dust with information in it. As we move from an information based culture to a knowledge based culture to a wisdom based culture, money should come from those source that nurture the ecosystem, that reverse global warming…"