Which is of course exactly what has been happening. Inflationary expectations have escalated, as shown by the price of gold that international value of the US dollar, and Bernanke failed to raise interest rates correspondingly, leading to a vicious cycle, which is still under way as I post this.

There are multiple bans on oil drilling. Bush ended one of them, which had no immediate effect on oil drilling, for other bans in place. But it had immediate psychological effect. Oil prices immediate dropped about eighteen dollars, a huge drop, which the press is frantically trying to explain away with any explanation other than the glaringly obvious one.

If the politicians suspended enough bans that drilling actually became legal again, we would therefore see an immediate and considerably bigger drop in the price of oil, even before any actual drilling takes place, for sellers of oil, expecting competition to cut their prices in future, would sell oil right now, to take advantage of present high prices.

The price of oil is absurdly high, because sellers of oil observe that the high price is not leading anyone to go out and get more oil, from which they conclude that oil can only go higher still, so they might as well sit on it.

When I started writing this, McCain had the the most violently anticapitalist program of any presidential candidate, his cap and trade policy.

Obama, having started out at lunatic left in the primaries, is heading rightwards at high speed, and his “cap and trade” policy had become a mere pigovian carbon tax, making him considerably less anti capitalist than McCain.

McCain, finding himself outflanked, quietly dropped his cap and trade program altogether, bringing him to the right of Obama again, forcing me to rewrite.

The primaries produced two presidential candidates, one alarmingly anti capitalist and left wing, the other alarmingly anti capitalist, even more left wing, and anti american on top of it. I found it hard to believe that ordinary Americans would vote for either one of them.

It looks like they came to the same conclusion, because they both proceeded to head rightwards at high speeds.

But why vote for the lesser evil? Vote Cthulhu.

The author concluded that 9/11 was unsuccessful, in that it failed to intimidate Americans, and the American retribution was severe. He correctly predicted that the attempt to set up a new Caliphate in Bahgdad was much premature, and would be defeated, as it was. He recommends large amounts of small scale intimidation, which prescription we see being very successfully applied in the Middle East, France, and England.

it was only when the Army/Marines attempted to hold ground that the US military ran into trouble. These advocates maintain that the US military should never hold ground in the future

Who are “these advocates”?

The first step in subjecting Europe to dar al Islam is to establish liberated zones where the writ of the Christian state does not run. This is well under way in France, and is now beginning in England.

When state operatives, such as firemen, show their faces, they get thumped.  And if they want to show their faces without getting thump, they had best accept and enforce law acceptable to Islam. This produces, or in the near future will produce a number of benefits for the Muslims within such a zone. For example they won’t have to pay for electricity, nor pay rent to kaffirs, nor may kaffirs refuse to rent to them merely because of a well founded fear that no rent will be paid and no eviction will be possible. If a Muslim within such a zone commits crimes against kaffirs, police have little enthusiasm for looking into the matter, which situation will in future produce substantial benefits for Muslims at the expense of kaffirs, if it is not doing so already.

The Blackboard checks on how that prediction went

In 2001 they issued a new prophecy of doom, this time with the wrath of Gaia setting in rather more slowly. When the warmists tell you that observed climate change is occurring in accord their revelations, what they actually mean is that they are adjusting their revelations to accord with observations.