Energy Security for the People
For working Americans, energy security means being able to afford to drive to work, heat a home, and keep the lights on.
Two views.
First, Daniel Gross.
Then, Yves Smith.
I'm with Smith. Even if *some* pecuniary benefit eventually accrues to the government's balace sheet, huge losses still loom, and the system remains dependent on us bailing out those responsible for the crisis, in effect enabling them to screw us again.