“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."
Wednesday, February 09, 2011
Peak Oil: "We are asleep at the wheel here" -Saudi Oil Reserves Overstated 300bn barrels – nearly 40%.
WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices:
US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%