Do We Need a Federal Reserve for Energy? - John Hofmeister

Complete video at: http://fora.tv/2008/10/16/Is_Big_Oil_Part_of_Our_Energy_Problem_or_the_Solution_

John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy, advocates for the creation of a National Energy Resources Board -- a non-partisan, non-political organization that could develop and oversee long-term plans for energy reform.

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John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy, suggests that America's current energy crisis is due to an inherent flaw in the U.S. government, and that fairly radical steps may need to be taken to remedy it.

John Hofmeister was appointed Shell US Country Chair and president of Shell Oil Company in March 2005. Prior to that, he was senior vice president of corporate affairs and human resources for Shell Oil Company.Prior to joining Shell, Hofmeister served as vice president of International Human Resources for AlliedSignal Inc. He was responsible for developing and implementing AlliedSignal's Asian and European human resources strategy and infrastructure for its Aerospace, Automotive and Engineered Materials businesses.

Hofmeister currently serves on the boards for the American Petroleum Institute and the National Urban League. He is also a member of the National Academy of Human Resources and is chairman of the Advisory Committee of the Center for Advanced Human Resources Studies at Cornell University.He received a bachelors and master degrees in political science from Kansas State University.

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[Aaberg123]

"John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy"

How much conflict of interest can ONE man contain?

[tjbayliss]

what a retard!

the federal reserve caused the current global crisis.

they print fake money, and force the entire world to buy oil in that fake currency

then they print more and more all the time, causing inflation

and cause everyone has to buy oil in that fake currency

we have global hyperinflation!

WELL DONE AMERICAN FEDERAL RESERVE DUMB FUCKS.

[idontbelieveinDeath]

Now they want a monopoly on energy production and use? AMERICANS WE ARE RUNNING OUT OF TIME

[idontbelieveinDeath]

1:31 The Federal Reserve CAUSED THE GREAT DEPRESSION! Ben Bernanke even said so!

[mtklaric]

this guy proposes just more of the same....he is sincere but saying that we need a new managing beaurocracy with a board of directors; federal and regional...is just asking for trouble....the board of directors would immediately be bought by the corporations....why not let the market decide??..

[beancube2008]

There is some interesting interpretations:

/wiki/Marx%27s_theory_of_human­_nature

in wiki pedia

[jonz23m]

umm did he seriously say that the fed does a good job?? damn how many nutcases r allowed to give speeches these days?

[Tygryss84]

comunism welcome back ...

now I see that Marx was righ - give people democracy and they will turn int in to comunism :) (or sth like that - don't remember exactly)

[nadadreamer]

Dumb ass- 1) just 2 periods of excess, I mean financial bubbles. LOL

2) skip fed bureaucracies create tax Long term tax incentive for private industry to solve problem

3)Oh well, at least I grew up free- Thanks WW II genrattion

[Redfingers]

Ha ha ha ha.

Right with you, brother.

[adamproskiw]

When the rioting starts I'm going to look for this asshole.