Conventional wisdom posits the chief challenges facing the post-Cold War World are Global Warming and the decline of international institutions. But maybe that assurance is a species of Fake News. Suppose the most pressing problems in the next decade is finding new energy supplies to 1) keep the price of oil low enough to contain Russia (and Islamism); and 2) adapting to a disruptive information revolution no one can seem to control. Who will hand you that unconventional wisdom unless you come to it yourself.

Richard Fernandez is one of the most brilliant authors on the Internet. This week he wrote:

He’s right, as I explain, but the significance of his observation is this: which of the two candidates -- Hillary or Trump -- was more likely to tap into America’s huge energy resources to contain both Russia and the Islamists? And when you answer that as you must -- Trump -- you can dismiss all the folderol about Donald J. Trump Jr’s, 15 minute meeting in Trump Tower with a Russian lawyer as evidence of “collusion” with Russia. As I further explain, the non-stop media promotion of some nefarious scheme between Russia and Trump does not pass even the most cursory forensic examination, proving once again in the age of fake news, you cannot remain a passive consumer of news. You have to bring to each story the good sense and diligence with which you handle your most important personal affairs.

A. Russia and Environmental Groups

As Fernandez explained:

The oil crash collapsed the ruble and forced a 27% reduction in the Kremlin's military budget in 2016. With oil prices set to stay flat the Russians have to keep drilling and investing simply to stay level as the Oxford Institute for Energy Studies notes. The Kremlin doesn't make any real spending money until world oil price gets above levels before the great oil crash of 2014, which may not happen any time soon.[snip] You would think this a Eureka moment: to contain oil prices is to contain Russia (and Islamism). But cheap fossil fuels are not everyone's cup of tea. "Drill, baby, drill" is not popular on the left. Even though liberals understand the power of cheap energy -- one of Hillary's supposedly hacked emails even alleged anti-fracking and environmental causes were a Russian plot to depress oil production -- to advocate it is bad progressive politics. This probably led the Saudis to Hillary's camp in 2016. "According to Bob McNally, president of consulting firm Rapidan Group, countries in the oil-producing Middle East, including Saudi Arabia, are hoping for Hillary Clinton to become president."

If you’re looking for collusion with Russia, it is not to be found in the Trump Tower meeting. Paul Mirengoff of Powerline details the Russian efforts through environmental groups -- at best Stalin’s “useful idiots” -- to tamp down US energy production.

Lamar Smith, chairman of the House Science Committee, tells James Freeman of the Wall Street Journal: If you connect the dots, it is clear that Russia is funding U.S. environmental groups in an effort to suppress our domestic oil and gas industry, specifically hydraulic fracking. They have established an elaborate scheme that funnels money through shell companies in Bermuda. This scheme may violate federal law and certainly distorts the U.S. energy market. The American people deserve to know the truth and I am confident Secretary Mnuchin will investigate the allegations. To help Sec. Mnuchin conduct such an investigation, Rep. Smith, along with Energy Subcommittee Chairman Randy Weber, sent him a letter. They noted: According to the former Secretary General of NATO, “Russia, as part of their sophisticated information and disinformation operations, engaged actively with so-called nongovernmental organizations – environmental organizations working against shale gas – to maintain dependence on imported Russian gas.” Other officials have indicated the same scheme is unfolding in the U.S. Reps. Smith and Weber add that, according to public sources including a 2014 report from Republican staff on the Senate Environment and Public Works Committee, “entities connected to the Russian government are using a shell company registered in Bermuda, Klein Ltd. (Klein), to funnel tens of millions of dollars to a U.S.-based 501(c)(3) private foundation,” which supports various environmental groups. Klein denies this allegation. Regardless of the conduit for the money, the allegation of funneling appears to be substantial. Indeed, says Freeman, it appears to have been noted by none other than Hillary Clinton: If a document posted last year on WikiLeaks is to be believed, Clinton campaign staff summarized in an email attachment Hillary Clinton’s remarks on the subject during a private speech: Clinton Talked About “Phony Environmental Groups” Funded By The Russians To Stand Against Pipelines And Fracking. “We were up against Russia pushing oligarchs and others to buy media. We were even up against phony environmental groups, and I’m a big environmentalist, but these were funded by the Russians to stand against any effort, oh that pipeline, that fracking, that whatever will be a problem for you, and a lot of the money supporting that message was coming from Russia.” [Remarks at tinePublic, 6/18/14] Freeman suggests that Mnuchin commence his investigation by speaking with Mrs. Clinton, who “obviously knows the terrain.” He also thinks John Podesta would be a useful source.

Podesta is invested in and acts for a "green energy company backed by the Russian government."

B. The Media Has lost all Credibility, Serving as the semi-official newsroom for the Democratic Party

Just as Fernandez detailed the rise of Samizdat in Russia as the official press was uniformly distrusted, the growth on alternate media in the U.S. is disrupting the old news models .

Our trust hierarchies have collapsed. As with Soviet Russia, the "official" media sources are now distrusted as purveyors "fake news". To fill the gap a peer-to-peer grapevine, similar to the "friends and family", a samizdat is emerging to pick up the slack. Sonya Mann at Inc uses a startup to illustrate the growing division of society into trust groups. "Pax Dickinson wants to fund the revolution. Not a blood-in-the-streets revolution, but one where hardcore right-wingers can economically secede from the parts of society they vehemently dislike. "We need parallel everything. I do not want to ever have to spend a single dollar at a non-movement business.

Nothing so illustrates why the media has deservedly lost all credibility than its unending, overdone effort to fit any action on the part of the President or those around him into a narrative of Russia somehow colluding with him to defeat Hillary. This week’s take was the short meeting his son held with a Russian lawyer in Trump Tower last summer.

The clearest summary of the facts surrounding the meeting with Trump’s son last summer is to be found in The American Spectator. Scott McKay writes:

C. Donald J Trump’s son had every reason to believe that there was evidence of Hillary’s collusion with Russia

If this seems farfetched, consider this Veselnitskaya was barred from entry to the US until Loretta Lynch granted her an excedptional “immigration parole” to appear in a judicial proceeding; a federal judge considered -- but we can find no ruling -- her motion on January 6, 2016,to extend her stay by a week, and then with no explanation of how this occurred, she was back in the US on June of that year where she met with Donald J Trump Jr and attended as a front row guest a Congressional hearing on the Magnitsky act which imposed sanctions on Russia.

To add a dash of extra color to the story the media reported that with the lawyer was a “former Russian counter intelligence officer”, Rinat Akhmetshin. He denies this.

“I am an American citizen since 2009 who pays taxes, earned his citizenship after living here since 1994, and swore an oath of loyalty to the United States of America,”

Kayleigh McEnany in The Hill characterized this as a “conspiracy theory desperately in earch of evidence”.

In any event, isn’t it curious that those who claim to consider a meeting to listen to opposition research collusion, bought hook line and sinker the ridiculous-on-its-face Dossier concocted by GPS against Trump, a far more likely piece of Russian intel disinformation? Or why they ignore DNC officials meeting with Ukrainian government officials for dirt on then Trump campaign manager Paul Manafort.

Politico detailed the many ways the Ukrainians worked to help Hillary beat Trump. As you might guess, they indicated these efforts were “far less concerted or centrally directed than Russia’s alleged hacking and dissemination of Democratic emails.” Covering with the word “alleged” a smear without any evidence but for the mutterings of Crowdstrike, a private outfit which was the only investigation the DNC allowed , a misstep by the Comey FBI which let this pass.

In any event, Legal commentators on both sides of the aisle have confirmed there was nothing illegal about the meeting. I suppose we can’t expect much more of a press corps so stupid it mistakes the Star Spangled Banner for France’s La Marseillaise, and Bastille Day for the 100th Anniversary of the U.S. entry in WW I.

You’ll just have to work harder in the face of such ignorance and bias to find out what you need to know.