Alan Young

Smart-Grid Technology Is an Investment Worthy of Stimulus Funding

I agree that the low amount of grid stimulus is disappointing. The most likely explanation is that is was not deemed stimulative enough in the short-term to have political value.

Important as it is to make the grid smarter, maybe the first priority is to make it more robust. We need to add renewable energy sources: wind and solar "farms"; and the biggest impediment is transmission capacity. This kind of buildout is essential, but it's also expensive and politically complex (due to jurisdictional rather than ideological issues, for a refreshing change). Small wonder this has been pushed to the bottom of the to-do list, not only by the current administration, but by the previous 2 or 3.

As Earnings Are Upon Us, Some Goldman Thoughts

If you like GS, then you must LOVE the merging of corporate and federal power.

The US Treasury has increasingly become a subsidiary of GS, using public money to benefit private bankers. When it was just a little back-scratching, nobody cared much. When it came to Hank Paulson seizing the power of life and death over major banking firms, and using it to enrich GS, the protests started. And it's only gotten worse.

This *baffles* you? Wow... good thing there's no useful information in your article, because it would be really sad if some naive reader were to rely on advice from someone so out-of-touch with the fundamental values of fairness and economic opportunity.

Time to Buy Infosys, Indian Outsourcers?

Very well-written article, thanks.