Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
Economic growth is hindered by social equality? Really? Really. So growth in the last decade should be higher than growth was during the 1950s and 1960s, when social equality (measured by income) was great.
Better yet, let's take away the vote from anyone with a net worth under $1 million, as the Founders intended. 10 states in 1790 had property requirements for voting, and with inflation the $1 million figure is probably a good estimate. www1.cuny.edu/portal_u...
No, but the company is changing direction under James Murdoch, and its results and stock chart now have more in common with Comcast than with other film or TV companies.
The announced change in direction is already built into how the stock is trading.
Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
The most dangerous thing we can do for our children's future is to throw up our hands and give up on democracy. Small "d." The power to change the system remains in the hands of the people, and for over 200 years our ancestors used that power to control the small elites that sought absolute control over our lives.
It's the flexibility of the American system, its ability to respond to challenges, even from the "malefactors of great wealth," that make this country great.
Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
Too often over the last decade the government has stolen from the middle class and its power has been used to give that wealth to the very rich. Not just through the tax code, but through criminality of various kinds.
When ideology doesn't even serve the interests of wealth, let alone the national interest, its principles have crossed a dangerous line.
Many of the Forbes 400 either inherited their wealth or "earned" it through manipulation of government largesse -- control of the public lands, control of the public's spectrum, and control of the government itself.
Utility Solar Projects: Local Shakedowns Could Destroy Investment Momentum [View article]
A pleasure to hear from a fellow Mitchell & Webb fan.
Usually such fees are assessed to defray the costs of the environmental impact of a project. This particular office-holder wants to pretend that a solar farm has the same impact as an oil field.
Higher Mileage Cars Can Send Message to the Market [View article]
Both GM and Nissan have each sold about 2,000 of their electric cars, the Chevy Volt and Nissan Leaf. venturebeat.com/2011/0.../ There are claims of malfeasance against dealers articles.latimes.com/2... but these are indications of strong demand and low inventory, not the other way around.
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
Whether any particular technology can scale to manufacturing, and whether that manufacturing can scale with steadily falling unit costs, is always a question. Companies like this are best analyzed by venture capitalists who can really dig into the details. Until they're operating, so you can see whether their claims are valid, I avoid them as investments.
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
It's off-topic, but I am also a great Mencken fan. He was a great writer. He was also a cynic. He disliked everyone, and everyone's motives. He was also very pro-German in his political sympathies.
Speaking of Germans. They are investing heavily in energy harvesting. They are maintaining a solid middle class lifestyle. They are not paying their ultra-wealthy thousands of times more than their average workers. They are also growing faster than we are. The fastest-growing state in the country, where it turns out the Blankenhorns hail from, just voted the Greens into government.
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
Compared with the government's tax breaks, grants of cheap leases, and other aid given to, say, oil companies?
Energy is the biggest industry around, by far. Harvesting energy is the way out of the price box that keeps us from growing the economy as a whole.
What's that worth to you? To me, it's worth at least as much as we're giving Big Oil. But all government aid to harvesting industries amounts to 3% of what we're paying the fossil fuel guys to rip us off.
Equalize the treatment of both industries and you might have a case, if harvesting doesn't grow.But despite the current government environment harvesting is growing, and at a very good rate. It will continue to grow.
And the country that invests the fastest in the new technology will reap the greatest benefit from it.
Utility Solar Projects: Local Shakedowns Could Destroy Investment Momentum [View article]
But why, in this case, is it a conservative Republican who never before in his life saw a tax hike or "fee increase" he could support? If he'll lie, maybe you ought to consider voting Democratic.
Growth in the sector is going to accelerate, not decelerate, as standards emerge for installation, as BIPV emerges, and as the price falls below $1/watt.
How much of that will be picked up by current players remains to be seen. Manufacturing expertise matters. Getting new concepts into mass production is going to accelerate change and challenge everybody. Engineering talent needed.
Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
Better yet, let's take away the vote from anyone with a net worth under $1 million, as the Founders intended. 10 states in 1790 had property requirements for voting, and with inflation the $1 million figure is probably a good estimate. www1.cuny.edu/portal_u...
News Corp.'s New Direction [View article]
The announced change in direction is already built into how the stock is trading.
Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
It's the flexibility of the American system, its ability to respond to challenges, even from the "malefactors of great wealth," that make this country great.
Fed Governor Sarah Bloom Raskin says financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1% is undermining the recovery. The disparities help “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth." [View news story]
When ideology doesn't even serve the interests of wealth, let alone the national interest, its principles have crossed a dangerous line.
Many of the Forbes 400 either inherited their wealth or "earned" it through manipulation of government largesse -- control of the public lands, control of the public's spectrum, and control of the government itself.
Utility Solar Projects: Local Shakedowns Could Destroy Investment Momentum [View article]
Usually such fees are assessed to defray the costs of the environmental impact of a project. This particular office-holder wants to pretend that a solar farm has the same impact as an oil field.
Higher Mileage Cars Can Send Message to the Market [View article]
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
Speaking of Germans. They are investing heavily in energy harvesting. They are maintaining a solid middle class lifestyle. They are not paying their ultra-wealthy thousands of times more than their average workers. They are also growing faster than we are. The fastest-growing state in the country, where it turns out the Blankenhorns hail from, just voted the Greens into government.
Why Solar Power Is Booming but Solar Stocks Are Not [View article]
Energy is the biggest industry around, by far. Harvesting energy is the way out of the price box that keeps us from growing the economy as a whole.
What's that worth to you? To me, it's worth at least as much as we're giving Big Oil. But all government aid to harvesting industries amounts to 3% of what we're paying the fossil fuel guys to rip us off.
Equalize the treatment of both industries and you might have a case, if harvesting doesn't grow.But despite the current government environment harvesting is growing, and at a very good rate. It will continue to grow.
And the country that invests the fastest in the new technology will reap the greatest benefit from it.
Utility Solar Projects: Local Shakedowns Could Destroy Investment Momentum [View article]
Is It Time to Short First Solar? [View article]
Higher Mileage Cars Can Send Message to the Market [View article]
Higher Mileage Cars Can Send Message to the Market [View article]
Is It Time to Short First Solar? [View article]
Is It Time to Short First Solar? [View article]
How much of that will be picked up by current players remains to be seen. Manufacturing expertise matters. Getting new concepts into mass production is going to accelerate change and challenge everybody. Engineering talent needed.