T Boone's scheme was larger than wind. Half of the plan is to require semi's (currently diesel) to switch to NG. This would raise the prices of NG significantly, thus electricity, which would then be offset with wind generated supply. Remember, T heavily invested in NG before this plan came out, and this scheme would have raised NG prices significantly. Unfortunately for T, the price of oil (for the semi's deisels) and NG collapsed and everyone lost interest in the NG powered semi scam, oops I mean scheme. So, those of you praising T for altruistically pushing wind, you really need to get up to speed on the entire plan-- it would have made T another fortune.
Nouriel Roubini, One on One: More Doom and Gloom [View article]
we are in a recession b/c we built 1.4 MILLION too many houses (no one wants them, and no needs more) and only God knows how many too-many cars at 16M a year and built up too much much personal and government debt. not MO, check the charts-- our bills are higher than our income. none of these problems were caused by expensive oil. M Roubini is a cloistered academic who consistently pushes government control. he is definitely wrong, and IMO he is dangerous because he is presented by people who want to control our lives as wise
The First 200 Days of Obamanomics Have Been an Economic Success [View article]
feel free to learn economics and history before you write more crap like this. anyone can pump up the economy briefly; the harvard Kennedy kids propped up the economy from 62 until they got booted in 1976, and cap ex and job creation were non-existent when they were done-- the entire decade of the 70's the economy ran on nothing but "stimulus" called inflation.
real cap ex and real jobs come from small business, and small business creation depends upon freedom from taxes and regulation, as has been re-proven the last 10 years. how much more failed stimulus PROOF do you need than bush's failed middle class tax cuts? you demand siders have a perception that is grounded in nothing but theory, you embarrass yourselves
Nuclear Power: Too Costly to Revive [View article]
one word: France. you can manipulate stats all day, and France makes nuclear power for 0.04/kW, which proves you wrong. China is building 9 plants now, hundreds planned. the big barrier to nuclear power is not waste, which could all fit in in a few salt domes, it is water. the anti-nuclear clean-techers are short sighted and long run will be wrong regardless
disappointed by the continuing flow of articles about FSLR that fail to distinguish between the technologies.
thin film is far less efficient (60% generally), so it takes up far more space. what you fail to understand is that the BOS (balance of system) is quite expensive, esp. on a utility scale installation, double esp. in land-short Europe. thin film BOS is far more expensive than Si BOS. Si is so cheap right now that there is no financial reason to install a larger, less efficient thin film system--dollar per dollar, thin film SYSTEMS actually are larger and more complex per Watt because of the BOS costs, even though thin film PANELS are cheaper. thus, FSLR is lowering prices drastically to compete.
thin film is incredibly risky, and most likely will wind up marginal at best. you will be lucky if FSLR sticks at $90, no higher (valuation at current Si wafer proces). if you want to invest in solar, stay away from the vertically integrated companies-- specialization almost always wins in the end, esp in high tech. LDK, STP. sold STP at 18 b/c it will be flat for a couple years, still long LDK, short FSLR
Obama's direct attack (which BTW were lies, lies, then damnable lies) on the small secured lenders who stood up to the big boys should scare the hell out of everyone. this is clearly not a man of honesty or integrity. who is next...
Employment: Minimum Wage, Maximum Stupidity [View article]
Congrats on some completely idiotic comments. Marx has been proven beyond a reasonable doubt to have an inferior plan to Smith. Confusing capitalism's competiton with class warfare is just embarrassing; the US has more rich people who were not born rich than any other country in the history of the world; you are simply, unarguably, wrong, yet you refuse to adjust your perceptions to reality-- I pity you. Feel free to learn some history, and feel free to check up on Europeans standard of living which has been falling steadily since the defense boondoggle ended in 1990. The minimum wage destroys entry level jobs, period, end of story, with no benefit whatsoever. Fact: 80% of poor people in this country are permanently unemployed, most of them trans-generationally. Fact: poor people who do work work an average of 20 hours a week. Fact: rich people in the US who work work an average of 50 hours a week. Your comments prove nothing but your ignorance
Jon Stewart Takes on Goldman Sachs [Video] [View article]
GS is not writing the laws and hiring the bureaucrats that are taking away your money and rights-- that would be the politicians (that jon stewart supported, BTW). stewart is funny, but he is a symptom of the problem
Employment: Minimum Wage, Maximum Stupidity [View article]
fighting yoda's comment that we should legislate unskilled labor out of existence is not just bad, it is retarded. first issue is freedom. who is yoda to tell me what i will work for, or you what you will pay me? that is fascism, pure, simple and evil. second issue is practical. someone has to learn how to do things that are low skill, and they should be paid how much they add to the product. third, who decides what is a living wage? now, that is retarded! finally, the result of yoda's mechanized universe is infinite inflation, impossible logically and mathematically.
what scares me is the the retards who thumbed him up; Howard Stern and John Stewart are not news kiddies, they are entertainment. you are all free to create businesses and pay people whatever you want; you telling me how much to pay my employees is Fascism. do not be a fascist, fight for freedom. you cannot be free when you are so horribly ignorant
Man-made global warming was blown out of the water in 2007 when the upper atmosphere temperature studies were finished; geologist are not even talking about it any more, they have considered it a hoax for years; and, climatology is still more art than science, yet billions (trillions?) of dollars in economic dislocation have been legally mandated at their behest. Carbon has increased from 320 to 390 parts per million (387.49 to be exact). MILLION. Large numbers of smart people have begun considering this theory as fact when IN FACT the studies are indicating that global warming is 1. natural and minimal and 2. not man-made. Bottom line? If you believe in man-made global warming, you can consider yourself in disagreement scientific fact, and in agreement with weathermen and bureaucrats.
I thoroughly enjoyed the EU admitting that Kyoto would not reduce carbon; the only thing better would have been him admitting that the point of Kyoto was to socialize the REST of the West's industrial capital.
It's Time to Sell Equities and Look to These 3 Areas [View article]
60% upside?! the market was ridiculously oversold in March, you need a baseline that makes sense. the dollar is down b/c everyone sold it to buy equities, it does not mean anything else; soon we will be overbought and everyone will sell equities and buy dollars, and then we will see more silly articles about what THAT means
keynesian economics do not work, they simply increase your fluctuations; this is not new, Friedman figured it out in 1976. FDR's economic policies were all failures, yet we have economists saying he pulled the plug on stimulus too soon in 1937-- stupid. There was never any capital growth during the FDR years. Friedman told us what to do (and turned out to be right on everything except the unions), and Volcker did it right once upon a time, but we are following the '62 harvard kiddies' playbook instead of the Friedman playbook. the entire decade of the 1970s was a recession, you don't see it because of inflation. the problem is evil 'economists' who either do not understand or cannot remember history. economics is simple-- if someone tries to tell you it is complex, or tries to explain it obtusely, that person is a liar. wealth only comes from cap ex, and people only invest in capital when they are free to experiment and enjoy the fruits.
Excellent article from one who learned from the past. Congrats to you traders who made money on this 'trader's rally', but if you think this auther is 'bitter' you need to grow up.
Hyper Prosperity Will Replace Hyper Inflation [View article]
engineers find solutions, lawyers find problems (<reformed lawyer). we need to encourage our children to become engineers, or they will work for chinese and indian companies instead of US. for the last 30 years, we have been 'fixing' the environment by stimulating green tech and the economy in general-- increasing consumption and total pollution. stupid. we are headed the way of the british empire, not roman, increasingly fat and stupid, then suddenly guilt-ridden and irrelevant.
S/DT, VZ and T think there is enough demand for LTE level capacity in 2011; for those of you who think this is a slam-dunk, over-capacity of data has burned a lot of investors twice in the last ten years, beware
back in 2001, my broker talked me into selling all my techs when NASDAQ passed 100PE. i hated him for a month or two, then loved him (full disclosure, insisted on keeping Q, ouch); last Oct, rebought everything i sold in august, then watched everything crash again in march, but those stocks are up and i continue to feel pretty good about value investing. if you know what your stocks are worth, then you can let the market come to you; there are almost always undervalued stocks to buy
T. Boone Pickens' Epic Wind Fail [View article]
Nouriel Roubini, One on One: More Doom and Gloom [View article]
The First 200 Days of Obamanomics Have Been an Economic Success [View article]
real cap ex and real jobs come from small business, and small business creation depends upon freedom from taxes and regulation, as has been re-proven the last 10 years. how much more failed stimulus PROOF do you need than bush's failed middle class tax cuts? you demand siders have a perception that is grounded in nothing but theory, you embarrass yourselves
Nuclear Power: Too Costly to Revive [View article]
First Solar Sell-Off Is Overdone [View article]
thin film is far less efficient (60% generally), so it takes up far more space. what you fail to understand is that the BOS (balance of system) is quite expensive, esp. on a utility scale installation, double esp. in land-short Europe. thin film BOS is far more expensive than Si BOS. Si is so cheap right now that there is no financial reason to install a larger, less efficient thin film system--dollar per dollar, thin film SYSTEMS actually are larger and more complex per Watt because of the BOS costs, even though thin film PANELS are cheaper. thus, FSLR is lowering prices drastically to compete.
thin film is incredibly risky, and most likely will wind up marginal at best. you will be lucky if FSLR sticks at $90, no higher (valuation at current Si wafer proces). if you want to invest in solar, stay away from the vertically integrated companies-- specialization almost always wins in the end, esp in high tech. LDK, STP. sold STP at 18 b/c it will be flat for a couple years, still long LDK, short FSLR
'Surgical' Bankruptcy for Chrysler [View article]
Employment: Minimum Wage, Maximum Stupidity [View article]
Jon Stewart Takes on Goldman Sachs [Video] [View article]
Employment: Minimum Wage, Maximum Stupidity [View article]
what scares me is the the retards who thumbed him up; Howard Stern and John Stewart are not news kiddies, they are entertainment. you are all free to create businesses and pay people whatever you want; you telling me how much to pay my employees is Fascism. do not be a fascist, fight for freedom. you cannot be free when you are so horribly ignorant
Energy: Zero Sum, We Lose [View article]
I thoroughly enjoyed the EU admitting that Kyoto would not reduce carbon; the only thing better would have been him admitting that the point of Kyoto was to socialize the REST of the West's industrial capital.
It's Time to Sell Equities and Look to These 3 Areas [View article]
San Francisco Fed's Dreary Outlook [View article]
Sucker's Rally Approaching an End [View article]
Hyper Prosperity Will Replace Hyper Inflation [View article]
S/DT, VZ and T think there is enough demand for LTE level capacity in 2011; for those of you who think this is a slam-dunk, over-capacity of data has burned a lot of investors twice in the last ten years, beware
Lessons from a Market 'En Fuego' [View article]