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    <title>keithfeather's Comments</title>
    <description>keithfeather's Comments RSS Syndication from SeekingAlpha.com</description>
    <link>http://seekingalpha.com/user/112434/comments</link>
    <item>
      <title>A Long-Term Look At Inflation</title>
      <link>http://seekingalpha.com/article/1066961/comments?source=feed#comment-12675921</link>
      <guid isPermaLink="false">12675921</guid>
      <content>
        <![CDATA[The take away seems to be that CPI and BLS inflation is true and is low, and that it will continue.  The raw data seems to indicate that the indicated low inflation is a result of a lowering of capital and labor costs, all the while the ten year average cost of raw materials (food, energy, minerals ) is escalating at a healthy clip.  This is different than the 70's, where input costs were immediately passed through and not offset by government input. It works for now.  ]]>
      </content>
      <pubDate>Mon, 17 Dec 2012 07:29:00 -0500</pubDate>
      <description>
        <![CDATA[The take away seems to be that CPI and BLS inflation is true and is low, and that it will continue.  The raw data seems to indicate that the indicated low inflation is a result of a lowering of capital and labor costs, all the while the ten year average cost of raw materials (food, energy, minerals ) is escalating at a healthy clip.  This is different than the 70's, where input costs were immediately passed through and not offset by government input. It works for now.  ]]>
      </description>
    </item>
    <item>
      <title>The Biggest Threat To Stocks, Bonds, And GDP Growth</title>
      <link>http://seekingalpha.com/article/1062241/comments?source=feed#comment-12568011</link>
      <guid isPermaLink="false">12568011</guid>
      <content>
        <![CDATA[Business borrowing is up, and cash position is up.  If this is a smart move, then it seems to me that corporations are counting on buying assets after a shake out.  New equipment is not getting cheaper.  ]]>
      </content>
      <pubDate>Thu, 13 Dec 2012 12:53:46 -0500</pubDate>
      <description>
        <![CDATA[Business borrowing is up, and cash position is up.  If this is a smart move, then it seems to me that corporations are counting on buying assets after a shake out.  New equipment is not getting cheaper.  ]]>
      </description>
    </item>
    <item>
      <title>Omaha Hold 'Em: Going All-In On Berkshire Hathaway</title>
      <link>http://seekingalpha.com/article/1058551/comments?source=feed#comment-12514751</link>
      <guid isPermaLink="false">12514751</guid>
      <content>
        <![CDATA[I just calculated the 10 year dollar cost average return for BRK/B, and am surprised it is as high as it is, 8.27%.  And fairly steady.  <br/><br/>Not my cup of tea, though.  ]]>
      </content>
      <pubDate>Wed, 12 Dec 2012 08:56:43 -0500</pubDate>
      <description>
        <![CDATA[I just calculated the 10 year dollar cost average return for BRK/B, and am surprised it is as high as it is, 8.27%.  And fairly steady.  <br/><br/>Not my cup of tea, though.  ]]>
      </description>
    </item>
    <item>
      <title>Why The Next Few Years Will Be Incredible For Commodity Investors</title>
      <link>http://seekingalpha.com/article/1032041/comments?source=feed#comment-12077041</link>
      <guid isPermaLink="false">12077041</guid>
      <content>
        <![CDATA[Thank you for the reply.  The colloquial use of pedigree in my small circle is meant as humor, and hopefully didn't offend.<br/><br/>I agree with your assessment up to the point of the national dividend being used to retire debts.  My experience is that most people do what they believe to be in their best short term interests, and that, for the majority of Americans, is to satisfy their wants.  The average private retirement savings are a good indicator.  ]]>
      </content>
      <pubDate>Thu, 29 Nov 2012 12:39:06 -0500</pubDate>
      <description>
        <![CDATA[Thank you for the reply.  The colloquial use of pedigree in my small circle is meant as humor, and hopefully didn't offend.<br/><br/>I agree with your assessment up to the point of the national dividend being used to retire debts.  My experience is that most people do what they believe to be in their best short term interests, and that, for the majority of Americans, is to satisfy their wants.  The average private retirement savings are a good indicator.  ]]>
      </description>
    </item>
    <item>
      <title>Why The Next Few Years Will Be Incredible For Commodity Investors</title>
      <link>http://seekingalpha.com/article/1032041/comments?source=feed#comment-12035691</link>
      <guid isPermaLink="false">12035691</guid>
      <content>
        <![CDATA[Your pedigree is incredible. My comment is for my education.  If a government issues dollars to its citizens by creating government held debt, isn't that by definition increasing the purchasing power of Joe Public?  In the extreme, if Washington gave every citizen $10000 for Christmas by a QE or foreign sale of debt, wouldn't there be more money chasing fewer goods, and if the number of goods stayed the same, wouldn't the price go up?  And if the only way for a government to reduce its overwhelming debt was to do just that, isn't that our future?  I'm missing something.  ]]>
      </content>
      <pubDate>Wed, 28 Nov 2012 10:59:35 -0500</pubDate>
      <description>
        <![CDATA[Your pedigree is incredible. My comment is for my education.  If a government issues dollars to its citizens by creating government held debt, isn't that by definition increasing the purchasing power of Joe Public?  In the extreme, if Washington gave every citizen $10000 for Christmas by a QE or foreign sale of debt, wouldn't there be more money chasing fewer goods, and if the number of goods stayed the same, wouldn't the price go up?  And if the only way for a government to reduce its overwhelming debt was to do just that, isn't that our future?  I'm missing something.  ]]>
      </description>
    </item>
    <item>
      <title>Rare Earths Get Run Over</title>
      <link>http://seekingalpha.com/article/1010561/comments?source=feed#comment-11642741</link>
      <guid isPermaLink="false">11642741</guid>
      <content>
        <![CDATA[Rare earth elements would be more appropriately called difficult to refine elements, as they are not especially rare in nature. Refining is energy intensive and creates environmental byproducts which are difficult to manage.  Their sourcing from countries with lax environmental controls or government encouragement is expected.  The recycling market was not addressed, which is the more interesting aspect of investing here.  ]]>
      </content>
      <pubDate>Thu, 15 Nov 2012 11:31:47 -0500</pubDate>
      <description>
        <![CDATA[Rare earth elements would be more appropriately called difficult to refine elements, as they are not especially rare in nature. Refining is energy intensive and creates environmental byproducts which are difficult to manage.  Their sourcing from countries with lax environmental controls or government encouragement is expected.  The recycling market was not addressed, which is the more interesting aspect of investing here.  ]]>
      </description>
    </item>
    <item>
      <title>Principal Reductions Begin In Earnest</title>
      <link>http://seekingalpha.com/article/577621/comments?source=feed#comment-5340911</link>
      <guid isPermaLink="false">5340911</guid>
      <content>
        <![CDATA[Right you are.  He actually eliminated &quot;stagflation&quot; replaced it with the record inflation that peaked by 1981, and then restored us to normal growth by 1983.  A necessary and timely response to the situation at hand.  ]]>
      </content>
      <pubDate>Fri, 11 May 2012 11:13:01 -0400</pubDate>
      <description>
        <![CDATA[Right you are.  He actually eliminated &quot;stagflation&quot; replaced it with the record inflation that peaked by 1981, and then restored us to normal growth by 1983.  A necessary and timely response to the situation at hand.  ]]>
      </description>
    </item>
    <item>
      <title>Principal Reductions Begin In Earnest</title>
      <link>http://seekingalpha.com/article/577621/comments?source=feed#comment-5337231</link>
      <guid isPermaLink="false">5337231</guid>
      <content>
        <![CDATA[How about a good bout of inflation to cure the problem?  Remember 1978-1982?  No one was underwater who owned a house with a mortgage. A little Volker 20% inflation for a few years and the problem is solved.  ]]>
      </content>
      <pubDate>Fri, 11 May 2012 10:15:22 -0400</pubDate>
      <description>
        <![CDATA[How about a good bout of inflation to cure the problem?  Remember 1978-1982?  No one was underwater who owned a house with a mortgage. A little Volker 20% inflation for a few years and the problem is solved.  ]]>
      </description>
    </item>
    <item>
      <title>Principal Reductions Begin In Earnest</title>
      <link>http://seekingalpha.com/article/577621/comments?source=feed#comment-5337131</link>
      <guid isPermaLink="false">5337131</guid>
      <content>
        <![CDATA[LOL]]>
      </content>
      <pubDate>Fri, 11 May 2012 10:13:24 -0400</pubDate>
      <description>
        <![CDATA[LOL]]>
      </description>
    </item>
    <item>
      <title>JP Morgan Chase $2 Billion Derivatives Loss Illustrates Toxicity Of Casino-Banking</title>
      <link>http://seekingalpha.com/article/580631/comments?source=feed#comment-5336931</link>
      <guid isPermaLink="false">5336931</guid>
      <content>
        <![CDATA[Is it really a hedge if the writer of your CDS does not have the ability to pay off in the event of a loss?  That I believe is the fundamental issue at hand.  If a large enough loss is actually anticipated, then the survival of the issuing companies requires that the &quot;insurance&quot; not be accessed, usually through some sort of revaluation of the underlying security.  Seems like deception at the least.  ]]>
      </content>
      <pubDate>Fri, 11 May 2012 10:09:01 -0400</pubDate>
      <description>
        <![CDATA[Is it really a hedge if the writer of your CDS does not have the ability to pay off in the event of a loss?  That I believe is the fundamental issue at hand.  If a large enough loss is actually anticipated, then the survival of the issuing companies requires that the &quot;insurance&quot; not be accessed, usually through some sort of revaluation of the underlying security.  Seems like deception at the least.  ]]>
      </description>
    </item>
    <item>
      <title>Cramer's 3 Misguided Comments About Berkshire Hathaway</title>
      <link>http://seekingalpha.com/article/400271/comments?source=feed#comment-4337631</link>
      <guid isPermaLink="false">4337631</guid>
      <content>
        <![CDATA[Splitting Berkshire into two periods , pre 1998 and post 1998, and you get a real eye opener on annual returns.  A three decade run of 28% return is exceptional.  The last 14 years not so much.   ]]>
      </content>
      <pubDate>Wed, 11 Apr 2012 17:04:29 -0400</pubDate>
      <description>
        <![CDATA[Splitting Berkshire into two periods , pre 1998 and post 1998, and you get a real eye opener on annual returns.  A three decade run of 28% return is exceptional.  The last 14 years not so much.   ]]>
      </description>
    </item>
    <item>
      <title>Cramer's 3 Misguided Comments About Berkshire Hathaway</title>
      <link>http://seekingalpha.com/article/400271/comments?source=feed#comment-4290931</link>
      <guid isPermaLink="false">4290931</guid>
      <content>
        <![CDATA[Just went to sharpcharts to provide real numbers for total return.  Their site only goes back 3338 days, so the numbers are slightly different than 1998 comparison.  Total return for BRK.A is 76.2%.  Total return for DIA is 76.4%.  Looks like a wildly successful investment that BRK.A.  <br/><br/>So for at least 3338 days, about 9 years, its been a dead heat with putting your money into DIA ETF. <br/><br/>I reiterate, what a disappointment.  ]]>
      </content>
      <pubDate>Tue, 10 Apr 2012 12:58:06 -0400</pubDate>
      <description>
        <![CDATA[Just went to sharpcharts to provide real numbers for total return.  Their site only goes back 3338 days, so the numbers are slightly different than 1998 comparison.  Total return for BRK.A is 76.2%.  Total return for DIA is 76.4%.  Looks like a wildly successful investment that BRK.A.  <br/><br/>So for at least 3338 days, about 9 years, its been a dead heat with putting your money into DIA ETF. <br/><br/>I reiterate, what a disappointment.  ]]>
      </description>
    </item>
    <item>
      <title>Cramer's 3 Misguided Comments About Berkshire Hathaway</title>
      <link>http://seekingalpha.com/article/400271/comments?source=feed#comment-4290501</link>
      <guid isPermaLink="false">4290501</guid>
      <content>
        <![CDATA[Conveniently ignoring dividends in your arguement doesn't change the analysis.  ]]>
      </content>
      <pubDate>Tue, 10 Apr 2012 12:44:24 -0400</pubDate>
      <description>
        <![CDATA[Conveniently ignoring dividends in your arguement doesn't change the analysis.  ]]>
      </description>
    </item>
    <item>
      <title>First Solar: Sun Spots Obscuring Its Real Value?</title>
      <link>http://seekingalpha.com/article/488211/comments?source=feed#comment-4282621</link>
      <guid isPermaLink="false">4282621</guid>
      <content>
        <![CDATA[&quot;At some point, ......    government subsidies will come back.&quot;<br/><br/>Pretty much says it all.  ]]>
      </content>
      <pubDate>Tue, 10 Apr 2012 09:40:20 -0400</pubDate>
      <description>
        <![CDATA[&quot;At some point, ......    government subsidies will come back.&quot;<br/><br/>Pretty much says it all.  ]]>
      </description>
    </item>
    <item>
      <title>The World's Most Hated Energy Source</title>
      <link>http://seekingalpha.com/article/399921/comments?source=feed#comment-3023541</link>
      <guid isPermaLink="false">3023541</guid>
      <content>
        <![CDATA[burn coal, feed a tree.]]>
      </content>
      <pubDate>Wed, 29 Feb 2012 08:13:28 -0500</pubDate>
      <description>
        <![CDATA[burn coal, feed a tree.]]>
      </description>
    </item>
    <item>
      <title>Cramer's 3 Misguided Comments About Berkshire Hathaway</title>
      <link>http://seekingalpha.com/article/400271/comments?source=feed#comment-3023421</link>
      <guid isPermaLink="false">3023421</guid>
      <content>
        <![CDATA[BRK has been a disappointment since 1998.  They have been consistently beaten by such mundate businesses as telecom and tobacco hands down.  Maybe it's just not possible to get decent returns from a lumbering giant, but if that's the case, a dividend and or share buyback is timely.  Maybe Buffet overstayed.  Way to much hype for way too little return.  ]]>
      </content>
      <pubDate>Wed, 29 Feb 2012 08:05:14 -0500</pubDate>
      <description>
        <![CDATA[BRK has been a disappointment since 1998.  They have been consistently beaten by such mundate businesses as telecom and tobacco hands down.  Maybe it's just not possible to get decent returns from a lumbering giant, but if that's the case, a dividend and or share buyback is timely.  Maybe Buffet overstayed.  Way to much hype for way too little return.  ]]>
      </description>
    </item>
    <item>
      <title>The Real Estate Market Just Hit Rock Bottom</title>
      <link>http://seekingalpha.com/article/359691/comments?source=feed#comment-2589051</link>
      <guid isPermaLink="false">2589051</guid>
      <content>
        <![CDATA[lets see, carrying costs of residential real estate?  2% real estate taxes, 1.5% insurance, cost of money  4.5%, and real estate inflation running at 3% or less courtesy of the Fed?  Near a bottom?  hah.  Zero inflation helps those who don't borrow money.  Residential hell courtesy of the fed.  ]]>
      </content>
      <pubDate>Sun, 12 Feb 2012 18:16:38 -0500</pubDate>
      <description>
        <![CDATA[lets see, carrying costs of residential real estate?  2% real estate taxes, 1.5% insurance, cost of money  4.5%, and real estate inflation running at 3% or less courtesy of the Fed?  Near a bottom?  hah.  Zero inflation helps those who don't borrow money.  Residential hell courtesy of the fed.  ]]>
      </description>
    </item>
    <item>
      <title> As rumored earlier, Greek debt restructuring talks have collapsed, with private bondholders unwilling to accept the IMF's insistence of a greater than 50% haircut. &quot;Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach,&quot; says the IIF chief (negotiating on behalf of the bondholders). </title>
      <link>http://seekingalpha.com/currents/post/110005?source=feed#comment-2171653</link>
      <guid isPermaLink="false">2171653</guid>
      <content>
        <![CDATA[Which banks sold the CDS on greek debt?]]>
      </content>
      <pubDate>Fri, 13 Jan 2012 12:34:47 -0500</pubDate>
      <description>
        <![CDATA[Which banks sold the CDS on greek debt?]]>
      </description>
    </item>
    <item>
      <title>A Second Great Recession Is Possible In 2012</title>
      <link>http://seekingalpha.com/article/314667/comments?source=feed#comment-2115955</link>
      <guid isPermaLink="false">2115955</guid>
      <content>
        <![CDATA[Thanks r.wayford, well said.  ]]>
      </content>
      <pubDate>Mon, 19 Dec 2011 13:00:30 -0500</pubDate>
      <description>
        <![CDATA[Thanks r.wayford, well said.  ]]>
      </description>
    </item>
    <item>
      <title>The Student Debt Bubble</title>
      <link>http://seekingalpha.com/article/314168/comments?source=feed#comment-2111350</link>
      <guid isPermaLink="false">2111350</guid>
      <content>
        <![CDATA[Spending huge amounts of money (going to expensive college) without doing an economic analysis (ROI if you will) on the product (college degree) is the problem.  Anyone with a student loan problem just can't do math.  The borrowing is just an extension of the real problem.  Blame yourself if you have student loan debt.  Parents need to blame themselves if they gave Johnny their retirement for school without a reasonable expection of a great return.  ]]>
      </content>
      <pubDate>Fri, 16 Dec 2011 16:20:17 -0500</pubDate>
      <description>
        <![CDATA[Spending huge amounts of money (going to expensive college) without doing an economic analysis (ROI if you will) on the product (college degree) is the problem.  Anyone with a student loan problem just can't do math.  The borrowing is just an extension of the real problem.  Blame yourself if you have student loan debt.  Parents need to blame themselves if they gave Johnny their retirement for school without a reasonable expection of a great return.  ]]>
      </description>
    </item>
    <item>
      <title>Demographics Of The Lost Generation</title>
      <link>http://seekingalpha.com/article/310399/comments?source=feed#comment-2111336</link>
      <guid isPermaLink="false">2111336</guid>
      <content>
        <![CDATA[Having children in that generation, I'm compelled to say that success requires putting down the video games you love, releasing the technology that consumes your productive time, and going out into the world with a hunger to win in real life. Those tech wonders you love so much are as much of a detriment to your success as any economic condition. ]]>
      </content>
      <pubDate>Fri, 16 Dec 2011 16:14:23 -0500</pubDate>
      <description>
        <![CDATA[Having children in that generation, I'm compelled to say that success requires putting down the video games you love, releasing the technology that consumes your productive time, and going out into the world with a hunger to win in real life. Those tech wonders you love so much are as much of a detriment to your success as any economic condition. ]]>
      </description>
    </item>
    <item>
      <title>Who's The Sucker?</title>
      <link>http://seekingalpha.com/article/314288/comments?source=feed#comment-2111327</link>
      <guid isPermaLink="false">2111327</guid>
      <content>
        <![CDATA[Absolutely correct, Paul. Those of us who played by the rules are the suckers at the table, even if not invited. ]]>
      </content>
      <pubDate>Fri, 16 Dec 2011 16:08:22 -0500</pubDate>
      <description>
        <![CDATA[Absolutely correct, Paul. Those of us who played by the rules are the suckers at the table, even if not invited. ]]>
      </description>
    </item>
    <item>
      <title>Morgan Stanley Bets On Long Recession And I Disagree</title>
      <link>http://seekingalpha.com/article/314426/comments?source=feed#comment-2111301</link>
      <guid isPermaLink="false">2111301</guid>
      <content>
        <![CDATA[Recessions end when inflation starts.  During uncertain time, only inflation can spur risking capital in industrial investments.  The gold standard of the 1930's made that unlikely and that is a prime difference today.  Controlled, predictable inflation will lead us out of recession.  Not a moment before.  ]]>
      </content>
      <pubDate>Fri, 16 Dec 2011 16:00:07 -0500</pubDate>
      <description>
        <![CDATA[Recessions end when inflation starts.  During uncertain time, only inflation can spur risking capital in industrial investments.  The gold standard of the 1930's made that unlikely and that is a prime difference today.  Controlled, predictable inflation will lead us out of recession.  Not a moment before.  ]]>
      </description>
    </item>
    <item>
      <title>The Convergence Between Retail Gasoline And Natural Gas Prices</title>
      <link>http://seekingalpha.com/article/314226/comments?source=feed#comment-2111291</link>
      <guid isPermaLink="false">2111291</guid>
      <content>
        <![CDATA[Aside from the unfortunate use of the word parity, a nice article.  Natural gas generally suffers from inelastic pricing, resulting in hesitation to grow uses until the price is out of whack, and then the inevitable price spike.  A stable supply, very long term contracts and expansion of industrial uses for natural gas should be a national priority.  Shipping LNG overseas, not so much.  ]]>
      </content>
      <pubDate>Fri, 16 Dec 2011 15:55:31 -0500</pubDate>
      <description>
        <![CDATA[Aside from the unfortunate use of the word parity, a nice article.  Natural gas generally suffers from inelastic pricing, resulting in hesitation to grow uses until the price is out of whack, and then the inevitable price spike.  A stable supply, very long term contracts and expansion of industrial uses for natural gas should be a national priority.  Shipping LNG overseas, not so much.  ]]>
      </description>
    </item>
    <item>
      <title>The Elusive Credit Default Swap Payoff</title>
      <link>http://seekingalpha.com/article/303702/comments?source=feed#comment-2006816</link>
      <guid isPermaLink="false">2006816</guid>
      <content>
        <![CDATA[Perhaps selling protection on .... credit is suddenly the easiest money out there.<br/><br/>Suddenly? has the mortgage debacle faded already? Writing insurance without the need to pay off is always easy money.  Ask AIG, or Buffet. It's who you know when you're in a jam.   ]]>
      </content>
      <pubDate>Mon, 31 Oct 2011 13:13:20 -0400</pubDate>
      <description>
        <![CDATA[Perhaps selling protection on .... credit is suddenly the easiest money out there.<br/><br/>Suddenly? has the mortgage debacle faded already? Writing insurance without the need to pay off is always easy money.  Ask AIG, or Buffet. It's who you know when you're in a jam.   ]]>
      </description>
    </item>
    <item>
      <title>Home Prices Threatening Double-Dip but Dynamics Are Complex</title>
      <link>http://seekingalpha.com/article/265942/comments?source=feed#comment-1616472</link>
      <guid isPermaLink="false">1616472</guid>
      <content>
        <![CDATA[The overall discussion on real estate price declines leaves out the fundamental discussion that in the areas where the crash has been so devastating are generally where residential home buyers have been primarily land speculators.  These are areas where the structure on top of the land is a minuscule percentage of the value of the combined asset.  In areas where that is not the case, this housing crisis never occurred.  Overwhelming, the structure on the property has not fallen in value more than its age less improvements would indicate; the fall is in the speculative value of the land.  Is a residential lot really worth $5MM an acre?]]>
      </content>
      <pubDate>Wed, 27 Apr 2011 18:50:07 -0400</pubDate>
      <description>
        <![CDATA[The overall discussion on real estate price declines leaves out the fundamental discussion that in the areas where the crash has been so devastating are generally where residential home buyers have been primarily land speculators.  These are areas where the structure on top of the land is a minuscule percentage of the value of the combined asset.  In areas where that is not the case, this housing crisis never occurred.  Overwhelming, the structure on the property has not fallen in value more than its age less improvements would indicate; the fall is in the speculative value of the land.  Is a residential lot really worth $5MM an acre?]]>
      </description>
    </item>
    <item>
      <title>The Fuel Price Breaking Point</title>
      <link>http://seekingalpha.com/article/256887/comments?source=feed#comment-1512688</link>
      <guid isPermaLink="false">1512688</guid>
      <content>
        <![CDATA[Great macro article. ]]>
      </content>
      <pubDate>Mon, 07 Mar 2011 18:57:05 -0500</pubDate>
      <description>
        <![CDATA[Great macro article. ]]>
      </description>
    </item>
    <item>
      <title>Natural Gas Capacity Set to Grow by 50% Within 5 Years - Price to Remain Depressed?</title>
      <link>http://seekingalpha.com/article/253485/comments?source=feed#comment-1477557</link>
      <guid isPermaLink="false">1477557</guid>
      <content>
        <![CDATA[Situation is interesting.  What if this ridiculous price continues long enough that boardrooms believe it's the new pardigm, and a new infrastructure is developed to consume NG much as what happened when all the NG peaking stations were built and industrial coal power converted, and THEN the price normalized?  If the repeat occurs, HRSG, micro turbines, etc. rally, for a while.  NG supply is inelastic enough to cause ulcers.      ]]>
      </content>
      <pubDate>Thu, 17 Feb 2011 19:29:15 -0500</pubDate>
      <description>
        <![CDATA[Situation is interesting.  What if this ridiculous price continues long enough that boardrooms believe it's the new pardigm, and a new infrastructure is developed to consume NG much as what happened when all the NG peaking stations were built and industrial coal power converted, and THEN the price normalized?  If the repeat occurs, HRSG, micro turbines, etc. rally, for a while.  NG supply is inelastic enough to cause ulcers.      ]]>
      </description>
    </item>
    <item>
      <title>Evergreen Solar Retrenches</title>
      <link>http://seekingalpha.com/article/246144/comments?source=feed#comment-1402307</link>
      <guid isPermaLink="false">1402307</guid>
      <content>
        <![CDATA[You have to smile when an 11 year old company is still talking about &quot;burn rate&quot;.  ]]>
      </content>
      <pubDate>Wed, 12 Jan 2011 13:36:07 -0500</pubDate>
      <description>
        <![CDATA[You have to smile when an 11 year old company is still talking about &quot;burn rate&quot;.  ]]>
      </description>
    </item>
    <item>
      <title>Is There Still a Trade in Aluminum?</title>
      <link>http://seekingalpha.com/article/246012/comments?source=feed#comment-1402003</link>
      <guid isPermaLink="false">1402003</guid>
      <content>
        <![CDATA[Aluminum production cost is overwhelmingly driven by electric and gas costs.  The industry historically relocates to minimize those costs.  With the US push to eliminate grandfathered emission exemptions, leading to a more levelized electrical cost, a major shift in aluminum producer's profitability is likely.  The winners will be those who have the capital to reinvent their process plants to seriously minimize their energy consumption per lb.  The company that invests their cash first and best will win.  Short term profitability suffers, long term survival ensures greater long term profits.    ]]>
      </content>
      <pubDate>Wed, 12 Jan 2011 11:40:01 -0500</pubDate>
      <description>
        <![CDATA[Aluminum production cost is overwhelmingly driven by electric and gas costs.  The industry historically relocates to minimize those costs.  With the US push to eliminate grandfathered emission exemptions, leading to a more levelized electrical cost, a major shift in aluminum producer's profitability is likely.  The winners will be those who have the capital to reinvent their process plants to seriously minimize their energy consumption per lb.  The company that invests their cash first and best will win.  Short term profitability suffers, long term survival ensures greater long term profits.    ]]>
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