Bobco23

CEOs Must Bring Investors Along for the Ride (WSJ)

Having worked at senior levels of small and major corporations, I can tell you with complete confidence, there are dozens of highly qualified executives ready to take the helm in the event the current grossly overpaid CEO leaves in a huff over pay. There is no lack of top talent. Let the CEOs walk.

sonearsofar has the answer to the problem, seperate the CEO from the chairman of the BOD and change the way directors are nominated. Companies will not do this voluntarily. The current CEO/Chariman will not allow it. Sadly, the only hope is for the government (ugh) to change the rules for the election of directors. Until that happens, directors will be like minded as those who appoint them (the annual election is a Soviet style scam) and beholding to the CEO for their lucrative positions. Maybe the BAC fiasco will result in some of these needed changes. The government forced separation of the CEO and chairman are a good beginning.

Why Is Oil Trading at $53 When Supply and Demand Is So Bearish?

Artfuldodger, count me in on your co2 position. The only people who believe that manmade co2 is causing global warming are fools and those in on the scam.


On Mar 24 01:31 PM ArtfulDodger wrote:

> Fitz:
>
> Good article overall. Thanks. I'm a little early on some of the NG
> plays, such as DOM & SBR, but I agree that NG should play a bigger
> part in powering the nation before long.
>
> Have you ever been to the TN Valley? I travel the area every summer
> and I've not seen all the pollution you mentioned. If it's there
> and you've been there, point me to it. I'd like to see it myself.
>
>
> I'm not a hater of CO2 as you and so many are. We need more of it
> in my opinion. It is after all part of the all-important to all life
> photosynthesis.
>
> Thus, I go along with the view that because we've created more of
> it burning natural fuels, trees are more plentiful, more healthy,
> and humans and animals are as healthy as they are because of it.
>
>
> Keep up the good work. I like your writing in respect to investing,
> but I'd like to see you leave your ideology out of it. Besides, you're
> preaching to the choir on this site in respect to shutting down the
> use of natural fuels for power.

Book Review: Robert Hefner's 'The Grand Energy Transition'

Nice StarTrek view into the future.

Most of us will be dead before hydrogen becomes a viable, cost effective, and practical fuel. A lot of us older guys will be dead before solar has any significant impact for our energy sources. Solar works a bit locally, but the transmission loss to pump it from sunshine states to the rest of the country makes it impractical to be more than a minor component of a varied energy source. The same is true of wind, hydro, and tidal electric generators.

The environmentalist are incharge at the white house and congress, so we will dream the dream of "clean energy", subsidize unprofitable producers, and squander opportunities for practical solutions.

Those who see nat gas as the most viable transportation fuel are correct. Nuclear is the best for electric production, buy Harry Reid is killing this alternative by preventing a solution to the waste storage area problem. Electric cars are ok if they are hybrids using waste energy from the vehicle's motion, but if you consider the transmission loss on energy for true battery powered vehicles, you find that the total "cradle to grave" cost is prohibitive.

Foreign oil is among other things, a national security threat. We must get off of it as fast as we can.

Man-made global warming and CO2? Anyone who believes in this is either a fool or in on the scam.