Art Rimbaud

$200 Oil Is Coming While We Waste a Perfectly Good Crisis (Part 3)

we can all agree that the goal needs to be energy independence from the Saudi's or whomever, but it's funny that you fail to appreciate that in derisively referring to the Obama administration as socialist, you are essentially advocating socialist solutions: mandated long-term government solutions that go against the expressed desires of the majority of the american population.

i'm also for more nuclear power, but the fact that no nuclear reactors have been built since 1976 is not evidence that there are no "free markets" with respect to energy:

a) what is the reason that no new reactors have been built since the '70's? if you can remember 3 Mile Island, then you know that anybody that was advocating them in the last 30 years would be doing so with 0 political backing. unless you are prepared to build them at the point of the gun and with the national guard providing security, good luck getting that through. last i checked, we were still a democracy.

b) do you advocate building nuclear reactors in the US without any oversight or safety standards? trick question - if you think that they should be regulated in ANY way at all, then you are anti-free markets, at least as its defined by the Chicago school and libertarians.

c) please demonstrate how, with the history of energy prices in the last 30 years, that someone building a nuclear power plant, would have had a higher ROI than someone that instead invested in conventional fuel refining (i.e. stock in Exxon Mobil, for instance). again, the free market argument fails you because it would clearly lead to the conclusion that investors were correct to buy stock in major oil refiners instead of nuclear reactors.

at the end of the day, the only countries that have been able to build nuclear plants or other large-scale alternative energy generating facilities have been socialist or at least quasi-socialist countries, so be careful what you call people.

Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term

the total lack of research in this article is amazing. yes, the Japanese (and German) auto companies do not have UAW-type benefits here in the US. but they also have nationalized healthcare and pensions in their home countries. that was part of the economic rationale for building their plants here - cheaper labor. sound familiar?

that being said, it's clear to me that President Obama will have an overwhelming incentive to implement what President Ford wanted to do in the '70's - raise gas taxes to (a) promote the fuel efficiency & energy independence agenda, (b) fund the Big 3 bail-outs, and (c) chop off Big Oil at the knees.

again, the fault is with the lazy American public (particularly the Baby Boomers) and their elected representatives who were too short-sighted to do this 30+ years ago, and would have created a healthy, globally-competitive US auto industry in the meantime.

Visa's First Annual Shareholder Meeting a Non-Event

Wow, you own a whole 20 shares! Damn dude, it's time to retire.

Actually, your sense of entitlement for owning all those share is pretty typical, so you're in good company complaining that VISA owes you unfettered executive access, an exciting presentation and valuable trinkets.

Too bad I own several multiples of your shares and feel they should have thrown you out on your a$$ for wasting everyone's time...

Fannie and Freddie Did Not Cause This Crisis

wow. i feel sorry for the 4 daughters being raised by the joseph goebbels. but i'm sure they will turn out as well as gov. palin's kids. then he'll be "raising 4 grandaughters" in no time.

the actual TRUTH is that it's McCain who's got the party ties to Fannie and Freddie.

the smears about obama ties to ex-Fannie and Freddie execs (inc. Franklin Raines) are just more Rep. swiftboating LIES.

"The non-partisan fact-check website Snopes.com looked into these smears, and their conclusions about Barack and the Fannie Mae executives shouldn’t be surprising: “None of them has (or apparently ever had) ongoing roles with the campaign as chief economic advisors.”

Not an adviser: Frank Raines
Barack estimates that he and Raines have talked for “maybe five minutes” in their lives, and Frank Raines himself even released a statement saying that he is “not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters.”

Not an adviser: Tim Howard
This supposed connection appears to have been made up completely out of thin air. Snopes.com writes, “We haven’t yet found any tangible connection between Tim Howard and the Obama campaign, however, much less any information supporting the claim that Howard is a ‘chief economic adviser’ to Obama.”

Not an adviser: Jim Johnson
Jim Johnson has never held a paid position with Obama for America. He volunteered to help Barack select a vice presidential nominee but stepped down after just one week."


fightthesmears.com/art...

How Merrill Lynch Moved Its 'Microwave Ovens'

I want my
I want my
SEC.

There's a great parody song in there somewhere. This will go down as one of the top memes of 2008. Props to Ms. Constable.