it still has to clear the Senate, Prez, and Congress as a whole potentially...
tough row to hoe. more inflation won't improve our standard of living without pay raises which aren't probably going to happen.
look out for back doors. The comment regarding the FDIC...i saw somewhere how the FDIC was terribly under capitalized, and less than 1/10th or so (if i'm remembering correctly) of current deposits under 100k were even really insurable.
The Fed could give the FDIC cash and then the FDIC pass it to companies without a bill or a vote....The Fed has given money directly to Mexico without a Congressional vote...
I'm hesitant to believe that something good could actually come out of this "democracy" (really republic) at the federal level... If the bill is defeated...stay vigilant for backdoor attempts to disperse that money...
A First Look Inside the Fannie / Freddie Bailout Plan [View article]
hey jack, the same thing that has been happening to the dollar since 1913...inflation happens. fiat currency, bound to happen, but to really tickle your brain, ask why the aid package to Georgia over 1 billion, or countless others just like it over the years.....the USD is being deliberately weakened, over time, probably to make way for the Amero.
Loose lending was encouraged for this reason, and the money top gives away USD for the same reason.
there's my two cents.
--I kicked myself fot not buying Bear Stearns the Friday prior to the Monday bailout announcement... I wonder what this will do to FNM and FREs' stock prices...??
Rentech: Homegrown Synthetic Fuel On the Near Horizon [View article]
bobjou, i think its b/c CTL is only competitive if $/oil bbl is about $60-70/bbl. back in the 70's what was it, except for the oil shock, like 20$/bbl or something?
Rentech: Homegrown Synthetic Fuel On the Near Horizon [View article]
The main hitches are:
1) Heat comes from natural gas, which is subject to considerable price variation. If RTK would use solar PV and electic arc or something to produce heat, it would be more attractive. 2) Coal is used for electricity generation. The Fischer-Tropsch CTL process is about 70% efficient. One barrel of oil requires about 192kg of coal to to be produced usin CTL. This means we need a daily 4.4 billion kg increase to current coal output in order to meet 23 million bbl/day completely from coal. This is a very large increase in daily coal output, and challenging to meet.
Of course, a combined GTL, CTL, Wind, Solar, Biogas, Algae fuel will better address the petroleum crisis, and we probably will not rely solely on CTL.
But! CTL is expensive b/c 1) we need coal for power plants, 2) mining operations would need to be significantly increased to meet a new demand, 3) mining is polluting
But RTK is probably a good buy at this price...looking down the road.
The Obama/McCain Energy Charade: Nothing But Empty Ideas [View article]
What would bring me out to vote is if either candidate claimed they would support: 1) Polywell Fusion Research at EMC2 2) Coal to Liquid Technology (across the board)
America has lots of coal, it can be converted to petroleum with about 70% efficiency, and costs about 2X what oil does to produce.
As far as hydrocarbons go, 40 yrs of oil left globally, America has coal. Why not increase mining rate and use the coal? Environmentally dirty...so clean it up. Treat mining waste like nuclear waste.
I was hyped about Algal biopetroleum...then i found that it currently costs about $1,600.00/bbl to produce.
We have no patch to replace oil at present. Our best bet, America, is to use what we have: COAL.
what do you think about the intentional devaluing of the dollar? could explain some of the ridiculous cash giveaways that have haunted this system for almost 100 years. make way for unified N. American currency, kinda like the Eurozone... ?
No, the Financial Crisis Is Not Over [View article]
Oil will fluctuate, maybe it dips below 100 in the short-term. Ultimately, its non-renewable, 'civilization' has about 40yrs left of oil in the ground. If we don't develop algal fuels or some hydrocarbon substitute, practically everything falls apart. I highly doubt it will get that bad...since we are holding a solution with the algae.
On financials, on hope they keep dropping cause my shorts are around my ankles after this fucking rally.
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Latest | Highest ratedYour Oil Stocks Aren't Coming Back [View article]
What Happens When Banks Are Nationalized [View article]
interesting that it is only happening in countries/zones with central banks, no?
and yes fraud/greed can be relied upon.
The Economy Won't Be Ignored [View article]
pretty grim, slim.
What is Hank Paulson Thinking? [View article]
tough row to hoe. more inflation won't improve our standard of living without pay raises which aren't probably going to happen.
look out for back doors. The comment regarding the FDIC...i saw somewhere how the FDIC was terribly under capitalized, and less than 1/10th or so (if i'm remembering correctly) of current deposits under 100k were even really insurable.
The Fed could give the FDIC cash and then the FDIC pass it to companies without a bill or a vote....The Fed has given money directly to Mexico without a Congressional vote...
I'm hesitant to believe that something good could actually come out of this "democracy" (really republic) at the federal level... If the bill is defeated...stay vigilant for backdoor attempts to disperse that money...
I hope i'm wrong
We've Crossed the Line from Capitalism to Socialism [View article]
so... what line are you talking about?
A First Look Inside the Fannie / Freddie Bailout Plan [View article]
Loose lending was encouraged for this reason, and the money top gives away USD for the same reason.
there's my two cents.
--I kicked myself fot not buying Bear Stearns the Friday prior to the Monday bailout announcement... I wonder what this will do to FNM and FREs' stock prices...??
Rentech: Homegrown Synthetic Fuel On the Near Horizon [View article]
Rentech: Homegrown Synthetic Fuel On the Near Horizon [View article]
1) Heat comes from natural gas, which is subject to considerable price variation. If RTK would use solar PV and electic arc or something to produce heat, it would be more attractive.
2) Coal is used for electricity generation. The Fischer-Tropsch CTL process is about 70% efficient. One barrel of oil requires about 192kg of coal to to be produced usin CTL. This means we need a daily 4.4 billion kg increase to current coal output in order to meet 23 million bbl/day completely from coal. This is a very large increase in daily coal output, and challenging to meet.
Of course, a combined GTL, CTL, Wind, Solar, Biogas, Algae fuel will better address the petroleum crisis, and we probably will not rely solely on CTL.
But! CTL is expensive b/c 1) we need coal for power plants, 2) mining operations would need to be significantly increased to meet a new demand, 3) mining is polluting
But RTK is probably a good buy at this price...looking down the road.
nice article.
The Obama/McCain Energy Charade: Nothing But Empty Ideas [View article]
1) Polywell Fusion Research at EMC2
2) Coal to Liquid Technology (across the board)
America has lots of coal, it can be converted to petroleum with about 70% efficiency, and costs about 2X what oil does to produce.
As far as hydrocarbons go, 40 yrs of oil left globally, America has coal. Why not increase mining rate and use the coal? Environmentally dirty...so clean it up. Treat mining waste like nuclear waste.
I was hyped about Algal biopetroleum...then i found that it currently costs about $1,600.00/bbl to produce.
We have no patch to replace oil at present. Our best bet, America, is to use what we have: COAL.
Tuesday Outlook: Commodities, Emerging Markets [View article]
How Merrill Lynch Moved Its 'Microwave Ovens' [View article]
Is the U.S. Banking System Safe? [View article]
2 Schools of Thought on Buying Bank Stocks [View article]
No, the Financial Crisis Is Not Over [View article]
On financials, on hope they keep dropping cause my shorts are around my ankles after this fucking rally.
More Liquidity from the Fed: Welcome to the Roach Motel [View article]