agneaux

Geothermal Is Getting Red Hot, Part I

I worked briefly around those over-pressured geothermal fields in Louisiana (1980-84). The water they got was very hot; plenty hot enough to drive turbine generators, but they had big problems with very high particulates - up to 100,000 ppm (parts per million) in the hot water, gumming up the pipes so fast it was deemed uneconomic to continue. Not sure how they would have solved this problem, if they have. These were two ~8,000-ft wells drilled by MagmaGulf-Technadril (a temporary consortium of several companies) in southwestern Louisiana (Sweet Lake, Rockefeller Refuge areas). Before I invested in this type of thing, I'd want to know if/how the particulate problem was solved...

Are GLD and SLV Legitimate Investment Vehicles?

I sold all my GLD and SLV yesterday in favor of CEF and mining shares. I have read all the comments above and it is apparent that no one really knows what will happen to GLD and SLV. The uncertainty is enough for me to stay away.

Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery

Hey, I just noticed that someone has Madoff with my bearer bonds!

Give Obama 40 More Years in Office!

Yeah, just like the Pigs became farm owners in the book, "Animal Farm", by George Orwell. And we all know how that turned out... In the real world, all these companies would declare bankruptcy, sell off their unproductive assets, and other companies would spring up to provide better service. But that only happens in CapitalistLand, not here in Obamastan... here in Obamastan, we keep the Dead Zombie Companies walking for years. See DollarCollapse.com for some interesting economic reading.

>>All Obama did was accept the facts - inept management made promises they couldn't keep and so the employees became creditors and then owners. <<

Give Obama 40 More Years in Office!

jpiretti: Take the Red Pill: Life is not "fair" and never will be. Medicine most certainly is a business, just like being a lawyer or a chef. A service (in this case, medical advice, surgery and medicine) is provided for money. That's Capitalism. Government should stay out of the way. Who's this "we" you keep talking about? "We" never demanded that people without insurance be given medical treatment. "We" never even demanded that drivers all be insured. (Here in my state, at least 10% of the drivers are uninsured, and it may be much higher; that's why I buy uninsured motorist coverage). That "Royal We" is the government, not me and you. France's health care percentage appears lower than ours only because they pay much higher taxes than we do. Read "Atlas Shrugged", by Ayn Rand. It changed my whole outlook on economic life.

>>It's not a privately owned business when in 2007 (depending on the report you read) 40-62% of all individual bankruptcies listed medical indebtedness as their #1 liability...75% of those folks had insurance. This from an industry that maximizes it's "free market" profits by denying services...we all pay for that. WE (tax payers) also pay for the 47 million who don't have insurance and have to use the emergency room as their primary physician. We demand car operators have insurance to protect all operators from collective liability. We demand home owners have insurance so banks are not exposed to losses that would be written off and absorbed by tax payers...I am sorry, but the Libertarian approach of "every man for himself" will not address the fact that we spend 16% of GDP on health care while 47 million have no insurance and another 13 million are under insured. Does it not strike you as odd that the most Socialized of the Socialized medicine examples (France) only spends 11% of their GDP on health care and everyone is covered with no deductibles?....before you scream I am a Socialist, I am not proposing this. It would not also address the fact that we (Alabama & Ky.) just lost 2 bids to Canada over the last 18 months on new Toyota plants(HC costs were cited). This is not entirely a question of fairness, but global competitiveness.

Give Obama 40 More Years in Office!

I'm in complete agreement with Glen L. except possibly the chances for O'Crama's re-election...

Give Obama 40 More Years in Office!

Even though Dr. Ron Paul, M.D. is a Republican, he does not vote in lockstep with the GOP and would diapprove of any "health care reform" from either party, because health care is a privately-owned business, not a Constitutionally-guara... right. He is really a Libertarian, and has run for president as a Libertarian in the past. He ran for president as a Republican in the last election. There's no point in talking about 'public policy suggestions' now, since Obama is going to ram them down our throats for the next four years, whether we like them or not.

Give Obama 40 More Years in Office!

Yes, vote for Ron Paul in 2012.

>>Do you have any real public policy suggestions?...or would you like to go back to another 8 years of K street manipulated economic policies? (Medicare pt. D ripoff)<<

Give Obama 40 More Years in Office!

Obama is of the parasitic class, steeped in the logic of The Big Lie. If you lie to us long enough, it almost starts to make sense. Except that none of what he says makes any sense at all. I agree with the comment that he will not be re-elected after his first four years, and that he will make a bad economic problem much worse by his socialist actions. This has been and always will be a Capitalist country with free men and free markets. It has been said that Capitalism is the worst possible economic system, except for all the others... (which are much worse: Socialism, Communism, Fascism, ...). Remove the parasites, and the patient will recover.

12 Signs That the Economy Is Not Getting Better

Capitalism is not the problem - government interference in the market is. We have not had true capitalism in this country since before 1913 when the Federal Reserve Bank was established. End the Fed and get us back to real Capitalism. Without government interference, we'd already be pulling out of this depression. Actually, without government interference, we may not have had a downturn at all.


On May 19 01:23 PM Dave T wrote:

> All Americans need to read the "Bankers Manifesto" of 1892 and you
> will all understand what is going on. Just Google Bankers Manifesto,
> congressman Charles Lindbergh sr. read it to congress sometime between
> 1907 and 1917 but nothing has been done about it except to feed the
> fire that has engulfed America. It's no accident in the crisis that
> we're in. Unless we revolt against the capitalistic pigs we are doomed!

Wall Street Breakfast: Must-Know News

CO2 is not a "pollutant" - it is a naturally-occurring gas necessary for all plant life on earth to grow. CO2 makes up a tiny fraction of 1% of the atmosphere. All CO2 given off by animals, burning of fossil fuels, etc. eventually gets taken up by plants. More CO2 means more plants - more food for us! Where's the problem?

Wall Street Breakfast: Must-Know News

Love the Deux Chevaux! 54 mpg and fun to drive! Unfortunately, they (Citroen) stopped making the 2CV in 1990, but they may come out with something similar for a new age. Take a look at the Tata Nano, made in India. Supposedly $2,500 out the door, at least in India.


On May 19 10:24 AM axelrod608 wrote:

> I don't understand the reason why higher gas mileage will add to
> the price of vehicles. The most effective ways to increase mpg are
> cut weight - less content, less cost - and reduce engine size - smaller
> engines are cheaper. It makes no sense.
>
> What the world needs is a modern version of the deux cheveau (sp
> ?), the minimalist do-everything vehicle. Light weight, no frills
> and will carry a ton of bricks. When we end our need for motorized
> living rooms with surround sound and our motorized family rooms with
> dual home theatre we will be on our way to a sustainable future.
>
>
> There, that ought to get a dozen or more thumbs down. That's the
> truth about an unsustainable reality - it's popular.

Why Aren't Gold and Silver Even Higher?

Gold and Silver prices are much higher on the free market (see eBay). The COMEX prices are artificially depressed - you can't actually buy physical gold or silver for that price. My local Coin Dealer has no silver at all and gold only in 100-oz bars, which very few can afford. The demand for physical has wiped out most dealers.

Living the American Dream - in Reverse

I see the homeless tent-camps near Sacramento every day from the morning AMTRAK commuter train. They are growing rapidly. While I think the folks there should just be left alone, there is a terrific problem with the garbage - it's appalling. The new Mayor of Sacramento is threatening to crowd them all into "government-approved" public housing. I doubt if many will go willingly; part of the allure (such as it is) of the camps is the ability to come and go as you please. I have an 11-block walk to my office from the train station. I gave some spare change to a polite homeless guy just this morning, but in general I have stopped carrying money, due to the number of panhandlers on the street. I fear being mobbed or mugged. (One disabled man was shot recently by a homeless woman). I have been giving money to the local Loaves & Fishes homeless shelter, but they are swamped and unable to help everyone. I think this economic disaster is going to rival the Great Depression, if not expand on it. I blame the Federal Reserve Bank. Buy physical gold & silver now, or CEF/GTU. Buy a gun and plenty of ammo and learn how to use it. Buy & store nonperishable food. Plant a vegetable garden. Plan to be on your own (without police protection) if it gets really bad.

Gold Is Going to Gain

So, Citigroup claims it made a profit? On what? I wouldn't believe anything they had to say. I'm all-in on gold and silver. The market may be up in the short term, but it'll be way down overall pretty soon.
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