JerryCaldwell

Obama Placing the Economic Cart Before the Horse

Relaxing in a tub? As opposed to don't worry go shopping? Guaranteeing loans to Whomever?I have never heard anyone in the current administration that the economy will run on consumer loans nor offer guarantee of funding to anyone who wants to consume. A Google search of the phrase "project on hold" will result in thousands of examples where businesses large and small cannot secure funding for worthy projects due to the state of credit markets locally and globally. I think you mis-characterize the strategy and intent of the current administration.

New Nuclear Plants Not Viable Without Government Support

You forgot to remind us how good looking you are as well!


On Jan 10 01:03 PM Ferdinand E. Banks wrote:

> Reading an article like this, and some of the comments, warms my
> heart. What it shows is that I not only know more energy economics
> than most people, but I know a great great deal more. Of course,
> knowing a great deal isn't much help if you find yourself in a seminar
> room or at a conference in front of the Great Unlearned, and so in
> those situations I make a point of taking no prisoners. In terms
> of reliability, flexibility and cost, nuclear is in first place,
> and I explain that very carefully.
>
> About nuclear needing government help. That may be true, because
> the young geniuses on Wall Street and in The City of London are just
> as dumb as Gorgeous George when it comes to energy economics, but
> there is no need to worry. When the price of energy starts escalating
> again, the Great Unlearned will come to their senses...I think. Moreover,
> it isn't just the young geniuses, but also our political masters.
> In a country like Sweden where it is simple to prove that nuclear
> has paid its way, the ignoramuses in government claim the opposite.

As Solar Plummets, Stocks Drop Below Book Value

I think instead of more subsidies it should be written into the building code for all new construction especially commercial/institution... If the upfront cost is a line item in project financing from the start the ongoing cost of debt service for that portion of the budget is less than the cost of energy is produces. If the cost of the system on a residence was spread out through the term of the mortgage the energy savings far outweigh the monthly cost.

I strongly support subsidies and incentives for all forms of alt energy, however at this time I don't think we can afford it.

On Nov 16 08:42 AM WPSPIKER wrote:

> I like the fact that solar is a good source of power. problem is
> in this environment everyone wants green they just want it at a much
> lower cost. Up front costs of solar are still too high to get the
> average joe involved. and that is what it will take to make solar
> worth while in USA. What is required the better gov. subsidies
> similar to what has been one in Germany. Who in there right mind
> will put in the system that will take close to 20 years to pay back
> the initial investment, as wells that investment will last only 20~25
> years? I am not a tree hugger but I do thin we need more green
> energies. solar is part of it but the upfront costs need to be dealt
> with prior to it making it main street..
> mark

Moving the Deck Chairs on the Economic Titanic

I know this is off topic wouldn't it have been funny if the DJI dropped 666 instead of 777. The Christian right would have freaked...

Moving the Deck Chairs on the Economic Titanic

I know this is off topic wouldn't it have been funny if the DJI dropped 666 instead of 777. The Christian right would have freaked...