User 267708

Spinning the Employment Data

Much of the spin is entirely dependent upon the base employment figures. Last year the unemployment rate was 5.6% with an employment base of 150,000,000. Now the unemployment rate is reported at 8.9% of a 132.414,000 base for 11,785,000 unemployed. The unemployed difference between last year and now is 17,584,000 a 11.7% unemployment rate. Spin is a very polite way of characterizing the manipulation of government statistics. The remnant are being saved for a future government crisis.

Solar, Wind and Biofuels' Impressive Growth Surge in '08

According to FERC energy tables, solar and wind power generation constitute approximately .55% of total energy generation. Doubling the generation will bring it up to 1.0%. The increase is not significant and definitely does not warrant the projected costs or grid construction. Nuclear energy is a much more cost productive source of energy and is the most neglected source. Approximately 400 new nuclear plants are being projected worldwide by 2030, but the US government and greens are treating it like the plague. It's time to accept that the environmental movement is political, not economical or scientific.
dickm

Alternative Energy Storage: It's All About Price vs. Performance

Energy generation from solar and wind is less than 1% and I don't see where expansion of this source will ever exceed 15-20% of our energy needs. The country has to return to nuclear energy generation in order to solve its energy requirements and solve it's CO2 emissions from coal. The safety issues and recycling issues have been resolved with new technology. Costs are much lower than sources other than hydrology. Listening to the false science of environmentalists has been the main obstacle in achieving energy self sufficiency.

Morgan Stanley, Goldman Sachs Choose Life: What Kind of Life Will It Be?

After reading John Hussman's article, I have to ask who are the bondholders that should take the losses. I think Mr. Ehrenberg statement, "privatize the gains and socialize the losses" says it all. The financial institutions want to be bailed out at taxpayer expense. Without identifying the bondholders, we really don't know who or what financial institutions are at risk. Allowing the corruption and mismanagement by the financial institutions has put the entire economy at risk and they don't want to bear the losses.