Tuesday, December 30, 2008
Is Hamas Stupid or Just Very Clever?
So, when Hamas decides to not renew the truce (if you can call it that) with Israel and then begins firing Kassam rockets at southern Israel didn't they realize what was going to happen? Maybe, maybe not. Perhaps Hamas is so clueless that it just didn't enter into their heads that Israel would hit back, and hard. Or, perhaps Hamas was baiting the Israelis. Hamas's power is derived from its militancy; with no war to fight they have no purpose. In this way they are similar to the Irish Republican Army (and, perhaps its Protestant equivalent) since all the IRA knew was how to fight (until Sinn Fein came to life). Yesterday evening, during an interview on NPR, the spokesman for the leader of Hamas blamed "Israeli collaborators" for launching the rockets under the theory that Israel was just looking for a reason to hammer Gaza and so arranged for a few pro-Israeli Palestinians to take on this task. In a round about way this is a tacit admission that maybe, just maybe, Hamas screwed this up.
As hard as this is to suggest, maybe the Israelis should have just ignored the Kassam rockets and just laughed at the Hamas leadership. Or maybe, they could just throw a bunch of shoes across the border.
As someone once said about the Palestinians, "they never miss an opportunity to miss an opportunity."
Tuesday, December 2, 2008
Thursday, November 27, 2008
Quality (or lack thereof) of U.S. Automobiles
U.S. Vehicles (Ford, Cadillac, Chevy, Dodge, Chrysler, GMC, Hummer)
- Much Better - 0
- Better - 9 (15%)
- Average - 26 (43%)
- Worse - 12 (20%)
- Much Worse - 9 (15%)
Japanese Vehicles (Honda, Toyota, Nissan, Mazda, Subaru)
- Much Better - 11 (22%)
- Better - 22 (43%)
- Average - 9 (18%)
- Worse - 2 (4%)
- Much Worse - 5 (10%)
The best U.S. brand was Ford and the best Japanese brand was Honda (with Subaru close behind). European vehicles, surprisingly, were not as reliable as you'd think. Mercedes had 9 vehicles rated and 6 were Much Worse and 3 were Worse. Volkswagen wasn't much better.
Here's my point; 65% of Japanese brands fell into the Much Better or Better categories while U.S. brands had only 15% in that category. While average reliability was higher for U.S. brands 35% of U.S. brands were in the Worse or Much Worse category. Given these statistics why should tax dollars be invested in U.S. car companies? I think Ford should buy the Volt brand from General Motors and then GM, Dodge, Chrysler and the other should be allowed to die.
Friday, November 14, 2008
Supply Side Economics
"Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates. Supply-side economics is often conflated with trickle-down economics, now a term given to right-leaning economists' views. The term supply-side economics was coined by journalist Jude Wanniski in 1975, and popularized the ideas of economists Robert Mundell and Arthur Laffer."
This is what George H. W. Bush called "voodoo economics" when he was running against Ronald Reagan in the Republican primaries leading up to the 1980 presidential election and it explains George W. Bush's tax cuts and John McCain's pledge to make those cuts permanent.
I'm not certain that it has been formalized but the other side of that theory would be demand side economics and this makes a little more sense to me. I just don't buy into the theory that a company, on the strength of a lower tax rate, would hire additional employees and increase production hoping that consumers would, in turn, start purchasing the newly produced items. What I do believe is that putting more cash in the hands of the consumer would, in all liklihood, result in increased demand which would lead to greater levels of production which would lead to increased employment which leads to even more purchasing, etc., etc.
What I don't necessarily agree with is the one-shot stimulus checks that were sent out this past spring and which are, again, being contemplated by congress. No business owner worth his (or her) salt will have any part of hiring more workers and increasing production simply to meet a short-term spike in demand that is created by such a stimulus. However, a stimulus that includes tax cuts for individual tax payers makes a lot of sense to me. If my wife and I had an extra $50 or $100 each month we'd be more likely to go out for lunch or buy more dance stuff for my fourteen-year-old.
Should the same breaks in tax rates be extended to businesses as well? A few weeks ago there was a "point of view" article in the Raleigh News & Observer that put forward the theory that higher tax rates on businesses would compel businesses to add payroll since additional payroll dollars were incrementally cheaper with a higher rate than with a lower rate. This article was resoundingly booed by letter writers and I can see why. It could happen in theory (I made it work messing with examples in Excel but my "company" had to pile on expenses that would not have been necessary) but no in practice. I suppose corporations should be given the same tax breaks but you've got to remember that corporations can take deductions that are not available to individuals and corporations are going to try to maximize sales and profits regardless of the tax rate.
Feds Move to Expand Oil Exploration
http://www.newsobserver.com/politics/story/1294126.html
Friday, November 7, 2008
Who Obama Should Not Pick
I agree with not appointing Robert Kennedy Attorney General. He's probably a sentimental favorite because his dad had the post but maybe he'd be best as head of EPA.
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The Uncabinet A guide to key appointments Obama should resist.
By Timothy Noah Posted Wednesday, Nov. 5, 2008, at 6:49 PM ET
With Barack Obama's presidential victory in the bag, speculation has begun about who he'll appoint to his Cabinet. Actually, it began some time ago. Russell Baker of the New York Times many years ago invented a spectral figure called the Great Mentioner to describe how the Washington cognoscenti come to view this or that public figure as a candidate for political advancement. Sometimes the Great Mentioner passes along names under consideration by the deciding person or body. Sometimes the GM passes along names that the cognoscenti merely feel warrant consideration. Because the deliberations are secret, it's hard to know the difference (and also a lot less fun).
It used to be that you needed a lunchtime reservation at Washington's dog wagon of the moment either to learn who's on the list or to add some names yourself. Today the GM's picks, like all other human knowledge, have migrated to the Internet, where they've been democratized to a fare-thee-well. A college kid elevated Sarah Palin to the GOP's potential veep choice merely by creating a Web site. You don't even have to be American! The world is flat, and nous sommes tous Washington insiders. No harm in that. Indeed, this digitization saves Washington journalists like me a lot of time. But like the names I'd likely hear whispered over chardonnay at Acadiana, the Googled mentionees—mostly those very same names—are a hodgepodge of good prospects and bad. Somebody's got to winnow.
Back in October 1987, Paul Glastris published a deeply researched magazine piece in the Washington Monthly under the headline "The Powers That Shouldn't Be." Glastris now regrets what he says was at least one bad call: He wrote that the next Democratic president should not elevate William J. Perry to secretary of defense. Perry subsequently performed that job with admirable skill during the Clinton administration. The impact of Glastris' misjudgment was blunted by the Democrats' failure to recapture the White House in 1988—a luxury I do not enjoy as I compile my own do-not-hire list. Hoping to avoid Glastris' error, I have researched this piece perfunctorily. But caveat emptor: I cannot eliminate entirely the possibility that one or two of the judgments rendered below flunks the test of time.
State Department. Do not appoint Bill Richardson, who by some accounts is the front-runner. Obama may feel he owes Richardson because the New Mexico governor endorsed him after dropping out of the presidential race and ended up being called a "Judas" by James Carville. But Richardson took his sweet time before embracing Obama; he dropped out in mid-January and didn't cough up the endorsement until late March. Richardson's résumé includes Clinton administration stints as energy secretary and as U.N. ambassador. He didn't perform either job particularly well. As energy secretary, Richardson rashly accused Los Alamos official Wen Ho Lee of espionage—a charge later proved false. As U.N. ambassador, Richardson didn't do anything anyone can remember except offer Monica Lewinsky a job three months before the story of her affair with President Clinton hit the Internet. "He has no great beliefs," observed Slate's David Plotz in June 2000, "which may be why he didn't mind flattering despots." Richardson has twice broken the world's record for most handshakes in an eight-hour period. He's very proud of this. Don't you find that alarming?
Also, do not appoint John Kerry. The 2004 election demonstrated that nobody likes him. That isn't disqualifying for a senator, but it is for a diplomat.
Also, do not appoint Anthony Lake. He made himself unconfirmable for Central Intelligence Agency director back in 1996 in part by saying on TV that he wasn't sure Alger Hiss was guilty. Heads up: Alger Hiss was guilty. If you think Hiss wasn't guilty and you want to get confirmed by the Senate, be my guest. But don't shoot your mouth off about it, because if you do, you'll be easy prey for the GOP. Also, I have to say that anyone who performs the mental calisthenics necessary to believe Alger Hiss may have been innocent runs a substantial risk that he won't have enough additional mental energy left to run the State Department.
Supreme Court. Do not appoint Hillary Clinton. The Supreme Court needs jurists, not politicians. Plus, Bill would drive the other justices crazy.
Treasury Department. Do not appoint former Clinton Treasury Secretary Robert Rubin. I explained why last week. (See "Robert Rubin's Free Ride.") Rubin has said he doesn't want the job anyway. Lawrence Summers, who succeeded Rubin, is said to be interested, but he's too closely linked to Rubin and to former Fed Chairman (and current Public Enemy No. 1) Alan Greenspan to be a wise choice. Plus, the hash Summers made out of Harvard's presidency suggested that even after holding one of the highest positions in government, Summers still was pretty clueless about getting along with other people—a crucial skill for whoever ends up managing the worst financial panic since the Great Depression.
Energy Department. Do not appoint Arnold Schwarzenegger. The supposed reason would be that Schwarzenegger is the rare Republican governor who's doing something serious about global warming. But if there's a shortage of Republican governors addressing climate change, can we really afford to remove one from state government? There's no shortage of Democrats who are at least as committed as Schwarzenegger to reducing greenhouse gases. Pick one of them.
Environmental Protection Agency or Interior Department. Do not hire Robert Kennedy Jr. He's too partisan and kind of a nut when it comes to policy. Check out this dangerously alarmist 2005 Rolling Stone piece about the purported link between autism and childhood vaccines. (To learn why Kennedy's piece was alarmist, see "Sticking Up for Thimerosal" by Arthur Allen in Slate, August 2005.) Throw in Kennedy's 1983 heroin bust, and you've got yourself an unconfirmable nominee.
Defense Department. Do not reappoint Robert Gates. Joe Klein floated this idea in a June Time magazine column inspired by Doris Goodwin's Team of Rivals, which shows how Abraham Lincoln co-opted his political enemies by appointing them to his Cabinet. The trouble with Klein's thinking is that it's all about politics and only vaguely about Gates himself, who gets good press mainly because he had the fantastic luck to succeed a disastrously bad defense secretary, Donald Rumsfeld. Nancy Soderberg, a former U.S. ambassador to the United Nations under Clinton, and Brian Katulis of the Center for American Progress, a liberal nonprofit, made a more substantive case last month in the Washington Post, arguing for Gates because he's not an ideologue and because he favors shoring up failing states before they become havens for terrorists. But it still adds up to "he's not as bad as those other blowhard Bushies." I think that's setting the bar way too low. Plus, I was never really satisfied that Gates came clean about his role in the Iran-Contra scandal.
Attorney General. Do not appoint Jamie Gorelick. It pains me to write this partly because I know and like Gorelick and mostly because by all accounts she performed brilliantly as deputy attorney general in the Clinton administration. But her subsequent hiring as vice chair at Fannie Mae, despite her lack of any background in finance, and most especially the $26.4 million she received in total compensation over a period of six years disqualify her for public office. As Jack Shafer has noted in Slate, Fannie Mae was a bipartisan trough for the politically connected, but the patronage and executive pay were particularly lavish under James Johnson, a Democrat who ran Walter Mondale's 1984 presidential campaign. (See "A Medici With Your Money" by Matthew Cooper, February 1997.) Gorelick needs a few more years of good works (the 9/11 commission was a good start) to rehabilitate herself.
It goes without saying—but I'll say it anyway—that Obama should avoid hiring Johnson for any position. Obama probably learned that lesson during the campaign when he made the mistake of briefly putting Johnson in charge of his vice-presidential search. He should avoid Franklin Raines, Johnson's successor, for the same reason.
Thursday, November 6, 2008
Wednesday, November 5, 2008
Alternative Energy for Mass Use
A few weeks ago, while at lunch, I asked Rick for his perspective on the viability of alternative fuel sources for mass use. I was thinking of T. Boone Pickens' plans for wind farms or massive solar farms when I asked this. Fortunately Rick has no engineering background so he did not confuse me with technical explanations. Rick said that power plants have to provide a certain level of power based on maximum anticipated useage. In other words, if, on a typical hot and muggy August day in the North Carolina Piedmont, one million homes in Raleigh normally run their central air conditioning our power plants have to constantly generate enough power to provide the electricity for those one million homes' AC units (even if only 800,000 happen to actually be running their air conditioners). So, if one million homes require a bazillion kilowatts of power then the power company (or companies) have to have that much power constantly available. Rick told me that it's more complex than this but since he's a labor lawyer and I'm an accountant we kept it simple.
According to Rick, the problem with alternative power sources (solar, wind, gulf stream)is that these sources of energy constantly fluctuate. So, if you have a massive solar farm down in the Sand Hills providing power to the City of Fayetteville and a few large clouds happen to pass by then the power provided by the solar farm decreases and thus you have a brown out. Rick's conclusion is that these alternatives are viable only on a smaller scale and are not feasible for providing power to cities or towns.
This makes sense to me but what do I know?
Hi Ho, Hi Ho - It's Off to Work Obama Goes
I'm very anxious to start hearing news of potential cabinet appointments and I would not be too surprised if Obama picks some moderate Republicans. I'd love to see Bill Richardson get a cabinet post. Anyone out there have any suggestions?
Tuesday, November 4, 2008
It's Done!
Any way; on to the future.
Monday, November 3, 2008
Iraq War Policies
Senator Obama (and others) has said that he will "end the war". That also will not happen. If a President Obama puts into effect his plan to draw down all but a stabilization force within 16 months he will not have ended the war; he will only have ended our involvement in the war. So Senator Obama should be honest and say that this war cannot be won (as described above) and we are simply ending our involvement.
One of John McCain's criticisms of Senator Obama is that Obama will not admit that the troop surge has worked. Senator McCain draws a cause and effect relationship between the surge and a much more stabilized Iraq. I don't believe that the cause and effect are as well-defined as Senator McCain would like to believe. While the surge had to have had positive effects what is frequently left out is that at the same time the surge began Shia Militias, under the control of Muqtada al Sadr, declared a cease fire and the Sunni Awakening Groups were organized. The Sunni groups took on Al Qaeda in Iraq and destabilized that side of the insurgency and the Shia Militia's cease fire ended their deadly attacks on US troops. If the Awakening Groups were to close up shop tomorrow and the Shia Militias were to end their cease fire, we'd be in the situation we were in before the surge.
Wednesday, October 29, 2008
Interesting Obama Video on YouTube
Rambling Thoughts for October 29th
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Why is it such a bad thing to advocate for the poor and less fortunate? Barack Obama mentioned "spreading the wealth" while speaking with "Joe the Plumber" (who, in case you didn't know, is neither a Joe nor a plumber) and the McCain campaign has latched onto this statement like a pit bull and this seems to be all you hear from them. Even Sarah Palin has intimated that an Obama presidency would veer toward communism. All because Obama advocates using tax dollars to help the less fortunate. Do I care if the government uses my tax dollars to help the working poor? No, I don't. However, what I don't want to see are my taxes providing handouts to those who refuse to work. If a refundable tax credit helps a poor single mother both work and attend a college or technical school what exactly is wrong with that? The McCain campaign has been advocating buying the mortgages of those homeowners who are in danger of foreclosure and then restructuring those mortages to make them affordable. How is this different from providing refundable tax credits? The government is still using tax dollars and is still helping out those in trouble but I guess there's a big difference in buying a bad mortgage and giving someone a tax credit.
Tuesday, October 28, 2008
Monday, October 27, 2008
A Hint of Things to Come (w/ a Dem in the White House)?
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Anchorage Daily News Endorses Obama!!
Friday, October 24, 2008
Wednesday, October 22, 2008
From the Alaskan Blog - "Mudflats"
Every once in a while, we need to cleanse our minds from matters of the inner workings of Alaska’s Personnel Board, 263-page reports from the Legislative Council, Workers Compensation claims by Alaska State Troopers, and take a break with something that requires little thought, or research. In this spirit, the big story yesterday was the outlandish $150,000 Palin wardrobe, provided to her by the Republican National Committee. Half of this staggering sum was spent at one store, the Neiman Marcus in Minneapolis. It’s against the rules for a campaign to pick up these costs (remember the John Edwards $400 haircut?), but due to a loophole (a button hole perhaps?), the RNC was allowed to foot the bill.
While I don’t claim to know what is going on in the minds of Republicans these days, I recall my Grandmother, who passed away in 1986. She was what I like to think of as a “good Republican”. She was fiscally conservative, quietly religious, and kind-hearted. She had no patience for scandal or dishonesty from politicians, and when presented with same, would sit herself down at the table in her sunny yellow kitchen and write a letter to the offending party, in small, perfect penmanship, giving them “a piece of her mind.” Sometimes the envelope would be reused, if she had received one in the mail in good condition. Why waste paper? She had raised a family during the Depression, and she understood the value of things. She donated to Republican candidates; not much, but she gave what she could. I never asked her personally how she felt about Richard Nixon. I suspect that Watergate gave her unending heartburn, but I also suspect that Nixon’s comment about how Pat Nixon didn’t have furs, but wore “a respectable Republican cloth coat,” resonated with her. My Grandmother had a respectable Republican cloth coat too.
I shudder to think what this principled woman, with whom I once shared a home, would think about Sarah Palin. What would be going through her mind if she had lovingly and dutifully written her $15 check, in her perfect penmanship, to the RNC, only to find out that it had been used to laminate Sarah Palin with a shiny red leather jacket and new stiletto heels? It would take 10,000 Republican grandmothers like mine to pay for that wardrobe.
It is surprising in some ways, that the “real Republicans” have not mutinied. Some have, but there hasn’t been the mass exodus one would expect. Too many Republicans suffer in silence, hoping that their party will come around; that they will spontaneously stop lying, race-baiting, subverting the constitution, and spending money like drunken sailors who like women in red leather. I think they’re going to have a long wait.
Meanwhile, back at the McCain campaign, we hear today that the six-figure wardrobe will now be donated to a “charitable purpose” after the campaign. So, keep your eyes peeled for a shiny red leather jacket at a Salvation Army store near you, and I’ll let you know if Sarah Palin comes back to Alaska in a respectable Republican cloth coat.
Is This What the Framers Had in Mind for the VP Position?
Governor Palin's Clothing Budget
This from the Web:
Since her selection as John McCain's running mate, the Republican National Committee spent more than $150,000 on clothing and make-up for Gov. Sarah Palin, her husband, and even her infant son, it was reported on Tuesday evening.
That entertaining scoop -- which came by way of Politico -- sent almost immediate reverberations through the presidential race. A statement from McCain headquarters released hours after the article bemoaned the triviality of the whole affair.
"With all of the important issues facing the country right now, it's remarkable that we're spending time talking about pantsuits and blouses," said spokesperson Tracey Schmitt. "It was always the intent that the clothing go to a charitable purpose after the campaign."
But even the most timid of Democrats are unlikely to heed this call for civility. For starters, the story has the potential to dampen enthusiasm among GOP activists and donors at a critical point in the presidential race. It also creates a huge PR headache for the McCain ticket as it seeks to make inroads among voters worried about the current economic crisis.
Mainly, however, Democrats (in this scenario) are not prone to forgiveness. After all, it was during this same campaign cycle that Republicans belittled the $400 haircut that former Sen. John Edwards had paid for with his own campaign money (the funds were later reimbursed). And yet, the comparison to that once-dominant news story is hardly close: if Edwards had gotten one of his legendary haircuts every singe week, it would still take him 7.2 years to spend what Palin has spent. Palin has received the equivalent of $2,500 in clothes per day from places such as Saks Fifth Avenue (where RNC expenditures totaled nearly $50,000) and Neiman Marcus (where the governor had a $75,000 spree).
Beyond the political tit-for-tat, however, the revelation of the clothing expenditures offers what some Democrats see as a chance not just to win several news cycles during the campaign's waning days but to severely damage Palin's image as a small-town, 'Joe Six-Pack' American.
"It shows that Palin ain't like the rest of us," Tom Matzzie, a Democratic strategist told the Huffington Post, when asked how the party would or could use the issue. "It can help deflate her cultural populism with the Republican base. The plumber's wife doesn't go to Nieman's or Saks."
Indeed, the story could not come at a more inopportune time for the McCain campaign. During a week in which the Republican ticket is trying to highlight its connection to the working class -- and, by extension, promoting its newest campaign tool, Joe the Plumber -- it was revealed that Palin's fashion budget for several weeks was more than four times the median salary of an American plumber ($37,514). To put it another way: Palin received more valuable clothes in one month than the average American household spends on clothes in 80 years. A Democrat put it in even blunter terms: her clothes were the cost of health care for 15 or so people.
There are, in these cases, legal questions surrounding campaign expenditures. Though, on this front, Palin and the RNC seem to be in the clear.
"I don't think it's taxed," said David Donnelly of Campaign Money Watch. "I don't think she can keep it. It's owned by the RNC. They had to use coordinated funds to pay for the clothes."
And certainly the possibility exists that this issue can be effectively swept under the rug. Palin is not known for taking impromptu questions from the press. Moreover, the media, at this juncture, has other major story lines (see: upcoming election) to grapple with, thus denying the piece the relative vacuum that accompanied the Edwards story. Finally, there is little desire among conservative writers or pundits to litigate the matter, even if they were more than happy to jump on board when a Democrat was in the spotlight.
Several hours after Politico posted its findings, the topic remained nearly untouched by the major right-wing outlets. Though as Marc Ambinder at the Atlantic opined:
"Republicans, RNC donors and at least one RNC staff member have e-mailed me tonight to share their utter (and not-for-attribution) disgust at the expenditures. ... The heat for this story will come from Republicans who cannot understand how their party would do something this stupid ... particularly (and, it must be said, viewed retroactively) during the collapse of the financial system and the probable beginning of a recession."
Monday, October 20, 2008
Colin Powell's Endorsement of Obama
ACORN Voter Fraud?
Friday, October 17, 2008
Lighten Up Francis
"Deflating" Oil Prices
"Maverick"
- An unbranded range animal; especially a motherless calf;
- An independent individual who does not go along with a group or party.
So there you have it. By the way, the etymology is: Samuel A. Maverick, an American pioneer who did not brand his calves.
I have to admit that I'm a bit conflicted about John McCain and his maverick label. I even contributed to his campaign during the 2000 Republican primary. Not being a straight-party ticket type voter I naturally gravitate toward someone who doesn't blindly follow a particular dogma and this is what has, in the past, attracted me to Senator McCain. The problem I now see is that the senator's maverick tendancies coupled with his less than methodical decision making style is really not suited for the Oval Office. I mean, do we really want a lone-wolf (and one with an explosive temper) as president? Probably not. The McCain campaign has been hammering away with the question, "Who is Barack Obama?" but someone should also be asking that question about Senator McCain. How will this guy make decisions; how will this guy develop and execute strategies; how will he work with his cabinet and foreign leaders?
As much as I admire Senator McCain for his service and his past refusal to follow the GOP dogma I'm just not comfortable with his style.
Thursday, October 16, 2008
Old Age (well, Middle Age) Just Plain Sucks
So, as I pass the half-century mark my smugness is gone and in its place I have three doctors who are trying to keep things from getting worse. Oh, and during my visit to the dentist yesterday I was told that I need two crowns.
The silver lining in this cloud is that for the first time I'll be able to take an unreimbursed medical expense deduction when I do my taxes this year.
Wednesday, October 15, 2008
How to Support the Troops? (Hint: It's not a car magnet)
I have signed up with the USO at the Raleigh Durham International Airport as a volunteer to drive troops home or to one of the many military installations in North Carolina. Unfortunately I tend to do this when it's convenient for me which means that I'm not really sacrificing anything (except my time, but again, when it's convenient). I need to do more.
Drill Baby, Drill?
"Despite claims to the contrary, this increased access promises both long- and short-term benefits. More access to domestic energy resources will ultimately bolster our longstanding energy goals: less imports, more economic activity, and more revenue for state and local governments. And the benefits are immediate.
Even before U.S. energy companies begin to actually produce the estimated 18 billion barrels of oil currently locked away in our outer continental shelf (OCS), investors will act. Expanding domestic access will attract more capital to American oil and gas companies, bolstering their position in the global market. More capital means more jobs. Employment opportunity in the energy industry -- ranging from infrastructure development to technological development -- will boom."
While this may be true I think the writer is missing the point. Fossil fuel (with the possible exception of natural gas) is in the mature stage of its life cycle. Why would an oil company decide to invest billions of dollars in infrastructure to produce a product that many people are hoping will be replaced by hydrogen and batteries? Wouldn't that be a little like the long ago horse-drawn carriage manufacturers investing millions to boost production of carriages just as the concept of the automobile was taking hold? I think the oil companies should, instead, invest just enough in their infrastructure to continue producing enough fuel to satisfy demand but put the real money into infrastructure for the future. If I'm an investor I'd much rather choose the company that is betting on hydrogen fuel cells or long-life batteries for hybrids or plug-ins. I realize that I'm oversimplifying but that's my perogative. I'm just here to ask the question.
Thursday, October 9, 2008
Sarah Palin and the Alaskan Independence Party
Governor Palin's address to the AIP Convention:
About the founder of the AIP: