We need something to keep Wall Street from melting down, yet most people don’t really understand the dynamic of the whole situation. First off, it isn’t really a bailout, it’s more a loan or an investment. Bush and company screwed up by asking for what was essentially a blank check. The average guy on the [...]
Archive for September, 2008
Why didn’t the bailout plan pass?
Posted in economy, energy, financing, investing, politics, renewable energy, tagged 700 billion, bailout package, bailout plan, congress, financial crisis, financial mess on September 30, 2008 | 2 Comments »
When did this financial crisis start?
Posted in economy, energy, financing, investing, politics, renewable energy, tagged crisis, energy funding, financial, financial crisis, renewable energy, solar, wall street, wind on September 27, 2008 | 3 Comments »
The problems on Wall Street didn’t happen overnight, they’ve been festering for decades and it won’t end for a while. Once upon a time people invested in corporations and took their returns as dividends, now people expect to score big overnight as start-ups turn into the next Google. Somewhere along the line institutional investors told corporate management [...]
A Bailout plan that should be considered
Posted in energy, financing, investing, politics, tagged bailout, financial crisis, Sweden, wall street on September 26, 2008 | 1 Comment »
I’m worried that the panic going on in Washington is going to miss the valuable experience and successes of others. Check out this article on how Sweden handled a similar crisis 16 years ago.
http://www.nytimes.com/2008/09/23/business/worldbusiness/23krona.html?em
If you are interested in a solution to the energy crisis, read my post on Introducing Profitable Renewable Energy
Bailout Plan May Just Make Sense
Posted in economy, energy, financing, investing, politics, renewable energy, tagged bailout, economy, energy, financial crisis, housing, oil, PRE-Plan, real estate, renewable energy on September 26, 2008 | Leave a Comment »
The federal bailout plan very well may be necessary and it could work. I’m not entirely sold on it since these are the same guys that were supposedly watching our economy and regulating Wall Street, but to do nothing would be even more egregious. This plan should calm the markets and hopefully help the housing [...]
How did this financial crisis happen?
Posted in economy, energy, financing, investing, politics, renewable energy, tagged economy, energy, financial crisis, investing, renewable energy on September 25, 2008 | 1 Comment »
The financial crisis happened because you and I allowed it to happen just as you and I allowed the environmental crisis to happen and the energy crisis to happen.
Mistake number one is that we continually vote for the wrong people. George Bush was certainly a mistake. During the 2008 presidential race we had a choice [...]
A New Paradigm for Society and Investing
Posted in energy, financing, investing, politics, renewable energy, tagged bailout, economy, energy, financing, government, government bailout, mccain, obama, renewable energy on September 24, 2008 | 3 Comments »
This whole government bailout has got everyone thinking and that has to be a good thing, but unfortunately too many people are thinking about the same old sorts of solutions. The problem is so immense and the consequences so dire that there likely is no 100% correct answer, but what is certain is that after [...]
$700 Billion Bailout Calls for a Simpler System
Posted in economy, energy, financing, investing, politics, renewable energy, tagged economy, energy, financing, insurance, markets, PRE-Plan, renewable energy on September 20, 2008 | 3 Comments »
President Bush is asking for $700 billion to bail out those crooks on Wall Street and I’m not sure we have any choice but to do it. This whole thing is reminiscent of Enron and we’ve only seen the beginning. $700 billion could have outright paid for 160 gigawatts of solar power or 500 gigawatts [...]
Renewable Energy, Financial Collapse, National Debt
Posted in energy, investing, politics, renewable energy, tagged election, energy, environment, mccain, obama, politics, renewable, renewable energy on September 19, 2008 | 1 Comment »
Well, the U.S. economy was in terrible shape before the meltdown on Wall Street but there was a glimmer of hope that perhaps investment in renewable energy might have helped jumpstart the economy, but now that the federal government may have to cough up another half trillion dollars to bail out Wall street, the prospects [...]
We’re Screwed on Energy
Posted in energy, politics, renewable energy on September 13, 2008 | Leave a Comment »
Let’s say you invent some new concept to advance renewable energy in a big way. You can write a book, but nobody will ever find it. If you search “renewable energy” on Amazon you’ll find 12,544 titles, so what are the chances of someone finding yours. You can write your congressmen, they’ll send back their [...]
Sarah Palin, Government, Energy, the Envronment
Posted in energy, politics, renewable energy on September 12, 2008 | Leave a Comment »
I like Sarah Palin. She’s attractive, fairly well spoken, and intelligent. Do I want her running this country? No. Although I thought she did a good job with her speach at the Republican National Concention, her interview with Charles Gibson clearly showed she is not prepared. She didn’t have a clue as to what the [...]
