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Archive for November, 2008

I just read yet another article stating that the American auto industry is a decade or more away from being able to profitably produce and market alternate energy vehicles. They have been saying this for 30 years.  Now the Chinese government is saying that they intend to position China as the world leader in hybrid [...]

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The Obama economic plan needs to be massive in scope and decisive and far reaching.  First and foremost it must address real-estate, the root cause of this whole crisis.  Real-estate covers a lot of territory all by itself since the credit markets collapsed because of the millions of bad loans resting atop a mountain of [...]

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The governors of 12 states and regional leaders from four countries recently signed a pledge to address global warming. We need a pledge from 50 governors and all other countries, but at least this is a start. Arnold Schwarzenegger, in his speech to the group, said, ”We have to draw people into the debate.”  He couldn’t be [...]

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In Economics 101 we all learned that bigger is better due to economies of scale. The logic went that if 10 companies produce 100 widgets each, 1 company that could produce 1,000 widgets would have a distinct cost advantage. Makes sense, right? You can eliminate all the duplicated management and overhead and [...]

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I stumbled on this idea as I was typing up an essay for my Profitable Renewable Energy web site. If congress immediately banned the production and import of all new gasoline or diesel powered vehicles, two things would happen. (1) The existing stockpile of new gasoline and diesel powered vehicles would be snapped up [...]

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Some so called experts are telling us the 2008 stock market crash is nothing like the 1929 crash, but the number of similarities are startling. If you have been following the stock market closely for the past several months, you will recall that the market had taken a big hit in early January and then [...]

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I just read an AP story where congress was grilling bankers about why they aren’t lending more money. Apparently there was no real answer. The committe then asked about how the bailout money was being spent.  The AP reports, ”The committee has asked whether (bailout) funds would be spent on executive compensation,” said Jon Campbell, regional [...]

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There is no single person that caused the 2008 collapse of the U.S. and world economies. There is no single cause, no single action; yet there are combined causes that many people, myself included, have been ranting about the people, policies, and actions that led up to this debacle. In a fashion, globalization and free [...]

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Every 4 years we have an election for president and every 4 years we hear about some new plan for education and during the intervening years we watch as nothing happens or some grand new scheme makes matters even worse as in the case of “no child left behind”. The United States just falls further [...]

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