JerryR said:
:shock: Quick - keep pumping out the CO2 - that's the only thing that'll save us :shock: (Ouch, I hear a Kidder coming :roll: )
JR,
One last shot and I'll shut... 8)
Rather than shoot from the hip, I typically research and personally enjoy studying economics; in depth study usually provides wonderful insight to world politics and the rationale affecting decisions that otherwise seem crazy. And lets face it, why pay a broker when you can make your own stock decisions... Following the money trail usually takes you to the source. Most of us leave that work to others who profit at our expense.
A recent-memory case in point was the media's involvement in the Y2K scare. The IT industry reaped huge rewards, (I was a part of it at the time) and we created a glut of IT certified professional to seek innovative technical means to get us through the pending crisis. The public rushed out to purchase Y2K-proof computers, VCR/DVD machines, Y2K proof TVs, appliances, etc. etc. etc. The investing public rushed to hi-tech stocks. It was easy to turn 40% in the hi-tech market on 1998/1999 and early 2000. Life was good...
http://www.dailytech.com/article.aspx?newsid=8383 ????
What happened? Bottom line: Y2K was a farce; people got rich (Cisco, Sun, Microsoft, Dell, etc. etc. etc.), then new IT professionals hit the unemployment lines in large numbers as in March/April 2000, the hi-tech stock market fell like a big dog on an ice pond, and many of us (me included) lost bunches of money as we watched our investments disappear into cyber space. The heralded economy was built on a house of cards...
Megabillions were made during the global cooling debacle. Guess who profited? Big oil, of course raked in the lion's share. Leap ahead to the current earth-threatening global warming scenario. Very small case in point, but significant to the subject. NBC shut out the lights during a recent halftime night football game to give credence to their commitment to save the planet. Who owns NBC? Same company that contributes megabucks to the media moguls and politicians who support their agenda...
http://www.gepower.com/businesses/ge_wi ... /index.htm
http://www.eere.energy.gov/greenpower/m ... tml?page=0
CPS now allows us in SC Texas to pay a nonrefundable (one year contract) surcharge added to our existing energy bill for the privilege of receiving a portion of our home-use energy from windpower vanes which now 'beautify' our Texas landscape. Even with plans to build future vanes at two-story levels, they agree that solar and wind power could never provide sufficient energy to satisfy growing populus needs. Last month they announced plans, with taxpayer support, to build two new south Texas nuclear power plants guaranteed to cleanly respond to our energy crisis.
"An intelligent person believes half of what he reads." "A wise person knows which half."
Mark Twain
Today's macroeconomics lesson: Unforeseen world events occur quickly with immediate impact on nations, politics and the money trail... Been there; got the T-shirt:
Stock tip: Buy GE... But get out when the getting is right... :roll: :roll: :? Fool me once... Fool me twice?
Now to have some energy-efficient acoustic fun... 8)