Yes, that's the 'private' bank - now controlled by Obama's appointees and recently granted a subsidy from taxpayers (TARP funds, actually - that's the problem with gigantic bills that pass before they are read...).
I'm all for Energy conservation, renewable energy - I had CFLs in all of my house where they made sense (skipped some closets and dimmers, dimmable CFLs don't red-shift like incandesents) long before Congress decided to 'Outlaw' tungsten. I was buying unleaded gas in the 1960's, again - long before lead was banned from fuel. My Dad had seatbelts installed in our 1956 Plymouth Wagon (went to a 'custom shop') long before they were required by law. Although renewable energy is a great idea - I don't like the idea of us injuring our economy by making law that impairs or taxes without considering economic impact. I also do not believe that we should have to minimize our lifestyle and especailly not limit allowable numbers of children (watch China start paying for this folly, especially because males were favored so much that there is a serious lack of women to marry...). Pollution is not a good thing either, on that I am sure we agree.
I also feel that we can pursue energy alternatives simply because they are better economics - note that I've been ahead of mandated 'conservation' - largely because it just plain made sense.
We have technology to Retort Garbage Dumps to recover Hydrocarbons (Oil 'substitutes') even from Biohazard waste - but the Government tends to subsidize technologies that have a lot more to do with campaign funds than economics, so Retort technoligies must struggle with zoning and get investment from private sources.
http://www.mindfully.org/Energy/2003/An ... 1may03.htm
A problem is that this technology can be scaled down and done by individuals - and result in Fuel that may not get taxes paid on it...
http://www.boe.ca.gov/pdf/pub96.pdf
And tax credits have expired as well:
http://www.msnbc.msn.com/id/34660164/
I'm not even going to discuss the Ethanol scam on this thread, it's quick to contaminate fuel (according to my Motorcycle manual) and certainly cannot be transported by pipeline because it absorbs too much water. Mind you - I always think that options are good, but mandates are suspect at best. My car not only has less torque, but delivers 10-15% less MPG when run on 10% ethanol, my choice is to use Non-Ethanol.
Soros is proficient at profiting from distressed currencies, and seem to be focusing on the US$ next.
We (the USA) chose to ignore Thoruim for reactors because we wanted to 'breed' weapon-grade Plutonium, Thorium is incapable of breeding weapon-grade material and it's (U233) 'waste' is directly usable as fuel (just leave it in the reactor).
http://www.energyfromthorium.com/
However proponents of Thorium (mostly in India) are not large contributors to Politicians... Also, since cost of operation for a Thorium plant is so low - it could vastly reduce profit for conventional energy sources. That's probably why it won't be subsidized.
The USA is capable of being a leader in World energy, if our laws would get out of our own way...
Also, CO2 is not really any kind of pollutant (it, like H2O vapor - does increase when it gets warm - but it is not a CAUSE, nor is it toxic.). I remember cars before catalytic reactors (my current car is designated an SLEV because it's exaust has only added CO2 and H2O - no other pollutants). So we may disagree about what pollutants are, because I cannot agree that CO2 is a pollutant:
http://www.populartechnology.net/2008/1 ... ution.html
On the other hand - we likely agree that CO (Carbon Monoxide) is toxic and a pollutant - so why does the FDA allow meat to be packaged in CO ? (it does make meat 'redder' and kills bacteria that needs oxygen)
http://www.foodnavigator-usa.com/Legisl ... vestigated
I've had enough political hypocracy, if we're OK investing in Brazil drilling offshore, why can't we do so also ? Our economy will suffer enough from 'bailout' spending and 'stimulus' spending, not to mention Health Care if the bill to subsidize 50% of Americans (I'll bet that involves taxing 100% of Americans to pull off, done by taxing 'Corporations' - and
assuming that the taxes won't be passed on to us consumers). We simply need to be ALLOWED to support ourselves - at no taxpayer cost at all. That's my put.
Term Limits would help immensely, but they won't ever pass either.
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Better living thru technology...
"Open the Pod Bay Doors, HAL..."
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