"The energy market is not like most other markets. Indeed,
the economics of alternative energy are such that private
investors, left to their own devices, are bound to underinvest
in it, since the considerable social benefits - cleaner air, fewer
greenhouse emissions - accrue to EVERYONE, not just to
direct customers. That means that the economic rate of
return is significantly less than the social rate of return.
Despite the immense size of the energy market, as of 2005
spending on energy R&D accounted for just 2% of total
spending on R&D in the U.S. This creates an opportunity for
the government to add value by investing smartly, just as it
can add value by spending money on education or
infrastructure, other areas where the social returns are
greater than the economic ones " - James Surowiecki,
Columnist for the New Yorker Magazine's Financial Page
Bank consolidation over the years that has created the
monster behemoths that extort the middle class into paying
whatever fee they dictate. (click on the graphic to make it
larger....just to be clear, I mean you can make the graphic
larger, not the outrage).
Revealed in the "Oral History of Ayn Rand" by the founder of
the media department at the Ayn Rand Institute: In the end
Rand was (secretly) one of the parasites she despised. Eva
Pryor (a consultant to Rand's law firm of Ernst, Cane, Gitlin
and Winick) verified that on Rand's behalf she secured Social
Security and Medicare payments which Ayn received
under the name of Ann O'Connor (husband Frank O'Connor).
Pryor said, "Doctors cost a lot more money than books earn
and she could be totally wiped out" without the aid of these
two government programs. Ayn took the bail out. Throughout
her life she said it was wrong and weak for everyone else to
do so..
The August issue of Motor Trend magazine reports that in
December, Volkswagen will desperately attempt to counter its
steep recessionary slump by releasing an upscale, eight
cylinder model. They plan to market it heavily in the United
States using none-too-subtle sexual innuendo. This limited
edition car will be called the 2015 "Tailia". Volkswagen's
advertisements will attempt to lure potential buyers with ads
featuring male and female supermodels plus a SLEEZY
double entendre declaring: "This winter be one of the lucky
few Americans to get their hands on our powerful new Jetta
Tailia." These Teutonic bastards have no shame. None
whatsoever. Nada.
