To get off the ground, most any alternative energy solution will REQUIRE government support. The "free market" folks, think that roads and trains
just build themselves. Maybe we should have different companies compete for roads? I might need three cars so that they will be compatible with the GM
road -- just like the different chargers I need for cell phones. Does any house NOT have 25 old cell phone chargers lying around?
The PROBLEM with Green Energy is also its promise: It will take a massive infrastructure investment to make it available -- meaning, no business can
pony up the cash to create for instance, hydrogen fueling stations. And AFTER we have algae, methane, solar and other sources of energy -- a small
startup will be able to do it on an ad hoc basis.
Some company like Exxon, is not going to spend $100 Billion to create the infrastructure where everyone can get involved in competing with them for
So the business model of making profits is very speculative at best. High investment, and then no guarantee of return.
But for the rest of us, it means much lower prices, lots of jobs, and entrepreneurial opportunities. Things that fat-cat Globalists hate.
reply to post by Jadette
Thanks. That one graphic should say it all; THE SUM TOTAL of Republican prosperity was immediate gratification purchased on a credit card. We don't
have money for things like Universal Healthcare, because we have insurance company lobbyists bribing congress and because when the Democrats get
control -- they are always paying off for the party that the Republicans had.
Every time we have the "Royalists" who support every largess of the "ownership class" get control for 3 successive administrations, or economy
tanks. Every. Damn. Time. Then we re-learn what we knew 80 years ago and realize that we have to have regulations and oversight.
All wealth in this country is created by people working -- it is not created by money. Money seeks to make profits, and must be invested in things
that create value. How does value get created by invested money? Work. There has been a huge investment in training people to think like Peons, and to
welcome trickle-down economics, but this is eventually unsupportable. The current recession, which could go to a total depression, is the result of
consumers having supported the current market boom with their own debt. There IS NO MORE MONEY for us to buy things -- therefore the market is going
to slow down, and people are going to get laid off.
When Bush lowered your taxes, he borrowed money for an even bigger tax cut for the rich. He also borrowed money for the war. You might think that
lower federal taxes saves you money, but then you pay more for all the little things, like education, energy, daycare, and a thousand fees that the
states start tacking on things to make up budget shortfalls. Your money also becomes less valuable as the fed prints more of it. The government could
have ZERO taxes, but as long as there are Bombers to build -- they will just print money. What do you think would be the end result of that? Maybe
something like the current banking crisis.
4 of every 5 dollars was off that balance sheet, so the war costed about $4.5 Trillion. Then, he supported Paulson and Bernanke to increase the
leverage of banks and financial institutions, so that in 2008, when one of them failed, all of them can fail. The banks don't have any money, because
they leveraged it all out. If they lose 1 dollar, they have to sell off $10 in leveraged assets, that causes a ripple effect, because the sale reduces
the value of their other, over-leveraged holdings. This is the same damn thing that caused the 1929 Great Depression and it is really hard for me to
believe that Greenspan and Henry Paulson made millions of dollars being this stupid.
It is so very clear, that those who push to support the poor and middle class will always be building up an economy, and those who don't allow for
progressive taxation and for a living wage, will eventually -- guaranteed, be running the economy into the ground.
Lower taxes for the poor and higher for the rich does not create disincentives. And we've really exaggerated that old saw. Does Donald Trump need to
make two million or ten million to keep him working on get rich quick real-estate flipping deals? I really don't care, because he never created
anything in his life. As long as you have a middle class with money in their pockets, there will be a bank around ready to invest. If you don't,
there is no amount of money you can give a bank to get them to invest in someone who won't pay them back.