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Latest Comments156 Comments
A 5-Point Plan for Getting Out of This Mess
The teachers' unions are the worst of all time. The are destroying the whole system, and get away with it."
There are many problems with the US grade school system, but I don't think the unions have a lot to do with them. In states with limited union influence, the results are still abysmal.
Also, I don't see how the US university system can be tops when the students going in are low. they simply wouldn't last.
Grade schools are taking on the responsibility of families for teaching kids morals, ethics and common sense. Families that are remiss don't even realize it. Families that do teach typically get upset. This effort detracts from the classroom time for traditional subjects.
Most district schools are able to provide programs that challenge motivated students. These small numbers of motivated students are the ones that make it into good college programs. Unfortunately, the large numbers of unmotivated students are forcing universities to lower entrance and program requirements for retention to keep classes full. This is not a good sign.
Six Reasons for Cloudy Skies on the Solar Energy Industry
"Nuclear power plants smaller than a garden shed and able to power 20,000 homes will be on sale within five years, say scientists at Los Alamos"
Obviously, they haven't been on a supercarrier or in a sub lately.
Military technology like this should be spun off.
Having been thru reactors since Indian Point to Palo Verde (which is in the middle of the desert and cooled with reclaimed sewage), I wonder why there is no standardization to reduce cost. BTW every reactor I've been thru claims the containment building can withstand a direct hit from a 747 (or equivalent). Never been able to substantiate this, but looking at cross sections, it certainly seems likely.
Nuclear material (waste and otherwise) is on the rails and roads daily. Sorry if there's no DOT plaque advertising this. Much of the fuel used lately were weapons in the USSR. As mentioned above, high level waste is not really waste, just awaiting reprocessing. Breeder reactors close the fuel cycle. It's amazingly short sighted that worries about proliferation in the 70's have still prevented even one from being built 35 years later.
Most peaking plants today are fired by natural gas. We need to use all the alternatives to fossil fuels we can find in a safe and environmentally sensitive manner.
Three Promising Defense Electronics Stocks
Nissan: Serious About EV Leadership
most commuters (something like 80%) drive less than 50 miles roundtrip every day.
I would buy an all electric car in an instant. They should be less expensive than todays cars or a PI-hybrid. Recharge in my garage at nite during off peak rates. Cheap and economical - until somebody screws it up.
I can understand Detroit not wanting to part with internal combustion, but the new Big 3 should embrace this more.
What recharging infrastructure? LOL Besides not being needed,
what's so hard about a parking type meter hooked up to to an electrical outlet? They've been on engine warmers in Alaska for years.
Of course, there will always be a need for over-the-road gasoline cars for occaissional trips. so hang onto one.
Forex Markets: A Closer Look at the Dollar, Part III
The Fundamental Value of Real Estate
I look at my home as a shelter and I own it outright,
There are no comparable rentals in terms of privacy, flexibility & stability.
A house is a money decision in terms of budgeting & appreciation.
There is certainly risk in terms of income loss (layoffs) or rate adjustments or price drops (bubbles).
What's happening now is the reevaluation of real estate investments in terms of efficent frontier risk-rewards. It doesn't help that the govt actively endorses and subsidizes homeownership.
There are many intangibles in home ownership that make it right for some and wrong for others.
There is a vast industry around residential real estate as an investment; books, realtors, advisors, hard money lenders, etc
Mixing the home investment with the home shelter through equity loans is the cause of much of the current grief. Who would have expected that doing away with the interest deduction on all but home loans would concentrate leverage / debt in this sector?
There is a constant temptation to use leverage through debt on one's largest asset for investment. Unfortunately, like most leverage, this also magnifies the risk if it's invested in the same asset class. Many advisors are touting tapping home equity to buy more real estate. This is far from a gamble I'm willing to take with my shelter.
Is Motorola Worth More Dead Than Alive?
Take a Stand Against Government Spending
yeah, him
Why the Dollar Has Rallied During Current Crisis
why?? is it the power?
what are we gonna do when all those buyers of U.S. Treasuries want to cash them in?
1-print money
2-nuke em
3-sell em New Jersey
4-default
Pick one. None are very pretty.
Why Most Americans Don't Mind if the Big Three Fail
Airlines go backrupt 2 or 3 times and are still flying. What's the big deal? It's not like the Big 3 will lose any credibility.
Lousy engineering = poor long term reliability.
remember the term: planned obsolescence
Oh and I was very reassured at finding a pop can in the door of my Mustang. Or that silicone impregnated aluminum cylinder walls would hold up to steel piston rings in my Vega.
I get a kick out these big Escapades riding around with payday loans out to fill the tank. When gas hit $4.50, there were hundreds in the paper for sale. Some screwed up mentality may see this transportation appliance as a status symbol, it's really just a tool.
They need to go the way of the Studebacker and Nash.
And don't forget, it doesn't really matter to the CEO's. They probably even get to keep the Lear jets.
Why Sugar Has Never Been Sweeter
The Downfall of Keynesian Economics and the U.S. (Part 3 of 3)
The Downfall of Keynesian Economics and the U.S. (Part 3 of 3)
Geithner, a Man Who Doesn't Lose His Cool
1-is this substantive
2-maybe he spends time playing poker
3-" on heavy doses of Prozac"
4- a sociopath
5-glazed over from a 4 hr meeting
CPI Plunge Screams Deflation