Saturday, July 19, 2008
Saturday, July 12, 2008
When it comes to the economy people are just as ignorant. They don't want to admit that things are bad, or that they have the potential to get bad. This week the IndyMac Bank of California was closed by the government. They have been reporting problems for months and their stock has slipped from $30 to 28 cents. So what's up with all these people going to the bank on Friday trying to withdraw money and finding that the bank is closed? One of the guys that was interviewed admitted that they probably had over $100,000, more than that which is insured. That goes beyond ignorance.
US Bank closed at $25.80, so I guess I am safe for now.
Thursday, July 10, 2008
Maybe It’s Time for Some Change: I don’t mean change like politicians say it, I mean change like really doing things different. Politicians say change, what they mean is that they want their party in power and want to do things the same old way that their party has been doing it. But sometimes you have to just throw away the rule book and start all over.
What I am talking about is our dependence on foreign oil. I drove in today to see that the price was steady at $4.07 and I was actually glad. When we moved here it was $1.99 and that was considered high. And I really don’t see it coming down. So we have to do some drastic things. Some propose conservation, but conservation only helps a little. Some say alternative fuels, but they take a while to get to market and they are currently contributing to the global food shortage (who was the Einstein who thought taking food and making it fuel wouldn’t disrupt things?). We could drill off the coast, but that will take years to get to market. We could drill in ANWAR, but that is also years away.
I have an idea, let’s do it all! Seriously, if we take all of the solutions and adopt them all then we could really see some change. Let’s lower the national speed limit to 55MPH (and allow those who feel the need to drive at 45 MPH drive in the slow lane). Let’s start looking at raising the CAFE standard so that the next generation of vehicles get better mileage than what we have on the road today. Let’s back plans to install wind farms all over the Midwest so that our home electricity isn’t based on oil or coal.
If you know me you know that I don’t buy in to the global warming myth, so why all this talk about saving fuel? It comes down to money and dependence on others. One thing that I enjoy is not being dependent on anyone else. I long for a day when I can drive to work and then plug in at night so that the commute doesn’t cost me a dime (right now it is about $12 a day for the commute).