Apr. 2nd, 2008

mojocatt: (Default)
Shell Oil Company President John Hofmeister said the energy supply outlook was "sobering" and the U.S. needs to tackle the energy quandary with programs akin to the Manhattan Project or Apollo moon launch.*

I'm no fan of the oil industry. That they have us by the nuts and will charge what they can get is no new news.

The congress put on a good little anger show. Asking the industry executives why they were not investing more money into renewable energy. Almost a bit like asking a wino why he does not stock more mineral water in his supply. Congress asked why private industry has not done more for the public good, thus I believe they "buried" the retard needle off the high end.

But the man is right. I say relieve them of the tax breaks and go Manhattan Project on this problem. Cut them clean out of the loop and go balls to the wall on renewable energy.

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Congress wants $18 billion of tax breaks over ten years for renewable energy.*

Clinton wants a $50 billion fund for renewable energy.*

Obama wants $150 billion over ten years for renewable energy.*

dubya says "I've set a great goal for our country, and that is to reduce our dependence on oil by investing in technologies that will produce abundant supplies of clean and renewable energy*,......heh.**

McCain is still trying to open a bottle of Geritol.**

Cheney wants you to buy more oil.** and then to go fuck yourself*** if you think different...
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I say its all peanuts in the long haul, we should be thinking much bigger about energy in this country, if not the world. I think Obama has the right number, but the wrong time span, it should read $150 billion PER year.

* Source CNN
** Source Mojocatt
*** Source Dick Cheney's mouth
mojocatt: (Default)
The other item on Capitol hill that is pissing me off, mortgage bail outs.

So they are tossing around all this language about reducing principal and interest rates for people and companies in trouble. $15,000 tax breaks for a home in foreclosure.

So, here I am, I picked a older home in the inner city, close to my job that was in my price range. We attended home buying classes, we set price we could afford, we shopped for mortgage companies and secured a 30 year fixed low rate.

When I could have bought a suburban home way out of my price range way out in the boondocks with a 50 year adjustable rate and wait for the bailout.

I guess it serves me right doing the responsible thing. Christ, what was I thinking?!?! This is America 2000, honesty and responsibility will only make you poorer than the people running naked through the streets blowing credit out of their asses.
mojocatt: (Default)
That's right. Get me something, any subject and I'll figure out a way to bitch about it.
mojocatt: (Default)
Beans! God Damned Beans!

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