Monday, December 22, 2008

Boycott Bailoutees

For my part, I refuse to do business with any company that asks the taxpayer to bail their sorry behinds out. In our family we have canceled our Citibank credit cards and I will not buy a vehicle from Chrysler or GM. If they go begging to the hardworking productive people of this country, rather than using chapter 11 to force the unions to be responsible, then the people should respond by wiping them out. Chapter 11 is a perfectly fine bailout, use it or die. Clearly, Congress will not do the right thing.

Monday, December 15, 2008

Chicken Little's Tough Sell



Roy Spencer posts updates of global satellite based temperatures. Due to the fact that these records began in 1979, which followed forty years of cooling from the 30s to the 70s, the baseline or zero point is lower than if the record extended back to the 30s. Even so, it is difficult to find cause for alarm here. The new bubble to burst, following the dot.com, the subprime, and the looming dollar bust, may be the alternative energy bust, as investors see CO2 as a fading threat and reverse their investment in green energy, and their support for taxpayer subsidies of green energy.