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Here's a plan: starve the beast

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  • #16
    Re: Here's a plan: starve the beast

    charliebrown,

    I was trying to multi-quote your post, but I am too IT incompetent to do it the Itulip way. That, or I am not allowed.

    actually i did not mean to sound condescending i applaud your actions.

    I didn't think it was condescending. Actually, I was considering buying the ingredients to make my own bread and I know I could do it for less than $.25/loaf. That is if I had nothing better to do than bake bread.

    Anyhow keep up the good work! Thanks for the tip on UNG!

    No problem. I look for major discrepancies in things. I think I see it in UNG. I feel like the govt is "demonizing" UNG, much like they tried to force a bottom early this year by demonizing banks. The demonizing of UNG is fine with me, but they don't see the natural laws that govern economics and business. They have their heads in the clouds thinking about solar, wind and geothermal. Another possiblility is that they are buying NG as I type because they are not so dumb and realize that it is the next logical step for greenhouse gas reduction. They seem to want to skip ahead and that just won't work. Whatever the case, NG will be used for power production when it is economically viable, that is just the way it is.

    wind is cost effective if you have realiable wind, but is there enough wind??

    With today's technology, NO! There are other problems that I can not discuss here, but as with housing, location plays a big factor. There have been other problems not often discussed like people getting headache's who live within ? miles of a wind turbine. I don't know how far the ? is, but I think it is more than 1 mile.

    EXAMPLE: Wind farm XYZ has 400 acres of land. They build 30+ wind turbines on this land to generate 130 MW's of inconsistent power.
    With that ammount of land requirement for very little power production, and the fact that people and wind turbines don't mix, it is not going to be very effective.

    solar cost 3x, fossil fuel costs.

    I think highly of solar power, but you are right, it is too expensive right now.

    http://www.nerc.com/page.php?cid=1|15
    Unlike water or gas, electricity cannot be stored.

    The sentence above is not true, but we haven't developed a system of storing massive ammounts of electricity.

    I also write options to make money

    I do that as well, but it has been tougher in this volatile market. I am a very short term trader, but not a day trader.

    but if you want to store a large amount of wealth you need a large amount of silver at current prices.

    http://silverstockreport.com/email/buffett_times.html
    I don't trust Buffet. He no longer cares about money, but he does love his country and I think he is willing to try and help the government. Buffet had a large amount of silver. Does he still have it, or not?

    My apologies for this not being coherent or focused.

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    • #17
      Re: Here's a plan: starve the beast

      If you successfuly start to starve the beast, won't it just need another bailout? Will we have to start teaching our kids to work, earn and spend under the table like a bunch of drug dealers to avoid the debt obligations made on their behalf? Its better in the long run to hang some banksters and politicians IMO.

      P.s. does anyone want to trade some engineering service for a pitchfork and some rope?

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      • #18
        Re: Here's a plan: starve the beast

        Originally posted by snakela View Post
        If you successfuly start to starve the beast, won't it just need another bailout?
        Andrei Codrescu said absolutely. (4 minutes)

        http://www.npr.org/templates/story/s...oryId=95567782

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        • #19
          Re: Here's a plan: starve the beast

          Originally posted by snakela View Post
          If you successfuly start to starve the beast, won't it just need another bailout? Will we have to start teaching our kids to work, earn and spend under the table like a bunch of drug dealers to avoid the debt obligations made on their behalf? Its better in the long run to hang some banksters and politicians IMO.

          P.s. does anyone want to trade some engineering service for a pitchfork and some rope?

          I have a pitchfork and some rope. Never thought of them in terms of engineering service.

          Another bailout is exactly what would happen, but I think the timing of starving the beast could be the remedy. I would say that when the fed funds rate begins to rise there should be an online community ready to provide people with a system of barter and trade. I would say start the community today, gather a decent number of members, then when the US runs out of credit with other countries the site could be initiated. Boycot the dollar, sales taxes, income taxes and others to whatever extent possible. I think Itulip has already tried something along these lines with the Prosper Lending group. I am not sure how well that is going.

          This should be in rant and rave.
          MetalMan, I think we need some pictures here.

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          • #20
            Re: Here's a plan: starve the beast

            Originally posted by Thailandnotes View Post
            Andrei Codrescu said absolutely. (4 minutes)

            http://www.npr.org/templates/story/s...oryId=95567782

            Good article.

            This statement:
            After the bailout, they owned their own homes, they didn't pay into a corporate energy grid, and they didn't worry about food because they grew it on the roof.

            The energy grid is not much corporate. It is mainly government. Our electricity would be half the current price if the government wasn't involved.

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            • #21
              Re: Here's a plan: starve the beast

              Originally posted by TRake View Post
              Good article.
              Our electricity would be half the current price if the government wasn't involved.
              Enron?

              kenneth lay?

              Comment


              • #22
                Re: Here's a plan: starve the beast

                Originally posted by TRake View Post
                ...I work for a utility. We are considering running our coal units on natural gas because the price is almost at equilibrium and I think we are scared that we may not have enough carbon credits when that whole scam comes in to play. We would then be forced to run natural gas to save on carbon emmission. It is really fascinating. This tells me we are near a bottom in NG, because when we start to use it, we use a bunch. I am thinking other utilities are probably in the same boat.
                Thanks for the first hand information about what is happening at your place of work!

                The aggregate stats for the USA are showing total electricity demand is certainly down, but interestingly enough the amount of power being generated from natural gas is now up y-o-y, and the biggest loser has been coal.

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