31 Comments

That's a beautiful vision. Now, do we technically have anything remotely in the neighborhood (say between here and Venus) to be able to do this? No. "Sustainable energy" right now is a pipe dream. It cannot pay for itself, and bankrupting our country in an effort to "make something work" that doesn't "work" is beyond foolish. It's foolish and dangerous.

You think all the other "altruistic" countries out there are going to watch us step on our crank and then just wait for us to recover?

I'm all for using what works now. And continuing to research what "might" work in the future. And if we come up with something that actually works, I have NO problem using it.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150128
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"All else being equal" is the standard social science cop out. If the formula doesn't work, we can all say: "Well, all else wasn't equal." My theory on the recession is that one problem was outdated risk models that failed to keep up with new data resulting from the slide in lending standards...all else being equal seldom exists in the "real world." In the real world, market share goes to the competitor who meets the cost increase and holds price, resulting in - all else bring equal - retention and growth in market share, based on a quality product at the lowest price.
Same basic process on tax increases...all else being equal...you relocate production/service to another jurisdiction or you absorb the tax and try and hold quality and price.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150146
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"Trickle Down Economics is a leftist canard"? Seriously?
I distinctly remember the exact words G.W. Bush used during a National TV Speech. He said, "Trust me, my Trickle Down Policy will work. If we give tax breaks to the wealthy, they will, in return, provide good paying jobs for everyone"
Economic experts described Trump's proposals as "Trickle Down On Steroids", and when the Republicans wrote their Tax Plan they knew it wouldn't receive a warm welcome, so they added, "And Jobs Act", as a pathetic attempt to convince the American tax payers that more good paying jobs would follow. The big problem with that ruse was when the Independent CBP projected that IF everything went just perfectly with Trump's Tax Plan, it MIGHT create 300,000 jobs in TEN years time.
Note: Our country has been adding, on average, 200,000 jobs PER MONTH since 2009.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150153
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When I think of the future of energy I think of generating and storing my own power, so I'm not beholden to any quasi-public utility company who has unfettered access to my property once a month. And my home in turn powers my car so gas station stops are a thing of the past. I don't have to be tethered to the grid, so there are fewer power lines in my community, which means they can't go down and either cut my power or cause a wildfire. I don't have to worry about consumption because I'm generating more than I'll ever need, and the source is unlimited and free. There are no more oil spills or off-shore rigs in our oceans, and no earthquakes in Oklahoma. Oh, and if liberals and climate scientists were right, there are fewer droughts, plagues, famines, extreme weather patterns and smaller hurricanes, and the planet generally looks more like Earth than Venus.

Now you give the counter-argument for "drill baby drill".



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150127
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Have no idea what your last paragraph means? Our social programs have, for the most part, involved the "intention" of temporary help. I have no problem in requiring something in return for that help...be it training, or a work requirement following training, for those able. For those totally unable? I have no problem with a livable wage for those incapable of caring for themselves...and cannot imagine why the "right" can argue for pro-life positions without supporting "welfare" for those incapable of caring for themselves?
I agree, in part, with your proposition that "innovation and prosperity are the products of work," but that depends heavily on how you define "work" and how compensation for "work" is arrived at. In general, large scale "work projects" (the electrification of Appalachia, via the TVA, World Wars, the journey to the Moon, or the American transportation system, ranging from colonial era panels to the interstate highway system) have been funded by government due to the amounts of capital required. So...I see no reason why government programs devoted to the goals of the GND should be exceptions...in fact, that was the reference...FDR's "New Deal."



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150132
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Because when Bernie Sanders entered the 2016 race late, he was 50 percentage points behind Hillary. When he began spreading his socialist ideas like this to his audiences, they responded so emphatically, he closed the gap to about 2% points. If he had entered the race 60 days sooner and the DNC didn't hand debate questions over to Hillary in advance and screw him, he would have been the nominee. Polls showed he would have done far better against Trump than Hillary, meaning he would likely have been our president today based on a socialist platform.

Do not count this woman or her insane ideas out. Watch what happens as we get closer to the 2020 elections.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150136
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Democrats serving in Washington are all millionaires and think of themselves first of all. When President Obama told me I could keep my health care and my doctor...period! He was lying and not thinking about others.

Nobody is planning or proposing to cut social security to offset anything. The benefits of the tax cuts are scheduled to pay for it entirely. Paul Ryan is no longer serving in Congress. Nancy Pelosi now has his job as speaker.

My wife and I have earned income of $85k combined. We were told by our tax person we stand to gain over $2000 this year in tax saving as a result of the Republican tax cut. We are very thankful. You seem to be looking for reasons to blame or hate Republicans. Your guarantee seems meaningless since it was untrue.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150141
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Econ 101 and 102...and I've read a number of books in retirement...including an on-line course regarding the recession from Yale. I am generally familiar with Adam Smith, Marx, Keynes, Friedman, et al. Took a number of management courses on mergers and acquisitions, shareholder value, etc while in strategic planning for a major corporation. And, I've taken part in a number of due diligence projects for European acquisitions with Pricewaterhouse and Goldman Sachs. I've read some two dozen books or so on the 2007-2009 recession.
After a Master's degree in Political Science, I was accepted into LSE for post-graduate work regarding the differences in English Common law and European Continental law...but didn't qualify for a scholarship or grant and had to turn it down due to personal finances.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150126
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One relevant fact that you failed to mention while bashing President Obama is the fact that he inherited "The Worst Recession in 70 Years"
our Unemployment Rate was 10%, and 1 in 5 homes were in Foreclosure.
Do you seriously want to discuss Social Security? I just recently retired after working for 48 years, and had hoped to have a few years left to relax, and count on Social Security and Medicare to get by, as I paid into both programs for 48 years. BUT, after the Republican Tax Plan that Gave Away $1.9 TRILLION Dollars to the wealthy, the Republicans are now saying that we have to face fiscal responsibility, and act on our deficit, and they want to start by cutting funds from Social Security and Medicare, effectively making the elderly in our country pay for that huge tax cut for the wealthy.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150148
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I don't think that. But we have drifted in a direction that will divide us more and more. When one party creates an atmosphere where they can win super majorities to support their parties president, they will take that power and use it to stay fully in power.

My prediction is by no later than 2024, Democrats will have that super majority of seats in both houses of congress as well as the Oval Office. They could, if they chose to, add another six seats to the Supreme Court and fill them with far-left judges. At that point, they can do whatever they like. Nothing is going to stop them. I think President Trump's shocking win over Hillary has inspired them to move much further to the left and test the limits of what they can do to control their power. We can all watch democracy die in the U.S.



Link: http://www.vin3.org/index.php?c=article&cod=35128&lang=EN#vin3Comment-150142
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