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Old 08-26-2008   #16 (permalink)
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Re: Need an economist on money creation?

Three simple words: Follow The Money.

T.Boone Pickens is rich. And he's a smart guy (unlike a lot of politicians who were born with a silver oil well in their mouths!). And he doesn't want the world economy to melt down because even with all his dough, he's gonna have a rough ride.

So what's he doin'? PickensPlan that's what.

Can we do a massive conversion to non-oil in a decade? There are practical plans, maybe even plans you could consider modest, to do it possibly in my lifetime.

I bring up the Jupiter/Hydrogen source because while it may not be reasonable in the next hundred years, I'd say that given man's history in the last hundred it would be foolish to say it won't be done in the next 500!

We're arguing guesses here and I'd say we were in violent agreement.

I'd just always say that time spent assuming the worst case and no ability to do anything is time wasted!

You know, it's at times like this, when I'm stuck in a Vogon airlock with a man from Betelgeuse, about to die of asphyxiation in deep space, that I really wish I'd listened to what my mother told me when I was young,
Buffy


----------------
"If you do not agree with anything I say, I'll not only retract it, but deny under oath that I ever said it!"
__________________________________________________ ______________-- Tom Lehrer

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