Showing posts with label politics. Show all posts
Showing posts with label politics. Show all posts

Tuesday, January 20, 2009

But don't you realize, that's where I sail!

The above statement was uttered by Ted Kennedy. See, there has been a plan since 2001 to build a wind farm in the ocean off the coast of Massachusetts. Normally, a good democrat like Kennedy would be likely to support alternative energy. The problem is, Kennedy will be able to see this windfarm from his house. This would give him, and the other millionaire and billionaires that live in the area, a less than picture perfect view.
A group was formed to protect the "environment", but the government has just said that the windfarm would not have any major environmental impacts.
Personally, I have no problem with Kennedy being against the windfarm, except for one little thing. He is for windfarms, and has stated such. He is simply a hypocrite.
It may be time for Kennedy to get used to the idea of a windfarm, since it is likely that Obama will be for the project.  If you heard the inaugural speech today, it is likely that Cape Cod will get a new wind farm.
Will it save the world from global warming? No. 
Does the fact that Kennedy has been fighting this for years only because it is in his backyard make me laugh?  Yes.

Wednesday, December 17, 2008

The auto industry

I am probably wrong on this, so feel free to correct me.
The government tells us it needs to gives gobs of money (the technical term) to help Ford, GM, and Chrysler or else the sky will fall. Or something equally bad.
Let us compare Toyota and GM and see if all the car companies are struggling as much as the American companies.
Toyota sold 9.3 million cars worldwide last year. Just a few thousand short of GM, so essentially the same number. Toyota made about 17 billion dollars, where GM lost about 38 billion dollars.
Toyota has certain advantages that helped it make money, but GM has different benefits yet managed to lose the equivalent of 65% of Bill Gates fortune. That is a lot of money. And now the taxpayers are supposed to write a blank check for them as well as the banking and insurance companies.
On second thought, maybe it is not fair to compare the two companies.
Oh well, life isn't always fair, is it?