Hyperion is offering mini nuclear power plants that can be installed cheaply and provide very affordable power to 10,000 homes per unit for seven to ten years at a cost of only $2,500 per home.
Archive for 2008
mini-nukes for everyone
Nov 10
secure our dream
Nov 9
Joe the plumber is now Joe the blogger. He has founded a web site called Secure our Dream. Best of luck to Joe in his new endeavor.
automotive bailout
Nov 7
Due to the difficult economic times and slumping automobile sales, General Motors, Ford, and Chrysler are asking for federal aid (read: bailout).
A U.S. rescue package for GM, Ford and Chrysler is likely before President George W. Bush leaves office in January, said Dennis Virag, president of Automotive Consulting Group in Ann Arbor.
The federal government is continuing the socialist takeover of private enterprise and out-of-control corporate welfare.
Updated 11/11/2008: Pelosi Calls for `Emergency’ Aid to U.S. Automakers. The Dems appear to be pushing this bailout hard.
Wasilla Palin-drome
Oct 31
Christopher Carfi wrote:
Wasilla’s all I saw
He called it a Palin-drome.
Republicans Create Wealth
Oct 31
This Cato Institute article Taking Stock of the Parties analyzes the stock market to determine which political party is better for creating wealth, as reflected in stock prices.
Over the last quarter of a century when the Republicans controlled both houses of Congress, the stock market rose by an average of about 20 percent per year. When the Democrats controlled both houses of Congress, the stock market only rose at an average annual rate of 6.9 percent for the Dow Jones and a tepid 5.1 percent for the Standard and Poor 500.
When one party controlled one house and the other party controlled the other house of Congress, the growth in the stock market was significantly less than when the Republicans controlled both houses (15.6 percent for the Dow Jones and 12.7 percent for the S&P), but significantly more than when the Democrats controlled both houses.
There is a natural tendency for people to focus on the party of the president who is in power; but, in fact, the Congress is far more important to markets because it decides how to, and how much to, tax and spend.
In conclusion:
History shows if you want your stock portfolio to increase at a rate of 20 percent per year, make sure Republicans control Congress; but if you want your portfolio only to increase 6 percent per year, go with the Democrats.
