Speculate to Accumulate

Date: April 23, 2007
Time: 22:29
Place: 100 yards from Tomorrow

Tomorrow being a metaphor for the Roosevelt Island Tidal Energy pilot project, which in turn represents the harvesting of renewable and non-polluting resources.

If anybody needs any further proof of what a treasonous gaggle of bastards the harem of slaves to the Saudi Royal family that calls itself the Bush administration is, consider how much alternative energy companies like Verdant Energy, who built the project, have to scramble for funds.

One of the founding pipe dreams among the edible paste and blunt scissors think tankers meandering under the "neoconservative" banner is missile defense. I can recall Richard Perle's blitherings on this subject from the late 70's. He was a shill for Boeing back then. Hey, he's gotta eat. Even back then, everybody knew that every dollar spent on missile defense could be defeated by 5 cents worth of countermeasures.

While adminstration apologists will stretch to come up with a 4 billion annual number for alternative fuels (by including tangentially related tax breaks for ethanol), this administration has spent 50 billion alone on two failed ABM systems. 40 billion went for those rocket interceptors that will work as long as there is a homing beacon in the nose of the target, and 11 billion for the airborne laser, that pre-supposed the enemy was weak enough to allow a 747 (with an incredibly toxic load of chemicals aboard) to wallow in its airspace AND, characteristic of most neocon pipe-dreams, reality-based rules about air diffracting light would not apply.

The free market will not get involved because at its bravest, capital is cowardly. From computers to jet planes, governments had to assume the initial risk, often betting on 3 horses in a 5 horse race, before the private companies will come in.