Anyone with money invested in the stock market already knows the bad news. But let’s review. Over 35% drop in the DOW over only a brief few weeks. Up to 1,000 point daily swings that richochet around world markets at the speed of light. Scant assurance that the floor has been found. Lousy earnings reports. [...]
Continue reading about Alternative Energy Economy – A Silver Lining Turns Green!
Despite having spent most of my adult life trying to make electrons move through wires there’s one flavor of power generation of which I know very little. I confess I’ve never really cared for it very much either. Ok, the truth is I’m even more than a little intimidated by it. No, it goes even [...]
Something surprising is happening in California. There is a ballot initiative (Proposition 7) coming up for a vote in November that would mandate that 50% of the State’s electricity come from renewable sources (wind, solar, geothermal etc.) by 2025. That’s not the surprising part. What is surprising is the widespread opposition to Proposition 7 by [...]
Continue reading about California Proposition 7 – A Badly Conceived Green Mandate
In my most recent post, I made it clear that I’m 100% in favor of drilling for, and pumping up, every last blessed drop of oil we can afford to get our hands on domestically in lieu of importing that same oil. I won’t repeat my rationale here, but I just want to be crystal [...]
Before I get to my main point let me be clear. If we got it, we should drill for it. To quote Senator McCain….”Drill here, and drill now”. Onshore, offshore, Alaska, Florida, California wherever. It’s absurd on the face of it that we should import any more oil than we absolutely have to. The environmentalists’ [...]
With 19 days left to election day I’ve become obsessed with watching the cable news channels. It’s sucking up all my bandwidth. Yes, I know – nobody is holding a gun to my head and saying “watch this or else”. But what with the economic meltdown, gyrating market, and final campaign stretch, it’s like watching [...]
Continue reading about Claim Everything, Concede Nothing & If Defeated Allege Fraud
Kudos to Thomas Friedman and his “Why How Matters” op-ed piece in today’s New York Times. As the crushing volume of analyses, assignments of blame, and prescriptive cures regarding our current economic troubles bears down upon us, look no further than Friedman’s brief article and a book published 167 years ago for a root cause [...]
Continue reading about Popular Delusions & the Madness of Crowds
Hello. My name is Morten Sissener. Welcome to my blog and my first post!
Unless you live under a rock, you probably sense that something extraordinary is happening and it isn’t good news. Our universal need and pursuit of energy has arguably created the biggest challenge we have ever faced – a global perfect storm. [...]
