Category Archive for 'Economy'

1,800 lost homes per DAY = 75 per hour

Posted by: Jock Gill
Joseph E. Stiglitz writes in a NY Times Op-Ed:
More than a million people have lost their homes in the past two years. A million more are expected to lose their homes in the next 12 months or so. Do you support a more direct program of relief for homeowners? The government […]

$700 billion = A million good jobs for ten years.

Author: Aldon Hynes
In my recent posts about the financial crisis our country faces, I’ve attempted to get people to understand a little more clearly how mortgages are traded and from that to look more closely at what the bailout really entails. Let us now look at possible outcomes.
The Treasury Department has proposed spending […]

Digging Deeper into the Bailout

Author: Aldon Hynes
Yesterday, a friend pointed me to Public Marketup, a website where citizens can read proposed legislation and add comments. It is a wonderful site, and currently has the Treasury Department’s proposal for ‘Authority to Buy Mortgage-Related Assets’ as well as Sen. Dodd’s proposal.
When I first started reading it, I added comments […]

Looking at the Bailout

Author: Aldon Hynes
Last Friday, I wrote about understanding the global financial crisis. Now, a new bailout plan has been presented and we should look at the heart of the matter, the housing crisis. I would like to start off by going into a little more detail about how the mortgage market […]

Understanding the Global Financial Crisis

Author: Aldon Hynes
Over the past week, financial markets have been in turmoil as one firm after another faces difficulties. Everyone has opinions about how this has happened and what should be done about this. I have my opinions as well and have been writing about this in various venues. This post […]

The Death Rattle of the 20th Century?

Author: Jock Gill
The current financial crisis, see here, here, and here, may just be the death rattle of the 20th century. Clearly the old century must die away before the 21st century can be truly born. This century death could not come soon enough as the exhausted Cold War […]

‘Hot, Flat, And Crowded’

Posted by: Jock Gill
A great interview on NPR with Thom Friedman. Highly recommended.
Fresh Air from WHYY, September 8, 2008
Thomas Friedman is a man bent on revolution. In his new book, Hot, Flat, and Crowded, the three-time Pulitzer Prize-winning journalist writes about the need for a green revolution — and calls upon Americans to […]

A Billion Dollars for Electranet Innovation. Why not?

Author: Jock Gill
As Thom Friedman correctly points out, innovation powers “Change”. So if our candidates for president are serious about change, let’s ask them if they are willing to support an innovation agenda. How? And When?
A good place to start, if we are serious about change and about the energy efficiency […]

Free Markets and Monocultures

Over the past few days, I’ve been getting into discussions with various conservatives comparing their concern about big government with liberals about their concern about big business. My primary concern is that centralized power, whether it be with big government or big businesses is not the best way of addressing the issues we face. […]

Thermoelectric Advances Could Increase Efficiencies 15%

Thermoelectric Advances Could Increase Car, Truck, Power Plant and Industrial Fuel Efficiency by 15%
Industrial waste heat is 7 quads in the USA. There is more waste heat from power plants and from cars. Capturing 20% of that waste heat is 1.4 quads every year. 1.4 quads is double all of the wind energy generated in […]

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