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To: tejek who wrote (3003)	3/7/2004 9:37:40 PM
From: TimF	Respond to of 7936

"Thus the world's present measured resources of uranium in the lower cost category (3.1 Mt) and used only in conventional reactors, are enough to last for almost 50 years. This represents a higher level of assured resources than is normal for most minerals. Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up. A doubling of price from present levels could be expected to create about a tenfold increase in measured resources, over time. This is in fact suggested in the IAEA-NEA figures if those covering estimates of all conventional resources are considered - 16.2 million tonnes, which is 250 years' supply at today's rate of consumption. This still ignores the technological factors mentioned below, and unconventional resources such as phosphate deposits (22 Mt) and seawater (up to 4000 Mt), which would cost 10-15 times the present market price to extract. Widespread use of the fast breeder reactor could increase the utilisation of uranium sixty-fold or more. This type of reactor can be started up on plutonium derived from conventional reactors and operated in closed circuit with its reprocessing plant. Such a reactor, supplied with natural uranium for its "fertile blanket", very quickly reaches the stage where each tonne of ore yields 60 times more energy than in a conventional reactor. " world-nuclear.org Which would make it 50 to 250 years of known reserves, which would last for as long as 1500 years if we use breeder reactors. Tim

To: tejek who wrote (3003)	3/8/2004 12:16:32 PM
From: TimF	Read Replies (1) \| Respond to of 7936

May be so but that does not change the fact that it was a lack of gov't regulation which caused the problem initially. Caused what problem? The crash itself, the depression what? You think that the crash or depression would not have happened had the government in say 1925 decided to regulate more? The crash happened before the tax increases but the boom and then bust had a lot to do with money supply and with tariffs. What Caused The '29 Crash And Great Depression? ncpa.org It was one of many examples where gov't intervention is needed to keep unbridled and unrepentant capitalists from running wild. What specifically is this running wild that you are talking about? The economic bubble in the 20s (like the one we had recently in tech stocks)? Its one of the inherent problems with free market capitalism and why its not the best econ. system just one of the best right now. In America's history our economy grew faster but with more wild swings before there was a lot of regulation and government spending. But its hard to determine how much of this slower and steadier growth comes from government activity and how much comes from the fact that we a re a more developed economy. I'm fairly sure that some social programs do make the economy slower but steadier. The actions of the Fed can either increase or decrease volatility. Tim