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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (307788)	10/26/2006 9:16:30 PM
From: RetiredNow	Read Replies (2) \| Respond to of 1571420

OK. Are you one of those guys who said that our government's investment in DARPA that eventually lead to the Internet, was not worth the investment? I think you are being very blind here, Tim. If we'd spent $500B on oil independence, we'd have already guaranteed we'd get there within 20 years. Instead we spent that on Iraq. What has that bought us? Not a damn thing. Muslim radicalism is more widespread than ever and oil prices are high as hell. For every $10-15 above $20 that oil rises, it shaves off 1% from GDP. The US GDP is something like $12 trillion, so that amounts to something like $300-500B of GDP handed over to the Middle East tyrants and terrorists every year. Think on that when you calculate the costs of oil dependence. If we were oil independent, then the other countries would follow and that price of oil would collapse. That would leave an extra $300-500B in OUR POCKETS every year. Even if we spent $1 trillion to buy every US car driver, a plug-in, hybrid, flex fuel vehicle, we'd make our money back in less than 5 years. This is a no brainer folks. The numbers are large, I'll grant you, but the returns on investment are large as well. I haven't even included all the other benefits, such as a reduced need for military spending in places like Iraq, and the money we can make from licensing all of our patents on new automobile technology for cars that don't use oil, etc. Tim, you getting more clarity now?