Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (78327)	1/18/2007 5:11:14 PM
From: Tommaso	Respond to of 206146

Not only the Scientific American magazine, with a readership of over a half-million, but even the National Geographic, with a readership of maybe ten million, pointed out the vulnerability of New Orleans to a major hurricane. If any politician, either Democratic or Republican, at any level of government, paid any attention to these warnings, I would like to know who it was. Looks like bipartisan ignorance, stupidity, and criminal indifference to me. Except when the government is procuring the latest gadgets to kill people efficiently, the only area in which politicians seem to respect professional expertise and wisdom is, to some small degree, economics. But even then they often don't listen to the advice. Politicians are experts in getting elected. As a private citizen and investor, all I can do is to try to protect myself against the folly of the government. A prime example in energy is this ethanol thing. I am very happy to have discovered only in the past week that this new ETF is available, DBA. The ethanol debacle will not help with gasoline prices but will drive corn through the roof and take the other grains with it. A falling dollar and demand for American-grown wheat and soybeans as well as corn, plus sugar (the four commodities in DBA) may very likely double the price of DBA within the next two years.