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To: Hawkmoon who wrote (106043)2/22/2008 7:03:22 AM
From: DebtBombRead Replies (2) | Respond to of 306849
 
Hedge funds are blowing left and right. This is probably where the selling is coming from.

AQR's Biggest Hedge Fund Fell Almost 15% Through Mid-February
bloomberg.com

Zwirn to Close Hedge Funds After `Large' Redemptions (Update1)
bloomberg.com



To: Hawkmoon who wrote (106043)2/22/2008 9:14:09 AM
From: SuperChiefRead Replies (2) | Respond to of 306849
 
(Gore)...may have developed alternative energy by now.

As long as we are riding in a time machine let's go a little
farther back to a peanut farmer who had some alternative energy ideas......

Consider President Jimmy Carter's April 18, 1977 speech. Since it was given nearly three decades ago, when many of the reporters in Bush's White House were children, it's understandable that they don't remember it. But it's inexcusable that Bush and the mainstream media (which, after all, has the ability to do research) would completely ignore it. It was the speech that established the strategic petroleum reserve, birthed the modern solar power industry, led to the insulation of millions of American homes, and established America's first national energy policy. "With the exception of preventing war," said Jimmy Carter, a man of peace, "this is the greatest challenge our country will face during our lifetimes."

He added: "It is a problem we will not solve in the next few years, and it is likely to get progressively worse through the rest of this century. "We must not be selfish or timid if we hope to have a decent world for our children and grandchildren.


"We simply must balance our demand for energy with our rapidly shrinking resources. By acting now, we can control our future instead of letting the future control us." Carter bluntly pointed out that: "The most important thing about these proposals is that the alternative may be a national catastrophe. Further delay can affect our strength and our power as a nation." He called the new energy policy he was proposing, "[T]he 'moral equivalent of war' -- except that we will be uniting our efforts to build and not destroy."

commondreams.org