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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (42917)	11/20/2008 3:48:56 AM
From: energyplay	Respond to of 217670

Best of luck on your talk. Biggest problem might be " Since oil is now $55 do we need to do this ?" And the even more deadly "Do we need to do this NOW ?" meaning, can't we spend the money somewhere else... Failing to say yes to those questions means you end up with an energy policy like the US under the current president.

To: TobagoJack who wrote (42917)	11/20/2008 5:12:51 AM
From: elmatador	Respond to of 217670

Agriculture doomed=>subsidies=>industry doomed=>subsidies. faltering auto giant whose brands are synonymous with the open road. Hundreds of thousands of unionized workers with powerful political backers. An urgent plea for the government to write a virtual blank check. So far, Asian companies have not complained that such a bailout would amount to an anticompetitive subsidy. But José Manuel Barroso, president of the European Commission, said last week that he thought an aid package for Detroit could be “illegal” under World Trade Organization rules. A British Lesson on Auto Bailouts By NELSON D. SCHWARTZ Published: November 17, 2008 PARIS — A faltering auto giant whose brands are synonymous with the open road. Hundreds of thousands of unionized workers with powerful political backers. An urgent plea for the government to write a virtual blank check. This is not the story of Ford and General Motors, but British Leyland, a car company that went through £11 billion of inflation-adjusted British taxpayer money, or $16.5 billion, in the ’70s and ’80s before going out of business. All that is left of the company now are memories of cars like the Triumph, and a painful lesson in the limited effectiveness of bailouts. nytimes.com