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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (28645)	11/25/2008 5:30:06 AM
From: axial	Respond to of 46821

Frank, thanks for the post. It reaffirms issues and facts that have been posted here for almost a decade. Even 5 years ago there was a window of opportunity, where input costs were manageable, and the US had the means to invest in new infrastructure. Instead, as Peter pointed out in an excellent post months ago, capital was deployed in non-productive (even destructive) ways. Lest this sound too preachy, it's equally true (for instance) in the UK, which put aside and built nothing when it tapped into new North Sea oil and gas discoveries. Beyond the state we're in is the question of how we got here. How did it happen that we lost our way? In many infrastructure-related ways we ignored the obvious and figurative need to maintain the roof. What were the drivers? Societal, certainly. Did we somehow gain a post-war sense of entitlement? What happened to prudence, and the hard-learned lessons of our fathers? Now, as predicted we're playing catch-up from a much weaker position than formerly held. The saying is that it's never too late to do the right thing. No sense kicking ourselves: let's get on with it. The question now is: can we re-invent the dynamic required to apply many wonderful new technologies? Can we sponsor new economic models (tax breaks, better capital allocation, stimulus, investment and profit in the public and national interest)? A whole array of potentially beneficial power generation technologies has been posted by your readers. To harness them properly, we need a plan in which top-down and bottom-up can play their parts. And, we need to re-acquaint ourselves with the expertise of those who have, for years, been quietly warning us that this day was coming. Jim