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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (3654)	12/29/2008 5:42:29 PM
From: RetiredNow	2 Recommendations Read Replies (1) \| Respond to of 86355

Well, I have a couple Masters degrees, one in technology and one in accounting. However, I had to take plenty of economics classes along the way as well. Where I learned most of my business sense, though, was in the real world. I learned my economics from the finest companies in Silicon Valley. We don't compete on price, rather, we compete on quality, features, and performance. Take Intel, for example. They routinely produced new processors that cannibalized their older products. Take Cisco, as well. They routinely invent newer, more powerful products, even as old tech becomes obsolete. The money this country will save from being off fossil fuels will far outweigh the initial investments required. Then once we can eliminate subsidies for oil and military adventures required to secure our oil supplies, as well as start producing alternatives at scale, then alternatives will prove to be far cheaper. I've seen this process play out a thousand times in California. I know you may not see things change much in your world of oil and coal, but in Silicon Valley, we make a habit of making people like you obsolete. In fact, we're doing it again with alternative energy. Looks like you and your kind will get left behind again. Too bad, because many of us who saw this coming will make a lot of money from it.