War ends We win: when we pass a law that makes the minimum price of gasoline at the pumps: $1.75/gallon; billion dollar/million barrel per day ethanol stills will not be built without protection from OPEC monopoly pricing rusting out our new stills.
The ethanol investors do not build ethanol distilleries because monopoly OPEC would lower the price to rust out their billion dollar million barrel a day ethanol still. Brazil is energy independent: ethanol; All their cars come built running on ethanol; Archer Daniel Midland made millions on $1.00 gallon ethanol in the 1990s; that trumps any canard/invalid objection to ethanol. Use Cellulose ethanol, not corn ethanol.
This will balance the trade deficit, create full employment, bring down the price of fuel, break the monopoly on the pricing of fuel, balance the USA government budget, create less pollution, make the USA energy independent, and end the war because we will stop funding the bad guys everyday at the gas pumps..
Intelligence analyst: Getzel
Sharia people are at war with The West because Arabs, Persians, & Sharia people believe Islam can not survive against a free market, free speech, republic with: womens rights & no honor killing: murdering women is legal in Sharia.
Arab, if only Israel: is only an excuse, propaganda, for Islamic terror; as we see that wherever the Mohammedans bump against another culture the Mohammedans say the same thing they say about Israel. In India: same thing, in Kosovo: same thing, In Israel: same thing. In Darfur: same thing. In Thailand: same thing, the Philippines: same thing. Wherever the Moslems are contiguous with another people: The Moslems say the same thing they say about Israel: If only: Sharia and no freedom of speech to criticize Islam
Ways We Can Fix This Giant Mess
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Donald Marron
Former CEO Paine Webber and current CEO of Lightyear Capital
The banking system has always been based on borrowing short and lending long, with investors and savers providing the funds. This system gets tested in times of stress. For example, Bear Stearns is a significant force in the business of clearing for securities firms and hedge funds. Hundreds of their clients with huge sums at stake suddenly were concerned about Bear, withdrew their funds and accelerated the firm's demise. It was important to overall confidence in U.S. markets that the government came to the rescue in this case. JP Morgan is getting an enormous bargain. Bear Stearns is basically strong and its stock is selling for substantially more than the expected deal price in the long shot hope that another buyer will pay more.
In addition to the credit crisis, there's been a liquidity crisis in the securities industry. Products have become so complicated that when investors wanted to sell them, buyers weren't there to buy them at rational prices. The markets can handle almost any change in values but sellers must be able to sell at rational prices. Credit constraints together with lack of sufficient information have created this liquidity crunch. We need greater transparency. But there is still great liquidity in world markets with now over $3.5 trillion in U.S. money market funds, and similar amounts in the rest of the world. U.S. corporations are also very liquid. These funds are generating record low returns—Treasury bills are below 1 percent. Some of this money will return to the credit markets. It's not as though we don't have cash; we're just not willing to commit it now.
And last, there is a confidence crisis, as shown in the dollar, which measures money flow and demand. The dollar is both an economic indicator and a confidence indicator, in the minds of investors and governments. I think (Treasury Secretary) Hank Paulson is doing many good things on both the short term and long term fronts. Short term the government needs to focus on domestic problems, as this week it has done in bailing out Bear Stearns. Long term it needs to focus on balance of trade. Another problem government has to focus on is keeping homeowners in their homes. Foreclosures don't just hurt the owners, they also hurt their neighbors. Federal, state and city governments together with Fannie Mae and Freddie Mac have to simplify a cumbersome process and save the neighborhoods.
© 2008
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