T Boone Pickens continues his hard sell efforts when it comes to the flawed Pickens’ Plan . Yesterday, a bipartisan group of bloggers had a teleconference with T Boone. If one listens through ’the call’, several points might jump out:
1. The bloggers seem have an uneven understanding of energy issues based on their comments and questions. In fact, the "right wing" bloggers seem to have basically no knowledge of energy issues. From the "left", several of the bloggers have legitimate claims to be energy/environmental experts.
2. At the end of the day, T Boone Pickens was able to get away with half-truths and untruths in the session.
This was part of T Boone’s promotion of an "e-rally" to be held before and after the Presidential debate this evening, with Sierra Club executive director Carl Pope joining him, to seek to influence the national debate toward T Boone’s problem filled plan . A brief review of the...
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Debra Fiakas, CFA submits: T. Boone Pickens is making the rounds of bookstores these days to sign his latest book The First Billion is the Hardest. The man’s life is apparently so large it requires multiple autobiographical accounts - three so far. Boone was published in 1987 and The Luckiest Guy in the World in 2001. Only the most patient reader gets past the first page of The First Billion as Mother Pickens is described going into labor. Pickens perhaps unwisely chose not to... more
Things appear to be getting worse. First the banks, then the insurers, small businesses, the auto industry, etc … we seem to have reached the bottom in terms of negative sentiment - even though we feel that the actual situation in 2009 could end up being worse than most people believe, or at least, the consequences will be far more wide-spread…
In the midst of this, it always pays to be proactive and positive and that’s why we thought we should post these inspiring words f... more
The Pickens Purge. Investors ask for their money back. (WSJ.com). Hedge funds are on track for another horrible month. (NYPost.com). Investing like Yale is not as easy as it looks. (FT.com). There is always a bubble somewhere. ...
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Well hello there to everyone out there surfin’ the Progressive Blue this fine Sunday evening! I hope this column finds you all doing well and capping off a mighty fine weekend.
(Grand Crescent Moon Sunset by Fort Photo. )
I bid you welcome to the last vestige of frivolity until (gasp) you have to go back to work tomorrow. So we will end our weekend properly with The Sunday Sunset. This open thread is meant to try to keep the weekend alive a little longer... more
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Dispatches from My Bed
Due to temporary difficulties with up my cable and Wi Fi, as well as a temporary physical limitation, I’ve had a lot of time to stare at the ceiling and think over the last 10 days or so. I scribbled down some thoughts, and my take on the advice and analysis I was able to get a hold of. Today I was able to type them out and divide them into two simple categories.
At times while writing this, I felt like a master of the obvious, ... more
What we have been witnessing the last week, indeed over the last several years, is nothing less than the Collapse of Reaganomics. Often referred to as "Trickle-down economics", Reaganomics basically sought to enrich the wealthy. Under the [mis-guided] assumption that those tax-favored wealthy interests, would in turn, create business, jobs, and opportunity, for the rest of us -- those members of society, not fortunate enough to live among the rich or famous.
" Trickle-down economics " ... ... more
Welcome to the Midnight Oil . This diary is open for discussion from a few minutes after midnight through a few minute before (maybe two days later, maybe three). The intro remains the same, but the body is always changing.
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Populist movements don’t build themselves, they grow from a process of people learning how to support a series of populist campaigns in a populist way , rather than as passive consumers of corporate politica... more
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