Investing in Energy? Maybe Not such a good idea after all.

A major Wind Turbine Energy development company in Northern New York is calling it quits after the financial debacle on Wall Street destroyed a major investor. The company is unlikely to take this as anything more than an inconvenient set-back, sure to ask for government assistance, or even a bail-out. The problem for investors, however, is that the government always takes first position on the financial operations, so if there's any profit, the government gets paid first. Not such a good thing if you expect a dividend. A wise investor would be well-aware of who's backing the development companies and how strong their balance sheet is. Since most investors are keeping their money on the side these days and banks are still unwilling to lend beyond the most stringent qualifiers, it's becoming more difficult for companies to raise capital. As a result, more development companies are likely to be looking to the taxpayer as an investor.