At 5:34am on January 5th, 2009, christopher tidman said…
Have you the numbers and dollar costs for a 10 day battery backup system for your entire grid? Does America even have enough Dilithium Crystals to power the system ?
You will also need to produce more than the average consumption during the sunny days to charge the batteries ? Building extra capacity and reserve is more expensive than the existing grid which is already in place. Batteries only last so long then they have to be replaced.
A PV system produces the same amount of energy over its thirty year life expectancy as it takes to produce the PVs. A solar/thermal system costs less to set up, produces more power, lasts longer and does not need batteries because it can store energy as heat for when the sun doesn't shine.
You are thinking in the right direction. However, the existing grid moves large amounts of energy to large commercial users. These will be difficult to service without the existing grid and without conventional base power generation for days when the sun does not shine.
As home owners reduce their demand for energy the costs of idle capacity will increase the costs of electricity for the customers who are unable to switch to alternate energy.
The US is happy to rebuild Iraq and get paid with oil. Investing in America is much trickier. We have to offer things that Americans need and can afford to pay for. Electric cars will not sell if they cost too much and we will need some sort of grid to power them up.
Solar energy is not free. With photo voltaic cells you are paying up front for the energy needed to make the cell that you will get back over the next 30 years. Most of these cells are manufactured in China. Solar/thermal provides a better energy return on energy investment.
We will still need a new electric grid but it will be local and 'smarter'.
Will your plan accommodate the fact that our baby boomers are entering retirement which will leave us with 4 old people doing nothing with one person in the work force to produce the products and pay the taxes to keep everyone else fed, and repay the National debt and carrying charges ?
Where can I read or listen to your multi faceted strategy ? Why don't you post a brief outline on your blog here on this page, so we can all understand what you mean by quid pro quo guaranteed loans backed by taxpayer money.
So - What is stated in 'Simplified Economics' that is not correct ?
Is your proposal to have the Government guarantee bank loans so that the public is liable for the loans they make to their friends and the banks keep the interest ?
Isn't that what happened with the last two bank scandals ?
Why should we believe that your economic theory is any better than Mr. Greenspons theories ?
If the Government guarantees the loans, the Government is taking the risk so the Government should keep the interest from the loan not the bank. The bank is just the agent for the distribution of money and gets paid a service charge for filling out the forms,- but they don't make a profit from renting out money. If that is what you are suggesting I would agree implicitly - but it will not be an easy sell. a 'Simplified Economics' course is offered on 'my page' blog. If it is not correct, please let me know.
Hi Morris
Thomas Friedman earned a Nobel by showing that inflation was directly related to the rate at which money was introduced to the system. He was in favor of abolishing the Federal Reserve system in favor of a system that would keep the quantity of money going up at a steady rate issued directly by the Government, and cutting back on the fractional reserve banking power of the banks. At the moment, money is owned by private individuals and created by private banks who can loan the money out to individuals of their choosing for purposes they deem suitable to ensure repayment, or hoard it to make the whole economy suffer. You can not have a free market when money is treated like a commodity and all trade is controlled by the person who prints the money.
Thomas started as a 'Keynesian' economist, so he supported Government spending to overcome the recession of the 80's, but did not have a viable answer to why we had 'stagflation' where inflation (prices going up) and recession (people not having any money) occur simultaneously. He did not seem to realize that we have two money systems. When retailers extended credit to their customers they were effectively 'printing money', and the reason that all that extra money did not stimulate the economy was because it was being put into the hands of bankers who do not have to spend the stuff to survive. 'Investing' money does nothing until a product is produced, and banks do not produce anything.
He also believed in 'big market, small Government' where the Government is less than 20% of the GDP. With way more than 50% of the US citizens on the Government payroll directly or indirectly, it is not a free market economy.
Thomas Friedman's theories have not protected us from the present condition. Nothing he said even implied that the Government should borrow money from the bankers to loan it back to the banks so they can loan it to the citizens at interest while taxing the citizens to repay the loans plus interest.
When a Government guarantees a bank loan, it is because no intelligent banker would take the risk. A guaranteed loan is as good as a taxpayer liability. The US economy can not grow fast enough to allow the Government to recover (tax back) the money fast enough to pay for the future costs of running a country and pay off the $13 trillion it already owes, plus the $186 trillion unfunded public security system, while investors are still expected to purchase the $7 trillion of mutual funds held by retirement funds. There is only one taxpayer. Unless money is loaned to businesses that produce food or energy that can be sold in the present marketplace, all this extra money released through guaranteed loans will do nothing more than pay severance packages to people who are being laid off and feed a few people until we have to ask for more money.
Hi Kent
It's private ownership of money that is the problem. The bankers have too much power, and everyone wants to be a banker. Money was just supposed to assist with the concept of trade, and interest was a necessary evil to keep hard currency in circulation. Unfortunately, banks loan out 100 and expect 110 back so we either print extra money and cause inflation or we let a lot of people go bankrupt. We either have a lot of little bankruptcies, or we save them up and have a big one - like now. However with current technology it would be possible for a central bank to loan money directly to the user interest free and all of those terrible things that you have described above would be eliminated. It also makes Government much more manageable.
At 8:09am on December 22, 2008, Kim Anderson said…
Hi Morris!
Thank you for joining PP. I look forward to working with you on this historical, once in a lifetime opportunity. Will you gather supporters with petitions? We need your help.
We only have 15 days until Congress is sworn in. Time is of the essence.
Please stop by and let me know how it goes. WE CAN DO THIS!
I have been able to gather hundreds with a simple sentence -
"I am collecting signatures of support for T. Boone PIckens plan to get us off of foreign oil and onto American solutions" then put the petition in front of them. EVERYONE wants to get off foreign oil, we just need to add them to our list!
Let me know if I can help in any way.
Welcome Morris and THANK YOU for joining Pickens Plan. Below are some links and suggestions on how you can help. Take your time and check out the site. If there is any way I can help, please, let me know. If I don't have the answer, I will do my very best to get you the answer.
EMAIL A LETTER TO YOUR REPRESENTATIVES BY USING OUR EASY RED "CONTACT CONGRESS" BUTTON - - With little effort, we have the ability here for you to send a letter to President Obama, our Representatives in Washington and your Governor, too.
Click here to help organize the New Energy Army in your Congressional District! Sign up to be a District Leader today.
Go to the MY ENERGY page. Register and make your voice count.
Go to THE PLEDGE Lend your voice to the call for American energy independence Fill in the short, standard form.
Download the PETITION : get them signed, fax them in to the 888# at the bottom of the pledge, asap.
This is how we build our numbers fast! Be a leader, be a part of the "100 CLUB", by faxing in 100 signed pledge. Let Kim Anderson know when you are done and she will see that you are added to the list.
YOU CAN ALSO HELP BY BRINGING 5 FOLKS TO JOIN the site today, so that we can build a voice big enough that Congress will finally have to listen to us, instead of the lobbyists and special interests, who are trying to derail this historic effort.
On the upper right corner of Your Page, click on "States" to visit the Push Pickens Community for your state. Contact and "Friend" the New Energy Army Regional Leader for your state; you can find them to the right, in the Featured Members section.
A GROUP FOR EVERYONE Join the Guides andMaterials for New Members Group
Check out the many Groups for Solar, CNG, your area, etc. Connect, learn and share. We grow stronger with your input. If you don't see a Group that speaks to your interest, then start a Pickens Plan related Group of your own.
Join in on The Discussion Forum.
PICKENS U We are recruiting "Campus Coordinators" for colleges and universities to represent the Pickens Plan on campus. We are looking for someone who can create a college page on the Pickens Plan site and also on Facebook encouraging folks to sign up for the Pickens Plan.
OTHERRESOURCES
Posters * Power Point Presentations * Logo * Presentation Videos * Badges * Widgets * House Party Guides
IDEAS & PROPOSALS FOR PICKENS I know that many of you have great ideas and proposals that you would like to get in front of Boone's team...
They asked us to have you submit all ideas/proposals in writing to the Pickens Plan at: PO Box 12123 Dallas TX 75225.
Thanks again for joining this historical effort. TOGETHER WE CAN DO THIS.
Leslie - Welcome Wagon Volunteer
Morris Kent Thompson for President - 2012's Comments
Comment Wall (11 comments)
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Join this Ning Network
Have you the numbers and dollar costs for a 10 day battery backup system for your entire grid? Does America even have enough Dilithium Crystals to power the system ?
You will also need to produce more than the average consumption during the sunny days to charge the batteries ? Building extra capacity and reserve is more expensive than the existing grid which is already in place. Batteries only last so long then they have to be replaced.
A PV system produces the same amount of energy over its thirty year life expectancy as it takes to produce the PVs. A solar/thermal system costs less to set up, produces more power, lasts longer and does not need batteries because it can store energy as heat for when the sun doesn't shine.
As home owners reduce their demand for energy the costs of idle capacity will increase the costs of electricity for the customers who are unable to switch to alternate energy.
Solar energy is not free. With photo voltaic cells you are paying up front for the energy needed to make the cell that you will get back over the next 30 years. Most of these cells are manufactured in China. Solar/thermal provides a better energy return on energy investment.
We will still need a new electric grid but it will be local and 'smarter'.
Will your plan accommodate the fact that our baby boomers are entering retirement which will leave us with 4 old people doing nothing with one person in the work force to produce the products and pay the taxes to keep everyone else fed, and repay the National debt and carrying charges ?
Is your proposal to have the Government guarantee bank loans so that the public is liable for the loans they make to their friends and the banks keep the interest ?
Isn't that what happened with the last two bank scandals ?
Why should we believe that your economic theory is any better than Mr. Greenspons theories ?
Thomas Friedman earned a Nobel by showing that inflation was directly related to the rate at which money was introduced to the system. He was in favor of abolishing the Federal Reserve system in favor of a system that would keep the quantity of money going up at a steady rate issued directly by the Government, and cutting back on the fractional reserve banking power of the banks. At the moment, money is owned by private individuals and created by private banks who can loan the money out to individuals of their choosing for purposes they deem suitable to ensure repayment, or hoard it to make the whole economy suffer. You can not have a free market when money is treated like a commodity and all trade is controlled by the person who prints the money.
Thomas started as a 'Keynesian' economist, so he supported Government spending to overcome the recession of the 80's, but did not have a viable answer to why we had 'stagflation' where inflation (prices going up) and recession (people not having any money) occur simultaneously. He did not seem to realize that we have two money systems. When retailers extended credit to their customers they were effectively 'printing money', and the reason that all that extra money did not stimulate the economy was because it was being put into the hands of bankers who do not have to spend the stuff to survive. 'Investing' money does nothing until a product is produced, and banks do not produce anything.
He also believed in 'big market, small Government' where the Government is less than 20% of the GDP. With way more than 50% of the US citizens on the Government payroll directly or indirectly, it is not a free market economy.
Thomas Friedman's theories have not protected us from the present condition. Nothing he said even implied that the Government should borrow money from the bankers to loan it back to the banks so they can loan it to the citizens at interest while taxing the citizens to repay the loans plus interest.
When a Government guarantees a bank loan, it is because no intelligent banker would take the risk. A guaranteed loan is as good as a taxpayer liability. The US economy can not grow fast enough to allow the Government to recover (tax back) the money fast enough to pay for the future costs of running a country and pay off the $13 trillion it already owes, plus the $186 trillion unfunded public security system, while investors are still expected to purchase the $7 trillion of mutual funds held by retirement funds. There is only one taxpayer. Unless money is loaned to businesses that produce food or energy that can be sold in the present marketplace, all this extra money released through guaranteed loans will do nothing more than pay severance packages to people who are being laid off and feed a few people until we have to ask for more money.
It's private ownership of money that is the problem. The bankers have too much power, and everyone wants to be a banker. Money was just supposed to assist with the concept of trade, and interest was a necessary evil to keep hard currency in circulation. Unfortunately, banks loan out 100 and expect 110 back so we either print extra money and cause inflation or we let a lot of people go bankrupt. We either have a lot of little bankruptcies, or we save them up and have a big one - like now. However with current technology it would be possible for a central bank to loan money directly to the user interest free and all of those terrible things that you have described above would be eliminated. It also makes Government much more manageable.
Thank you for joining PP. I look forward to working with you on this historical, once in a lifetime opportunity. Will you gather supporters with petitions? We need your help.
We only have 15 days until Congress is sworn in. Time is of the essence.
Here is the petition:
http://media.pickensplan.com/downloads/PP/pollingsignupsheet.pdf
NO INFLUENCE WITHOUT NUMBERS
Please stop by and let me know how it goes. WE CAN DO THIS!
I have been able to gather hundreds with a simple sentence -
"I am collecting signatures of support for T. Boone PIckens plan to get us off of foreign oil and onto American solutions" then put the petition in front of them. EVERYONE wants to get off foreign oil, we just need to add them to our list!
Let me know if I can help in any way.
Best,
Kim
EMAIL A LETTER TO YOUR REPRESENTATIVES BY USING OUR EASY RED "CONTACT CONGRESS" BUTTON - - With little effort, we have the ability here for you to send a letter to President Obama, our Representatives in Washington and your Governor, too.
Click here to help organize the New Energy Army in your Congressional District! Sign up to be a District Leader today.
Go to the MY ENERGY page. Register and make your voice count.
Go to THE PLEDGE Lend your voice to the call for American energy independence Fill in the short, standard form.
Download the PETITION : get them signed, fax them in to the 888# at the bottom of the pledge, asap.
This is how we build our numbers fast! Be a leader, be a part of the "100 CLUB", by faxing in 100 signed pledge. Let Kim Anderson know when you are done and she will see that you are added to the list.
YOU CAN ALSO HELP BY BRINGING 5 FOLKS TO JOIN the site today, so that we can build a voice big enough that Congress will finally have to listen to us, instead of the lobbyists and special interests, who are trying to derail this historic effort.
On the upper right corner of Your Page, click on "States" to visit the Push Pickens Community for your state.
Contact and "Friend" the New Energy Army Regional Leader for your state; you can find them to the right, in the Featured Members section.
If you answered "YES" to Interested in becoming an organizer, there are several things I can recommend. Join the following Groups:
Organizers & Leaders
Online Action Army
Guides & Materials for New Members
A GROUP FOR EVERYONE
Join the Guides and Materials for New Members Group
Check out the many Groups for Solar, CNG, your area, etc. Connect, learn and share. We grow stronger with your input. If you don't see a Group that speaks to your interest, then start a Pickens Plan related Group of your own.
Join in on The Discussion Forum.
PICKENS U We are recruiting "Campus Coordinators" for colleges and universities to represent the Pickens Plan on campus. We are looking for someone who can create a college page on the Pickens Plan site and also on Facebook encouraging folks to sign up for the Pickens Plan.
OTHER RESOURCES
Posters * Power Point Presentations * Logo * Presentation Videos * Badges * Widgets * House Party Guides
IDEAS & PROPOSALS FOR PICKENS I know that many of you have great ideas and proposals that you would like to get in front of Boone's team...
They asked us to have you submit all ideas/proposals in writing to the Pickens Plan at: PO Box 12123 Dallas TX 75225.
Thanks again for joining this historical effort. TOGETHER WE CAN DO THIS.
Leslie - Welcome Wagon Volunteer
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