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The Basement
Attempting to bring clarity to the nuclear problems facing Japan
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<blockquote data-quote="John Roberts" data-source="post: 42915" data-attributes="member: 126"><p>Re: Attempting to bring clarity to the nuclear problems facing Japan</p><p></p><p></p><p></p><p>Perhaps we can get the congress and the white house to read Schumacher's "Small is beautiful", I sure wouldn't mind a smaller more efficient government. </p><p></p><p>I am thinking more in terms of Adam Smith's "The wealth of nations", well before Reagan's trickle down economics, Smith described how trade allowed farmers to get more money for their crops, and how that benefited the whole community as that wealth flowed through the local economy. Now I don't expect much sympathy for Jed Clampett getting paid world prices for his oil, in OK, but I see this as similar. Your Schumaher would consider oil as capital and the western economies as unsustainable. Our recent flirtation with the end of our economies as we know them, had little to do with resource use, but does resonate with his bigger is not better.. So I can see the merit of breaking up our several still "too big to fail" banking institutions. </p><p></p><p>Sorry for the veer folks, I was just trying to offer an update on the nuclear power generation industry. </p><p></p><p>JR</p><p></p><p>edit/ It is interesting to look at the expiring ethanol tax credit and import tariff through Schumacher's lens. This looks like a $6B savings for taxpayers (thank you for that), while they haven't relaxed the mandate for how much renewable fuel must be blended into our gas, so ethanol isn't likely to go away. Corn based ethanol is now using more corn than for feed/food, and cellulosic ethanol despite even higher government subsidies has just not been able to ramp up to deliver in any credible quantity. Hopefully if we can import some cane based ethanol from Brazil, that will relieve some of the pressure on our food supply, but I need to check if the mandates insist on the renewable fuel being home sourced. The global warming crowd finds ethanol dirtier than petroleum based fuels, so this gets interesting in that context. Competing "feel good" causes. </p><p></p><p>Predictions are that pump prices may increase a few cents, as ethanol makers charge more to make up for the lost tax subsidy. I really don't like ethanol, and am apprehensive about pushing it up to 15% from the current 10% max. I bet those folks caucusing in Iowa are a little uncomfortable about discussing this issue, where the corn grows as high as an elephant's eye and where a lot of that $6B subsidy ends up. Interesting times. /edit</p></blockquote><p></p>
[QUOTE="John Roberts, post: 42915, member: 126"] Re: Attempting to bring clarity to the nuclear problems facing Japan Perhaps we can get the congress and the white house to read Schumacher's "Small is beautiful", I sure wouldn't mind a smaller more efficient government. I am thinking more in terms of Adam Smith's "The wealth of nations", well before Reagan's trickle down economics, Smith described how trade allowed farmers to get more money for their crops, and how that benefited the whole community as that wealth flowed through the local economy. Now I don't expect much sympathy for Jed Clampett getting paid world prices for his oil, in OK, but I see this as similar. Your Schumaher would consider oil as capital and the western economies as unsustainable. Our recent flirtation with the end of our economies as we know them, had little to do with resource use, but does resonate with his bigger is not better.. So I can see the merit of breaking up our several still "too big to fail" banking institutions. Sorry for the veer folks, I was just trying to offer an update on the nuclear power generation industry. JR edit/ It is interesting to look at the expiring ethanol tax credit and import tariff through Schumacher's lens. This looks like a $6B savings for taxpayers (thank you for that), while they haven't relaxed the mandate for how much renewable fuel must be blended into our gas, so ethanol isn't likely to go away. Corn based ethanol is now using more corn than for feed/food, and cellulosic ethanol despite even higher government subsidies has just not been able to ramp up to deliver in any credible quantity. Hopefully if we can import some cane based ethanol from Brazil, that will relieve some of the pressure on our food supply, but I need to check if the mandates insist on the renewable fuel being home sourced. The global warming crowd finds ethanol dirtier than petroleum based fuels, so this gets interesting in that context. Competing "feel good" causes. Predictions are that pump prices may increase a few cents, as ethanol makers charge more to make up for the lost tax subsidy. I really don't like ethanol, and am apprehensive about pushing it up to 15% from the current 10% max. I bet those folks caucusing in Iowa are a little uncomfortable about discussing this issue, where the corn grows as high as an elephant's eye and where a lot of that $6B subsidy ends up. Interesting times. /edit [/QUOTE]
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