Galt's Gulch

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  • Posted by freedomforall 11 years, 5 months ago
    That would indicate a bull market in coal is about to begin.
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    • Posted by $ Mimi 11 years, 5 months ago
      That would indicate the new EPA rules due to come out the first of June is going to coal hard.
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      • Posted by freedomforall 11 years, 5 months ago
        And then the coal industry may be more interested in profitable solutions instead of burying heads in sand.
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        • Posted by $ Mimi 11 years, 5 months ago
          I certainly have read the barrage of articles on the public’s dissatisfaction --that the coal industry is refusing to make improvements to save their industry and lessen pollutants --but, there are always two sides to every story and I think if you dig deeper you see climate policies have become a twister game rather than a road map for successful transitions. When was the last time the President worked with the coal industry instead of treating them like they are just ‘Koch minions’? I mean, he promised to be a president for all the people, and the coal industry, while being brutish and dangerous, has been an industry that aided the survival of americans for centuries. We built that. Frankly, he ran on a platform that he would help coal make the transition back in 2008. Where is the accountability? Sending Reid to the floor of the Senate to repeatedly bash the Koch brothers is not a solution. I think there is a little bit of burying their heads in the sands on both sides.
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          • Posted by freedomforall 11 years, 5 months ago
            My comment had nothing to do with political issues.
            I am talking about direct attempts to get industry to use products that reduce pollution and result in savings that double their cost. It is an eternal lament for inventors and salesmen.
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            • Posted by $ Mimi 11 years, 5 months ago
              Trade for value. If the inventors and salesman can’t sell their products then they aren’t providing a product that has value to the buyer, period. Wouldn’t someone want to double their savings and lower pollution? What is the holdback? It does become political when you try to weasel a deal with legislation, instead of ignoring the client’s concerns.
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              • Posted by freedomforall 11 years, 5 months ago
                Today the primary incentive for middle managers is keeping the job they have and in most large companies the penalty for failure far outweighs the reward (if any) for success. Upper management doesn't recognise it as a problem, but is a roadblock to implementation of new ideas and technology. It is the main reason that honest salespeople resort to the psychological games they use to make sales. Upper management doesn't see technology if the presentation has to go through lower management that has no incentive to take any risk. This is pervasive, and more deals are made on who you know than what you know. Having the best product for the job by a great margin rarely matters when the less able competition comes from GE (just an example.)
                There is little doubt that legislation gets peppered with special interest deals, but that isn't done on behalf of inventors and salesmen.
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  • Posted by $ jbrenner 11 years, 5 months ago
    They should have purged the 18 billion when they suspected that BHO was going to become president. As it is, they didn't maximize their profits by benefiting sufficiently from cronyism.
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  • Posted by Robbie53024 11 years, 5 months ago
    They are open to investing or not in whatever they choose. However, they have a fiduciary duty to their constituents to do what is in their best interest.
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  • Posted by richrobinson 11 years, 5 months ago
    This seems to me to be a bad idea. Climate change is questionable science at best. The people involved in the coal industry are not evil and coal provides heat and electricity to a lot of people. Giving into these students sets a bad example in my opinion.
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