- Ohio lawmakers pushing thorium as a long-term energy solution
- Ohio lawmakers pushing thorium as alternative nuclear fuel
- Thorium – the next big thing in nuclear power?
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
Wednesday, January 1, 2014
Passing it along...
News from the Energy From Thorium site.
Lotto run
Just went out and got a lottery ticket. Yes, I know it is pitiful to think that you can win one of these things. As Flip Wilson once said, 'you can't win if you don't put a coin into the slot'. That's true even if the slot machine is a one armed bandit. Sometimes, you can win.
If I win the lottery, I intend to do something with it. That's the point. Better to have a plan that has a better than zero chance than no plan at all, which has zero chance for sure.
"I'm sick and tired of waking up sick and tired".
Update:
Better get used to it. I didn't win, of course.
If I win the lottery, I intend to do something with it. That's the point. Better to have a plan that has a better than zero chance than no plan at all, which has zero chance for sure.
"I'm sick and tired of waking up sick and tired".
Update:
Better get used to it. I didn't win, of course.
Benghazi whitewash
Checking out a little of what written about it in the New York Times through a second hand source that will remain unnamed. There's several things about Benghazi that cannot be whitewashed, though the left will try
- Even if the video was a motive for the attacks, there is no reason for the US to apologize nor to explain it away. The attacks were absolutely unacceptable. If the militants are offended, that's their problem, not ours. It's our right in our country. We cannot allow militants to dictate what we do in our own country. Besides, the video is just an excuse for an attack. You don't allow the enemy to make excuses like that, and thus validate them in any way.
- The administration lied about the attacks as having been caused by that video. Whether it was a motivation or not is irrelevant. The video didn't cause the attacks. The attackers caused the attacks.
- There was no excuse for not coming to the aid of the consulate while being attacked. The refusal to supply aid and then to lie about it afterwards were political calculations. No whitewash can cover up this fact.
- Even a response that originated in the US could have gotten there in the time period involved. A B1 bomber could get there in six hours. Even if that is too late, some type of retribution would have been better than nothing at all.
- The administration promised to get to the bottom of this. But they haven't arrested anybody, nor has anything been done about it to my knowledge.
A little blog housekeeping
Finally got around to it. The book reviews were reworked and placed at the bottom of the left sidebar. I added a video for the Reid Reasor campaign for the Senate.
By the way, Happy New Year.
Whoop-de-doo.
Update:
I placed the Reasor video near the top. I'm getting a bit more activist here. Tired of the same old shit.
By the way, Happy New Year.
Whoop-de-doo.
Update:
I placed the Reasor video near the top. I'm getting a bit more activist here. Tired of the same old shit.
Gold sees biggest annual loss in 3 decades
cnbc via Free Republic
There's a significant difference between policies in 1981 and now. In 1981, there was a tightening in monetary policy that quenched inflation. With receding inflationary threats, gold retreated from its highs back then. The opposite situation prevails now, with interest rates and monetary stimulus fighting off the threat of deflation.
There was no bubble during the inflationary years of the seventies. But there is a bubble now. In order to fight deflation, the Fed is creating asset bubbles. These assets appear to be more appealing now that equities are booming. Hence, the loss of interest in gold. But is the boom for real, or is it all just a bubble?
A bubble, I say. So far, the policy makers can claim that there's no inflation. But there's plenty of asset inflation. This is misinterpreted as prosperity. What happens when that inflationary monster does appear? It must for it always does. In this instance, the asset inflation may ignite inflation in the real economy.
The only way that the inflationary monster doesn't appear is if the deflationary monster cannot be tamed. In that case, the monetary stimulus will become permanent. The evidence shows that this may not be the case.
Thus, the Fed is on a horn of a dilemma. It cannot give up monetary stimulus until the economy responds. But when (or if) it responds, it will then have to hit the brakes--- for once the economy starts growing in earnest, inflationary pressures will mount. Given all the monetary stimulus that will have preceded it, how can they be sure that the inflationary pressures won't be significant? If they are significant, and I think they cannot fail to be, gold will once again regain its luster.
Gold's loss of luster in 2013 solidified Tuesday as the precious metal settled 28 percent lower for the year at $1,202.30 an ounce, its worst annual fall since 1981
There's a significant difference between policies in 1981 and now. In 1981, there was a tightening in monetary policy that quenched inflation. With receding inflationary threats, gold retreated from its highs back then. The opposite situation prevails now, with interest rates and monetary stimulus fighting off the threat of deflation.
There was no bubble during the inflationary years of the seventies. But there is a bubble now. In order to fight deflation, the Fed is creating asset bubbles. These assets appear to be more appealing now that equities are booming. Hence, the loss of interest in gold. But is the boom for real, or is it all just a bubble?
A bubble, I say. So far, the policy makers can claim that there's no inflation. But there's plenty of asset inflation. This is misinterpreted as prosperity. What happens when that inflationary monster does appear? It must for it always does. In this instance, the asset inflation may ignite inflation in the real economy.
The only way that the inflationary monster doesn't appear is if the deflationary monster cannot be tamed. In that case, the monetary stimulus will become permanent. The evidence shows that this may not be the case.
Thus, the Fed is on a horn of a dilemma. It cannot give up monetary stimulus until the economy responds. But when (or if) it responds, it will then have to hit the brakes--- for once the economy starts growing in earnest, inflationary pressures will mount. Given all the monetary stimulus that will have preceded it, how can they be sure that the inflationary pressures won't be significant? If they are significant, and I think they cannot fail to be, gold will once again regain its luster.
VISIONARY VOICES | Greening the New Industrial Revolution
VISIONARY VOICES | Greening the New Industrial Revolution
The author doesn't say how you can achieve this. If I may be so bold, the way you do this is with cheap, abundant energy. This would be from molten-salt reactors using the Thorium fuel cycle. It is abundant and it is cheaper than coal. Once you get energy cheap enough and abundant enough, you can recycle everything because it would be cheaper to recycle it than to mine it.
The writer is Director General, United Nations Industrial Development Organization.
The author doesn't say how you can achieve this. If I may be so bold, the way you do this is with cheap, abundant energy. This would be from molten-salt reactors using the Thorium fuel cycle. It is abundant and it is cheaper than coal. Once you get energy cheap enough and abundant enough, you can recycle everything because it would be cheaper to recycle it than to mine it.
Chinese Tycoon Wants to Buy New York Times
Breitbart
quote ( of the New Year ):
Picture the extraordinary irony of that. A Chinese tycoon ( from a Communist led government ) will buy an American ( formerly known as the newspaper of record ) newspaper ( from a supposedly capitalist country ) and "only report the truth". You can't make this shit up. Truth is truly stranger than fiction.
quote ( of the New Year ):
“If I acquire the Times, the paper will only report the truth and must verify all information,” Chen told Reuters.
Picture the extraordinary irony of that. A Chinese tycoon ( from a Communist led government ) will buy an American ( formerly known as the newspaper of record ) newspaper ( from a supposedly capitalist country ) and "only report the truth". You can't make this shit up. Truth is truly stranger than fiction.
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