Entries from January 2009

January 30, 2009

Carl Ichan is on a mission to fix corporate governance

Carl Ichan, the millionaire, has had enough of corporate mismanagement. He’s on a mission to change how boards work and put more power into the hands of ordinary investors.
On his web site he states:

The problem we face today, however, is that too many of our companies are clearly mismanaged by entrenched and [...]

January 30, 2009

Tesla Motors leads automakers in green technology

The San Jose [CA] Mercury News reported on Jan 13:

Tesla Motors Inc. and Daimler AG said Tuesday they are developing an electric Smart microcar, with plans to initially make 1,000 of the vehicles available near the end of this year.
CEO Elon Musk said his San Carlos, Calif.-based electric carmaker has been working with Daimler since [...]

January 30, 2009

Just for fun….

If I were to create an Economic Stimulus Plan, it would be quite different from the current one under consideration by Congress.
1) Lower corporate tax rates to 26% – or approximately the middle of the list of tax rates in other countries. However, I would also demand all the loopholes be closed that [...]

January 29, 2009

They just don’t get it!

Thus wrote Eric Cantor, House Minority Whip, in Politico:

It is astonishing that for every $1 in tax relief spent for small businesses, the current House Democrat stimulus plan spends over $12 buying new cars for the federal government. That’s the kind of egregious waste that results when one party is able to draft legislation without [...]

January 29, 2009

Rant of the week: failure to research

Surfing through the blogosphere this morning, I was stunned by all the misconceptions and erroneous information being posted on the Stimulus Plan.
Pundits, politicians, and everyone else with particular preconceived viewpoint are pushing their own views, and in the process misconstruing the actual plan.
For example, the Stimulus Plan protects illegal aliens. No, not [...]

January 29, 2009

Meltdown 101: What jobs might the stimulus create?

An Associated Press story reveals the number and types of jobs the Stimulus Plan could create.

If it works as planned, the stimulus proposal would create thousands of construction jobs building and repairing roads, bridges and other infrastructure. But it also aims to boost employment in the manufacturing, information technology and energy sectors, among others.
The stimulus [...]

January 29, 2009

Stimulus Plan: California businesses talk Energy

California business leaders, venture capitalists and companies are excited by the prospect of President Obama’s Stimulus Plan for one reason: validation of all their hard work, research and development.

Bringing the power grid into the Internet age is a priority. The bill presented by House Democrats includes $11 billion to boost the IQ of [...]

January 29, 2009

Why Stimulus Plan should focus on Technology

An article in Fast Company Magazine cites the creation of a new “green” nuclear reactor that leaves a zero carbon footprint while eating up nuclear waste.

Physicists at the University of Texas have invented the Compact Fusion Neutron Source (CFNS), which is a clever system that mixes of two types of nuclear power reactors. The older [...]

January 28, 2009

Does KSA King Abdullah II read Tom Friedman?

If he does, then he will see the Friedman’s latest column in the Times in which Friedman recommends a revised Saudi 5-State peace plan for Israel-Palestine.

The virtues of this five-state solution — Palestine, Egypt, Jordan, Israel and Saudi Arabia — are numerous: Egypt and Jordan, the Arab states that have peace treaties with Israel, [...]

January 28, 2009

Economic Stimulus Plan and Infrastructure

As reported by CNN today, American Civil Engineers are blowing the whistle again about the terrible condition of America’s road, railways, water and sewage systems, dikes and dams, and bridges.

The American Society of Civil Engineers issued an infrastructure report card Wednesday giving a bleak cumulative ranking of D.
“We’ve been talking about this for many [...]