I was fortunate in that I had a great year, both personally and financially. I am looking forward to 2010, with many exciting challenges and opportunities. [...]
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In my opinion, the best way to help the environment is to change the cost and economics, so that it favors clean sources of energy. For example, people will start buying electric cars when they are priced roughly the same as gasoline powered vehicles. And, they will convert to wind and solar power when it becomes price competitive with utility power. [...] There are way too many complex derivatives products and they are often used to gamble for profits, instead of being used responsibly for hedging. Also, there are some highly leveraged and naked securities, which have such a high loss potential they never should have been legal in the first place. [...] I’m seeing a lot of comparisons in the news between the current recession and the Great Depression of the 1930s. There are lots of comments such as, “This is the highest number of foreclosures since the Great Depression”. [...] Now that the bailout bill has been signed into law, it’s time to weigh in. Like many Americans, I feel that we have been sold out by our Government. [...] |
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