Biofuels Inc.

The calls are growing for the end of biofuel subsidies.

“Biofuels are economical nonsense, ecologically useless and ethically indefensible,” Peter Brabeck-Letmathe, chairman of Nestl? SA, the world’s largest food company, wrote recently in a Wall Street Journal essay.

Time to admit a mistake was made and trying something else.

Dion’s carbon shock

How many more stories like this will it take for the Canadians to realize that chasing the imaginary green C02 monster will bankrupt them and the country?

While Stephane Dion promises the Liberals’ proposed $15-billion environmental tax would provide riches for the poor and tax cuts for all, he fails to mention consumers in most parts of the country would be in for some shocking electricity bills.

Harper’s comment of “insane” to describe the Green Shit plan is starting to make sense.

Making sense

It’s this kind of thinking that makes me happy to vote for Sen. McCain.

The presumed Republican nominee on Monday proposed a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. The bounty would equate to $1 for every man, woman and child in the country, “a small price to pay for helping to break the back of our oil dependency,” McCain said at Fresno State University.

We need more ideas like this to spur innovation.  It’s about time!

Posted in USA

Fallen Nortel boss busted

As one of the many who lost 98% of my Nortel stock value, it’s good to see someone get charged.

It was the sort of “perp walk” scenario Nortel investors have waited years to see.

The Nortel fiasco was almost as big as the Bre-X one, except Nortel took a lot more people down with them, including many grandmothers.

Bald job

This week’s fired-over-a-timbit stupid company story brought to you by Nathaniel’s of Owen Sound.

A 36-year-old waitress at an Owen Sound, Ont., restaurant lost her job this week after she shaved her head to raise money for a cancer charity.

I’m not sure the saying all publicity is good publicity applies to restaurants.

Oil prices solved

A good article showing that, once more, the oil crisis is actually (US) government made.

The underlying cause, of course, is that oil, coal and natural-gas prices have all gone berserk – with no relief in sight.