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5imple5imon

Listed below are comments made by 5imple5imon between Sunday, 15th February 2009 and Friday, 27th February 2009.

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Don't mention nationalisation 11:24am on 27 Feb 2009 #61 But the stimulus package, or deficit spending, will increase capital if it is spent on infrastructure and importantly on a path towards sustainability and reduced dependency on oil.
It might not be you 1:38pm on 24 Feb 2009 #50. It's not just a question of purchasing power.
You're essentially saying the private sector is better than public sector. Services provided according to demand.
The problem is that with either system, a few will do rather well and the many who do much of the actual work get squeezed.
Privatised services still need regulators and eyeryone still has to pay one way or another.
The cost of taking over the banks 2:16pm on 20 Feb 2009 #85 Do a search on 'solar hot water'. This technology is proven and has improved for application to northern climes.
Apparently the uk gets up to 60 per cent the sun's energy at the equator.
So there's efficiency gain and employment.
The cost of taking over the banks 11:37am on 20 Feb 2009 Technological improvements and clean energy development - great ideas but where's the big business interest and involvement?
It's telling that cable and satellite systems can be developed and made widely available for relatively low end user cost. Also, if cars were not mass produced they would be very expensive.
The issues holding back the implementation of such technologies are not trivial so the government should do more to help.
People have been making these sorts of suggestions on these blogs for months yet they keep on being ignored or ridiculed as fantasy. I'm sure it's easier to sit there and guff about economic theories but how about actually getting something done?

I find it amazing nothing has been done yet - we hear that the manufacturing and building sectors need help and we need to reduce carbon emissions. Why not invest in solar power hot water? Helps all three points above. After a quick check, the best technology at the moment seems to be German - no surprises there.
Has Goldilocks gone for good? 07:38am on 18 Feb 2009 #62 Unions - maybe they should receive share instead of cash subscriptions.
Has Goldilocks gone for good? 07:23am on 18 Feb 2009 #74 "You say people are being cautious and saving. No, they're not. They're paying down their debt. Not the same thing at all even if the cash flow looks the same. People who save aren't in any debt - they are providing for the future. Most people I know are throwing money at their debt, which is paying for past consumption"
Are you saying these savers have never been in debt? Can this be backed up by facts? - please provide them or links to them.

The main reason people go into debt is to buy a property to live in. It is seen as a saving in the long term.
Innocent victims? 07:34am on 17 Feb 2009 If government imposed regulation isn't workable or too difficult, then how about using the UN / OECD more to steer our economies to reduce imbalances? We all know how sensitive our politicians are to league tables comparing "us against them".
Making sense of the Crosby case 06:35am on 17 Feb 2009 #60 "What we want to know is why didnt any of these august bodies enforce regulatory oversight on risks they had identified three years ago?"

Yes, that's the big question but I doubt we'll get a straight answer. What we need to know is what are the precise details of the changes to regulation actually being implemented (or a definite time scale for implementing proposed changes).
Then we can deduce the reasons for the failure and make up our minds about culpability.
Innocent victims? 3:01pm on 15 Feb 2009 #92 and others. The issues raised by ever increasing population will push innovation. I think you're overly pessimistic.

In theory we should be able to generate enough power and water for the current population plus some. Resource bottlenecks are the real issue.
Maybe the contents of landfill sites could be used.

The problem is the cost to make necessary changes to our infrastructure is not currently economically viable. I hope that we have enough time between when it is viable and when it is needed.
I'm not filled with confidence, given the impending energy generation capacity shortfall. On the other hand, maybe the powers that be will use this threat to encourage investment in micro power generation.
Making sense of the Crosby case 12:51pm on 15 Feb 2009 #51 "real 'line of fire' experience" - does the current situation count as effective experience?

This approach can be applied across the board - those responsible have been caught red-handed. Make them sort it out under threat of prosecution if necessary. In a way, the current crisis could be a great opportunity for change.

I've often found the tendency of reporters to try to get politicians to admit mistakes in an adversarial manner to be very tedious. A detailed article such as this blog is so much more preferable.

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