Quote:
Originally Posted by qld
what happened to wall st? did you all recover your loses on tuesday,and are now back to spending up big again on the climate fashion thing?  |
No personal losses here .... my investments and savings are in good shape. My roll-over is still growing (I opted for a concervative investment roll over account when I took my money).
Some of us , who actually understand the science involved and who have actually taken the time to inform ourselves (ie by reading the IPCC report and following the scientific literature wrt climate change) have formed the opinion that :
1) climate change is THE PRIME ISSUE for the 21st century and we no longer have the luxury available to us of taking the wait and see position (ie do nuffin , business as usual attitude) and it may even now be TOO LATE avoid huge issues that are consequence of climate change , this could be existential for us.
2) climate change is more important an issue that what is happening to Wall Str , so what if some fat cats go broke , and some banks and insurance companies go broke , it's happened before , mankind survived it.
3) Propping up failing financial companies is stupid , these companies should be allowed to go under .
4) climate change is more important than the so called War on Terror, money waited on this would be better spent on more productive persuits like (say) :
a) accelerating the H2 cycle for vehicles
b) clean coal and ultra clean coal technologies
c) distributed micro power generation systems with trigeneration
Oh and the big gum tree in my front yard that I planted as a sapling 27 years ago gets a hug regularly ....
