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I just couldn’t help but notice he supports almost every Johnson. (Even ones with Swiss spellings… Johansen ….)
In April, May, and June, corporate America accumulated 1.7 Trillion in just corporate profits.
All that money could simply disappear, and it would have no effect on the day to day running of the economy. Loss of corporate profit? Job levels stay the same. Loss of corporate profit? Banks still solvent. Loss of corporate profit? Income levels don’t change…
Corporate profit is just another name for money left over after all expenses have been fufilled…
It’s extra, it sits on the outside of the economy, it is meaningless..
Let’s put that money into jobs, into business loans, into raising income levels… all which do have a benefit to the economy…
Then, once the economy is roaring, and everyone is again working, is spending freely, has more money than they can possibly use, then profits will be going through the roof…
When a business fails, the usual trend is for it not to pay it’s bills, accumulate and pocket all incoming cash it can, and then say… “Oops, sorry. We’re bankrupt….”
Allowing obscene profit during this economic depression is just as equally insane (except of course for those thieves legally skimming off the top before the upcoming inevitable collapse.)
With the hot summer here, for fun, I thought we could run a trivial feature from time to time… Trivial as pertaining to “trivia.’
I was inspired by seeing how Allan Loudell performs this function so adequately at popular events, most recently at the St. Anthony’s Italian Festival, and so I thought perhaps that with today’s sources, one could create a vague enough sketch, thereby making it fun with the use of search engines, to take a stab a guessing who this “prominent” Delawarean is……
So here it goes….
“My dad served in the Delaware House…. My great-grandfather served in both the Delaware House and Senate. Our family gained prominence by selling tomatoes and corn to the Atlantic and Pacific Tea Company…. My great, great, great, grandfather received a commendation in 1867 for serving in the Union Army during the Civil War…”
That’s all you get……
So who’s dis?
Should the unthinkable happen, and we find ourselves in another war, whether or not its commencement comes from a WWII or WWI scenario, we will still need energy to win it. And lots of it.
Most of our military data is satellite based with the servers here in the US at an undisclosed locations. Should our troops be fighting in a major engagement, those servers must stay running and on line. Imagine, being on the battlefield, facing incoming RPG’s and your information and communication systems do down and all screens go black………….fact was Aunt Mary Elizabeth, visiting relatives during the fair in Harrington, had just plugged her curling iron into the grid, and down the whole thing went……..
This is just one more reason why we need to get new energy sources on line, and wind is source with he fastest startup time.
We have covered the environmentally and cost effective benefits that wind provides. But now, with impending doom about to descend upon us, we need to create an energy source immediately.
Wind can start producing some electricity which can be added to the grid, the second the first offshore tower is completed. A coal gasification plant would have to wait until the entire structure was completed and inspected before beginning to create output.,…
Therefore even our National Security requires Delmarva power to stop dragging their feet and sign the contracts that get wind power started………Otherwise, there may not be an America to enjoy the clean cost of wind.
A deadline should be set soon: if Delmarva cannot come to an agreement within that time, the state through its PSC needs to step in and dictate the terms………
It could determine whether our troops live or die……..
When Johnson fired Edwin Stanton back in ’68, Radical republicans decided that this firing violated the Tenure of Office Act , and politically inspired, they drew up impeachment proceedings against then president, Andrew Johnson. It was 1868. Based on party lines the vote looked good and most republicans were casting straws to see who would become the next president.
Their plans came to a quick end when one of their own, Edmund Ross, refused to lay down the deciding vote. He voted no on impeachment. ” I looked down at my open grave.” is is often commented as saying.
As one commentator remarked, the political climate in ’68 was so divisive that Andrew Johnson would have been impeached for “stepping on a dog’s tale”. The Republicans had been looking for a chance to impeach for over a year and finally had their opportunity. One man, Edmund Ross, went against his party, for a higher ideal. He believed the president should be allowed to hire and fire whom he pleased. He also believed that just because Congress was of a different political stripe, one did not fire the president for a minor trumped up charge.
A similar republican attempt occurred in ’98. This time it was 1998 with Bill Clinton. The charge was masqueraded as a perjury violation, but really it was a political move designed by republicans to sully the most popular president ever. It failed. Furthermore public opinion backfired upon Republicans who themselves heavily lost popularity points and many of those who were instrumental in its prosecution, became the butts of public jokes. Americans refused to buy into the philosophy that their president should be impeached for something that goes on in most American homes every day.
Ironically both times impeachment processes have been initiated in our nation’s history, they were 1) initiated by republicans and 2) done so for purely political reasons……..
With the clear view of hindsight, one could argue that perhaps the republicans knowingly went through the Clinton impeachment process so that their following president could break the law and not have to be impeached. It is unlikely that it was planned as such, but that is exactly what happened.
The best protection Bush/Cheney has against impeachment, is the recent memory of the folly of the last one 9 years ago.
Surely we do not want to go through with that process again. Or do we?
Let’s apprise our current situation and see where we stand.
When one US attorney refused to strip black voters off the registration forms in Missouri, he was removed. His replacement promptly did just that. It was irrelevant. They hate Bush so much in Missouri, that his candidate lost anyway. Manipulating an election. Not a crime.
During the 2000 election huge, monstrous contributions went into the Bush campaign treasury from BP, Exxon, Mobil, Texaco, and Chevron. For this, they were promised exclusive rights to the oil lying just under the sand in Iraq. It was tough but a war was created that put us over top of those sands. We are in the process of getting the Oil PSA’s some cover by having them legitimized by our puppet government, despite total Iraqi opposition. Those PSA’s will allow those companies to extract the oil for free up to amortization, then pay royalties on only 30% thereafter. Bribery perhaps? Not a crime.
Currently a member of the White house staff was forbidden to testify before Congress. Today it was learned that a warning went out: any judge or attorney who attempted to file a contempt of Congress charge on any White House staff member, would be fired………Embarrassing, perhaps? But not a crime.
The language for impeachment is specific. It must be for either “treason, bribery, or other high crimes and misdemeanors. ” Precedent has shown that finding a little rule broken, does not constitute a high crime or misdemeanor. If impeachment is to carry, if done by the Democrats, it needs to be done right. Impeachment is a serious action and all its consequences need to be taken seriously.
Do we impeach Bush, or Bush and Cheney. Will the perspective of Pelosi as chief executive hurt, or help Bush’s case before the Senate.
Are the crimes that serious? Impeachment should be reserved for someone who accumulates power and refuses to listen to either 1) Congress, 2) the Judicial Branch, or 3) the American people. When once we have determined that we have a president like that, then it will be time to impeach…………….
Delaware’s PSC trimmed high hopes for a 600 MW wind farm off Delaware’s coast, by recommending a 200-300 MW one instead. This was to be backed up by a gas turbine which would fire whenever wind stopped blowing…..
Though disappointed, I understand their point. One, afraid of rushing into a new area of development, they are putting their toes in the water first, before jumping in. Two, dealing with a recalcitrant power utility, they are trying to minimize the taste of the medicine, by using half the dose. And adding a ton of sugar. (Hey Honey, come out in the garage and check out my new gas turbine….)
We understand,………. but we have to realize what we are dealing with. That is, simply put, the economic future of Delaware.
So what is at stake. Every new wind turbine creates a new job. 600 turbines, as opposed to 200 turbines means 400 less jobs or at 100,000 apiece, 40,000,000 pumped into our states economy. At a low 4% tax rate, this is 1.6 million that could be in our treasury but isn’t.
The jobs would land on both ends of the state. Assembly of the turbines at dockside in Wilmington, benefiting the hard strung Port of Wilmington, and off Lewes where boats would ship out to fix the foundations. Now is not the time to laugh off 40,000,000 dollars pumped into our states economy.
We recently had a bill in the General Assembly that offered a tax rebate to any company bringing in a hundred jobs over 100,000. And we are passing up 400 of those jobs to please Delmarva?
There is fear and trepidation among General Assembly members about crossing Delmarva Power. Their money is nice during election time. But it is countered with the fear and loathing individual voters have for their personification of evil in this small state of ours: the electric utility company………and those voters are needed to stay elected.
Therefore pressure can be maintained by all citizens who wish to pay less, not more for their electricity. They can call on each individual legislator over the break. If every member of General Assembly heard from just 5 constituents, who voiced their anger at 600 MW not moving forward at full power, the next General Assembly would be held in a changed environment. The new owners (the voters) would be in charge………(it’s an election year, you know.)
As has been mentioned before, 600 MW of wind power will drop costs of providing power from 5.6 cents per kilowatt hour, down to 2.3 cents. As everyone else knows, coal with carbon attachments, may soon cost over 15 cents per kilowatt hour. Any company worth its corporate stock would want to manufacture in a state where energy costs were cheapest. One has only to look to the Buffalo-Albany corridor to see what cheap electricity from the Niagra River Power Plant did for jobs in that state………
Delaware has the chance to do so. Waiting until other states have built their wind-farms, and stolen the manufacturers who would have come to us, is an option Delaware can ill afford.
Building a full capacity wind farm would give our state’s economy a huge boost. It would fill the coffers of the State treasury without costing any lost revenues, as other such incentives have been known to do.
To sum up, Big Wind will bring cheap power to Delawareans currently paying more than Pennsylvanians and Marylanders for their electricity. It will bring high paying jobs specifically to Delaware to build the turbines and foundations. It will bring employers who are pulling out their hair to meet margins on current high utility costs. Imagine Chrysler saying ‘No” to 2.3 cents per kilowatt hour? And move somewhere else and pay up to 25 cents later? They would have to be nuts……………..
We cannot go half assed. We need to go forward.