jabmyeyes.com

I ran across a website that visually represented how much money BP lost due to the oil spill.   I was incredulous.  That much money exists?  It is a loss they plan to recoup.  How do you suppose they will make up the loss?

They have convinced us to drive bigger cars, drink our water from a bottle, use more plastic and carry on with war, any war.  Oil men love war.  War is what truly feeds Seymour.  You remember the insatiable plant from “Little Shop of Horrors”.  I liken the oil (and coal) industry to Seymour’s need to keep his plant alive.  In the beginning it was a nice fun little plant.  Harmless, at least relatively.  The plant like the oil industry has gotten so big it is devouring the planet through wars and plastic and large ships and cruise liners that carry us and our crap across oceans.

We are convinced that if we all pile on a giant boat together life will be more fun.  We are convinced that the stuff we have is not good enough.  It all needs to be replaced by better stuff.  Most of the stuff is plastic and plastic is made from oil and the plastic is brought to us on giant boats that require massive amounts of oil.  This insatiable need has been brought to you by the oil industry.

We can’t blame oil entirely.  Coal is what fuels this nations heat and air and lights.  The current grid was set up by the coal industry and subsidized by the US government.  It was harmless and useful in its beginnings.  What a blessing to have heat and air and light due to the fabulous grid work that traverses the nation.  Except, now it too is like Seymour’s plant.  Dividing and devouring and convincing us that nothing else will do.

So let me share the website that prompted this blog…

http://www.visualeconomics.com/what-bp-could-have-bought-with-all-the-money-they-lost/

I wrote to my smart friend Fred who gave me this reply…

So you see in the world of business BP’s loss isn’t so much. Don’t feel sorry for them. Don’t think how much good this money could have done because it pales in comparison to the money we waste on wars. Iraq I believe was $1,000 billion. That’s 112 times what BP wasted.

When you look at it this way — it isn’t oil and coal that feeds Seymour’s plant.  Economics feeds the plant.  How often does economic advantage take precedence over doing good?  Goodness faces doom when it gets in the way of the economy.

What truly amazed me is that 3.4 billion dollars would buy an ice cream sandwich for everyone in the world and yahoo is worth 20 billion.  Wouldn’t it be cool if yahoo bought an ice cream sandwich for everyone in the world?  There is probably a soy version for the lactose intolerant.

The Top 10 Things You May Not Know About the Wall Street Reform and Consumer Protection Act

Here are 10 aspects of the Wall Street Reform and Consumer Protection Act you may not know about — the online attention-deficit version.

1. Stronger protections for consumers against unfair credit card practices like rate hikes for existing credit card balances.  When my son had a traffic accident I didn’t work for a month to be at his bedside,  I had a credit card with a 9% rate that I never used, but kept for emergencies.  As soon as I used it the rate went to 18%.  When I called to complain, they dropped the rate to 16% and told me that was “standard practice“.   I told them this was “standard bullshit” paid it off and canceled the card forever.
2. Mortgage brokers will be prohibited from making higher commissions by selling mortgages they know consumers can’t afford. But –  We love the stuff we can’t afford. We need to go back to –> we can only have what we can afford.  Then the cost of living will drop and the pay scales will rise and we’ll need less stuff.  Like “Happy Days”.
3. Free annual credit scores so people can stay on top of their finances. [Clarification: free credit scores are available if you receive worse terms on a loan because of something on your credit report, or if you are rejected. You think this will make folks stay on top of their finances?
   
4. No more taxpayer-funded bailouts. yay!! If a company can’t make it, it will have to liquidate.  If what they sell is junk, they need to go down. Like the company building junky jets for the air force — they went down.
5. Greater input by company shareholders over how much a CEO gets paid.  Companies’ compensation boards are now required to be truly independent.  you mean they weren’t in charge of a CEO’s pay or compensation?
6. Brokers who offer investment advice will have to act in the best interests of their customers, not their own financial interests.  Oh, yeah, like some federal law is gonna make that happen.
7. Financial firms won’t be allowed to grow so large that if one fails, it will affect the entire financial system.   Isn’t that why we don’t allow monopolies? When did that change?
8. There will be one agency whose sole job is to make sure that consumers get the protections they deserve and to set clear rules to hold banks, mortgage companies, payday lenders, and credit card lenders accountable.  It will be interesting to see how this works out. I’m sure you anti-government types are focusing on this one.
9. Businesses can’t be charged extra fees for debit card “swipe fees” that exceed the cost of processing transactions.
10. You can learn plenty more here at WhiteHouse,gov or at financialstability.gov
11. Updated: To tack on #11, here’s a new animated video we’ve released to further explain Wall Street Reform.

RE:  My son’s accident–> I didn’t borrow from mother, father, sister, brother or friend, I had money sitting around doing nothing waiting for the inevitable shit that happens in life.  Something governments, companies and individuals all need to do.

I hate self check out lanes with every thing I’m made of.  That is a job that someone doesn’t have because you are checking your own stuff out.  The automated cashier is telling me to have a nice day?  That is bullshit –> which is a phrase I have used while walking out the door without buying my cart full of stuff.

A large home supplies store recently had four self checking lanes open and one cocky employee announcing to all of us customers floundering at the self checkouts. “I got it all under control baby”  I asked miss “control baby” if someone was sent home early, and wages were lost because of those self checking lanes.  She pretended to be too busy to answer my question.

While touring Oregon, I noticed that every gas station had an attendant to pump your gas for you and the gas didn’t cost more.  It was to keep people working.  Did you know that at one time it was unheard of to pump your own gas?  How long will it be before people find out that at one time it was unheard of to check out your own stuff.  Maybe we’ll think about it while sitting in unemployment lines.  We’ll have automated nurses, police and loan officers.

I was trying to understand why Goldman Sachs is in so much trouble with the government.  I found an article in the New York Times at…

http://www.nytimes.com/2010/04/25/business/25goldman.html?emc=na

Mr. Levin said, referring to testimony given by Mr. Blankfein in January. “They were self-interested promoters of risky and complicated financial schemes that were a major part of the 2008 crisis. They bundled toxic and dubious mortgages into complex financial instruments, got the credit-rating agencies to label them as AAA safe securities, sold them to investors, magnifying and spreading risk throughout the financial system, and all too often betting against the financial instruments that they sold, and profiting at the expense of their clients.” 

They bet against what they sold!?  That is legal?! Is this what we are trying to stop in this financial regulations bill?  If America is a giant casino and we are the players, does Goldman Sachs (et al) own the casino?  Are you investor types out there OK with that?

The more I read about this the more confused I get.  I think, well they must not have understood the huge impact this betting would cause us out here in the trenches.  Then I think, no, they are amazingly intelligent people, they knew, they just didn’t care; and they never will.  We can’t ever expect the casino to do what is right for us, they will always do what makes them money.   We can’t even shake our pointy fingers at them because we have admired them this whole time for their wealth and power while they plotted our demise. Half of us still admire them,  and those are the ones arranging a filibuster right now in the senate.

So we need to pay attention to what our senators are paying attention to.

http://www.senate.gov/general/contact_information/senators_cfm.cfmP

Manufacturers may actually come back to the USA if it is more cost effective through net metering.  Jobs will be created through installation of these systems, and hopefully job opportunities returning to the USA.  Manufacturers love saving money, their profits improve so then their stock holders are happy too.  Making money is the central purpose to life on this planet.  With net metering we can save the planet and make money.  Everybody is happy.

Here is the easiest explanation I could find regarding Net Metering.

Imagine the simplest possible metering arrangement: a single, 1960s-standard electromechanical meter. Now imagine that a residential customer, Ray McSolar, added a rooftop photovoltaic (PV) system (also known as a solar-electric system) to his home, on his side of this meter. Ray wakes up early for his job; on most days, he is out of the house before sunrise. In these dark morning hours, Ray makes his coffee and breakfast while watching the morning news on TV. The electric meter spins forward as Ray is consuming electricity from the grid.

Determined not to waste a bit of electricity, Ray shuts off all of his appliances as he heads off to work. Ray’s solar panels now start churning out electricity as the sun rises—electricity Ray sends back to the overstressed grid. His meter now spins in reverse.

When Ray returns at night to cook dinner and relax in front of the TV, the meter spins forward again as he consumes more electricity than his system generates. The result? Ray’s bill will show only his net consumption of electricity from the grid. Should it be a hot sunny month (when the grid needs the most help), or a month in which Ray’s electricity use is low, any excess electricity his system generates is rolled over to his next bill, just as he might rollover excess cell phone minutes.

Utilities should not have a divine right to charge for electricity that customers can otherwise generate more efficiently and more cleanly on their own.

Congress realized the vast potential of net metering when it mandated in the 2005 Energy Bill that every state consider adopting or expanding net metering programs by the end of 2007.

Participation in New Jersey has skyrocketed by over 30,000 percent since 2002. It’s amazing. The state utility commission is literally drowning in new applications. Because they embraced the net-metering concept and new business applications soared because of the savings on their bottom line from providing their own energy. What New Jersey and other states (like Montana, and Oregon) prove is that Americans are willing to invest in their own energy independence if state regulations would only let them.

Why don’t legislators like it?

No one would have followed Martin Luther King if he had said “I have a nightmare”, as mentioned by energy secretary Ed Miliband.

We need to unite in being good to this earth.  It has been so good to all of us.  I am  hopeful that the decision makers representing the world in Copenhagen are uniting in the dream — and not denying the nightmare.

We all know the nightmare –> So many pictures of people riding bikes in China through polluted air with face masks.  Stories of asthmatic children in the Bronx breathing diesel fumes.  Photos of decapitated mountains in West Virginia and the subsequent coal muck escaping in to small towns.  Growth was so big and so fast that sewage spilled in to drinking water in Florida.  Many fists pound many tables when you suggest that economic gains can be achieved through sustainable living that preserves this rare jewel we call Earth.

Polluters love muddling the facts, and making fun of the nightmarish scenarios.  Some scientists  actually feed the machine that is profiting currently.  The collaborative machine of industry, shipping, air flights, hospitals, manufacturers, and on and on are horrified by the idea of changing energy production and usage. We have evolved to need cheap stuff, more than we need liberty, freedom, water, food, shelter and coffee.

 

 

 

 

 

So lets describe the dream… Andrew Gilligan wrote an article for the telegraph.co.uk…“ Copenhagen is a city filled entirely with bicycles, stuffed with retrofitted, energy-efficient old buildings, and seems to embody the civilized pleasures of low-carbon living without any of the puritanism”.

Costa Rica produces 99% of its energy from renewable sources, reversed deforestation and is aiming to become a carbon-neutral country by 2021 by combining its ministries of energy and environment, and abolishing its army. Abolishing armies will probably never happen world wide, there will always be bad guys to fight.  We can dream though.  Other small island nations such as the Dominican Republic and Jamaica are also fairing well in levels of health and a very low footprint.