Category Archives: Economics

Changing Junkyards

It’s not the way it used to be.

Longer ago than I care to think about (OK, four decades or so), I regularly visited a place out in Holly, MI to scrounge parts for my British sports cars. Every other time or so, when I’d go out, and come back with the part I needed, the owner (or manager) would ask me if I wanted a job. The last time I did it was in the nineties, when I went to a place on Hawthorne Blvd in Hawthorne to get a distributor for my Honda Accord, whose shaft had sheared off on the 405 in Orange County.

Another Green “Stimulus” Fail

Google and others want a taxpayer bail out for their desert bird roaster.

That looks like a nice bill for the new Congress to make Obama have to sign.

More at (appropriately) Powerline:

The sheer temerity of the request is almost outweighed by the unintended humor of their explanation for the failure of their project: the Sun isn’t shining as much as they thought it would. But I think they’re barking up the wrong tree: rather than ask for your money so they don’t have to use their money, they should ask the guy who said he would make the oceans recede, to order the Sun to stop slacking — rudely continuing to shine as it has for five billion years — and brighten up for Google, NRG, and Obama’s legacy.

What fools these mortals who support this insanity be.

Financial Planning For Life Extension

An interview with Joel Garreau. Not sure I agree with this:

Boomer octogenarians in 2030 have “too many hard miles on their chassis” to fully benefit, but younger people may have trouble imagining the onetime prevalence of sickness and death.

I won’t be quite that old, but I think that there’s a good possibility that even for octo/nonoganerians there will be potential reversal of damage, and rejuvenation by then. And current government policies based on Scenario 1 (i.e., pretty much business as usual) are doomed to bankruptcy.