Archive for the ‘Off Topic Rant’ category

Nuclear Iran: Misconstrued and defending myself

November 1, 2007

My post from 10/25/07, “How much is that nuclear bomb in the window?”, was quoted in another blog, righttruth (about seven paragraphs into the righttruth post). That blog used my words, I think, as an argument for a hawkish resolution to the Iranian nuclear problem. It’s hard to tell; the writing is unclear to me. Plus, I was misrepresented because it gave the impression, by the way it was laid out, that I said something that Congresswoman Ellen Tauscher said.

If anything, my 10/25 post was attempting to show that the immediate nuclear danger is NOT from Iran. My post gave evidence of the existence of a nuclear weapons black market and of the existence of unsecured stockpiles of nuclear material around the world.

If a nuke explodes on U.S. soil in the next five years, I bet the uranium would NOT have been enriched in Iran.

Cynicism and Irony

October 23, 2007

Pardon this cynical and facetious thought but I have a solution to global warming: nuclear winter. A bunch of nukes would create an abundance of dust and smoke in the atmosphere, which would shade the earth from the sun and lower global temperatures. While studies of the affects of nuclear winter are theoretical, it seems to be widely accepted. Famous astronomer Carl Sagan, who was no chump, first proposed nuclear winter.

And note this irony: Nuclear energy has the potential to both destroy the earth and to save the earth. While a nuclear war would immediately kill many and slowly kill more (nuclear winter, cancer), nuclear power plants may be the only practical solution to global warming. Every energy source has problems and some are quite damaging—don’t get me started on coal—but nuclear power does not emit greenhouse gases. In fact, some well-known environmentalists are now pro-nuclear, such as Greenpeace cofounder Patrick Moore and British environmentalist James Lovelock.

Full Disclosure: I own uranium mining stocks in my investment portfolio. This is not a political statement as I invest only to make money.

A Run on a Bank!

August 18, 2007

This is a little off topic, but I was stunned to read this headline from The Atlanta Journal Constitution: “Californians rush to pull money from Countrywide Bank.” The first sentence reads, “Anxious customers jammed the phone lines and Web site of Countrywide Bank and crowded its branch offices to pull out their savings because of concerns about the financial problems of the mortgage lender that owns the bank.” Click here for the full article.

Is this 1929 or 2007? How messed up is the financial system? How would the markets react to a nuke attack? Are your assets safe? At a later time I’ll talk about what I’ve done to disaster-proof my finances.