congressional business trips (junkets) in business (luxury) jets, and the constant hiring of unnecessary government employees that do the equivalent of Gomer Pyle digging a hole in the morning and filling it back in the afternoon and some overpaid bureaucrat claiming big stimulus was accomplished for the economy. To quote Milton Friedman: Milton recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: “You don’t understand. This is a jobs program.” To which Milton replied: “Oh, I thought you were trying to build a canal. If it’s jobs you want, then you should give these workers spoons, not shovels.”
taking flying lessons are we now johnny?
any commenting on operations without reference to their uncertain debt circumstance might have been construed as misleading to any new investors who haven't been following the game. Thankfully this management team are professionals.
aby moment now we'll have comments about refinance; huge sales; or joint venture/buyout. Myself- I'd rather the company remain independent and pour money into r&d.
thanks luke but that doesn't define his views. He confuses me actually. Cosiders carbon a gaseous poison. That only leaves nuc in a practical sense. But he aint practical. Also on the government being broke- yes they've been broke since the fed printed their first $100 bill to buy treasuries years ago but thats never stopped them. They'll just print as much as they need and the population pays for it through taxation via inflation. The budget theatre is just that- theatre.
sell sell sell
Ok thanks. So what are the chances of things going wrong? And what is obummer's veiw of nuc power?
a market cap of 60mil? What am I missing? I know after the japan thing all nuc stocks went down and Obummer hasn't taken a liking to nuclear windmills yet = but 60mil?