Saturday, March 28, 2009

Did the US Navy just save the world?

The US Navy made an announcement a few days ago that may ultimately put an end to the causes of Anthropogenic Global Warming - they have developed a process that produces replicable evidence of Cold Fusion.

Cold fusion experimentally confirmed
Neutron tracks revive hopes for cold fusion
After 20 years: New life for cold fusion?

Although some claim that it cannot be proven to be the result of fusion, these experiments produce heat, gamma rays, helium, and neutrons, but no radioactive waste. If it ain't Cold Fusion, it's close enough. If this proves out, and can be usefully upscaled, it will mean the end of the energy crisis, oil wars, man made global warming, and your Exxon stocks. Buy palladium futures now.

Friday, March 27, 2009

Sorry about destroying the world

Dear A.I.G., I Quit!

Yes, I read that letter several days ago. I felt a lot of sympathy for Jake DeSantis and his many coworkers who have borne the brunt of outrage from the public over their company's role in destroying the world. Clearly most of them bear no blame for the Credit Default Swap and Derivatives gambling at the center of the fiasco.

But there was something that kept bringing me back to his letter, even though he said all the right things and comported himself honorably ... something bothered me.

And I think I am getting closer to nailing it down ... there is, behind the heartfelt concern and aggrieved forthrightness a sense of - entitlement.

This is a guy who made great sacrifices - apparently foregoing a 7 figure salary (for a year!) in exchange for a promised million plus bonus ... ummm ... yeah ... but the undercurrent is of course he deserved more money.

He was entitled to those great sums for the important work he did while destroying the world - keeping in mind that he personally was not responsible for the really bad stuff (even though the division that he was the EXECUTIVE VICE PRESIDENT of WAS responsible ...)

I applaud his promise to donate his after tax bonus of 750 thousand dollars to those hurt by his company's work at destroying the world. He is by all accounts a good man, personally generous and well liked. But still, there is something about his fully justified whining that just feels a bit unworthy ... it must just be my own failing to properly appreciate that those who are our betters are entitled to their sense of ... entitlement.

Another view