History repeats. The same thing happened with "Synfuels," instigated by Carter in the 70's. Reagan pulled the plug finally a few years later but not before some 60 Billion (with a B) was totally sucked up and wasted. And that was when a billion dollars was a lot of money.
This "alternative fuels" fetish has been obsessing the leftwing 'rats for over 30 years, untold billions rat-holed, and nothing to show for it. Nada Nichts Zero Zilch. It's criminal I tell ya.
I once heard lefty icon Ralph Nader say, about 20 years ago, “We are floating on an ocean of oil.”
Even the original green freak himself knew the truth.
Speaking of Green Poop, I got off MSN Messenger with an old flame a few minutes ago. She has been a realtor in Malaga, Spain for several years. Spain is the greenest country in Europe and also has the highest unemployment.
My realtor friend gave me some examples of properties in prime locations. Selling for around 60% of 2008 prices. To buy, no money down. Pay closing costs only. Interest rate 2.9% with decent credit and 2000 Euros/month income.
Regardless, ALMOST NOTHING IS MOVING.