Thursday, October 22, 2009

Stupid is as stupid does

This is way off topic for my blog, but I had to put it down for posterity.

The rail project on O'ahu is the biggest waste of money in the history of the State of Hawai‘i. $5.5 BILLION for steel on steel rail system.

There is no proof that anyone will ride this system and given the costs, it is pretty sure that no one will pay to ride on this system.

Let's look at a solution that cost less than 10% of the above project which includes free ridership for the first 5 years (to get people used to using it)

1. Buy 1,000 Solar Electric buses @ $120,000 each = $120,000,000
Buses can be more flexible as far as routes go which increases the likelihood of commuters using the service.

2. Build a 300MW Solar Power station to charge the buses = $300,000,000
This way we not only green the island with free public transport, but green the power system

3. New Bus Stations with solar powered cooling fans = $5,000,000
Another enticement to the commuters

4. Free public transportation for 5 years $50,000,000
That is a lot of money, but when you are thinking of spending billions, it becomes quite attractive.

Total cost $475 million

Why is O'ahu digging itself such a deep hole? A $5000 hole for every man woman and child on the island.

Friday, October 16, 2009

Banks are gutting the country for record profits

Every still thinking American should watch



If you're wondering where your money has gone?

Goldman Sachs set aside about $16.7 billion for compensation so far this year.

"When CEOs of corporations make 400 times what their workers make- this is not what America is supposed to be."



I can't agree with you more fully.