Re : : Bush Administration sells out precious American assets to the Russians



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Topic: Religions > Atheism
User: ""
Date: 13 Jul 2004 04:27:03 PM
Object: Re : : Bush Administration sells out precious American assets to the Russians


"The Bush administration is high on hydrogen. The president's proposed 2005
budget includes $228 million to help businesses develop better hydrogen fuel
cells, triple the assistance the federal government provided in 2001. What's
left unsaid in his speeches about America's potential to "lead the world in
developing clean, hydrogen-powered automobiles" is that the initiative holds
out a massive windfall for Bush insiders and well-connected lobbyists, not
to mention a Russian oligarch with a history of shady dealings and
environmental destruction." Peter Keating in Mother Jones article cited
below

"The business side of this goes back to Russians wanting a way to get their
capital into an American asset. It's like putting your money into a washing
machine -- it spins around, comes up in a different place." "The number of
people who can achieve that is very limited. I can't think of any
ex-Democrats who are successful Russian fixers, but the Baker people have
been." Tim Wood, a correspondent for the trade publication Mineweb on
Norilsk Nickel gaining access to the New York Stock Exchange

from Mother Jones article
http://www.motherjones.com/news/outfront/2004/05/04_406.html

.

User: "Christopher A. Lee"

Title: Re: Re : : Bush Administration sells out precious American assets to the Russians 13 Jul 2004 06:45:34 PM
On Tue, 13 Jul 2004 22:27:03 +0100,

wrote:


"The Bush administration is high on hydrogen. The president's proposed 2005
budget includes $228 million to help businesses develop better hydrogen fuel
cells, triple the assistance the federal government provided in 2001. What's
left unsaid in his speeches about America's potential to "lead the world in
developing clean, hydrogen-powered automobiles" is that the initiative holds
out a massive windfall for Bush insiders and well-connected lobbyists, not
to mention a Russian oligarch with a history of shady dealings and
environmental destruction." Peter Keating in Mother Jones article cited
below

"The business side of this goes back to Russians wanting a way to get their
capital into an American asset. It's like putting your money into a washing
machine -- it spins around, comes up in a different place." "The number of
people who can achieve that is very limited. I can't think of any
ex-Democrats who are successful Russian fixers, but the Baker people have
been." Tim Wood, a correspondent for the trade publication Mineweb on
Norilsk Nickel gaining access to the New York Stock Exchange

from Mother Jones article
http://www.motherjones.com/news/outfront/2004/05/04_406.html

The problem is that the hydrogen needs to be extracted, and that takes
energy which will have to come from somewhere.
I'm not a fan of nuclear energy but I would guess that would have to
be the primary source, because I don't think solar/wind/waves/etc will
produce enough, certainly with today's technology.
.


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