wind power

I caught T-Boone on 60 minutes tonight. That was right after my flat tire, so I missed the small bits but caught the important stuff. T-Boone owns a 60,000 acre ranch in Texas and wants to be the largest windpower plant in the country. For ten Billion dollars, he can put in 2600 windmills to produce enough power for 1,300,000 homes.

Now I am not sure what the ten billion covers-if it includes the infrastructure, etc, or just the windmills-but my thought immediately travelled to that 700 billion dollar wall street bailout Paulson just received. That 700 billion would have supplied windpower for 72,210,000 homes.

Oh yeah, other news today? Paulson, former Wallstreet exec and current secretary of the Treasury who just received the aforementioned 700 billion dollars from the American people to bailout big banks and anyone else he deems deserving, isn't going to stay with the job. End of Bush's term, he's out -Take the money and run, baby. :(

Paulson and Wallstreet

Found this googling Paulson and wallstreet. The comments were pretty interesting, as well. Just to give you a better idea about the guy who requested 700 billion to bail out banks with no strings attached....
[Todd Zywicki, September 26, 2008 at 11:55am] TrackbacksHank Paulson's Wall Street Days:Looks like the boom/bubble years on Wall Street served Hank Paulson pretty nicely:
Executive compensation: As Goldman's chief, Paulson received an $18.7 million cash bonus for the first half of 2006, and in 2005 he was the highest paid chief executive officer on Wall Street, reaping $38.3 million in salary, stock and options. He also accumulated 3.23 million shares of Goldman's common stock worth $492 million, plus restricted shares worth $75.2 million and options to purchase 680,474 shares, according to a Goldman regulatory filing on July 2, 2006.
He sold the shares in 2006 when he took the Treasury job:
Paulson sold his 3.23 million shares in Goldman, worth about $500 million at the time, when he took the Treasury job, according to regulatory filings. He was exempted from paying capital gains tax on the sale of those stakes under a rule meant to avoid penalizing wealthy people who take government jobs and are forced to sell assets....
http://volokh.com/posts/1222444533.shtml