Monday, November 03, 2008

The U.S. to become the next Bolivia

From my perspective, as a power engineer, there will be no winner tomorrow [in the Presidential Elections], only losers. Both candidates have attacked the whole energy industry, which I take personally after devoting 20+ years to providing affordable and reliable electricity to thousands of consumers here in the US and hundreds of thousands in developing nations overseas. So for me the two candidates are "bad" and "worse" - there is no "good." Just today I heard from my wholesale power supplier that back in January Obama promised "skyrocketing" power bills and "bankrupt" power companies - that was a shocker (see: http://www.youtube.com/watch?v=08FgJP-RCGs) - I don't see ANY winners in that scenario. I just see us becoming the next Bolivia or Bangladesh. Well, I guess I'm as qualified as anyone to function in that future - I've already worked there. But it still makes me very very sad.

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