Larry Johnson Gets Slapped Around
Very few ex-case officers blogging, but I wish one was Baer instead of Johnson.
$10 Trillion Shadow Banking System
Making it into the limelight.
Japan Going Solar
Married with plugin flex fuel hybrids, this could be the solution.
The Japanese government will introduce tax credits and subsidies to encourage household use of solar energy starting next year. The details will be determined in August when the budget is created. The incentive will decrease the cost of a solar photovoltaic system by an estimated 50% within 3 to 5 years.
This initiative will make solar energy especially appealing because the cost of electricity in Japan is already over $.20 a kWh. This is roughly double the rate of electricity found in many areas of the US. Increased production of solar components can help the cost to decrease by creating an economy of scale. This solar incentive will also assist Japan in becoming more energy independent and less reliant on volatile fossil fuel markets.
Hezbollah Prepping
Officials say Hezbollah is seeking revenge for the February assassination of Hezbollah’s military commander, Imad Mugniyah, killed by a car bomb in Damascus, Syria.
Wrong. It is in response to Israel’s upcoming attack.