Gongol.com Archives: September 2008
Brian Gongol


September 23, 2008

Water News Water groups cooperate on new security site

Science and Technology Electric cars and the future of American national security
On that note, Chrysler has announced it's going to have an electric car for sale by 2010.

Business and Finance Not everyone backs the proposed bailout package
Florida Representative Tom Feeney says he's "very concerned about a continued turn to the taxpayer every time some private entity makes a risky decision." Some are making the argument that the government could end up breaking even from the bailout -- or even making money from it. It may be possible...but that sure doesn't seem likely. After all, Warren Buffett (who's rather popular again) looked at the banking landscape in January and saw nothing he wanted to buy. (As it turns out, the Goldman Sachs situation has resulted in exactly that sweet deal Buffett was looking for.) So unless we're on the verge of a miracle -- or unless our financial regulators missed their true calling as magnate investors -- the idea of the taxpayer making money off the deal is probably a stretch. After all, one of our 100 sitting Senators and a major-party nominee for Vice President of the United States doesn't even know who was President when the stock market crashed in 1929.

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