Wall E And Eve

What are WALL-E and EVE doing on the right? Well, stay tuned.-

The troubled assets relief program (TARP) is morphing into things unexpected. Detroit, the auto industry, wants some of the 700 billion, and today, Phoenix, Philadelphia and Atlanta, representing cities, made a case to share in this largesse, arguing that public welfare makes the most sense, and mayors were at the ground level to immediately put people to work. Next, of course, the Terminator, gaining the full support of all states to manage the funds, as California, in particular, is in terrible shape, only a step or two away from bankruptcy.-

Wall Street has become the big, bad villain these days. They need some positive public relations, so what about something so far-fetched as the U.S. Senate convening in 2009 with 60 senators, meaning no filibuster. With a visionary as POTUS (President of the United States), real change can come. So let's fantasize a bit.-In an inspired move supported by all, including the general populace, President Obama and our new Congress agree on the Economic Vitalization Edification (EVE) Act of 2009, endowing 2500 to each person living in the country (yes, maybe also illegal immigrants, but not tourists), with a stipulation that, if they purchase anything, it must be made in America (advocated in HuffPo article, Buy American, Again), and, create a Green Wall Street instrument, for now, called Wall-E, no, not from Chevy Chase's WALLEY WORLD, but that underdog robot from the movie, WALL-E (Waste Allocation Load Lifter Earth-class), with the E, of course, standing for a clean environment.-This Wall-E will represent a segment of the stock market only for environmentally enhansive companies. The Big 3, for example, would need to spin off corporate entities focused on renewable energy powered vehicles. Yes, this sounds awfully close to that lovable Waste Allocation Load Lifter Earth-class, WALL-E, and the love of his life, Extra-terrestrial Vegetation Evaluator, EVE, so get Steve Jobs and Disney somehow involved in the marketing of the concept.

SIMPLE SOLUTIONS for Planet Earth, published last year, predicted that oil would drop to 50/barrel, and the Brent Spot Price this week made it down to 51/bbl. On cue, T. Boone Pickens has apparently, for now, abandoned his wind farm efforts, supposedly because credit is tight, but, let's face it, 50 oil significantly raises the risk factor, the deadly virus for renewable energy projects. -So, the next economic rescue package should focus on saving these Green programs because we all know that when the world financial crisis is overcome, oil prices will zoom pass 100/bbl, perhaps even up to 200 in five years. If these sustainable energy projects die now, it will take years for many of them to recover. The corporate giants will need to develop start-up firms to take on this challenge, for we know how constraining a stodgy corporate board can be. We can use something like WALL-E and EVE to save the Nation and World.-The Dow Jones Industrials dropped 350 points, then, at midday, like yesterday, began a climb, this time up 450. The DJI then crashed 438 at the bell to 8497, down 346 for the day. World markets virtually all rose a bit. The price of oil is now at 57/barrel, a fall of 1.20, with the Dated Brent Spot back down to 51/bbl. Gold is up to 750/toz.-All quiet in the ocean.-