Are You a Right Wing Radical?
Research for Online Investors

by John Dalt

4/15/09

What does it cost to build a power plant? Here are construction costs for one megawatt of generated electricity: 

·            Coal…………             $2.9 million 

·            Nuclear……..            $3.75 million 

·            Geothermal…            $6.2 million 

·            Wind Farm…..          $6.75 million 

·            Solar…………            $7.9 million 

·            Wave…………           $8.2 million 

The U.S. has peak production capacity of about 1,000 gigawatts of electricity.  A gigawatt is 1,000 megawatts.  These are the construction costs; I have not found the cost of fuel per megawatt for the various types and the fixed cost of operation.  For example, we assume nuclear has the highest operation cost because of security and redundancy in safety.  We do not want anything going wrong at a nuclear reactor!  This list shows why it is so important to envirornmentalists to get a cap and trade tax program or some similar tax program to raise the cost of burning coal, it is too cheap.  Alternative energy costs two to three times to build.  Electric rates will have to rise to cover these costs.  This will impact each of us at home, but also make our businesses non-competative.  A friend of mine told me two years ago that China's advantages were cheap labor and cheap power.  They have no evironmental laws, the air is filthy, the rivers are dirty, but they build gadgets to sell to us cheap.  They understand it is better to eat, than regulate business until it leaves.

The London Times had an article on OH! Bama and French President Sarkozy.  It seems Sarkozy was not as impressed with OH! Bama as our press is.  His office referred to OH! Bama’s efforts as unoriginal, unsubstantial, and overrated.  And I thought it was just that they hated George Bush!

The Homeland Security office has sent a report to states warning them about “right wing radicals”.  They believe these groups may “reject federal authority in favor of state or local authority…..may oppose immigration.”  Sign me up.  I am all for federalism, it would be nice to turn Washington into a small town of little consequence.  This is what the founders intended, a small federal government serving the states, and protecting our freedoms.  Thanks to the Washington Times for outing this report. 

You can read the report; I have it on the web site under diversions.  It did not qualify to be placed under investor resources, as it is a joke.  However, when you are talking about the feds, nothing is a joke. 

I saw some interesting comments today.  Last holiday season was the slowest in four decades.  China now sells more cars than the U.S.  Automobile sales in the U.S. account for 20% of all retail sales. 

Just a word about Galt’s Long-Term Portfolio the price is going up Friday.  I know it was supposed to go up on the 16^th but I screwed up and did not give you fair warning yesterday.  Get in now for only $49 per year, less than a dollar per week.  You get a recommendation of a good stock with a set buy price every two weeks.  You get a weekly recap with any information about your holdings and the market in general, and daily monitoring service.  You get an alert in case of adverse conditions and what actions we should take.  This includes monitoring the stock prices for trailing stop losses.

I received a question from Shane, “What is the difference between the Long-Term Portfolio and SwingTrader?  The Long-Term Portfolio is for everybody, you can continue your work and we help you invest your funds to grow your IRA, 401K or investment account for the future.  You can take control of your investments, rather than buy mutual funds and trust someone in New York to “try to beat the indexes”.  The SwingTrader is a little more intense.  We initiate two trades per week with the goal of averaging 10% on each trade in five weeks or less.  Some take longer, some take less, most make money.  We have an 85% win rate, 71 profitable closed out of 85 trades, in the last 8 months. 

You should have long-term investments, and then take some of your funds and trade for higher gains.  This way you are not playing with ‘scared money’.  I do not want you to use all of your investable funds for ‘trading’, this is the fun money, and this is where we really juice your income.  Because of the higher risk, there are sadly some losses that have to be expected. 

Write if you have questions to john@galtstock.com Sign up for the service that fits your goals and temperament.  Some are not comfortable ‘trading’, it is not for everybody.  Read about more the service that best suits your needs: 

Long-Term Portfolio 

SwingTrader Service 

The Boston Tea Party spread to over 400 cities today.  The White House is downplaying these as malcontents.  Do you think it will have any effect?  Let me know what you think at feedback@galtstock.com

“ Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the Treasury. There is not even a patriotic duty to increase one's taxes. Over and over again, the courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike, and all do right, for nobody owes any public duty to pay more than the law demands."   Judge Learned Hand

The information presented in this newsletter is based on generally available news releases, corporate filings, current events, interviews and the editor’s opinions.  It may contain errors and you should not make investment decisions based solely on what you believe you have read here.  Do your own research, it is your money.  If you lose it, it is your responsibility, not ours or your grandmothers!  The editor may or may not have a position in any securities discussed.  The editor may have held a position in a security earlier, or in the future.

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