Patrick Byrne: First of all U.S. education. Education, we’re . . . we’re spending about four . . . or no. We’re spending about eight or nine percent of GDP and education, but I would give it to where . . . some of it towards educating disadvantaged people. We’re creating . . . We have created a class of undereducated people that it’s . . . We’ve given them a death sentence. I would probably put $40 billion into a Manhattan project of alternative energy. Don’t know if it’s fusion. Don’t . . . not . . . don’t know if it’s, you know, sun. I have . . . I have . . . ..., geothermal. Not sure wind is ever gonna get us where we think it’s gonna get us, but alternative energy. And then in the developing world, although there’s a lot of evidence that you can’t get rid of poverty by giving money away, lots of it ... pretty overwhelming evidence, you can get . . . there’s . . . There were some studies done where you . . . They would go into an Indian village, and you take the output variable to be the weight of children and a family. That’s a very good way to measure the well-being of a family – specifically increases in children’s weight. Well if you give money to men, you don’t get any increase in the weight of children. You get increase in their consumption of alcohol, tobacco and (01:02:14) hookers. You give money to women, you immediately see this dramatic increase in the weight of children. So I think that there’s . . . I’m really cynical about large . . . To be honest I’m cynical about Jeffery Sachs and Bono and that whole . . . that whole approach. I mean to me they’re just trying stuff that was tried 40 years ago. It didn’t work then. It’s not gonna work now. Recorded on: 10/29/07
Discuss
daniel somers on January 21, 2008, 5:36 AM
You are so spot on with the alternative energy and it is so obvious that most of the world problems are directly related to enrgy deficiency. I would suggest that a study be done IMMEDIATELY as to the potential of using helium 3 as an alternative to uranium. There is no dangerous byproduct and there is vast quanities on the moons surface. It could open a new industry. Please take the time out to read about the tests that have been done using this material.
daniel somers on January 21, 2008, 10:36 AM
You are so spot on with the alternative energy and it is so obvious that most of the world problems are directly related to enrgy deficiency. I would suggest that a study be done IMMEDIATELY as to the potential of using helium 3 as an alternative to uranium. There is no dangerous byproduct and there is vast quanities on the moons surface. It could open a new industry. Please take the time out to read about the tests that have been done using this material.
Rachele Antenucci on November 30, 2008, 5:47 PM
I came home from visiting my younger sister who lives 2.5 hours away in Sacramento for the Thanksgiving holiday to find out someone had hacked my PayPal account and took all my money out of my account so that I cannot make my house payment or pay my property taxes or buy a Christmas tree or my children and loved ones Christmas gifts. This incident could put us in the street as I have no savings left, as health problems and dental work in the last year wiped out our savings along with the ever rising cost of living yet not the wages to go along with that. Everyone knows this has happened to me. Guess what? Nobody cares! There are no “random acts of kindness” only badness in this country. I do not believe that there are any more generous wealthy people left. Only horders who are busy busy busy greedily squirreling away their money like nuts and voting for the most murderous thieves that fatten their portfolios and make laws that protect companies and banks but no laws to honestly protect consumers.
If I had $100 billion to throw away like the wealthy bank and insurance CEOs, I would spend it on a bus system for my county where teenagers who are stranded hitchhike and get raped. Of course nothing is done about it because the rapist is a white Protestant married man. I would start a math scholarship as many are bad in this subject and drop out of college as a result. I would give tuition and books costs to anyone who got a D or an F in the subject. I believe by promoting algebra in a course of study most do not ever use again, our government is trying to weed people out of a higher education so as to create a nation of knuckleheads and of lousy Republican voters. But this will never happen in my life so who the hell really cares what I would do?!!! LOL
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