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February 09, 2006

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Republicans use government to serve themselves.

On the same day that Bush claims success, the courts say he was illegally wirepapping Americans.

Quiet lately. Everyone hunting wabbits? This caught my eye:

QUEENS: FUEL CELL TO POWER NEW SUBWAY SHOP The New York Power Authority and New York City Transit said yesterday that they would equip a subway maintenance shop under construction in Corona with a 200-kilowatt fuel cell, capable of powering maintenance and cleaning equipment and saving the equivalent of 2,800 barrels of oil a year that would otherwise be used to generate electricity. The new shop, serving the No. 7 subway line, is next to the Casey Stengel Bus Depot. Brian Warner, a spokesman for the Power Authority, said the authority would install the fuel cell by summer at a cost of $2 million, and would be reimbursed by New York City Transit.THOMAS J. LUECK (NYT)

I don't know what kind of fuel cell it is (there are different kinds, right?). But even if it runs on rat fur and discarded chewing gum, it seems like it would take over 14 years to pay for its installation assuming oil at $50/barrel. Put differently, if oil prices go up above $700/barrel by this summer, it will pay for itself in a year.

is it a sound investment?

"the REAL story is Republicans not criticizing Republicans when it counts."

I'd say the REAL story is Bush including Social Security privatization in his budget and Republicans not criticizing it.

Does that mean they favor it?

I'm looking forward to this book by Reagan economist Bruce Bartlett called: Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy. From the press release:

...Bartlett concludes, Bush is less like Reagan than like Nixon: an arch-conservative Republican, bitterly hated by liberals, who vainly tried to woo moderates by enacting big parts of the liberal program. It didn't work then, and it won't work now—and may have similar harmful effects for the GOP.

I'd be interested in the book club. In December, I suggested the new book by Todd Gitlin.

How 'bout "Monster at our Door?"

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