Tuesday, January 6, 2009

News of the Day

Eliot Spitzer is recomending stimulus money be spent on transformative investments, not bridges and buildings.

"It is a unique moment to build a new foundation. It would be wise to ensure that a significant portion of the stimulus package is spent on new investments that may not be quite as ready to go but are surely more important to our long-term economic viability."

Among his recomendations is to set up a smart grid to increase efficeincey in the energy sector. This is already being done in numerous countries most notably Italy which is experiencing a payback of about 500 mil Euros a year. The cost of the set up was about 2 billion creating an astounding four year payback. Spitzer also encourages the new administration to set up the infrastructure needed to sustain non gasoline vehicles, giving more incentive for consumers to actually buy these vehicles.

Spitzer also includes electronic record keeping for healthcare as a top priority and providing funding for a robotics team at every school. Overall he says these changes will set the stage for the next "great American economic miracle".


Paging Dr. Gupta, diagnosis "Tokenitis"

The Washington Post reports that Barak Obama wants CNN Journalist Dr. Sanjay Gupta to be our next Surgeon General. According to the post "His appointment would give the administration a prominent official of Southwest Asian descent and a skilled television spokesman".

Personally, I think it's brilliant.





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