Richard,
The new CEO of EDS is Mike Jordan not Vernon
Jordan, and those two have very polarized political connections. I think
the "United Negro College Fund" thing threw you off. This one is white and a big
Republican. In fact he made the "Top10" list of CEO contributors (100%
Republican).
.
You won't read about that, or any other negatives,
in the glowing company PR release mentioned by Mike Carrell:
Jordan, as I said is probably an honorable man, and
very well connected in the Republican Party, in a time when EDS needed political
connections. His business acumen is in doubt however, as he is taking the blame
for gigantic multi-hundred-million dollar losses in a contract with the
Marine Corps which he insisted on winning.
Last point - and then I'm done with what is turning
into a short-sighted thread.
Mike, your stance - in the larger context of finding a way out of the fossil fuel dilemma - is appearing short-sighted and almost selfish - but in fairness let me say that it is based on your unflinching commitment to a company which may or may not have something of value. Yet you want that company alone to be the beneficiary of every indulgence and leniency in a field fraught with con-artists, some very sophisticated - and when others honestly feel that BLP has demonstrated nothing of value to the general public. Yet you feel that all nay-sayers have something personal against BLP. I do not look at this as personal in any way, and have said many times that BLP probably will have a viable technology some day - but they have not even come close to demonstrating it in public.
Mike, your stance - in the larger context of finding a way out of the fossil fuel dilemma - is appearing short-sighted and almost selfish - but in fairness let me say that it is based on your unflinching commitment to a company which may or may not have something of value. Yet you want that company alone to be the beneficiary of every indulgence and leniency in a field fraught with con-artists, some very sophisticated - and when others honestly feel that BLP has demonstrated nothing of value to the general public. Yet you feel that all nay-sayers have something personal against BLP. I do not look at this as personal in any way, and have said many times that BLP probably will have a viable technology some day - but they have not even come close to demonstrating it in public.
I think we should hereafter, in regards to BLP's
credibility, institute the "Rothwell Test." Jed is very open-minded about
LENR and understands the broader-field very well, but has not yet been convinced
of BLP's work. When he is finally convinced that BLP has demonstrated something
of commercial usefulness, then we can say for our purposes, it has reached a
certain credibility plateau - and that others should get on the bandwagon and
give it the same kind of indulgence and trust which Mike Carrell now gives
it.
Otherwise, the result of that short-sightedness could be very devastating to other fledgling companies and good ideas, in need of support from a limited number of "angels" --- in fact to the whole field of LENR. These are companies and researchers who are on the verge of being able to actually demonstrate something useful with tens of thousands of dollars - which BLP has not been able to do so far with 10s of millions.
Why should we care - simple - there is only so much total R&D
capital available for all of alternative energy. There are few investors and
lots of needs. If a slick promoter comes around and gets most of that
discretionary "angel" money then many others will suffer.
> You go on to say the individuals may be honorable men -- if
> so, why the fuss? This then appears as an opportunity to vent
> your personal frustrations.
Absolutely NO personal frustrations are involved on my end. I am concerned about the future of the whole field of alternative energy, while you seem to only focus on a single company. Many observers who have no axe to grind, do NOT feel that BLP is up to the task. Maybe you have seen something that we have not - but so far, everything coming from BLP is a huge disappointment, considering the time and the amount of money they have already burned through.
If BLP should push through a really big IPO - based on what little they have shown in public, knowing that they cannot produce a product quickly - and they have consistently shown over the last 14 years that they cannot even bring an OU prototype device to public scrutiny - then yes... that would be a huge tragedy for the whole field, including and especially LENR, all of cold fusion, ZPE conversion, MAHG, Ultraconductors, magnetics and everything else.
I hope now you can see where I am coming from - it is not personal - why should it be?
I have no monetary stake in any of this, and in the
past - you have assured us that you do not have such a stake in BLP
either. I hope that is still the case, and
that you will be able to somehow appreciate the "big picture".... unless, of
course, you know something that we do not know.
Jones
