Howdy Steven,
I have reached the point where I don't believe anything I read in the NYT.
The Gulf States are broke, their claim to a massive soveriegn fund is a
hoax. The money being used to build Dubai is borrowed. Same for Indonesia
and Singapore. These wealth funds were controlled by a few family members
but are gone like Madoff's billions. POOF!!
Where did the money go? The Shieks spent it as they made it. Now the price
of oil has gone thru the floor and they are even more broke.
As far as believing they are cleaning up pollution..hogwash// ask a US petro
engineer under contract to any one of their petro companies.. He will tell
you they are slobs and use near slave labor from the Phillipines and India
for workers..
Nobody spends money they don't have to OR dont have.. they live like pigs,
their cities are large garbage dumps.
The USA has spent more money for pollution control in the past 30 years than
everyone else combined.. US industry and municipalities have the best track
record. The threat of fine and jail insure compliance.
Guess who has the worse ?? The US gov't and State gov'ts., the US atomic
energy comm.. the defense dept. etc.
The Guv'ment can skate without being fined.
Meanwhile.. WHERE'S THE MISSING MISSILE. ???? This missile poses a threat
both to the environment.. and.. it can take years off a guy's life.
Richard
Gulf Oil States Seeking a Lead in Clean Energy
See:
http://www.nytimes.com/2009/01/13/world/middleeast/13greengulf.html?_r=1&ref=world
http://tinyurl.com/9vss9v
Excerpt:
"They are aggressively pouring billions of dollars made in the oil
fields into new green technologies. They are establishing
billion-dollar clean-technology investment funds. And they are putting
millions of dollars behind research projects at universities from
California to Boston to London, and setting up green research parks at
home."
It would appear that some in the Middle East see the writing on the wall.
Regards
Steven Vincent Johnson
