Thursday, January 8, 2009

Who has it backwards?

Nader's journal rated Constellation Energy as the worst corporation in America for its promotion of new nuclear plants in this country.

http://baltimore.bizjournals.com/baltimore/stories/2008/12/29/daily29.html?ana=yfcpc

It is important to know the opinions of people who do not agree with you and he certainly does not. Ultimately, I believe, people like him do not want nuclear energy since it relates to nuclear weapons, but that is the same thing as saying to outlaw knives since they can be used as a weapon as well.

Their arguments are valid if we look at the past, but not to the US present situation in relationship to the world's growth. Remember no new technology or way of conducting business has ever, to my knowledge, been warmly embraced by the establishment and this is no different.

But it makes an investor like me worry and of course check and recheck his facts, hopefully, daily.

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