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Barack Obama, Keith Olbermann slam John Mccain energy plan

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Uploaded by on Jun 25, 2008

Barack Obama, Keith Olbermann slam John Mccain's "energy policy"
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Tom Lee points out the problem with McCain's $300 million prize for a better battery:
...if someone were to invent a better [battery] they'd already be poised to make a huge amount of money through its commercialization.

McCain really doesn't get market economics, does he? As Jonathan Rauch documents in the current Atlantic, the search for such a battery is already underway. GM has spent a fortune developing the Volt, a plug-in car dependent on the sort of battery McCain wants incentivized. And it will be here sooner rather than later:
My own feeling, just a reporter's guess, is that battery glitches have reduced the odds of GM'€s having the Volt in showrooms by late 2010, but advances in the underlying technology have increased the odds of its producing the Volt early in the decade. In other words, delay on the order of months is looking more likely, but delay on the order of years is looking less likely.
http://andrewsullivan.theatlantic.com/the_daily_dish/2008/06/market-knows-be....

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  • what the fuck do you think a three million dollar prize is? its calling on the ingenuity of the american people. Although I would not wast that mush money, hwy use the government, they are a bunch of stupid assholes. Look how the new deal fared, then try to tell me that the government is going to get it right. Sometimes I just don't understand people. By the way, I did my science project on global warming,  found that it is not man made, and that the earth has just entered a cooling period

  • no they're too busy jerking off to palin.

  • hey republicans are u listening!!!

  • he speaks the truth!

  • "new rule, you can't put a windmill in your campaign add if you voted against every single bill that might lead someone to build one (applause), as long as your sending a camera crew to a farm, why not just take a picture of actual bullshit"

    -bill maher

  • it's gonna suck when Mccain loses, won't it? i feel for ya.

  • It McLame wins heart break will be the least of your problems, he will start world war 3 for sure!

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