Something the pikers can relate to...
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Lol! Cramer: "higher Oil Is A Good Thing"
- Thread starter Port1385
- Start date
Something the pikers can relate to...
Quote from wutangfinancial:
we have higher oil prices, w/o a proportional increase in legitimate alternative energy research.
If oil gets high enough, people will be willing to pay a much higher price for alternative energy, since the other choice will be expensive oil. I don't see the huge need for the government to support this. Just let capitalism work.
I think the same thing about funding drug research on drugs for huge diseases like cancer. People will give all the money they have to give if there is a cancer drug that works. Let the companies gamble their own money to produce that drug, they're going to reap all the monetary rewards if it works.
I agree rising oil is bullish.
Quote from Susannah:
If oil gets high enough, people will be willing to pay a much higher price for alternative energy, since the other choice will be expensive oil. I don't see the huge need for the government to support this. Just let capitalism work.
I think the same thing about funding drug research on drugs for huge diseases like cancer. People will give all the money they have to give if there is a cancer drug that works. Let the companies gamble their own money to produce that drug, they're going to reap all the monetary rewards if it works.
Tax breaks for specific research wouldn't hurt, either.
I agree that mad money callers are from the shallowest end of the genepool.