Ethanol is Evil: June 2008 Archives
I imagine good ol' John will become a recurring character in the people are stupid series, because, wow is that man dumb.
Recently John decided to demonstrates how much he cares about the environment by offering a $300 million dollar prize for anyone that invents a better car battery.
Newsflash, idiot: anyone that invents a better car battery is set him/herself up for a shitload more than $300 million for it.
As Tom Lee points out, via hat tip to Ezra Klein, it's not as if car companies are sitting around yelling at their R&D departments to stop working on battery improvements. Seriously, John, I know you are older than polyester, but I know a lot of smart old guys, so I'm going to have to come to the conclusion that you aren't ignorant of economics 101 simply because you went to college before Economics existed, but rather because you are just plain old stupid.
You want to help vs. global warming? Offer a billion dollar prize to somebody who can figure out how to reverse the damage done to the ozone layer. Because last time I checked, there is no huge market for that particular development, which means that anyone smart enough to do it isn't going to "waste their time" on that particular project.
By the way, it completely stuns me that the mainstream press let's John McCain get away with saying really, really genuinely stupid things all the time, particularly on things like economics, a subject in which he has already admitted to having no expertise whatsoever, without just once (one ****ing time!) calling him out for it. I mean, Hillary got more than her share of shit for supporting the gas tax holiday (which was a very stupid idea), but John, who came up with it in the first place, didn't have to face one single reporter asking him "Can you name any economists who support this proposal?". Not one journalist. Seriously?
Recently John decided to demonstrates how much he cares about the environment by offering a $300 million dollar prize for anyone that invents a better car battery.
Newsflash, idiot: anyone that invents a better car battery is set him/herself up for a shitload more than $300 million for it.
As Tom Lee points out, via hat tip to Ezra Klein, it's not as if car companies are sitting around yelling at their R&D departments to stop working on battery improvements. Seriously, John, I know you are older than polyester, but I know a lot of smart old guys, so I'm going to have to come to the conclusion that you aren't ignorant of economics 101 simply because you went to college before Economics existed, but rather because you are just plain old stupid.
You want to help vs. global warming? Offer a billion dollar prize to somebody who can figure out how to reverse the damage done to the ozone layer. Because last time I checked, there is no huge market for that particular development, which means that anyone smart enough to do it isn't going to "waste their time" on that particular project.
By the way, it completely stuns me that the mainstream press let's John McCain get away with saying really, really genuinely stupid things all the time, particularly on things like economics, a subject in which he has already admitted to having no expertise whatsoever, without just once (one ****ing time!) calling him out for it. I mean, Hillary got more than her share of shit for supporting the gas tax holiday (which was a very stupid idea), but John, who came up with it in the first place, didn't have to face one single reporter asking him "Can you name any economists who support this proposal?". Not one journalist. Seriously?
