Triple Lutz Report–$50 Light Bulbs-Thanks To Your Dim Bulbs in Congress–Episode 169

from FinancialSurvivalNet:

A trip to Home Depot this weekend revealed the shocking news that while some incandescent (Edison) bulbs are still available, our choice of bulbs has come down to: awful compact fluorescent bulbs that are hazardous to the environment and cost more; halogen bulbs, which cost many times the price of a regular bulb; and, the new and improved $50 LED bulb. While the LED bulbs are cool, 50 bucks is an outrageous price to be on the bleeding edge of technology. And for what purpose, to cut power consumption to stop non-existent global warming? I hope you’re as outraged as I am.

While we’re on the topic of the government screwing everything up, the Chevy Volt is truly a tragedy. Government intervention and plain-old bad marketing have turned a technological masterpiece into a product failure. My personal opinion is that when gasoline hits the $6 per gallon level, this car will reinvent itself and turn into a major best-seller. But, the damage to Government Motors and American technological prowess has already been done.