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It's official: U.S. is in recession

msnbc.com staff and news service reports

updated 1:46 p.m. CT, Mon., Dec. 1, 2008

WASHINGTON - The economy fell into recession late last year, according to a panel of economists that is responsible for determining the dates of business cycles. ...

Well isn't that new news :roll:

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out of sympathy I wont list the 8.6 million Polack jokes that existed at last audit...

have you noticed that there aren't very many scottish jokes? either the world is in awe of your outstanding whisky and tree tossing, or you're not even on the radar. (i'll let you choose whatever option makes you feel better).

got the effete wankers bit right, but aint biting at the colony jibe. You get back to me when you lot get rid of your colonial chips on your shoulders :lol:

We were not so much a colonial aquisition as a hostile takeover. If we hadn't been bloody bankrupt, there would have been no union! :lol:

um... you'd better sit down for this.

a hostile takeover IS a colonial aquisition, and far more effective than a mere invasion.

concede that one; at least with an invasion you can have some cash salted away for chibs.

You're just not looking for the Scottish jokes in the right places; bloody plenty of them!!! (usually to do with being tightfisted) !!

However, it's only narrow minded people that see us as an annex to England (oops, maybe annex isn't the best choice of word :wink: )

Would be silly to think that after seeing Wallace kick them out !

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out of sympathy I wont list the 8.6 million Polack jokes that existed at last audit...

have you noticed that there aren't very many scottish jokes? either the world is in awe of your outstanding whisky and tree tossing, or you're not even on the radar. (i'll let you choose whatever option makes you feel better).

got the effete wankers bit right, but aint biting at the colony jibe. You get back to me when you lot get rid of your colonial chips on your shoulders :lol:

We were not so much a colonial aquisition as a hostile takeover. If we hadn't been bloody bankrupt, there would have been no union! :lol:

um... you'd better sit down for this.

a hostile takeover IS a colonial aquisition, and far more effective than a mere invasion.

concede that one; at least with an invasion you can have some cash salted away for chibs.

You're just not looking for the Scottish jokes in the right places; bloody plenty of them!!! (usually to do with being tightfisted) !!

However, it's only narrow minded people that see us as an annex to England (oops, maybe annex isn't the best choice of word :wink: )

Would be silly to think that after seeing Wallace kick them out !

mel gibson is australian.

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out of sympathy I wont list the 8.6 million Polack jokes that existed at last audit...

have you noticed that there aren't very many scottish jokes? either the world is in awe of your outstanding whisky and tree tossing, or you're not even on the radar. (i'll let you choose whatever option makes you feel better).

got the effete wankers bit right, but aint biting at the colony jibe. You get back to me when you lot get rid of your colonial chips on your shoulders :lol:

We were not so much a colonial aquisition as a hostile takeover. If we hadn't been bloody bankrupt, there would have been no union! :lol:

um... you'd better sit down for this.

a hostile takeover IS a colonial aquisition, and far more effective than a mere invasion.

concede that one; at least with an invasion you can have some cash salted away for chibs.

You're just not looking for the Scottish jokes in the right places; bloody plenty of them!!! (usually to do with being tightfisted) !!

However, it's only narrow minded people that see us as an annex to England (oops, maybe annex isn't the best choice of word :wink: )

Would be silly to think that after seeing Wallace kick them out !

mel gibson is australian.

but American by birth...

on a lighter and completely flippant note, my mum was chatted up by a guy at one of her Scottish Country Dancing nights. His big chat up line? That he was Mel's ar*e double in Braveheart. :lol:

And Eagle, Wallace was 13th Century, followed by The Bruce who was far more effective.

Unfortunately, both held back when they had the chance to take and hold significant portions of England, thus allowing them to regather strength and shaft us again!!

The real killer, as I alluded earlier to ZBH, was more financial than military. Google something called the Darien Incident to read the full story, but basically we were bankrupt and we were forced into a union that is now 3 centuries old...but which will never reach 4 centuries.

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but American by birth...

on a lighter and completely flippant note, my mum was chatted up by a guy at one of her Scottish Country Dancing nights. His big chat up line? That he was Mel's ar*e double in Braveheart. :lol:

it's a dirty job, but better than being gibson's fluffer.

The real killer, as I alluded earlier to ZBH, was more financial than military. Google something called the Darien Incident to read the full story, but basically we were bankrupt and we were forced into a union that is now 3 centuries old...but which will never reach 4 centuries.

if history has one lesson, it's real killer is *always* economic.

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because solar is a long way from being a choice to power the grid (on taht scale its' still a fantasy at present) and something needs to be done in the meantime other than 'dirty' coal plants, maybe?

the risks of nuclear are vastly exaggerated by the 'green' resistance to it; i have yet to meet a greenie who can quote anything but vague talking points about nuclear radiation and waste. not that they're not real problems but it's like the 'frankenfood' thing; the resistance on the part of most greenies has sweet f*ck all to do with anything rational.

Seems some combination of all of the above would be a lot better than we have now. If Pickens is right - wind. Solar where possible. Nuclear. And dare I say it - the US should drill more of its own oil.

we need all of those things, 'clean' coal, geothermal and hydroelectric where appropriate, and we need to develop things for the long haul like the big lens that can fry cities.

incidentally, James Lovelock, the 'gaia theory' guy, says we need nuclear to get there from here.

SCE Completes First Major Commercial Rooftop Solar Installations

Workers install thin-film solar panels on the roof of a Fontana distribution warehouse. Photo courtesy Edison International.

by Staff Writers

Rosemead CA (SPX) Dec 03, 2008

Southern California Edison (SCE) has announced completion of the first of its proposed 150 solar photovoltaic installations on Southern California commercial rooftops.

The project could eventually cover two square miles of existing commercial roofs with 250 million watts of peak generating capacity - equivalent to building several utility-scale solar power plants.

During recent months, the 600,000-square-foot Fontana, Calif., distribution warehouse roof selected as the first installation site has been fitted with 33,700 advanced thin-film solar panels making it the largest single rooftop solar photovoltaic array in California.

The facility now generates enough power during peak output conditions to meet the needs of approximately 1,300 Inland Empire homes.

"Here in California, we are taking action to protect the environment by passing laws and setting standards and our companies and entrepreneurs are rising to the challenge," said Governor Schwarzenegger.

"Edison's rooftop plan is the nation's largest solar installation program by a utility, and it is just one example of how private companies are helping us reduce our emissions and meet our renewable energy goals. Projects like this one show the world you can protect the environment and also pump up the economy, and I am proud to say it is happening right here in California."

"This innovative solar rooftop initiative is a natural extension of our industry leadership in renewable energy," said Ted Craver, Edison International chairman and CEO.

"We are driving solar technology forward and identifying creative new ways to integrate solar power into the electricity grid. A program of this scale could transform solar generation, helping bring costs down and providing us with another important way to meet the environmental challenges of the future."

SCE officials also announced today the choice of their next solar installation site. The utility will begin construction soon atop a 458,000-square-foot industrial building in Chino, Calif., owned by the Multi-Employer Property Trust, and advised by Kennedy Associates.

Additionally, the utility announced that the solar panel supplier for the Fontana installation - First Solar of Tempe, Ariz. - is once again the winning bidder for the utility's second installation. Decisions have not been made on other building sites.

SCE's renewable energy project, being called a solar power game changer because of its unprecedented scope and consumer price benefits, was prompted by advances in solar technology that reduce the cost of installed photovoltaic generation to approximately half that of current similar installations.

Additionally, the utility hopes to fill a gap it has observed in current rooftop solar projects in the state - mid-range one- to two-megawatt installations.

"SCE's is one of the nation's leading utilities. We commend their strategic decision to invest in utility retained generation; this pilot program is sited in the high peak load areas and will provide efficiencies to the grid while creating hundreds of jobs in California," said John Carrington, First Solar executive vice president of global marketing and business development.

"We are excited to have been awarded the first and second pilots in SCE's commercial solar rooftop installation project and look forward to working together on future opportunities."

Numerous Potential Benefits Seen

SCE sees numerous benefits to customers, the region and the state from its massive solar project. The program will provide a new generation source to areas where customer demand is rising.

The solar modules can be connected directly and quickly to the nearest neighborhood circuit while major new renewable energy transmission lines are being built. Additionally, the output of solar panels generally matches peak customer demand - lower in the morning and evening, higher in the afternoon.

SCE anticipates its solar power project will create new jobs in Southern California in the solar industry. The International Brotherhood of Electrical Workers, one of SCE's project partners, is supporting the project through the expansion of its solar installation apprentice training program.

SCE's solar project also is designed to supplement several California environmental programs, especially the Go Solar California campaign, which provides incentives to encourage Californians to install solar projects by 2017.

The SCE program supports the state's Global Warming Solutions Act, which requires the reduction of greenhouse gas emissions to 1990 levels by 2020, as well as complementing California's renewable portfolio standard, the goal that 20 percent of state's electricity be generated with renewable energy.

The utility received its first regulatory response to the project on Sept. 18, 2008, when the California Public Utilities Commission authorized the recording of costs for the first three installations while SCE awaits regulatory review and response to the entire $875 million project due in March 2009.

On top of this, there are already 26,000 PV rooftop installs in California. Add another 800MW of PV Power Plants is the pipeline to be installed around San Louis Obispo, North of LA.

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  • 2 years later...

It's going to be alot harder for the EU...beyond Greece, Ireland, Portugal and Spain teeter...Italy not far behind. For that matter other than Germany who in the EU is really stable....the Euros are going to have a real struggle and the ripples will extend everywhere - that is just how the world is "wired". YUP it will continue to shake the US, not as many solutions available.

Don't you wish the arrogance the EU banks and governments displayed in late 08 & 09 had a real foundation when they declare the weakness damaging the US would not affect their institutions! Well lots of greedy bastards around the world...hang in there guys, after all what is the alternative? :)

(reading the thread's 46 pages might be an interesting "re-read")

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