Posted on 12/31/2010 1:57:41 AM PST by Kevmo
HOW TO SAVE OUR ECONOMY
by Joe Shea
American Reporter Correspondent
Bradenton, Fla.
Vol. 16, No. 4,104 - The American Reporter - December 29, 2010
BRADENTON, Fla. -- There is one, and only one, answer to America's burgeoning national debt, now in the many trillions of dollars and seemingly impossible to repay. There is a way - and also a means - that can be summed up in two words. The first is prosperity.
What happens when individual American suddenly once again have cash in their pockets, jobs to go to, and money in the bank? If the prosperity endures for any length of time, debt begins to fall as tax revenues grow. So what is the word that is going to make that happen? Well, there was a different word that made it happen in the Clinton Administration: Internet.
The Net exploded on the world scene in 1994, when a clever man by the name of Tim Berners-Lee created the World Wide Web. Soon, from the University of Illinois supercomputing center, came the first Internet browser, called Mosaic. With the advent of Mosaic, e-mail - pretty much the only widely accessible function then - was overtaken by the advent of jazzy Internet graphics.
With HTML encoding, such as I do by hand for every edition of The American Reporter (we don't use any templates), the power of the Internet immediately began to emerge. By the turn of the century, revenues from all Internet operations closed in on $1 billion. By the end of the past decade, advertising revenues alone reached $23 billion.
But even in 1999, according to an otherwise flawed report by the University of Texas McCombs School of Business in Austin, jobs traceable to the Internet had gone from the dozens in 1993 to 2.67 million by 1999. Oh, what a little invention can do!
Because of the Internet, President Bill Clinton could leave a $127 billion surplus in 2001 for the Bush Administration to squander (it was all gone by 2003). By 2005, Bush was running a budget deficit of $519 billion, according to Bloomberg News. So the question becomes, "Where can President Obama find another Internet?"
He doesn't have to look far. But he may have to ignore the Dept. of Energy.
That's the second word: energy. Back in 1988, "cold fusion" and its discoverers, the late Dr. B. Stanley Pons of the University of Utah and English chemist Dr. Martin Fleischmann, were being tarred and feathered for their claims by both the media and fellow scientists. A "60 Minutes" segment in November 2009 would later rehabilitate them and their theory, which now has been replicated at least 2,000 times.
But in April 1989, one observer was just a few steps outside the fray. Soon he, too, would be disparaged, but never on the same scale. His name is Dr. Randell C. Mills, a graduate of Harvard Medical School who'd been encouraged by a mentor there to study bioengineering at nearby MIT. Some of our readers were not yet born when Drs. Pons and Fleischmann were branded as fools, so let me recount a little of what happened.
On March 23, 1989, the day before the 10.8-million-barrel Exxon Valdez oil spill on the pristine shores of Alaska's Prince William Sound, Pons and Fleischmann held a press conference. Even as a number of universities and other laboratories rushed to claim the same achievement first, they told the press in Salt Lake City that they had produced "tabletop" or "cold" fusion, i.e., that they had harnessed the power of the sun. And not in a hugely expensive magnetic bottle, as physicists expected to do some day, but in a couple of plain glass vessels on a laboratory countertop in the chemistry building at the University of Utah.
Pons and Fleischmann declared that during simple electrolysis, using palladium as the anode and deuterium, or heavy water, as the electrolyte, the reaction to an electric current was demonstrably emitting far more energy (as the palladium's lattice absorbed a high percentage of deuterium) in the form of far more heat than conventional chemistry could account for.
For five years starting in 1983 they had labored to do this, and just as other labs threatened to beat them to a patent, the university, Fleischmann says, pushed them to hold the press conference in advance of publication of their paper on the topic, in the obscure but peer-reviewed Journal of Electromagnetic Chemistry. The story was a huge one, making headlines across the entire world; the Valdez story was on the front page with it.
The irony in that coincidence has escaped most historians, but the two stories together created a tale of breakthrough and disaster that could be a great tragedy, if well-told. That’s because in the seeds of cold fusion are the death of Big Oil.
But the Pons-Fleischmann claim was more immediately and profoundly threatening to a group of well-funded physicists whose careers were buttered with tens of billions of dollars in federal funding for their fruitless hot fusion projects, such as the Tokomak reactor.
To date, none of this funding - perhaps $50 billion worth so far - has produced a working hot fusion reactor, or saved an American consumer a single cent. The return on taxpayers’ $50-billion investment: zero. The advent of a simple, cheap, competing technology, if it were allowed to stand, would be absolutely ruinous to them, these men knew. So, they didn't wait to publish, either.
Instead, with a poor understanding of what occurred in Utah, they rushed through attempts at replication. Instead of the lengthy times needed to allow the palladium lattice to absorb that high ratio of deuterium, they invariably tried to get the reaction the Utah scientists did quickly and easily - and it didn't happen. NASA scientists later criticized the would-be replicators harshly for flawed and "hurried" experiments.
Meanwhile, new billions of taxpayer dollars were in the pipeline for all kinds of hot fusion studies and projects. Their spokesman was Bob Park, the president of the American Physical Society and a columnist for the society's prestigious scientific journal, Physical Review. His "What's New" column relentlessly attacked cold fusion and its discoverers, and later Randell Mills.
According to the Village Voice, Park actually lied on at least one occasion about Mills' work. His well-read column told the world acupuncture didn't work, that Jesus Christ was an "itinerant healer," and, ever the breathless insider, that the North Koreans couldn't build an ICBM - on the day before they successfully launched one.
By early May, just weeks after they announced their discovery, Dr. Park and the APS took their anti-cold fusion show on the road. By May 9, less than two months after the cold fusion announcement, Malcolm Browne of the New York Times wrote, "Top physicists directed angry attacks at Dr. Pons and Dr. Fleischmann, calling them incompetent, reciting sarcastic verses about their claims and complaining that they had refused to provide details needed for follow-up experiments. A West European expert said 'essentially all' West European attempts to duplicate cold fusion had failed."
Browne was one of hundreds of science writers who felt betrayed and embarrassed by their initial reports, and some - like Thomas Maugh of the Los Angeles Times, who first report I read, would never touch the subject again. The reporters were burned, all right, not by Pons and Fleischmann but by Bob Park and his pals in the publicly funded hot fusion industry.
The denunciations came as Dr. Pons was actually in Washington, getting ready to meet with President George H.W. Bush to ask for $25 million for further study of cold fusion. That meeting never happened. Very quickly, long before any serious effort at replication could be mounted, the tide was turned. It was awful to watch, especially for those whose hopes for a pollution-free future had risen so high, so far and so fast.
Later, when a new patent had already been published in the Gazette of the U.S. Patent Office, a "poison pen" telephone call from Bob Park to friends at the patent office got the patent grant to Mills reeled back in and then denied. That had apparently never happened before.
By himself, Park has probably saved the oil industry twice, and cost Americans countless billions of dollars in cheaper energy costs they might have enjoyed. But more about that shortly.
One scientist who joined Park in denouncing the hydrino theory of Randell Mills, way back in 1999, was physics Nobelist Dr. Steven Chu. Today he is Secretary of Energy. Despite the validation of cold fusion - now called LENR, for Low Energy Nuclear Reaction - and the laudatory revelations of the November 2009 "60 Minutes" piece, and groundbreaking presentations at the March 26, 2010, convention of the American Chemical Society, Chu is not parting with money for more research. The Dept. of the Navy and a private firm had to finance the latest study. But Mills has not sought government funding or Wall Street equity money, and has raised $71 million on his own.
Chu and Park have one thing in common: the craftiness to disable the rise of a new scientific theory just at the point when the public might demand action to implement it, and save Americans the endless billions of expense that then go to fuels and electric power. Park's lightning strike on Pons and Fleischmann came just as a meeting between Pons and the President was about to give them the green light; Chu's came just as Randell Mills was ready to make public his plan to change the way the world used the energy of hydrogen.
"It's extremely unlikely that this is real, and I feel sorry for the funders, the people who are backing this," Chu told the Wall Street Journal's Dow Jones News Service in 1999, when Mills results' were being validated by America's national laboratories, major universities and NASA.
But scientists are catching up with these two deft dodgers. At the March 26 meeting of the American Chemical Society, for instance, Michael McKubre, director of SRI International's Energy Research Center in Menlo Park, Calif., told National Public Radio's "Science Friday" program about an American company in Israel, Energistics Technologies, that has recently demonstrated a 25-fold increase in energy after putting 40 Joules of heat into their cold fusion process and getting 1.47 megaJoules out.
"We're seeing thousands or tens of thousands of times more energy than can be explained by any form of chemistry that I'm familiar with," McKubre told NPR. "If you could do that every time with cheap materials and no dangerous byproducts, that is a practical technology. That is commercializable, just there," he said.
As impressive as they are, the Energistics results from a cold fusion process pale in comparison to those from Mills' hydrino reactors. The inventor of the BlackLight Process rejects quantum mechanics and its relativistic answers in favor of Einstein’s concrete, classical physics that yield hard, clear, testable numbers. That has divided and re-divided the world of physics like a great amoeba. Some physicists have hardened their position against Mills, some have moved from skeptical to undecided, and others have joined his camp. Meanwhile, peer-reviewed journals have published 84 papers on the hydrino and the theory behind it, all in support of Mills' dense calculations.
But Mills already has 20 working 50- and 75-kilowatt reactors at his plant in Cranbury, N.J. (not far from where both Einstein and Edison worked), and big-name venture capitalists (like a former CEO of Westinghouse and formed USAF chief of staff) have so far backed him to the tune of $71 million. In fact, you might coin a new adage in the field of high-energy physics: "One working self-regenerating reactor is worth all the theories of quantum and classical physics combined."
Meanwhile, the relativistic theories of quantum mechanics seem to have met their match in Mills' unified model of classical and quantum theory, in that his devices work - and have about $700 million in contracts awaiting roll-out. The latest came from a sprawling Italian multinational, the RadiciGroup, which ordered a 750MW hydrino reactor to power all the Group's industrial and corporate facilities in a deal announced on March 19, 2010.
So what is the savior of the economy? Either, or both, cold fusion and hydrino reactors. Both could - by virtue of their relatively low cost and cheap materials, as need for no fuel but water, not to mention emission-free production of electricity - transform our manufacturing base, our employment picture, our state and federal tax revenues - and our lives and burdens - almost overnight. These are technologies that work now and can be implemented now.
With real leadership in Washington, we can be self-sufficient in energy just two years from now and free of fossil fuels in a decade. When the President called on Americans to alert him to any technologies that are "ready to go" to address the nation’s energy needs during a Town Hall session in North Carolina on March 29, 2010, cold fusion and hydrino energy both came immediately to mind.
And like the Internet once did, they can save the American economy - this time for good. Now there is a greater imperative than there has ever been to adopt and fund them: without such a boon, we will become a bankrupt nation, unfathomably deep in debt to China and other trading partners. Those in power have a hard, cold choice: take what the good Lord has given us in these new technologies, and abandon those that have failed and polluted this lovely planet, or die as other civilizations have, in debt, desolation and disgrace. Those are choices that separate the real patriots from the flingers of rhetoric and defenders of the status quo.
Too many people presume that putting the oil industry out of business would be a terrible thing. That's not true. With a new source of electricity that is pretty close to free, hundreds of thousands of small businesses would spring up overnight, both to replicate the technology under license and to develop new applications for it.
In turn, that would stimulate jobs for hundreds of thousands of well-educated engineers and millions of people who will assemble these devices from newly-manufactured parts. Finally, energy-intensive businesses that have gone broke on $3 gas can spring back to life without that burden of cost and maintenance.
Hydrino vehicles, according to the latest "concept car" from BlackLight Power, Mills' company, will get 1,500 miles on a single liter of water. Not only would automotive design soon be back in a big way, but motorists - needing no more fuel than 50 gallons of water for the life of the car - would have tens of billions of extra dollars in their pockets as they put the automakers back to work. You can add billions to that from cheap residential electric and heating costs. The hydrino "cell stack" that powers an electric motor will power a conventional-looking car that costs just $9,800 to build and at 276HP has more than twice the horsepower of my speedy little Saturn SC-2.
Just two words: "Energy" and "prosperity," can save us. The economy, sans Big Oil, will renew and replenish itself overnight if the vast inventive capacity of America is allowed by the Obama Administration to put itself to work again. Even Republicans could vote for that.
Contact Joe Shea at editor@american-reporter.com.
The End of Snide Remarks Against Cold Fusion http://www.freerepublic.com/focus/f-bloggers/2265914/posts Friday, June 05, 2009 5:56:08 PM · by Kevmo · 95 replies · 1,770+ views Free Republic, Gravitronics.net and Intrade ^ | 6/5/09 | kevmo, et al
How I Made Money from Cold Fusion Saturday, January 23, 2010 12:28:49 PM · by Kevmo · 28 replies · 1,013+ views Exclusive Article for Free Republic | 1/23/10 | Kevmo http://www.freerepublic.com/focus/f-chat/2435697/posts
The Suppression of Inconvenient Facts in Physics http://www.freerepublic.com/focus/f-bloggers/2266921/posts Sunday, June 07, 2009 7:50:26 PM · by Kevmo · 78 replies · 1,626+ views Suppressed Science.Net ^ | 12/06/08 | http://www.suppressedscience.net/
‘Cold Fusion’ Rebirth? New Evidence For Existence Of Controversial Energy Source http://www.freerepublic.com/focus/f-news/2212864/posts Monday, March 23, 2009 12:42:14 PM · by FlameThrower · 35 replies · 1,586+ views Science Daily ^ | Mar. 23, 2009 | American Chemical Society
___________________________________________________________________
Should have clickable links this time...
The End of Snide Remarks Against Cold Fusion http://www.freerepublic.com/focus/f-bloggers/2265914/posts Friday, June 05, 2009 5:56:08 PM · by Kevmo · 95 replies · 1,770+ views Free Republic, Gravitronics.net and Intrade ^ | 6/5/09 | kevmo, et al
How I Made Money from Cold Fusion Saturday, January 23, 2010 12:28:49 PM · by Kevmo · 28 replies · 1,013+ views Exclusive Article for Free Republic | 1/23/10 | Kevmo http://www.freerepublic.com/focus/f-chat/2435697/posts
The Suppression of Inconvenient Facts in Physics http://www.freerepublic.com/focus/f-bloggers/2266921/posts Sunday, June 07, 2009 7:50:26 PM · by Kevmo · 78 replies · 1,626+ views Suppressed Science.Net ^ | 12/06/08 | http://www.suppressedscience.net/
‘Cold Fusion’ Rebirth? New Evidence For Existence Of Controversial Energy Source http://www.freerepublic.com/focus/f-news/2212864/posts Monday, March 23, 2009 12:42:14 PM · by FlameThrower · 35 replies · 1,586+ views Science Daily ^ | Mar. 23, 2009 | American Chemical Society
Of course, you have always believed that oil can be eliminated and alternatives will easily replace it. It's all just energy and energy alone.
The facts are, not ONE automobile would come out of Detroit without oil to make the carpet, plastics glass, paint and vinyl/rubber.
But of course “Cold Fusion” must have an answer and solution for that as well, according to this crop of total bullshit.
Let me be the first to say it, BS!
If Cold Fusion or Neutrino Reactors were possible and Economically viable we would have them now.
Photovoltaics and Wind power are massively Inefficient and require huge Subsidies functioning only a small percentage of the time and having no way to store energy while needing a cost prohibitive investment in transmission lines.
If the Two Pie in the Sky were even possible they would require even more of what would be necessary to make Wind and Photovoltaics workable.
A reliable energy supply is mandatory to promote economic development. But, We have an administration that does Not want America to be Prosperous because that would somehow be exploiting the less Intelligent or less ambitious.
The Regime currently Ruling us is Not interested in an abundant energy source that would Democratize Energy and Liberate Americans. Instead they want a limited Centralized source that will keep Americans in crisis mode and Dependent upon the Government.
Looks like you didn’t even bother to click on the link. You’re using a recycled argument.
Before all the snide remarks begin, here are some articles to read so that the detractors don’t run through the same arguments over & over again.
The End of Snide Remarks Against Cold Fusion http://www.freerepublic.com/focus/f-bloggers/2265914/posts Friday, June 05, 2009 5:56:08 PM · by Kevmo · 95 replies · 1,770+ views Free Republic, Gravitronics.net and Intrade ^ | 6/5/09 | kevmo, et al
Why do we dump $billions into hot fusion, which has produced tens of MegaJoules, when the $millions we’ve trickled to cold fusion has produced thousands of MegaJoules?
Not including the use of energy, just the fact that most plastics, materials, lubricants and chemicals comes from Oil.
***Which accounts for, what, maybe 5% of oil usage? The vast majority of oil usage is for energy production. I would be much more comfortable to be beholden to islamofascists for a 5% figure rather than a 95% figure.
But of course “Cold Fusion” must have an answer and solution for that as well, according to this crop of total bullshit.
***No, not at all. It has an answer for energy production, not plastics production.
You do not address why the Energy from “Cold Fusion” is not for sale on the commercial market today.
If it was then you might have a point about whether it is possible.
The very fact that Kevmo posted this Populist/Marxist propaganda, and is serious about it, is evidence that Trolls can and will survive for way too long on this forum.
***I’m not sure your comments will survive long enough to be addressed, since they violate the rule of not making it personal.
Assuming your comment survives, I could care less about the political nature of this article other than the big picture it presents. If you want to discuss the viability of cold fusion, great. If you want to seagull and call a long-standing Freeper a troll, then get lost.
Clicked the Link at the Top of the Article and it took me to a page that was talking about Google. Nothing about energy there.
Energy from “Hot Fusion” is not for sale on the commercial market today, although we have poured $billions into it. When that happens, you might have a point.
Let’s say we’ve poured $200B into hot fusion and we’ve produced 20MegaJoules of Energy. That’s $10k/Joule. But with cold fusion we’ve seen ~2,000 MegaJoules for ~$200M. That’s $0.10/Joule. It is 4 orders of magnitude cheaper. It deserves 4 orders of magnitude more money, directly to be taken from the hot fusion projects.
W
You are incredibly ignorant.
It is an industrial fact, posted at the American Petroleum Institute, that over 45% of every barrel of oil is used for manufacturing materials, medical supplies, building materials, food packaging (water bottles, etc,) plastics, electrical components etc,,, The list is vast and thorough.
There again, you make brash statements without backing them with facts. Which convinces me that the rest of your B.S. is nothing more than just that. Especially your Cold Fusion theory. Which if it were so complete and superior, would be the Worlds most widely used form of Energy by now.
That is, if it were true. You make it sound so abundant and easy, even a Cave Man could do it!
Reducing or eliminating all or most union influence would be a major factor in any recovery. This would include reining in pension plans, reducing them and eliminating all of them for future hires. In other words, let new employees pay for their own benefits with their salaries. Also, cut or eliminate as much government spending wherever possible except for necessary and emergency services such as military, law enforcement, firefighters, hospitals, etc. Next begin massive nationwide and statewide investigations into any waste fraud and abuse in welfare, food stamp programs, social security and medicare. Next, secure the border and stop the flow of illegal immigration. Heavily fine any company that hires illegal aliens. Force companies to investigate who they hire before they hire them to ensure they are in this country legally so that jobs can go to American citizens or legal immigrants.
Alan
Simpson calls seniors the Greediest
Generation…
Here’s
a response in a letter from a fellow in Montana
…
“Hey
Alan, let’s
get a few things
straight…
1.
As a career politician, you have been on the public
dole for
FIFTY YEARS.
2.
I have been paying Social Security taxes for 48
YEARS (since I was 15 years old. I am now
63).
3. My
Social Security payments, and those of millions of
other Americans, were safely tucked away in an
interest bearing account for decades until you
political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in
return for votes, thus bankrupting the system and
turning Social Security into
a Ponzi scheme
that would have made Bernie Madoff
proud
4. Recently, just like
Lucy & Charlie Brown, you and your ilk pulled
the proverbial football away from millions of
American seniors nearing retirement and moved the
goalposts for full retirement from age 65 to age
67. NOW, you and your shill commission
is proposing to move the goalposts YET
AGAIN.
5. I, and millions of
other Americans, have been paying into Medicare from
Day One, and now you morons propose to change the
rules of the game. Why? Because you idiots
mismanaged other parts of the economy to such
an extent that you need to steal money from
Medicare to pay the
bills
6. I,
and millions of other Americans, have been paying
income taxes our entire lives, and now you propose
to increase our taxes yet again. Why? Because
you incompetent bastards spent our money so
profligately that you just kept on spending even
after you ran out of money. Now, you come to the
American taxpayers and say you need more to pay off
YOUR debt.
~~~~~~~~~~~~~~~~~~
To
add insult to injury, you label us “greedy” for
calling “bullshit” on your incompetence. Well,
Captain Bullshit, I have a few questions for
YOU.
1.
How much money have you earned from the American
taxpayers during your pathetic 50-year
political career?
2. At what age
did you retire from your pathetic political career,
and how much are you receiving in annual retirement
benefits from the American
taxpayers?
3. How much do you
pay for YOUR government provided health
insurance?
4. What cuts in
YOUR retirement and healthcare benefits are
you proposing in your disgusting deficit
reduction proposal, or, as usual, have you
exempted yourself and your political
cronies?
It
is you, Captain Bullshit, and your political
co-conspirators who are “greedy”. It is you and they
who have bankrupted America and stolen the American
dream from millions of loyal, patriotic
taxpayers. And for what? Votes.
That’s right, sir. You and yours have
bankrupted America for the sole purpose of advancing
your pathetic political careers. You know it,
we know it, and you know that we know
it.
And
you can take that to the bank, you miserable son of
a bitch.”
Here’s the link.
I’ll double check this against the URL I posted.
http://www.american-reporter.com/4,104/187.html
Admin Moderator, please note the typo in the link that I posted.
http://www.american-reporter.com/4,104/185.html
should be
http://www.american-reporter.com/4,104/187.html
Very true, and Cold Fusion is not one of them.
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