Framing the Dialogue

Posts Tagged ‘investment’

Diminishing Returns

Having a car that is nearly eight years old with almost 150,000 miles makes the annual inspection a likely costly adventure. My appointment was Monday so I dropped the car off Sunday night and anxiously awaited the news. I got the call in the early afternoon and Ed, our mechanic, started going through the list; A/C check, battery, tire rotation…little stuff really. Ed hesitated and I said “okay now for the bad news.” The bad news was repairs to the tune of $1,400 (a big part was brakes all around) and that my car would not be ready until the next evening. The real bad news is that Ed did some checking and told me that my vehicle is showing its age and miles. Some of the hidden stuff will probably need to be replaced next year and maybe I may not want to spend that kind of money. Essentially telling me that I’d be paying a lot more money for an old vehicle…or getting diminishing returns on my investment.

Update – Up In Your Business

A few months ago I wrote about how government likes to all up in your business. They just cannot help themselves. One of the examples was how the City of Pittsburgh through its Urban Redevelopment Authority used eminent domain to seize a local theatre in Pittsburgh. The Garden theatre had suffered from the decline of city theatres and the proliferation of suburban multi-screen venues. They somehow survived by catering to the XXX movie crowd. I obviously don’t know the details of their finances, but they stayed in business for decades screening those flicks. That is until the City of Pittsburgh decided that the area would be better suited to a retail development.

Sun’s Free

One of the things that I hope to accomplish with FramingTheDialogue is to link news stories and try to show their connection and often contradictions.  It is surprising, but not unusual to find more than one article on a related topic in different sections of the newspaper.  The most recent were two articles about CFL/Incandescent light bulbs that I wrote about in Watt TF.  Recently the following three articles were available on the same day though I cannot remember whether they were available on the same media outlet. 

Tilting At Windmills

Blowback on windmills was the headline that caught my eye in the “letters” section of Pittsburgh’s Tribune Review.  The letter was from Sarah Howell, the vice president, public affairs, for the American Wind Energy Association.  Ms. Howell’s response to the original article titled The Windmill Sham was understandable given her position advocating windmills.

The original editorial piece was critical of the number of jobs created by government subsidies of the alternative energy industry.  The author made the mistake of siting actual data from the Spanish government showing that the actual cost of each new job was around $333,333.00.  Of course the response from the wind folks touted how many jobs were created because of government support/subsidy of the industry.