Democrats & Liberals Archives

Train Wreck Of Opportunity

Since I expect the Republican-controlled Congress to come up with an energy bill that heavily subsidizes the oil and nuclear industries, I just added BP and Exelon to my stock portfolio.

In case you don't know, BP is an oil company, but these guys are also doing some good work hedging their bets in alternative energy. Their solar unit operated in the black for the first time last year, and they just made a deal with Home Depot to distribute their residential solar power package.

Exelon buys nuclear power plants, and ramps up their efficiency and profits. They generate about 20% of the nuclear power in the US, and they're expanding.

I also got into L-3 Communications a while back and made a tidy little profit. They do military sensors and secure communications - just the thing to track down those "shadowy" terrorists networks. Of course I really screwed up not buying Halliburton in 2002. Everyone knew President Bush was going to invade Iraq, but for some reason it didn't occur to me to make a buck off it.

I'll tell you though, it was the morning of September 11, 2001, watching a buddy of mine scramble to log on and invest in Dynavision (airport security scanners), that really brought home to me the feeling of living in a society of personal responsibility.

In every human tragedy, there's money to be made. How are you guys supplementing your Social Security and making a buck off this train wreck of a Bush administration?

Posted by American Pundit at May 21, 2005 10:00 AM