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Japan's Richest Man Outlines Renewable Energy Plan
itwbennett writes "Speaking at the launch of his Japan Renewable Energy Foundation, Masayoshi Son, founder and CEO of Softbank, outlined a plan to rebuild Japan's energy infrastructure. Son said the country could shift to renewable energy sources for 60 percent of its electricity requirements over the next two decades. He called for a 2 trillion yen (US$26 billion) 'super grid' across the country, and underwater off the coast, that would zip electricity around cheaply and efficiently to meet demand."
Hey, now while I'm no fan of either stimulus plan I object to the "wealth redistribution" class warfare rhetoric. We can't discuss class unless it is to defend the wealthy!
To be more serious, the wealthy have been waging a PR driven class war against everybody else for decades; both of Obama's plans give in heavily to the ruling class and still had/have a big uphill battle for the tiny portion that is ok. This current one will not pass for multiple reasons; one of the big ones being that tax loopholes the wealthy use to CHEAT are being closed to help fund tax cuts for the rest who've been picking up the bill for the wealthy --- the wealth HAS been redistributed upwards at increasing amounts for decades; their pay goes up while the rest are lucky to keep up with inflation (and most do not; including myself... I've never had a job that kept up with inflation.)
Tax derivatives less than 1% and you pretty much fix our budget issues. "Business" which does not benefit the real economy should be taxed like the gambling it is. Instead, we continue to let them expand their addiction to our retirement funds and soon our social security funds.
Rob a bank and its a despicable crime; rob nations and its just a statistic.
With enough money anybody can buy all the praise they desire.
Democracy Now! - uncensored, anti-establishment news
Honestly what is wrong with a little wealth redistribution?
I realize it is not popular on slashdot, but if that is what our economy needs so be it. When the rich have all the money they don't spend it. If we give that to the poor, they will spend it right away.