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Consumer spending remains strong in spite of the weak GDP and which putting cash into flow in the U.S. economy in spite of the sluggish GDP growth. "Comments from the Fed yesterday noted inventories are now at more respectable ratios. People don't think the GDP number really means that much because happens is looking for a gain in momentum in second quarter," Cardillo continued.
For massive wind farm he had planned in Texas, Mr. Pickens/Mesa Power LLP had already ordered 687 large wind generators from General Electric, in order to delivered starting in 2010. But transmission lines being built in the state were unlikely to reach the location he has leased until 2013, so he to be able to put the turbines anywhere. Mr. Pickens had once planned to create his own transmission lines, but difficulty in finding financing amid the credit crisis forced him to shelve that plan.
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