Us Stocks Fall Amid Banking Concerns

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The Pickens Plan is the brainchild of T. Boone Pickens and proposes a move to wind power to generate digicam. Rather than rely on natural gas to create electricity, the Pickens Plan offers an energy crisis solution: wind power. Currently, 22 percent of our electricity is generated by natural gas, according to T. Boone Pickens.





For large amount of wind farm he had planned in Texas, Mr. Pickens/Mesa Power LLP had already ordered 687 large wind turbines from General Electric, with regard to delivered starting in new. But transmission lines being built from your state were unlikely achieve the location he has leased until 2013, so he necessary to put the turbines anywhere. Mr. Pickens had once planned establish his own transmission lines, but difficulty in finding financing amid the credit crisis forced him to shelve that plan.

With the end of the gold standard, america was a lot more required to gold to anyone holding U.S. dollars when they asked for it. Thus began the world of "fiat" money, and a whole set of several problems came about.



By 3:15 on Thursday, things were looking pretty sweet, although from there, enthusiasm for maintaining the ramp-job waned and the S&P 500 wound up just one crummy basis point the actual green as well as the NASDAQ slipped into the red.

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