Thursday, May 24, 2012

 
 
 
 
 
This "green" boondoggle will hit your wallet in less than four months
Advertisement
Tuesday, September 13, 2011
Text Size: increase text size decrease text size

From Natural News:

When the U.S. federal government begins to unlawfully rip away Americans' freedom to purchase the light bulbs of their choice beginning on January 1, 2012, the only available choices will be poisonous compact fluorescent (CFL) bulbs, which are loaded with toxic mercury, or expensive light-emitting diode (LED) bulbs, which a recent CNET article explains will cost roughly $15 a piece for the 60-watt variety -- and that is on the inexpensive end of the spectrum.

According to the report, Lighting Science Group and Dixon Technologies India have developed an omnidirectional LED bulb that emits light at the equivalent brightness of a 60 watt incandescent, and that will be priced just below $15. Since 60-watt equivalent LEDs have typically been priced at $40 or more in the past, this new price point is allegedly a bargain.

A typical 60-watt incandescent made by a reputable company, however, only costs around $1, which makes the new

Read full article...

More boondoggles:

A dangerous group of millionaires you need to be aware of

A little-known fact about the post office exposes this huge gov't boondoggle

What you need to know about the government's latest insane prohibition movement

Topics: Green_energy | Government_Stupidity | Boondoggle
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.