View single post by Joe Kelley
 Posted: Tue Dec 21st, 2010 01:10 pm
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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Mana: 
 Product 2 may not be for everyone, yet, but few people can afford to pay more for less now, why pay more for less now, when you can't afford to - now?

Math is so simple, and this math can be proven - simply.

Solar Panels can now be purchased by a home owner who wants to lower the price paid for each watt of electricity used - that is a documented fact.

Facts should definitely be questioned for validity so I can offer a simple observation - without a link to a seller.

The sellers are now guaranteeing a lower electric bill to the buyers of Solar Panels.

Check it out.

If the idea can be understood; however, then the idea must be understood as a check on any loan that qualifies as a  product 2 loan. The collateral of the loan includes this ability to save on power costs.

Then, for another example, look at the cost per mile on electric cars which are now reported as:

Electric: 2 cents per mile
Petroleum: 10 cents per mile

A buyer of product 1, with a much lower monthly home mortgage payment, may also buy a product 2 loan to start a new taxi service in his, or her, home city, and how competitive can this new taxi service be if he, or she, also starts producing his, or her, own motor fuel in the form of home grown electricity?

Local Taxi service A:
Petroleum cars at 10 cents per mile

Local Taxi service B:
Electric cars at 2 cents per mile

How can you not see this, I ask myself, when, in fact, Local Taxi service A may also be mathematically illustrated as such:

Local Taxi service A (without product 1 or 2):
Petroleum cars at 10 cents per mile
Home mortgage at 5 to 10 percent interest
Business mortgage at 5 to 10 percent interest
Electric costs higher by approximately 10 percent

Local competitor resulting from the easy fix Taxi service B:
Electric cars at 2 cents per mile
Home mortgage at 0 percent interest
Business mortgage at 0 percent interest
Electric costs (fuel for the cars) at 10 percent less cost

Is that too simple?

What power do you think is behind the power that complicates any fix to the supposed problem?