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';=0A= }=0A= return checkBoxes; =0A= }=0A= } // END RightColumn=0A= }; // END ForbesStory=0A= =0A= jQuery(function() {=0A= var NEWS_SERVLET =3D 'http://search.forbes.com/news/relatedBoxes.do';=0A= //var POP_SCRIPT =3D = 'http://images.forbes.com/omniture/popModuleStories.js';=0A= var POP_SCRIPT =3D = 'http://images.forbes.com/omniture/mostPopularBox.js';=0A= var MARKETS_BRIEF =3D = 'http://images.forbes.com/conf/markets/marketsbrief.js';=0A= var MOST_COMMENTED_SCRIPT =3D = 'http://www.forbes.com/omniture/mostcommented.js';=0A= =0A= if(!$.event.special.click)=0A= $.event.special.click =3D {=0A= setup: function() {=0A= if(!$.browser.safari) return false;=0A= this.onclick =3D function() { return $.event.handle.apply(this, = arguments); };=0A= return true;=0A= },=0A= teardown:function() {=0A= if(!$.browser.safari) return false;=0A= this.onclick =3D "";=0A= return true;=0A= }=0A= }=0A= =0A= $.extend($.tabs.prototype, {=0A= forbesFormatTabs : function() {=0A= this.$tabs.parents('ul').each(function() {=0A= var tabs =3D $('li>a',this);=0A= tabs.not(':last').addClass('forbes-inner-border');=0A= var liCount =3D tabs.size();=0A= // account for the border and figure out each tabs width=0A= var aSize =3D Math.ceil(($(this).width()-liCount+1)/liCount);=0A= tabs.width(aSize);=0A= // last tab may be shorter because we will pickup rounding/render = issues with it=0A= if($(this).outerHeight()>20) {=0A= var tabsWidth =3D 0;=0A= tabs.each(function() { tabsWidth +=3D $(this).outerWidth(); });=0A= var lastLink =3D tabs.filter(':last');=0A= lastLink.width(lastLink.width()-(tabsWidth-$(this).width()));=0A= }=0A= });=0A= },=0A= forbesRemoveTabs : function(tabList) {=0A= var tabList =3D tabList.split(',');=0A= if(tabList < 1) return;=0A= var that =3D this;=0A= var offset =3D 0;=0A= this.$tabs.each(function(i, a) {=0A= if(jQuery.inArray($(a).text(), tabList) > -1)=0A= that.remove(i + offset--);=0A= });=0A= this.forbesFormatTabs();=0A= }=0A= }); =0A= =0A= var xignitePrerecs =3D false;=0A= function loadXignitePrerecs() {=0A= if(xignitePrerecs) return;=0A= if(!$.fn.everyTime) = loadScript("http://images.forbes.com/scripts/jquery/jquery.timer-1.0.0.mi= n.js");=0A= if(!$.effects) {=0A= = loadScript("http://images.forbes.com/scripts/jquery/ui/effects.core.min.j= s");=0A= = loadScript("http://images.forbes.com/scripts/jquery/ui/effects.highlight.= min.js");=0A= } else if(!$.effects.highlight) = loadScript("http://images.forbes.com/scripts/jquery/ui/effects.highlight.= min.js");=0A= loadScript("http://widgets.xignite.com/forbeslastsale.jscript");=0A= if(!window.Xignite) = loadScript("http://widgets.xignite.com/JavaScripts/Widgets/forbeslastsale= .js");=0A= xignitePrerecs =3D true;=0A= }=0A= =0A= =0A= // Configure/Request story modules=0A= $(".storyBoxes").each(function() {=0A= var id =3D $(this).attr('id');=0A= switch(id) {=0A= case 'quotes':=0A= var tickers =3D $(this).attr('data-tickers');=0A= if(tickers=3D=3D=3Dundefined||tickers=3D=3D"") break;=0A= loadXignitePrerecs();=0A= = loadScript("http://images.forbes.com/scripts/story/xignite/RelatedBox.Con= figurable.js");=0A= break;=0A= case 'companyBox':=0A= var tickers =3D $(this).attr('data-tickers');=0A= if(tickers=3D=3D=3Dundefined||tickers=3D=3D"") break;=0A= loadXignitePrerecs();=0A= = loadScript("http://images.forbes.com/scripts/story/xignite/CompanyBoxWiki= Invest.Configurable.js");=0A= break;=0A= case 'related':=0A= var popularString =3D "
"+=0A= "
"+=0A= "
";=0A= var tickers =3D $(this).attr('data-tickers');=0A= if($(this).attr('quotes')&&tickers!=3D=3Dundefined&&tickers!=3D"") {=0A= popularString +=3D "
Quotes
";=0A= }=0A= popularString =3D popularString + "
Stories
"+=0A= "
In Pictures
"+=0A= "
Videos
"+=0A= "
"+=0A= "
"=0A= $('#related').replaceWith(popularString);=0A= $('.mkBrd').tabs();=0A= $('.mkBrd').tabs('forbesFormatTabs');=0A= var dkeys =3D $(this).attr('data-keywords') || "";=0A= var keys =3D dkeys.split(',');=0A= if(keys.length < 4)=0A= dkeys +=3D ',' + document.title.replace(/(\s)*-\sForbes.com$/, '');=0A= = loadScript(NEWS_SERVLET+"?tickers=3D"+$(this).attr('data-tickers')+"&keyw= ords=3D"+dkeys+"&slideshows=3D"+$(this).attr('slideshows')+"&url=3D"+$(th= is).attr('url'));=0A= if($(this).attr('quotes')&&tickers!=3D=3Dundefined&&tickers!=3D"") {=0A= $('#relatedBox').data('tickers',tickers);=0A= = loadScript("http://images.forbes.com/scripts/story/xignite/RelatedTab.Con= figurable.js");=0A= } else { $(".mkBrd").tabs('forbesRemoveTabs', 'Quotes'); }=0A= break;=0A= case 'pop':=0A= loadScript(POP_SCRIPT);=0A= break;=0A= case 'mktBrief':=0A= loadScript(MARKETS_BRIEF);=0A= break;=0A= case 'mostcommented': =0A= loadScript(MOST_COMMENTED_SCRIPT); =0A= case 'customRelated':=0A= $('.mkBrd').tabs();=0A= $('.mkBrd').tabs('forbesFormatTabs'); =0A= if($(this).attr('markets')) {=0A= var tickers =3D $(this).attr('data-tickers');=0A= if($(this).attr('quotes')&&tickers!=3D=3Dundefined&&tickers!=3D"") = { =0A= $('#relatedBox').data('tickers',tickers);=0A= = loadScript("http://images.forbes.com/scripts/story/xignite/RelatedTab.Con= figurable.js");=0A= } else {$(".mkBrd").tabs('forbesRemoveTabs', 'Quotes'); }=0A= } =0A= break; =0A= }=0A= });=0A= =0A= // Write partner backlinks to the story page=0A= $(".partners").each(function() {=0A= var id =3D $(this).attr('id');=0A= var placement =3D id.substr(2,id.length);=0A= if(!partner || !placement) return; // partner defined in header_setup=0A= var height =3D '30';=0A= var width =3D '130';=0A= var url =3D '';=0A= var link =3D '';=0A= var klass =3D 'top';=0A= if(partner =3D=3D 'yahoo' || partner =3D=3D 'yahoomag' || partner = =3D=3D 'yahootix') {=0A= if(placement =3D=3D 'RightTop') {=0A= = url=3D'http://images.forbes.com/media/partners/yahoo/BackToYahooFinanceBu= tton2.gif';=0A= link=3D'http://finance.yahoo.com';=0A= } else if(placement =3D=3D 'MidBottom') {=0A= = url=3D'http://images.forbes.com/media/partners/yahoo/BackToYahooFinanceBu= tton2.gif';=0A= link=3D'http://finance.yahoo.com';=0A= klass =3D 'bottom';=0A= }=0A= } else if(partner =3D=3D 'yahoomail') {=0A= if(placement =3D=3D 'RightTop') {=0A= = url=3D'http://images.forbes.com/media/partners/yahoo/yahoo_mail_130x30.gi= f';=0A= link=3D'http://mail.yahoo.com';=0A= }=0A= } else if(partner =3D=3D 'my_yahoo') {=0A= if(placement =3D=3D 'MidBottom') {=0A= height=3D'31';=0A= width=3D'88';=0A= = url=3D'http://images.forbes.com/media/partners/my_yahoo/BackToMyYahooFina= nceButton.gif';=0A= link=3D'http://my.yahoo.com';=0A= klass =3D 'bottom';=0A= }=0A= }=0A= if(height !=3D '' && width !=3D '' && url !=3D '' && link !=3D '') {=0A= $('#p_'+placement).replaceWith('
');=0A= }=0A= =0A= });=0A= =0A= function loadScript(url) {=0A= var s =3D document.createElement('script');=0A= s.src =3D url;=0A= document.body.appendChild(s);=0A= }=0A= =0A= // Construct tabs for Special Reports module=0A= $('#listSpBox>ul').tabs().tabs('forbesFormatTabs');=0A= =0A= // Bind events for the Alerts Box=0A= (function() {=0A= $('#eNewsltrs cite a').click(function() {=0A= var remote =3D window.open('', 'TheRemote', = "toolbar=3D0,location=3D0,directories=3D0,status=3D0,"=0A= = +"menubar=3D0,scrollbars=3D1,resizable=3D1,height=3D400,width=3D600");=0A= remote.location.href =3D $(this).attr('href');=0A= remote.focus();=0A= return false;=0A= });=0A= $('#alertForm :input[type=3Dtext]').focus(function() { = if($(this).val()=3D=3Dthis.defaultValue) $(this).val(''); });=0A= $('#alertForm').submit(function() {=0A= if(isMember()) {=0A= var isOneChecked =3D verifyOneChecked(this);=0A= if (!isOneChecked) alert('Please select at least one alert.');=0A= return isOneChecked;=0A= } else {=0A= if (checkAlertForm()) {=0A= setCLevelAlertsCookie($('#alerts_title').val());=0A= return true;=0A= }=0A= }=0A= return false;=0A= });=0A= =0A= function checkAlertForm() {=0A= var msg =3D "";=0A= if (!loginCheck($('input.alertsUsername').val())) {=0A= msg =3D "Usernames must be between 5 and 25 characters, with no = spaces or dashes. "=0A= +"Please use letters, numbers, and underscores only.";=0A= } else if (!emailCheck($('input.alertsEmail').val())) {=0A= msg =3D "Please provide a valid email address";=0A= } else if (!verifyOneChecked(document.alertForm)) {=0A= msg =3D "Please select at least one alert";=0A= } else if($("select.alertsTitle option:selected").val()=3D=3D"") {=0A= msg =3D "Please select a title from the drop down list.";=0A= }=0A= if (msg =3D=3D "") return true;=0A= else alert(msg);=0A= return false;=0A= }=0A= =0A= function verifyOneChecked(theForm) {=0A= var retValue =3D false;=0A= if ((theForm !=3D null) && (theForm.elements !=3D null)) {=0A= for (i =3D 0; i < theForm.elements.length; i++) { =0A= if ((theForm.elements[i].type =3D=3D "checkbox") && = (theForm.elements[i].checked) =0A= && (theForm.elements[i].id !=3D "Special Offers")) {=0A= return true;=0A= }=0A= }=0A= }=0A= return false;=0A= }=0A= =0A= function loginCheck(login) {=0A= if (!login) return false;=0A= login=3D$.trim(login);=0A= // The login should contain only letters, digits or underscore chars;=0A= // the length of the login must be between 5 and 25 chars.=0A= if (login.match(/^[\da-z_]{5,25}$/i)=3D=3Dnull) return false;=0A= return true;=0A= }=0A= =0A= function emailCheck(email) {=0A= var emailPat =3D /^(.+)@(.+)$/=0A= var specialChars =3D "\$\$<>@,;:\\\\\\\"\\.\\[\\]"=0A= var validChars =3D "\[^\\s" + specialChars + "\]"=0A= var quotedUser =3D "(\"[^\"]*\")"=0A= var ipDomainPat =3D /^\[(\d{1,3})\.(\d{1,3})\.(\d{1,3})\.(\d{1,3})\]$/=0A= var atom =3D validChars + '+'=0A= var word =3D "(" + atom + "|" + quotedUser + ")"=0A= var userPat =3D new RegExp("^" + word + "(\\." + word + ")*$")=0A= var domainPat =3D new RegExp("^" + atom + "(\\." + atom + ")*$")=0A= var matchArray =3D email.match(emailPat)=0A= if (matchArray =3D=3D null) return false=0A= var user =3D matchArray[1];=0A= var domain =3D matchArray[2];=0A= =0A= if (user.match(userPat) =3D=3D null) return false;=0A= =0A= var IPArray =3D domain.match(ipDomainPat);=0A= if (IPArray !=3D null) {=0A= // this is an IP address=0A= for (var i =3D 1; i <=3D 4; i++) {=0A= if (IPArray[i] > 255) return false;=0A= }=0A= return true;=0A= }=0A= =0A= // Domain is symbolic name=0A= var domainArray =3D domain.match(domainPat);=0A= if (domainArray =3D=3D null) return false;=0A= =0A= var atomPat =3D new RegExp(atom, "g");=0A= var domArr =3D domain.match(atomPat);=0A= var len =3D domArr.length;=0A= if (domArr[domArr.length - 1].length < 2 || domArr[domArr.length - = 1].length > 3) return false;=0A= =0A= if (len < 2) return false;=0A= =0A= return true;=0A= }=0A= $("div#sponsoredLinks").html("");=0A= =0A= /* - breaks in ie=0A= $('#x1div').contents().filter(function() {=0A= return this.nodeType =3D=3D Node.TEXT_NODE;=0A= }).remove()[0];=0A= */=0A= =0A= function setCLevelAlertsCookie(title) {=0A= var validTitles =3D = ['President','Chairman','Owner/Partner','CEO','CFO','CIO/CTO',=0A= 'CMO','COO','General Manager','Vice President','Technical Staff'];=0A= var valid =3D false;=0A= for(var i in validTitles) if(title=3D=3DvalidTitles[i]) { valid =3D = true; 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Rate This Story
Your Rating = ";=0A= function addStars(cls) { for(var i=3D0;i<5;i++) html+=3D''; }=0A= addStars("star");=0A= html+=3D"Overall Rating ";=0A= addStars("star no");=0A= html+=3D"
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Rate This Story
Your Rating
";=0A= function addStars(cls) { for(var i=3D0;i<5;i++) html+=3D''; }=0A= addStars("star");=0A= html+=3D"
";=0A= html+=3D"
Overall Rating
";=0A= addStars("star no");=0A= html+=3D"
";=0A= $(id).html(html);=0A= var i=3D0,clearHandle;=0A= t.userRating=3D0;=0A= $(id).append('');=0A= t.rateElement =3D $("#fdcrtsfajax");=0A= this.userStars =3D $(id+' img').slice(0,5).each(function() {=0A= (function(star,i) {=0A= $(star).mouseover(function() {=0A= if(clearHandle) clearTimeout(clearHandle);=0A= t.setStars(t.userStars,i+1);=0A= }).mouseout(function() { clearHandle =3D setTimeout(function() { = t.setStars( t.userStars,t.userRating);},t.starTimeout);=0A= }).click(function() {=0A= t.userRating =3D i+1;=0A= t.setStars(t.userStars,i+1);=0A= fajax.call("fdcrtsid",t.rateElement.get(0),t.rateCall, {=0A= rating:i+1,=0A= op:'rate',=0A= source_type:t.params.source_type,=0A= source_id:t.params.source_id,=0A= z:Math.random()=0A= });=0A= });=0A= })(this,i++);=0A= });=0A= this.avgStars =3D $(id+' img').slice(5);=0A= // get the current ratings=0A= fajax.call("fdcrtsid", t.rateElement.get(0), t.rateCall, {=0A= request:'all',=0A= op:'init',=0A= source_type:t.params.source_type,=0A= source_id:t.params.source_id,=0A= z:Math.random()=0A= });=0A= t.comments =3D $('#readerCommentsP2');=0A= $(id).append('');=0A= t.commentElement =3D $("#fdccommentsfajax2");=0A= t.bubble=3Dfalse;=0A= $("#comLink2").click(function() {=0A= $('#commentLink2').trigger("click")=0A= var cForm =3D $('#commentLink').offset();=0A= if(!cForm) return false;=0A= $("html,body").animate({scrollTop:cForm.top-40},"fast");=0A= return false;=0A= });=0A= $('#controlsbox p.comments,ul.controls>.comments').click(function() {=0A= var comments =3D $('#readerCommentsP2').offset();=0A= if(!comments) return;=0A= $("html,body").animate({scrollTop:comments.top-10},"fast");=0A= return false;=0A= });=0A= },=0A= setCommentsHTML:function(data) {=0A= =0A= var t=3Dthis;=0A= var html =3D "
Reader Comments
";=0A= if(data) {=0A= var comments =3D data.recentComments;=0A= for(var i in comments) {=0A= var link =3D = t.commentCall+"?op=3Dcpage&sourcename=3D"+t.params.source_type+"&StoryURI= =3D"+t.params.source_id+"&com=3D"+comments[i].id;=0A= =0A= if(comments[i].editor) html +=3D '
';=0A= else html +=3D '
';=0A= html +=3D '
'+comments[i].text+''+((comments[i].more)?' [Read More]':'')+'
';=0A= if(comments[i].tags.length) {=0A= html +=3D 'Tags: ';=0A= for(var k in comments[i].tags) {=0A= comments[i].tags[k] =3D ''+t.remove8203s(comments[i].tags[k])= +'';=0A= }=0A= html+=3Dcomments[i].tags.join(", ");=0A= }=0A= html +=3D 'Posted by '+comments[i].author+' | = '+comments[i].time+' ';=0A= html +=3D '
';=0A= }=0A= if(data.totalComments>3) html +=3D '
Read All Comments = ('+data.totalComments+')
';=0A= if(data.totalComments>0) $('#controlsbox = p.comments>a,ul.controls>.comments>a').html('comments ('+data.totalComments+')');=0A= }=0A= html+=3D'
Post a Comment
';=0A= t.comments.html(html);=0A= $('a.abuse',t.comments).click(function() { return = t.popWindow(this,380,350,false); });=0A= $('#commentLink',t.comments).click(function() { =0A= if(isMember()) {=0A= $(this).unbind('click'); // stop capturing the click=0A= $(this).replaceWith('
Post a Comment
form>textarea[name=3Dcomme= nt]\','+t.commentLength+');" = onkeyup=3D"rtsUtil.trimLength(\'#commentForm>form>textarea[name=3Dcomment= ]\','+t.commentLength+');" cols=3D"44" rows=3D"6" = name=3D"comment">
Tags
Separated by = commas
Loading = Captcha...
');=0A= $('a',this).click(function() { return = t.popWindow(this,600,400,true); });=0A= = fajax.call("commentid",t.commentElement.get(0),t.commentCall,{op:'showcap= tcha',StoryURI:t.params.source_id,z:Math.random(),sourcename:t.params.sou= rce_type});=0A= $("#commentForm>form").submit(function() {=0A= var captchaid =3D $('#captchaid');=0A= if(captchaid.get(0)!=3Dnull) {=0A= if(!t.goodComment()) return;=0A= else = fajax.call("captchaid",t.commentElement.get(0),t.commentCall,{op:"captcha= check",captcha:captchaid.val(),StoryURI:t.params.source_id,sourcename:t.p= arams.source_type,z:Math.random()});=0A= } else t.save();=0A= return false;=0A= });=0A= } else {=0A= document.domain =3D "forbes.com";=0A= tb_show("", = "http://members.forbes.com/membership/regbubble/story_regbubble_signup?ke= epThis=3Dtrue&TB_iframe=3Dtrue&height=3D350&width=3D550", "");=0A= /*=0A= function bubble() {=0A= fdcregbubble.bubble('show',$('.commentLink = span').get(0),'http://www.forbes.com/'+t.params.source_id,false);=0A= var wind =3D $(window).scrollTop();=0A= var popbox =3D $('#popupbox').offset().top=0A= if(wind+$(window).height()popbox) = $("html,body").animate({scrollTop:popbox-40},"fast");=0A= }=0A= if(t.bubble) bubble();=0A= else {=0A= = fajax.call("fdcrtsid",t.rateElement.get(0),t.regBubble,{},function() {=0A= t.bubble=3Dtrue;=0A= bubble();=0A= });=0A= }=0A= */=0A= }=0A= });=0A= =0A= // To open comment box by default=0A= if(isMember()) {=0A= $(this).unbind('click'); // stop capturing the click=0A= $('#commentLink').replaceWith('
Post a Comment
form>textarea[name=3Dcomme= nt]\','+t.commentLength+');" = onkeyup=3D"rtsUtil.trimLength(\'#commentForm>form>textarea[name=3Dcomment= ]\','+t.commentLength+');" cols=3D"44" rows=3D"6" = name=3D"comment">
Tags
Separated by = commas
Loading = Captcha...
');=0A= $('a',this).click(function() { return t.popWindow(this,600,400,true); = });=0A= = fajax.call("commentid",t.commentElement.get(0),t.commentCall,{op:'showcap= tcha',StoryURI:t.params.source_id,z:Math.random(),sourcename:t.params.sou= rce_type});=0A= $("#commentForm>form").submit(function() {=0A= var captchaid =3D $('#captchaid');=0A= if(captchaid.get(0)!=3Dnull) {=0A= if(!t.goodComment()) return;=0A= else = fajax.call("captchaid",t.commentElement.get(0),t.commentCall,{op:"captcha= check",captcha:captchaid.val(),StoryURI:t.params.source_id,sourcename:t.p= arams.source_type,z:Math.random()});=0A= } else t.save();=0A= return false;=0A= });=0A= }=0A= =0A= },=0A= setCommentsHTML2:function(data) {=0A= var t=3Dthis;=0A= var html =3D "
Reader Comments
";=0A= if(data) {=0A= var comments =3D data.recentComments;=0A= for(var i in comments) {=0A= var link =3D = t.commentCall+"?op=3Dcpage&sourcename=3D"+t.params.source_type+"&StoryURI= =3D"+t.params.source_id+"&com=3D"+comments[i].id;=0A= =0A= if(comments[i].editor) html +=3D '
';=0A= else html +=3D '
';=0A= html +=3D '
'+comments[i].text+''+((comments[i].more)?' [Read More]':'')+'
';=0A= if(comments[i].tags.length) {=0A= html +=3D 'Tags: ';=0A= for(var k in comments[i].tags) {=0A= comments[i].tags[k] =3D ''+t.remove8203s(comments[i].tags[k])= +'';=0A= }=0A= html+=3Dcomments[i].tags.join(", ");=0A= }=0A= html +=3D 'Posted by '+comments[i].author+' | = '+comments[i].time+' ';=0A= html +=3D '
';=0A= }=0A= if(data.totalComments>3) html +=3D '
Read All Comments = ('+data.totalComments+')
';=0A= if(data.totalComments>0) $('#controlsbox = p.comments>a,ul.controls>.comments>a').html('comments ('+data.totalComments+')');=0A= }=0A= html+=3D'
Post a = Comment
';=0A= t.comments.html(html);=0A= $('a.abuse',t.comments).click(function() { return = t.popWindow(this,380,350,false); });=0A= $('#commentLink',t.comments).click(function() { =0A= t.getCommentForm(t); =0A= if ($('#cF2').get(0) !=3D null){=0A= $('a.abuse','#readerCommentsP2').click(function() { return = t.popWindow(this,380,350,false); }); =0A= t.setOnClick(false,t);=0A= } =0A= }); =0A= // To open comment box by default.=0A= if(isMember()) {=0A= //$('#commentLink').trigger('click');=0A= $('#commentflag').replaceWith('
Post a Comment
form>textarea[name=3Dcomme= nt]\','+t.commentLength+');" = onkeyup=3D"rtsUtil.trimLength(\'#commentForm>form>textarea[name=3Dcomment= ]\','+t.commentLength+');" cols=3D"44" rows=3D"6" = name=3D"comment">
Tags
Separated by = commas
Loading = Captcha...
');=0A= $('a',this).click(function() { return = t.popWindow(this,600,400,true); }); =0A= = fajax.call("commentid",t.commentElement.get(0),t.commentCall,{op:'showcap= tcha',StoryURI:t.params.source_id,z:Math.random(),sourcename:t.params.sou= rce_type});=0A= $("#commentForm>form").submit(function() {=0A= var captchaid =3D $('#captchaid');=0A= if(captchaid.get(0)!=3Dnull) {=0A= if(!t.goodComment()) return; =0A= else = fajax.call("captchaid",t.commentElement.get(0),t.commentCall,{op:"captcha= check",captcha:captchaid.val(),StoryURI:t.params.source_id,sourcename:t.p= arams.source_type,z:Math.random()}); =0A= } else t.save();=0A= return false;=0A= });=0A= }=0A= =0A= },=0A= setCommentsBoxHTML:function(data) { // comments box=0A= var t=3Dthis;=0A= var html =3D "
Reader Comments
";=0A= if(data) {=0A= var comments =3D data.recentComments;=0A= for(var i in comments) {=0A= if (i < 1){=0A= var link =3D = t.commentCall+"?op=3Dcpage&type=3Dnew&sourcename=3D"+t.params.source_type= +"&StoryURI=3D"+t.params.source_id+"&com=3D"+comments[i].id;=0A= =0A= if(comments[i].editor) html +=3D '
';=0A= else html +=3D '
';=0A= var text =3D comments[i].text;=0A= if (text.length >=3D 199){ html +=3D '
'+comments[i].text + '....
';}=0A= else { html +=3D '
'+comments[i].text+'
';}=0A= html +=3D '';=0A= }=0A= }=0A= if(data.totalComments>1) html +=3D '
Read All Comments = ('+data.totalComments+')
';=0A= if(data.totalComments>0) $('#controlsbox = p.comments>a,ul.controls>.comments>a').html('comments ('+data.totalComments+')');=0A= }=0A= html+=3D'
Post a Comment
';=0A= $('#readerCommentsP2').html(html);=0A= $('a.abuse','#readerCommentsP2').click(function() { return = t.popWindow(this,380,350,false); });=0A= $('#commentLink2','#readerCommentsP2').click(function() {=0A= t.getCommentFormBox(t);=0A= if ($('#cF').get(0) !=3D null){=0A= $('a.abuse','#readerComments').click(function() { return = t.popWindow(this,380,350,false); });=0A= t.setOnClick(true,t);=0A= } =0A= });=0A= },=0A= getCommentForm:function(t) {=0A= if(isMember()) {=0A= $('#commentflag').replaceWith('
Post a Comment
form>textarea[name=3Dcomme= nt]\','+t.commentLength+');" = onkeyup=3D"rtsUtil.trimLength(\'#commentForm>form>textarea[name=3Dcomment= ]\','+t.commentLength+');" cols=3D"44" rows=3D"6" = name=3D"comment">
Tags
Separated by = commas
Loading = Captcha...
');=0A= $('a',this).click(function() { return = t.popWindow(this,600,400,true); });=0A= = fajax.call("commentid",t.commentElement.get(0),t.commentCall,{op:'showcap= tcha',StoryURI:t.params.source_id,z:Math.random(),sourcename:t.params.sou= rce_type});=0A= $("#commentForm>form").submit(function() {=0A= var captchaid =3D $('#captchaid');=0A= if(captchaid.get(0)!=3Dnull) {=0A= if(!t.goodComment()) return;=0A= else = fajax.call("captchaid",t.commentElement.get(0),t.commentCall,{op:"captcha= check",captcha:captchaid.val(),StoryURI:t.params.source_id,sourcename:t.p= arams.source_type,z:Math.random()});=0A= } else t.save();=0A= return false;=0A= });=0A= } else {=0A= document.domain =3D "forbes.com";=0A= tb_show("", = "http://members.forbes.com/membership/regbubble/story_regbubble_signup?ke= epThis=3Dtrue&TB_iframe=3Dtrue&height=3D350&width=3D550", "");=0A= /*=0A= function bubble() {=0A= fdcregbubble.bubble('show',$('.commentLink = span').get(0),'http://www.forbes.com/'+t.params.source_id,false);=0A= var wind =3D $(window).scrollTop();=0A= var popbox =3D $('#popupbox').offset().top=0A= if(wind+$(window).height()popbox) = $("html,body").animate({scrollTop:popbox-40},"fast");=0A= }=0A= if(t.bubble) bubble();=0A= else {=0A= = fajax.call("fdcrtsid",t.rateElement.get(0),t.regBubble,{},function() {=0A= t.bubble=3Dtrue;=0A= bubble();=0A= });=0A= }=0A= */=0A= }=0A= },=0A= getCommentFormBox:function(t) {=0A= if(isMember()) {=0A= $('#commentflag2').replaceWith('
Post a Comment
form>textarea[name=3Dcomme= nt]\','+t.commentLength+');" = onkeyup=3D"rtsUtil.trimLength(\'#commentForm>form>textarea[name=3Dcomment= ]\','+t.commentLength+');" cols=3D"20" rows=3D"6" = name=3D"comment">
Tags
Separated by = commas
Loading = Captcha...
');=0A= $('a',this).click(function() { return = t.popWindow(this,600,400,true); });=0A= = fajax.call("commentid",t.commentElement.get(0),t.commentCall,{op:'showcap= tcha',StoryURI:t.params.source_id,z:Math.random(),sourcename:t.params.sou= rce_type,type:'new'});=0A= $("#commentForm>form").submit(function() {=0A= var captchaid =3D $('#captchaid');=0A= if(captchaid.get(0)!=3Dnull) {=0A= if(!t.goodComment()) return;=0A= else = fajax.call("captchaid",t.commentElement.get(0),t.commentCall,{op:"captcha= check",captcha:captchaid.val(),StoryURI:t.params.source_id,sourcename:t.p= arams.source_type,z:Math.random(),type:'new'});=0A= } else t.save();=0A= return false;=0A= });=0A= } else {=0A= document.domain =3D "forbes.com";=0A= tb_show("", = "http://members.forbes.com/membership/regbubble/story_regbubble_signup?ke= epThis=3Dtrue&TB_iframe=3Dtrue&height=3D350&width=3D550", "");=0A= /*=0A= function bubble() {=0A= = fdcregbubble.bubble('show',$('#commentLink2>cite>span').get(0),'http://ww= w.forbes.com/'+t.params.source_id,false);=0A= var wind =3D $(window).scrollTop();=0A= var popbox =3D $('#popupbox').offset().top=0A= if(wind+$(window).height()popbox) = $("html,body").animate({scrollTop:popbox-40},"fast");=0A= }=0A= if(t.bubble) bubble();=0A= else {=0A= = fajax.call("fdcrtsid",t.rateElement.get(0),t.regBubble,{},function() {=0A= t.bubble=3Dtrue;=0A= bubble();=0A= });=0A= }=0A= */=0A= }=0A= },=0A= setOnClick:function(first,t) {=0A= if(first){=0A= $('#cF').replaceWith('
Post a Comment
');=0A= t.getCommentFormBox(t);=0A= = $('#commentLink','#readerComments').click(function() {=0A= t.setOnClick(false,t);=0A= });=0A= }else{=0A= $('#cF2').replaceWith('
Post a Comment
');=0A= t.getCommentForm(t);=0A= = $('#commentLink2','#readerCommentsP2').click(function() {=0A= t.setOnClick(true,t);=0A= });=0A= }=0A= },=0A= goodComment:function() {=0A= if($('#commentForm>form>textarea[name=3Dcomment]').val().length<1) {=0A= alert("Please enter comment.");=0A= return false;=0A= }=0A= return true;=0A= },=0A= save:function() {=0A= if(!this.goodComment()) return;=0A= else $('#commentForm>form').unbind('submit').submit();=0A= },=0A= setStars:function(set,value) {=0A= =0A= for(var i=3D0;i=3Di+1) set.eq(i).attr({src:this.fullStar});=0A= else if(value>=3Di+0.5) set.eq(i).attr({src:this.halfStar});=0A= else set.eq(i).attr({src:this.emptyStar});=0A= }=0A= },=0A= popWindow:function(a,width,height,scroll) {=0A= = window.open($(a).attr('href'),"","toolbar=3D0,location=3D0,directories=3D= 0,status=3D0,menubar=3D0,resizable=3Dno,scrollbars=3D"+(scroll?'1':'0')+"= ,width=3D"+width+",height=3D"+height);=0A= return false;=0A= },=0A= trimLength:function(el, len) {=0A= var e =3D $(el);=0A= if(e.val().length > len) {=0A= e.val(e.val().substr(0,len));=0A= }=0A= }, =0A= remove8203s:function(t) { return = ($.browser.ie)?t.replace(//g,''):t; }=0A= };=0A= /* this handles the queueing and calling of fake ajax calls */=0A= var fajax =3D {=0A= call:function(key, element, path, data, callback) {=0A= if(!this.queue[key]) this.queue[key] =3D [];=0A= = this.queue[key].unshift({path:path,data:data,element:element,callback:cal= lback});=0A= if(this.queue[key].length =3D=3D 1)=0A= this._sendRequest(key, element, path, data);=0A= },=0A= fullfilled:function(key) {=0A= if(!this.queue[key]) return;=0A= var f =3D this.queue[key].pop().callback;=0A= if(typeof f =3D=3D 'function') f();=0A= if(this.queue[key].length>=3D1) {=0A= var params =3D this.queue[key][this.queue[key].length-1];=0A= this._sendRequest(key, params.element, params.path, params.data);=0A= }=0A= },=0A= _sendRequest:function(key, e, path, data) {=0A= data.key =3D key;=0A= var params =3D '';=0A= for(var name in data) { params +=3D = (params=3D=3D''?'?':'&')+name+"=3D"+escape(data[name]); }=0A= var scriptElement =3D document.createElement('script');=0A= scriptElement.setAttribute('type','text/javascript');=0A= scriptElement.setAttribute('src',path+params);=0A= if(e.hasChildNodes()) e.replaceChild(scriptElement,e.firstChild);=0A= else e.appendChild(scriptElement);=0A= },=0A= queue:[]=0A= };=0A= function hideAd() {=0A= var ad =3D $('#'+thisAdDiv);=0A= var h =3D ad.height();=0A= if($('#winColFiller').length=3D=3D0) ad.after('
');=0A= ad.hide();=0A= }=0A= function showAd() {=0A= if(searchTab!=3D0) return;=0A= $('#'+thisAdDiv).show();=0A= $('#winColFiller').remove();=0A= }=0A= =0A= OAS_AD("x92");=0A= OAS_AD("x91");=0A= document.write('');=0A= document.write('');=0A= document.write('');=0A= ------=_NextPart_000_0005_01CBE312.296C21E0 Content-Type: application/octet-stream Content-Transfer-Encoding: quoted-printable Content-Location: http://images.forbes.com/boxes/williamyeatman.js document.write('

= =

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Why ''smart grid'' technology is still dumb.

America is a beacon of capitalism, so it can be jarring to discover = one of=20 its largest industries is a redoubt of socialism. State governments have = been=20 running the electricity business, currently a $330-billion-a-year = industry,=20 since Theodore Roosevelt pounded his White House bully pulpit.

Central planning of the electricity industry started during the = Progressive=20 Era, as is the case with many misguided policies. Early in the 20th = century,=20 intervention-minded progressives, such as Wisconsin's Robert "Fighting = Bob" La=20 Follette, concluded that electric companies would consolidate into = "natural"=20 monopolies that preyed on consumers. This was a curious conclusion to = reach at a=20 time when electric companies were competing vigorously in many = cities.

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Their remedy for this theoretical drift toward natural monopoly was,=20 incredibly, to establish real government-mandated monopolies. States = created=20 commissions with the regulatory power to outlaw competition among = utilities and=20 set the price of electricity for consumers. By the end of the Great = Depression,=20 almost all Americans bought their electricity from government-backed = monopolies,=20 and it remains so to this day.

The progressives reasoned that electricity providers couldn't abuse = consumers=20 if they labored under the state's thumb, but it's far from that simple. = Without=20 competition, there is no spur for innovation, which is why electricity=20 transmission and distribution--the system of wires, towers and poles = that=20 transmits electricity from the power plant to your home--haven't changed = much=20 since the regulators stepped in.

That's unfortunate, because while the power system remains frozen in = time,=20 American society as a whole has changed dramatically. The U.S. has = become a=20 wired nation, a people wholly dependent on reliable electricity to power = their=20 computers, phones and iPods. And America's anachronistic electricity = supply=20 chain is failing to keep pace with demand. Massive blackouts in = California=20 (2005), Florida (2008) and the entire Northeast (2003) serve as stark = reminders=20 of the fragility of the U.S. grid.

Congress wants to overhaul the system by spending a king's ransom on=20 technologies that would give utilities the ability to moderate consumer=20 demand--by, say, remotely turning down millions of thermostats during = periods of=20 peak use. In theory, this might avoid the supply crunches that can = stress the=20 system to the breaking point, leading to blackouts. Proponents call this = a=20 "smart grid" approach, but it's really a stupid policy, especially when = the U.S.=20 could modernize the system without spending a penny from the government=20 treasury.

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It could do so by simply freeing the electricity market from = state-sponsored=20 socialism. Under the Progressive Era regulatory model that persists to = this day,=20 state regulators set a flat rate for electricity, so it costs consumers = the same=20 amount of money whether they use it at 5 p.m. or 5 a.m., even though the = cost of=20 generation is much greater in the afternoon, when demand is higher. If=20 electricity were priced based on demand rather than on government = mandates,=20 demand would gradually decrease during peak hours when it was more = expensive.=20 Consumers would buy "smart grid" technologies of their own volition, to = save=20 money on their utility bills.

Or consider the ugly transmission lines. Thanks to a state ban on = competition=20 among utilities, the manner in which electricity is provided hasn't = changed for=20 100 years. Enormous power plants in remote locations generate the juice, = which=20 is then transported hundreds of miles on transmission towers and = distribution=20 poles on its way to homes and businesses. It's a long and tenuous supply = chain,=20 which makes it leaky and vulnerable. The blackout that darkened the = Northeast in=20 2003 was caused by a tree branch in Ohio.

Engineers have developed small-scale generation technologies = (micro-nuclear=20 power plants, mini-gas turbines, solar panels and the like) that can=20 dramatically shorten the distance from generation to end-use. These = technologies=20 could make the grid more reliable and eliminate the need for eyesore=20 transmission towers. This can't happen right now, however, because state = regulators allow only one provider of electricity in each service area = keeping=20 the energy industry locked into the old energy generation model.

If Congress were serious about addressing the problem of America's = outdated=20 grid, it would encourage states to dismantle the barriers to energy = competition.=20 Instead, it is pushing smart-grid subsidies to further entrench the = electric=20 industry's broken regulatory regime by funneling billions of dollars = through=20 monopolistic utilities and their bureaucratic benefactors in local = government.=20 These subsidies will simply prop up a broken and ossified system.

William Yeatman is an energy policy analyst at the Competitive = Enterprise=20 Institute. Jeremy Lott is an editor at Capital Research Center and = author of=20 The Warm Bucket Brigade: The Story of the American Vice=20 Presidency.

Return to The=20 21st-Century City special report.

Read more about Smart Cities here.=20

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The 21st-Century City

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Why ''smart grid'' technology is still dumb.

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